Wednesday, 27 March 2019

Global Pharma Track and Trace Solutions Market to 2019-2025| Optel Vision, Siemens, IBM, Axway, Mettler-Toledo, Systech, SAP, Seidenader Maschinenbau, Antares Vision

Researchmoz added Most up-to-date research on "Global Pharma Track and Trace Solutions Market Size, Status and Forecast 2019-2025" to its huge collection of research reports.

Track and trace solutions are not just economic measures for supply-chain efficiency. Experts estimate that 5% of all drugs sold worldwide are counterfeits in some countries, figures even reach a shocking 50 %. Billions of products are lost in the supply chain every year. Counterfeit drugs and product diversion risk lives, undermine revenues, and threaten company reputations. The pharmaceutical industry needs to ensure supply-chain security and gain the ability to authenticate the ePedigree, or life history, of a product.

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North America is the largest consumption place, with a consumption market share nearly 42.4% in 2017, primarily due to presence of highly regulated serialization & aggregation standards, as well as advanced healthcare infrastructure. Automatic identification technologies including barcoding and RFID are recommended to pharmaceuticals and other healthcare companies by the FDA. Furthermore, the presence of highly developed healthcare infrastructure and adoption of this technology in the U.S. is expected to drive the market growth. Following North America, EU is the second largest consumption place with the consumption market share of 37.4% in 2017.

In 2018, the global Pharma Track and Trace Solutions market size was 1000 million US$ and it is expected to reach 3330 million US$ by the end of 2025, with a CAGR of 18.8% during 2019-2025.

This report focuses on the global Pharma Track and Trace Solutions status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Pharma Track and Trace Solutions development in United States, Europe and China.

The key players covered in this study
Optel Vision
Siemens
IBM
Axway
Mettler-Toledo
Systech
SAP
Seidenader Maschinenbau
Antares Vision
Sea Vision
TraceLink
Adents International
Xyntek
Holoflex
ACG Worldwide

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Market segment by Type, the product can be split into
Barcodes
RFID

Market segment by Application, split into
Bio Pharma
Chemical Pharma
Specially Pharma

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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The study objectives of this report are:
To analyze global Pharma Track and Trace Solutions status, future forecast, growth opportunity, key market and key players.
To present the Pharma Track and Trace Solutions development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

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