Pharmaceutical robots market Outlook 2027
As demand for new drugs and medicines grows, pharmaceutical companies are continuously looking for new ways to increase productivity, leading to an increased reliance on automated equipment and robotics. These changes in ways of working are revolutionising many areas of the industry. Current systems have dramatically increased the capability and flexibility of robots and experts are now predicting that they could soon be pivotal to pharmaceutical companies in their ability to reduce costs and increase overall efficiency. The use of robots in the pharmaceutical industry has many advantages when it comes to speed. Robots can perform tasks around three or four times faster than humans can and additionally can be used 24 hours a day. Such qualities make them excellent at producing large quantities of a product in a short space of time. Robots are also able to move to a precision smaller than a sheet of paper, which far exceeds the accuracy that any human could provide. To date, robots have been successfully used by Merck on bottling lines to place dispenser caps onto bottled allergy medications. The robots are capable of operating at 120 cycles per second, with ten variants of the bottle capable of running on the system. The only requirement for the human employees is to select the correct program for the robotic system itself. A single robot can perform the functions of numerous pieces of equipment and therefore reduce the amount of space necessary to build a factory. Unlike conventional equipment, these robots can also be retooled and reworked for completely different applications.
Covid-19 Scenario analysis:
The coronavirus COVID-19 is affecting 213 countries and territories around the world. COVID-19 has created new challenges that are requiring manufacturers to innovate at speeds they never have before. Supply chain disruptions, social distancing on high-touch assembly lines, limited ability to travel, and the need for oversight add significant complexity to today’s processes. The outbreak of coronavirus disease 2019 (COVID-19) has created a global health crisis that has had a deep impact on the manufacturing market there is a shortage in supply of raw materials from Chinese manufacturers which has resulted in a severe demand-supply gap. The manufacturers are further expected to be stranded on raw material orders owing to the logistics industry being significantly impacted due to lockdown amid COVID-19. This has all affected the market adversely causing a slowdown in the Pharmaceutical robots market due to shortage of supply and manufacturing.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact analysis:
Increased efficiency in laboratory and Pharmacies:
Many of the tests performed in the lab are to do with research, discovery and development of drugs, and usually involve repetitive tasks such as moving fluids and test tubes. In this way, robots are an ideal choice for these jobs because they are easy to automate and provide a high level of accuracy and consistency. The use of robots in such a way also enables researchers to bypass menial tasks and focus their time on more worthwhile activities such as real drug development and research. To date, robots have already been made for these purposes, with SciGene having manufactured a robot that can prepare DNA samples. The laboratory technician or researcher does not require engineering skills, but can program the robot using simple instructions. The precision is so high that robots today can put 40,000 dots of DNA onto a single microscopic slide – such a feat cannot be rivalled by human hands. Robots could also be useful in assisting pharmacies and drug companies in the identification of counterfeit medications or drugs that have been produced fraudulently. With the advent of online pharmacies, there have been an overwhelming number of cases of medications that are not what they claim to be on the packaging – some containing none of the active ingredient or even ingredients that are harmful to the user. The pharmaceutical industry has therefore placed an increasing emphasis on being able to trace drugs from manufacturing all the way to the point of sale or dispensing. Robotics are extremely useful in this way because when a medication is purchased, barcode scanners are able to determine quickly whether that product was sold legitimately. If a product that was intended for New York ends up in Texas, systems can quickly flag the product and identify it as a potential counterfeit drug. The changes and benefits robots that could provide the pharmaceutical industry are seemingly endless. From creating vast savings to increasing efficiency and safety it is the robots' speed, precision, reliability and flexibility that make them such valuable tools. The increased efficiency of the robots is the reason for growth of Pharmaceutical robots market.
Growth of pharmaceutical industry:
The Pharmaceutical industry is constantly growing the productions in the pharmaceutical industry in particular are often characterized by being dynamic and agile. In-house transports are constantly taking place: semi-finished goods move from warehouse to production lines; finished goods from production lines to warehouse, and items between departments. Skilled workers spend much of their day just moving parts from A to B, and usually they must interrupt their actual work to do it. This leads to unnecessary standstill on their machines, which means a great loss of efficiency. AMRs offer enormous potential for optimizing the intralogistics. The AMRs are flexible, easy to program, and collaborative, features that fit the modern production processes particularly well. While traditional automated guided vehicles (AGVs) can only be operated using physically mounted guides like magnetic stripes or rails, AMRs provide a simple and quickly deployable alternative. With built-in sensors, cameras, and sophisticated software, AMRs can identify their surroundings and take the most efficient route to their destinations, safely avoiding obstacles and people. This allows the robots to work safely next to humans while increasing productivity. The collaborative AMRs are often very user-friendly and can be programmed without any prior programming experience. Connected via Wi-Fi, the employees can easily access the robot interface, usually from a computer or a mobile device. The intelligent navigation system and the user-friendliness of AMRs make the integration of AMRs fast and keep the costs down, ensuring a fast ROI of usually less than a year. This reason alone makes it easier for companies of all sizes, even those who previously thought a mobile automation solution was too expensive or too difficult to integrate, to decide to implement mobile robots.
The adoption of robots in pharmaceuticals has actually been lagging other industries for several reasons. Firstly, not only is there the high initial cost of purchasing and using robots, but also the industry is abound with misperceptions that robotic systems are too complicated to use and require complex programming.
Key benefits of the report:
- This study presents the analytical depiction of the global Pharmaceutical robots industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Pharmaceutical robots market share.
- The current market is quantitatively analyzed to highlight the global Pharmaceutical robots market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global Pharmaceutical robots market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Pharmaceutical robots Market research report:
- Who are the leading market players active in the Pharmaceutical robots market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Pharmaceutical robots market: Global Opportunity Analysis and Industry Forecast, 2024-2031 by Type Report Highlights
By End User
Key Market Players
Universal Robots A/S, Espon India Pvt. Ltd., Seiko Epson Corporation, Marchesini Group S.p.A, Denso Corporation, Kawasaki Heavy Industries, Ltd., Yaskawa Electric Corporation, ABB Ltd, Denso Wave Inc, FANUC America Corporation
Shibuya Corporation, Weiss GmbH, KUKA AG