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Global Track and Trace Solutions Market, 2022 by Type (Plant Manager, Checkweigher, Barcode Scanner, Monitoring), Technology (2D Barcode, RFID), Application (Serialization, Aggregations, Reporting)
[March 13, 2018]

Global Track and Trace Solutions Market, 2022 by Type (Plant Manager, Checkweigher, Barcode Scanner, Monitoring), Technology (2D Barcode, RFID), Application (Serialization, Aggregations, Reporting)


DUBLIN, March 13, 2018 /PRNewswire/ --

The "Track and Trace Solutions Market by Type (Plant Manager, Checkweigher, Barcode Scanner, Monitoring), Technology (2D Barcode, RFID), Application (Serialization, Aggregations, Reporting), End User - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering

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The track and trace solutions market is expected to reach USD 3.93 billion by 2023 from USD 1.65 billion in 2018, at a CAGR of 18.9%.

The growth of this market is mainly attributed to the stringent regulations and standards for the implementation of serialization, increasing focus of manufacturers on brand protection, growth in the medical devices and pharmaceutical industries, and rising number of packaging related product recalls. However, the high cost of serialization and aggregation is expected to hinder the growth of this market up to a certain extent.

Based on serialization type, the track and tarce solutions market is segmented into bottle serialization, blister serialization, vials & ampoules serialization, carton serialization, and medical device serialization. The carton serialization segment is expected to register the highest CAGR during the forecast period owing to the increasing awareness on supply chain efficiency in the pharmaceutical and medical devices industry.

 

On the basis of technology, the track and trace solutions market is segmented into linear barcodes, 2D barcodes, and Radio Frequency Identification (RFID). The 2D barcodes segment accounted for the major share of the track and trace solutions market for technology during the forecast period.

The increasing preference for 2D barcodes in packaging over linear barcodes due to the advantages of 2D barcodes such as they have higher data storage capacities as well as contain large amounts of data with fewer variations in image size are expected to drive the demand for 2D barcodes in this segment.

Geographically, the track and trace solutions market is broadly segmented into five major geographies, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa. In 2017, North America commanded a major share of the track and trace solutions market. However, APAC is expected to witness the highest growth during the forecast period.

Growth in this market is driven by a number of factors, such as the growing pharmaceutical and medical devices market, increasing focus of prominent players on emerging Asian countres, increasing healthcare expenditure, and rising awareness on advanced track and trace solutions.



Key Topics Covered:


1. Introduction
1.1 Objectives Of The Study
1.2 Definition
1.3 Study Scope
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2. Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown And Data Triangulation
2.4 Market Share Estimation
2.5 Assumptions For The Study

3. Executive Summary

4. Premium Insights
4.1 Track And Trace Solutions Market Overview
4.2 Asia Pacific: Track And Trace Solutions Market, By End User And Country
4.3 Geographical Snapshot Of The Track And Trace Solutions Market
4.4 Track And Trace Solutions Market: Regional Mix
4.5 Track And Trace Solutions Market, Developing Vs. Developed Countries

5. Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Stringent Regulations & Standards For The Implementation Of Serialization
5.2.1.2 Increasing Focus Of Manufacturers On Brand Protection
5.2.1.3 Growth In The Number Of Packaging-Related Product Recalls
5.2.1.4 Growth In The Medical Devices And Pharmaceutical Industries
5.2.2 Restraint
5.2.2.1 High Costs Associated With Serialization And Aggregation
5.2.3 Opportunities
5.2.3.1 Growing Number Of Manufacturing Facilities In Developing Regions
5.2.3.2 Technological Advancements
5.2.4 Challenge
5.2.4.1 Lack Of Common Standards For Serialization And Aggregation

6. Industry Insights
6.1 Introduction
6.2 Industry Trends
6.2.1 Adoption Of E-Pedigree Technology
6.2.2 Increasing Consolidation Among Market Players
6.2.3 Growing Demand For L4 And L5 Track And Trace Solutions In The Pharmaceutical Industry For Compliance Management
6.3 Global Pharamaceutical Track And Trace Solutions Market: Penetration And Opportunity
6.4 Regulatory Analysis
6.4.1 North America
6.4.2 Europe
6.4.3 Asia Pacific
6.4.4 Latin America And Middle East & Africa

7. Track And Trace Solutions Market, By Type
7.1 Introduction
7.2 Software
7.2.1 Plant Manager
7.2.2 Line Controller
7.2.3 Enterprise And Network Manager
7.2.4 Bundle Tracking
7.2.5 Case Tracking
7.2.6 Warehouse And Shipment Manager
7.2.7 Pallet Tracking
7.3 Hardware
7.3.1 Printing And Marking
7.3.2 Barcode Scanners
7.3.3 Monitoring And Verification
7.3.4 Labeling
7.3.5 Checkweighers
7.3.6 Rfid Readers

8. Track And Trace Solutions Market, By Technology
8.1 Introduction
8.2 2D Barcodes
8.3 Radiofrequency Identification (Rfid)
8.4 Linear/1D Barcodes

9. Track And Trace Solutions Market, By Application
9.1 Introduction
9.2 Serialization Solutions
9.2.1 Carton Serialization
9.2.2 Bottle Serialization
9.2.3 Blister Serialization
9.2.4 Vial And Ampoule Serialization
9.2.5 Medical Device Serialization
9.3 Aggregation Solutions
9.3.1 Case Aggregation
9.3.2 Pallet Aggregation
9.3.3 Bundle Aggregation
9.4 Tracking, Tracing, & Reporting Solutions

10. Track And Trace Solutions Market, By End User
10.1 Introduction
10.2 Pharmaceutical & Biopharmaceutical Companies
10.3 Medical Device Companies
10.4 Cosmetic Industry
10.5 Other End Users

11. Track And Trace Solutions Market, By Region

12. Competitive Landscape
12.1 Overview
12.2 Market Share Analysis
12.2.1 Track And Trace Hardware Systems Market
12.2.2 Track And Trace Software Solutions Market
12.3 Competitive Situation And Trends
12.3.1 Product Launches
12.3.2 Agreements, Partnerships, And Collaborations
12.3.3 Acquisitions
12.3.4 Expansions

13. Company Profiles

  • Acg Worldwide
  • Adents
  • Antares Vision
  • Axway
  • Krber Medipak Systems
  • Mettler Toledo
  • Optel Group
  • Sea Vision
  • Siemens
  • Systech
  • Tracelink
  • Xyntek
  • Zebra Technologies

For more information about this report visit https://www.researchandmarkets.com/research/fdbz87/global_track_and?w=5

Media Contact:


Research and Markets
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SOURCE Research and Markets


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