Cold Chain RFID Market Coronavirus Impact Edition With Alien Technology, Checkpoint Systems Inc., Impinj Inc., Nedap N.V., RFID4U (eSmart Source, Inc.), Invengo Technology BV, GAO RFID Inc., Avery Dennison Corporation
Report Consultant has introduced a new report titled as Global Cold Chain RFID market into its database that is formed by the means of primary and secondary research processes. It gives a comprehensive description to the reader about the benefits and drawbacks of the current market scenario. It also gives statistics regarding the upcoming trends and financial as well as the socio-economic aspects affecting the industry.
The RFID technology in cold chain is used for tracing and tracking contents, location expiration, and manufacture dates. The data gathered by RFID can be transmitted to the authorities. The food and beverages segment accounted for the largest market share in the global cold chain RFID market in 2015. The pharmaceutical and biomedical segment is expected to witness growth at the fastest rate during the forecast period, owing to the increasing demand of RFID in pharmaceuticals cold chain supply from developing countries, such as India and China. The growing global fisheries import and export is laying ample opportunities for the growth of the cold chain RFID market.
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Top Key Players:
Alien Technology, Checkpoint Systems Inc., Impinj Inc., Nedap N.V., RFID4U (eSmart Source, Inc.), Invengo Technology BV, GAO RFID Inc., Avery Dennison Corporation, and Sato Holdings Corporation.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Cold Chain RFID market in 2020.
Increase in geriatric population, rise in prevalence of chronic diseases across the world, and surge in health care expenditure propel demand for biopharmaceuticals. This in turn is likely to fuel the growth of the global Cold Chain RFID market during the forecast period. Several pharmaceutical companies are engaged in research and development of innovative new formulations and biological drugs to meet the unmet therapeutic needs.
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The report enables new and existing businesses to address concerns regarding the flexibility and growth prospects of their current approach and enhances them with sufficient knowledge to make the required alterations. It provides an intricate view of the Global Cold Chain RFID market, which emphasizes on regions such as North America, Europe, China, Japan, Southeast Asia, and India.
To conclude with, the report seamlessly combines data into an integrated study that understands the importance of awareness about intermingling factors involved in the Global Cold Chain RFID market.
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