Pharmaceutical Anti-counterfeiting Technologies (pact) Market Analysis-2026

Pharmaceutical Anti-counterfeiting Technologies Market Report- Analyses competitive environment such as key players, future trends, growths, challenges and acquisitions in the market.
 
 
Spread the Word
Listed Under

Tag:
* Healthcare

Industry:
* Health

Location:
* Seattle - Washington - US

SEATTLE - Sept. 16, 2020 - PRLog -- Market Dynamics

Pharmaceutical Anti-Counterfeiting Technologies Market is majorly driven by the increasing incidence of counterfeiting medicines affecting patient health and overall human capital. According to the International Trade Administration Top Market Reports on Pharmaceuticals published in 2016, the global market for counterfeit drugs valued at number of US$ 75 - 200 billion, which is a serious threat to the health of people worldwide. In 2017, the Pharmaceutical Security Institute (PSI) report stated a rise in drug diversion incidents around the world, which includes diversion of medicines supplied for compassionate use.

Pharmaceutical products are one of the most vulnerable goods for counterfeiting practices worldwide. Counterfeiting practices involve substitution of original medicine with substandard drug containing toxic substance or no active ingredient at all. Anti-counterfeiting technologies are applied to nullify adverse impact on health of patients, which may lead to death of patient in extreme cases.

Browse Research Report: https://www.coherentmarketinsights.com/ongoing-insight/pharmaceutical-anti-counterfeiting-technologies-market-1747

* The sample copy includes: Report Summary, Table of Contents, Segmentation, Competitive Landscape, Report Structure, Methodology.

Request a sample copy of this report: https://www.coherentmarketinsights.com/insight/request-sample/1747

Regional Insights

On the basis of region, the global pharmaceutical anti-counterfeiting technologies market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the market due to rising number of counterfeit drugs and stringent regulations related to counterfeit drugs. It is observed that the FDA seized nearly US$ 73 million in counterfeit drugs in the year 2014. Moreover, the opioid addiction has led to increased levels of counterfeit opioids such as fentanyl.

Major players are adopting strategic collaborations and launching new products, in order to retain their position in the market. Daily Wellness Company chose TruTag's platform for its nutraceuticals and health products, in which products would be tagged to allow detection and authentication throughout the supply chain.

Buy-Now this research report: https://www.coherentmarketinsights.com/insight/buy-now/1747

Contact
Mr. Shah
sales@coherentmarketinsights.com
+1-206-701-6702
End
Email:***@coherentmarketinsights.com
Posted By:***@coherentmarketinsights.com Email Verified
Tags:Healthcare
Industry:Health
Location:Seattle - Washington - United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Coherent Market Insights News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share