Global inspection machines market is expected to reach USD 397.1 million by 2024, at a CAGR of 6.0% in the forecast period 2017 to 2024. This new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Inspection Machines Market, By Product (Vision Inspection Systems, Leak Detection Systems, Checkweighers, X-Ray Inspection Systems, Software), Type (Fully Automated Machines, Semi-Automated Machines, Manual Machines), Packaging (Ampoules and Vials, Blisters, Syringes, Bottles), End Users (Medical Device Manufacturers, Pharmaceutical & Biotechnology Companies, Others), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
As, quality control and assurance are considered here the most important processes in terms of safety, health, and reliability of medical devices and products such as in order to check the batch codes, packaging, arranging of syringes, and many more therefore inspection machines are required mostly. It includes systems such as metal detectors, leak detection systems and oxygen and pressure/moisture inspection systems.
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Major Market Drivers and Restraints:
- Increase product recalls and various diseases
- Growing number of regulatory procedure
- Rise in number of inspections and its systems
On the basis of product, inspection machines market is segmented into vision inspection systems, leak detection systems, check weighers, x-ray inspection systems and software. Due to the high adoption rate of camera-based vision inspection machines, vision inspection systems accounted the largest market share in 2016.
On the basis of type, inspection machines market is segmented into fully automated machines, semi-automated machines and manual machines. Fully automated inspection machines segment accounted the largest market share in 2016 due to its use in pharmaceutical and biotechnology companies and its acuurate and fast nature of error detection.
On the basis of packaging, inspection machines market is segmented into ampoules and vials, blisters, syringes and bottles. Ampoules and vials packaging segment accounted the largest market share in 2016 due to its wide use in pharmaceutical and biotechnology companies.
On the basis of end users inspection machines market is segmented into medical device manufacturers, pharmaceutical & biotechnology companies and others.
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Based on geography, the market is segmented into five geographical regions:
- North America
- South America
- Middle East and Africa(MEA)
Inspection machines market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Some of the major players operating in inspection machines market are
- Robert Bosch GmbH
- Omron Healthcare Inc
- Cognex Corporation
- Mettler-Toledo International Inc
- Iris Inspection Machines
- Mitsubishi Chemical Holdings Corporation
- Korber AG
- Teledyne Technologies Incorporated
- Tofflon Science and Technology Co. Ltd
- Thermo Fisher Scientific Inc
- Sartorius AG
- Körber Medipak Systems AG
- Brevetti C.E.A. SPA
- Proditec Automatic Inspection Machines
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models.
Also market share analysis and key trend analysis are the major success factors in the market report.
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