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RFID in Healthcare Market Size to be Worth USD 12.89 Billion Growing at 15.0% CAGR till 2027; Industry Revenue, Statistics, Forecast by Emergen Research

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RFID in Healthcare Market Size to be Worth USD 12.89 Billion Growing at 15.0% CAGR till 2027; Industry Revenue, Statistics, Forecast by Emergen Research

February 09
23:30 2021
The Increasing RFID penetration in different sectors and IoT development are driving the demand for the market

The Global RFID in Healthcare Market is expected to reach USD 12.89 Billion by 2027, according to a new report by Emergen Research. Some of the growth drivers of the market include growing emphasis on reducing operating costs and streamlining the process, demand for effective supply chain management, and improving care quality and performance.

The report on the Global RFID in Healthcare Market studies the RFID in Healthcare market to offer accurate revenue estimations. The RFID in Healthcare market is poised to achieve a valuation of USD 12.89 billion by 2027, from its valuation of USD 3.69 billion in 2019, registering a CAGR of 15.0%. The report also sheds light on the various factors affecting the growth of the market.

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The global RFID in Healthcare market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the RFID in Healthcare market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the RFID in Healthcare market.

Product Outlook (Revenue: USD Billion; 2017-2027)

    • Systems & Software
    • Tags

Application Outlook (Revenue: USD Billion; 2017-2027)

    • Asset Tracking
    • Patient Tracking
    • Pharmaceutical Tracking
    • Blood Tracking
    • Others

Based on the competitive landscape, the market report analyzes the key companies operating in the industry:

Logi-Tag Systems, Cardinal Health, LLC, Terso Solutions, Hurst Green Plastics Ltd, CenTrak, Tagsys, Zebra Technologies Corporation, Impinj, Inc., MetraTec GmbH, and Palex Medical SA, among others.

Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

To know more about the report, click here @ https://www.emergenresearch.com/industry-report/rfid-in-healthcare-market

Due to the growing number of hospitals and the presence of patient safety laws, North America has dominated the global market. The US is the region’s biggest market, helping to make this technology more popular in healthcare. The regional growth is driven by high awareness of the advantages of incorporating RFID together with growing concern about the risk of medication errors.

Key Benefits of Buying the Global RFID in Healthcare Report:

  • Comprehensive analysis of the changing competitive landscape
  • Assists in decision making processes for the businesses along with detailed strategic planning methodologies
  • The report offers an 8-year forecast and assessment of the Global RFID in Healthcare Market
  • Helps in understanding the key product segments and their estimated growth rate
  • In-depth analysis of market drivers, restraints, trends, and opportunities
  • Comprehensive regional analysis of the Global RFID in Healthcare Market
  • Extensive profiling of the key stakeholders of the business sphere
  • Detailed analysis of the factors influencing the growth of the Global RFID in Healthcare Market

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. RFID in Healthcare Market Segmentation & Impact Analysis

    4.1. RFID in Healthcare Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Rising requirement for reducing operating costs

                    4.2.2.2. Adoption of Radio-frequency Identification (RFID) in healthcare

                    4.2.2.3. Recent technological advancement

                    4.2.2.4. Improving healthcare infrastructure in emerging economies

                    4.2.2.5. Mandates for increasing patient safety

          4.2.3. Market restraints analysis

                    4.2.3.1. Industry Challenges

                    4.2.3.2. Lack of skilled labor during COVID-19

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. RFID in Healthcare Market By Product Insights & Trends, Revenue (USD Million)

    5.1. Product Location Dynamics & Market Share, 2019 & 2027

          5.1.1. Tags

          5.1.2. Systems and Software

Continue…!

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