Mentions of robotics increased by a CAGR of 22% in the pharmaceutical industry since 2020
Credit: Bert van Dijk/Getty images.
The global pharmaceutical industry experienced a 22% rise in compound annual growth rate (CAGR) in company filings mentions of robotics since 2020. Key companies in terms of mentions include Apollo Hospitals, Johnson & Johnson, and Aster DM Healthcare, according to GlobalData’s analysis of over 260 pharmaceutical company filings.
Notably, since 2020, robotics was the most referenced theme in terms of mentions, ahead of artificial intelligence, future of work and big data, according to GlobalData's Company Filings database. Mentions related to robotics increased by 1% year-on-year in 2021 and decreased by 16% year-on-year in 2022.
Top five companies by mentions of robotics in the global pharmaceutical industry since 2020
Of the 50 leading companies in the pharmaceutical industry, Fleury had the highest year-on-year increase in references to robotics in 2022. GlobalData identified 4 robotics related sentences in the company's filings in 2022, 3% of all sentences. Meanwhile, Merck had the highest year-on-year increase in references for robotics in 2021. GlobalData identified 9 robotics related sentences in the company's filings in 2021, 7% of all sentences.
Company filings sentiment related to robotics in the global pharmaceutical industry since 2020
GlobalData’s Company Filings Analytics also applies a sentiment weight to reference sentences, based on how positive the sentiment has turned.
Sentiment score is based on the level of positivity on a scale of 0 to 1. The average sentiment score for robotics in 2022 was 0.86, which was more positive compared to the average industry sentiment of 0.44.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
Global Data’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.