Increasing adoption of track and trace solutions among pharmaceutical and medical device companies is one among the key influences improving the development of the market. Drug counterfeiting is one among the main problems encountered by biopharmaceutical and pharmaceutical companies. Hereafter, companies are adopting such solutions for mitigating the danger connected to counterfeiting drugs and provide chain monitoring. Тrасk аnd trасе ѕоlutіоnѕ аrе соnсеrnеd with the dіѕtrіbutіоn аnd lоgіѕtісѕ оf wіdе rаngе оf рrоduсtѕ, whісh fасіlіtаtеѕ аѕсеrtаіnіng thе рrеѕеnt аnd рrеvіоuѕ lосаtіоn оf thе оbјесt оf іntеrеѕt. Тhеѕе ѕоlutіоnѕ іnсludе рrосеѕѕ оf dеtеrmіnіng dеtаіlеd іnfоrmаtіоn оf unіquе оbјесt оr іtеm. Іn аddіtіоn, trасk аnd trасе ѕоlutіоnѕ hаvе аbіlіtу to identify thе оrіgіn аѕ wеll аѕ vаrіоuѕ ѕtаgеѕ оf соnѕumрtіоn оf gооdѕ that аrе рrоduсеd оr mаnufасturеd іn thе dіѕtrіbutіоn рrосеѕѕеѕ. But, high cost related with execution of track & trace solutions and lack of worldwide standards and regulations for serialization may restrict the market growth within the upcoming years.
The track and trace solutions market is projected to reach US$ 6.50 billion by 2028 at a CAGR of 14.2%.
Global Track and Trace Solutions market is segmented based on the Application as Bronchoscopy, Colonoscopy, Arthroscopy and GI Endoscopy, Laparoscopy, Cystoscopy. On the basis of Product as, the global Track and Trace Solutions market is segregated as, Endoscope Flexible, Rigid, Capsule, Visualization Systems, Endoscopic Ultrasound, Insufflator
Global Track and Trace Solutions market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Track and Trace Solutions market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Track and Trace Solutions market manufacturers. The revenue generated from the sales of Track and Trace Solutions manufacturer has been calculated through primary and secondary research.
The market size estimation also considered leading players OPTEL Group (Canada), Mettler-Toledo International Inc. (US), Systech International Inc. (US), TraceLink Inc. (US), Antares Vision (Italy), SAP (US), Xyntek Inc. (US), Adents International (France), SEA Vision Srl (Italy), Robert Bosch (Germany), Körber Medipak Systems AG (Switzerland), Siemens AG (Germany), Uhlmann Group (Germany), Jekson Vision (India), Videojet Technologies, Inc. (US), Zebra Technologies Corporation (US), Axway Inc. (US), NJM Packaging (US), rfxcel Corporation (US), ACG Worldwide (India), Laetus GmbH (Germany), WIPOTEC-OCS (Germany), Domino Printing Sciences plc (UK), Kevision Systems (India), Grant Soft (Turkey), SL Control Ltd. (US), and Arvato Bertelsmann (Germany) Availability Services among others operating in the Track and Trace Solutions market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.
The Track and Trace Solutions Market has been segmented as below:
Track and Trace Solutions Market, By Product
Track and Trace Solutions Market, By End User
Track and Trace Solutions Market, By Technology
Track and Trace Solutions Market, By Region
Report scope:
The global Track and Trace Solutions market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.
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1 Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2 Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.3.1 Secondary Research
2.3.2 Primary Research
2.3.3 Models for Estimation
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach – Segmental Market Analysis
2.4.2 Top-Down Approach – Parent Market Analysis
3 Executive Summary
4 Track and Trace Solutions Market, By Product
4.1 Introduction
4.2 Hardware Components
4.2.1 Labelers
4.2.2 Checkweighers
4.2.3 RFID Readers
4.2.4 Printing & Marking
4.2.5 Barcode Scanners
4.2.6 Monitoring & Verification
4.2.6.1 Market Overview
4.2.6.2 Market Size and Forecast
4.3 Standalone Platforms
4.3.1 Market Overview
4.3.2 Market Size and Forecast
4.4 Software
4.4.1 Enterprise & Network Manager
4.4.2 Bundle Tracking
4.4.3 Case Tracking
4.4.4 Warehouse & Shipment Manager
4.4.5 Pallet Tracking
4.4.6 Plant Manager
4.4.7 Line Controller
4.4.7.1 Market Overview
4.4.7.2 Market Size and Forecast
5 Track and Trace Solutions Market, By End User
5.1 Introduction
5.2 Medical Device Companies
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Cosmetic Industry
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Pharmaceutical & Biopharmaceutical Companies
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Other End Users
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6 Track and Trace Solutions Market, By Technology
6.1 Introduction
6.2 Linear Barcodes
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Radiofrequency Identification
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 2D Barcodes
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7 Track and Trace Solutions Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 By Product
7.2.2 By End User
7.2.3 By Technology
7.2.4 By Country
7.2.4.1 U.S.
7.2.4.2 Canada
7.2.4.3 Mexico
7.3 Europe
7.3.1 By Technology
7.3.2 By Product
7.3.3 By End User
7.3.4 By Country
7.3.4.1 U.K
7.3.4.2 Germany
7.3.4.3 Italy
7.3.4.4 France
7.3.4.5 Rest of Europe
7.4 Asia-Pacific
7.4.1 By Technology
7.4.2 By Product
7.4.3 By End User
7.4.4 By Country
7.4.4.1 China
7.4.4.2 Australia
7.4.4.3 Japan
7.4.4.4 South Korea
7.4.4.5 India
7.4.4.6 Rest of APAC
7.5 Rest of the World
7.5.1 By Technology
7.5.2 By Product
7.5.3 By End User
The Track and Trace Solutions Market has been segmented as below:
Track and Trace Solutions Market, By Product
Track and Trace Solutions Market, By End User
Track and Trace Solutions Market, By Technology
Track and Trace Solutions Market, By Region
