The report titled “Track And Trace Solutions Market” has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners, and industry experts.
The Track And Trace Solutions was valued at 20500 Billion US$ in 2019 and is projected to reach 39700 Billion US$ by 2025, at a CAGR of 17.8 % during the forecast period.
devices and pharmaceutical drugs manufacturers. With the rapid adoption of these solutions globally, it is estimated that about 75% of the global medicine supply would be covered by track and trace regulatory norms in the near future.
One of the major problems faced by large scale pharmaceutical and biopharmaceutical companies is drug counterfeiting. To ensure that brands get a share of brand recognition, they are adopting the use of these solutions in supply chain monitoring. These problems have been growing globally, typically in developing countries such as China, South Africa, and India. Counterfeit drugs and theft are hazardous and result in financial harm and unfair competition in both generic and branded drugs. With the advent of track and trace solutions, this problem is expected to be eradicated to a very large extent propelling its increasing adoption among drug manufacturers.
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Top Companies in the Global Track And Trace Solutions Market:
TraceLink, Optel Vision, Siemens AG, Mettler-Toledo International, Axway Inc, Laetus, Adents Internationa, Seidenader Maschinenbau GmbH, Antares Vision, Systech, Xyntek, Sea Vision Srl, ACG Inspection, MGS
News Update:
May 2016 (Laetus)
Laetus has released the S-TTS 2.6.0 version of its Secure-Track & Trace Solutions software (S-TTS). It’s the next version of the well-known software solution for (pharmaceutical) serialisation, aggregation and track & trace, meeting all requirements of international product traceability regulations. Modularity and the multi-level system architecture ensure the highest flexibility and long-term security of investment.
The S-TTS Software Platform is enhanced with new capabilities and delivers a unique user experience. The full range of innovations of the Laetus S-TTS 2.6.0 Software will be demonstrated for the first time at the upcoming Laetus Open House Serialisation 2016, scheduled for June 1st and 2nd at the Track & Trace Academy in Bensheim (Germany).
Markt Schwaben / Germany, May 2017
Track&Trace solutions from a single source: perfect serialization and aggregation With Track&Trace solutions from one single source Seidenader offers responses to current and future specific national requirements.
These facilitate serialization and aggregation from single packs to pallets in line with guidelines. An end-to-end digital product pedigree guarantees the reliable traceability of pharmaceutical products. This means that the risks resulting from product counterfeiting or grey marketing can be reliably excluded. Serialization and aggregation in line with the regulations play an important role in this context at any individual packaging level. In concrete terms, this means: for smallest saleable items, bundles, cases and pallets.
This report segments the global Track And Trace Solutions Market based on Types are:
Hardware Systems
Software Solutions
Based on Application, the Global Track And Trace Solutions Market are Segmented into:
Pharmaceutical & Biopharmaceutical Companies
Medical Device Companies
Cosmetic Industry
Others
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For the comprehensive understanding of market dynamics, the global Track And Trace Solutions Market are analysed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analysed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.
Impact of the Track And Trace Solutions market report:
– A comprehensive evaluation of all opportunities and risks in the market.
– Track And Trace Solutions market ongoing the developments and significant occasions.
– A Detailed study of business techniques for the development of the market-driving players.
– Conclusive study about the improvement plot of Track And Trace Solutions market for approaching years.
– Top to a bottom appreciation of market-express drivers, targets and major littler scale markets.
– Favourable impression inside imperative mechanical and publicize latest examples striking the market.
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What are the Track And Trace Solutions market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the Track And Trace Solutions 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.
We Also Offer Customization on report based on specific client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
The report has 150 tables and figures browse the report description and TOC
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Reference and Source:
https://www.laetus.com/en/laetus-brings-secure-track-trace-to-the-next-level/?cli_action=1591786671.12
https://www.seidenader.de/fileadmin/Seidenader/Press_Releases_News/import/EN/2017-05_Seidenader-Serialization_EN.pdf
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