The Global Healthcare RFID Market is accounted for USD 1,154 million in 2017 and expected to register a 23% CAGR during the forecast period (2021–2027).
Radio-Frequency Identification (RFID) uses radio waves to read and capture information stored on tags attached to objects. The tag can be read from a few feet away and does not have to be in the direct line of sight of the reader. RFID technology is used in patient safety, supply chain applications, and quality assurance applications. This technology can be deployed in hospitals and clinics to improve patient flow, reduce interim errors, improve asset utilization, and manage inventory and implants.
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Market Segments
By Component
- Tags
- Readers
- Middleware
- Printers
- Others
By Application
- Equipment Tracking
- People Identification and Tracking
- Medical Report and Blood Samples Tracking
- Medicine Tracking
- Other
By End-User
- Pharmaceutical and Biotechnology Companies
- Hospitals
- Research Institutes
- Others
Key Players
Some of the major players in the global healthcare RFID market include Alien Technology Corporation (U.S.), Gao RFID, Inc. (Canada), Honeywell International Inc. (U.S.), Impinj Inc. (U.S.), Mobile Aspects, Inc. (U.S.), RF Technologies (U.S.), Radianse (U.S.), STiD RFID (France), Solstice Medical, LLC (U.S.), and Stanley Healthcare (U.S.), among others
Scope of the Report
The research study analyzes the global Healthcare RFID industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Healthcare RFID Market Report
1. What was the Healthcare RFID Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Healthcare RFID Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Healthcare RFID Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Healthcare RFID market.
- The market share of the global Healthcare RFID market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Healthcare RFID market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Healthcare RFID market.
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