Global Healthcare Radio Frequency Identification Market Insights, Forecast to 2028

The radio frequency identification (RFID) is a technology that uses radio waves to transfer data from an electronic tag, called RFID tag attached to an object, through a reader. RFID uses radio-frequency tags attached to people or objects to provide identification, tracking, security, and other functions that fall under the general heading of automatic identification and data capture (AIDC). Medical errors could be prevented by building a safer healthcare system. The RFID has been applied in hospital management for quickly retrieving patient information and monitoring patient locations in the hospital. Integrated RFID with hospital information systems (HIS) and electronic health records (EHRs) supported by clinical decision support systems (CDSS), facilitates processes and reduce medical, medication and diagnosis errors.
Market Analysis and Insights: Global Healthcare Radio Frequency Identification Market
The global Healthcare Radio Frequency Identification market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Tags accounting for % of the Healthcare Radio Frequency Identification global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Equipment Tracking segment is altered to an % CAGR throughout this forecast period.
China Healthcare Radio Frequency Identification market size is valued at US$ million in 2021, while the North America and Europe Healthcare Radio Frequency Identification are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Healthcare Radio Frequency Identification landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Healthcare Radio Frequency Identification market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Healthcare Radio Frequency Identification market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Healthcare Radio Frequency Identification market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Healthcare Radio Frequency Identification market.
Global Healthcare Radio Frequency Identification Scope and Market Size
Healthcare Radio Frequency Identification market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Healthcare Radio Frequency Identification market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Tags
Reader
Other
Segment by Application
Equipment Tracking
Medical Records Tracking
Medicine Tracking
People Identification and Tracking
Supply Chain Tracking
By Company
NXP Semiconductors
Texas Instruments
Atmel
Infineon
ADI
STMicroelectronics
Melexis
RF Solutions
3M
Toshiba
Alien Technology
Fudan Microelectronics
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA