“Increased Demand For Supply Chain Transparency”
The demand for track and trace solutions is particularly strong due to the need for ensuring patient safety, product integrity, and regulatory compliance. Track and trace technologies help monitor the movement of pharmaceutical products, medical devices, and vaccines throughout the supply chain, minimizing the risk of counterfeit drugs and ensuring that products are stored and transported under proper conditions. Additionally, with the rising need for personalized medicine and greater healthcare accountability, these solutions enable healthcare providers to track products from production to end-use, ensuring they reach the right patients safely and efficiently. Regulatory bodies, such as the FDA, require stringent traceability measures, making track and trace systems an essential part of healthcare operations.
