- September 27, 2019
Because both manual and automated assembly lines improve productivity, efficiency and quality of manufacturing while reducing labor costs and cycle time, the market for new assembly machines is expected to grow 27% by 2025, according to recent research by Global Market Insights.
September 27, 2019 - More assembly machines are being used in packaging, aerospace, pharmaceutical, military/defense and electronics production lines, but medical device manufacturers seem to be particularly eager to upgrade legacy equipment. Because both manual and automated assembly lines improve productivity, efficiency and quality of manufacturing while reducing labor costs and cycle time, the market for new assembly machines is expected to grow 27% by 2025, according to recent research by Global Market Insights.
Companies are replacing manual processes with automated solutions, which increases the safety of workers, and the rise of Industrial IoT (IIOT), AI, and machine learning technologies are encouraging the replacement of legacy methods. Moreover, the incorporation of robotics technology with these machines is enhancing overall productivity.
These machines are being increasingly adopted for pharmaceuticals or medical device assembly. Manufacturers in the healthcare industry need to follow the federal regulations for producing medical devices. The FDA regulatory in the U.S. directs the industry to ensure the adoption of high-quality standard products for the safety of patients. Companies are offering ISO 9001-2008 certified machines, which help ensure the quality of manufactured products, positively impacting the assembly machine market growth.
Increasing focus on product quality and patient safety from the healthcare sector also will drive purchases of assembly machines. Manufacturers are implementing these technologies to comply with international hygiene standards and improve the production processes. In the industry, disposable devices are the essential components of all medical, dental, and veterinary practices. The use of disposables increases efficiency, lowers costs, and reduces the spread of infections.
In 2018, the U.S. witnessed sales of medical disposables worth $50 billion. Moreover, medical devices such as catheters, syringes, inhalers, disposables, and other medical devices, require precise and accurate assembly to operate effectively. The machines help in processing, assembling, testing, inspecting, and packaging these devices without errors.
Makers of assembly machines are increasingly investing in R&D activities to provide advanced machinery with greater reliability and efficiency. These machines reduce energy costs due to low heating requirements and provide maximum efficiency in assembly processes.
The market for assembly machines around the world is set to grow from $6.5 billion in 2018 to $9 billion by 2025, according to the research report by Global Market Insights, Inc. The key players in the market are Bystronic Maschinen AG, EMAG GmbH & Co. KG, Extol, Inc., FANUC Corporation, Gefit Group, Haumiller, Hindustan Automation, Intec Automation, Inc., Isthmus Engineering, Kawasaki Heavy Industries, Ltd., Mondragon Assembly, Norwalt Design Inc., and RNA Automation Limited.Learn More
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