1. Market Research
  2. > Wireless Technology Market Trends

Market Opportunity for RFID Smart Cabinet Systems in Healthcare

  • May 2015
  • 51 pages
  • Frost & Sullivan
Report ID: 3005979

Summary

Table of Contents

Internet of Things to Shape the Future

The research service provides an overview of the application of radio frequency identification (RFID) in the healthcare industry. It specifically focuses on RFID smart cabinet systems that track equipment and medical supplies in a healthcare environment. The study aims to analyse the technological advancements in RFID smart cabinet systems and includes the business models of key market participants in this space. It also covers the market adoption for RFID smart cabinet systems by healthcare professionals and discusses the factors that impact such adoption.

Key Findings
- Adoption of radio frequency identification (RFID) is increasing in the healthcare and pharmaceutical industries, especially in the areas of assets tracking, supply chain management, and inventory management.
- Hospitals are the major end users of RFID smart cabinets, with catheterisation laboratories (cath labs), operating rooms (ORs), and surgical departments being the major application areas.
- Pharmaceuticals are employing RFID to prevent counterfeit drugs from entering the supply chain. RFID is also being used in warehouse management.
- The uptake of RFID smart cabinets, currently medium, is likely to be high over the next - years.
- The growing need to improve efficiency and outcome in healthcare settings is a major driver for the utilisation of RFID smart cabinets in inventory management and asset tracking of equipment and supplies.
- Going forward, RFID cabinets with integrated analytics based on cloud and accessed through webbased applications will see greater demand under the influence of Internet of Things (IoT) and Near Field Communication (NFC).
- There will be a growing demand for virtual management and managed services compared to outright purchase of cabinets, as capital expenses and overhead costs are minimum.
- In the near future, vendors of supplies and equipment will provide hospitals with their products in RFID cabinets for tracking their real-time consumption.
- Going forward, hardware of RFID cabinets will not be limited to a storage shelf that can be tracked, and will tend to be a space which can be monitored in real time with access to cloud and analytics platforms.

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
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

RFID Tags Market - - The U.S. Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • May 2017
  • by Transparency Market Research

U.S. RFID Market: Overview Radio frequency identification (RFID) tags are the electronic tags that functions on the principle of radio waves. RFID tags are primarily used to monitor and track objects using ...

RFID Forecasts, Players and Opportunities 2017-2027

  • $ 5729
  • Industry report
  • August 2017
  • by IDTechEx Ltd

The complete analysis of the global RFID industry This report provides key data and analysis based on extensive research including interviews with RFID adopters and solution providers in the various applicational ...

RFID and Barcode Printer Market by Type, Technology, Resolution, Connectivity, Industry - Global Forecast to 2022

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

“Global RFID and barcode printer market to exhibit significant growth between 2017 and 2022” The RFID and barcode printer market is expected to grow at a CAGR of 5.7% between 2017 and 2022 to reach ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

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