MARKET INTRODUCTION
ePedigree software is an electronic record, mostly used in the pharmaceutical industry, for maintaining the pedigree requirements of a drug. The software comprises of essential information regarding various levels of transactions resulting from a change of drug ownership from manufacturers to wholesalers to retailers. The primary objective of ePedigree is to protect consumers from contaminated medicine or counterfeit drugs. The essential data elements of an original ePedigree are Lot, Potency, Manufacturer, Distributor, Wholesaler or Pharmacy, Expiration, National Drug Code and Electronic Product Code, Unique identifier of the salable unit. With the movement of product in the supply chain, each company is required to carry forward all previous ePedigree information. Thus, the final point of sale gets the lineage of every unit.
MARKET DYNAMICS
One of the major factors driving the ePedigree market is the increasing demand for smartening and securing the overall pharma supply chain. Adding to this, the Innovations and technological advances such as cloud computing, advanced analytics, big data, block chain technology, the IoT, virtual assistants, augmented reality, machine learning, and virtual reality are also expected to support the appropriation of cutting-edge systems across the supply chain network and pharma productions. Such as, IoT can aid in the processing of a pharmaceutical drug from manufacturing and distribution until the drug reaches the consumer. In distribution, the IoT technology enables better stock management, thus, leading to the reduction in costs incurred in terms of inventory maintenance, wastage of products, and storage of drugs. However, low investment in anti-counterfeiting technology is anticipated to hinder the market growth during the forecast period.
MARKET SCOPE
The "Global ePedigree Software Market Analysis To 2028? is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The ePedigree software market report aims to provide an overview of the ePedigree software market with detailed market segmentation by technology, application, and geography. The global ePedigree software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ePedigree software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ePedigree software market is segmented on the basis of technology and application. Based on technology, the ePedigree software market is segmented into: Forensic Technique, Hidden Markers, Visible Features, and Track & Trace. Based on application, the market is segmented into: Pharmaceutical Factory, Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ePedigree software market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The ePedigree software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the ePedigree software market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the ePedigree software in these regions.
MARKET PLAYERS
The reports cover key developments in the ePedigree software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from ePedigree software market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the ePedigree software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ePedigree software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Aptean
- Axway
- Blue Yonder Group, Inc.
- IBM Corporation
- Merit Solutions
- Oracle
- RFXCEL CORP.
- SAP
- Siemens AG
- TraceLink
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.