Global Scanner Market Report and Forecast 2024-2032

Global Scanner Market Size

The global scanner market reached approximately USD 5.06 billion in 2023. The market is projected to grow at a CAGR of 6.10% between 2024 and 2032, reaching a value of around USD 8.6 billion by 2032.

Global Scanner Market Outlook

• As per the Department of Health and Social Care of England, the overall funds for health services in 2022-23 was £181.7 billion, which supports the growth of the scanners that are used for scanning barcodes and keeping track of medical equipment.

• As per the LogiMAT India logistic fair, the Indian freight and logistics sector is expected to witness an annual growth of 8.8 per cent, creating ample opportunities for scanners used for vehicle identification numbers (VIN) and barcodes.

• A laser barcode scanner is utilised for reading 1D barcodes whereas a 2D imager is used for scanning 2D barcodes.

Global Scanner Market Growth

The rapid digitalisation, growth of the e-commerce sector, and the rising usage of scanners in various end-use sectors are some of the major factors boosting the market growth. Several organisations are shifting towards paperless workflow to cut back on paper costs and reduce their dependency on physical documents. In the healthcare sector, scanners are widely utilised for the conversion of patient records, prescriptions, and other medical records into a digital format where they are easily accessible and secure.

The market is also driven by its rising implementation for addressing the environmental impact of high paper use. Enterprises and businesses are adopting scanners to reduce their paper waste and strengthen their digital workflow. Market players are also contributing to sustainability in the market by the manufacture of scanners with low footprints. For instance, Epson announced the launch of two document scanners C330 and DS-C490 in India in February 2024, which offer high resolutions, rapid scanning, and a small footprint.  Additionally, scanners are used in logistics and shipping warehouses for shipment tracking and inventory management as well as product identification through barcode and QR code scan.

Global Scanner Industry Segmentation

“Global Scanner Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Flatbed Scanners 

• Handheld Scanners 

• Sheetfed Scanners 

• Drum Scanners 

Market Breakup by End Use

• Commercial 

• Individual

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Scanner Market Share

Commercial end use sector is witnessing significant growth in the market. The growing applications of scanners in the BFSI sector to streamline operations by maintaining digital copies of sensitive user documents, and checks, among others, which can be accessed easily on demand. Moreover, in the educational sector, they are widely used to digitise textbooks, class notes, academic research papers, and administrative records that can be accessed online by other students and staff members on a digital platform such as LMS (learning management system).

Leading Companies in Global Scanner Market

The market players are introducing eco-efficient scanners to meet the evolving regulatory landscape.

• HP Development Company L.P. 

• Colortrac 

• Xerox Corporation 

• Canon Inc. 

• DYMO, Inc. 

• Fujitsu Group 

• Brother International Corporation 

• Zebra Technologies Corp. 

• Seiko Epson Corporation 

• Honeywell International Inc 

• Others

Key Highlights of the Report