Lucintel Blog: Lucintel Forecasts Pharmaceutical Robot Market to Grow at a CAGR of 13% from 2019 to 2024

Tuesday, May 17, 2022

Lucintel Forecasts Pharmaceutical Robot Market to Grow at a CAGR of 13% from 2019 to 2024

According to the recent study the Pharmaceutical Robot Market is projected to grow at a CAGR of 13% from 2019 to 2024. Growth in this market is primarily driven by increasing automation and with reduced human intervention in pharmaceutical manufacturing and growth in healthcare industry.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in pharmaceutical robot market by robot type (traditional robots (articulated robot, SCARA (selective compliance articulated robot arm) robot, delta/parallel robot, cartesian robot, and other robot) and collaborative robots), application (picking and packaging, inspection of pharmaceutical drugs, and laboratory applications), end use (pharmaceutical and research laboratories), and region (North America, Europe, Asia-Pacific, and ROW).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/pharmaceutical-robot-market.aspx

“Traditional robot market is expected to remain the largest segment during the forecast period.”

Based on robot type, the pharmaceutical robot market is segmented into traditional robots (articulated robot, SCARA (selective compliance articulated robot arm) robot, delta/parallel robot, cartesian robot, and other robot) and collaborative robots. Lucintel forecasts that the traditional robot market is expected to remain the largest segment due to lightweight, low cost and easier maintenance as compared to traditional ones.

“Asia pacific will dominate the pharmaceutical robot market in near future.”

Asia Pacific will remain the largest region over the forecast period due to presence of a large number of local pharmaceutical companies in countries like Japan. China is the largest market for industrial robots.

Download Brochure of this report by clicking on https://www.lucintel.com/pharmaceutical-robot-market.aspx

Major players of pharmaceutical robot market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Kawasaki Heavy Industries, Fanuc, Kuka, ABB, Yaskawa Electric, Mitsubishi Electric, Denso Wave, Seiko Epson Corporation, Marchesini Group, Universal Robots A/S., and Shibuya are among the major pharmaceutical robot providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/pharmaceutical-robot-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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