The growing number of regulatory mandates in healthcare industry to comply with current Good Manufacturing Practices (cGMPs), increased adoption of automated inspection systems in pharmaceutical and biotechnology companies, and increased product recalls & inspection checkpoints in the production line are some of the major drivers of this market.

In the product segment, the vision inspection systems accounted for a major market share in 2015, followed by X-ray inspection machines. The large share of this segment can be attributed to the high adoption rate of camera-based vision inspection machines by pharmaceutical & biotechnology companies and medical device manufacturers. The vision inspection systems segment is also expected to grow at a higher CAGR as compared to the other inspection machines.

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Fully automated inspection machines accounted for the major share of the inspection machines market, by type, in 2015; it is expected to grow at the highest CAGR. The large share of these machines can be attributed to their extensive use in pharmaceutical and biotechnology companies, as these machines detect flaws quickly and more accurately. The ampules and vials segment accounted for the largest share of the inspection machines market, by packaging, in 2015.

Pharmaceutical and biotechnology companies were the largest end users of inspection machines. Growth in these end-user markets can majorly be attributed to the growing number of regulatory mandates to maintain compliance with cGMPs, and increase in product recalls and inspection checkpoints throughout the production line in pharmaceutical production.

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In 2015, North America was the largest regional segment in the global inspection machines market. This trend is expected to continue between 2016 and 2021. The Asia-Pacific region is expected to grow with the highest CAGR during the forecast period, primarily due to the growing number of pharmaceutical and biotechnology manufacturers. Further, emerging economies such as China and India provide significant growth opportunities for the inspection machines market in this region.