Argentina Track And Trace Solutions Market Size & Outlook
The track and trace solutions market in Argentina is expected to reach a projected revenue of US$ 270.8 million by 2030. A compound annual growth rate of 20.5% is expected of Argentina track and trace solutions market from 2023 to 2030.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Mexico track and trace solutions market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in Latin America and is projected to reach USD 314.0 million by 2030.
Rising adoption of advanced technologies such as RFID and barcode system in healthcare sector with continuous research and development is driving to the market growth. The national food drug and technology administration (ANMAT) has chosen GS1 standards to identify drugs through supply chain.
On March 2012, ANMAT added new drug classes to the traceability scheme which includes insulin, antibiotics, CVD drugs, CNS drugs etc. Again in 2013, they added 200 additional drugs to these system. Technological advancement and government initiatives are expected to boost the revenue in the coming years.
Argentina Track And Trace Solutions Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Track And Trace Solutions Market Outlook will help companies and investors design strategic landscapes.
Software Solutions was the largest segment with a revenue share of 56.74% in 2022.
Horizon Databook has segmented the Argentina track and trace solutions market based on hardware systems, software solutions covering the revenue growth of each sub-segment from 2017 to 2030.
Rising adoption of advanced technologies such as RFID and barcode system in healthcare sector with continuous research and development is driving to the market growth. The national food drug and technology administration (ANMAT) has chosen GS1 standards to identify drugs through supply chain.
On March 2012, ANMAT added new drug classes to the traceability scheme which includes insulin, antibiotics, CVD drugs, CNS drugs etc. Again in 2013, they added 200 additional drugs to these system. Technological advancement and government initiatives are expected to boost the revenue in the coming years.
Argentina Track And Trace Solutions Market Product Type Outlook (Revenue, USD Million , 2017-2030)
Hardware Systems
Software Solutions
Argentina Track And Trace Solutions Market Technology Outlook (Revenue, USD Million , 2017-2030)
Barcodes
RFID
Argentina Track And Trace Solutions Market Application Outlook (Revenue, USD Million , 2017-2030)
Serialization solutions
Aggregation solutions
Argentina Track And Trace Solutions Market End Use Outlook (Revenue, USD Million , 2017-2030)
Pharmaceutical & Biopharmaceutical Companies
Medical Device Companies
Healthcare Others
Food and Beverage
Consumer Goods
Luxury Goods
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina Track And Trace Solutions Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Argentina Track And Trace Solutions Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Argentina Track And Trace Solutions Market, 2017-2030 (US$M)