Inspection Machines Market provides analysis and insights on the various factors that are expected to prevail during the forecast period while also providing their impact on market growth. The growth of the medical device industry is accelerating the growth of the inspection machine market.
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% during the forecast period.
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Report Scope and Market Segmentation:
| Report Metric | Details |
| Market Size Available for Years | 2019–2026 |
| Base Year Considered | 2020 |
| Forecast Period | 2022–2026 |
| Forecast Units | Value (USD Billion) |
| Segments Covered | Product, Type, Application, End User |
| Geographies Covered | North America, Europe, APAC, Latin America and Middle East & Africa |
| Companies Covered | Thermo Fisher Scientific (US), Robert Bosch GmbH (Germany), OPTEL Group (Canada), Körber AG (Germany), Cognex Corporation (US), METTLER-TOLEDO International Inc. (US), Teledyne Technologies Incorporated (US), ACG Group (India), OMRON Corporation (Japan), Antares Vision S.p.A. (Italy), Brevetti CEA SpA (Italy), Jekson Vision Private Limited (India), Mitsubishi Chemical Holdings Corporation (Japan), Shanghai Tofflon Science and Technology Co. Ltd. (China), Systech International (US), LOMA Systems (UK), Laetus GmbH (Germany), VITRONIC (Germany), WIPOTEC-OCS GmbH (Germany), and SEA Vision S.r.l. (Italy) |
The fully automated machines segment is expected to account for the largest share of the inspection machines market
Based on type, the inspection machines market is segmented into fully automated machines, semi-automated machines, and manual machines. The fully automated machines segment accounted for the largest share of the inspection machines market
Syringes segment is expected to grow at the highest rate during the forecast period
Based on application, the inspection machines market is segmented into ampoules & vials, syringes, blister packaging, bottles, and other packaging types. The syringes segment is expected to grow at the highest CAGR during the forecast period, primarily due to the increasing adoption of inspection machines being used to check pre-filled syringes as these syringes are witnessing a surge in adoption for injectable drug delivery and vaccines.
Asia Pacific is expected to account for the highest CAGR for players operating in the inspection machines market
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.
Robert Bosch GmbH held the leading position in the inspection machines market. Bosch Packaging Technology, a wholly-owned subsidiary of Robert Bosch, provides inspection machines for the healthcare industry.
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