UK Pharmaceutical Robots Market Size & Outlook, 2023-2030
UK pharmaceutical robots market, 2016-2030 (US$M)
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UK pharmaceutical robots market highlights
- The UK pharmaceutical robots market generated a revenue of USD 0.9 million in 2023 and is expected to reach USD 1.4 million by 2030.
- The UK market is expected to grow at a CAGR of 6.7% 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 0.9 million |
| Market revenue in 2030 | USD 1.4 million |
| Growth rate | 6.7% (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, UK accounted for 0.4% 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 Europe, Germany pharmaceutical robots market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3.9 million by 2030.
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Pharmaceutical Robots Market Scope
Pharmaceutical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 66.67% in 2023. Horizon Databook has segmented the UK pharmaceutical robots market based on traditional robots, collaborative robots covering the revenue growth of each sub-segment from 2016 to 2030.
Growing geriatric population and various labor restrictions imposed by Brexit are compelling operators in all sectors to adopt automation. This trend is anticipated to boost the demand for pharmaceutical robots to bridge the labor gap. In addition, the adoption of robots in pharmaceutical industry is increasing as these solutions offer precision, cleanroom-graded operating capabilities, and around the clock cycle times that humans struggle with.
Moreover, rise in the number of partnerships, investments, collaborations among various public and private companies is aiding in the market growth. For instance, in October 2020, LabGenius announced the closing of an oversubscribed GBP 11.62 million (USD 15 million) extension round, led by investor Atomico. The investment is aimed to support the company’s mission of improving the discovery process for new protein therapeutics.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK pharmaceutical robots market , including forecasts for subscribers. This country databook contains high-level insights into UK pharmaceutical robots market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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UK pharmaceutical robots market size, by type, 2016-2030 (US$M)
UK Pharmaceutical Robots Market Outlook Share, 2023 & 2030 (US$M)
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