Global RFID in healthcare market is set to witness a healthy CAGR of 22.75% in the forecast period of 2019- 2026. Rising demand for RFID in healthcare sector and increasing awareness about patient safety is another major factor for the growth of this market.
In this competitive age, it is very important to get informed about the major happenings with the valuable market reports and industry insights so that you never miss anything. This RFID in healthcare market research report gives clear idea about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. It helps gain an extreme sense of evolving industry movements before competitors. This study also analyzes the market status, market share, growth rate, sales volume, future trends, market drivers, market restraints, revenue generation, opportunities and challenges, risks and entry barriers, sales channels, and distributors.
RFID in healthcare market research report bestows with the strength to any kind of business whether it is large, medium or small for surviving and succeeding in the market. RFID in healthcare market report comprises of data that can be very much essential when it is about dominating the market or making a mark in the market as a new emergent. It also studies the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors with the help of SWOT analysis and Porter’s Five Forces Analysis.
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Few of the major competitors currently working in the global RFID in healthcare market are Alien Technology, LLC, GAO Group Inc, Honeywell International Inc, Impinj, Inc., Mobile Aspects, Inc., RF Technologies, Inc., Radianse, STID, STANLEY Healthcare, SATO HOLDINGS CORPORATION. Motorola Solutions, Inc, CAEN RFID S.r.l., NewAge Industries, Inc., IBM Corporation, Siemens, AMERICAN RFID SOLUTIONS, LLC, 3M.
Global RFID in healthcare market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of RFID in healthcare market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Technological advancement and development in RFID will also act as a driver for this market
Increasing healthcare expenditure is driving the market growth
Rising demand for cost efficient and better drugs among population will also propel the market growth
Increasing demand of RFID in pharmacies, hospital and biotech companies will also drive the market
Lack of awareness about RFID will restrain the market growth
Dearth of barcode system will also hamper the market
Lack of standardization will also act as a restrain for this market
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
Segmentation: Global RFID in Healthcare Market
By End- User
Research Institutes and Laboratories
Middle East & Africa
Key Developments in the Market:
In September 2018, Barcoding Inc announced that they have acquired Danforth Systems LLC so that they can expand their RFID capabilities. These both companies will create different expertise in operations management, mobile data capture systems, RFID technology and barcoding scanner. This acquisition will help the company to provide accurate, combined, and accurate services to their customers.
In January 2017, Novanta Inc announced that they have acquired ThingMagic. This acquisition will help them to combine RFID based technologies of JADAK and ThingMagic so that Novanta can provide RFID solutions and strengthening their position in market place. This will also help them to provide improvement in workflow solutions, anti-counterfeiting, and asset tracking in a medical environment.
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Current and future of global RFID in healthcare market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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