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Track and Trace Solutions Market Is Thriving Worldwide | Top Companies, Latest Innovation, Advance Technology

02-13-2020 12:01 PM CET | Health & Medicine

Press release from: ReportsandReports

Track and Trace Solutions Market Is Thriving Worldwide | Top

According to Market Study Report, Track and Trace Solutions Market provides a comprehensive analysis of the Track and Trace Solutions Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Track and Trace Solutions Market.

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The Track and Trace Solutions Market is projected to reach US$ 4.21 Billion by 2024 from US$ 2.16 Billion in 2019, at a CAGR of 14.2%. This report spread across 301 Pages, Profiling 15 Companies and Supported with 264 Tables and 52 figures is now available in this research.

Top Key Players Profiled in the Track and Trace Solutions Market:
o OPTEL Group (Canada)
o Mettler-Toledo International Inc. (US)
o Systech International Inc. (US)
o TraceLink Inc. (US)
o Antares Vision (Italy)
o SAP (US)
o Xyntek Inc. (US)
o Adents International (France)
o SEA Vision Srl (Italy)
o Robert Bosch (Germany)
o Körber Medipak Systems AG (Switzerland)
o Siemens AG (Germany)
o Uhlmann Group (Germany)
o Jekson Vision (India)

On the basis of product, the track and trace solutions market is segmented into software, hardware components, and standalone platforms. The standalone platforms segment is expected to register the highest CAGR during the forecast period. The stringent government regulations for the implementation of serialization and UDI codes in the pharma and medical device industry, increasing pressure on pharmaceutical companies to adopt serialization, and increasing demand for standalone platforms to reduce the serialization implementation time frame are some of the major factors driving the growth of this market segment.

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"The Tracking, Tracing, and Reporting Segment to Register the Highest CAGR During the Forecast Period."
Based on application, the track and trace solutions market is segmented into serialization; aggregation; and tracking, tracing, and reporting solutions. The tracking, tracing, & reporting solutions segment is expected to register the highest CAGR owing to the increasing number of regulations such as DSCSA, UDI, and Medical Device Reporting (MDR) for medical devices and pharmaceutical products.

"APAC Region is Projected to Witness the Highest Growth During the Forecast Period."
The APAC region is expected to witness the highest CAGR during the forecast period, owing to the expanding pharmaceutical market and the implementation of stringent regulations to enhance the quality and reliability of pharmaceutical drugs as they move from manufacturing to the consumer are the key drivers for market growth in this region.

Competitive Landscape of Track and Trace Solutions Market:
1 Overview
2 Market Share Analysis
2.1 Track and Trace Hardware Components & Standalone Platforms Market
2.2 Track & Trace Software Market Leadership Analysis
3 Competitive Leadership Mapping, 2018
4 Vendor Inclusion Criteria
5 Vendor Dive
5.1 Visionary Leaders
5.2 Innovators
5.3 Emerging Companies
5.4 Dynamic Differentiators
6 Competitive Leadership Mapping - Start-Up/SME
6.1 Progressive Companies
6.2 Starting Blocks
6.3 Responsive Companies
6.4 Dynamic Companies
7 Competitive Situations and Trends
7.1 Product Launches
7.2 Agreements, Partnerships, and Collaborations
7.3 Acquisitions
7.4 Expansions

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Reason to access this report:
o Market Penetration: Comprehensive information on the product portfolios offered by the top players in the global track and trace solutions market

o Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the global track and trace solutions market

o Market Development: Comprehensive information on the lucrative emerging regions by product, technology, application, end user, and region

o Market Diversification: Exhaustive information about new products, growing geographies, and recent developments in the global track and trace solutions market

o Competitive Assessment: In-depth assessment of market shares, growth strategies, revenue analysis, and products of leading players in the global track and trace solutions market

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