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Pharmaceutical Traceability Market – 33% of Growth to Originate from Asia|Evolving


NEW YORK, April 25, 2022 /PRNewswire/ — Pharmaceutical Traceability Market Facts at a Glance-

Technavio has announced its latest market research report titled
 Pharmaceutical Traceability Market by Type and Geography - Forecast and Analysis 2020-2024

Technavio has announced its latest market research report titled Pharmaceutical Traceability Market by Type and Geography – Forecast and Analysis 2020-2024

  • Total Pages: 120

  • Companies: 10+ – Including Alien Technology LLC, Avery Dennison Corp., Cognex Corp., Datalogic Spa, Dover Corp., Impinj Inc., MicroTag Temed Ltd., Mettler-Toledo International Inc., Optel Group, and Zebra Technologies Corp. among others.

  • Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis

  • Segments: Type (barcode, RFID, GPS, and others)

  • Geographies: North America, Asia, Europe, and ROW

To understand more about Market Dynamics. Download our sample report

The Pharmaceutical Traceability Market size is expected to increase by USD 4.18 billion from 2019 to 2024, at an accelerated CAGR of 21% as per the latest market report by Technavio. 33% of the market’s growth will originate from Asia during the forecast period. China and Japan are the key markets for pharmaceutical traceability in Asia. Market growth in this region will be faster than the growth of the market in the European and North American regions. North America is another region showing major market growth. The prevalence and incidence of chronic diseases in North America have increased significantly. In order to reduce deaths due to chronic diseases, pharmaceutical companies are primarily focusing on the development of novel drugs that offer proper treatment to the patient population. The increasing presence of global and local pharmaceutical companies has increased the availability of drug molecules for various therapeutic applications.

Download Sample: for more additional information about the key countries in Asia

Vendor Insights-

The Pharmaceutical Traceability Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.

  • Alien Technology LLC – The company offers RFID ICs, RFID readers and antennas, and RFID tags and labels.

Find additional highlights on the vendors and their product offerings. Download Sample Report

Latest Drivers & Challenges in the Market-

Find additional information about various other market Drivers & Challenges – Download a sample report.

Didn’t Find What You Were Looking For? Customize Report-

Don’t miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

For customization – Speak to our Analyst now!

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Pharmaceutical Traceability Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of about 21%

Market growth 2020-2024

USD 4.18 billion

Market structure

Fragmented

YoY growth (%)

18.98

Performing market contribution

Asia at 33%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alien Technology LLC, Avery Dennison Corp., Cognex Corp., Datalogic Spa, Dover Corp., Impinj Inc., MicroTag Temed Ltd., Mettler-Toledo International Inc., Optel Group, and Zebra Technologies Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

Five Forces Analysis

Market Segmentation by Type

  • Market segments

  • Comparison by Type

  • Barcode – Market size and forecast 2019-2024

  • RFID – Market size and forecast 2019-2024

  • GPS – Market size and forecast 2019-2024

  • Others – Market size and forecast 2019-2024

  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America – Market size and forecast 2019-2024

  • Asia – Market size and forecast 2019-2024

  • Europe – Market size and forecast 2019-2024

  • ROW – Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Volume drivers – Demand led growth

  • Market challenges

  • Market trends

Vendor Landscape

  • Overview

  • Vendor landscape

  • Landscape disruption

Vendor Analysis

Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
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Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technavio (PRNewsfoto/Technavio)

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SOURCE Technavio



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