Radio-Frequency Identification (RFID) uses radio waves to read and capture information stored on a tag attached to an object. This tag can be read from several feet distance and does not need to be within direct line-of-sight of the reader. In healthcare industry, RFID technology can be used in supply chain applications, patient safety, and in quality assurance applications. RFID can be deployed in hospitals and clinics to improve patient flow, reduce medial errors, improve asset utilization rates, and mange inventories & implants, among others.
Improvement of inventory management in hospitals, pharmacies, and biotechnology companies; improved patient safety by healthcare providers, low-cost and high efficacy of the RFID systems, and adoption of automated process in hospitals and pharmacies are expected to spur the growth of healthcare RFID during the forecast period. Furthermore, many research activities are being carried out by non-profit organizations for development of new technologies to reinforce RFID in healthcare.
The global healthcare RFID market is broadly segmented into four broad categories: by product, by application, by end user, and by geography. The global RFID product market includes RFID tags, monitors, printers, readers, and software, among others. These RFID tags can be used for asset tracking, pharmaceutical tracking, patient tacking, and for tacking blood monitoring systems. While the software and hardware are used for reading and displaying the information on the RFID tags. Based on the application areas, RFID in healthcare is broadly segmented into tracking and monitoring. Global healthcare RFID market based on the end user can be segmented to its use in pharmaceutical/biotechnology companies, research institutes, and hospitals, among others.
The global healthcare RFID report analyses four major geographies, North America, Europe, Asia Pacific and Rest of the World (RoW: Latin America and Middle East & Africa). Rising number of collaboration in the medical device industry, research by non-profits organizations and presence of sophisticated healthcare infrastructure contribute to the dominance of North American healthcare RFID market. Asia-Pacific is expected to witness the highest growth during the forecast period. This high growth is attributed to the improving healthcare infrastructure in India, China, and Japan. Adding to this, rising concern to track expensive medical devices, patient safety, and up-gradation of hospitals is likely to drive the market fastest in this region.
Some of the major players in the global healthcare RFID market include Alien Technology Corporation (U.S.), Gao RFID, Inc. (Canada), Honeywell International Inc. (U.S.), Impinj Inc. (U.S.), Mobile Aspects, Inc. (U.S.), RF Technologies (U.S.), Radianse (U.S.), STiD RFID (France), Solstice Medical, LLC (U.S.), and Stanley Healthcare (U.S.), among others
Table of Contents
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
2 Research Methodology
2.1. Research Methodology Steps
2.2 Secondary and Primary Research Methodology
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Key Industry Insights
2.3 Key Data From Primary Sources
2.4 Key Insights From Primary Sources
2.5 Market Size Estimation Methodology
2.5.1 Research Design
2.6 Market Data Validation and Triangulation
2.7 Assumptions for the Study
3 Executive Summary
4 Premium Insights
5 Market Overview
5.2 Market Dynamics
6 Healthcare RFID Market, By Product
6.6 Others (If Any)
7 Healthcare RFID Market, By Application
7.4 Others (If Any)
8. Healthcare RFID Market, By End User
8.2 Pharmaceutical and Biotechnology Companies
8.4 Research Institutes
8.5 Others (If Any)
9 Healthcare RFID Market, By Region
9.2 North America
9.5 Rest of the World (Consolidated Market Numbers of Latin America, Arfica, Middle-East Will Be Provided)
10 Competitive Landscape
10.2 Competitive Situation and Trends
10.2.1 Agreements/Partnerships/Joint Ventures/ Collaborations
10.2.3 New Product Launches
10.2.5 Others (If Any)
11 Company Profiles
11.2 Alien Technology Corporation
11.2.1 Business Overview
11.2.2 Financial Overview
11.2.3 Service Offerings
11.2.4 Recent Developments
11.3 Gao RFID, Inc.
11.4 Honeywell International Inc.
11.5 Impinj Inc.
11.6 Mobile Aspects, Inc.
11.7 RF Technologies
11.9 STiD RFID
11.10 Solstice Medical, LLC
11.11 Stanley Healthcare
Pointers 11.2.1 to 11.2.4 will be replicated for 10 prominent companies
1. All the markets will be provided for the years 2014, 2015, 2016 and forecasts till 2021
2. Revenue for companies might not be captured for companies whose financial data is not available in public domain
3. The above scope is subject to change as the research work progresses depending upon insights/inputs from Key Opinion Leaders (KOLs), Subject Matter Experts (SMEs), and Industry Veterans
Benchmarking the rapid strategy shifts of the Top 100 companies in the Healthcare RFID MarketRequest For Special Pricing