DUBLIN, Dec. 21, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Track and Trace Solutions Market 2014 - 2025" report to their offering.
The global track and trace solutions market size is expected to reach USD 5.2 billion by 2025.
The track and trace solutions market is anticipated to witness a high growth during the forecast period from 2016 to 2025. The high growth is attributed to a majority of factors, such as the increasing focus of pharmaceutical & biopharmaceutical companies on ensuring brand protection. The pharmaceuticals & medical devices manufacturers encounter a major threat from counterfeit products and theft. The deployment of track and trace solution helps manufacturers enhance distribution channel efficiency and reduces the frequency of counterfeit products.
Furthermore, rising adoption of track and trace solution by healthcare manufacturers would fuel the market growth in the long run. Introduction of advanced technology, such as RFID, provides fast reading and delivers high levels of security. However, the deployment cost of serialization & aggregation solutions, as well as lack of common regulations and standards,is expected to hamper market growth.
North America is estimated to reign the global market in the year 2015. The rising implementation of regulatory standards & regulations along with high adoption rate of track and trace solutions by consumers is anticipated to contribute to the market growth.
- Mettler-Toledo International, Inc.
- Optel Vision
- TraceLink, Inc.
- Adents International
- Antares Vision srl
- Siemens AG
- Seidenader Maschinenbau GmbH
- ACG Worldwide
- Systech, Inc.
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Track & Trace Solutions Market Variables, Trends & Scope
4. Track & Trace Solutions Market: Product Estimates & Trend Analysis
5. Track & Trace Solutions Market: Technology Estimates & Trend Analysis
6. Track & Trace Solutions Market: Application Estimates & Trend Analysis
7. Track & Trace Solutions Market: End Use Estimates & Trend Analysis
8. Track and Trace Solutions Market: Regional Estimates & Trend Analysis
9. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/wfjd72/track_and_trace
Laura Wood, Senior Manager
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SOURCE Research and Markets