UK Markets close in 3 hrs 13 mins
  • FTSE 100

    7,430.11
    -124.20 (-1.64%)
     
  • FTSE 250

    21,591.12
    -263.45 (-1.21%)
     
  • AIM

    1,077.92
    -8.72 (-0.80%)
     
  • GBP/EUR

    1.2021
    +0.0019 (+0.16%)
     
  • GBP/USD

    1.3389
    +0.0008 (+0.0576%)
     
  • BTC-GBP

    27,139.87
    -456.62 (-1.65%)
     
  • CMC Crypto 200

    823.83
    +4.32 (+0.53%)
     
  • S&P 500

    4,326.51
    -23.42 (-0.54%)
     
  • DOW

    34,160.78
    -7.31 (-0.02%)
     
  • CRUDE OIL

    87.75
    +1.14 (+1.32%)
     
  • GOLD FUTURES

    1,786.50
    -8.50 (-0.47%)
     
  • NIKKEI 225

    26,717.34
    +547.04 (+2.09%)
     
  • HANG SENG

    23,550.08
    -256.92 (-1.08%)
     
  • DAX

    15,163.00
    -361.27 (-2.33%)
     
  • CAC 40

    6,866.13
    -157.67 (-2.24%)
     

Inspection Machine Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product ; Type ; Packaging ; End User, and Geography

·3-min read

The inspection machine market is expected to reach US$ 1,172. 99 million by 2028 from US$ 821. 66 million in 2021; it is estimated to grow at a CAGR of 5. 3% from 2021 to 2028. Inspection machines provide the designers and engineers for processing of equipment, tools to assist in tasks such as sorting of syringes, blister packs, catheters, pills and high-speed inspection.

New York, Jan. 07, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Inspection Machine Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product ; Type ; Packaging ; End User, and Geography" - https://www.reportlinker.com/p06195607/?utm_source=GNW
These machines comprise systems such as metal detectors, oxygen and pressure/moisture inspection systems, and leak detection systems.
Manufacturers, along with local governments, are increasingly seeking new approaches to address the challenge of a continuously surging drug and vaccine demands.To fill the demand–supply gap, many biopharmaceutical companies, research institutes, contract research organizations (CROs), and contract development and manufacturing company (CDMOs) are automating their laboratory processes for attaining high precision and low turnaround time.

Automated inspection machines can help enterprises enhance overall product quality while lowering manufacturing costs, thus providing them an edge over their competitors.Many organizations are employing automated inspection systems in their facilities as machine vision inspection cameras and laser gauging sensors have become more cost-effective.

By practically eliminating human errors, an automated inspection equipment increases product quality.Companies that use automated inspection systems usually showcase them during customer visits to indicate their processes are technologically updated.

Automated inspection systems require one-time investments, and these high-speed machines can be used 24 ×7 with little to no extra expense. Companies can monitor the inspection information and instantaneously correct the corresponding processes causing discards, significantly lowering scrap and enhancing line efficiency. Automated inspection also helps companies cut the costs of containment and re-inspection that typically results from audit-only inspections, machine, or operator errors.
Furthermore, the increasing product recalls in pharmaceuticals and medical device manufacturing industries, growth in number of inspection spot checks across the production line, and demand for high precision in inspection to manufacture products with zero error are propelling the growth of the inspection machine market.
The inspection machine market, by product, is segmented into vision inspection systems, x-ray inspection systems checkweighers, metal detectors, software, and others. The vision inspection systems segment held the largest share of the market in 2021, and also anticipated to register the highest CAGR of 5.9% in the market during the forecast period.
The inspection machine market, by type, is bifurcated into automatic and manual. The automatic segment held a larger share of the market in 2021, and also anticipated to register a higher CAGR of 5.4% in the market during the forecast period.
The inspection machine market, by packaging, is segmented into ampoules, vials, blisters, and bottles. The ampoules segment held the largest share of the market in 2021, and anticipated to register the highest CAGR of 6.0% in the market during the forecast period.
The inspection machine market, by end-user, is segmented into pharmaceutical & biotechnology companies, medical device manufacturers, and food processing & packaging companies. The pharmaceutical & biotechnology companies segment held the largest share of the market in 2021, and the same segment is anticipated to register the highest CAGR of 5.4% of the market during the forecast period.

National Heart, Lung, and Blood Institute (NHLBI); National Institutes of Health (NIH); National Healthcare Service (NHS); Centers for Disease Control and Prevention (CDC); National Chronic Kidney Disease; National Center for Biotechnology Information; National Institute of Diabetes and Digestive and Kidney Diseases; United Nations (UN) Global Population Prospects; National Statistics Institute; and World Health Organization (WHO) are among the major secondary sources referred to while preparing the report on the inspection machine market.
Read the full report: https://www.reportlinker.com/p06195607/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting