Global RFID Blood Refrigerator and Freezer Market Size study & Forecast, by Type (RFID Refrigerators, RFID Freezers), by Application (Hospitals and Diagnostic Centres, Blood Banks, Others) and Regional Analysis, 2023-2030

PUBLISHED: July 11, 2023

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Global RFID Blood Refrigerator and Freezer Market is valued at approximately USD 251.18 million in 2022 and is anticipated to grow with a CAGR of more than 15.91% over the forecast period 2023-2030. RFID Blood Refrigerators and Freezers are specialized storage systems designed for blood and blood products, integrating RFID technology for improved tracking and management. These systems utilize RFID tags attached to individual blood bags or containers, which can be wirelessly read by RFID readers. The captured data, including unique identification numbers, is transmitted to a central database or monitoring system, enabling real-time inventory management and traceability. The benefits of RFID Blood Refrigerators and Freezers include enhanced inventory control, accurate tracking, improved traceability, temperature monitoring, and time efficiency. These systems play a crucial role in ensuring the safety, quality, and efficient management of blood products, thus benefiting healthcare facilities and ultimately enhancing patient care. Additionally, the increasing prevalence of chronic diseases and rising medical tourism for better and affordable healthcare treatment are anticipated to be the growth drivers of this market. Furthermore, the growing healthcare industry and emerging global markets are expected to fuel the market space.

According to the World Health Organization (WHO) in 2022, The impact of noncommunicable diseases (NCDs) on the Global RFID Blood Refrigerator and Freezer Market is significant. With 17 million premature NCD-related deaths occurring before the age of 70, the demand for blood and its storage solutions is expected to rise. Proper management and storage of blood products, facilitated by RFID blood refrigerators and freezers, become crucial in ensuring a safe and reliable blood supply. The Global RFID Blood Refrigerator and Freezer Market has the opportunity to support healthcare systems in addressing the challenges posed by NCDs by providing efficient and secure blood storage solutions. According to India Brand Equity Market (IBEF) in 2020, India emerged as a prominent destination for medical tourism, attracting a significant number of foreign visitors seeking medical treatment. With around 186,644 Foreign Tourist Arrivals (FTAs), accounting for 7% of the total FTAs, India's appeal lies in its affordable treatment costs, cultural similarities, language accessibility, and access to specialized procedures. The Global RFID Blood Refrigerator and Freezer Market can contribute to the growth of medical tourism by providing secure storage solutions for blood products, ensuring the availability of high-quality healthcare services for international patients in India. However, the high cost of maintenance and data security & privacy concerns may hamper the growth of the market during the forecasted period of 2023-2030.

The key regions considered for the Global RFID Blood Refrigerator and Freezer Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is the dominating region in the global RFID Blood Refrigerator and Freezer market due to factors such as its advanced healthcare infrastructure, stringent regulatory standards, emphasis on patient safety and early adoption of innovative healthcare technologies. The region's well-established hospitals, blood banks, and healthcare systems provide a solid foundation for the adoption of RFID technology. Stringent regulatory standards and a focus on patient safety drive the demand for advanced blood storage solutions. Asia Pacific is the fastest-growing region in the global RFID Blood Refrigerator and Freezer market due to its rapidly expanding healthcare infrastructure, increasing awareness and adoption of advanced technologies government initiatives, and the presence of emerging economies. The region's growing population, urbanization, and healthcare expenditure are driving the demand for efficient blood storage solutions. With these factors combined, Asia Pacific is experiencing significant growth in the adoption of RFID technology for blood storage and traceability.

Major market player included in this report are:

Angelantoni Life Science Srl
Biomed-Global PTE. Ltd.
Cardinal Health Inc.
Qingdao Haier Biomedical Co. Ltd.
Rollex Group
SATO Vicinity PTY Ltd.
Spacecode Technologies
Terso Solutions Inc.
Thalheimer Kuhlung GmbH & Co KG
Venture Research Inc.

Recent Developments in the Market:

In October 2022, Biolog-id, a leading provider of RFID solutions, introduced an RFID kit tailored specifically for organizations dealing with high volumes of Red Blood Cells (RBC). The company has successfully conducted market validation, and the newly launched HD kit is now being implemented at multiple customer sites, showcasing its ability to effectively support inventory management even in the most complex and demanding environments.

Global RFID Blood Refrigerator and Freezer Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

RFID Refrigerators
RFID Freezers

By Application:

Hospitals and Diagnostic Centres
Blood Banks
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. RFID Blood Refrigerator and Freezer Market, by Region, 2020-2030 (USD Million)
- 1.2.2. RFID Blood Refrigerator and Freezer Market, by Type, 2020-2030 (USD Million)
- 1.2.3. RFID Blood Refrigerator and Freezer Market, by Application, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global RFID Blood Refrigerator and Freezer Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global RFID Blood Refrigerator and Freezer Market Dynamics

3.1. RFID Blood Refrigerator and Freezer Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Prevalence of Chronic Diseases
  - 3.1.1.2. Rising medical tourism
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Maintenance
  - 3.1.2.2. Data Security & Privacy Concern
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing Healthcare Industry
  - 3.1.3.2. Emerging Global Markets

Chapter 4. Global RFID Blood Refrigerator and Freezer Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global RFID Blood Refrigerator and Freezer Market, by Type

5.1. Market Snapshot
5.2. Global RFID Blood Refrigerator and Freezer Market by Type, Performance - Potential Analysis
5.3. Global RFID Blood Refrigerator and Freezer Market Estimates & Forecasts by Type 2020-2030 (USD Million)
5.4. RFID Blood Refrigerator and Freezer Market, Sub Segment Analysis
- 5.4.1. RFID Refrigerators
- 5.4.2. RFID Freezers

Chapter 6. Global RFID Blood Refrigerator and Freezer Market, by Application

6.1. Market Snapshot
6.2. Global RFID Blood Refrigerator and Freezer Market by Application, Performance - Potential Analysis
6.3. Global RFID Blood Refrigerator and Freezer Market Estimates & Forecasts by Application 2020-2030 (USD Million)
6.4. RFID Blood Refrigerator and Freezer Market, Sub Segment Analysis
- 6.4.1. Hospitals and Diagnostic Centres
- 6.4.2. Blood Banks
- 6.4.3. Others

Chapter 7. Global RFID Blood Refrigerator and Freezer Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. RFID Blood Refrigerator and Freezer Market, Regional Market Snapshot
7.4. North America RFID Blood Refrigerator and Freezer Market
- 7.4.1. U.S. RFID Blood Refrigerator and Freezer Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada RFID Blood Refrigerator and Freezer Market
7.5. Europe RFID Blood Refrigerator and Freezer Market Snapshot
- 7.5.1. U.K. RFID Blood Refrigerator and Freezer Market
- 7.5.2. Germany RFID Blood Refrigerator and Freezer Market
- 7.5.3. France RFID Blood Refrigerator and Freezer Market
- 7.5.4. Spain RFID Blood Refrigerator and Freezer Market
- 7.5.5. Italy RFID Blood Refrigerator and Freezer Market
- 7.5.6. Rest of Europe RFID Blood Refrigerator and Freezer Market
7.6. Asia-Pacific RFID Blood Refrigerator and Freezer Market Snapshot
- 7.6.1. China RFID Blood Refrigerator and Freezer Market
- 7.6.2. India RFID Blood Refrigerator and Freezer Market
- 7.6.3. Japan RFID Blood Refrigerator and Freezer Market
- 7.6.4. Australia RFID Blood Refrigerator and Freezer Market
- 7.6.5. South Korea RFID Blood Refrigerator and Freezer Market
- 7.6.6. Rest of Asia Pacific RFID Blood Refrigerator and Freezer Market
7.7. Latin America RFID Blood Refrigerator and Freezer Market Snapshot
- 7.7.1. Brazil RFID Blood Refrigerator and Freezer Market
- 7.7.2. Mexico RFID Blood Refrigerator and Freezer Market
7.8. Middle East & Africa RFID Blood Refrigerator and Freezer Market
- 7.8.1. Saudi Arabia RFID Blood Refrigerator and Freezer Market
- 7.8.2. South Africa RFID Blood Refrigerator and Freezer Market
- 7.8.3. Rest of Middle East & Africa RFID Blood Refrigerator and Freezer Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Angelantoni Life Science Srl
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Eli Lilly and Company
- 8.3.3. Biomed-Global PTE. Ltd.
- 8.3.4. Cardinal Health Inc.
- 8.3.5. Qingdao Haier Biomedical Co Ltd.
- 8.3.6. Rollex Group
- 8.3.7. SATO Vicinity PTY Ltd.
- 8.3.8. Spacecode Technologies
- 8.3.9. Terso Solutions Inc.
- 8.3.10. Thalheimer Kuhlung GmbH & Co KG
- 8.3.11. Venture Research Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global RFID Blood Refrigerator and Freezer Market, report scope
TABLE 2. Global RFID Blood Refrigerator and Freezer Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global RFID Blood Refrigerator and Freezer Market estimates & forecasts by Type 2020-2030 (USD Million)
TABLE 4. Global RFID Blood Refrigerator and Freezer Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 5. Global RFID Blood Refrigerator and Freezer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 6. Global RFID Blood Refrigerator and Freezer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global RFID Blood Refrigerator and Freezer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global RFID Blood Refrigerator and Freezer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global RFID Blood Refrigerator and Freezer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global RFID Blood Refrigerator and Freezer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global RFID Blood Refrigerator and Freezer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global RFID Blood Refrigerator and Freezer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global RFID Blood Refrigerator and Freezer Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global RFID Blood Refrigerator and Freezer Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. U.S. RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 17. U.S. RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. Canada RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 19. Canada RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. UK RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 22. UK RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. Germany RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 25. Germany RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. France RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 28. France RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. Italy RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 31. Italy RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Spain RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 34. Spain RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. RoE RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 37. RoE RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. China RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 40. China RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. India RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 43. India RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. Japan RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 46. Japan RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. South Korea RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 49. South Korea RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. Australia RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 52. Australia RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. RoAPAC RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 55. RoAPAC RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. Brazil RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 58. Brazil RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Mexico RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 61. Mexico RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. RoLA RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 64. RoLA RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. Saudi Arabia RFID Blood Refrigerator and Freezer Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 67. South Africa RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. RoMEA RFID Blood Refrigerator and Freezer Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. List of secondary sources, used in the study of global RFID Blood Refrigerator and Freezer Market
TABLE 70. List of primary sources, used in the study of global RFID Blood Refrigerator and Freezer Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global RFID Blood Refrigerator and Freezer Market, research methodology
FIG 2. Global RFID Blood Refrigerator and Freezer Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global RFID Blood Refrigerator and Freezer Market, key trends 2022
FIG 5. Global RFID Blood Refrigerator and Freezer Market, growth prospects 2023-2030
FIG 6. Global RFID Blood Refrigerator and Freezer Market, porters 5 force model
FIG 7. Global RFID Blood Refrigerator and Freezer Market, pest analysis
FIG 8. Global RFID Blood Refrigerator and Freezer Market, value chain analysis
FIG 9. Global RFID Blood Refrigerator and Freezer Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global RFID Blood Refrigerator and Freezer Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global RFID Blood Refrigerator and Freezer Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global RFID Blood Refrigerator and Freezer Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global RFID Blood Refrigerator and Freezer Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global RFID Blood Refrigerator and Freezer Market, regional snapshot 2020 & 2030
FIG 15. North America RFID Blood Refrigerator and Freezer Market 2020 & 2030 (USD Million)
FIG 16. Europe RFID Blood Refrigerator and Freezer Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific RFID Blood Refrigerator and Freezer Market 2020 & 2030 (USD Million)
FIG 18. Latin America RFID Blood Refrigerator and Freezer Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa RFID Blood Refrigerator and Freezer Market 2020 & 2030 (USD Million)