U.S. automatic optical inspection systems in healthcare packaging market is expected grow at a CAGR of around 26.0% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.
The automatic optical inspection systems in healthcare packaging market is a highly concentrated market which includes key players and local players. The market has witnessed increased various strategic developments owing to favourable market scenario. The market has a prominent growth in upcoming years due to advantages of automated systems over manual inspection system and technological advancements in inspection. Upsurge in stringent regulations for packaging validation and increase in demand of medicines is possessing a great demand is also posing as opportunities for the market.
The market has witness developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand of innovative technology. For instance, In May 2019, Sea Vision has announced the acquisition of Lixis, the Argentine software house which provides solutions in the world of pharmaceutical vision, control and serialization. This would help the company as they would have become the first company in South America for more number of employees and for the vertical specialization in the pharmaceutical industry. The enhanced portfolio of both the companies would offer their customers complete, innovative and diversified solutions both in the software and hardware field.
KEYENCE CORPORATION has dominated U.S. automatic optical inspection systems in healthcare packaging market and accounts for the highest market share in 2018 which is followed by Cognex Corporation and Omron Microscan Systems, Inc. The other key players existing in the market includes OCTUM GmbH, PHOENIX IMAGING, SEA VISION S.r.l., BREVETTI CEA S.P.A, Körber Medipak Systems GmbH, ANTARES VISION S.p.A., VITRONIC, Mercator Robotec Inc., Dabrico, Inc, HEUFT SYSTEMTECHNIK GMBH, Banner Engineering Corp. , Packaging Technologies and Inspection and others.
KEYENCE CORPORATION is headquartered in Osaka, Japan and was founded in 1974. The company is engaged in developing, manufacturing, and selling factory automation solutions worldwide. The company offers photoelectric, fiber optic, laser, positioning, vision, and inductive proximity sensors, as well as network communication units used for presence/absence and part differentiation applications. The company deals in various product categories named as Sensors, Measurement Sensors, Measurement Systems, Safety, Process Controls/ Process Sensors, Static Eliminators/Ionizers, Vision/Barcode Scanner, Controls, Laser Marking Systems/Industrial Inkjet Printers, Microspaces/3D Surface Profilers, Handheld Mobile Computers, Data Analytics Software.
It has its global networks through direct sales representatives and distributors in the North America, Europe, and Asia-Pacific. It operates through its subsidiaries such as KEYENCE CORPORATION OF AMERICA (U.S.), KEYENCE DEUTSCHLAND GmbH (Germany), Keyence Canada Inc.(Canada), Keyence Mexico S.A. DE C.V. (Mexico) and others.
Cognex Corporation headquartered in Massachusetts, U.S was founded in 1981. The company is engaged in providing the vision systems, software, sensors, and industrial barcode readers used in manufacturing automation. The company has one operating division namely, Machine Vision.
The product categories in which Cognex Corporation operates are Machine Vision, 3D Area Scan Cameras, Vision Software, and Barcode Readers and out of which Machine Vision is considered as a market focussed category which deals in providing the solutions for automatic optical inspection systems in healthcare packaging. The number of employees as of 31st December 2018 is 2,124.
The Machine vision business division includes products that are capture and analyse visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. Machine vision products are used to automate the manufacture and tracking of discrete items, such as mobile phones, aspirin bottles, and automobile tires, by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process.
It has its global networks through direct sales representatives and distributors in the Americas, Europe, and Asia/Australia. It operates through its subsidiaries such as Webscan Inc. (U.S.), EnShape GmbH (Germany), Cognex, Ltd, Cognex UK Ltd (U.K.) and others.
Omron Microscan Systems, Inc.
Omron Microscan Systems, Inc. is headquartered in Washington, U.S., founded in 1982. The company is engaged in providing the automatic identification and machine vision solutions for ID tracking, traceability and inspection. Omron Microscan Systems, Inc. deals in various product categories named as Laser Barcode Scanners, 2D Barcode Scanners, Handheld Barcode Scanners, Barcode Verification, Machine Vision Systems, Engineered Solutions, Barcode Software and Connectivity, NERLITE Machine Vision Lighting, Auto ID Accessories, Machine Vision Accessories.
The company has been considered as one of the major players in U.S. automatic optical inspection systems in healthcare packaging market due to the various offerings and the major product launches by the company. For instance,
The company has wide geographic presence in Americas, Europe, Middle East and Africa and Greater China.