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Global Healthcare Automatic Identification And Data Capture Market Size, Trends & Growth Opportunity, By Type, By Application, and By Region and Forecast till 2027.

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    Report

  • February 2022
  • Region: Global
  • Qualiket Research
  • ID: 5548499
The Global Healthcare Automatic Identification And Data Capture (AIDC) Market as a Service market was valued at US 1.99 billion in 2020 which expected to reach USD 6.09 billion by 2027 at a CAGR 14.96% from 2020-2027.



AIDC stands for Automatic identification and data capture, and it is a method for identifying and collecting data that can be entered into a computer without the need for human intervention. Magnetic stripes, bar codes, QR codes, biometrics, radio frequency identification, optical character recognition, smart cards, and voice recognition are among the technologies included in AIDC. Automatic identification and data capture (AIDC) in healthcare allows users to collect data without making mistakes, resulting in better patient care by reducing the risk of medication errors.

Drivers:

The growth of the healthcare AIDC market can be attributed to a number of factors, including technological advancements and the increasing use of AIDC technologies in healthcare applications like inventory management, patient management, and asset management. In addition, the growing acceptance of advanced technologies such as biometrics, barcodes, and RFID, as well as their increased adoption in the healthcare supply chain, hospitals, and patient management, are driving demand for AIDC devices.

Restraints:

Despite the fact that AIDC-enabled devices are becoming more popular, there is still some apprehension about adopting new technologies. This, combined with the high cost of some AIDC devices, is limiting the growth of the healthcare industry's automatic identification and data capture market.

Impact of Covid-19

The healthcare industry is constantly evolving in order to keep up with increasing regulatory pressures while also maintaining a safe environment for patients and employees. The global impact of COVID-19 is highlighting the importance of automatic identification and data capture. These devices can help hospitals cope with the increased pressure brought on by the influx of patients. The rising number of patients and deaths as a result of COVID-19 will necessitate an increase in healthcare spending, which will likely boost the market for healthcare automatic identification and data capture.

Market Segmentation

  • Segmentation By Type: Global Healthcare Automatic Identification And Data Capture (AIDC) Market is classified on the basis of Type into Magnetic Stripe Cards, Smart Cards, Optical Character Recognition (OCR) Systems, RFID Products, and Biometric Systems.
  • Segmentation By Application: Global Healthcare Automatic Identification And Data Capture (AIDC) Market is classified on the basis of Application into Clinical Application and Supply Chain Management.
  • Segmentation By Region: Global Healthcare Automatic Identification And Data Capture (AIDC) Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape:

The key players of Global Healthcare Automatic Identification And Data Capture (AIDC) Market are Zebra Technologies Corporation (U.S.), Honeywell International Inc. (U.S.), Avery Dennison Corporation (U.S.), Newland EMEA (Netherlands), Datalogic S.P.A. (Italy), NEC Corporation (Japan), Alien Technologies Corporation (U.S.), Seagull Scientific, Inc. (U.S.), and SATO Worldwide (Japan).

Industrial Developments

  • In February 2019, Zebra Technologies acquired Temptime Corporation, a manufacturer of differentiated technology that detects temperature deviations in medical and biological products and shipments.
  • In March 2021, Code Corporation collaborated on mobile medical barcode scanning with Dryrain Technologies, ACS MediHealth, and MEDITECH.

Market Taxonomy


By Type

  • Magnetic Stripe Cards
  • Smart Cards
  • Optical Character Recognition (OCR) Systems
  • RFID Products
  • Biometric Systems

By Application

  • Clinical Application
  • Supply Chain Management

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Questions Addressed by the Report

  • What are the Key Opportunities in Global Healthcare Automatic Identification And Data Capture (AIDC) Market?
  • What will be the growth rate from 2020 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
Frequently Asked Questions about the Global Healthcare Automatic Identification And Data Capture Market

What is the estimated value of the Global Healthcare Automatic Identification And Data Capture Market?

The Global Healthcare Automatic Identification And Data Capture Market was estimated to be valued at $24.3 Billion in 2020.

What is the growth rate of the Global Healthcare Automatic Identification And Data Capture Market?

The growth rate of the Global Healthcare Automatic Identification And Data Capture Market is 6.2%, with an estimated value of $37 Billion by 2027.

What is the forecasted size of the Global Healthcare Automatic Identification And Data Capture Market?

The Global Healthcare Automatic Identification And Data Capture Market is estimated to be worth $37 Billion by 2027.

Who are the key companies in the Global Healthcare Automatic Identification And Data Capture Market?

Key companies in the Global Healthcare Automatic Identification And Data Capture Market include Zebra Technologies Corporation (U.S.), Honeywell International Inc. (U.S.), Avery Dennison Corporation (U.S.), Newland EMEA (Netherlands), Datalogic S.P.A. (Italy), NEC Corporation (Japan), Alien Technologies Corporation (U.S.) and SATO Worldwide (Japan)..

Table of Contents

1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Healthcare Automatic Identification And Data Capture (AIDC) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5. Global Healthcare Automatic Identification And Data Capture (AIDC) Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Healthcare Automatic Identification And Data Capture (AIDC) Market Share Analysis, By Type
5.3 Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Type
5.3.1 Magnetic Stripe Cards
5.3.2 Smart Cards
5.3.3 Optical Character Recognition (OCR) Systems
5.3.4 RFID Products
5.3.5 Biometric Systems
6. Global Healthcare Automatic Identification And Data Capture (AIDC) Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Healthcare Automatic Identification And Data Capture (AIDC) Market Share Analysis, By Application
6.3 Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Application
6.3.1 Clinical Application
6.3.2 Supply Chain Management
7. Global Healthcare Automatic Identification And Data Capture (AIDC) Market, By Region
7.1 Healthcare Automatic Identification And Data Capture (AIDC) Market Share Analysis, By Region
7.2 Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Region
7.3 Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Region
8. North America Healthcare Automatic Identification And Data Capture (AIDC) Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Healthcare Automatic Identification And Data Capture (AIDC) Market Share Analysis, By Type
8.3 North America Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Application
8.4 North America Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Country
8.4.1 US
8.4.2 Canada
9. Europe Healthcare Automatic Identification And Data Capture (AIDC) Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Healthcare Automatic Identification And Data Capture (AIDC) Market Share Analysis, By Type
9.3 Europe Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Application
9.4 Europe Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Country
9.4.1 UK
9.4.2 Germany
9.4.3 France
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherland
10. Asia Pacific Healthcare Automatic Identification And Data Capture (AIDC) Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Healthcare Automatic Identification And Data Capture (AIDC) Market Share Analysis, By Type
10.3 Asia Pacific Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Application
10.4 Asia Pacific Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Australia
11. Latin America Healthcare Automatic Identification And Data Capture (AIDC) Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Healthcare Automatic Identification And Data Capture (AIDC) Market Share Analysis, By Type
11.3 Latin America Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Application
11.4 Latin America Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East & Africa Healthcare Automatic Identification And Data Capture (AIDC) Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East & Africa Healthcare Automatic Identification And Data Capture (AIDC) Market Share Analysis, By Type
12.3 Middle East & Africa Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Application
12.4 Middle East & Africa Healthcare Automatic Identification And Data Capture (AIDC) Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14. Company Profiles
14.1 Zebra Technologies Corporation (U.S.)
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Honeywell International Inc. (U.S.)
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Avery Dennison Corporation (U.S.)
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Newland EMEA (Netherlands)
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Seagull Scientific, Inc. (U.S.)
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 SATO Worldwide (Japan)
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies

Companies Mentioned

  • Zebra Technologies Corporation (U.S.)
  • Honeywell International Inc. (U.S.)
  • Avery Dennison Corporation (U.S.)
  • Newland EMEA (Netherlands)
  • Datalogic S.P.A. (Italy)
  • NEC Corporation (Japan)
  • Alien Technologies Corporation (U.S.)
  • Seagull Scientific Inc. (U.S.)
  • SATO Worldwide (Japan).