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Pharmaceutical Anti-Counterfeiting Technologies Market Size, Share and Strategies for Growth 2023-2030 | 3M Company, 3S Simons Security Systems, Alien Technology

07-20-2023 09:09 AM CET | Health & Medicine

Press release from: INFINITY BUSINESS INSIGHTS

Pharmaceutical Anti-Counterfeiting Technologies Market

From 2023 to 2030, the market for Pharmaceutical Anti-Counterfeiting Technologie is anticipated to expand at a CAGR of 9.5%, reaching USD 268.9 billion. Increased government efforts to raise public awareness about fake medications, the growing availability of counterfeit pharmaceuticals, and technical improvements in pharmaceutical anti-counterfeiting technology all contribute to the market's growth. Authentication technology and track and trace technology are the two main market segments for pharmaceutical anti-counterfeiting technologies. Physical, chemical, and biological characteristics are further separated in authentication technologies. RFID, barcodes, and serialization are further categories within track and trace technology. One of the main factors propelling the expansion of the market for pharmaceutical anti-counterfeiting technology is the rising availability of counterfeit medications. Pharmaceuticals that are manufactured and sold with the aim of misleading customers regarding their origin, validity, or efficacy are considered counterfeit. Consumers who purchase counterfeit drugs run a major danger to their health since they could not contain the right chemicals or be of low quality. Another important reason propelling the growth of the pharmaceutical anti-counterfeiting technology market is the increase in government activities to raise public awareness about phony medications.

During the projection period, the Asia-Pacific region is anticipated to have the highest market for pharmaceutical anti-counterfeiting technology. The rising need for medicines in developing nations like China and India is what is fueling the expansion of the Asia-Pacific area. During the projection period, the North American region is anticipated to be the second-largest market for pharmaceutical anti-counterfeiting technology. The rising public awareness of the risks posed by fake medications and the high cost of healthcare in the United States are the main factors driving the rise of the North American area.

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The Key companies profiled in the Pharmaceutical Anti-Counterfeiting Technologie Market:

The study examines the Pharmaceutical Anti-Counterfeiting Technologie Market's competitive landscape and includes data on 3M Company, 3S Simons Security Systems, Alien Technology, Alpvision, Angstrom Technologies, ThermoFisher Scientific, Authentix, Avery Dennison Corporation, Colorcon, Covectra, Everest Holovisions, Sanofi, 999 Group, Bayer group, AstraZeneca, Ball Packaging, ACG-Worldwide, Acsis, Alliance for Safe Online Pharmacies, Amcor, Atlantic Zeiser, Amgen, Alcan Packaging, AlpVision, Axway, Applied DNA Sciences & Others.

Global Pharmaceutical Anti-Counterfeiting Technologie Market Split by Product Type and Applications

This report segments the Pharmaceutical Anti-Counterfeiting Technologie Market on the basis of Types:
Holograms
Colour Shifting Inks
LaserSecure
FluxSecure
DNASecure
BitSecure
Track and Trace Technologies

On the basis of Application, the Pharmaceutical Anti-Counterfeiting Technologie Market is segmented into:
Liquid
Tablet
Capsules
Suppositories
Drops
Inhalers
Injections
Others

Key Features of Pharmaceutical Anti-Counterfeiting Technologie Market
Serialization and Track & Trace: Advanced technologies enable the unique identification and tracking of pharmaceutical products throughout the supply chain, helping to prevent counterfeiting and ensuring product authenticity.
Holograms and Security Labels: Holographic labels and security features offer visual authentication, making it difficult for counterfeiters to replicate, ensuring the safety of medicines.
RFID and NFC Tags: Radio-frequency identification (RFID) and Near Field Communication (NFC) tags enable real-time tracking and authentication of pharmaceutical products, enhancing supply chain visibility and combating counterfeit products.
Tamper-Evident Packaging: Anti-counterfeiting technologies include tamper-evident packaging solutions that provide visible evidence of any attempts at unauthorized access, ensuring product integrity and safety.

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In recent years, there have been notable developments in the pharmaceutical anti-counterfeiting technologies market. Companies are increasingly focusing on the development of advanced technologies to enhance product security and traceability. For example, the integration of blockchain technology has gained attention for its potential in improving supply chain transparency and authentication of pharmaceutical products. Additionally, advancements in authentication technologies, such as unique QR codes, RFID tags, and mobile applications, are being utilized to provide real-time authentication and track-and-trace capabilities.

Cumulative Impact of COVID-19 on Market:
A few countries' economies and territories have suffered as a result of the COVID-19 episode's lockdowns, travel economic sanctions, and friend dismissals. Due to the pandemic, the global market is one of the primary organizations experiencing significant disruptions such as production network disruptions, innovation event abrogations, and work climate terminations. With its presence and substantial unprocessed material suppliers, China is a global contemporary major economic power.

Reasons Why You Should Buy This Report:
1.To gain an in-depth understanding of Market
2.To obtain research-based business decisions and add weight to presentations and marketing strategies
3.To gain competitive knowledge of leading market players
4.It gives pin point investigation of changing rivalry elements and keeps you in front of contenders.
5.It helps in settling on educated business choices by having total bits of knowledge of market and by making inside and out investigation of market sections.

Major Points from Table of Contents:

1 Pharmaceutical Anti-Counterfeiting Technologie Market Overview
2 Company Profiles
3 Pharmaceutical Anti-Counterfeiting Technologie Market Competition, by Players
4 Pharmaceutical Anti-Counterfeiting Technologie Market Size Segment by Type
5 Pharmaceutical Anti-Counterfeiting Technologie Market Size Segment by Application
6 North America by Country, by Type, and by Application
7 Europe by Country, by Type, and by Application
8 Asia-Pacific by Region, by Type, and by Application
9 South America by Country, by Type, and by Application
10 Middle East & Africa by Country, by Type, and by Application
11 Research Findings and Conclusion
12 Appendix...

Browse complete Pharmaceutical Anti-Counterfeiting Technologie Market report details with table of contents and list of figures click here 
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FAQs
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About Us:
Infinity research reports, custom research reports, and consulting services are all offered by the market research and consulting firm Infinity Research. Our products are solely focused on your need to identify, track, and assess changes in consumer behavior across demographics and industries so that customers may make wiser business decisions. Our market intelligence studies cover a variety of industries, including Healthcare, Touch Points, Chemicals, Types, and Energy, and guarantee accurate and factual research. To guarantee that our clients are aware of the most recent market trends, we regularly update our research services. The professional analysts at Infinity Research come from a wide range of specialties. Our clients can gain an advantage thanks to our expertise in the field and capacity to come up with a workable solution to any research issues.

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