Healthcare RFID Industry Analysis 2019 Global Industry Share, Size Estimation, Demand, Trend, Challenges, Comprehensive Insights, Future Forecasts To 2023
The leading drivers and restraints operating on the Healthcare
RFID Market Research Report – Global Forecast till 2023 are also profiled in
the report to illustrate the extent of their impact on the market.
Radiofrequency
identification (RFID) is used for patient monitoring, efficiencies in patient
care, tracking, and provider satisfaction. RFID is a wireless system that
exploits radio waves for collecting data from a tag attached to an object, for
several purposes such as automatic identification, and tracking of objects.
The
rising concerns about inventory management, awareness about patient safety, and
increasing acceptance of automation in the healthcare sector are the major
factors driving the growth of the global healthcare RFID market. Additionally,
aggressive strategies adopted by the top players and the introduction of new
products in the market are fueling the growth of the market during the forecast
period. For instance, Alien Technology Corporation, a leader in RFID technology
introduced RFID Reader with the ALR-F800-X, the product is known for its use in
maintaining the workflow and efficiently handling the data. Also, the company
is trying to expand its geographical boundaries by signing distribution
agreements.
Market key Players
Some
of the key players in the global healthcare RFID market are Alien Technology
Corporation, Applied Wireless Identifications Group, Inc., CAEN RFID S.r.l.,
Gao RFID, Inc., Honeywell International Inc., Impinj Inc., Invengo Information
Technology Ltd. Co., Mobile Aspects, Inc., Motorola Solutions, Inc., Radianse,
RF Technologies, Stanley Healthcare, and STiD RFID
Segmentation
The
global healthcare RFID market has been segmented on the basis of component,
application, end user, and region.
On
the basis of component, the market has been segmented into tags, readers,
middleware, printers, and others. The tags segment is further divided into
active tags and passive tags. The reader segment is further segmented into
active reader and passive reader.
The
global healthcare RFID market, by application, has been segmented into
equipment tracking, people identification and tracking, medical report and
blood samples tracking medicine tracking, and others.
On
the basis of end user, the market has been classified as pharmaceutical and
biotechnology companies, hospitals, research institutes, and others.
Regional
Analysis
The
market is likely to dominate by Americas during the forecast period owing to
the increasing prevalence of cancer patients, increasing cases of drug
counterfeiting, and well-established healthcare sector in the region. The
European market is expected to be the second-largest due to government funding
and support of the healthcare sector, raising awareness about the innovative
technologies, and improvement in the healthcare sector with respect to
infrastructure and facilities. Moreover, the market in Asia-Pacific is
anticipated to be the fastest-growing during the forecast period owing to
technological development, the increasing prevalence of chronic diseases,
rising investments in healthcare and expansions by market players in the
region. The market in the Middle East & Africa is likely to account for the
smallest share of the global healthcare RFID market.
Healthcare RFID Market: Information By
Component (Tags, Readers, Middleware, Printers), Application (Equipment
Tracking, Medicine Tracking, Others), End-User (Pharmaceutical and
Biotechnology Companies, Hospitals, Others) — Global Forecast till 2023.Vist
more info @
Key Questions Answered
·
What is the market size?
·
What is the growth rate if the market in
next 5 years?
·
Who are the major players in the market?
·
Which Segments are growing faster?
·
What factors are contributing to positive
growth of the market?
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