Track and trace solutions are not just economic measures for supply-chain efficiency. Experts estimate that 5% of all drugs sold worldwide are counterfeits – in some countries, figures even reach a shocking 50 %. Billions of products are “lost in the supply chain” every year. Counterfeit drugs and product diversion risk lives, undermine revenues, and threaten company reputations. The pharmaceutical industry needs to ensure supply-chain security and gain the ability to authenticate the ePedigree, or life history, of a product.
Track and trace solutions are an essential part of this strategy. Track and trace solutions identify the origins of a pharmaceutical industry product and verify its authenticity. Moreover, track and trace solutions also help combat product diversion, whereby legitimate products are diverted from one market to another, with implications for licensing obligations and distribution agreements as well as for revenues.
Scope of the Report:
In the last several years, global market of Pharma Track and Trace Solutions developed rapidly, with an average growth rate of 17%. In 2017, global revenue of Pharma Track and Trace Solutions is about 840 million USD.
The classification of Pharma Track and Trace Solutions includes Barcodes and RFID. The proportion of Barcodes in 2016 is about 72.4%, and the proportion of RFID in 2016 is about 27.6%. Barcodes technology reported largest revenue share of the track and trace solutions sector in 2017. The 2D barcode is the largest segment of barcodes technology and is expected to maintain its position throughout the study period. The increased application of 2D barcodes in pharmaceutical & biopharmaceutical product packaging is a major factor that contributed to the higher revenue share.
Pharma Track and Trace Solutions are application in Bio Pharma, Chemical Pharma and Specially Pharma. The most of Pharma Track and Trace Solutions is used in Chemical Pharma, and the market share of that is about 69.5 % in 2017.
The global Pharma Track and Trace Solutions market is valued at 840 million USD in 2018 and is expected to reach 2380 million USD by the end of 2024, growing at a CAGR of 18.9% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Pharma Track and Trace Solutions.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Pharma Track and Trace Solutions market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Pharma Track and Trace Solutions market by product type and applications/end industries.
Market Segment by Companies, this report covers
Optel Vision
Siemens
IBM
Axway
Mettler-Toledo
Systech
SAP
Seidenader Maschinenbau
Antares Vision
Sea Vision
TraceLink
Adents International
Xyntek
Holoflex
ACG Worldwide
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Barcodes
RFID
Market Segment by Applications, can be divided into
Bio Pharma
Chemical Pharma
Specially Pharma
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Pharma Track and Trace Solutions Market Overview
1.1 Product Overview and Scope of Pharma Track and Trace Solutions
1.2 Classification of Pharma Track and Trace Solutions by Types
1.2.1 Global Pharma Track and Trace Solutions Revenue Comparison by Types (2019-2024)
1.2.2 Global Pharma Track and Trace Solutions Revenue Market Share by Types in 2018
1.2.3 Barcodes
1.2.4 RFID
1.3 Global Pharma Track and Trace Solutions Market by Application
1.3.1 Global Pharma Track and Trace Solutions Market Size and Market Share Comparison by Applications (2014-2024)
1.3.2 Bio Pharma
1.3.3 Chemical Pharma
1.3.4 Specially Pharma
1.4 Global Pharma Track and Trace Solutions Market by Regions
1.4.1 Global Pharma Track and Trace Solutions Market Size (Million USD) Comparison by Regions (2014-2024)
1.4.1 North America (USA, Canada and Mexico) Pharma Track and Trace Solutions Status and Prospect (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Pharma Track and Trace Solutions Status and Prospect (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Pharma Track and Trace Solutions Status and Prospect (2014-2024)
1.4.4 South America (Brazil, Argentina, Colombia) Pharma Track and Trace Solutions Status and Prospect (2014-2024)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Pharma Track and Trace Solutions Status and Prospect (2014-2024)
1.5 Global Market Size of Pharma Track and Trace Solutions (2014-2024)
2 Manufacturers Profiles
2.1 Optel Vision
2.1.1 Business Overview
2.1.2 Pharma Track and Trace Solutions Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Optel Vision Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.2 Siemens
2.2.1 Business Overview
2.2.2 Pharma Track and Trace Solutions Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Siemens Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.3 IBM
2.3.1 Business Overview
2.3.2 Pharma Track and Trace Solutions Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 IBM Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.4 Axway
2.4.1 Business Overview
2.4.2 Pharma Track and Trace Solutions Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Axway Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.5 Mettler-Toledo
2.5.1 Business Overview
2.5.2 Pharma Track and Trace Solutions Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Mettler-Toledo Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.6 Systech
2.6.1 Business Overview
2.6.2 Pharma Track and Trace Solutions Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Systech Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.7 SAP
2.7.1 Business Overview
2.7.2 Pharma Track and Trace Solutions Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 SAP Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.8 Seidenader Maschinenbau
2.8.1 Business Overview
2.8.2 Pharma Track and Trace Solutions Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Seidenader Maschinenbau Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.9 Antares Vision
2.9.1 Business Overview
2.9.2 Pharma Track and Trace Solutions Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Antares Vision Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.10 Sea Vision
2.10.1 Business Overview
2.10.2 Pharma Track and Trace Solutions Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 Sea Vision Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.11 TraceLink
2.11.1 Business Overview
2.11.2 Pharma Track and Trace Solutions Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 TraceLink Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.12 Adents International
2.12.1 Business Overview
2.12.2 Pharma Track and Trace Solutions Type and Applications
2.12.2.1 Product A
2.12.2.2 Product B
2.12.3 Adents International Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.13 Xyntek
2.13.1 Business Overview
2.13.2 Pharma Track and Trace Solutions Type and Applications
2.13.2.1 Product A
2.13.2.2 Product B
2.13.3 Xyntek Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.14 Holoflex
2.14.1 Business Overview
2.14.2 Pharma Track and Trace Solutions Type and Applications
2.14.2.1 Product A
2.14.2.2 Product B
2.14.3 Holoflex Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
2.15 ACG Worldwide
2.15.1 Business Overview
2.15.2 Pharma Track and Trace Solutions Type and Applications
2.15.2.1 Product A
2.15.2.2 Product B
2.15.3 ACG Worldwide Pharma Track and Trace Solutions Revenue, Gross Margin and Market Share (2017-2018)
3 Global Pharma Track and Trace Solutions Market Competition, by Players
3.1 Global Pharma Track and Trace Solutions Revenue and Share by Players (2014-2019)
3.2 Market Concentration Rate
3.2.1 Top 5 Pharma Track and Trace Solutions Players Market Share
3.2.2 Top 10 Pharma Track and Trace Solutions Players Market Share
3.3 Market Competition Trend
4 Global Pharma Track and Trace Solutions Market Size by Regions
4.1 Global Pharma Track and Trace Solutions Revenue and Market Share by Regions
4.2 North America Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
4.3 Europe Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
4.4 Asia-Pacific Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
4.5 South America Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
4.6 Middle East and Africa Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
5 North America Pharma Track and Trace Solutions Revenue by Countries
5.1 North America Pharma Track and Trace Solutions Revenue by Countries (2014-2019)
5.2 USA Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
5.3 Canada Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
5.4 Mexico Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
6 Europe Pharma Track and Trace Solutions Revenue by Countries
6.1 Europe Pharma Track and Trace Solutions Revenue by Countries (2014-2019)
6.2 Germany Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
6.3 UK Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
6.4 France Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
6.5 Russia Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
6.6 Italy Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
7 Asia-Pacific Pharma Track and Trace Solutions Revenue by Countries
7.1 Asia-Pacific Pharma Track and Trace Solutions Revenue by Countries (2014-2019)
7.2 China Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
7.3 Japan Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
7.4 Korea Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
7.5 India Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
7.6 Southeast Asia Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
8 South America Pharma Track and Trace Solutions Revenue by Countries
8.1 South America Pharma Track and Trace Solutions Revenue by Countries (2014-2019)
8.2 Brazil Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
8.3 Argentina Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
8.4 Colombia Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
9 Middle East and Africa Revenue Pharma Track and Trace Solutions by Countries
9.1 Middle East and Africa Pharma Track and Trace Solutions Revenue by Countries (2014-2019)
9.2 Saudi Arabia Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
9.3 UAE Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
9.4 Egypt Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
9.5 Nigeria Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
9.6 South Africa Pharma Track and Trace Solutions Revenue and Growth Rate (2014-2019)
10 Global Pharma Track and Trace Solutions Market Segment by Type
10.1 Global Pharma Track and Trace Solutions Revenue and Market Share by Type (2014-2019)
10.2 Global Pharma Track and Trace Solutions Market Forecast by Type (2019-2024)
10.3 Barcodes Revenue Growth Rate (2014-2024)
10.4 RFID Revenue Growth Rate (2014-2024)
11 Global Pharma Track and Trace Solutions Market Segment by Application
11.1 Global Pharma Track and Trace Solutions Revenue Market Share by Application (2014-2019)
11.2 Pharma Track and Trace Solutions Market Forecast by Application (2019-2024)
11.3 Bio Pharma Revenue Growth (2014-2019)
11.4 Chemical Pharma Revenue Growth (2014-2019)
11.5 Specially Pharma Revenue Growth (2014-2019)
12 Global Pharma Track and Trace Solutions Market Size Forecast (2019-2024)
12.1 Global Pharma Track and Trace Solutions Market Size Forecast (2019-2024)
12.2 Global Pharma Track and Trace Solutions Market Forecast by Regions (2019-2024)
12.3 North America Pharma Track and Trace Solutions Revenue Market Forecast (2019-2024)
12.4 Europe Pharma Track and Trace Solutions Revenue Market Forecast (2019-2024)
12.5 Asia-Pacific Pharma Track and Trace Solutions Revenue Market Forecast (2019-2024)
12.6 South America Pharma Track and Trace Solutions Revenue Market Forecast (2019-2024)
12.7 Middle East and Africa Pharma Track and Trace Solutions Revenue Market Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Pharma Track and Trace Solutions Picture
Table Product Specifications of Pharma Track and Trace Solutions
Table Global Pharma Track and Trace Solutions and Revenue (