Press release
Pharma Track and Trace Solutions Market to witness astonishing growth: Expected to reach 19 million US$ by the end of 2025
HTF MI recently introduced Global Pharma Track and Trace Solutions Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Optel Vision, Siemens, IBM, Axway, Mettler-Toledo, Systech, SAP, Seidenader Maschinenbau, Antares Vision, Sea Vision, TraceLink, Adents International, Xyntek, Holoflex & ACG Worldwide etc.Request Sample of Global Pharma Track and Trace Solutions Market Size, Status and Forecast 2025 @: https://www.htfmarketreport.com/sample-report/874191-global-pharma-track-and-trace-solutions-market
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.
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.
In 2017, the global Pharma Track and Trace Solutions market size was 840 million US$ and it is expected to reach 19 million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
This report studies the Global Pharma Track and Trace Solutions market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Pharma Track and Trace Solutions market by companies, region, type and end-use industry.
Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on " Pharma Track and Trace Solutions Market by Type (, Barcodes & RFID), by End-Users/Application (Bio Pharma, Chemical Pharma & Specially Pharma), Organization Size, Industry, and Region - Forecast to 2023". Early buyers will receive 10% customization on comprehensive study.
In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.
Enquire for customization in Report @ https://www.htfmarketreport.com/enquiry-before-buy/874191-global-pharma-track-and-trace-solutions-market
Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Optel Vision, Siemens, IBM, Axway, Mettler-Toledo, Systech, SAP, Seidenader Maschinenbau, Antares Vision, Sea Vision, TraceLink, Adents International, Xyntek, Holoflex & ACG Worldwide includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.
Market Segments:
The Global Pharma Track and Trace Solutions Market has been divided into type, application, and region.
On The Basis Of Type: , Barcodes & RFID.
On The Basis Of Application: Bio Pharma, Chemical Pharma & Specially Pharma
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Pharma Track and Trace Solutions in these regions, from 2013 to 2023 (forecast), covering
• North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
Buy Single User License of Global Pharma Track and Trace Solutions Market Size, Status and Forecast 2025 @ https://www.htfmarketreport.com/buy-now?format=1&report=874191
Have a look at some extracts from Table of Content
Introduction about Global Pharma Track and Trace Solutions
Global Pharma Track and Trace Solutions Market Size (Sales) Market Share by Type (Product Category) in 2017
Pharma Track and Trace Solutions Market by Application/End Users
Global Pharma Track and Trace Solutions Sales (Volume) and Market Share Comparison by Applications
(2013-2023) table defined for each application/end-users like [Bio Pharma, Chemical Pharma & Specially Pharma]
Global Pharma Track and Trace Solutions Sales and Growth Rate (2013-2023)
Pharma Track and Trace Solutions Competition by Players/Suppliers, Region, Type and Application
Pharma Track and Trace Solutions (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Pharma Track and Trace Solutions Players/Suppliers Profiles and Sales Data
Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers
Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include , Barcodes & RFID
Pharma Track and Trace Solutions Manufacturing Cost Analysis
Pharma Track and Trace Solutions Key Raw Materials Analysis
Pharma Track and Trace Solutions Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2018-2023)
........and more in complete table of Contents
Browse for Full Report at: https://www.htfmarketreport.com/reports/874191-global-pharma-track-and-trace-solutions-market
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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