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Pharmaceutical Robots Market: Global Forecast until 2021

  • April 2017
  • 143 pages
  • ID: 4917163
In this report:
Asia-Pacific accounted for the largest share of ##.##% of the global pharmaceutical robotic systems market in 2016 Asia-Pacific is also expected to grow at the highest CAGR of ##.##% from 2016 to 2021 This large share and high growth can be attributed to the New Robot Strategy adopted by Japan, growth in the Asian pharmaceutical industry, government investments in robotic R&D in South Korea, and the increasing number of conferences and exhibitions in Asia- Pacific

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The pharmaceutical robots market is estimated to grow $119.50M by 2021 from $64.40M in 2016, at a compound annual growth rate (CAGR) of 13.20 percent.

The traditional robots segment is anticipated to command the most important share of the overall market, by category in 2016. The traditional robots segment is further categorized into articulated, SCARA, delta/parallel, Cartesian, and other robots (which include spherical and dual-arm robots). The articulated robots segment recorded for the biggest share of the overall pharmaceutical traditional robots market in 2016. Nevertheless, the cartesian robots segment is expected to register the highest compound annual growth rate (CAGR) from 2016 to 2021. The cost of a cartesian robot is comparatively less as compared to the other types of traditional pharmaceutical robots available in the market. On top of, these robots are easier to program and use less floor space. Such advantages are contributing to their high rise.

The picking and packaging segment recorded for the most important share of the overall pharmaceutical robots market, by application in 2016. Elements such as demand for personalized packaging configurations and advantages of robots in pharmaceutical manufacturing including high speed, accuracy, ability to track and trace, error-free operation, fewer accidents, and better utilization of the floor space are contributing to the important share of the picking and packaging segment.

Asia Pacific (APAC) is forecasted to account for the biggest share of the overall pharmaceutical robots market, by area in 2016. The big share and high increase of Asia-Pacific can be accredited to the growth in domestic industrial robot firms, flourishing pharmaceutical market, growing number of conferences and exhibitions, investment and funding in the industrial robots sector, and Japan's Robot Strategy.

The market witnesses high competitive intensity, as there are different big and small companies with similar product offerings. These firms embrace different strategies (marketing and promotional activities; business developments; strategic agreements, agreements, collaborations, & alliances; launches of new product; acquisitions; products consolidations, market developments, funding, restructuration, and rebranding) to rise their market shares and establish a strong foothold in the overall pharmaceutical robots market.

Comprehensive interviews were managed with CEOs, Sales and Marketing Directors, other innovation and technology directors, and executives from numerous main institutions operating in the pharmaceutical robots market.

- By Company Type: Tier 1: 31.0 percent, Tier 2: 41.0 percent, Tier 3: 28.0 percent

- By Designation: Director-level: 34.0 percent, C-level: 45.0 percent, Others: 21.0 percent

- By area: North america (NA): 35.0 percent, Europe: 24.0 percent, APAC: 31.0 percent, RoW: 10.0 percent

The market research includes the study of main actors of the market including Kawasaki Heavy Industries Ltd., FANUC Corporation, KUKA (ETR:KU2), Mitsubishi Electric (TSE:6503), ABB Ltd. (NYSE:ABB), Denso Corp (TYO:6902), Seiko Epson Corporation, Marchesini Group S.p.A, Universal Robots A/S, Yaskawa Electric Corporation, and Shibuya Corporation.

Why Purchasing This Study Can Help You:

The industry report will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn benefits organizations to collect a larger market share. Companies obtaining the study could use any one or an aggregation of the below-mentioned five strategies to enhance their market shares.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the products and services provided by key players in the pharmaceutical robots market. The market research examines the pharmaceutical robots market by category and application.

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis and growth activities, and launches of new product in the pharmaceutical robots market

• Market Development: Highlighted information about profitable emerging sectors.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the pharmaceutical robots market

• opposing assessment: Detailed assessment of market shares, strategies, products, and distribution networks of the leading actors in the pharmaceutical robots market

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