HOME Research Insight Axway Inc. (U.S.), Adents International (France), Optel Vision (Canada), TraceLink Inc. (U.S.), and Antares Vision (Italy) Dominate the Global Healthcare Track and Trace Solutions Market



Axway Inc. (U.S.), Adents International (France), Optel Vision (Canada), TraceLink Inc. (U.S.), and Antares Vision (Italy) Dominate the Global Healthcare Track and Trace Solutions Market


Prominent players in the global healthcare track and trace solutions market are Axway Inc. (U.S.), Optel Vision (Canada), TraceLink Inc. (U.S.), and Antares Vision (Italy). The global track and trace software solutions market was dominated by two players, Axway Inc. (U.S.) and TraceLink Inc. (U.S.), in 2015. The hardware systems market was dominated by Optel Vision (Canada) and Antares Vision (Italy) in 2015. Other players in this market include Mettler-Toledo International Inc. (U.S.), Xyntek Inc. (U.S.), Sea Vision Srl (Italy), Systech Inc. (U.S.), Siemens AG (Germany), and ACG Worldwide (India). A majority of the leading players in this market are based in developed countries across North America and Europe.

Axway Inc. (U.S.) held the leading position in the healthcare track and trace software solutions market in 2015. Its prominence in this market can be attributed to its advanced software and services offerings that enable its customers to govern the flow of data within and across the enterprise. Axway caters to various industries such as banking & financial services, logistics services, manufacturing, healthcare supply chain, and automotive supply chain. Moreover, the company has a wide geographic presence across North America, Europe, the Middle East & Africa, Asia-Pacific, and Latin America. The company has also focused on a variety of strategies, such as partnerships, new product launches, and expansion, to increase its share in the track and trace solutions market.

Optel Vision (Canada) is the leading company in the global healthcare track and trace hardware systems market. The company is a global leader in the production of inspection and serialization solutions for pharmaceutical companies and contract packaging organizations. The company offers track and trace solutions under its TrackSafe platform, and has a wide geographical presence, with operations in Europe, Asia, and North & Latin America. The company has adopted new product launches as its key strategy, followed by partnership and expansion, to maintain its leading position and increase its market share.

In the past three years, a majority of the top players have adopted new product launches; agreements, collaboration, and partnerships; and geographic expansion as their key growth strategies. New product launches was the preferred strategy adopted by key players in the healthcare track and trace solutions market.

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