Global Inspection Machine Market Report 2023: Increasing Adoption of Automated Inspection Systems in the Pharmaceutical Sector Boosts Growth


Dublin, April 13, 2023 (GLOBE NEWSWIRE) -- The "Global Inspection Machine Market (2023-2028) by Product, Type, Application, End User, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Inspection Machine Market is estimated to be USD 641.92 Mn in 2023 and is expected to reach USD 880.32 Mn by 2028, growing at a CAGR of 6.52%.

Market Dynamics

Drivers

  • Growing Number of Regulatory Mandates to Maintain Compliance with GMP in Healthcare Industry
  • Increasing Adoption of Automated Inspection Systems in the Pharmaceutical Sector
  • Rapid Technological Advancements in Inspection Systems

Restraints

  • Lack of Access in Emerging Markets

Opportunities

  • Outsourcing of Operations and the Growing Number of Manufacturing Facilities in Emerging Economies

Challenges

  • Complexities in Integrating Inspection Machines

Market Segmentations

The Global Inspection Machine Market is segmented based on Product, Type, Application, End User, and Geography.

  • By Product, the market is classified into Vision Inspection Systems, Leak Detection Systems, X-ray Inspection Systems, Combination Systems, Check Weighers, Metal Detectors and Software.
  • By Type, the market is classified into Fully Automated, Semi-Automated, and Manual Inspection Machines.
  • By Application, the market is classified into Bottles, Syringes, Blister Packaging, and Ampoules & Vials.
  • By End User, the market is classified into Medical Device Manufacturers, Food Processing, Packaging Companies and Pharmaceuticals & Biotechnology Companies.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Inspection Machine Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Inspection Machine Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Inspection Machine Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Attributes:

Report AttributeDetails
No. of Pages140
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$641.93 Million
Forecasted Market Value (USD) by 2028$880.32 Million
Compound Annual Growth Rate6.5%
Regions CoveredGlobal

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics

5 Market Analysis

6 Global Inspection Machine Market, By Product

7 Global Inspection Machine Market, By Type

8 Global Inspection Machine Market, By Application

9 Global Inspection Machine Market, By End User

10 Americas' Inspection Machine Market

11 Europe's Inspection Machine Market

12 Middle East and Africa's Inspection Machine Market

13 APAC's Inspection Machine Market

14 Competitive Landscape

15 Company Profiles

16 Appendix

Companies Mentioned

  • ACG Group
  • Antares Vision S.p.A.
  • Brevetti CEA SpA
  • Cognex Corp.
  • Jekson Vision Private Ltd.
  • Korber AG
  • Laetus GmbH
  • LOMA Systems
  • Mettler-Toledo International Inc.
  • Mitsubishi Chemical Holdings Corp.
  • Omron Corp.
  • OPTEL Group
  • Robert Bosch GmbH
  • Sartorius AG
  • Sea Vision S.R.L
  • Shanghai Tofflon Science and Technology Co. Ltd.
  • Systech International
  • Teledyne Technologies Inc.
  • Thermo Fisher Scientific Inc.
  • Tronox Ltd.
  • Vitronic
  • Wipotec-OCS GmbH

For more information about this report visit https://www.researchandmarkets.com/r/coecxc

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Global Inspection Machine Market

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