USD 688.63 million
Inspection Machines Market Size, Share, Growth Analysis, By Product (Vision Inspection Systems, X-ray Inspection Systems), By Type (Fully Automated, Manual Devices), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20I2069 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|Tables:
119
|Figures:
77
Inspection Machines Market Insights
Inspection Machines Market size was valued at USD 721 Million in 2023 and is poised to grow from USD 754.89 Million in 2024 to USD 1090.06 Million by 2032, growing at a CAGR of 4.7% during the forecast period (2025-2032).
The global inspection machines market is anticipated to experience considerable growth over the course of the forecast period as a result of stringent regulatory compliance in the healthcare sector that is being enforced by various governments around the world. Different government attempts to promote good manufacturing practices, or GMP, are another factor influencing the growth of the worldwide inspection machines market.
The growth of the global inspection machines market throughout the course of the projected period is also being supported by the rise in automated inspection systems in sectors like healthcare, manufacturing, and food and beverage. The global market for inspection machines is expected to grow rapidly, in part because of an increase in product recalls because of poor quality and strong technological advancements to solve these quality problems.
The growth of the inspection machine market is predicted to be hindered by the intricate architecture of integrating inspection machines, which demands professional maintenance, and the rising demand for reconditioned system goods. However, the world's ageing population, the booming pharmaceutical business, the sharp increase in incidence of infectious and chronic diseases, the brisk expansion of the food and beverage sector, and many technological advances are propelling development. Additionally, the emergence of new application fields creates new opportunities for the various market participants in inspection machines globally.
US Inspection Machines Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Automatic
Fastest Growth
Automatic
Growth Rate
4.7% CAGR
Global Inspection Machines Market ($ Mn)
Country Share for North America Region (%)
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Inspection Machines Market Segmental Analysis
Global Inspection Machines Market is segmented by Product, Type, Application, End-User and region. Based on Product, the market is segmented into Vision Inspection Systems, Leak Detection Systems, X-ray Inspection Systems, Combination Systems, Checkweighers, Metal Detectors, Software, Other Inspection Systems. Based on Type, the market is segmented into Fully Automated, Semi-Automated, Manual Devices. Based on Application, the market is segmented into Ampoules & Vials, Syringes, Blister Packaging, Bottles, Other Packaging Types. Based on End-User, the market is segmented into Pharmaceutical & Biotechnology Companies, Medical Device Manufacturers, Food Processing & Packaging Companies, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Inspection Machines Market Analysis by Product
The market for vision inspection systems is anticipated to hold the largest market share. Vision inspection systems are widely used in the medical device, biotechnology, pharmaceutical, cosmetic, and food industries, which all contribute to the demand for consumables, because of their quick flexibility, simplicity of use, and excellent performance. Further promoting their adoption, these inspection systems also provide customers cutting-edge characteristics including the incorporation of smart cameras, high operational power (which can function around-the-clock), inspection accuracy, and compatibility with various types of applications.
Inspection Machines Market Analysis by Type
The market is expected to be driven by completely automated equipment, followed by manual machines. The significant share of fully automated machines in the market may be attributable to the benefits of these systems, which include outstanding throughput frequency, ideal inspection precision, enhanced detection level, and adherence to high standard guidelines. These systems are used in a variety of industries because of their ability to identify flaws in real time and offer a way to avoid reinspection. The growing requirement for quality specifications, the growing need to get rid of particles and cosmetic flaws, and technological advancements in this area will all contribute to market growth as part of the zero-error strategy.
Global Inspection Machines Market By Type
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Inspection Machines Market Regional Insights
The market for inspection machines is thought to be dominated by North America, followed by Europe. The dominance is due to the presence of numerous biotechnology, pharmaceutical, and medical device manufacturers in the area, stringent regulatory standards for healthcare providers, an increase in the number of manufacturing plant inspection checkpoints, and strictly regulated inspection standards and mandatory enforcement in the area. The US is a hub of competitiveness in the market for inspection machines because it also houses several major international players.
The highest CAGR is expected to be registered in the Asia-Pacific region. The region's expansion is primarily attributed to the Good Manufacturing Practices (GMP) regulations becoming more stringently enforced, and the expansion of the pharmaceutical and biotechnological industries is another factor influencing the growth of the Asia Pacific regions in the market for inspection machines. Japan will be the region with the quickest growth rate due to the advancement of developing technologies and innovation in the inspection and weighing business.
Global Inspection Machines Market By Region
- Largest
- Fastest
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Inspection Machines Market Dynamics
Inspection Machines Market Drivers
Increased Regulatory Mandates to Bolster Market Growth
- Regulatory agencies, such as the Food and Drug Administration and the Pharmaceuticals and Medical Devices Agency, carefully monitor manufacturers' adherence to Current Good Manufacturing Practices (CGMP) rules to assure the quality of medications and medical devices. The minimum standards for the processes, settings, and controls used in their production, processing, and packaging are specified in CGMP regulations for drugs and medical devices.
- Inspections are still an essential tool in modern production to prevent equipment failures, mistakes in the production process, and defective products. When done properly, inspections can directly impact both the top line and the bottom line by maintaining the condition and reliability of facilities and equipment, guaranteeing the quality of the produced goods, minimising downtime and rework, and even encouraging continuous development.
Inspection Machines Market Restraints
Lack of Access to Hinder Market Growth
- Emerging market growth will be significantly influenced by emerging markets. The pharmaceutical industry in many regions is being driven by the rising population and desirable demographics. However, the market is being restrained by poverty, a lack of adequate infrastructure, and the existence of an unorganised healthcare system in emerging markets.
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Inspection Machines Market Competitive Landscape
The market share for inspection machines is anticipated to rise as producers seek to enhance their output and market share through various partnerships and new releases. In terms of pricing and product variety, the industry is also growing increasingly competitive among market participants.
Inspection Machines Market Top Player's Company Profiles
- Korber AG
- Mettler-Toledo International Inc.
- Jekson Vision Private Limited
- OPTEL Group
- Cognex Corporation
- ACG Group
- Teledyne Technologies Incorporated
- Brevetti CEA SpA
- Laetus GmbH
- Antares Vision S.p.A.
- VITRONIC
- WIPOTEC-OCS GmbH
- Thermo Fisher Scientific
- Systech International
- Omron Corporation
- SEA Vision S.r.l.
- Bausch + Ströbel
- Daiichi Jitsugyo Viswill Co. Ltd.
- Sainty International Group
- Stevanato Group S.p.A.
Inspection Machines Market Recent Developments
- In January 2022, Ishida introduced a technology for x-ray examination to increase sensitivity. The Ishida IX-G2-F uses a new line sensor with improved signal-to-noise ratio to deliver a high-quality x-ray image.
- In April 2022, G'imprim went with the PrintSTAR platform. The matrix cameras from competitor systems' incomplete images are successfully complemented by PrintSTAR.
Inspection Machines Key Market Trends
- The rise in the number of regulatory mandates to uphold GMP compliance in the healthcare industry and rising pharmaceutical & biotechnology R&D expenses are the main factors anticipated to propel the growth of the inspection machines market in the projected future. Additionally, it is projected that rising product recalls would further fuel the market for inspection machines. Additionally, it is predicted that the market for inspection equipment will expand more slowly due to the increasing number of inspection locations throughout the manufacturing line. On the other hand, it is anticipated that the rise in the demand for reconditioned equipment as a result of the rising cost of inspection machines will further restrain the market's expansion over the timeline.
Inspection Machines Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Inspection Machines Market Analysis, in 2022, There is a growing need for better healthcare and as people get more and more concerned about their life, the Global Inspection Machines However, such lawsuits have had little to no impact on the market where the US continues to dominate. It is anticipated that the market is not expected to stagnate in the future but is likely to face more competition and challenges. Market stands to gain.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 688.63 million |
| Market size value in 2031 | USD 1041.13 million |
| Growth Rate | 4.7% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Inspection Machines Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Inspection Machines Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Inspection Machines Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Inspection Machines Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Inspection Machines Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Inspection Machines Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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