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Global Track and Trace Solutions Market Size, Share, Trends, Industry Statistics Report, By Product (Plant Manager, Checkweigher, Barcode Scanner, Verification); By Technology (2D Barcode, RFID); By Application (Serialization, Aggregations, Reporting); By End User (Pharmaceutical, Medical Devices); Regional Analysis (North America - U.S, Canada, Other) (Asia-Pacific - India, Japan, China, South Korea, Japan, Australia, and Other) (Europe - U.K., Germany, Netherlands, Lithuania, Austria, Belgium, Poland, Sweden, Spain, France, Russia and Other) (Middle East - Saudi Arabia, UAE and Africa - South Africa, Zimbabwe and RoW) - Global Industry Insights, Trends and Forecast, 2019-2025

Report Format : PDF
Published Date : Oct-2018
Pages : 178
Report ID : VSR001346

Global Track and Trace Solutions Market Size are estimated to expand rapidly in coming years, at a CAGR of 13.6 % from 2018 to 2025. In 2017, the global market valuation was USD 1.85 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. High laws & norms for serialization execution, the increased insistence on brand security, the increase in the amount of packaging-related item recalls and medical instrument sector development are the main considerations influencing the development of this market.

The increased usage of businesses for pharmaceutical and medical equipment is expected to further stimulate development. Drug counterfeiting is a significant issue facing drug companies and bio-drugs firms. Companies, therefore, adopt these approaches for tracking the supply chain. The tracking and trace laws are anticipated to cover more than 40 nations and more than 75 half of the global medicines production by 2018. Geographically, APAC region is expected to be the highest growing region in the global market of track and trace solutions market.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

Global Track and Trace Solutions Market Size, Share, Trends, Industry Statistics Report

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global track and traces solutions market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global track and trace solutions market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Application Insights: On the basis of application, global track and trace solutions market has been segmented into serialization, aggregations, reporting. The section of serialization represented the biggest proportion of the industry for apps. The growing amount of falsified drugs and stringent state laws for serialization leads to the demand for tracking and serialization alternatives.

By End User Insights: On the basis of end-user, global track and trace solutions market has been segmented into pharmaceutical, medical devices. The end-user category is anticipated to compensate for the biggest market share in 2018 in the pharmaceutical & biopharmaceutical sector. The big market share is primarily owing to variables such as the increasing amount of fake drugs in emerging nations and strict laws in the pharmaceutical packaging industry.

Regional Analysis

The track and trace solutions market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In the most important CAGR during the forecast period, it is anticipated that the track and trace alternatives industry in APAC will develop. The growing pharmaceutical industry and the application of high-quality and reliable drug laws are the driving forces behind the region's market growth.

North America is dominated by the global industry, with the biggest percentage of revenues in 2018, mainly in view of the extremely controlled norms of standard serialization & accumulation as well as sophisticated service facilities. For the FDA, pharmaceuticals and other healthcare businesses, automatic identification techniques including bar code and RFID are suggested. In addition, the existence and acceptance of extremely advanced healthcare facilities in the United States are anticipated to fuel market growth. As regards income, Europe is the second largest industry and its market share is projected to remain. The existence in the region of developed economies, including Germany, Turkey, the United Kingdom, France, and Italy, can be ascribed to this. In the supply chain for medication for counterfeiting and theft, the European Union seeks to gradually introduce alternatives for the monitoring and tracing of theft. Under the Falsified Medicines, Directive producers would not be permitted to sell their products in Europe if they did not meet drug serialization laws.

Global Track and Trace Solutions Market Size, Share Analysis by Region 2017

Global Track and Trace Solutions Market Size, Share, Trends, Industry Statistics Report

Global Track and Trace Solutions Market Study Objective

1. To forecast the market size of track and trace solutions market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of track and trace solutions market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate on significant factors that will have a major impact on the growth of track and trace solutions market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of track and trace solutions market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the track and trace solutions market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Axway, Mettler-Toledo International Inc., Optel Vision, TraceLink Inc., Adents International, Antares Vision srl, Siemens AG, Seidenader Maschinenbau GmbH, ACG Worldwide, and Systech Inc. are some of the key players in the market of track and trace solutions.

Global Track and Trace Solutions Market Study Report Offer You!

The global track and trace solutions market study report give an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.

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Global Track and Trace Solutions Market Size, Share, Trends, Industry Statistics Report, By Product (Plant Manager, Checkweigher, Barcode Scanner, Verification); By Technology (2D Barcode, RFID); By Application (Serialization, Aggregations, Reporting); By End User (Pharmaceutical, Medical Devices); Regional Analysis (North America - U.S, Canada, Other) (Asia-Pacific - India, Japan, China, South Korea, Japan, Australia, and Other) (Europe - U.K., Germany, Netherlands, Lithuania, Austria, Belgium, Poland, Sweden, Spain, France, Russia and Other) (Middle East - Saudi Arabia, UAE and Africa - South Africa, Zimbabwe and RoW) - Global Industry Insights, Trends and Forecast, 2019-2025

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Global Track and Trace Solutions Market Size, Share, Trends, Industry Statistics Report, By Product (Plant Manager, Checkweigher, Barcode Scanner, Verification); By Technology (2D Barcode, RFID); By Application (Serialization, Aggregations, Reporting); By End User (Pharmaceutical, Medical Devices); Regional Analysis (North America - U.S, Canada, Other) (Asia-Pacific - India, Japan, China, South Korea, Japan, Australia, and Other) (Europe - U.K., Germany, Netherlands, Lithuania, Austria, Belgium, Poland, Sweden, Spain, France, Russia and Other) (Middle East - Saudi Arabia, UAE and Africa - South Africa, Zimbabwe and RoW) - Global Industry Insights, Trends and Forecast, 2019-2025

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