(EMAILWIRE.COM, December 08, 2018 ) The study estimates the Track and Trace Solutions market size for 2018 and projects its demand till 2023. In the primary research process, various sources from both demand side and supply side were interviewed to obtain qualitative and quantitative information for the report. Primary sources from the demand side include research scientists, Track and Trace Solutions specialists, laboratory technicians, and R&D professionals of pharmaceutical and biotechnology companies and academic research institutes.

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For the market estimation process, both top-down and bottom-up approaches were used to estimate and validate the market size of the Track and Trace Solutions market as well as to estimate the market size of various other dependent submarkets. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the track and trace solutions market and estimate the size of various other dependent submarkets. Major players were identified through secondary research, and their market revenues were determined through primary and secondary research. Secondary research included the study of European Federation of Pharmaceutical Industries and Associations (EFPIA), Processing & Packaging Machinery Trade Association (PPMA), Asian Anti-Counterfeit Association (AAA), International Trademark Association (INTA), and the annual & financial reports of top market players, whereas primary research included extensive interviews with key opinion leaders such as CEOs, directors, and marketing executives.

The Track and Trace Solutions market by type is fragmented with the presence of emerging players;

The prominent players in the track and trace solutions market include OPTEL Group (Canada), METTLER TOLEDO (US), Systech (US), TraceLink (US), Antares Vision (Italy), Xyntek (US), Axway (US), Adents International (France), Sea Vision (Italy), Siemens (Germany), Zebra Technologies (US), ACG Worldwide (India), and Körber Medipak Systems (Switzerland)

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