Press release
Pharma Track And Trace Solutions Market 2018 In-Depth Analysis of Industry Share, Size, Growth, and Key Players like Optel Vision, Siemens, IBM, Axway, Mettler-Toledo, Systech, SAP, Seidenader Maschinenbau, Antares Vision, Sea Vision, TraceLink, Adents In

Pharma Track And Trace Solutions, Global Pharma Track And Trace Solutions, Pharma Track And Trace Solutions Market
Track and trace solutions market 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.
Track and trace solutions are an essential part of this strategy. Track and trace solutions identify the origins of a pharmaceutical industry product and verify its authenticity. Moreover, track and trace solutions also help combat product diversion, whereby legitimate products are diverted from one market to another, with implications for licensing obligations and distribution agreements as well as for revenues.
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Scope of the Report:
This report studies the Pharma Track and Trace Solutions market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Pharma Track and Trace Solutions market by product type and applications/end industries.
In the last several years, global market of Pharma Track and Trace Solutions developed rapidly, with an average growth rate of 17%. In 2017, global revenue of Pharma Track and Trace Solutions is about 840 million USD.
The classification of Pharma Track and Trace Solutions includes Barcodes and RFID. The proportion of Barcodes in 2016 is about 72.4%, and the proportion of RFID in 2016 is about 27.6%. Barcodes technology reported largest revenue share of the track and trace solutions sector in 2017. The 2D barcode is the largest segment of barcodes technology and is expected to maintain its position throughout the study period. The increased application of 2D barcodes in pharmaceutical & biopharmaceutical product packaging is a major factor that contributed to the higher revenue share.
Pharma Track and Trace Solutions are application in Bio Pharma, Chemical Pharma and Specially Pharma. The most of Pharma Track and Trace Solutions is used in Chemical Pharma, and the market share of that is about 69.5 % in 2017.
The global Pharma Track and Trace Solutions market is valued at 840 million USD in 2017 and is expected to reach 2380 million USD by the end of 2023, growing at a CAGR of 18.9% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Pharma Track and Trace Solutions.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
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Market Segment by Manufacturers, this report covers – Optel Vision, Siemens, IBM, Axway, Mettler-Toledo, Systech, SAP, Seidenader Maschinenbau, Antares Vision, Sea Vision, TraceLink, Adents International, Xyntek, Holoflex and ACG Worldwide
Pharma Track And Trace Solutions market stands to gain remarkable proceeds over 2018-2023, as per a recently compiled report Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers –
Barcodes
RFID
Market Segment by Applications, can be divided into –
Bio Pharma
Chemical Pharma
Specially Pharma
For More about of this report: https://www.bigmarketresearch.com/global-pharma-track-and-trace-solutions-2018-by-manufacturers-countries-type-and-application-forecast-to-2023-market
Market Segment by Table of Contents:
1 Pharma Track and Trace Solutions Market Overview
1.1 Product Overview and Scope of Pharma Track and Trace Solutions
1.2 Classification of Pharma Track and Trace Solutions by Types
1.2.1 Global Pharma Track and Trace Solutions Revenue Comparison by Types (2017-2023)
1.2.2 Global Pharma Track and Trace Solutions Revenue Market Share by Types in 2017
1.2.3 Barcodes
1.2.4 RFID
1.3 Global Pharma Track and Trace Solutions Market by Application
1.3.1 Global Pharma Track and Trace Solutions Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Bio Pharma
1.3.3 Chemical Pharma
1.3.4 Specially Pharma
1.4 Global Pharma Track and Trace Solutions Market by Regions
1.4.1 Global Pharma Track and Trace Solutions Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Pharma Track and Trace Solutions Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Pharma Track and Trace Solutions Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Pharma Track and Trace Solutions Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Pharma Track and Trace Solutions Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Pharma Track and Trace Solutions Status and Prospect (2013-2023)
1.5 Global Market Size of Pharma Track and Trace Solutions (2013-2023)
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