Global RFID in Healthcare Market
At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. According to Verified Market Intelligence, the Global RFID in Healthcare Market was valued at USD 2.86 billion in 2017 and is projected to reach USD 12.02 billion by 2025, growing at a CAGR of 19.6% from 2018 to 2025.
With growing advancement in technology, consumer convenience tops the priority list of manufacturers. To track the device and provide information regarding the product, component designers have introduced a new concept of radio frequency identification (RFID). This has flourished in healthcare marketplace as the companies from healthcare domain are readily incorporating this unique identification code which can help healthcare professionals to fetch information about any particular device or equipment.
Increasing operational efficiency in the healthcare management system and the advantages of RFID over ordinary tags has been driving the global RFID market in healthcare marketplace. Apart from this, privacy concerns and difficulties in scaling the product might hamper the overall growth rate of global RFID in healthcare market.
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The “Global RFID in Healthcare Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Brooks Automation, Grifols, Wurth Group, Log Tag, Terso Solutions, Logi Tag, Wave Mark, Mobile Aspects, Hurst Green Plastics, Tagsys RFID Group, Pepperl+Fuchs, Stanley Innerspace, Datelka, Metra Tec GmbH and Bollhoff Group. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market estimation, the study also comprises a list of tables and figures for the “Global RFID in Healthcare Market” which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application and geography.
On the basis of type, the Global RFID in Healthcare Market can be categorized into two sections; product and application. This market study analyses the industry for Global RFID in Healthcare based on these divisions. RFID in Healthcare’s products are divided into RFID Systems and RFID tags. The industry is then sectioned by application which includes injection safety, infection control, tracking prescription drugs and others. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
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