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Global RFID in Healthcare Market is projected to reach USD 12.02 billion by 2025, growing at a CAGR of 19.6% from 2018 to 2025 :Top keyplayers are Wurth Group, Log Tag, Terso Solutions, Logi Tag, Wave Mark, Mobile Aspects, Hurst Green Plastics, Tagsys RFI

02-18-2019 08:13 PM CET | Health & Medicine

Press release from: Kenneth Research

Global RFID in Healthcare Market is projected to reach USD 12.02

We provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. The Global RFID in Healthcare Market was valued at USD 2.86 billion in 2017 and is projected to reach USD 12.02 billion by 2025, growing at a CAGR of 19.6% from 2018 to 2025.

With growing advancement in technology, consumer convenience tops the priority list of manufacturers. To track the device and provide information regarding the product, component designers have introduced a new concept of radio frequency identification (RFID). This has flourished in healthcare marketplace as the companies from healthcare domain are readily incorporating this unique identification code which can help healthcare professionals to fetch information about any particular device or equipment.

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Increasing operational efficiency in the healthcare management system and the advantages of RFID over ordinary tags has been driving the global RFID market in healthcare marketplace. Apart from this, privacy concerns and difficulties in scaling the product might hamper the overall growth rate of global RFID in healthcare market.

The “Global RFID in Healthcare Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Brooks Automation, Grifols, Wurth Group, Log Tag, Terso Solutions, Logi Tag, Wave Mark, Mobile Aspects, Hurst Green Plastics, Tagsys RFID Group, Pepperl+Fuchs, Stanley Innerspace, Datelka, Metra Tec GmbH and Bollhoff Group. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

As a part of market estimation, the study also comprises a list of tables and figures for the “Global RFID in Healthcare Market” which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application and geography.

On the basis of type, the Global RFID in Healthcare Market can be categorized into two sections; product and application. This market study analyses the industry for Global RFID in Healthcare based on these divisions. RFID in Healthcare’s products are divided into RFID Systems and RFID tags. The industry is then sectioned by application which includes injection safety, infection control, tracking prescription drugs and others. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.

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Table of Content

Chapter 1 INTRODUCTION OF GLOBAL RFID IN HEALTHCARE MARKET 12
1.1 Market Overview 12
1.2 Market Segmentation 14
1.3 Assumptions 15
Chapter 2 EXECUTIVE SUMMARY 16
2.1 Overview of the Market 16
2.2 Global RFID in Healthcare Market, By Product (USD Million) 17
2.3 Global RFID in Healthcare Market, By Application (USD Million) 18
2.4 Global RFID in Healthcare Market, By Geography (CAGR%, 2017 – 2025) 19
Chapter 3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH 20
3.1 Data Mining 20
3.2 Secondary Research 20
3.3 Primary Research: 20
3.4 Subject Matter Expert Advice: 21
3.5 Quality Check 21
3.6 Final Review 21
3.7 Validation 22
3.8 Primary Interviews 22
3.9 Research Scope and Assumptions 22
3.10 List of data sources 23
Chapter 4 GLOBAL RFID IN HEALTHCARE MARKET DYNAMICS 24
4.1 Market Dynamics 24
4.1.1 RFID in Healthcare Market Driving Forces 25
4.1.1.1 Effective management of counterfeit drugs using RFID 25
4.1.1.2 Increased operational efficiency in hospitals 26
4.1.2 RFID in Healthcare Market Constraints and Threats 27
4.1.2.1 Privacy concerns, immature market and scaling difficulties 27
4.1.2.2 Demand for barcodes in healthcare is increasing steadily 28
4.2 Porter’s Five Forces Analysis 29
4.3 RFID Implementation Costs 29
4.3.1 Costs for RFID Tags and Readers 29

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

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New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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