Lucintel's latest market report analyzed that inspection machine provides attractive opportunities in the pharmaceutical & biotechnology, medical device manufacturers, food processing & packaging sectors. The inspection machine market is expected to reach $0.9 billion by 2028 with a CAGR of 5.4%. In this market, combination system is the largest segment by product, whereas pharmaceutical &bioend use industry is largest by end use industry.
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Based on product, the inspection machine market is segmented into vision inspection systems, leak detection systems, x-ray inspection systems, and others. The combination systems segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing usage of these systems to speed up results and minimize human labor.
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The Inspection Machine Market is marked by the presence of several big and small players. Some of the prominent players offering inspection machine include Thermo Fisher, Robert Bosch, OPTEL, Körber, Cognex, and Mettler Toledo.
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