Press release
Track and Trace Solutions Market to Grow Significantly at a CAGR of 16.5% by 2025 | Axway Inc, Adents International, Optel Vision, Mettler-Toledo International, Systech
Track and Trace Solutions Market
In 2018, the global Track and Trace Solutions market size was 1380 million US$ and it is expected to reach 4700 million US$ by the end of 2025, with a CAGR of 16.5% during 2019-2025.
Geographically, North America dominated the global healthcare track and trace solutions market in 2015. The large share of this region can be attributed to presence of developed healthcare systems in the U.S. & Canada and growing R&D spending on pharmaceuticals & biotechnology in this region. The Asia-Pacific region is expected to register the highest CAGR, due to the growth in research activities & pharmaceutical manufacturing and increasing investments by leading players and respective government agencies in the region.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Track and Trace Solutions Market: Axway Inc, Adents International, Optel Vision, Mettler-Toledo International, Systech, TraceLink, Antares Vision, Xyntek, Sea Vision Srl, Siemens AG, Seidenader Maschinenbau GmbH, ACG Worldwide and others.
Industry News:
NORTH READING, Mass., April 16, 2020 - TraceLink Inc., the leading digital platform company for the life sciences industry, today announced a new package of agile solutions designed to digitalize the pharmaceutical supply chain. In response to COVID-19, TraceLink has prioritized its product roadmap and investment strategy to focus on delivering solutions that will have an immediate impact in helping companies meet unforeseen supply chain challenges and ensure the safe delivery of critical medicines and supplies to their patients.
PARIS & EAST WINDSOR, N.J., Feb 6, 2018 - Adents, a leading provider of premier, versatile serialization and track & trace solutions, is launching an online demonstration tool showcasing Adents Prodigi, a Cloud traceability solution that centrally manages pharmaceutical serialization regulatory requirements across a comprehensive set of production and supply chain scenarios. The new, free tool can be accessed by current and prospective Adents customers at adents-prodigi.com
Global Track and Trace Solutions Market Split by Product Type and Applications:
This report segments the global Track and Trace Solutions market on the basis of Types are:
Hardware Systems
Software Solution
On the basis of Application, the Global Track and Trace Solutions market is segmented into:
Pharmaceutical & Biopharmaceutical Companies
Medical Device Companies
Cosmetic Industry
Others
Regional Analysis For Track and Trace Solutions Market:
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 etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Influence of the Track and Trace Solutions Market Report:
-Comprehensive assessment of all opportunities and risk in the Track and Trace Solutions market.
-Detailed study of business strategies for growth of the Track and Trace Solutions market-leading players.
-Conclusive study about the growth plot of Track and Trace Solutions market for forthcoming years.
-In-depth understanding of Track and Trace Solutions market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Track and Trace Solutions market.
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Track and Trace Solutions Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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