Track and Trace Solutions Market is poised to value USD 10189 million by 2028 end at a CAGR of 19% during the forecast period 2022 to 2028.

A track and trace (T&T) solution helps healthcare companies or organizations manage their supply chains effectively and mitigate counterfeit drug risks. The process involves determining where a drug has been in the past and in the present. Around the world, regulatory compliance has become an increasingly important requirement to maintain product authenticity. Due to the global proliferation of counterfeit goods, track and trace systems have become increasingly popular across a wide variety of industries. It is estimated that most industrialized countries have already implemented these solutions to limit the risk of product recalls, illness outbreaks, brand tarnishing, and unlawful parallel supply chains that fuel illegal logistics. A growing number of government and regulatory actions are paving the way for greater adoption of track and trace technologies. Around the world, serialization has long been the most commonly used method for tracking and tracing products. An increase in the use of these solutions in the pharmaceutical industry for product identification verification, packaging, and logistics management will drive the global market for these solutions. In the forecast period, government regulations around the world requiring pharmaceutical companies to serialize their products and technological advancements in track and trace systems will fuel the growth of the track and trace solutions market.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Track and Trace Solutions Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share, and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of the market.

According to the research study conducted by FutureWise research analysts, the market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the Track and Trace Solutions Market Market along with the growth opportunities present across this business vertical. 

Track and Trace Solutions Market Segmentation:

By Product
• Software 
  o Plant Manager
  o Line Controller
  o Enterprise & Network Manager
  o Bundle Tracking
  o Case Tracking
  o Warehouse & Shipment Manager
• Hardware 
  o Printing & Marking
  o Barcode Scanners
  o Monitoring & Verification
  o Labelers
  o Checkweighers
  o RFID Readers
• Standalone Platform

By Application
• Serialization
  o Carton Serialization
  o Bottle Serialization
  o Medical Device Serialization
  o Blister Serialization
  o Vial & Ampoule Serialization
• Aggregation
  o Case Aggregation
  o Pallet Aggregation
  o Bundle Aggregation
• Tracking, Tracing, & Reporting

By Technology
• 2D Barcodes
• Radiofrequency Identification (RFID)
• Linear Barcodes

By End User
• Pharmaceutical & Biopharmaceutical Companies
• Food Industry
• Medical Device Companies
• Cosmetic Industry
• Other End Users

By Region
North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Competitive Landscape:
•    Tier 1 players- established companies in the market with a major market share  
•    Tier 2 players 
•    Emerging players which are growing rapidly 
•    New Entrants  

Key Market Players:

  • Axway
  • Mettler-Toledo International Inc.
  • Optel Vision
  • Seidenader Maschinenbau GmbH
  • ACG Worldwide
  • Systech Inc.
  • Siemens AG
  • TraceLink Inc.
  • Adents International
  • Antares Vision srl 
  • Xyntek Inc. 
  • SEA Vision Srl 
  • Syntegon 
  • Körber Medipak Systems AG 
  • Uhlmann Group                 

FutureWise Key Takeaways:
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study:
•    To provide with an exhaustive analysis on the track and trace solutions market by region, by product, by application, by technology, by end user and by region
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

Flexible Delivery Model:

  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com


Need Assistance


UK : +44 141 628 9353
US : +1 347 709 4931


Contact Sales

What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics