Global RFID in healthcare market is set to witness a healthy CAGR of 22.75% in the forecast period of 2019- 2026. Rising demand for RFID in healthcare sector and increasing awareness about patient safety is another major factor for the growth of this market.
RFID in healthcare market research report comprises of several parameters which are thoroughly studied by the experts. To generate the best market research report, a range of objectives of the marketing research are required to be kept in mind. With RFID in healthcare market report it becomes simpler for customers to understand the various drivers and restraints impacting the market during the forecast period. Businesses can rely upon this top-notch market report to accomplish an utter success. RFID in healthcare market research report helps to provide such market insights by considering all the aspects of current and future market.
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Key Market Competitors:
Few of the major competitors currently working in the global RFID in healthcare market are Alien Technology, LLC, GAO Group Inc, Honeywell International Inc, Impinj, Inc., Mobile Aspects, Inc., RF Technologies, Inc., Radianse, STID, STANLEY Healthcare, SATO HOLDINGS CORPORATION. Motorola Solutions, Inc, CAEN RFID S.r.l., NewAge Industries, Inc., IBM Corporation, Siemens, AMERICAN RFID SOLUTIONS, LLC, 3M.
Market Drivers
Technological advancement and development in RFID will also act as a driver for this market
Increasing healthcare expenditure is driving the market growth
Rising demand for cost efficient and better drugs among population will also propel the market growth
Increasing demand of RFID in pharmacies, hospital and biotech companies will also drive the market
Market Restraints
Lack of awareness about RFID will restrain the market growth
Dearth of barcode system will also hamper the market
Lack of standardization will also act as a restrain for this market
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
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Segmentation: Global RFID in Healthcare Market
By Product
Systems& Software
Tags
Readers
Printers
Others
By Application
Asset Tracking
Patient Tracking
Pharmaceutical Tracking
Blood Tracking
Others
By End- User
Hospitals
Pharmaceutical
Others
Research Institutes and Laboratories
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In September 2018, Barcoding Inc announced that they have acquired Danforth Systems LLC so that they can expand their RFID capabilities. These both companies will create different expertise in operations management, mobile data capture systems, RFID technology and barcoding scanner. This acquisition will help the company to provide accurate, combined, and accurate services to their customers.
In January 2017, Novanta Inc announced that they have acquired ThingMagic. This acquisition will help them to combine RFID based technologies of JADAK and ThingMagic so that Novanta can provide RFID solutions and strengthening their position in market place. This will also help them to provide improvement in workflow solutions, anti-counterfeiting, and asset tracking in a medical environment.
Competitive Analysis:
Global RFID in healthcare market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of RFID in healthcare market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Reasons to Purchase this Report
Current and future of global RFID in healthcare market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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