The “Track and Trace Solutions Market by Product (Plant Manager, Checkweigher, Barcode Scanner, Monitoring), Technology (2D Barcode, RFID), Application (Serialization, Aggregation, Reporting), End User (Pharma, Food, Medical Devices) – Global Forecast to 2026″, is projected to reach USD 7.3 billion by 2026 from USD 4.1 billion in 2021, at a CAGR of 12.1% during the forecast period.COVID-19 Impact on the Track and Trace Solutions Market;COVID-19 is an infectious disease caused by the most recently discovered novel coronavirus.Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.The World Health Organization (WHO) declared COVID-19 as a pandemic on March 11, 2020.Since the beginning of 2020, most countries worldwide shut down their borders and limited transportation in a bid to contain the coronavirus (COVID-19) outbreak, thus, creating impediments for international trade and transportation.This disrupted the supply chains for the track and trace market, temporarily leading to a fall in demand due to uncertainty in the global economy and capital markets.We estimate that the major share of the medical device industry, which includes imaging devices, dental care devices, and surgical products, contributes 60–75% of the overall medical devices market.A new USD-5–7 billion market opportunity (by 2021) is opening up in the medical devices industry, including critical care medical devices.Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=158898570“The 2D Barcode segment accounted for the largest market share in 2020.”Based on technology, the track and trace solutions market is segmented into linear barcodes, 2D barcodes, and radiofrequency identification (RFID).
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The “Track and Trace Solutions Market by Product (Plant Manager, Checkweigher, Barcode Scanner, Monitoring), Technology (2D Barcode, RFID), Application (Serialization, Aggregation, Reporting), End User (Pharma, Food, Medical Devices) – Global Forecast to 2026″, is projected to reach USD 7.3 billion by 2026 from USD 4.1 billion in 2021, at a CAGR of 12.1% during the forecast period.COVID-19 Impact on the Track and Trace Solutions Market;COVID-19 is an infectious disease caused by the most recently discovered novel coronavirus.Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.The World Health Organization (WHO) declared COVID-19 as a pandemic on March 11, 2020.Since the beginning of 2020, most countries worldwide shut down their borders and limited transportation in a bid to contain the coronavirus (COVID-19) outbreak, thus, creating impediments for international trade and transportation.This disrupted the supply chains for the track and trace market, temporarily leading to a fall in demand due to uncertainty in the global economy and capital markets.We estimate that the major share of the medical device industry, which includes imaging devices, dental care devices, and surgical products, contributes 60–75% of the overall medical devices market.A new USD-5–7 billion market opportunity (by 2021) is opening up in the medical devices industry, including critical care medical devices.Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=158898570“The 2D Barcode segment accounted for the largest market share in 2020.”Based on technology, the track and trace solutions market is segmented into linear barcodes, 2D barcodes, and radiofrequency identification (RFID).
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The major factors driving the growth of Track and Trace Solutions Market include the stringent regulations & standards for the implementation of serialization, increasing focus of manufacturers on brand protection, growth in the number of packaging-related product recalls, and growth in the medical device industry.The study involved the extensive use of both primary and secondary sources.The research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, competitive leadership mapping, key market dynamics, and key player strategies.Secondary Research;Secondary research process involves the widespread use of secondary sources, directories, databases (such as Bloomberg Businessweek, Factiva, and D Hoovers), white papers, annual reports, company house documents, investor presentations, and SEC filings of companies.Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the track and trace solutions market.A database of the key industry leaders was also prepared using secondary research.Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=158898570Expected Revenue Surge: The track and trace solutions market is projected to reach USD 4.21 billion by 2024 from USD 2.16 billion in 2019, at a CAGR of 14.2%.Geographical Scenario in Depth:North America accounted for the largest share of the track and trace solutions market in 2018, followed by Europe.Factors such as the presence of a large number of pharmaceutical & biotechnology companies and medical device manufacturers, stringent regulations regarding serialization, and the growing medical devices market, are driving the growth of the market in North America.Leading Key-Players:Prominent players in the track and trace solutions market are 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).OPTEL Vision is a leading provider in the track and trace hardware market.This can be attributed to its highly diversified track and trace product portfolio, which includes track & trace and serialization solutions for pharmaceutical and medical device companies.
According MarketsandMarkets Research – The Track and Trace Solutions Market is projected to reach USD 4.21 billion by 2024 from USD 2.16 billion in 2019, at a CAGR of 14.2%.Market Segmentation in Detailed:Based on types of software, the track and trace solutions market is segmented into plant manager, line controller, enterprise & network manager, bundle tracking, warehouse & shipment manager, case tracking, and pallet tracking software.The rising need to secure the supply chain of pharmaceutical and medical devices manufacturing industries along with strict government legislation are the key factors driving the growth of the plant manager segment.Based on application, the track and trace solutions market is segmented into serialization, aggregation, and tracking, tracing, and reporting solutions.The tracking, tracing, & reporting solutions segment is expected to register the highest CAGR during the forecast period.The high growth of this segment is attributed to the increasing number of regulations such as DSCSA, UDI, and Medical Device Reporting (MDR) for medical devices and pharmaceutical products.Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=158898570APAC region is expected to grow at the highest CAGR during the forecast periodThe track and trace solutions market in APAC is expected to grow at the highest CAGR during the forecast period.The expanding pharmaceutical market and the implementation of stringent regulations to enhance the quality and reliability of pharmaceutical drugs are the key drivers for market growth in this region.Recent Developments;– In 2018, Antares Vision launched its product, ATSFOUR, an enterprise-level serialization software solution.The new ATSFOUR integrates the Antares Tracking System architecture and offers a comprehensive solution which allows the widest connection capability for any traceability network.– In 2018, Ropack Pharma Solutions (Canada) signed an agreement with TraceLink (US) in order to achieve DSCSA compliance for its pharmaceutical customers.– In 2017, OPTEL Group (Canada) acquired Verify Brand LLC (US).
According MarketsandMarkets Research – The Anatomic Pathology Track and Trace Solutions Market is estimated to grow at a CAGR of 10.4% during the forecast period to reach USD 695.7 million.The increasing volume of diagnostic tests performed in anatomic pathology laboratories, rising number of legal cases around cancer misdiagnosis, benefits of automated labeling solutions, increasing consolidation among anatomic pathology laboratories, and the growing adoption of automated systems to enhance the efficiency of laboratories are the major factors driving the growth of this market.Objectives of the StudyTo define, describe, and forecast the market on the basis of product, technology, application, end user, and regionTo provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall marketTo forecast the size of the anatomic pathology track and trace solutions market with respect to North America, Europe, Asia Pacific, and the Rest of the WorldRequest Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=124099392Software segment is expected to account for the largest share of the anatomic pathology track and trace solutions marketOn the basis of product, broadly segmented into software, hardware, and consumables.In 2018, the software segment is expected to account for the largest share of this market.This can majorly be attributed to the growing need to automate the sample labeling process for reducing manual errors, increasing focus on improving the efficiency of anatomic laboratories, growing adoption of cloud-based LIMS, and the increasing workload in anatomic pathology laboratories.Slide tracking segment is expected to register the highest CAGR in the anatomic pathology track and trace solutions market.Based on application, segmented into slide tracking, tissue cassettes and blocks tracking, and specimen tracking.The slide tracking segment is estimated to register the highest CAGR during the forecast period primarily due to the implementation of tracking systems for reducing specimen identification errors and increasing workflow efficiency in anatomic pathology laboratories.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=124099392North America is expected to account for the largest share of the anatomic pathology track and trace solutions market in 2018, followed by Europe.The increasing volume of diagnostic tests performed in anatomic pathology laboratories, easy accessibility to advanced technologies, growing demand for advanced cancer diagnostic testing and screening, favorable reimbursement scenario for anatomic pathology diagnostic tests, increasing healthcare expenditure, and the strong presence of leading market players in the region are the major factors responsible for the large share of North America in the market.The key players operating in the global anatomic pathology track and trace solutions market are Thermo Fisher Scientific (US), Leica Biosystems (Germany), General Data Healthcare (US), Ventana Medical Systems (US), Agilent Technologies (US), Sunquest Information Systems (US), Zebra Technologies Corporation (US), Primera Technology (US), Cerebrum Corporation (US), AP Easy Software Solutions (US), and LigoLab (US). 
According to the new market research report “Track and Trace Solutions Market by Product (Plant Manager, Checkweigher, Barcode Scanner, Verification) Technology (2D Barcode, RFID) Application (Serialization, Aggregations, Reporting) End User (Pharmaceutical, Medical Devices) – Global Forecast” published by MarketsandMarkets™.How the Market Growth looks like and Industry Segmentation?The Track and Trace Solutions Market is projected to reach USD 4.21 billion by 2024 from USD 2.16 billion in 2019, at a CAGR of 14.2%.Based on types of software, the track and trace solutions market is segmented into plant manager, line controller, enterprise & network manager, bundle tracking, warehouse & shipment manager, case tracking, and pallet tracking software.The plant manager segment accounted for the largest market share in 2018.The rising need to secure the supply chain of pharmaceutical and medical devices manufacturing industries along with strict government legislation are the key factors driving the growth of the plant manager segment.Based on application, the track and trace solutions market is segmented into serialization, aggregation, and tracking, tracing, and reporting solutions.The tracking, tracing, & reporting solutions segment is expected to register the highest CAGR during the forecast period.The high growth of this segment is attributed to the increasing number of regulations such as DSCSA, UDI, and Medical Device Reporting (MDR) for medical devices and pharmaceutical products.Browse 264 market data Tables and 52 Figures spread through 300 Pages and in-depth TOC – Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=158898570Recent Developments in Industry:In 2018, Antares Vision launched its product, ATSFOUR, an enterprise-level serialization software solution.The new ATSFOUR integrates the Antares Tracking System architecture and offers a comprehensive solution which allows the widest connection capability for any traceability network.In 2018, Ropack Pharma Solutions (Canada) signed an agreement with TraceLink (US) in order to achieve DSCSA compliance for its pharmaceutical customers.In 2017, OPTEL Group (Canada) acquired Verify Brand LLC (US).
According to the new market research report “Anatomic Pathology Track and Trace Solutions Market by Product (Software, Hardware (Printer & Labeling Systems), Consumables), Technology (Barcode, RFID), Application (Tissue Cassette, Slide Tracking), End User (Hospital Labs) – Global Forecast” published by MarketsandMarkets™.How the Market Growth looks like and Industry Segmentation?The Anatomic Pathology Track and Trace Solutions Market is estimated to grow at a CAGR of 10.4%, to reach $695.7 million.On the basis of product, the market is broadly segmented into software, hardware, and consumables.In 2018, the software segment is expected to account for the largest share of this market.This can majorly be attributed to the growing need to automate the sample labeling process for reducing manual errors, increasing focus on improving the efficiency of anatomic laboratories, growing adoption of cloud-based LIMS, and the increasing workload in anatomic pathology laboratories.Based on application, the anatomic pathology track and trace solutions market is segmented into slide tracking, tissue cassettes and blocks tracking, and specimen tracking.The slide tracking segment is estimated to register the highest CAGR during the forecast period primarily due to the implementation of tracking systems for reducing specimen identification errors and increasing workflow efficiency in anatomic pathology laboratories.Browse 112 market data Tables and 34 Figures spread through 164 Pages and in-depth TOC – Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=124099392What Key Factors will Drives the Market Growth?Increasing Volume of Diagnostic Tests Performed in Anatomic Pathology LaboratoriesIncreasing Number of Legal Cases Around Cancer MisdiagnosisIncreasing Consolidation Among Anatomic Pathology LaboratoriesIncreasing Adoption of Automated Systems to Enhance Laboratory EfficiencyRapid Growth in the Emerging Markets of APAC and Latin AmericaGeographic Analysis;Further breakdown of the APAC market into Japan, China, and IndiaFurther breakdown of the Rest of the World market into Latin America and the Middle East & AfricaNorth America is expected to account for the largest share of the anatomic pathology track and trace solutions market in 2018, followed by Europe.The increasing volume of diagnostic tests performed in anatomic pathology laboratories, easy accessibility to advanced technologies, growing demand for advanced cancer diagnostic testing and screening, favorable reimbursement scenario for anatomic pathology diagnostic tests, increasing healthcare expenditure, and the strong presence of leading market players in the region are the major factors responsible for the large share of North America in the track and trace solutions market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=124099392Major Key Players Mapped in Research Report:The key players operating in the global anatomic pathology track and trace solutions market are Thermo Fisher Scientific (US), Leica Biosystems (Germany), General Data Healthcare (US), Ventana Medical Systems (US), Agilent Technologies (US), Sunquest Information Systems (US), Zebra Technologies Corporation (US), Primera Technology (US), Cerebrum Corporation (US), AP Easy Software Solutions (US), and LigoLab (US).
The major factors driving the growth of this Track and Trace Solutions Market include the stringent regulations & standards for the implementation of serialization, increasing focus of manufacturers on brand protection, increasing number of packaging-related product recalls, high growth in the generic and OTC markets, and the growing medical device industry.What the Market Looks Like?The Global Market Predicted to grow at a CAGR of 14.2% during the forecast period, the Global Track and Trace Solutions Market is estimated to reach USD 4.21 billion by the end of 2024.In 2018, North America held the largest market share, followed by Europe and Asia-Pacific.However, Asia-Pacific is expected to register the fastest growth over the forecast periodBased on types of software, the Track and Trace Solutions Market is segmented into plant manager, line controller, enterprise & network manager, bundle tracking, warehouse & shipment manager, case tracking, and pallet tracking software.The rising need to secure the supply chain of pharmaceutical and medical devices manufacturing industries along with strict government legislation are the key factors driving the growth of the plant manager segment.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=158898570On the basis of technology, the Track and Trace Solutions Market is segmented into linear barcodes, 2D barcodes, and Radio Frequency Identification (RFID).2D barcodes are preferred for packaging over linear barcodes as they have a higher data storage capacity and contain large amounts of data with fewer variations in image size.
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