- Published: April 2012
- Region: Global
RFID in Healthcare Industry 2010-2014
- Published: July 2011
- 29 pages
- Infiniti Research Limited
TechNavio’s analysts forecast the RFID market in the Healthcare industry to grow at a CAGR of 29 percent over the period of 2010–2014. One of the key factors contributing to this market growth is the reduced cost of RFID tags. The RFID market in the Healthcare industry has also been witnessing vendors entering into strategic alliances and partnerships. However, security issues regarding inventory could pose a challenge to the growth of this market.
Key vendors dominating this market space include Motorola Solutions, Alien Technology, IBM, Intermec, Inc., and Impinj.
TechNavio’s RFID in Healthcare Industry 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the Americas, the EMEA, and the APAC regions; it covers the growth of the RFID market in the Healthcare industry and the major vendors that provide RFID products and services in the Global Healthcare market.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
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01. Executive Summary
03. Market Landscape
04. Vendor Landscape
05. Market Growth Drivers
06. Market Challenges
07. Market Trends
08. Key Vendor Analysis
08.1 Motorola Solutions
08.2 Alien Technology
08.4 Intermec, Inc.
09. Other Reports in this Series
List of Exhibits:
Exhibit 1: RFID in Healthcare Industry 2010-2014 (US $ Billion)
Exhibit 2: Geographical Segmentation of RFID in Healthcare Industry 2010
Exhibit 3: Market Share of Key Vendors in RFID in Healthcare Industry 2010
Reduced Cost of Radio-frequency Identification Tags Encouraging Use in Healthcare
Research conducted by TechNavio reveals that the Radio-frequency Identification (RFID) market in the Healthcare industry is expected to grow at a CAGR of 29 percent. Technavio’s report, which examines the Americas, EMEA, and APAC regions, indicates that the market is currently being driven by the expected fall in the price of RFID tags.
“The cost of RFID tags is expected to fall below the average price in the coming years. In addition, innovative tag designs with technological advances in the fabrication and manufacture of chips are also expected to reduce the cost of tags, which will further drive the RFID market, especially in the Healthcare industry,” reports a TechNavio analyst.
In spite of the demand for RFID tags in the Healthcare industry, privacy and safety concerns are hindering the growth of this market. However, the urgent need to streamline operations in the Healthcare industry is expected to drive the market. Moreover, the RFID market in the Healthcare industry is witnessing the introduction of next generation RFID tags.
These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report, “Radio-frequency Identification Market in the Healthcare Industry 2010–2014,” is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.
Companies mentioned in this report include: Motorola Solutions, Alien Technology, IBM, Intermec Inc., and Impinj.