Press release
ePedigree Software Market to Witness Huge Growth by 2027 - Aptean, Axway, Blue Yonder Group, IBM, Merit Solutions, Oracle, RFXCEL, SAP, Siemens, TraceLink
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.
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Leading Key Players:
o Aptean
o Axway
o Blue Yonder Group, Inc.
o IBM Corporation
o Merit Solutions
o Oracle
o RFXCEL CORP.
o SAP
o Siemens AG
o TraceLink
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.
Key Benefits of Buying this Research Study:
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global ePedigree Software Software Market
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the ePedigree Software Market, thereby allowing players across the value chain to develop effective long term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
o Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.
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.
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Chapter Details of ePedigree Software Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: ePedigree Software Market Landscape
Part 04: ePedigree Software Market Sizing
Part 05: ePedigree Software Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Email: sales@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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