Europe Inspection Machine Market

Market Introduction

The Europe inspection machine market consists economies such as Germany, Russia, Italy, Spain, the UK, and Rest of Europe. Germany held the largest share in the market in 2021. The growth of medical biotechnology is backed by the presence of well-established as well as start-up companies in the country. Moreover, support from the government and research entities is encouraging the growth of the sector across the country. Germany has a hi-tech research infrastructure and internationally renowned scientists. The country has positioned itself as a well-established international medical biotechnology hub. Therefore, it is expected that the rising medical biotechnology sectors have demanded maximum utilization of the inspection machines and, is likely to contribute to the largest market in the region. As per the Germany Trade & Invest article published for biotechnology sector 2019, reports that across Germany there are nearly 646 dedicated biotechnology companies and nearly 141 other biotechnology-active companies. The investment by these companies for the research and development by these companies was nearly US$ 1.2 billion (1.1 Euro billion). These companies have generated revenue of approximately US$ 4.5 billion (4.1 Euro billion).

Countries in the European regions were profoundly affected due to the COVID-19 pandemic. For instance, countries such as Italy, Spain, and France have reported the highest number of positive cases and have registered the maximum number of deaths. The COVID–19 pandemic has shown a significant negative impact on the global and European health economies. Health services in the European region are highly prioritized to serve patients affected by COVID-19. The routine health care services have resumed, and the patients are taking up their required treatments and surgeries. The medical device, pharmaceutical, and other manufactures in the region have ramped up their business processes to produce more products. For instance, the COVID19 vaccine and related medication manufacturers based in Europe can produce large-scale production of drugs for the treatment of COVID19. As a result of large-scale manufacture of pharmaceuticals, the company’s manufacturing inspection system has also seen a spike in demand of these system to ensure minimal error and less product recalls. For instance, Engilico offers a seal inspection system for package verification, which is specifically compatible with COVID-19 test supplies. Engilico is also assisting in the fight against the worldwide COVID-19 pandemic by providing a 100 percent seal inspection to validate the packages with COVID-19 test supplies. Considering the situation, European Federation of Pharmaceutical Industries and Associations (EFPIA) has launched alternative GMP/GDP inspection practices for the pandemic situation. Therefore, the market for inspection machine market is impacted and is expected to grow at a slower rate in the following two to three years.

Europe Inspection Machine Strategic Insights

Strategic insights for the Europe Inspection Machine provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Inspection Machine Report Scope

Europe Inspection Machine Regional Insights

The geographic scope of the Europe Inspection Machine refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The inspection machine market in Europe is expected to grow US$ 234.80 million in 2021 to US$ 327.07 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028. The biotechnology industry is witnessing rapid inventions and innovations. Companies are striving to develop advanced therapeutic products and solutions with minimal or zero error. Technological advancements in the healthcare sector are enabling inspection machine manufacturers to make significant improvements in products. Furthermore, molecular biology research has grown exponentially with elevating investments in the study of cancer therapeutics. Moreover, the companies and institutes from the healthcare sector concentrate on developing markets, owing to their huge populations, coupled with a large number of people suffering from chronic diseases; these conditions highlight the need for advanced clinical and research laboratories. Thus, emerging countries hold new opportunities in segments such as infectious disease testing, molecular oncology, and pharmacogenomics. Hence, healthcare companies can target patients or consumers in these countries. Major players in the industry have been investing a significant amount of their revenue in R&D activities to develop better and advanced products and technologies for the betterment of healthcare sectors. Thus, the European markets are anticipated to provide potential growth opportunities to the inspection machine market players during the forecast period.

Key Market Segments

In terms of product the vision inspection systems segment accounted for the largest share of the Europe inspection machine market in 2021. In terms of type the automatic segment accounted for the largest share of the Europe inspection machine market in 2021. In terms of packaging the ampoules segment accounted for the largest share of the Europe 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 Europe 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; Körber AG.; and Minebea Intec GmbH among others.

Reasons to buy report

• To understand the Europe 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 Europe inspection machine market
• Efficiently plan M&A and partnership deals in Europe 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 Europe inspection machine market
• Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.

Europe Inspection Machine Market Segmentation

Europe Inspection Machine Market – By Product

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

Europe Inspection Machine Market – By Type

• Automatic
• Manual

Europe Inspection Machine Market – By Packaging

• Ampoules
• Vials
• Blisters
• Bottles

Europe Inspection Machine Market – By

End User

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

Europe Inspection Machine Market – By

Country

• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe     

Europe 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     
• Körber AG.