The Global Inspection Machines Market size is set to grow by USD 871 million by 2025 according to MarketsandMarkets. The growth of this market is majorly driven as companies are now increasingly adopting inspection systems throughout their production lines due to the growing concerns to the regulatory mandates introduced by the government and regulatory bodies in the healthcare industry to maintain compliance with Good Manufacturing Practices (GMP).
Technological advancements in lab freezers also drive the growth of this market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The global Inspection Machines market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
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Inspection Machines Market Segmentation
Global Inspection Machines Market, by Application
- Ampoules & Vials
- Syringes
- Blister Packaging
- Bottles
- Other Packaging Types
Geography
- North America
- Europe
- Asia
- ROW
Global Inspection Machines Market Vendor Analysis
To help businesses improve their market position, MnM report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Some of the major vendors of the global Inspection Machines market in the health care industry include:
Robert Bosch GmbH (Germany), Körber AG (Germany), METTLER-TOLEDO International Inc. (US), ACG Group (India), Cognex Corporation (US), OMRON Corporation (Japan), Teledyne Technologies Incorporated (US), Brevetti CEA SpA (Italy)
Regional Analysis
The Asia Pacific inspection machines market is expected to grow at the highest CAGR from 2020 to 2025. Factors such as the increasing number of regulatory mandates in the healthcare industry to maintain compliance with good manufacturing practices (GMP); the growing number of pharmaceutical & biotechnology manufacturers; significant economic development in emerging markets such as China and India; tremendous growth in the pharmaceutical, food processing & packaging, and medical device industries; and favorable government initiatives to promote the inspection of products in the pharmaceutical & biopharmaceutical industries are expected to drive the growth of this market during the forecast period.
Global Inspection Machines Market Key Highlights
- CAGR of the market during the forecast period
- Detailed information on factors that will assist global Inspection Machines market growth during the next five years
- Estimation of the global Inspection Machines market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the global Inspection Machines market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of global Inspection Machines market vendors
Key Developments in Global Inspection Machines Market
- Antares partnered with IMA; a company engaged in the design & production of machines for process automation and packaging of pharmaceutical & cosmetic products.
- METTLER-TOLEDO International Inc. launched their Tablet-Pro metal detection systems.
- Cognex Corporation launched the DSMax32T laser displacement 3D system.
- ACG Inspection opened a new Centre of Excellence in Switzerland.
Each of these players has been profiled in the global Inspection Machines market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
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