RFID in Healthcare Market growth overview including leading key players like 3M, Hitachi, Ltd., NewAge Industries, Inc., AAID Security Solutions, Inc., Motorola Mobility LLC, IBM, Siemens AG

Radio-Frequency Identification (RFID) uses radio waves to read and capture information stored on a tag attached to an object. The tag can be read from several feet distance and it does not need to be in direct line-of-sight of the reader. RFID technology is used in patient safety, supply chain applications, and in quality assurance applications. The technology can be deployed in hospitals and clinics to improve patient flow, reduce medial errors, improve asset utilization rates, and manage inventories & implants, among others.

Improvement of inventory management in hospitals, pharmacies, & biotechnology companies, low-cost and high efficiency of the RFID systems, patient safety by healthcare providers, and adoption of automated process in hospitals & pharmacies is expected to drive the growth of the market. Moreover, government policies to refine tracking system for medical devices and biological products is expected to provide opportunity for the growth of RFID in Healthcare market during the forecast period.

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Some of the key players influencing the market 3M, Hitachi, Ltd., NewAge Industries, Inc., AAID Security Solutions, Inc., Motorola Mobility LLC, IBM, Siemens AG, ACC Systems Incorporated, BearingPoint, and AMERICAN RFID SOLUTIONS, LLC.

The RFID in healthcare market is segmented based on product as, tags, readers, printers, and software. On the basis of application the RFID in Healthcare market is segmented into monitoring and tracking. Based on the end user, the market is segmented as hospitals, and pharmaceutical & biotechnology companies.

It also provides market size and forecast till 2025 for overall RFID in healthcare market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

North America is anticipated to hold largest share of the RFID in healthcare market, followed by Europe. Factors such as increasing number of collaboration in the medical device industry and presence of sophisticated healthcare infrastructure are driving the growth of the market in this region. Moreover, need for tracking medical devices in the developing countries such as China and India and low cost of RFID component provided by China are anticipated to provide opportunities in RFID in healthcare market in Asia.

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Table of Contents

  1. Introduction
  2. Key Takeaways
  3. RFID in Healthcare Market Landscape
  4. Market - Key Industry Dynamics
  5. RFID in Healthcare Market Analysis- Global Analysis
  6. RFID in Healthcare Market Revenue And Forecasts To 2025 – Product (US$ Mn)
  7. Market Revenue And Forecasts To 2025 – Application (US$ Mn)
  8. Market Revenue And Forecasts To 2025 – End User (US$ Mn)
  9. North America Market Revenue And Forecasts To 2025
  10. Europe Market Revenue And Forecasts To 2025
  11. Asia Pacific RFID in Healthcare Market Revenue And Forecasts To 2025
  12. Middle East & Africa (Mea) Market Revenue And Forecasts To 2025
  13. South And Central America Market Revenue And Forecasts To 2025
  14. Market -Industry Landscape
  15. RFID in Healthcare Market -Key Company Profiles
  16. Appendix

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Posted by on Friday March 22 2019, 8:30 AM EDT. All trademarks acknowledged. Filed under Biotechnology, Business Services, Diagnostics, Energy Efficiency, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals, Software & Services, Technology, Media, & Telecommunications, Telecommunication, Utilities. Comments and Trackbacks closed. Follow responses: RSS 2.0

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