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Asia-Pacific Track and Trace Solutions Market 2019-2028

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    Report

  • 104 Pages
  • December 2020
  • Region: Asia Pacific
  • Triton Market Research
  • ID: 5205052

MARKET OUTLOOK

This research report on the Asia-Pacific track and trace solutions market calculates the market to develop at a CAGR of 13.04% during the estimated years 2019-2028. India, China, South Korea, Australia & New Zealand, ASEAN countries, Japan, and Rest of APAC collectively structure the market in this region.
In China, the previous tracking system required a linear barcode to be used as a data carrier, which was complex as it had to detect a 20-digit Electronic Drug Monitoring Code. Here, the linear barcode's main drawback was that it needed a higher footprint on the package to attain the necessary information. Besides, the rabies vaccine scandal in China emphasized the importance of deploying efficient track and trace systems. Hence, later on, the Chinese Food and Drug Administration stated its intent to restructure the serialization and traceability regulations, aligning them with international standards. Thus, such regulations are expected to propel the use of track and track systems in the pharmaceutical sector, thereby fueling the track and trace solutions market in China.

Furthermore, in South Korea, healthcare-related investments are significantly higher. One of the major factors affecting the growth of the track and trace solutions market is the growing use of RFID across the country. For instance, the Hanaro Medical Center introduced an intelligent, RFID-based queue management system at its screening center. Patients are given an RFID tag to help in identification, and offers guidance towards the right destinations. This further helps in decreasing the wait time for the patients, advancing their overall experience. Hence, RFIDs in healthcare indicate a robust growth of the track and trace solutions market in South Korea.

COMPETITIVE OUTLOOK

The distinguished companies in this market include Korber AG, ACG Group, Tracelink Inc, Mettler Toledo International Inc, Xyntek Inc, Axway, and Antares Vision SPA.

Table of Contents

1. Asia-Pacific 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. Asia-Pacific 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. Asia-Pacific Track and Trace Solutions Market Outlook - by Technology
4.1. Barcode
4.2. Rfid
5. Asia-Pacific 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. Asia-Pacific Track and Trace Solutions Market Outlook - by End-User
6.1. Pharmaceutical Companies
6.2. Medical Device Companies
6.3. Other End-Users
7. Asia-Pacific Track and Trace Solutions Market - Regional Outlook
7.1. China
7.2. Japan
7.3. India
7.4. South Korea
7.5. Asean Countries
7.6. Australia & New Zealand
7.7. Rest of Asia-Pacific
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 Tables
Table 1. Asia-Pacific Track and Trace Solutions Market, by Country, 2019-2028 (In $ Million)
Table 2. Market Attractiveness Index
Table 3. Vendor Scorecard
Table 4. Asia-Pacific Track and Trace Solutions Market, by Product, 2019-2028 (In $ Million)
Table 5. Asia-Pacific Track and Trace Solutions Market, by Hardware Systems, 2019-2028 (In $ Million)
Table 6. Asia-Pacific Track and Trace Solutions Market, by Software Solutions, 2019-2028 (In $ Million)
Table 7. Asia-Pacific Track and Trace Solutions Market, by Technology, 2019-2028 (In $ Million)
Table 8. Asia-Pacific Track and Trace Solutions Market, by Application, 2019-2028 (In $ Million)
Table 9. Asia-Pacific Track and Trace Solutions Market, by Serialization Solutions, 2019-2028 (In $ Million)
Table 10. Asia-Pacific Track and Trace Solutions Market, by Aggregation Solutions, 2019-2028 (In $ Million)
Table 11. Asia-Pacific Track and Trace Solutions Market, by End-User 2019-2028 (In $ Million)
Table 12. Asia-Pacific Track and Trace Solutions Market, by Country, 2019-2028 (In $ Million)
List of Figures
Figure 1. Porter's Five Forces Analysis
Figure 2. Asia-Pacific Track and Trace Solutions Market, by Hardware Systems, 2019-2028 (In $ Million)
Figure 3. Asia-Pacific Track and Trace Solutions Market, by Printing and Marking Solutions, 2019-2028 (In $ Million)
Figure 4. Asia-Pacific Track and Trace Solutions Market, by Monitoring and Verification Solutions, 2019-2028 (In $ Million)
Figure 5. Asia-Pacific Track and Trace Solutions Market, by Labeling Solutions, 2019-2028 (In $ Million)
Figure 6. Asia-Pacific Track and Trace Solutions Market, by Other Hardware Systems, 2019-2028 (In $ Million)
Figure 7. Asia-Pacific Track and Trace Solutions Market, by Software Solutions, 2019-2028 (In $ Million)
Figure 8. Asia-Pacific Track and Trace Solutions Market, by Plant Manager Software, 2019-2028 (In $ Million)
Figure 9. Asia-Pacific Track and Trace Solutions Market, by Line Controller Software, 2019-2028 (In $ Million)
Figure 10. Asia-Pacific Track and Trace Solutions Market, by Bundle Tracking Software, 2019-2028 (In $ Million)
Figure 11. Asia-Pacific Track and Trace Solutions Market, by Other Software Solutions, 2019-2028 (In $ Million)
Figure 12. Asia-Pacific Track and Trace Solutions Market, by Barcode, 2019-2028 (In $ Million)
Figure 13. Asia-Pacific Track and Trace Solutions Market, by Rfid, 2019-2028 (In $ Million)
Figure 14. Asia-Pacific Track and Trace Solutions Market, by Serialization Solutions, 2019-2028 (In $ Million)
Figure 15. Asia-Pacific Track and Trace Solutions Market, by Bottle Serialization, 2019-2028 (In $ Million)
Figure 16. Asia-Pacific Track and Trace Solutions Market, by Label Serialization, 2019-2028 (In $ Million)
Figure 17. Asia-Pacific Track and Trace Solutions Market, by Carton Serialization, 2019-2028 (In $ Million)
Figure 18. Asia-Pacific Track and Trace Solutions Market, by Data Matrix Serialization, 2019-2028 (In $ Million)
Figure 19. Asia-Pacific Track and Trace Solutions Market, by Aggregation Solutions, 2019-2028 (In $ Million)
Figure 20. Asia-Pacific Track and Trace Solutions Market, by Bundle Aggregation, 2019-2028 (In $ Million)
Figure 21. Asia-Pacific Track and Trace Solutions Market, by Case Aggregation, 2019-2028 (In $ Million)
Figure 22. Asia-Pacific Track and Trace Solutions Market, by Pallet Aggregation, 2019-2028 (In $ Million)
Figure 23. Asia-Pacific Track and Trace Solutions Market, by Pharmaceutical Companies, 2019-2028 (In $ Million)
Figure 24. Asia-Pacific Track and Trace Solutions Market, by Medical Device Companies, 2019-2028 (In $ Million)
Figure 25. Asia-Pacific Track and Trace Solutions Market, by Other End-Users, 2019-2028 (In $ Million)
Figure 26. Asia-Pacific Track and Trace Solutions Market, Regional Outlook, 2019 and 2028 (In %)
Figure 27. China Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 28. Japan Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 29. India Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 30. South Korea Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 31. Asean Countries Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 32. Australia & New Zealand Track and Trace Solutions Market 2019-2028 (In $ Million)
Figure 33. Rest of Asia-Pacific Track and Trace Solutions Market 2019-2028 (In $ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ACG Group
  • Antares Vision Spa
  • Axway
  • Mettler Toledo International Inc
  • Rfxcel Corporation
  • Optel Group
  • Seidenader Maschinenbau GmbH
  • Sea Vision Srl
  • Tracelink Inc
  • Siemens AG
  • Systech International
  • Korber AG
  • Xyntek Inc
  • Zebra Technologies Corporation

Methodology

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