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Published: Nov, 2015 | Pages:
82 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)
Global RFID in healthcare market is expected to reach USD 4,866 million by 2022, according to a new study by Grand View Research, Inc. Major factors facilitating its growth include increasing usage of RFID technologies pertaining to product & patient tracking and technological advancement such as the development of novel products which include Smart Face Technology & TexTrace RFID tag Furthermore, improvements pertaining to efficiency of supply chain and inventory accuracy are expected to significantly drive the levels of RFID adoption in healthcare during the forecast period. According to the data published by the National Institutes of Health in 2013, stated that each year nearly 98,000 deaths are caused in hospitals due to medical errors. Such escalating statistics has prompted the growth of RFID in healthcare market over the forecast period. In addition, benefits pertaining to patient centric applications by embedding passive RFID into stationary devices and mobiles, has spurred the demand of RFID systems especially in point of care solutions, electronic medical records and automated pharmaceutical receipt & distribution. Constant research activities undertaken by the nonprofit organizations such as the Health Industry Business Communications Council (HIBCC) to develop and promote the usage of advanced technological solutions such as multiresonator based chipless RFID tags, which in turn are expected to positively reinforce RFID in healthcare market growth over the forecast period. RFID in healthcare industry is segmented on the basis of product type that includes RFID systems and tags. Further, systems and tags have been fragmented depending upon the use such as asset, pharmaceutical & patient tracking and blood monitoring. Due to rising concern for substantial inventory management of blood products, the blood monitoring systems are anticipated to gain momentum over the forecast period. Further key findings from the study suggest: In 2014, North America held largest market share of nearly 51% owing to the presence of sophisticated healthcare infrastructure, and increasing number of collaborations between medical device industry, regulatory authorities and nonprofit research organizations. Furthermore, high level research expenditure pertaining to healthcare industry is anticipated to drive the RFID in healthcare market growth in the coming seven years. Asia Pacific is expected to be one of the most lucrative regional market, growing at a CAGR of over 30% during the forecast period. Improving healthcare infrastructure and high level economic growth in developing countries such as China, India, and South Korea is expected to boost usage rates of RFID systems over the forecast period. Furthermore, rising concern for patient safety and tracking of expensive medical devices, are among the key factors attributing to market growth in this region. Key players operating in RFID in healthcare market include SpaceCode Technologies, Terso Solutions Inc., Dolphin RFID, GAO RFID, Smartrac NV, Motorola, CAEN RFID, Zebra and Alien technology. Constant implementation of innovative approaches in novel product development, are among the key strategies adopted by these major players.
Table of Content
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 RFID in Healthcare Industry Outlook
3.1 Market segmentation
3.2 Market size and growth prospects, 2012 - 2022
3.3 RFID in healthcare market dynamics
3.3.1 Market driver analysis
3.3.2 Market restraint analysis
3.4 Key Opportunities Prioritized
3.5 Industry analysis - Porter's
3.6 RFID in healthcare market PESTEL Analysis
3.7 Company market share analysis, 2014
Chapter 4 RFID in Healthcare Market Product Outlook
4.1 RFID in healthcare market share, by product, 2014 & 2022
4.2 Systems
4.2.1 Systems market, 2012 - 2022 (USD Million)
4.2.2 Asset tracking systems market, 2012 - 2022 (USD Million)
4.2.3 Patient tracking systems market, 2012 - 2022 (USD Million)
4.2.4 Pharmaceutical trackin systems market, 2012 - 2022 (USD Million)
4.2.5 Blood monitoring systems market, 2012 - 2022 (USD Million)
4.3 Tags
4.3.1 Tags market, 2012 - 2022 (USD Million)
4.3.2 Asset tracking tags market, 2012 - 2022 (USD Million)
4.3.3 Patient tracking tags market, 2012 - 2022 (USD Million)
4.3.4 Pharmaceutical trackin tags market, 2012 - 2022 (USD Million)
4.3.5 Blood monitoring tags market, 2012 - 2022 (USD Million)
Chapter 5 RFID in Healthcare Market Regional Outlook
5.1 RFID in healthcare market share, by region, 2014 & 2022
5.2 North America
5.2.1 North America RFID in healthcare market, 2012 - 2022 (USD Million)
5.2.2 U.S
5.2.3 U.S. RFID in healthcare market,2012 - 2022 (USD Million)
5.2.4 Canada
5.2.5 Canada RFID in healthcare market, 2012 - 2022 (USD Million)
5.3 Europe
5.3.1 Europe RFID in healthcare market, 2012 - 2022 (USD Million)
5.3.2 Germany
5.3.3 Germany RFID in healthcare market, 2012 - 2022 (USD Million)
5.3.4 UK
5.3.5 UK RFID in healthcare market, 2012 - 2022 (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific RFID in healthcare market, 2012 - 2022 (USD Million)
5.4.2 Japan
5.4.3 Japan RFID in healthcare market, 2012 - 2022 (USD Million)
5.4.4 China
5.4.5 China RFID in healthcare market, 2012 - 2022 (USD Million)
5.5 Latin America
5.5.1 Latin America RFID in healthcare market, 2012 - 2022 (USD Million)
5.5.2 Brazil
5.5.3 Brazil RFID in healthcare market, 2012 - 2022 (USD Million)
5.6 MEA
5.6.1 MEA RFID in healthcare market, 2012 - 2022 (USD Million)
5.6.2 South Africa
5.6.3 South Africa RFID in healthcare market, 2012 - 2022 (USD Million)
Chapter 6 Competitive Landscape
6.1 Log Tag
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Terson Solutions
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Solstice Medical LLC
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Logi Tag
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Wave Mark
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Mobile Aspects Inc
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Hurst Green Plastics Ltd.
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Tagsys RFID Group
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.8.4 Strategic Initiatives
6.9 Pepperl+Fuchs
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Metra Tec GmbH
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
6.11 Bollhoff Group
6.11.1 Company Overview
6.11.2 Financial Performance
6.11.3 Product Benchmarking
6.11.4 Strategic Initiatives
6.12 Wurth Group
6.12.1 Company Overview
6.12.2 Financial Performance
6.12.3 Product Benchmarking
6.12.4 Strategic Initiatives
6.13 Stanley Innerspace
6.13.1 Company Overview
6.13.2 Financial Performance
6.13.3 Product Benchmarking
6.13.4 Strategic Initiatives
6.14 Datelka
6.14.1 Company Overview
6.14.2 Financial Performance
6.14.3 Product Benchmarking
6.14.4 Strategic Initiatives
6.15 Brooks Automation
6.15.1 Company Overview
6.15.2 Financial Performance
6.15.3 Product Benchmarking
6.15.4 Strategic Initiatives
6.16 Grifols
6.16.1 Company Overview
6.16.2 Financial Performance
6.16.3 Product Benchmarking
6.16.4 Strategic Initiatives
6.17 Bard Peripheral Vascular Inc.
6.17.1 Company Overview
6.17.2 Financial Performance
6.17.3 Product Benchmarking
6.17.4 Strategic Initiatives
List of Tables TABLE 1 RFID in Healthcare Market - Industry Summary & Key Buying Criteria, 2012 - 2022 TABLE 2 Global RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 3 RFID in healthcare market, by region, 2012 - 2022 (USD Million) TABLE 4 RFID in healthcare market - Key market driver analysis TABLE 5 North America RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 6 U.S. RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 7 Canada RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 8 Europe RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 9 Germany RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 10 UK RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 11 Asia Pacific RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 12 Japan RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 13 China RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 14 Latin America RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 15 Brazil RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 16 MEA RFID in healthcare market, by product, 2012 - 2022 (USD Million) TABLE 17 South Africa RFID in healthcare market, by product, 2012 - 2022 (USD Million)
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