Market Industry Reports (MIR) has published a new report titled “Healthcare RFID Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global healthcare RFID market is estimated to be over US$ 3.5 billion in 2019. It is anticipated to grow at a CAGR of 22.0% from 2019 to 2030.
RFID technology in healthcare domain offers much reliable and automated data captured system that allows numerous healthcare applications to enhance the patient safety, support the medical staff, manage the surgical devices and instruments, patient workflow, authenticate quality and also sterilization processes, automate replenishment and billing, automate supply chain management, and efficiently manage medical equipment location.
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Some of the prominent players in the Healthcare RFID Market include:
Alien Technology, LLC., GAO Group, Honeywell International Inc., Impinj, Inc., Mobile Aspects, Inc., STiD RFID, Radianse, RF Technologies, Inc., STANLEY Healthcare, Solstice Medical
In healthcare industry RFID technology can be used in supply chain application, quality assurance application and for patient safety. These RFID technology can be deployed in hospitals and clinics to improve patient flow, reduce medial errors, improve asset utilization rates, mange inventories & implants, and among others. Many hospitals, Pharmacies and clinic adopted RFID technology to improve patient safety. Hospitals use RFID technology for patient tracking provide wrist bands to the patients with their complete information. These bands hold information about their medical history, treatment regimen, and details of the ailment. RFID readers and software enables surgeons to understand background of patients and provide a suitable treatment. This in turn aids to substantial growth of the healthcare RFID market.
The Healthcare RFID Market is segmented on the basis of Product, Modality, Cancer Type, End-Users and region.
By Product:
Tags, Readers, Printers, Software and Others
Application:
Tracking and Monitoring
End Users:
Pharmaceutical and Biotechnology Companies, Hospitals and Research Institutes
Research Approach
As a standard protocol at MIR, all research assignments go through the following rigorous processes.
- Secondary Research
- Primary Research
- Market Size Estimation & Forecasting
- Data Validation & Triangulation
- Report Generation
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Table of Contents
- INTRODUCTION
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2017 & 2018; Base Year – 2019; Forecasted Years – 2020 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Data Validation and Triangulation
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESSMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
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