Press release
Strong Growth Ahead: Healthcare RFID Market Size To Grow At Arecord 20.3% Cagr By 2029
Healthcare RFID Market Share
How Big Is the Healthcare RFID Market Size Expected to Be by 2034?
The market size for healthcare RFID has seen significant growth in recent years. The market, which was valued at $3.38 billion in 2024, is predicted to increase to $3.92 billion by 2025, representing a compound annual growth rate (CAGR) of 15.9%. The historical growth of this sector can be linked to a decrease in medication errors, improved patient satisfaction, efficient supply chain procedures, advanced inventory control, and better automated workflows.
The size of the healthcare RFID market is anticipated to witness tremendous expansion over the next few years. By 2029, the projected value of this market will soar to $8.22 billion, growing at a compound annual growth rate (CAGR) of 20.3%. The accelerated market growth during the forecast period is due to factors such as the incorporation of RFID solutions into electronic health records, the usage of RFID in labs, telehealth services, remote patient monitoring, and tailored RFID solutions. Significant trends expected during the forecast period encompass the incorporation of nascent technologies, expansion of RFID for patient tracking, wearable RFID technology, real-time location tracking systems, and RFID solutions based on cloud technology.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5987
What Are the Emerging Segments Within the Healthcare RFID Market?
The healthcare rfid market covered in this report is segmented -
1) By Product: Tags And Labels, RFID Systems
2) By End-User: Hospitals, Pharmaceuticals, Research Institutions And Laboratories, Other End Users
3) By Application: Asset Tracking, Patient Tracking, Pharmaceutical Tracking, Blood Tracking, Other Applications
Subsegments:
1) By Tags And Labels: Active RFID Tags, Passive RFID tags, Semi-Passive RFID Tags, RFID labels
2) By RFID Systems: RFID Readers, RFID Middleware, RFID Software Solutions
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5987&type=smp
What Long-Term Drivers Are Shaping Healthcare RFID Market Trends?
The growth of the healthcare RFID market is significantly influenced by the increasingly stringent regulations in the pharmaceutical sector. Various countries and their regulatory bodies have initiated rigorous measures in the pharmaceutical industry to reduce counterfeiting and other medical issues. For instance, in June 2023, the German government put forth the Health Data Use Act (GDNG) and a preliminary Digital Act (DigiG). The intent of the Health Data Use Act is to give industry firms the privilege to access patient health information for research objectives. This will support the healthcare RFID market by enabling businesses to apply RFID tags to track and safeguard patient health information from cyber threats. The data accumulated from these RFID tags can be harnessed for research activities.
Who Are the Top Competitors in Key Healthcare RFID Market Segments?
Major companies operating in the healthcare rfid market include Impinj Inc., Alien Technology Corporation, GAO RFID Inc., Honeywell International Inc., STANLEY Healthcare Pvt. Ltd., Mobile Aspects India Private Limited, RF Technologies Inc., STiD SAS, Terso Solutions Inc., CenTrak Inc., Cardinal Health Inc., LogiTag Systems Ltd., Biolog-id SAS, metraTec GmbH, Zebra Technologies Corporation, Smartrac N. V., S3Edge Inc., Champion Healthcare Technologies, SpaceCode Pty. Ltd., Pepperl-Fuchs Pvt. Ltd., PALEX MEDICAL S. A., Applied Wireless Identifications Group Inc., CAEN RFID S. r. l., Invengo Information Technology Ltd. Co., Motorola Solutions Inc., Avery Dennison Corporation, Bartronics India Ltd.
What Healthcare RFID Market Trends Are Gaining Traction Across Different Segments?
The emergence of technological progress is a significant trend rising to prominence in the healthcare RFID industry. Predominant businesses functioning in this sector are striving to innovate new technological remedies in a bid to fortify their standing. Avery Dennison, a materials science and production company based in the US, as an illustration, launched AD Medio Web DF EM4425, a dual frequency RFID inlays dedicated for healthcare uses including inventory management and product validation, in May 2022. With a compact design for easy conversion into application usage, these AD Medio Web DF EM4425 tags come in a paper tag delivery format.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/healthcare-rfid-global-market-report
Which Regions Are Becoming Hubs for Healthcare RFID Market Innovation?
North America was the largest region in the healthcare RFID market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare RFID market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Healthcare RFID Market?
2. What is the CAGR expected in the Healthcare RFID Market?
3. What Are the Key Innovations Transforming the Healthcare RFID Industry?
4. Which Region Is Leading the Healthcare RFID Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Strong Growth Ahead: Healthcare RFID Market Size To Grow At Arecord 20.3% Cagr By 2029 here
News-ID: 3957705 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for RFID
RFID Tags For Asset Tracking Market Exceptional Business Performance | Vizinex R …
As the global economy recovers in 2021 and the supply of the industrial chain improves, the RFID Tags For Asset Tracking market will undergo major changes. The latest research shows that the RFID Tags For Asset Tracking industry market size will be million US dollars in 2021, and will grow to million US dollars in 2028, with an average annual growth rate of %.
The global RFID Tags For Asset Tracking…
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…
