Inspection Machines Market Report

Bharatbook.com announces a report on “Inspection Machines Market by Type, Packaging - Global Forecast to 2021”. This region is expected to grow further due to the growing number of pharmaceutical & biotechnology manufacturers, increasing number of regulatory mandates to comply with cGMPs.

The Global Inspection Machines Market is expected to grow at a CAGR of 5.9% during the forecast period of 2016-2021 and reach USD 396.4 million in 2021. The market is mainly driven by the increase in the adoption of automated inspection systems and product recalls. To maintain compliance with current Good Manufacturing Practices (cGMPs) in the healthcare industry, the number of regulatory mandates and inspection checkpoints has increased. However, the sales of used and refurbished equipment pose a major challenge to the adoption of new products.

In this report, the global inspection machines market is segmented by product, type, packaging, end user, and region.

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

Geographically, North America accounted for the largest share of the global inspection machines market, followed by Europe, in 2015. Developing economies in Asia-Pacific region are likely to grow at a higher CAGR. This region is expected to grow further due to the growing number of pharmaceutical & biotechnology manufacturers, increasing number of regulatory...