Global Inspection Machines Market: Increasing stringent rules and regulations that include compulsory compliance with good manufacturing practices and rising adoption of automated inspection systems among the pharmaceutical companies are the major factors that are expected to drive the growth of the global inspection machines market.

The global inspection machines market is projected to reach USD 951 million by 2027 from USD 671 million in 2020, at a CAGR of 5.1 %. Quality control and quality assurance are most important processes in the safety, health, and reliability of medical devices and pharmaceutical products. The inspection machines provide designers and engineers with processing equipment, tools to assist in tasks such as sorting of syringes, blister packs, catheters, pills, and high-speed inspection. Inspection machines include systems such as metal detectors, oxygen and pressure/moisture inspection systems, and leak detection systems. The healthcare industry is witnessing exponential growth due to increasing burden of various diseases that need diagnosis and treatment. Changing lifestyle and increased health care expenditure boost demand for healthcare and related products and services. Healthcare rules and regulation impose various norms for pharmaceutical and medical device products manufacturing and packaging process to address environmental and consumer safety concerns. Stringent regulations and policies increase the burden of various pharmaceutical and medical device manufacturing companies inducing them to reach out for manufacturing, packaging, labeling products and provide services. Inspection machines offer better solution for this challenges faced by pharmaceutical and medical device companies.

Increasing stringent rules and regulations that include compulsory compliance with good manufacturing practices and rising adoption of automated inspection systems among the pharmaceutical companies are the major factors that are expected to drive the growth of the global inspection machines market. For instance, healthcare regulatory bodies such as the Healthcare Compliance Packaging Council (HCPC), the Food and Drug Administration (FDA), and the National Quality Forum (NQF) have been working with packaging service providers, consumer entities, pharmacies, international government organizations, and others to improve pharmaceutical packaging, thereby preventing contamination of drugs and making them patient compliant. In addition, factors such as increasing product recalls in pharmaceutical and medical device companies and growth in number of inspection spot check through the production line is anticipated to fuel growth of the global inspection machines market through 2024. However, the complex nature of integrating inspection machine that requires skilled person for maintenance and rising demand for refurbished system products are expected to hamper the growth of the inspection machine market.

The prominent players operating in the global inspection machines market are ACG Worldwide (India). Körber AG (Germany), METTLER TOLEDO International Inc. (US), Brevetti C.E.A SPA (Italy), Teledyne Technologies (US), Cognex Corporation (US), Omron Corporation (Japan), Mitsubishi Chemical Holdings Corporation (Japan), Jekson Vision Private Limited (India), Thermo Fisher Scientific (US), Antares Vision (Italy), OPTEL Group (Canada), and Robert Bosch GmbH (Germany).
The countries covered in the global inspection machines market are the U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, and rest of Middle East & Africa.

North America has witnessed high market over past few years and expected to dominate the market in coming years. As the reason behind this is that the region has high restrictions laid for manufacturing for quality assurance which demand for these inspection machines. Secondly North America has major players in the region whereas the government is spending huge amount on healthcare and welcoming more and more companies to invest over there specially now at the time of pandemic, it became more crucial for all regions to spending on these quality assuring equipment. Europe has the second largest share in the market after North America and also expected to witness high growth in coming years. Rising investments in healthcare sector and presence of major manufacturing companies in countries in the region are the major factor driving growth of the Asia-Pacific inspection machines market. Asia-Pacific region has witnessed very high growth rate in inspection machines market owing to countries such as India, Japan, and China where there are high number of pharmaceutical and biotechnology companies. Whereas there is high amount of spending on R&D sector which also makes a good market for inspection machines in coming years.