Trends in Asia-Pacific Pharmaceutical & Cosmetics Industrial Robots Market Outlook: Ken Research

Posted February 2, 2021 by Anita1111

Asia-Pacific pharmaceutical & cosmetics industrial robot market is expected to grow by 13.3% annually in terms of robot system revenue and reach USD 544.67 million by 2025.
Pharmaceutical and cosmetics manufacturing units require the automated machines for the easy and speedy accomplishment of tasks. With the increasing amount of work, there is a growing requirement for the pharmaceutical robots. Such machines assistance drug manufacturers in conducting research happenings pertaining to drug discovery, enhancements, and inspection.
According to the report analysis, ‘Asia-Pacific Pharmaceutical & Cosmetics Industrial Robots Market 2014-2025 by End-user, Application, Product Type and Country’ states that the Asia-Pacific pharmaceutical & cosmetics industrial robot market is predicted to increase by 13.3% annually in terms of robot system revenue and reach USD 544.67 million by 2025, representing the principal regional market around the world.
In addition, the laboratory automation is an emerging sector in the field of robotics. Robots assist transfer and packing materials such as diagnostic kits & assays. This eradicates human error and enables the scientists to aim on the experiment. Other robotic applications involve decreasing the repetitive work of capping, uncapping, and operating manual pipettes. Thus, automated machines support the research scientists by facilitating easy and speedy laboratory work.
The robotics field is observing huge technological advancements. The pharmaceutical and cosmetic industrial robot is an emerging sector in the field of industrial robots. Corporate are announcing technologically forward-thinking robotic machines, which is projected to result in incredible growth in the market. For instance, the collaborative robots (cobots) such as UR3 ROBOT by Universal Robots A/S, which help in picking & placing, accompanying lab analysis, and injection molding, are revolutionizing producing units with fresh technology. Several pharmaceutical companies are substituting traditional robotic machines with such robots, which are an amalgamation of humans and robots, owing of their ability to deliver the flexibility and efficiency.
Mechanism in the pharmaceutical industry is advancing corporate as well as society as a whole. With the introduction of robotics, there has been a massive reduction in human labor, which has further led to the minimization of construction costs. This, in turn, has supported in further decreasing the entire cost of drugs.
It is anticipated that pharmaceutical corporate held the largest share during the recent past years. This is owing to the growing application of robotics in the pharmaceutical industry with fresh drug discovery and improvement. Moreover, pharmaceutical companies and cosmetics organizations are also developing modified medicine and clinical trials, which is further helping the growth of the pharmaceutical robots market.
Additionally, the Research laboratories are predicted to showcase proficient growth over the forecast period owing to the growing convention of the robotic machines in these facilities. The Laboratory automation has transfigured the R&D segment and facilitated speedy test analysis with the amalgamation of robotic machines.
It is anticipated that the Asia Pacific dominated the market due to the existence of a large number of local pharmaceutical corporate in countries such as Japan. In addition, as per the International Federation of Robotics (IFR), China is the greatest market for industrial robots. Thus, the local existence of leading pharmaceutical corporate with vast manufacturing units in such countries is predicted to accelerate the growth of this region. Therefore, in the near years, it is anticipated that the market of pharmaceutical and cosmetic industrial robots will increase around the globe more effectively over the incoming years.

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Issued By Ken Research
Country India
Categories Technology , Telecom
Tags asiapacific pharmaceutical and cosmetics industrial robots market , asiapacific pharmaceutical and cosmetics industrial robots market forecast , asiapacific pharmaceutical and cosmetics industrial robots market revenue
Last Updated February 2, 2021