Press release
RFID Blood Monitoring Systems Market - to Witness Double Digit CAGR By 2026
RFID Blood Monitoring Systems Market
RFID blood monitoring systems are used in healthcare facilities for proper and accurate tracking of blood and blood products. These devices are widely used owing to their ability to communicate and send information over a distance as compared to other tracking systems that need proper line of sight for information transfer. RFID tags contain electronically stored information of products they are attached to, and can be used for tracking objects. Moreover, as blood and blood products need proper monitoring so as to avoid any consequences from inaccurate administration in patients, these systems are being increasingly adopted in healthcare facilities across the globe.
Growth of the global RFID blood monitoring systems market is driven by industry players focusing intensely on research & development of new and cost-effective systems and tags, coupled with increasing adoption of RFID blood monitoring systems in various developing economies.
Request for Free Sample Report Here: https://marketresearch.biz/report/rfid-blood-monitoring-systems-market/request-sample/
Global RFID Blood Monitoring Systems Market: Market Dynamics
According to the repot, several advantages of RFID blood monitoring systems over conventional tracking systems such as barcodes and manual efforts is a major factor driving growth of the global RFID blood monitoring systems market. Also, technological advancements in RFID systems and rising demand for reduction of human errors in labelling and use of blood and blood products are other major factors boosting growth of the global RFID blood monitoring systems market over the forecast period. However, high costs associated with procurement and use of RFID blood monitoring systems is a major factor restraining growth of the global RFID blood monitoring systems market. Additionally, several issues related with use of RFID systems especially security related concerns is another major factor expected to limit growth of the global market over the forecast period.
Increasing adoption of RFID blood monitoring systems by various end user's in developed and developing economies owing to growing awareness and technological advancements in RFID blood monitoring systems is a major trend being witnessed in the global market. This trend is further anticipated to boost growth of the global RFID blood monitoring systems market over the forecast period.
Global RFID Blood Monitoring Systems Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global RFID blood monitoring systems market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global RFID blood monitoring systems market is expected to expand at a significant CAGR of 23.2% during the forecast period 2017 and 2026.
Global RFID Blood Monitoring Systems Market: Segmental Snapshot
The global RFID blood monitoring systems market report has been segmented on the basis of product type, end user, and region. The product type segment includes RFID systems and RFID tags. End user segment includes blood banks, hospitals, and research labs. The regions covered in the analysis are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By product type: The RFID systems segment is estimated to account for highest share in terms of revenue in the global market in 2017, and is expected to register highest CAGR at around 23.0%, as compared to that of the RFID tags segment over the forecast period.
By end user: The blood banks segment among the end user segments is estimated to account for highest revenue share in the global market in 2017. It is further projected to witness significant growth over the forecast period registering a CAGR of around 23.0% over the forecast period. Moreover, the hospitals segment is projected to register highest CAGR of around 23.0%, as compared to other end user segments over the forecast period.
By region: The market in North America accounted for highest revenue share in the global RFID blood monitoring systems market in 2016, and is expected to record a CAGR of around 23.0% between 2017 and 2026. The market in Asia Pacific is expected to register highest CAGR of over 23.5% between 2017 and 2026.
Browse Complete Report's Table of Content Here: https://marketresearch.biz/report/rfid-blood-monitoring-systems-market/
Global RFID Blood Monitoring Systems Market: Competitive Analysis
The research report on the Global RFID Blood Monitoring Systems Market includes detailed competitive analysis on major companies such as Biolog ID, S3Edge Inc., Mediware Information System Inc., Terso Solutions, Inc., SATO VICINITY PTY LTD., Mobile Aspects Inc., Logi-Tag Systems, Nordic ID, WaveMark, Inc., B Medical Systems S.à r.l., and RFID Global Solution, Inc.
The Global RFID Blood Monitoring Systems Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2017-2026 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global RFID blood monitoring systems market for 2017-2026.
MarketResearch.biz is a specialized market research, analytics, and solutions company, offering strategic and tactical support to clients for making well-informed business decisions. We are a team of dedicated and impassioned individuals, who believe strongly in giving our very best to what we do and we never back down from any challenge. MarketResearch.biz offers services such as data mining, information management, and revenue enhancement solutions and suggestions. We cater to industries, individuals, and organizations across the globe, and deliver our offerings in the shortest possible turnaround time.
Contact Us:
Lawrence John
420 Lexington Avenue, Suite 300
New York City, NY 10170
United States
Email ID: inquiry@marketresearch.biz
Tel: +1 347 826 1876
Website: https://marketresearch.biz
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release RFID Blood Monitoring Systems Market - to Witness Double Digit CAGR By 2026 here
News-ID: 1075631 • Views: …
More Releases from Marketing Specialist
New Book Tells Parents of Children With Eating Disorders How To Save Their Child …
Doctor and treatment clinic founder offers guidance so parents can take on the role that's required for the successful treatment of a child with anorexia, bulimia or other eating disorders.
Portland, OR - November 06, 2010 -- Give food a chance by Dr. Julie O'Toole is an alert for the medical profession - and especially for parents. Dr. O'Toole's work in pediatrics brought many youths with eating disorders to her.…
Six Gems Of Geometry Brings a Literal Understanding of How to Get From Point A t …
Terms of geometry which are familiar to people of all levels and interests become more meaningful when the basics are explained, leading to greater understanding.
Portland, OR - November 04, 2010 -- Six gems of geometry by Thomas Reale leads the reader through that sector of mathematics that caused so much challenge and discouragement in school in order to provide a greater awareness of the mechanics and reasons behind it.…
A Husband's Mechanical Gift to His Wife Raises Moral Questions with the World
"Botboy, my Botboy" gives readers cause to ask themselves some very probing questions about life, death and Faith.
Portland, OR - November 04, 2010 -- In the science fiction adventure Botboy, my Botboy Grace Feenaughty is the wife of a scientist trying to come to grips with the sudden death of her husband Rob. Grace's husband was recognized by the world of science for his work as a physicist and…
More Releases for RFID
RFID Readers Market Growth by 2027 | Fixed RFID Readers, Integrated RFID Readers …
Future Market Insights (FMI) has published a new research report titled “Radio Frequency Identification (RFID) Readers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027).” The report states that the growing penetration of advanced technology along with increasing supply chain complexities are encouraging consumers to adopt RFID technology. Owing to this, players operating in the RFID readers market are incessantly upgrading their product portfolios in order to meet the demands…
Global RFID Tag Chips Market by Type, HF RFID Chip, UHF RFID Chip, LF RFID Chip, …
This study report Global RFID Tag Chips Market, the analyst provides growth estimates, forecasts, and an in-depth analysis of all key factors at play in the Market. The report takes into account the micro and macro factors that are likely to impact the growth trajectory of the Market. The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies.
The report investigates and analyzes the…
RFID Equipment Market - The Rising Application of RFID In Healthcare RFID Techno …
The applications of Radio Frequency Identification (RFID) have widened in the healthcare industry, ranging from tracking medical equipment, patient identification and blood transfer monitoring to tracking the path of medication from pharmacy to the patient. Due to this, the RFID equipment market has witnessed a high growth rate over the years.
Providing clients with in-depth analysis and competitive intelligence, the research report evaluates the RFID equipment market and all…
RFID Tag Chip Market: By Applications - HF RFID Tags, UHF RFID Tags, LF RFID Tag …
Latest industry research report on: Global and United States RFID Tag Chip Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
Request For Sample Report @ https://www.marketresearchreports.biz/sample/sample/1227953
This report studies the RFID Tag Chip market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits…
rfid clear tag for rfid inventory (gyrfidstore)
RFID Disc Tags are widely used for inventory tracking system or Automatic production systems. The RFID Disc Tag can also work on metal surface with anti-metal layer on it, also can be attached to goods surface by adhesive layer. There are abundant size options from 12mm to 50mm. GYRFID presents several types with different material and size to suitable customer’s application.
DIP Series- PVC Disc Tag, PVC Laminated, thickness of 1.0-1.2mm
DIT…
windshield rfid tag for rfid solutions(gyrfidstore)
The strength of RFID label or RFID Stickers compared with other tags is the thinner thickness, various size, flexible and cost efficient. It can be sealed inside of goods or stick on the device surface with adhesive layer. The label is also optional with anti-metal layer to mount and working on metal surface. GYRFID Provides different types Stickers to meet the requirement for different applications such as NFC Payments,…
