Globe Newswire
Dublin, Jan. 27, 2021 (GLOBE NEWSWIRE) -- The "Inspection Machines Market by Product (Vision Inspection, Checkweigher, Metal Detector, Software), Type (Manual, Automatic), Packaging Type (Vials, Syringes, Blisters), End User (Pharmaceutical, Medical Device), COVID-19 Impact - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The Inspection Machines Market is Projected to Reach USD 871 Million by 2025 from USD 671 Million in 2020, at a CAGR of 5.4% Growth in this market is primarily driven by the increasing adoption of inspection systems throughout their production lines due to the growing concerns about the regulatory mandates introduced by the government and regulatory bodies in the healthcare industry to maintain compliance with Good Manufacturing Practices (GMP). Also, the increasing adoption of automated inspection systems in the pharmaceutical and biotechnology industries, growth in the number of product recalls, an increasing number of inspection checkpoints throughout the production line, and technological advancements in inspection systems support the growth of the market. However, the complexities of introducing inspection machines in a production line may hamper the market's growth to a certain extent.Highlights Based on product, the vision inspection systems segment holds the largest market share during the forecast period.Based on type, the fully-automated inspection machines segment is expected to register the highest CAGR during the forecast period.Based on packaging type, the ampoules & vials segment holds the largest market share during the forecast period.Based on end user, the pharmaceutical & biotechnology companies segment is expected to register the highest CAGR during the forecast period.North America is expected to account for the largest share of the inspection machines market in 2019. Key Topics Covered: 1 Introduction2 Research Methodology3 Executive Summary4 Premium Insights5 Market Overview5.1 Introduction5.2 Market Dynamics5.2.1 Market Drivers5.2.1.1 Growing Number of Regulatory Mandates to Maintain Compliance with Gmp in the Healthcare Industry5.2.1.2 Increasing Pharmaceutical & Biotechnology R&D Expenditure5.2.1.3 Growing Product Recalls5.2.1.4 The Increasing Number of Inspection Checkpoints Throughout the Production Line5.2.1.5 Growth in the Medical Devices Industry5.2.2 Market Restraints5.2.2.1 Growing Demand for Refurbished Equipment due to the High Cost of Inspection Machines5.2.2.2 Lack of Access in Emerging Markets5.2.3 Market Opportunities5.2.3.1 Technological Advancements5.2.3.2 Outsourcing of Operations and the Growing Number of Manufacturing Facilities in Emerging Economies5.2.4 Market Challenges5.2.4.1 Complexities in Integrating Inspection Machines6 Industry Insights6.1 Introduction6.2 Industry Trends6.2.1 Growing Demand for Combination Inspection Machine Systems6.2.2 Gradual Shift to Smart Cameras6.3 Strategic Benchmarking6.4 Porter's Five Forces Analysis6.5 Regulatory Guidelines, by Industry6.5.1 Pharmaceutical & Biotechnology6.5.2 Food Packaging & Processing6.5.3 Medical Devices6.6 Regulatory Analysis6.7 End-User Demand Analysis6.7.1 Demand Analysis for Inspection Machines6.7.2 Unmet Needs6.7.3 Challenges Associated with Manual Inspection/Non-Inspection of Products: End-User Perspective6.8 Value Chain Analysis6.9 Technology Analysis6.10 Revenue Share Analysis of Top Players6.11 COVID-19 Impact on the Inspection Machines Market7 Inspection Machines Market, by Product7.1 Introduction7.2 Vision Inspection Systems7.2.1 The Vision Inspection Systems Segment Will Dominate the Market During the Forecast Period7.3 X-Ray Inspection Systems7.3.1 Rising Demand for the Inspection of Faulty Packaging is Supporting the Growth of this Segment7.4 Leak Detection Systems7.4.1 The Increasing Adoption of Leak Detection Systems in the Pharmaceutical Industry Drives Market Growth7.5 Metal Detectors7.5.1 The Increasing Use of Metal Detectors in the Food Industry is Driving the Market Growth7.6 Checkweighers7.6.1 Checkweighers are Mainly Used to Avoid Product Over-Fills7.7 Software7.7.1 Rising Need to Improve the Inspection Process is Boosting the Adoption of Software7.8 Combination Systems7.8.1 Technological Advancements Towards the Integration of Systems Drives Market Growth7.9 Other Inspection Systems8 Inspection Machines Market, by Type8.1 Introduction8.2 Fully-Automated Inspection Machines8.2.1 Fully-Automated Systems Will Continue to Dominate the Market During the Forecast Period8.3 Semi-Automated Inspection Machines8.3.1 Semi-Automated Systems are Majorly Adopted by the Pharmaceutical Industry for Quality Control8.4 Manual Inspection Machines8.4.1 Re-Inspection of Rejects is One of the Major Applications That Uses Manual Inspection Machines9 Inspection Machines Market, by Packaging Type9.1 Introduction9.2 Ampoules & Vials9.2.1 Increasing Demand for Vaccines and Biopharmaceuticals is Expected to Drive the Growth of this Segment9.3 Syringes9.3.1 The Rising Adoption of Pre-Filled Syringes is a Key Factor Driving Market Growth9.4 Bottles9.4.1 Vision Inspection Systems are Widely Adopted for the Inspection of Bottles9.5 Blister Packaging9.5.1 Ease of Manufacturing to Drive the Growth of the Blister Packaging Segment9.6 Other Packaging Types10 Inspection Machines Market, by End-user10.1 Introduction10.2 Pharmaceutical & Biotechnology Companies10.2.1 this Segment is Expected to Dominate the Global Market During the Forecast Period10.3 Medical Device Manufacturers10.3.1 Increasing Stringency of Regulatory Mandates is a Major Factor Driving the Uptake of Inspection Machines10.4 Food Packaging & Processing Companies10.4.1 Increasing Demand for Processed Food and Safety Concerns Drive Market Growth10.5 Other End-users11 Inspection Machines Market, by Region12 Competitive Landscape12.1 Overview12.2 Geographical Assessment of Major Players in the Inspection Machines Market12.3 Market Share Analysis12.4 Competitive Leadership Mapping12.5 Competitive Leadership Mapping for Start-Ups12.6 Competitive Situation and Trends13 Company Profiles Robert Bosch GmbHKorber AgCognex CorporationMettler-Toledo International Inc.Thermo Fisher Scientific Inc.Optel GroupAcg GroupAntares Vision S.P.A.Brevetti Cea SpaTeledyne Technologies IncorporatedOmron CorporationMitsubishi Chemical Holdings CorporationShanghai Tofflon Science and Technology Co. Ltd.Systech International Other Companies Loma SystemsLaetus GmbHVitronicWipotec-Ocs GmbHSea Vision S.R.L. For more information about this report visit https://www.researchandmarkets.com/r/kwrji3 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900