openPR Logo
Press release

Track and Trace Solutions Market to Drive Massive Growth during 2019-2027 Owing to Developing Stringent Regulations & Criteria for the Implementation of Serialization

08-14-2019 08:36 PM CET | Health & Medicine

Press release from: The Insight Partners

Track and Trace Solutions Market

Track and Trace Solutions Market

Track and Trace Solutions market report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth. Track and Trace Solutions Market is anticipated to grow with a massive CAGR of 15.3% and is expected to cross US$ 6,049.0 Million during 2019-2027.

The Asia Pacific track and trace solutions market is expected to grow at highest rate during the forecast period owing to developments in the healthcare systems and industries, rise in the product innovations in China, rise in programs and initiatives in countries. In addition, emergence of new local players with competitive product portfolio are expected to fuel the market growth in Asia Pacific region.

Get Sample Copy of the Report at – http://tiny.cc/9of7az

Companies Profiles Include: OPTEL GROUP, Axway, Körber Medipak Systems AG, ZIH Corp., Siemens AG, TraceLink, Antares Vision, RFXCEL CORP., SEA VISION S.r.l., Adents and others.

What the report features:-

- Global analysis of Track and Trace Solutions market from 2017 – 2027 illustrating the progression of the market.

- Forecast and analysis of Track and Trace Solutions market by Dosage, Route of Administration and Application from 2017 – 2027

- Forecast and analysis of Track and Trace Solutions market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

Stringent regulations & criteria for the implementation of serialization, increase in the number of packaging-related product recalls, and rising focus of manufacturers on brand protection. However, the factors such as high cost of products & implementation and shortage of skilled operators are likely to impact the growth of the market in the forecast period.

For instance, in May 2019, OPTEL GROUP entered into an agreement with Nelipak Healthcare Packaging, a full-service global provider of custom thermoformed packaging in the field of medical devices and pharmaceuticals. The strategy would be used to explore commercial opportunities to bring a new seal inspection technology to the medical device market. The developments performed by the companies are helping the market to grow in the coming years.

Avail Discount on this Report at - http://tiny.cc/vpf7az

Strategic Insights

Strategic acquisition and product launches were observed as the most adopted strategy in global track and trace solutions industry. Few of the recent product launch and acquisitions are listed below;
2019: SEA Vision Group completed the acquisition of Lixis, provider of pharmaceutical vision, control and serialization. The acquisition would help the former company to hold a stronger position in the LATAM market.

2018: OPTEL acquired GeoTraceability, a provider of technical solutions to increase the visibility of suppliers and products in intricate supply chains. This strategic move has helped OPTEL expand its traceability offering.

2017: rfxcel Corporation acquired Frequentz, Inc., a provider of life science and food traceability. The acquisition has enabled rfxcel to offer better serialization and traceability solutions.

The importance of brand protection is not new to the industry, customers' increasing access to information requires even greater focus by companies to protect their brands and work to maintain and build customer trust. This customer trust is a foundation upon which companies live. The damage to the image of brand often occurs through product related crime, with sub-standard or dangerous counterfeits and/or products that have been subject to tampering. Sometimes, these events have catastrophic results.

Purchase this Report at - http://tiny.cc/cqf7az

Reasons to Buy the Report:

- Learn about the driving factors, affecting the market growth.

- Imbibe the advancements and progress in the market during the forecast period.

- Understand where the market opportunities lies.

- Compare and evaluate various options affecting the market.

- Pick up on the leading market players within the market.

- Envision the restrictions and restrains that are likely to hamper the market.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Track and Trace Solutions Market to Drive Massive Growth during 2019-2027 Owing to Developing Stringent Regulations & Criteria for the Implementation of Serialization here

News-ID: 1822401 • Views: 370

More Releases from The Insight Partners

Surgical Lasers Market To See Significant Growth during the Forecast Period of 2 …
Laser surgery is a type of surgery that utilises special light beams instead of surgical instruments for surgical procedures. LASER stands for "Light Amplification by the Stimulated Emission of Radiation." With advancement in medicine, lasers are increasingly used for treatment of a variety of diseases as they are less invasive treatment. The laser treatment is widely used in areas like cancer, tumor ablation, dermatology, skin rejuvenation, lipolysis, cardiology, atrial fibrillation
Gynecology Lasers Market Development Opportunities, Demands and Revenue Growth T …
The gynecology lasers are used for the treatment of many female genital tract diseases with applications in colposcopy, laparoscopy and hysteroscopy which offers many advantages over the traditional techniques or open surgery. These laser procedures minimize the surgical invasiveness, duration of surgery, morbidity, damage to surrounding tissue and also ensure more rapid healing of patients with lower incidence of complications. These provide adequate visualization, optimal thermal control, and exact tissue
Civil Drones Market Forecast to 2027 with Supply, Demand, SWOT Analysis and Key …
Worldwide Civil Drones Market Analysis to 2027 is a specialized and in-depth study of the Civil Drones Industry with a focus on the global market trend. The report aims to provide an overview of global Civil Drones Market with detailed market segmentation by product/application and geography. The global Civil Drones Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status
Acupuncture Lasers Market Global Industry Analysis, Market Share, Industry Growt …
Laser acupuncture is an alternative treatment to traditional needle acupuncture. This non-invasive technique uses laser stimulation to excite precise points on the body similar to the traditional acupuncture that helps to activate their functions and affect deep tissue layers. Small sized laser lights are attached to the body using medical grade tape that acts as alternatives to needles to stimulate acupuncture points. The acupuncture laser treatment has received more acceptability

All 5 Releases


More Releases for Trace

Trace Thomas Joins Muzit Advisory Board
Co-founder of Masterlab, Skyview Systems to advise Big Data Company MUZIT For Immediate Release Orlando, FL (January 9, 2019): Muzit Inc. a big data company for the entertainment industry announced today that Trace Thomas has joined the Muzit Advisory Board. Thomas, co-founder of Masterlab and Skyview Systems, has been an Executive Advisor, Developer and Technology Evangelist for Sony, Apple, Sonic Solutions, Avid Technology, and assisted several great upstarts including CoSA After Effects (acquired
Explosive Trace Detection Market - Future profitability 2028 | FLIR Systems, Inc …
Global Explosive Trace Detection Market: Overview The global explosive trace detection market is prognosticated to witness a surge in its growth due to the increase in terrorist activities across the world. One of the primary factors augmenting the demand in the global explosive trace detection market could be the growing need to improve security screening procedures. There are a number of government regulations implemented to bring a much needed change in
Global Explosive Trace Detection Market Analysis & Forecast 2018-2025
UpMarketResearch published an exclusive report on “Explosive Trace Detection Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 105 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Explosive Trace Detection market, especially in North America, Europe and Asia-Pacific, South America,
Global Explosive Trace Detection Market Research Report 2018
This report studies the global Explosive Trace Detection market status and forecast, categorizes the global Explosive Trace Detection market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa). Explosives Trace Detectors (ETD) are explosive discovery hardware ready to distinguish explosives of trace amount. The
Trace heating App for Android by Quintex
We published our trace heating app today. ( https://play.google.com/store/apps/details?id=appinventor.ai_gschmahl1005.traceheatingpipe_multilang ). The App is bilingual (English,German) With this App you can calculate a heat loss table for different pipe sizes and insulation thickness and design a trace heating circuit based on pipe data. A material list for the designed circuit will be generated. You can save all data on your phone and import this file to a spreadsheet program to build up
Tank/vessel trace heating online calculation
For years it has been possible to carry out online calculations for trace heating of pipes on the homepage of Quintex GmbH / To compliment this we have now added a trace heating online calculation for tanks and vessels on our homepage As well as the many online pricing calculations offered on the Quintex homepage e.g. Linebushings for Exd enclosures or Exd to Exe enclosure combinations; Distribution boxes in GRP or