Brazil Pharmaceutical Robots Market Size & Outlook
Brazil pharmaceutical robots market, 2016-2030 (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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Pharmaceutical Robots Market Scope
Pharmaceutical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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 2023. Horizon Databook has segmented the Brazil pharmaceutical robots market based on traditional robots, collaborative robots covering the revenue growth of each sub-segment from 2016 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.
Reasons to subscribe to Brazil pharmaceutical robots market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Brazil pharmaceutical robots market databook
-
Our clientele includes a mix of pharmaceutical robots market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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 2016 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil pharmaceutical robots market size, by type, 2016-2030 (US$M)
Brazil Pharmaceutical Robots Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
