The Global Pharmaceutical Robots Market is anticipated to reach USD 430.0 million by 2025, according to a new report by Grand View Research, Inc. This growth can be attributed to the flourishing pharmaceutical industry.
The pharmaceutical industry is flourishing due to huge R&D investments by global players. With increasing drug discovery and clinical trials, there is growing demand for robotics. To minimize workload and maintain higher levels of accuracy, automation has become a significant part of pharmaceutical manufacturing. It increases efficiency, prevents performance of repetitive activities, and avoids human error & contamination.
Technological advancement is an important factor driving growth. The use of robots & automated machines in the field of pharmaceuticals is still in its nascent stage and expected to grow in the near future. The automation industry has incorporated a few new techniques such as collaborative robots and laboratory automation.
Pharmaceutical robotic machines also minimize manufacturing costs by reducing labor. These machines are 3 to 4 times faster than humans and have the capacity to work for 24 hours. Reduction in production cost is expected to raise return on investment in the long run, thus driving demand for these products in the future.
Full Research Report on Global Pharmaceutical Robots Market Analysis:
Japan pharmaceutical robots market, by product, 2014 - 2025 (USD Million)
Further Key Findings From the Study Suggest:
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices
Asia Pacific pharmaceutical robots market share, by end use, 2016
Grand View Research has segmented the Global Pharmaceutical Robots Market on the basis of product, application, end-use, and region:
Pharmaceutical Robots Product Outlook (Revenue, USD Million, 2014 - 2025)
Pharmaceutical Robots Application Outlook (Revenue, USD Million, 2014 - 2025)
Pharmaceutical Robots End-Use Outlook (Revenue, USD Million, 2014 - 2025)
Pharmaceutical Robots Regional Outlook (Revenue, USD Million, 2014 - 2025)
View Press Release of this research report by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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