Market Research Report Store Pharmaceutical Robots Market projected to reach US

"Pharmaceutical Robots Market projected to reach USD 119.5 million by 2021 from USD 64.4 million in 2016, at a CAGR of 13.2% – Global Forecast to 2021" published in June 2017. It is a professional and in-depth study. Summary Market Research Report Store announces a new report＂Pharmaceutical Robots Market＂added to its database.The traditional robots segment is expected to command the largest share of the global market, by type in 2016. The traditional robots segment is further categorized into articulated, SCARA (selective compliance articulated robot arm), delta/parallel, Cartesian, and other robots (which include spherical and dual-arm robots). The articulated robots segment accounted for the largest share of the global pharmaceutical traditional robots market in 2016. However, the cartesian robots segment is projected to register the highest CAGR from 2016 to 2021. Detailed TOC Of Report @ https://www.marketresearchreportstore.com/shop/pharmaceutical-robots-market-by-type-traditi onal-robots-articulated-robots-scara-robots-delta-robots-cartesian-robots-collaborative-robots-a pplication-picking-and-packaging-laboratory-appli Ask a sample, click here [email protected] The picking and packaging segment accounted for the largest share of the global pharmaceutical robots market, by application in 2016. Factors such as demand for personalized packaging configurations and advantages of robots in pharmaceutical manufacturing such as high speed, accuracy, ability to track and trace, error-free operation, fewer accidents, and better utilization of the floor space are contributing to the large share of the picking and packaging segment. Asia-Pacific is expected to account for the largest share of the global pharmaceutical robots market, by region in 2016. The large share and high growth of Asia-Pacific can be attributed to the increase in domestic industrial robot companies, flourishing pharmaceutical industry, increasing number of conferences and exhibitions, investment and funding in the industrial robots industry, and Japan’s Robot Strategy. The market witnesses high competitive intensity, as there are several big and small firms with similar product offerings. These companies adopt various strategies (marketing and promotional activities; expansions; agreements, alliances, collaborations, & partnerships; product launches; acquisitions; product enhancements, market developments, funding, restructuration, and rebranding) to increase their market shares and establish a strong foothold in the global pharmaceutical robots market. In-depth interviews were conducted with CEOs, Sales and Marketing Directors, other innovation and technology directors, and executives from various key organizations operating in the pharmaceutical robots market.