World Inspection Machines Market to Grow at 5.7% CAGR till 2022, Projects Meticulous Research in Its Insightful Study Available at MarketPublishers.co
26 May 2017 • by Natalie Aster
LONDON – Introduction of technologically advanced inspection equipment helped to cope with the problems associated with traditional methods. Furthermore, today manual inspection is increasingly replaced by automated and/or semi-automated inspection, this assists in reducing the number of errors.
From 2017 till 2022, the market for inspection machines is predicted to grow at a 5.7% CAGR. By the year 2022, the value of this market is forecast to touch USD 846.4 million. Key market growth driving factors include rapidly aging population, increasing incidence of chronic and infectious diseases, uptake in pharmaceutical sector, introduction of novel applications and ongoing technological advancements. But, some factors like escalated demand of refurbished machines and high cost of inspection machines could restrain the market growth.
Some of the top companies engaged in the inspection machines industry comprise ACG Worldwide, Antares Vision, Brevetti C.E.A. Spa, Stevanato Group, NKP Pharma, Optel Group, Daiichi Jitsugyo Viswill, Jeckson Vision and Robert Bosch GmbH.
The insightful research study “Global Inspection Machines (Pharmaceutical And Medical Devices) Market Outlook: 2017- 2022” prepared by Meticulous Market Research gives a comprehensive overview of the inspection machines market performance (current, historical and projected) at different geographical scales. This report highlights the market dynamics, examines the key growth restraints and drivers, discusses the emerging opportunities and the main challenges, describes the prevailing trends. The report touches upon competitive pressures, contains a snapshot of the recent industry developments and strategies, and include profiles of the dominant companies.
Numerous other research reports created by this publisher are available at the Meticulous Research page at MarketPublishers.com.