1. Market Research
  2. > Pharmaceutical Market Trends
Track and Trace Solutions Market by Type, Technology, Application, End User - Global Forecast to 2023

Track and Trace Solutions Market by Type, Technology, Application, End User - Global Forecast to 2023

  • January 2018
  • 258 pages
  • ID: 4182972
In this report:
ACCORDING TO THE EUROPEAN FEDERATION OF PHARMACEUTICAL INDUSTRIES AND ASSOCIATIONS, GERMANY WAS AMONG THE WORLD'S TOP FIVE PHARMACEUTICAL PRODUCTION LOCATIONS, WITH A PRODUCTION VOLUME OF EUR ##.## BILLION IN 2014, AN INCREASE OF ##% OVER 2013.
THE PHARMACEUTICAL & BIOPHARMACEUTICAL COMPANIES SEGMENT IS EXPECTED TO GROW AT THE HIGHEST CAGR OF ##.##% DURING THE FORECAST PERIOD, TO REACH USD ##,##.## MILLION BY 2023.

Summary

Table of Contents

Search Inside

The Track and Trace Solutions Market is projected to grow at a CAGR of 18.9%
The track and trace solutions market is expected to reach USD 3.93 billion by 2023 from USD 1.65 billion in 2018, at a CAGR of 18.9%. The growth of this market is mainly attributed to the stringent regulations and standards for the implementation of serialization, increasing focus of manufacturers on brand protection, growth in the medical devices and pharmaceutical industries, and rising number of packaging related product recalls.

However, the high cost of serialization and aggregation is expected to hinder the growth of this market up to a certain extent

The carton serialization segment is expected to grow at the fastest rate during the forecast period
Based on serialization type, the track and tarce solutions market is segmented into bottle serialization, blister serialization, vials & ampoules serialization, carton serialization, and medical device serialization. The carton serialization segment is expected to register the highest CAGR during the forecast period owing to the increasing awareness on supply chain efficiency in the pharmaceutical and medical devices industry.

2D barcodes segment continue to dominate the market during the forecast period.
On the basis of technology, the track and trace solutions market is segmented into linear barcodes, 2D barcodes, and Radio Frequency Identification (RFID). The 2D barcodes segment accounted for the major share of the track and trace solutions market for technology during the forecast period.

The increasing preference for 2D barcodes in packaging over linear barcodes due to the advantages of 2D barcodes such as they have higher data storage capacities as well as contain large amounts of data with fewer variations in image size are expected to drive the demand for 2D barcodes in this segment

APAC to witness the highest growth during the forecast period
Geographically, the track and trace solutions market is broadly segmented into five major geographies, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa.

In 2017, North America commanded a major share of the track and trace solutions market. However, APAC is expected to witness the highest growth during the forecast period. Growth in this market is driven by a number of factors, such as the growing pharmaceutical and medical devices market, increasing focus of prominent players on emerging Asian countries, increasing healthcare expenditure, and rising awareness on advanced track and trace solutions.

Break of primary participants was as mentioned below:
• By Company Size – Tier 1–40%, Tier 2–35% and Tier 3–25%
• By Designation Level – C-level–30%, Director Level–25%, Others–45%
• By Region – North America–32%, Europe–25%, Asia Pacific–20%, Latin America–15%, Middle East and Africa–8%

The prominent players in the track and trace solutions market are Optel Vision (Canada), METTLER-TOLEDO International (US), Systech (US), TraceLink (US), Antares Vision (Italy), Xyntek (US), Axway (US), Adents International (France), Sea Vision (Italy), Siemens (Germany), Zebra Technologies (US), ACG Worldwide (India), and Körber Medipak Systems (Switzerland).

Research Coverage
The report analyzes the various types of track and trace solutions in the market and their adoption patterns. It aims at estimating the market size and future growth potential of the track and trace solutions market for different segments such as type, technology, application, end user, and region. The report also includes an in-depth competitive analysis of the key players in this market along with their company profiles, recent developments, SWOT analysis, and market strategies.

Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater market share. Firms purchasing the report could use one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) to enhance their market presence.

This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios offered by the top players in the track and trace solutions market. The report analyzes the market by type, technology, application, and end user across all regions
• Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the track and trace solutions market
• Market Development: Comprehensive information about the lucrative emerging markets by type, technology, application, end user, and region
• Market Diversification: Exhaustive information about new products, growing regions, recent developments, and investments in the track and trace solutions market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, distribution networks, and manufacturing capabilities of the leading players in the track and trace solutions market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Wearable Medical Devices Market to 2025- Global Analysis and Forecasts Device Type (Diagnostic & Monitoring Devices and Therapeutic Devices), Application (Remote Patient Monitoring, Sports & Fitness and Home Healthcare) and Geography

Wearable Medical Devices Market to 2025- Global Analysis and Forecasts Device Type (Diagnostic & Monitoring Devices and Therapeutic Devices), Application (Remote Patient Monitoring, Sports & Fitness and Home Healthcare) and Geography

  • $ 4550
  • October 2018

The global wearable medical devices market is expected to reach US$ 23,310.9 Mn in 2025 from US$ 6,231.7 Mn in 2017. The market is estimated to grow with a CAGR of 18.1% from 2018-2025.The growth of the ...

France Anesthesia and Respiratory Procedures Outlook to 2025 - Airway and Anesthesia Procedures, Regional Anesthesia Procedures and Respiratory Procedures

France Anesthesia and Respiratory Procedures Outlook to 2025 - Airway and Anesthesia Procedures, Regional Anesthesia Procedures and Respiratory Procedures

  • $ 3995
  • October 2018

France Anesthesia and Respiratory Procedures Outlook to 2025 - Airway and Anesthesia Procedures, Regional Anesthesia Procedures and Respiratory ProceduresSummaryGlobalData’s new report, France Anesthesia ...

Mexico Anesthesia and Respiratory Procedures Outlook to 2025 - Airway and Anesthesia Procedures, Regional Anesthesia Procedures and Respiratory Procedures

Mexico Anesthesia and Respiratory Procedures Outlook to 2025 - Airway and Anesthesia Procedures, Regional Anesthesia Procedures and Respiratory Procedures

  • $ 3995
  • October 2018

Mexico Anesthesia and Respiratory Procedures Outlook to 2025 - Airway and Anesthesia Procedures, Regional Anesthesia Procedures and Respiratory ProceduresSummaryGlobalData’s new report, Mexico Anesthesia ...

Medical Device CROs Market $ 3499 October 2018


ref:plp2018

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on