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Inspection Machines Market by Type (Full Automated, Semi-automated, Manual), Product (Leak Detectors, Vision Machine), Packaging (Ampoules, Blisters, Syringes, Vials), End user (Pharmaceutical, Medical device) - Global Forecast to 2021

Inspection Machines Market: Global Forecast until 2021

  • August 2016
  • 168 pages
  • ID: 4073951
In this report:
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The global pharmaceutical market has grown at a significant rate in the past decade and is expected to grow at a healthy CAGR of ##% to ##% from 2016 to 2021.

Summary

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The overall inspection machines market is anticipated to grow at a compound annual growth rate (CAGR) of 5.9% during the forecast horizon of 2016-2021 and attain $396.40M in 2021. The industry is mainly influenced by the growth in the adoption of automated inspection systems and product recalls. To preserve compliance with current Good Manufacturing Practices in the healthcare sector, the number of regulatory mandates and inspection checkpoints has rised. Nevertheless, the sales of used and refurbished equipment pose a main challenge to the adoption of new products.

In this business report, the overall inspection machines market is broken down by product, category, packaging, end-user, and area.

On the basis of products, the inspection machines market is categorized into seven types- vision inspection systems, leak detection systems, X-ray inspection systems, metal detectors, checkweighers, software and others. By category, the sector is divided into three segments- fully automated, semi-automated and manual inspection machines. On the basis of packaging, the sector is divided into five segments- ampoules & vials, blisters, bottles, syringes, and others. By end-user type, the sector is divided into pharmaceutical & biotechnology firms, medical device manufacturers, and other end users (includes nutraceutical and cosmetics firms).

Geographically, North America continent recorded for the biggest share of the overall inspection machines market, succeeded by Europe (EU), in 2015. Developing economies in Asia-Pac region are likely to grow at a better compound annual growth rate. This area is forecast to grow further due to the increasing number of pharmaceutical & biotechnology manufacturers, growing number of regulatory mandates to comply with cGMPs.

In 2015, Robert Bosch GmbH, Brevetti C.E.A. SPA, Körber Medipak Systems AG, Cognex Corporation, and Mettler-Toledo International Inc., among others, were the key players in the inspection machines market.

Reasons to Buy the Report

The study will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn would benefit organizations in garnering a greater market share. Companies obtaining the analysis could use any one or an aggregation of the below-mentioned five strategies for reaping a greater market share.

This industry report offers business insights on these pointers:

- Business entry: Highlighted information on the product types provided by the top actors in the inspection machines market. The market research examines the inspection machines market by product, category, packaging, final user, and area

- Product improvement/Innovative products: In-depth understanding on upcoming trends, Research&development activities, and recent product launches in the inspection machines market

- Industry development: Comprehensive information of the lucrative emerging sectors by product, category, packaging, end-user, and area

- Industry diversification: Exhaustive information of new products, increasing regions, recent evolutions, and market investments in the overall inspection machines market

- Opposing assessment: In-depth assessment of increase strategies, products, distribution networks, and manufacturing competences of the key players in the overall inspection machines market

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