RFID in Healthcare - Global Strategic Business Report

The global market for RFID in Healthcare is estimated at US$6.0 Billion in 2023 and is projected to reach US$15.7 Billion by 2030, growing at a CAGR of 14.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the RFID in healthcare market is driven by several factors, including advancements in RFID technology, the increasing need for efficient healthcare management systems, and rising regulatory requirements for patient safety. Technological innovations have made RFID systems more affordable and easier to implement, broadening their adoption across various healthcare facilities. The growing emphasis on reducing medical errors and improving patient outcomes has led to greater investment in RFID solutions. Additionally, regulatory bodies are mandating stricter tracking and management of medical devices and pharmaceuticals, which is further propelling the demand for RFID technology. The surge in the number of patients and the need for efficient workflow management in hospitals and clinics are also significant drivers. Moreover, RFID is also being adopted on account of its role in robust tracking systems for managing medical supplies and ensuring patient safety.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Pharmaceutical Tracking Application segment, which is expected to reach US$5.3 Billion by 2030 with a CAGR of a 14.4%. The Patient Tracking Application segment is also set to grow at 17.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $1.7 Billion in 2023, and China, forecasted to grow at an impressive 18.1% CAGR to reach $3.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global RFID in Healthcare Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global RFID in Healthcare Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global RFID in Healthcare Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as 3M Company, Cardinal Health, Inc., Accenture PLC, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 161 Featured):

• 3M Company
• Cardinal Health, Inc.
• Accenture PLC
• Bartronics India Ltd.
• Cadi Scientific Pte., Ltd.
• Ascendent ID, Inc.
• Argent International, Inc.
• Bartec Auto ID Ltd.
• Applied Wireless IDentifications Group (AWID), Inc.
• Biolog-id
• Black Creek Integrated Systems Corporation
• Bluebird Inc.
• ACC Systems, Inc.
• Beijing ChinaReader Technology CO.,Ltd
• CDVI Group