Dublin, May 31, 2019 (GLOBE NEWSWIRE) -- The "Inspection Machine Market by Product (Vision Inspection, Checkweigher, Metal Detector, Software) Type (Automatic, Manual), Packaging (Ampoules, Vials, Blisters, Bottles), End User (Pharmaceutical, Medical Devices, Food) - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The inspection machines market is projected to reach USD 774.2 million by 2024 from USD 591.7 million in 2019, at a CAGR of 5.5% during the forecast period.
The growth of the inspection machines market is primarily driven by the increasing number of regulatory mandates in the healthcare industry to maintain compliance with Good Manufacturing Practices (GMP), increasing adoption of automated inspection systems in the pharmaceutical and biotechnology industries, growth in the number of product recalls, increasing number of inspection checkpoints throughout the production line, and technological advancements in inspection systems. However, the growing demand for used and refurbished inspection systems is expected to restrain the growth of this market to a certain extent.
The inspection machines market is a fragmented and competitive market with a large number of players operating in it.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Dynamics: Impact Analysis
5.3 Drivers
5.3.1 Growing Number of Regulatory Mandates in the Healthcare Industry to Maintain Compliance With Good Manufacturing Practices
5.3.2 Increasing Adoption of Automated Inspection Systems in the Pharmaceutical and Biotechnology Industries
5.3.3 Growth in the Number of Product Recalls
5.3.4 Increasing Number of Inspection Checkpoints Throughout the Production Line
5.3.5 Growth in the Medical Device Industry
5.4 Restraints
5.4.1 High Cost of Inspection Machines to Increase the Demand for Used and Refurbished Equipment
5.5 Opportunities
5.5.1 Technological Advancements
5.5.2 Growing Number of Manufacturing Facilities in Developing Countries
5.6 Challenges
5.6.1 Complexities in Integrating Inspection Machines
6 Industry Insights
6.1 Industry Trends
6.1.1 Growing Demand for Combination Inspection Machine Systems
6.1.2 Automatic Inspection Systems
6.1.3 Shift to Smart Cameras
6.2 Global Pharmaceutical Inspection Machines Market: Penetration and Opportunity
6.3 Regulatory Guidelines
6.3.1 Pharmaceuticals & Biotechnology
6.3.2 Food Processing & Packaging
6.3.3 Medical Devices
6.4 Regulatory Analysis
6.4.1 North America
6.4.2 Europe
6.4.3 Asia Pacific
6.4.4 Brazil
6.4.5 Stringency of Regulations
6.5 End-User Demand Analysis
6.5.1 Demand Analysis for Inspection Machines
6.5.2 Unmet Needs
6.5.3 Challenges Associated With Manual Inspection/Non-Inspection of Products: End-User Perspective
6.6 Vendor Product Portfolio Analysis
6.6.1 Product Portfolio Analysis
7 Inspection Machines Market, By Product
7.1 Introduction
7.2 Vision Inspection Systems
7.2.1 Vision Inspection Systems Dominate the Inspection Machines Market
7.3 Leak Detection Systems
7.3.1 Wide Range of Applications and Non-Destructive Nature Have Expanded Industrial Use of Leak Detectors
7.4 X-Ray Inspection Systems
7.4.1 Growing Demand for the Inspection of Missing Products and Faulty Packaging Enhances the Growth of This Segment
7.5 Combination Systems
7.5.1 Technological Advancements in Combination Systems Have Propelled Their Demand Among End Users
7.6 Checkweighers
7.6.1 High Demand for Accuracy in Products From Initial Verification Enhances the Growth of This Segment
7.7 Metal Detectors
7.7.1 Metal Detectors are Particularly Useful in Inspecting Gravity-Fed Powder, Granulated Products in Pharma Manufacturing
7.8 Software
7.8.1 Rising Trend of Digitization and Increasing Adoption of Hcit Solutions in Packaging are Driving Market Growth
7.9 Other Inspection Systems
8 Inspection Machines Market, By Type
8.1 Introduction
8.2 Fully Automated Inspection Machines
8.2.1 Fully Automated Machines to Witness the Highest Growth in the Inspection Machines Market During the Forecast Period
8.3 Semi-Automated Inspection Machines
8.3.1 Semi-Automated Inspection Machines Offer the Highest Standards in the Quality Control of Pharmaceutical Products
8.4 Manual Inspection Machines
8.4.1 Manual Inspection Machines are Adopted By End Users for Small Lots, Customized Applications, Re-Inspection of Rejects From Automatic Inspection
9 Inspection Machines Market, By Packaging Type
9.1 Introduction
9.2 Ampoules & Vials
9.2.1 High Demand for Ampoules & Vials Accounts for the Large Share of This Segment
9.3 Syringes
9.3.1 Market for Syringe Inspection Machines to Grow at the Highest Rate During the Forecast Period
9.4 Blisters
9.4.1 Blister Packs and Associated Inspection Machines are More Commonly Used in Europe and the APAC
9.5 Bottles
9.5.1 Need to Detect Residues in Bottles has Driven the Growth of This Segment
9.6 Other Packaging Types
10 Inspection Machines Market, By End User
10.1 Introduction
10.2 Pharmaceutical & Biotechnology Companies
10.2.1 the Large Share of This End-User Segment Can Be Attributed to the Increasing Number of Inspection Checkpoints in the Production and Packaging Lines
10.3 Medical Device Manufacturers
10.3.1 Advantages of Inspection Machines in the Medical Device Industry are A Key Factor Driving Market Growth
10.4 Food Processing & Packaging Companies
10.4.1 Growing Quality and Safety Concerns in Packed and Processed Food to Drive the Use of Inspection Machines in This End-User Segment
10.5 Other End Users
11 Inspection Machines Market, By Region
12 Competitive Landscape
12.1 Overview
12.2 Market Share Analysis
12.3 Competitive Leadership Mapping, 2018
12.4 Vendor Inclusion Criteria
12.5 Vendor Dive
12.6 Competitive Situations and Trends
13 Company Profiles
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