Press release
Exclusive Growth Of Track and Trace Solutions Market 2020:Rising Trends And Demand Analysis By Antares Vision; Axway; METTLER TOLEDO; OPTEL GROUP; TraceLink; ACG; Adents; Körber AG; Siemens AG; Systech International; Robert Bosch Packaging Technology GmbH
Global track and trace solutions market is expected to rise to an estimated value of USD 6.00 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing awareness regarding the protection of unique medical products as well as the increasing commercialization of medical devices globally.Global Track and Trace Solutions Market Report 2020, Forecast to 2026 studies market status and outlook from the view of players, countries, product types, and end industries. The report offers an industry overview covering insightful data on market growth, historical & futuristic cost, revenue, demand, and supply data (as applicable). The report analyzes the top players in the global track and trace solutions market and splits the market by product type and applications/end industries. The report presents comprehensive data that enhances the understanding, scope, and application of this report. The report also explores the current outlook in global and key regions from the perspective of players, countries, product types, and end industries.
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Few of the major competitors currently working in the global track and trace solutions market are Antares Vision; Axway; METTLER TOLEDO; OPTEL GROUP; TraceLink; ACG; Adents; Körber AG; Siemens AG; Systech International; Robert Bosch Packaging Technology GmbH; Zebra Technologies Corp.; Uhlmann; RFXCEL CORP.; Weber Marking Systems GmbH; Marchesini Group S.p.A.; Global Healthcare Exchange, LLC; PharmaSecure Inc. and Zetes among others.
Key Developments in the Market:
In August 2017, TraceLink announced that they had acquired ROC IT Solutions, establishing TraceLink as the leader of data assessment and capturing provider for serialization of products for the pharmaceutical market. This will ensure that the users can exchange the product data from their inventories across the different supply chain network users.
In June 2017, TraceLink announced the launch of "Automated Validation Manager (AVM)". The web-based solution offering is designed to be integrated with TraeLink's "Life Sciences Cloud" consistently which will restrict the usage of having to do manual validation while this validation cycle will provide complete information with just logging in to the web portal
Market Drivers
Increasing prevalence of regulations for the implementation of unique identification methods for products from the authorities are factors driving the growth of the market
Increasing number of products being recalled by various manufacturers and healthcare companies requiring better inventory management; this factor is expected to drive the growth of the market
Increasing prevalence of generic and over-the-counter medicine products is also expected to drive the growth of the market
Rising prevalence of counterfeit medical products and pharmaceuticals flooding the market
Market Restraints
Large financial costs associated with the establishment and operations of these solutions is expected to restrict its complete adoption
Increasing consumption of resources to implement the components required for the functioning of this solution is expected to hinder the growth of the market
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Track and Trace Solutions Market Landscape
o Market Ecosystem
o Market Characteristics
o Market Segmentation Analysis
Part 05: Market Sizing
o Market Definition
o Market Sizing 2018
o Market Size And Forecast 2018-2025
Part 06: Customer Landscape
Part 07: Track and Trace Solutions Market Regional Landscape
o Geographical Segmentation
o Regional Comparison
o Americas - Market Size And Forecast 2019-2026
o EMEA - Market Size And Forecast 2019-2026
o APAC - Market Size And Forecast 2019-2026
Part 08: Decision Framework
Part 09: Drivers And Challenges
o Market Drivers
o Market Challenges
Part 10: Track and Trace Solutions Market Trends
Part 11: Vendor Landscape
o Overview
o Landscape Disruption
o Vendors Covered
o Vendor Classification
o Market Positioning Of Vendors
Get Full Table Of content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-track-and-trace-solutions-market
Segmentation: Global Track and Trace Solutions Market
By Product
Software
Plant Manager
Line Controller
Enterprise & Network Manager
Bundle Tracking
Case Tracking
Warehouse & Shipment Manger
Pallet Tracking
Hardware Components
Printing & Marking
Barcode Scanners
Monitoring & Verification
Labelers
Checkweighers
RFID Readers
Standalone Platforms
By Application
Serialization
Carton Serialization
Bottle Serialization
Medical Device Serialization
Blister Serialization
Vial & Ampoule Serialization
Label Serialization
Data Matrix Serialization
Aggregation
Case Aggregation
Pallet Aggregation
Bundle Aggregation
Tracking, Tracing & Reporting
By Technology
Real-Time Locating System (RTLS)
2D Barcodes
Radiofrequency Identification (RFID)
Linear Barcodes
By End-User
Pharmaceutical & Biotechnology Companies
Medical Device Companies
Cosmetic Industry
Food & Beverages
Consumer Goods
Luxury Goods
Others
By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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