South 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)

TIPRE00026259 | Pages: 149 | Medical Device | Dec 2021 | Type: Regional | Status: Published

Market Introduction

South America region for the estimating the market for the inspection machine consist of countries such as Brazil, Argentina, and rest of SAM. Brazil is the fifth largest country in the world both by area and by population and experiencing the fastest demographic aging worldwide. In Brazil, the aging population is at a rapid pace and in a context of regional and historical socioeconomic inequalities. According to the study conducted in Brazil, the community of women estimated at the vast majority with 16.9 million (56%) of elderly persons, whereas older adults estimated approx. 13.3 million (44%). The growing aging population leads to several chronic conditions such as cancer, orthopedic conditions, neurodegenerative disorders, and diabetes amongst others. Such growing conditions are likely to drive the adoption of medical devices, which will eventually drive the Brazil inspection machine market during the forecast period.

COVID-19 cases are on the rise in South America; the rising number of cases in Brazil, Peru, Chile, Ecuador, and Venezuela is anticipated to have a negative impact on the market. According to the International Council of Nurses, due to high virus transmission, the number of mortalities among health professionals in Brazil is higher than in other nations. As Brazil has many populated areas and regions with small houses with 6-7 people per house, the virus spreads like wildfire. Currently, the countries in South America region are speedily increasing their clinical programs to fight against the covid-19. In this scenario, the pharmaceutical and biopharmaceutical companies are emphasizing on developing novel treatment therapies for the treatment of covid-19 which is ultimately giving a negative impact on market growth. Furthermore, due to lockdown imposed on several regions of South America the supply of blood and related products also diminished as people cannot step outside from their homes to donate. As the supply of blood diminished it has adversely affected plasma processing companies. Thus, because of above mentioned factors the covid-19 is likely to have negative impact on the market growth.

Market Overview and Dynamics

The inspection machine market in South America is expected to grow US$ 74.46 million in 2021 to US$ 99.15 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2021 to 2028. Manufacturers, along with local governments, are increasingly seeking new approaches to address the challenge of a continuously surging drug and vaccine demands. To fill the demand–supply gap, many biopharmaceutical companies, research institutes, contract research organizations (CROs), and contract development and manufacturing company (CDMOs) are automating their laboratory processes for attaining high precision and low turnaround time. Automated inspection machines can help enterprises enhance overall product quality while lowering manufacturing costs, thus providing them an edge over their competitors. Many organizations are employing automated inspection systems in their facilities as machine vision inspection cameras and laser gauging sensors have become more cost-effective. By practically eliminating human errors, an automated inspection equipment increases product quality. Companies that use automated inspection systems usually showcase them during customer visits to indicate their processes are technologically updated. Automated inspection systems require one-time investments, and these high-speed machines can be used 24 ×7 with little to no extra expense. Companies can monitor the inspection information and instantaneously correct the corresponding processes causing discards, significantly lowering scrap and enhancing line efficiency. Automated inspection also helps companies cut the costs of containment and re-inspection that typically results from audit-only inspections, machine, or operator errors. Furthermore, the increasing product recalls in pharmaceuticals and medical device manufacturing industries, growth in number of inspection spot checks across the production line, and demand for high precision in inspection to manufacture products with zero error are propelling the growth of the inspection machine market.

Key Market Segments

In terms of product the vision inspection systems segment accounted for the largest share of the South America inspection machine market in 2021. In terms of type the automatic segment accounted for the largest share of the South America inspection machine market in 2021. In terms of packaging the ampoules segment accounted for the largest share of the South America inspection machine market in 2021. In term of end user, pharmaceutical & biotechnology companies segment held a larger market share of the inspection machine market in 2021.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the inspection machine market in South America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 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 among others.

Reasons to buy report

  • To understand the South America inspection machine market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for South America inspection machine market
  • Efficiently plan M&A and partnership deals in South America inspection machine market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South America inspection machine market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in South America region.

South America Inspection Machine Market Segmentation

South America Inspection Machine Market – By Product

  • Vision Inspection Systems
  • X-ray Inspection Systems
  • Checkweighers
  • Metal Detectors
  • Software
  • Others

South America Inspection Machine Market – By Type

  • Automatic
  • Manual

South America Inspection Machine Market – By Packaging

  • Ampoules
  • Vials
  • Blisters
  • Bottles

South America Inspection Machine Market – By End User

  • Pharmaceutical & Biotechnology Companies
  • Medical Device Manufacturers
  • Food Processing & Packaging Companies

South America Inspection Machine Market – By Country

  • Brazil
  • Argentina
  • RoSAM     

South America Inspection Machine Market – Companies Mentioned

  • OMRON Corporation
  • Thermo Fisher Scientific Inc.
  • Cognex Corporation
  • Syntegon Technology GmbH
  • METTLER TOLEDO
  • Teledyne Technologies Inc.
  • General Inspection LLC
  • BREVETTI CEA S.P.A  
  • Minebea Intec GmbH                             

TABLE OF CONTENTS

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        South America Inspection Machine Market – By Product

1.3.2        South America Inspection Machine Market – By Packaging

1.3.3        South America Inspection Machine Market – By Type

1.3.4        South America Inspection Machine Market – By End User

1.3.5        South America Inspection Machine Market – By Country

2.           South America Inspection Machine Market – Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           South America Inspection Machine Market – Market Landscape

4.1         Overview

4.2         PEST Analysis

4.3         Experts Opinion

5.           South America Inspection Machine Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Steady Progress in Regulations Mandating GMP Compliance in Healthcare Sector

5.1.2        Gains of High-Tech Inspection Machines

5.2         Market Restraints

5.2.1        Burgeoning Demand of Refurbished Instruments

5.3         Market Opportunities

5.3.1        Surging R&D Expenditure in Pharmaceuticals and Biotechnology Industries

5.4         Future Trends

5.4.1        Ramping Technological Advancements

5.5         Impact Analysis of Drivers and Restraints

6.           South America Inspection Machine – Market Analysis

6.1         South America Inspection Machine Market Revenue Forecast and Analysis

7.           South America Inspection Machine Market Analysis – by Product

7.1         Overview

7.2         South America Inspection Machine Market Revenue Share, by Product (2021 and 2028)

7.3         Vision Inspection Systems

7.3.1        Overview

7.3.2        Vision Inspection Systems: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

7.4         X-ray Inspection Systems

7.4.1        Overview

7.4.2        X-ray Inspection Systems: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Checkweighers

7.5.1        Overview

7.5.2        Checkweighers: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Metal Detectors

7.6.1        Overview

7.6.2        Metal Detectors: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

7.7         Software

7.7.1        Overview

7.7.2        Software: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

7.8         Others

7.8.1        Overview

7.8.2        Others: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

8.           South America Inspection Machine Market Analysis – By Type

8.1         Overview

8.2         South America Inspection Machine Market Revenue Share, by Type (2021 and 2028)

8.3         Automatic

8.3.1        Overview

8.3.2        Automatic: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Manual

8.4.1        Overview

8.4.2        Manual: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.           South America Inspection Machine Market Analysis – By Packaging

9.1         Overview

9.2         South America Inspection Machine Market Revenue Share, by Packaging (2021 and 2028)

9.3         Ampoules

9.3.1        Overview

9.3.2        Ampoules: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Vials

9.4.1        Overview

9.4.2        Vials: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Blisters

9.5.1        Overview

9.5.2        Blisters: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Bottles

9.6.1        Overview

9.6.2        Bottles: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

10.        South America Inspection Machine Market Analysis – By End User

10.1      Overview

10.2      South America Inspection Machine Market Revenue Share, by End User (2021 and 2028)

10.3      Pharmaceutical & Biotechnology Companies

10.3.1     Overview

10.3.2     Pharmaceutical & Biotechnology Companies: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Medical Devices Manufacturers

10.4.1     Overview

10.4.2     Medical Devices Manufacturers: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

10.5      Food Processing & Packaging Companies

10.5.1     Overview

10.5.2     Food Processing & Packaging Companies: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

11.        South America Inspection Machine Market – Country Analysis

11.1      Overview

11.1.1     South America Inspection Machine Market, by Country, 2021 & 2028 (%)

11.1.1.1       Brazil: Inspection Machine Market– Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       Overview

11.1.1.1.2       Brazil: Inspection Machine Market– Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.3       Brazil: Inspection Machine Market, by Product – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.4       Brazil: Inspection Machine Market, by Packaging – Revenue and Forecast to 2028 (USD Million)

11.1.1.1.5       Brazil: Inspection Machine Market, by Type – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.6       Brazil: Inspection Machine Market, by End User – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2       Argentina: Inspection Machine Market– Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       Overview

11.1.1.2.2       Argentina: Inspection Machine Market– Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.3       Argentina: Inspection Machine Market, by Product – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.4       Argentina: Inspection Machine Market, by Packaging – Revenue and Forecast to 2028 (USD Million)

11.1.1.2.5       Argentina: Inspection Machine Market, by Type – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.6       Argentina: Inspection Machine Market, by End User – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3       Rest of South America: Inspection Machine Market– Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1       Overview

11.1.1.3.2       Rest of South America: Inspection Machine Market– Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.3       Rest of South America: Inspection Machine Market, by Product – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.4       Rest of South America: Inspection Machine Market, by Packaging – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.5       Rest of South America: Inspection Machine Market, by Type – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.6       Rest of South America: Inspection Machine Market, by End User – Revenue and Forecast to 2028 (US$ Million)

12.        Impact Of COVID-19 Pandemic on South America Inspection Machine Market

12.1      South America Impact Assessment of COVID-19 Pandemic

13.        South America Inspection Machine Market – Industry Landscape

13.1      Overview

13.2      Organic Developments

13.2.1     Overview

13.3      Inorganic Developments

13.3.1     Overview

14.        Company Profiles

14.1      OMRON Corporation

14.1.1     Key Facts

14.1.2     Business Description

14.1.3     Products and Services

14.1.4     Financial Overview

14.1.5     SWOT Analysis

14.1.6     Key Developments

14.2      Thermo Fisher Scientific Inc.

14.2.1     Key Facts

14.2.2     Business Description

14.2.3     Products and Services

14.2.4     Financial Overview

14.2.5     SWOT Analysis

14.2.6     Key Developments

14.3      Cognex Corporation

14.3.1     Key Facts

14.3.2     Business Description

14.3.3     Products and Services

14.3.4     Financial Overview

14.3.5     SWOT Analysis

14.3.6     Key Developments

14.4      Syntegon Technology GmbH (Formerly Bosch Packaging Technology)

14.4.1     Key Facts

14.4.2     Business Description

14.4.3     Products and Services

14.4.4     Financial Overview

14.4.5     SWOT Analysis

14.4.6     Key Developments

14.5      METTLER TOLEDO

14.5.1     Key Facts

14.5.2     Business Description

14.5.3     Products and Services

14.5.4     Financial Overview

14.5.5     SWOT Analysis

14.5.6     Key Developments

14.6      Teledyne Technologies Inc.

14.6.1     Key Facts

14.6.2     Business Description

14.6.3     Products and Services

14.6.4     Financial Overview

14.6.5     SWOT Analysis

14.6.6     Key Developments

14.7      General Inspection LLC

14.7.1     Key Facts

14.7.2     Business Description

14.7.3     Products and Services

14.7.4     Financial Overview

14.7.5     SWOT Analysis

14.7.6     Key Developments

14.8      BREVETTI CEA S.P.A

14.8.1     Key Facts

14.8.2     Business Description

14.8.3     Products and Services

14.8.4     Financial Overview

14.8.5     SWOT Analysis

14.8.6     Key Developments

14.9      Minebea Intec GmbH

14.9.1     Key Facts

14.9.2     Business Description

14.9.3     Products and Services

14.9.4     Financial Overview

14.9.5     SWOT Analysis

14.9.6     Key Developments

15.        Appendix

15.1      About The Insight Partners

15.2      Glossary of Terms

 


LIST OF TABLES

Table 1.             South America Inspection Machine Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2.             Brazil: Inspection Machine Market, by Product – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Brazil: Inspection Machine Market, by Packaging – Revenue and Forecast to 2028 (USD Million)

Table 4.             Brazil: Inspection Machine Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Brazil: Inspection Machine Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Argentina: Inspection Machine Market, by Product – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Argentina: Inspection Machine Market, by Packaging– Revenue and Forecast to 2028 (USD Million)

Table 8.             Argentina: Inspection Machine Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Argentina: Inspection Machine Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Rest of South America: Inspection Machine Market, by Product – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Rest of South America: Inspection Machine Market, by Packaging – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of South America: Inspection Machine Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of South America: Inspection Machine Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Organic Developments in the Inspection Machine Market

Table 15.          Inorganic Developments in the Inspection Machine Market

Table 16.          Glossary of Terms, Inspection Machine Market

 


LIST OF FIGURES

Figure 1.           South America Inspection Machine Market Segmentation

Figure 2.           South America Inspection Machine Market Segmentation, By Country

Figure 3.           South America Inspection Machine Market Overview

Figure 4.           Vision Inspection Systems Segment Held the Largest Share of the Product Segment in Inspection Machine Market

Figure 5.           Brazil to Show Significant Growth During Forecast Period

Figure 6.           South America Inspection Machine Market, Industry Landscape

Figure 7.           South America PEST Analysis

Figure 8.           South America Inspection Machine Market Impact Analysis of Drivers and Restraints

Figure 9.           South America Inspection Machine Market – Revenue Forecast and Analysis – 2020- 2028

Figure 10.        South America Inspection Machine Market Revenue Share, by Product (2021 and 2028)

Figure 11.        Vision Inspection Systems: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        X-ray Inspection Systems: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Checkweighers: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Metal Detectors: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Software: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Others: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        South America Inspection Machine Market Revenue Share, by Type (2021 and 2028)

Figure 18.        Automatic: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Manual: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        South America Inspection Machine Market Revenue Share, by Packaging (2021 and 2028)

Figure 21.        Ampoules: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Vials: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Blisters: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Bottles: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        South America Inspection Machine Market Revenue Share, by End User (2021 and 2028)

Figure 26.        Pharmaceutical & Biotechnology Companies: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Medical Devices Manufacturers: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Food Processing & Packaging Companies: Inspection Machine Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        South America: Inspection Machine Market, By Key Country – Revenue (2021) (USD Million)

Figure 30.        South America: Inspection Machine Market, by Country, 2021 & 2028 (%)

Figure 31.        Brazil: Inspection Machine Market– Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Argentina: Inspection Machine Market– Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Rest of South America: Inspection Machine Market– Revenue and Forecast to 2028 (US$ Million)

Figure 34.        Impact of COVID-19 Pandemic in South America Market

  1. OMRON Corporation
  2. Thermo Fisher Scientific Inc.
  3. Cognex Corporation
  4. Syntegon Technology GmbH
  5. METTLER TOLEDO
  6. Teledyne Technologies Inc.
  7. General Inspection LLC
  8. BREVETTI CEA S.P.A  
  9. Minebea Intec GmbH
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America inspection machine market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South America inspection machine market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South America market trends and outlook coupled with the factors driving the inspection machine market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution  
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