Argentina Pharmaceutical Collaborative Robots Market Size & Outlook
Argentina pharmaceutical collaborative robots market, 2018-2030 (US$M)
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Argentina pharmaceutical collaborative robots market highlights
- The Argentina pharmaceutical collaborative robots market generated a revenue of USD 0.3 million in 2023 and is expected to reach USD 0.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, picking and packaging was the largest revenue generating application in 2023.
- Picking and Packaging is the most lucrative application segment registering the fastest growth during the forecast period.
Pharmaceutical collaborative robots market data book summary
| Market revenue in 2023 | USD 0.3 million |
| Market revenue in 2030 | USD 0.7 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Picking and packaging |
| Fastest growing segment | Picking and Packaging |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Picking and Packaging, Inspection of Pharmaceutical Drugs, Laboratory Applications |
| Key market players worldwide | ABB Ltd, Teradyne Inc, Mitsubishi Electric Corp, Kawasaki Heavy Industries Ltd, YASKAWA Electric Corp, Fanuc Corp, OMRON Corp, Seiko Epson Corp, Denso Corp, KUKA Robotics |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.4% of the global pharmaceutical collaborative robots market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil pharmaceutical collaborative robots market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 0.7 million by 2030.
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Pharmaceutical Collaborative Robots Market Scope
Pharmaceutical Collaborative Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina pharmaceutical collaborative robots market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmaceutical collaborative robots market will help companies and investors design strategic landscapes.
Picking and packaging was the largest segment with a revenue share of 66.67% in 2023. Horizon Databook has segmented the Argentina pharmaceutical collaborative robots market based on picking and packaging, inspection of pharmaceutical drugs, laboratory applications covering the revenue growth of each sub-segment from 2018 to 2030.
Robots are being deployed in various pharmaceutical manufacturing operations, including packaging, labeling, quality control, and assembly, driven by the need for increased productivity, maintaining high-quality standards, and the growing demand for pharmaceutical products.
One of the major benefits of robots in the pharmaceutical sector is their ability to perform tasks safely and efficiently while working alongside human operators. This collaborative approach helps complete tasks with greater accuracy and speed while minimizing the risk of contamination & errors.
Furthermore, robots offer production line flexibility, allowing quick reconfiguration to accommodate different product specifications and production demands. With advancements in automation technology and the increasing focus on Industry 4.0 principles, the adoption of robots is expected to continue to rise in the country’s pharmaceutical sector, leading to increased competitiveness and innovation.
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Our clientele includes a mix of pharmaceutical collaborative robots market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina pharmaceutical collaborative robots market , including forecasts for subscribers. This country databook contains high-level insights into Argentina pharmaceutical collaborative robots market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina pharmaceutical collaborative robots market size, by application, 2018-2030 (US$M)
Argentina Pharmaceutical Collaborative Robots Market Outlook Share, 2023 & 2030 (US$M)
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