1. Market Research
  2. > Wireless Technology Market Trends
  3. > Analysis of the Global Radio-frequency Identification (RFID) Market in Healthcare 

Analysis of the Global Radio-frequency Identification (RFID) Market in Healthcare 

  • March 2016
  • -
  • Frost & Sullivan
  • -
  • 75 pages

Summary

Table of Contents

Analysis of the Global Radio-frequency Identification (RFID) Market in Healthcare : Technology Convergence to Pave Way for New Applications

This research service analyzes the global trends in the RFID market in the healthcare industry. The increasing interest in hospital assets and personnel tracking is expected to have a positive impact on the market. Products included in revenue calculations comprise RFID tags, hardware, and middleware. The study focuses on the various market dynamics, challenges, Mega Trends, and other factors that are likely to drive market growth by 2020. The study also provides a regional and competitive analysis of the market. This deliverable will provide key market participants with the necessary business intelligence to help them understand the future of the RFID market in healthcare.

Key Findings

-Radio Frequency Identification (RFID) penetration in the global healthcare industry is less than %, but with RFID tag pricing continuously declining, this scenario is expected to change.

- Asset tracking will continue to dominate the market throughout the forecast period with personnel tracking being the second-largest application. Additionally, new applications such as hygiene management and blood-sample tracking is attracting interest.

- Active technology will continue to dominate the space through the forecast period. However, passive technology is expected to increase its share in the total market.

- Technologies will merge to give better output to customers. For example, in drug (vaccines) tracking applications, sensor technology will be combined with RFID technology to both track and monitor temperature.

- The evolution of 1st-generation static point-to-point Real-time Location Systems (RTLS), which focuses on static low-distance room-based identification, has now transformed into smarter 2nd- and 3rd-generation systems that can utilize a combination of embedded analytics and larger floor-space tracking.

- The competitive landscape in this market is majorly divided among Tier I and Tier II participants. The market will clearly have 5 top participants after merger and acquisition activities.

Key Questions

- Is the market growing, how long will it continue to grow and at what rate?
- What are the key drivers and restraints for market growth?
- What are the potential areas of growth, globally and region-wise?
- How will the structure of the market change with time? Is the market ripe for acquisitions?
- Are the vendors in the market ready to manage alone, or do they need partnerships to take their business to the next level?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Top 10 Connected/Smart Industries

Top 10 Connected/Smart Industries

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“Growing need for operational efficiency drives the top 10 connected/smart industries” The top 10 connected/smart industries are estimated to grow at a significant rate during its forecast period. ...

Industrial IoT Market by Device & Technology, Software, Vertical, and Geography - Global Forecast to 2022

Industrial IoT Market by Device & Technology, Software, Vertical, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“Increasing demand for the IIoT solutions in the manufacturing vertical is fueling the growth of the IIoT market” The IIoT market is expected to grow at a CAGR of 7.89% between 2016 and 2022 to reach ...

Asset Management System Market by Solution, Asset Type, Industry and Geography - Global Forecast to 2022

Asset Management System Market by Solution, Asset Type, Industry and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Asset management system market expected to exhibit significant growth potential between 2016 and 2022” The asset management system market is expected to reach USD 25.55 billion by 2022, growing at ...

Global Rfid Market 2017-2021

April 2017 $ 3500

Global Rtls Market 2017-2021

January 2017 $ 3500

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.