EUROPE TRACK AND TRACE SOLUTIONS MARKET 2019-2028

Lifesciences | Healthcare IT

EUROPE TRACK AND TRACE SOLUTIONS MARKET 2019-2028

Market by Product, Technology, Application, End-user, and Country | Forecast 2019-2028

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As per Triton’s report, Europe’s track and trace solutions market is probable to garner a CAGR of 13.51% in revenue during the estimated years of 2019-2028. 


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The countries examined in this market include:

•        The UK

•        Spain

•        Germany

•        Italy

•        France

•        Russia

•        Rest of Europe

In the region, the need to deal with drug counterfeiting and theft has compelled the European Union to implement track and trace solutions in the healthcare supply chain. Additionally, the manufacturers failing to comply with drug serialization regulations are not permitted to market and distribute their products in the region, as per the Falsified Medicines Directive Act. Hence, the region is likely to show high growth in the track and trace solutions market, owing to the implementation of mandatory track and trace standards. For instance, among the countries, France is known to lead the serialization activities. Thus, the execution of track and trace regulations to lower packaging error, batch recalls, and counterfeiting, is expected to contribute to the progress of the track and trace solutions market across Europe.

In Germany, the pharmaceutical sector is thriving as it is considered one of the best destinations for the research and production of several pharma products. Moreover, the supply chain is a crucial process for pharmaceutical companies. In such a scenario, the entry of counterfeit drugs in the supply chain has become a significant issue, influencing the need for track and trace solutions in the sector. Furthermore, the use of track and trace solutions in hospitals has increased due to its application in avoiding medication errors. This further widens the scope and progress of Germany’s track and trace solutions market.

Seidenader Maschinenbau GmbH develops and constructs inspection machines for pharmaceutical companies. It also offers its clientele with brand Traxeed Track & Trace Solutions for trustworthy traceability of their products, protecting against counterfeiting. Moreover, to control and monitor intricate manufacturing and packaging lines, the company develops automation and IT solutions, line management, and others. The company has its headquarter in Germany.

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Table of Content

1.    EUROPE TRACK AND TRACE SOLUTIONS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   RISE IN NUMBER OF PRODUCT RECALLS CREATES DEMAND FOR MARKET

2.2.2.   IOT TECHNOLOGY KEY TO MARKET’S GROWTH

2.2.3.   TRENDS SHOWING GROWTH IN MEDICAL DEVICES AND PHARMACEUTICAL

2.3. EVOLUTION AND TRANSITION OF TRACK AND TRACE SOLUTIONS

2.4. PORTER’S FIVE FORCES ANALYSIS

2.4.1.   THREAT OF NEW ENTRANTS

2.4.2.   THREAT OF SUBSTITUTE

2.4.3.   BARGAINING POWER OF SUPPLIERS

2.4.4.   BARGAINING POWER OF BUYERS

2.4.5.   THREAT OF COMPETITIVE RIVALRY

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. REGULATORY FRAMEWORK

2.8. MARKET DRIVERS

2.8.1.   GROWING NUMBER OF COUNTERFEIT DRUGS

2.8.2.   FAVORABLE REGULATIONS FOR SERIALIZATION IMPLEMENTATION HELPS MARKET GROWTH

2.9. MARKET RESTRAINTS

2.9.1.   HIGH COST OF SOLUTIONS

2.10. MARKET OPPORTUNITIES

2.10.1.BLOCKCHAIN ADOPTION CAN FURTHER INCREASE TRANSPARENCY AND SECURITY

2.10.2. GROWING DEMAND FROM EMERGING REGIONS

2.11. MARKET CHALLENGES

2.11.1. LACK OF COMMON STANDARDS

3.    EUROPE TRACK AND TRACE SOLUTIONS MARKET OUTLOOK - BY PRODUCT

3.1. HARDWARE SYSTEMS

3.1.1.   PRINTING AND MARKING SOLUTIONS

3.1.2.   MONITORING AND VERIFICATION SOLUTIONS

3.1.3.   LABELING SOLUTIONS

3.1.4.   OTHER HARDWARE SYSTEMS

3.2. SOFTWARE SOLUTIONS

3.2.1.   PLANT MANAGER SOFTWARE

3.2.2.   LINE CONTROLLER SOFTWARE

3.2.3.   BUNDLE TRACKING SOFTWARE

3.2.4.   OTHER SOFTWARE SOLUTIONS

4.    EUROPE TRACK AND TRACE SOLUTIONS MARKET OUTLOOK - BY TECHNOLOGY

4.1. BARCODE

4.2. RFID

5.    EUROPE TRACK AND TRACE SOLUTIONS MARKET OUTLOOK - BY APPLICATION

5.1. SERIALIZATION SOLUTIONS

5.1.1.   BOTTLE SERIALIZATION

5.1.2.   LABEL SERIALIZATION

5.1.3.   CARTON SERIALIZATION

5.1.4.   DATA MATRIX SERIALIZATION

5.2. AGGREGATION SOLUTIONS

5.2.1.   BUNDLE AGGREGATION

5.2.2.   CASE AGGREGATION

5.2.3.   PALLET AGGREGATION

6.    EUROPE TRACK AND TRACE SOLUTIONS MARKET OUTLOOK - BY END-USER

6.1. PHARMACEUTICAL COMPANIES

6.2. MEDICAL DEVICE COMPANIES

6.3. OTHER END-USERS

7.    EUROPE TRACK AND TRACE SOLUTIONS MARKET - REGIONAL OUTLOOK

7.1. UNITED KINGDOM

7.2. GERMANY

7.3. FRANCE

7.4. SPAIN

7.5. ITALY

7.6. RUSSIA

7.7. REST OF EUROPE

8.    COMPETITIVE LANDSCAPE

8.1. ACG GROUP

8.2. ANTARES VISION SPA

8.3. AXWAY

8.4. METTLER TOLEDO INTERNATIONAL INC

8.5. RFXCEL CORPORATION

8.6. OPTEL GROUP

8.7. SEIDENADER MASCHINENBAU GMBH

8.8. SEA VISION SRL

8.9. TRACELINK INC

8.10. SIEMENS AG

8.11. SYSTECH INTERNATIONAL

8.12. KORBER AG

8.13. XYNTEK INC

8.14. ZEBRA TECHNOLOGIES CORPORATION

9.    METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of table

TABLE 1. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

TABLE 2. MARKET ATTRACTIVENESS INDEX

TABLE 3. VENDOR SCORECARD

TABLE 4. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY PRODUCT, 2019-2028 (IN $ MILLION)

TABLE 5. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY HARDWARE SYSTEMS, 2019-2028 (IN $ MILLION)

TABLE 6. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY SOFTWARE SOLUTIONS, 2019-2028 (IN $ MILLION)

TABLE 7. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)

TABLE 8. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 9. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY SERIALIZATION SOLUTIONS, 2019-2028 (IN $ MILLION)

TABLE 10. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY AGGREGATION SOLUTIONS, 2019-2028 (IN $ MILLION)

TABLE 11. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY END-USER 2019-2028 (IN $ MILLION)

TABLE 12. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

List of Figures

FIGURE 1. PORTER’S FIVE FORCES ANALYSIS

FIGURE 2. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY HARDWARE SYSTEMS, 2019-2028 (IN $ MILLION)

FIGURE 3. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY PRINTING AND MARKING SOLUTIONS, 2019-2028 (IN $ MILLION)

FIGURE 4. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY MONITORING AND VERIFICATION SOLUTIONS, 2019-2028 (IN $ MILLION)

FIGURE 5. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY LABELING SOLUTIONS, 2019-2028 (IN $ MILLION)

FIGURE 6. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY OTHER HARDWARE SYSTEMS, 2019-2028 (IN $ MILLION)

FIGURE 7. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY SOFTWARE SOLUTIONS, 2019-2028 (IN $ MILLION)

FIGURE 8. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY PLANT MANAGER SOFTWARE, 2019-2028 (IN $ MILLION)

FIGURE 9. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY LINE CONTROLLER SOFTWARE, 2019-2028 (IN $ MILLION)

FIGURE 10. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY BUNDLE TRACKING SOFTWARE, 2019-2028 (IN $ MILLION)

FIGURE 11. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY OTHER SOFTWARE SOLUTIONS, 2019-2028 (IN $ MILLION)

FIGURE 12. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY BARCODE, 2019-2028 (IN $ MILLION)

FIGURE 13. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY RFID, 2019-2028 (IN $ MILLION)

FIGURE 14. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY SERIALIZATION SOLUTIONS, 2019-2028 (IN $ MILLION)

FIGURE 15. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY BOTTLE SERIALIZATION, 2019-2028 (IN $ MILLION)

FIGURE 16. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY LABEL SERIALIZATION, 2019-2028 (IN $ MILLION)

FIGURE 17. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY CARTON SERIALIZATION, 2019-2028 (IN $ MILLION)

FIGURE 18. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY DATA MATRIX SERIALIZATION, 2019-2028 (IN $ MILLION)

FIGURE 19. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY AGGREGATION SOLUTIONS, 2019-2028 (IN $ MILLION)

FIGURE 20. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY BUNDLE AGGREGATION, 2019-2028 (IN $ MILLION)

FIGURE 21. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY CASE AGGREGATION, 2019-2028 (IN $ MILLION)

FIGURE 22. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY PALLET AGGREGATION, 2019-2028 (IN $ MILLION)

FIGURE 23. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY PHARMACEUTICAL COMPANIES, 2019-2028 (IN $ MILLION)

FIGURE 24. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY MEDICAL DEVICE COMPANIES, 2019-2028 (IN $ MILLION)

FIGURE 25. EUROPE TRACK AND TRACE SOLUTIONS MARKET, BY OTHER END-USERS, 2019-2028 (IN $ MILLION)

FIGURE 26. EUROPE TRACK AND TRACE SOLUTIONS MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)

FIGURE 27. UNITED KINGDOM TRACK AND TRACE SOLUTIONS MARKET 2019-2028 (IN $ MILLION)

FIGURE 28. GERMANY TRACK AND TRACE SOLUTIONS MARKET 2019-2028 (IN $ MILLION)

FIGURE 29. FRANCE TRACK AND TRACE SOLUTIONS MARKET 2019-2028 (IN $ MILLION)

FIGURE 30. SPAIN TRACK AND TRACE SOLUTIONS MARKET 2019-2028 (IN $ MILLION)

FIGURE 31. ITALY TRACK AND TRACE SOLUTIONS MARKET 2019-2028 (IN $ MILLION)

FIGURE 32. RUSSIA TRACK AND TRACE SOLUTIONS MARKET 2019-2028 (IN $ MILLION)

FIGURE 33. REST OF EUROPE TRACK AND TRACE SOLUTIONS MARKET 2019-2028 (IN $ MILLION)

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