Brazil Pharmaceutical Robots Market Size & Outlook
Brazil pharmaceutical robots market, 2018-2030 (US$M)
Related Markets
Brazil pharmaceutical robots market highlights
- The Brazil pharmaceutical robots market generated a revenue of USD 3.2 million in 2023 and is expected to reach USD 6.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, traditional robots was the largest revenue generating type in 2023.
- Collaborative Robots is the most lucrative type segment registering the fastest growth during the forecast period.
Pharmaceutical robots market data book summary
| Market revenue in 2023 | USD 3.2 million |
| Market revenue in 2030 | USD 6.4 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Traditional robots |
| Fastest growing segment | Collaborative Robots |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Traditional Robots, Collaborative Robots |
| Key market players worldwide | ABB Ltd, Teradyne Inc, Kawasaki Heavy Industries Ltd, YASKAWA Electric Corp, Fanuc Corp, Marchesini Group, Seiko Epson Corp, Denso Corp, Mitsubishi Electric Corp, KUKA Robotics |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.6% of the global pharmaceutical 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 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 1.7 million by 2030.
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Pharmaceutical Robots Market Scope
Pharmaceutical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil pharmaceutical 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 robots market will help companies and investors design strategic landscapes.
Traditional robots was the largest segment with a revenue share of 65.63% in 2024. Horizon Databook has segmented the Brazil pharmaceutical robots market based on traditional robots, collaborative robots covering the revenue growth of each sub-segment from 2018 to 2030.
Various benefits offered by robots in pharmaceutical manufacturing, such as accuracy, high speed, ability to track & trace, fewer accidents, error-free operation, & better utilization of floor space, and rise in the demand for personalized packaging configurations are among factors contributing to the growing adoption of pharmaceutical robots in the country.
In addition, growing demand for pharmacy robots owing to the benefits offered by them in reducing risk of environmental contamination and contamination due to human intervention during component transfer is driving the market growth in the country.
In addition, ongoing COVID-19 pandemic has led to rise in the demand for automation, which has increased the overall production due to accuracy & efficiency of robots that perform at increased speed while eliminating human errors, maintaining quality, and producing less scrap. This is positively contributing to the market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil pharmaceutical robots market , including forecasts for subscribers. This country databook contains high-level insights into Brazil pharmaceutical robots market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil pharmaceutical robots market size, by type, 2016-2030 (US$M)
Brazil Pharmaceutical Robots Market Outlook Share, 2024 & 2030 (US$M)
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