What is the current RFID Healthcare Market size?

The RFID Healthcare Market is projected to register a CAGR of 2.45% during the forecast period (2024-2029) Read More

Who are the key players in RFID Healthcare Market?

Zebra Technologies Corporation, Avery Dennison Corporation, CCL Industries Inc., Alien Technology Corporation and GAO RFID, Inc are the major companies operating in the RFID Healthcare Market. Read More

Which is the fastest growing region in RFID Healthcare Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in RFID Healthcare Market?

In 2024, the Asia Pacific accounts for the largest market share in RFID Healthcare Market. Read More

What years does this RFID Healthcare Market cover?

The report covers the RFID Healthcare Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the RFID Healthcare Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

RFID Healthcare Market - Share, Growth & Size

RFID Healthcare Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global RFID Technology in Healthcare Market and it is Segmented by Product (Tags & Labels and RFID Systems (Asset Tracking Systems, Patient Tracking Systems, Pharmaceutical Tracking Systems, and Blood Monitoring Systems), End-user (Hospitals and Pharmaceuticals), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

RFID in Healthcare Industry Overview

The RFID market in healthcare primarily comprises multiple regional and international players in a fairly contested market space. Furthermore, firms gain a sustained competitive edge due to technological progress. Technologies like the Internet of Things and cloud computing are altering market developments. Overall, it is anticipated that the intensity of competitive competition between vendors will be high throughout the period under review and continue to do so. Some key players in the market are Alien Technology Corporation, Zebra Technologies Corporation, CCL Industries Inc., Avery Dennison Corporation, and Biolog-id GAO RFID, Inc., among others.

In June 2023, Ascom announced a contract agreement with Niels-Stensen-Kliniken Group in Germany with the installation of the Ascom innovative alarming system solution and IP-DECT infrastructure and Digitization of the healthcare infrastructure, making it possible to ensure more efficient and better patient care while optimizing overall costs.

In March 2023, Zebra Technologies Corporation announced that Alpro Pharmacy had introduced Zebra's mobile computing and RFID solutions to digitalize its manual inventory management system to advance its fast-growing business. The first stage of digitalization was to equip Alpro Pharmacy's front-line workers with Zebra's TC21 touch computers to replace their manual inventory management system using pen and paper. The mobile devices were introduced to assist with all inventory management tasks, from receiving goods at Alpro Pharmacy's distribution center to picking goods for its retail stores and e-commerce orders, to name a few. The solution has since enhanced Alpro Pharmacy's efficiency by approximately 80% and improved its accuracy by reducing human errors.