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ePedigree software market to register a 26.95% CAGR by 2022

IT Market Research

An ePedigree software records the change of custody of a drug by a manufacturer, repackager, or wholesaler, along with the final sale to a pharmacy or any other dispenser.

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The analysts forecast global ePedigree software market to grow at a CAGR of 26.95% during the period 2018-2022. 

It secures the supply chain by providing a systemic drug tracking platform and evaluating any discrepancies in the supply chain.

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Key players in the global ePedigree software market: Axway, Oracle, and TraceLink. One trend in the market is high-tech developments to smarten the pharma supply chain.

Drug counterfeiting is a worldwide phenomenon. The general fake medication industry is assessed to be worth billions of dollars.

According to the ePedigree software market report, one driver in the market is rising requirements for serializability to tackle counterfeiting. Drug counterfeiting is a worldwide phenomenon.

This issue has been existing for decades, and the situation is worse than ever due to the proliferation of Internet sales, inefficient supply chains, and the general lack of stringent regulations. The overall counterfeit drug market is estimated to be worth billions of dollars, with countries such as India and China being the manufacturing hubs for the counterfeit drug market.

The report covers the present scenario and the growth prospects of the global ePedigree software market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

- Americas

- APAC

- EMEA

Access Report www.rnrmarketresearch.com/contacts…ase?rname=1345770 .

The report, Global ePedigree Software Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

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