Japan Pharmaceutical Robots Market Size & Outlook
Japan pharmaceutical robots market, 2016-2030 (US$M)
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Japan pharmaceutical robots market highlights
- The Japan pharmaceutical robots market generated a revenue of USD 24.4 million in 2023 and is expected to reach USD 40.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.6% 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 24.4 million |
| Market revenue in 2030 | USD 40.9 million |
| Growth rate | 7.6% (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, Japan accounted for 12.2% 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 Asia Pacific, China pharmaceutical robots market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5.4 million by 2030.
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Pharmaceutical Robots Market Scope
Pharmaceutical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 63.93% in 2023. Horizon Databook has segmented the Japan pharmaceutical robots market based on traditional robots, collaborative robots covering the revenue growth of each sub-segment from 2016 to 2030.
Ongoing COVID-19 pandemic is creating strong demand for pick and place robots in various sectors including pharmaceutical, food & beverage, and logistics, ensuring high hygiene standards & emphasizing on potential of automation by enabling supply chains to continue functioning while protecting employee welfare.
According to an article published by Robotics & Automation in October 2020, Japan accounted for 49,900 units of industrial robot installations. This in turn is positively impacting the market growth. According to Ministry of Health, Labour and Welfare (MHLW)’s Annual Pharmaceutical Production Statistics, in Japan, the demand for drugs is increasing due to the growing geriatric population.
As a result, the workload of pharmaceutical companies is anticipated to increase, which is expected to boost the demand for pharmaceutical robots. Moreover, the Japanese government is taking measures to reduce the drug lag.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan pharmaceutical robots market , including forecasts for subscribers. This country databook contains high-level insights into Japan pharmaceutical robots market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Japan pharmaceutical robots market size, by type, 2016-2030 (US$M)
Japan Pharmaceutical Robots Market Outlook Share, 2023 & 2030 (US$M)
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