Pharmaceutical Robots Market Adopting Innovative Business Strategies by 2025

Global Pharmaceutical Robots Market: Overview

Pharmaceutical robots find application in laboratories and pharmacies and in various drug manufacturing processes. Robotics are also used by hospitals for numerous pharmaceutical applications that include mixing hazardous oncological drugs and formulations emitting harmful radiations. Over the past few years, the adoption of robotics in the pharmaceutical industry has been markedly slower than in other industries. Nonetheless, in recent years, the application of robotics and automation technologies in pharmaceutical manufacturing, production operations, and distribution systems, has gathered pace.

Robots find wide applications in automating a variety of repetitive tasks, mainly in hazardous environments. The application of different types of pick-and-place machines for the development of different pharmaceutical products is growing too.

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Global Pharmaceutical Robots Market: Key Trends

The soaring demand for new drugs and formulations has egged a number of pharmaceutical companies to explore new ways to make better and less expensive drugs. This is a key factor propelling the pharmaceutical robots market. The demand for automated filling, inspection, and packaging in pharmaceutical manufacturing are other factors driving the market. The use of robots in potentially hazardous settings such as those prone to radioactive radiations, biological dangers, and cross-contamination in cleanrooms has boosted the uptake of robots in the pharmaceutical industry. Various advantages of using pharmaceutical robots include remarkably high precision and speed in drug formulation, significantly reduced overhead costs, elimination in human error, and high reproducibility. Rising awareness of these benefits is expected to fuel the application of pharmaceutical robots.

Global Pharmaceutical Robots Market: Market Potential

Robotic technologies are increasingly being adopted in automated syringe assemblies, inspections, and packaging. The use of pharmaceutical robots is gaining prominence in sterile environments. This is attributed to their dexterity and reliability in reducing risks arising from environmental contamination and in eliminating cross-contamination between humans and components. Witnessing the vast potential of robots in the pharmaceutical sector, leading manufacturers of pharmaceutical process equipment are making product innovations.

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Steriline, a global manufacturer and supplier of specialized process equipment in the pharmaceutical sector, has recently expanded its robotics solutions for the aseptic processing of pharmaceutical products. The European manufacturer will preview its new Robotic Pulsed Light Sterilizer (RPLS1) at interpack 2017, a leading event scheduled to take place in Düsseldorf starting May 4, 2017. The robotic solution is the first-of-its kind to adopt the pulsed light sterilizer technology for ready-to-use (RTU) nest sterilization. RPLS1 can be connected to any RTU filling machine and can sterilize cartridges, syringes, and vials.  Easy and cost-effective to install, the robotic device boasts of a processing capacity of 120 tubs/h. Besides enhanced efficiency, it is safe as well, claims the company.

Global Pharmaceutical Robots Market: Regional Outlook

The regional markets for pharmaceutical robots covered in the report are North America, Europe, and Asia Pacific. Asia Pacific, among them, is a lucrative market that is expected expand at a significant CAGR over the forecast period. The growing number of domestic industrial robotic companies, advances in the pharmaceutical sector, and soaring investment in the robotics industry are the key factors boosting the pharmaceutical robots market in the region. In addition, growing number of conferences and exhibitions aimed to create awareness about the adoption of automated technologies is also expected to stimulate the demand for pharmaceutical robots.

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Global Pharmaceutical Robots Market: Competitive Analysis

Major companies operating in the global pharmaceutical robots market, profiled in the report are Kawasaki Heavy Industries Ltd., FANUC Corporation, KUKA AG, Mitsubishi Electric Corporation, ABB Ltd., Denso Corporation, Seiko Epson Corporation, Marchesini Group S.p.A, Universal Robots A/S, and Yaskawa Electric Corporation.

Soaring Demand for Drugs to Cause Surge in Robot Demands

San Francisco, California, February 20, 2018: A report by TMR Research, titled, “Pharmaceutical Robots Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” covers a broad-ranging representation of this market. The study covered in this report has been possible by delving deep into its constitution, thereby minutely observing every associated facet.

Pharmaceutical robots are mainly used in pharmacy and laboratory environments, as a part of extensive drug manufacturing processes. This branch of robotics is also implemented in hospitals and other healthcare centers, where their systematic control is needed while mixing hazardous drugs used in cancer treatments, and making chemicals that give off harmful radiations. During recent years, a rapid development has been noticed in application of robots in various sectors such as product manufacturing, distribution, drug manufacturing, and others. This demand had led to creation of a separate market in the pharmaceutical domain.

Regionally, the global pharmaceutical robots market is mainly spread across Europe, North America, and Asia Pacific. Among these, the Asia Pacific region has witnessed maximum growth which is further expected to continue in future, thus making it a leading segment. Rapid establishment of various companies manufacturing these robots in Asia Pacific is a prime factor for this region to raking in huge revenue-based profits. Rising investments poured by companies in this region also another reason why Asia Pacific continues to lead the market.

The global pharmaceutical robots market is expected to evolve beyond measure in the upcoming years, especially as the demand for new drugs and drug formulations soars. Due to this rise, several pharmaceutical companies all over the globe are expected to find out new ways to make better and less expensive drugs. This trend is already being observed all over the globe, and promises to substantially drive the global pharmaceutical robots drugs. Many drug fabricating processes need involvement of techniques such as automated filling, packaging, and inspection. If these processes need to be carried out on a continuous basis, along with great accuracy, pharmaceutical robots are the best option, thus proving beneficial to the market. Some of the processes could deal with radiations, contamination, and other biological dangers, where it might be a risk to employ human personnel. In such cases, incorporating the use of pharmaceutical robots is a great option, as they are unlikely to get affected by the above mentioned hazards. Reduced long-term costs, reduction of error, and high production rates, are the prime benefits of using these robots, which could provide a tailwind to the global pharmaceutical market during the upcoming years.

Talking of market potential, the global pharmaceutical robots market is seeing increasing uptake of relevant technologies for automated syringe assemblies, wrapping of drugs in containers, and related processes. This trend is likely to grow in future to make hospitals and other healthcare centers sterile. Steriline is a good example that showcases significant market potential in the form of manufacturing equipment that deals with aseptic processing of pharmaceutical products. The robotic solutions provided by this dealer are highly cost effective with a good production capacity, along with efficiency.

With respect to competition, the vendor landscape for the global pharmaceutical robots market is witnessing a rapid change. Most companies are vying for the top spot by carrying out extensive research and development based activities, thus regularly churning out newer and more efficient products. Denso Corporation, FANUC Corporation, Yaskawa Electric Corporation, Mitsubishi Electric Corporation, Kawasaki Heavy Industries Ltd., and Universal Robots A/S, are some of the prominent companies present in the global pharmaceutical robots market.

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