Market Overview:
The global pharmaceutical robots and surgery robots market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, technological advancements in surgical robotics, and rising prevalence of chronic diseases. By type, the global pharmaceutical robots and surgery robots market is segmented into fully automatic and semi-automatic segments. The fully automatic segment is expected to account for a larger share of the global market than the semi-automatic segment during the forecast period. By application, the global pharmaceutical robots and surgery robots market is divided into pharmacy, hospital outpatient department (OPD), operating room (OR), clinic, and other applications segments.
Product Definition:
Pharmaceutical Robots are used to automate the process of manufacturing pharmaceuticals. They can be used to measure and dispense ingredients, mix and blend materials, and package the finished product.
Surgery Robots are used in surgery to help doctors perform procedures with greater precision and accuracy. They can be used for tasks such as cutting or suturing tissue, removing tumors, or repairing organs.
Fully Automatic:
Fully automatic systems are those that perform tasks without the need for any further user interaction. The fully automatic systems market is expected to grow at a lucrative rate during the forecast period owing to factors such as increasing demand for efficiency, technological advancements and cost-effectiveness of fully automated devices.
The usage of robots in surgery has increased over recent years due to their ability to reduce human intervention and assist surgeons by performing complex surgical procedures with greater accuracy and precision.
Semi-automatic:
Semi-automatic is a type of machine vision system that requires the operator to select certain parameters such as detection sensitivity, focus position, and lens shift. The selected parameter values are then transferred to the control unit which performs the desired task automatically.
The major advantage of using semi-automatic systems is that they provide flexibility in performing tasks which are difficult or tedious for humans.
Application Insights:
Based on application, the global pharmaceutical robots and surgery robots market is segmented into hospital outpatient, pharmacy, operating room, clinics/others. The pharmacy segment held the largest share in 2017 due to increasing demand for automated medication systems. In addition, an increase in drug discovery and development activities has led to a rise in demand for robotics-assisted surgeries.
The operating room segment is expected to witness significant growth over the forecast period owing to an increase in surgical procedures that require complex robotic systems such as Da Vinci Surgical System (Intuitive Surgical), IntraSpine (Daiichi Pharmaceutical Co., Ltd.), or MELAFIND (Movidius Imaging GmbH). These devices are used during minimally invasive surgeries that require precise movements of surgical tools along with excellent motor control by surgeons. Such factors are anticipated to drive product adoption across hospitals globally.
Regional Analysis:
Asia Pacific pharmaceutical robots and surgery robots market is anticipated to grow at a lucrative rate over the forecast period. The growth can be attributed to increasing investments in healthcare infrastructure, rising adoption of automation, and growing demand for advanced medical devices. In addition, favorable government initiatives such as “Make in India†initiative by the Indian government are expected to create ample opportunities for industry players operating in this region.
The Asia Pacific is also home to several emerging economies with developing healthcare infrastructure such as China and India. These countries have been witnessing an increase in per capita income along with steady economic growth over the past few years which has resulted into increased purchasing power of patients & their families thereby driving demand for various medical products & services including pharmaceuticals and surgeries robot kits/ systems across this region during the forecast period from 2018 To 2030 (see Figure 1).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.8% from 2016 to 2021. This is primarily due to the increasing number of aging population, rising prevalence of chronic diseases, and technological advancements in surgical procedures.
- Growing demand for robots in pharmaceutical industry: The global market for robots in the pharmaceutical industry is expected to grow at a CAGR of 9% from 2016 to 2021. This growth can be attributed to the increasing demand for automation in the pharmaceutical sector and growing focus on quality control and safety measures by drug manufacturers.
- Rising adoption of robots in surgery: The global market for surgical robotics is expected to grow at a CAGR of 16% from 2016-2021 owing to factors such as technological advancements, growing preference for minimally invasive surgeries, and rising healthcare expenditure worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Pharmaceutical Robots and Surgery Robots Market Research Report
By Type
Fully Automatic, Semi-automatic
By Application
Pharmacy, Hospital Outpatient, Operating Room, Clinic, Other
By Companies
Medtronic, Intuitive Surgical, Avra Surgical Robotics, Titan Medical, NovaTract Surgical, Medrobotics, TransEnterix, Stryker Corporation, Mazor Robotics, Hocoma AG(DIH International), Johnson & Johnson, Accuray Incorporated, Ekso Bionics Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Pharmaceutical Robots and Surgery Robots Market Report Segments:
The global Pharmaceutical Robots and Surgery Robots market is segmented on the basis of:
Types
Fully Automatic, Semi-automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmacy, Hospital Outpatient, Operating Room, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Intuitive Surgical
- Avra Surgical Robotics
- Titan Medical
- NovaTract Surgical
- Medrobotics
- TransEnterix
- Stryker Corporation
- Mazor Robotics
- Hocoma AG(DIH International)
- Johnson & Johnson
- Accuray Incorporated
- Ekso Bionics Holdings
Highlights of The Pharmaceutical Robots and Surgery Robots Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fully Automatic
- Semi-automatic
- By Application:
- Pharmacy
- Hospital Outpatient
- Operating Room
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pharmaceutical Robots and Surgery Robots Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pharmaceutical robots are machines that help doctors and nurses administer medications and surgery. They are also used to collect data about the patient's health during the procedure. Surgery robots help surgeons operate more efficiently by performing tasks such as cutting, sewing, and removing tissue.
Some of the major companies in the pharmaceutical robots and surgery robots market are Medtronic, Intuitive Surgical, Avra Surgical Robotics, Titan Medical, NovaTract Surgical, Medrobotics, TransEnterix, Stryker Corporation, Mazor Robotics, Hocoma AG(DIH International), Johnson & Johnson, Accuray Incorporated, Ekso Bionics Holdings.
The pharmaceutical robots and surgery robots market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pharmaceutical Robots and Surgery Robots Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pharmaceutical Robots and Surgery Robots Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pharmaceutical Robots and Surgery Robots Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pharmaceutical Robots and Surgery Robots Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pharmaceutical Robots and Surgery Robots Market Size & Forecast, 2018-2028
4.5.1 Pharmaceutical Robots and Surgery Robots Market Size and Y-o-Y Growth
4.5.2 Pharmaceutical Robots and Surgery Robots Market Absolute $ Opportunity
Chapter 5 Global Pharmaceutical Robots and Surgery Robots Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pharmaceutical Robots and Surgery Robots Market Size Forecast by Type
5.2.1 Fully Automatic
5.2.2 Semi-automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pharmaceutical Robots and Surgery Robots Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pharmaceutical Robots and Surgery Robots Market Size Forecast by Applications
6.2.1 Pharmacy
6.2.2 Hospital Outpatient
6.2.3 Operating Room
6.2.4 Clinic
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pharmaceutical Robots and Surgery Robots Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pharmaceutical Robots and Surgery Robots Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pharmaceutical Robots and Surgery Robots Analysis and Forecast
9.1 Introduction
9.2 North America Pharmaceutical Robots and Surgery Robots Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pharmaceutical Robots and Surgery Robots Market Size Forecast by Type
9.6.1 Fully Automatic
9.6.2 Semi-automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pharmaceutical Robots and Surgery Robots Market Size Forecast by Applications
9.10.1 Pharmacy
9.10.2 Hospital Outpatient
9.10.3 Operating Room
9.10.4 Clinic
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pharmaceutical Robots and Surgery Robots Analysis and Forecast
10.1 Introduction
10.2 Europe Pharmaceutical Robots and Surgery Robots Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pharmaceutical Robots and Surgery Robots Market Size Forecast by Type
10.6.1 Fully Automatic
10.6.2 Semi-automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pharmaceutical Robots and Surgery Robots Market Size Forecast by Applications
10.10.1 Pharmacy
10.10.2 Hospital Outpatient
10.10.3 Operating Room
10.10.4 Clinic
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pharmaceutical Robots and Surgery Robots Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pharmaceutical Robots and Surgery Robots Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pharmaceutical Robots and Surgery Robots Market Size Forecast by Type
11.6.1 Fully Automatic
11.6.2 Semi-automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pharmaceutical Robots and Surgery Robots Market Size Forecast by Applications
11.10.1 Pharmacy
11.10.2 Hospital Outpatient
11.10.3 Operating Room
11.10.4 Clinic
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pharmaceutical Robots and Surgery Robots Analysis and Forecast
12.1 Introduction
12.2 Latin America Pharmaceutical Robots and Surgery Robots Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pharmaceutical Robots and Surgery Robots Market Size Forecast by Type
12.6.1 Fully Automatic
12.6.2 Semi-automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pharmaceutical Robots and Surgery Robots Market Size Forecast by Applications
12.10.1 Pharmacy
12.10.2 Hospital Outpatient
12.10.3 Operating Room
12.10.4 Clinic
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pharmaceutical Robots and Surgery Robots Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pharmaceutical Robots and Surgery Robots Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pharmaceutical Robots and Surgery Robots Market Size Forecast by Type
13.6.1 Fully Automatic
13.6.2 Semi-automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pharmaceutical Robots and Surgery Robots Market Size Forecast by Applications
13.10.1 Pharmacy
13.10.2 Hospital Outpatient
13.10.3 Operating Room
13.10.4 Clinic
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pharmaceutical Robots and Surgery Robots Market: Competitive Dashboard
14.2 Global Pharmaceutical Robots and Surgery Robots Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Intuitive Surgical
14.3.3 Avra Surgical Robotics
14.3.4 Titan Medical
14.3.5 NovaTract Surgical
14.3.6 Medrobotics
14.3.7 TransEnterix
14.3.8 Stryker Corporation
14.3.9 Mazor Robotics
14.3.10 Hocoma AG(DIH International)
14.3.11 Johnson & Johnson
14.3.12 Accuray Incorporated
14.3.13 Ekso Bionics Holdings
