Global Track & Trace Solutions Market by Product, Technology, Application, End-User and Geography – Forecast to 2023: Expected to Grow at a CAGR of 17.8% – ResearchAndMarkets.com

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One of the major problems faced by large scale pharmaceutical and biopharmaceutical companies is drug counterfeiting. To ensure that brands get a share of brand recognition, they are adopting the use of these solutions in supply chain monitoring. These problems have been growing globally, typically in developing countries such as China, South Africa, and India.