CHICAGO, July 16,
2024 /PRNewswire/ -- The global pharmaceutical
inspection machines market is projected to grow from USD 0.9 billion in 2024 to USD 1.4 billion by 2029, at a CAGR of 7.6%. This
growth is driven by increased use of inspection systems by
pharmaceutical and biotechnology companies, regulatory mandates for
inspection checkpoints, and rising pharmaceutical outsourcing in
emerging markets. The integration of advanced technologies such as
IoT, machine learning, and AI is further enhancing market
expansion. However, challenges include high initial investment
costs and complexities in integrating inspection machines into
existing processes. Major players in this market include Körber AG,
Mettler-Toledo, Omron Corporation, and Cognex Corporation, with
North America leading in market
share due to significant R&D investments and a robust
pharmaceutical industry. The Asia
Pacific region is expected to exhibit the highest growth
rate during the forecast period, fueled by expanding manufacturing
capabilities and outsourcing trends.
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Market Segmentation by Component
The market is categorized by component into inspection systems
and software. The inspection systems segment includes vision
inspection systems, X-ray inspection systems, leak detection
systems, metal detectors, combination systems, checkweighers, and
other types of inspection systems. In 2023, inspection systems held
the largest market share and are expected to maintain this
dominance through 2029, thanks to advancements in machine vision
and AI, alongside the rising production of biologics, biosimilars,
and pharmaceutical outsourcing.
Market Segmentation by Type
By type, the market is divided into fully automated inspection
systems, semi-automated systems, and manual systems. The fully
automated segment was the leading category in 2023, primarily due
to higher throughput rates, improved inspection accuracy, increased
detection capabilities, and compliance with strict regulatory
standards.
Market Segmentation by Packaging Type
Regarding packaging types, the pharmaceutical inspection
machines market is segmented into ampoules & vials, syringes,
blister packaging, bottles, and other packaging formats. The
ampoules & vials segment dominated in 2023 and is projected to
see substantial growth during the forecast period, driven by a
greater implementation of inspection machinery for these
containers. Additionally, the rising demand for vaccines,
biopharmaceuticals, and biologics is fueling production in this
area.
Market Segmentation by Formulation
In terms of formulation, the market is categorized into oral,
parenteral, and other formulations. The oral segment includes
tablets & capsules, oral solutions, suspensions/syrups, and
other types. The parenteral formulation segment led the market in
2023 and is expected to grow significantly, driven by increasing
demand for injectable drugs and the growth of the pharmaceutical
and biotechnology sectors.
Market Segmentation by End User
By end user, the market is segmented into pharmaceutical
companies, biotechnology companies, and CROs & CDMOs. The
pharmaceutical companies segment was the largest in 2023 and is
anticipated to grow at a significant CAGR during the forecast
period, reflecting the rising use of inspection machines for
quality assurance and the urgent need to address counterfeit
pharmaceuticals.
Regional Analysis
Geographically, the global pharmaceutical inspection machines
market is divided into North
America, Europe,
Asia Pacific, Latin America, and the Middle East and Africa. In 2023, North America led the market due to factors
such as advanced healthcare infrastructure, stringent regulatory
requirements (including FDA regulations), significant investment in
pharmaceutical R&D, and the presence of major pharmaceutical
firms. The Asia Pacific region is
expected to experience the highest CAGR from 2024 to 2029,
supported by favorable government policies, growing contract
manufacturing, increased production of generic drugs, and the rapid
expansion of pharmaceutical and biotechnology companies.
Key Players in the Market
Key players in the pharmaceutical inspection machines market
include Körber AG (Germany),
Mettler-Toledo (Switzerland),
Omron Corporation (Japan), Cognex
Corporation (US), Stevanato Group (Italy), and Antares Vision S.P.A (Italy), among others. These companies are
pursuing both organic and inorganic growth strategies, such as
product launches and acquisitions, to maintain their leadership
positions in the market.
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Körber AG: Market Leader
Körber AG (Germany) leads the
pharmaceutical inspection machines market through strategic
partnerships, continuous innovation, and significant R&D
investments. The company focuses on collaborations to increase its
market share. For example, in December
2023, Körber AG partnered with Franz Ziel GmbH (Germany) to enhance its expertise in cleanroom
technology for the pharmaceutical and biotech industries. This
partnership complements Körber's existing inspection and packaging
solutions. Additionally, Körber's commitment to R&D and its
extensive service network ensure exceptional customer support,
solidifying its leading position in the market.
Mettler-Toledo: Innovative Leader
Mettler-Toledo (Switzerland) is
a prominent player in the pharmaceutical inspection machines
market, known for its innovative product launches. In September 2022, the company introduced
high-quality X-ray technology, including the DXD and DXD+ dual
energy detector, to identify difficult-to-detect foreign
contaminants. Mettler-Toledo also prioritizes strong customer
relationships through extensive training and support programs,
ensuring optimal product utilization, which reinforces its
leadership in the market.
Omron Corporation: Diverse Portfolio
Omron Corporation (Japan) ranks
among the top players in the pharmaceutical inspection machines
market as of 2023. The company has a diverse portfolio that spans
industrial automation, electronic components, automotive parts,
social infrastructure systems, healthcare, and environmental
solutions. Omron's strength lies in its advanced inspection
machines that ensure product quality and safety. The company
invests in developing innovative sensors, robotics, and AI to
enhance inspection accuracy and efficiency. With a robust global
distribution network and extensive service capabilities, Omron
provides excellent customer support and rapid response times.
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