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Global Pharmaceutical Traceability Market 2017-2021

About Pharmaceutical Traceability

Pharmaceutical traceability deals with tracking and tracing a drug's history, location, and application at any point in the supply chain. Serialization is a vital part of pharmaceutical traceability, wherein the medicines are provided with a unique serial number at the unit, lot, and pallet level. This helps in distinguishing the drug from counterfeit drugs and improve the traceability of the pharmaceutical supply chain.

Technavio’s analysts forecast the global pharmaceutical traceability market to grow at a CAGR of 19.25% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global pharmaceutical traceability market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Pharmaceutical Traceability Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Avery Dennison
  • Cognex
  • Datalogic
  • Impinj
  • Zebra Technologies
Other prominent vendors
  • Adents
  • Alien Technology
  • AlpVision
  • Atlantic Zeiser
  • Authentix
  • Axway
  • Bar Code Integrators
  • SATO VICINITY
  • SMARTRAC
  • TraceLink
Market driver
  • Growing concern of drug counterfeit and theft
  • For a full, detailed list, view our report
Market challenge
  • No global standard for serialization of drugs across the world
  • For a full, detailed list, view our report
Market trend
  • Blockchain technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Pharmaceutical Traceability Market 2017-2021

Technavio recognizes the following companies as the key players in the global pharmaceutical traceability market: Avery Dennison, Cognex, Datalogic, Impinj, and Zebra Technologies.

Other Prominent Vendors in the market are: Adents, Alien Technology, AlpVision, Atlantic Zeiser, Authentix, Axway, Bar Code Integrators, SATO VICINITY, SMARTRAC, and TraceLink.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Blockchain technology. Blockchain is a distributed ledger that records and stores information. The main features that make it unique are decentralization and immutability. Another feature is the authentication or verification of the product, before adding an information or giving access to information, the technology uniquely identifies the product.”

According to the report, one of the major drivers for this market is Growing concern of drug counterfeit and theft. Counterfeit drugs are medicines that are manufactured in a fraudulent manner or can be mislabeled with different ingredients, source or other information. Illegal diversion of drugs is a major issue. Illegal diversion is the sales of drugs in countries apart from the ones where the drug is legally approved to be sold. Pharmaceutical theft can occur at any point in the supply chain, like manufacturer, wholesaler or distributor. Customers buy fake medicines either due to the lack of awareness or low price of such drugs.

Further, the report states that one of the major factors hindering the growth of this market is No global standard for serialization of drugs across the world. No global standards for serialization are adopted by the nations. Developing countries have come up with their own standards and regulations for serializing the drugs. Different countries follow different standards when serial numbers are assigned to the drug lots or batches.

Companies Mentioned

Avery Dennison, Cognex, Datalogic, Impinj, Zebra Technologies, Adents, Alien Technology, AlpVision, Atlantic Zeiser, Authentix, Axway, Bar Code Integrators, SATO VICINITY, SMARTRAC, and TraceLink.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Supply chain of pharmaceutical industry
      • Table Benefits of traceability systems
    • Market overview
      • Table Global pharmaceutical traceability market overview
      • Table Global pharmaceutical traceability market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Global pharmaceutical traceability market by type of technology
      • Table Global pharmaceutical traceability market by technology 2016 (% revenue)
      • Table Global pharmaceutical traceability market by technology 2016-2021 (% revenue)
      • Table Global pharmaceutical traceability market growth rate by technology 2017-2021 (%)
    • Global pharmaceutical traceability market by barcode technology
      • Table Global pharmaceutical traceability market by barcode technology 2016-2021($ millions)
    • Global pharmaceutical traceability market by RFID technology
      • Table Global pharmaceutical traceability by RFID technology 2016-2021 ($ millions)
    • Global pharmaceutical traceability market by GPS technology
      • Table Global pharmaceutical traceability market by GPS technology 2016-2021($ millions)
    • Global pharmaceutical traceability market by others
      • Table Global pharmaceutical traceability by others 2016-2021 ($ millions)
  • Geographical segmentation
    • Global pharmaceutical traceability market by geography
      • Table Global pharmaceutical traceability market by geography 2016 (% revenue)
      • Table Global pharmaceutical traceability market by geography 2016-2021 (% revenue)
      • Table Global pharmaceutical traceability market growth rate by geography 2017-2021 (%)
    • Pharmaceutical traceability market in Americas
      • Table Pharmaceutical traceability market in Americas 2016-2021 ($ millions)
    • Pharmaceutical traceability market in APAC
      • Table Pharmaceutical traceability market in APAC 2016-2021 ($ millions)
    • Pharmaceutical traceability market in EMEA
      • Table Pharmaceutical traceability market in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Blockchain technology
    • Growth of online pharmacies
    • Increasing number of drug recalls
  • Vendor landscape
    • Competitive scenario
    • Avery Dennison
      • Table Avery Dennison: Geographical segmentation 2016 (% revenue)
      • Table Avery Dennison: Label and graphic materials
      • Table Avery Dennison: Retail branding and information solutions
      • Table Avery Dennison: Industrial and healthcare material solutions
      • Table Avery Dennison: Business segmentation 2016 (% revenue)
    • Cognex
      • Table Cognex: Product information given by machine vision products
      • Table Cognex: Geographical segmentation by revenue Q1 2017(% revenue)
    • Datalogic
      • Table Datalogic: Geographical segmentation by revenue 2016 (% revenue)
      • Table Datalogic: Business segmentation by revenue 2016 (% revenue)
      • Table Datalogic: Services provided to manufacturing industry
      • Table Services provided in transportation and logistics
      • Table Services provided in healthcare industry
    • Impinj
      • Table Impinj: Product categories
    • Zebra Technologies
      • Table Zebra Technologies: Business segmentation 2016
      • Table Zebra Technologies: Geographical segmentation 2016 (% revenue)
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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