PUBLISHER: Lucintel | PRODUCT CODE: 1311183
PUBLISHER: Lucintel | PRODUCT CODE: 1311183
The future of RFID in the global healthcare market looks promising with opportunities in the asset tracking, patient tracking, pharmaceutical tracking, and blood tracking applications. The use of RFID in the global healthcare market is expected to reach an estimated $12.1 billion by 2028 with a CAGR of 16.4% from 2023 to 2028. The major drivers for this market are increasing use of this technology for improved patient security and effective inventory management, growing adoption of automated processes in the healthcare sector, and expanding use of RFID by staffs to track essential items used in surgeries.
A more than 150-page report is developed to help in your business decisions.
The study includes trends and forecast for RFID in the global healthcare market by product, application, and region, as follows:
RFID in Healthcare Market by Product [Shipment Analysis by Value from 2017 to 2028]:
RFID in Healthcare Market by Application [Shipment Analysis by Value from 2017 to 2028]:
RFID in Healthcare Market by Region [Shipment Analysis by Value from 2017 to 2028]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, RFID companies in the healthcare market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the RFID companies in the healthcare market profiled in this report includ:-
FAQ
Q1. What is the healthcare market size in terms of RFID usage?
Answer: The global healthcare market in terms of RFID usage is expected to reach an estimated $12.1 billion by 2028.
Q2. What is the growth forecast for RFID in the healthcare market?
Answer: The use of RFID in the global healthcare market is expected to grow with a CAGR of 16.4% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of RFID in the healthcare market?
Answer: The major drivers for this market are increasing use of RFID for improved patient security and effective inventory management, growing adoption of automated processes in the healthcare sector, and expanding use of RFID by staffs to track essential items used in surgeries.
Q4. What are the major segments for RFID in healthcare market?
Answer: The future of RFID in the healthcare market looks promising with opportunities in the asset tracking, patient tracking, pharmaceutical tracking, and blood tracking applications.
Q5. Who are the key RFID companies in the healthcare market?
Answer: Some of the key RFID companies in the healthcare market are as follows:
Q6. Which healthcare segment in terms of RFID usage will be the largest in the future?
Answer:Lucintel forecasts that tags will remain the larger product type segment over the forecast period due to the substantial use of this technology to find any patient in a hospital, thus ensuring their safety and continuing the care process.
Q7. In RFID in healthcare market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the existence of well-established healthcare infrastructure, increasing use of RFID to reduce risks of pharmaceutical mistakes, and an increase in the number of regulations pertaining to patients' safety in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.