Report : North America Inspection Machine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Vision Inspection Systems, X-ray Inspection Systems, Checkweigher, Metal Detector, Software, and Others), Type (Automatic and Manual), Packaging (Ampoules, Vials, Blisters, and Bottles), and End User (Pharmaceutical & Biotechnology Companies, Medical Device Manufacturers, and Food Processing & Packaging Companies)

Vision Inspection Systems Segment to dominate North America Inspection Machine Market during 2021–2028

According to a new market research study on “North America Inspection Machine Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product, Packaging, Type and End User,” is expected to reach US$ 419.71 million by 2028 from US$ 289.24 million in 2021. The market is estimated to grow at a CAGR of 5.5% from 2021 to 2028. The report provides trends prevailing in the North America inspection machine market along with the drivers and restraints pertaining to the market growth. Advantages of high-tech inspection machines, constant progress in regulations mandating GMP compliance in healthcare sector, and up-raising technological advancements are the major factor driving the growth of the North America inspection machine market. However, raising demand of refurbished instruments hinder the growth of North America inspection machine market.

In the North American region, the US was highly affected by the outbreak of the COVID-19 pandemic. The pandemic has created a panic situation across the country that impacted all other economies across the world. The COVID-19 pandemic had severely impacted the pharmaceutical and Medtech R&D in the North American region. Similar to most organizations around the region, the FDA and other regulatory agencies has also experienced unprecedented and unique challenges during the COVID-19 pandemic. The FDA announced in March 2020 that all domestic and foreign routine surveillance facility inspections postponed temporarily, while mission critical inspections continuing when possible. The FDA began working on resuming prioritized domestic inspections using its COVID-19 Advisory Rating system the week of July 20, 2020. In particular, the inspection, surveillance and compliance activities were significantly impacted. However, on March 2021, the US Food and Drug Administration released a new report titled "Resiliency Roadmap for FDA Inspectional Oversight," which details the agency's inspectional activities during the COVID-19 pandemic and its detailed plan to move toward a more consistent state of operations, as well as the FDA's priorities for this work in the future. Moreover, the current scenario owing to the well-established treatment procedure and stability in the healthcare system has helped the associated business gain pace. The inspection systems have gained importance and demand. With increasing research and diagnostic testing the demand of inspection systems have increased at slower rate and is expected to increase in the forecasted period.

The North America inspection machine market is segmented on the basis of product, packaging, type, end user, and country. Based on product, the market is segmented into vision inspection systems, x-ray inspection systems, checkweighers, metal detectors, software, and others. In 2021, vision inspection systems segment held the largest share in the market and it is also expected to be the fastest growing segment during the forecast period. Based on type, the market is bifurcated into automatic and manual. In 2021, automatic segment held the largest share in the market and it is also expected to be the fastest growing segment during the forecast period. Based on packaging, the market is segmented into ampoules, vials, blisters, and bottles. In 2021, ampoules segment held the largest share in the market, and it is also expected to be the fastest growing segment during the forecast period. Based on end user, the market is segmented into pharmaceutical & biotechnology companies, medical device manufacturers, and food processing & packaging companies. In 2021, pharmaceutical & biotechnology companies segment held the largest share in the market and it is also expected to be the fastest growing segment during the forecast period. Similarly Based on country the market is segmented into the US, Canada, and Mexico. In 2021, the US held the largest share in the market and it is also expected to be the fastest growing country during the forecast period.

OMRON Corporation; Thermo Fisher Scientific, Inc.; Cognex Corporation; Syntegon Technology GmbH; METTLER TOLEDO; Teledyne Technologies, Inc.; General Inspection LLC; BREVETTI CEA S.P.A; and Minebea Intec GmbH are among the leading companies in the North America inspection machine market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

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