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Fast Growing Demand for Radio Frequency Identification Devices Rfid In Healthcare Market: Awarepoint Corporation, CAEN RFID srl, Dolphin RFID Pvt. Ltd., Ekahau Inc., GAO RFID Inc., Impinj Inc., Intermec (Honeywell International Inc.), LogiTag Systems Ltd.
Worldwide Market Reports adds "Radio Frequency Identification Devices Rfid In Healthcare Market 2020 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2026" reports to its database.This report provides in depth study of "Rfid In Healthcare Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organisation. The Rfid In Healthcare Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organisation such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organisation.
The global Rfid In Healthcare market is expected to witness a promising growth in the next few years. The rising level of competition among the leading players and the rising focus on the development of new products are likely to offer promising growth opportunities throughout the forecast period. The research study on the global Rfid In Healthcare market offers a detailed overview, highlighting the key aspects that are expected to enhance the growth of the market in the near future. The key segmentation and the competitive landscape of the market have also been mentioned at length in the research study.
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Some of the key players in the market are Awarepoint Corporation, CAEN RFID srl, Dolphin RFID Pvt. Ltd., Ekahau Inc., GAO RFID Inc., Impinj Inc., Intermec (Honeywell International Inc.), LogiTag Systems Ltd., MetraTec GmbH, Radianse, SMARTRAC N.V., Sonitor RTLS Technologies, Stanley Innerspace, STid Electronic Identification, Tagsys RFID Group Inc. (CXIgnited), ThingMagic Inc., VIZBEE RFID Solutions, WaveMark. Due to increase in competition in this market, a number of companies are entering into strategic partnerships with software companies to increase the overall product benefit and sustain their market position.
Key factors such asrising requirement for reducing operating costs, adoption of Radio-frequency Identification (RFID) in healthcare, and mandates for increasing patient safety. Increasing demand for efficient supply chain management and the number of patient visits to hospitals are also some of the key driving factors.
Integration of RFID enables effective management of inventory, prevention of stock out and overstock situations. These systems enable real-time data management, which leads to prevention of inventory loss and theft. RFID-enabled systems facilitate a better inventory management, where the scope for overstock is less, which thereby improves operational efficiency. In the operating room, RFID tagging of medical devices enables staff to track essential devices used in surgeries with ease and help improve patient safety.
North America held the largest market share, attributed to the key factors, such as rising number of hospitals, increase in regulations for patient safety, and mandates for tracking medical devices. Presence of developed healthcare infrastructure and high adoption of advanced technologies in healthcare are some other factors contributing to the regional growth. U.S. is the largest market in this region, contributed to high adoption of this technology in healthcare services.
Asia Pacific is anticipated to witness the fastest CAGR during the forecast period. The region has a large number of pharmaceutical and life science companies with an increasing demand for efficient supply chain management. Rising healthcare expenditure, presence of large pharmaceutical industry, and improving healthcare infrastructure are some of the key factors that can be attributed for to the regional demand. The region has large patient pool with chronic and infectious diseases. Increasing disease burden is expected to boost the demand for efficient healthcare services, thereby contributing to the market growth.
Global Rfid In Healthcare Market Report includes Detailed TOC points:
1 Industry Overview
2 Industry Environment (PEST Analysis)
3 Rfid In Healthcare Market by Type
4 Major Companies List
4.1 Awarepoint Corporation (Company Profile, Sales Data etc.)
4.1.1 Awarepoint Corporation Profile
Table Awarepoint Corporation Overview List
4.1.2 Awarepoint Corporation Products & Services
4.1.3 Awarepoint Corporation Business Operation Conditions
Table Business Operation of Awarepoint Corporation (Sales Revenue, Sales Volume, Price, Cost, Gross Margin)
(Continue with Key Players)
5 Market Competition
6 Demand by End Market
7 Region Operation
8 Marketing & Price
9 Research Conclusion
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