Smart Labels market, Industry Analysis, and Forecast to 2035 Roots Analysis has done a detailed study on Smart Pharmaceu...
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Smart Labels market, Industry Analysis, and Forecast to 2035
Roots Analysis has done a detailed study on Smart Pharmaceutical and Healthcare Labels Market, 2022-2035, covering key aspects of the industry’s evolution and identifying potential future growth opportunities.
Key Market Insights
The current market landscape features the presence of over 90 players engaged in the smart pharmaceutical and healthcare labels domain, worldwide
Over 80 players employ radio frequency identification device-based technology in order to develop cutting-edge labels for a wide range of applications; IoT labels are also gaining traction
Smart labels providers are continuously upgrading their existing portfolio and are seeking investments, as well as expanding their intellectual capital, in order to gain an edge in this competitive industry
More than 400 patents have been granted / filed for smart pharmaceutical and healthcare labels, primarily led by industry players based in North America
A rise in interest in partnerships, in recent past, involving both international and indigenous stakeholders, validate the growing interest in this domain; maximum number of such deals were signed in 2019
Based on the pioneer-migrator-settler map, we have classified the smart label providers into different categories; a selection of pioneers is expected to provide valuable offerings to lead the market in the longer term
The Smart labels market is expected to witness a healthy growth of over 15% in the coming decade; the opportunity is likely to be well distributed across various technologies and different geographical regions
In the long term, the majority share of revenues is likely to be driven by players offering smart labels for primary packaging to prevent counterfeiting of drugs
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About Roots Analysis
Roots Analysis is a global leader in the pharma/biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights.
Contact:
Ben Johnson
+1 (415) 800 3415
Ben.johnson@rootsanalysis.com
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