Global RFID in Healthcare Market At A Highest CAGR Of 22.75% With Leading Players Alien Technology, LLC, GAO Group Inc, Honeywell International Inc, Impinj, Inc., Mobile Aspects & Others
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.Report highlights
1. To gain information about the top players in this industry, their product portfolios, and their key strategies.
2. Key parameters which are driving this market and restraining its growth
3. Comprehensive quantitative analysis of the industry is provided for the period of 2019-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
4. What all challenges manufacturers will face as well as new opportunities and threats faced by them.
5. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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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.
Key Questions Answered
What will be the RFID in healthcare market size in 2026?
Which region will remain the most lucrative for the growth of the RFID in healthcare market?
Which source is most preferred for RFID in healthcare , and what will its market size be in 2020?
What is the market share comparison between different sources in the RFID in healthcare market?
What will be the volume sales of RFID in healthcare for recreational use in 2026?
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
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.
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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
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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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