Article -> Article Details
| Title | Healthcare RFID Market Size 2022 Global Industry - Key Players, Share, Trends |
|---|---|
| Category | Fitness Health --> Health Articles |
| Meta Keywords | Healthcare RFID Market Size |
| Owner | Vaibhav |
| Description | |
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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 Size. 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. The Healthcare RFID Market Size is expected to reach USD 1947.04 Million by 2030
at 13.10% CAGR during the forecast period 2022-2030. Major 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 Segment Analysis The global rfid in healthcare 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. About Market Research
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