Press release
Pharma Track and Trace Solutions Market 2018 Analysis By Key Players – Optel Vision, Siemens, IBM, Axway, Mettler-Toledo, Systech, SAP, Seidenader Maschinenbau, Antares Vision, Sea Vision, TraceLink
Pharma Track and Trace Solutions Market ReportTrack 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.
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.
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.
Over the next five years, LPI(LP Information) projects that Pharma Track and Trace Solutions will register a 18.9% CAGR in terms of revenue, reach US$ 2380 million by 2023, from US$ 840 million in 2017.
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This report presents a comprehensive overview, market shares and growth opportunities of Pharma Track and Trace Solutions market by product type, application, key companies and key regions.
To calculate the market size, LP Information considers value generated from the sales of the following segments:
Segmentation by product type:
Barcodes
RFID
Segmentation by application:
Bio Pharma
Chemical Pharma
Specially Pharma
We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Optel Vision
Siemens
IBM
Axway
Mettler-Toledo
Systech
SAP
Seidenader Maschinenbau
Antares Vision
Sea Vision
TraceLink
Adents International
Xyntek
Holoflex
ACG Worldwide
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Table of Contents - Key Points
2018-2023 Global Pharma Track and Trace Solutions Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Pharma Track and Trace Solutions Market Size 2013-2023
2.1.2 Pharma Track and Trace Solutions Market Size CAGR by Region
2.2 Pharma Track and Trace Solutions Segment by Type
2.2.1 Barcodes
2.2.2 RFID
2.3 Pharma Track and Trace Solutions Market Size by Type
2.3.1 Global Pharma Track and Trace Solutions Market Size Market Share by Type (2013-2018)
2.3.2 Global Pharma Track and Trace Solutions Market Size Growth Rate by Type (2013-2018)
2.4 Pharma Track and Trace Solutions Segment by Application
2.4.1 Bio Pharma
2.4.2 Chemical Pharma
2.4.3 Specially Pharma
2.5 Pharma Track and Trace Solutions Market Size by Application
2.5.1 Global Pharma Track and Trace Solutions Market Size Market Share by Application (2013-2018)
2.5.2 Global Pharma Track and Trace Solutions Market Size Growth Rate by Application (2013-2018)
3 Global Pharma Track and Trace Solutions by Players
3.1 Global Pharma Track and Trace Solutions Market Size Market Share by Players
3.1.1 Global Pharma Track and Trace Solutions Market Size by Players (2016-2018)
3.1.2 Global Pharma Track and Trace Solutions Market Size Market Share by Players (2016-2018)
3.2 Global Pharma Track and Trace Solutions Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
..............
11 Key Players Analysis
11.1 Optel Vision
11.1.1 Company Details
11.1.2 Pharma Track and Trace Solutions Product Offered
11.1.3 Optel Vision Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.1.4 Main Business Overview
11.1.5 Optel Vision News
11.2 Siemens
11.2.1 Company Details
11.2.2 Pharma Track and Trace Solutions Product Offered
11.2.3 Siemens Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.2.4 Main Business Overview
11.2.5 Siemens News
11.3 IBM
11.3.1 Company Details
11.3.2 Pharma Track and Trace Solutions Product Offered
11.3.3 IBM Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.3.4 Main Business Overview
11.3.5 IBM News
11.4 Axway
11.4.1 Company Details
11.4.2 Pharma Track and Trace Solutions Product Offered
11.4.3 Axway Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.4.4 Main Business Overview
11.4.5 Axway News
11.5 Mettler-Toledo
11.5.1 Company Details
11.5.2 Pharma Track and Trace Solutions Product Offered
11.5.3 Mettler-Toledo Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.5.4 Main Business Overview
11.5.5 Mettler-Toledo News
11.6 Systech
11.6.1 Company Details
11.6.2 Pharma Track and Trace Solutions Product Offered
11.6.3 Systech Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.6.4 Main Business Overview
11.6.5 Systech News
11.7 SAP
11.7.1 Company Details
11.7.2 Pharma Track and Trace Solutions Product Offered
11.7.3 SAP Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.7.4 Main Business Overview
11.7.5 SAP News
11.8 Seidenader Maschinenbau
11.8.1 Company Details
11.8.2 Pharma Track and Trace Solutions Product Offered
11.8.3 Seidenader Maschinenbau Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.8.4 Main Business Overview
11.8.5 Seidenader Maschinenbau News
11.9 Antares Vision
11.9.1 Company Details
11.9.2 Pharma Track and Trace Solutions Product Offered
11.9.3 Antares Vision Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.9.4 Main Business Overview
11.9.5 Antares Vision News
11.10 Sea Vision
11.10.1 Company Details
11.10.2 Pharma Track and Trace Solutions Product Offered
11.10.3 Sea Vision Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2016-2018)
11.10.4 Main Business Overview
11.10.5 Sea Vision News
……Continued
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