Vancouver, BC -- (SBWire) -- 04/13/2021 --The global RFID in Healthcare Market is expected to reach USD 12.89 Billion by 2027, according to a new report by Emergen Research. Some of the growth drivers of the market include growing emphasis on reducing operating costs and streamlining the process, demand for effective supply chain management, and improving care quality and performance.
Owing to the huge demand for the RFID in Healthcare product, key players operating in the market relish on economies of scale. Due to a large number of partnerships and collaborations, the demand for the RFID in Healthcare product has risen at a considerable rate. However, the new entrants in the market are in an effort to increase their partnerships with the OEMs, which will result in an increased market share over the coming years. On the other hand, companies are also investing heavily in interoperability, which is expected to intensify the market competition during the forecast period.
The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.
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Key participants include Logi-Tag Systems, Cardinal Health, LLC, Terso Solutions, Hurst Green Plastics Ltd, CenTrak, Tagsys, Zebra Technologies Corporation, Impinj, Inc., MetraTec GmbH, and Palex Medical SA, among others.
The COVID-19 impact:
The COVID-19 pandemic could in no way jeopardize industry growth. Key market players are skeptical about the future of the industry and seek to build ways to aid in this challenging situation. The industry had a major effect on the pandemic, and numerous large plants had to interrupt their production and other activities. The normal lockout in various parts of the country makes for a shortage of capital. Contributing to major deterioration of domestic demand were trade, exports, and imports from abroad in COVID-19. The largest businesses in the world strive to clean up budgets and build cash reserves. There is no doubt that the actual disposable income of employees will decrease, and producers are looking at alternatives to satisfy consumer demand at a much lower rate.
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Important Points Mentioned in the RFID in Healthcare Market Study
Manufacturing Analysis: The report initially analyzes the various segments of the market in a brief manner, which includes product types, applications, and so on. Further, the report consists of a separate section wherein an in-depth analysis of the manufacturing process has been provided which has been verified thorough primary information collected by experts of reputed industries as well as the industry analysts.
Sales and Revenue Estimation: By applying several top-down and bottom-up approaches on the previous years' sales and revenue data as well as the present market scenario, the analysts have anticipated the market growth and size in major geographies. The report further includes an all-inclusive study on the applications and end-user industries participating in the market. Furthermore, the report provides crucial data on the regulatory policies and guidelines, as well as the macro-economic factors, that determine the evolution of the market along with predictive analysis.
Demand & Supply Assessment: The report further offers key information on the manufacturing and cost analysis, consumption ration, import/export factors, and product and service distribution.
Competitiveness: The report provides crucial data based on the company profile, product portfolio, product and service cost, potential, and sales and revenue generated by the key pioneers and other leading companies.
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Product Outlook (Revenue: USD Billion; 2017-2027)
Systems & Software
Tags
Application Outlook (Revenue: USD Billion; 2017-2027)
Asset Tracking
Patient Tracking
Pharmaceutical Tracking
Blood Tracking
Others
Regional scope: - North America; Europe; Asia Pacific; Central & South America; MEA
Here are the questions we answer...
What are the future opportunities in store for the vendors operating in the RFID in Healthcare market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the RFID in Healthcare market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Who are the most prominent vendors and how much market share do they occupy?
What are the latest technologies or discoveries influencing the RFID in Healthcare market growth worldwide?
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Table of Content
Chapter 1. RFID in Healthcare Market Methodology & Sources
1.1. RFID in Healthcare Market Definition
1.2. RFID in Healthcare Market Research Scope
1.3. RFID in Healthcare Market Methodology
1.4. RFID in Healthcare Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. RFID in Healthcare Market Key Insights
Chapter 4. RFID in Healthcare Market Segmentation & Impact Analysis
Chapter 5. RFID in Healthcare Market By Products Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. RFID in Healthcare Market By Types Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. RFID in Healthcare Market By Applications Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. RFID in Healthcare Market By End Use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. RFID in Healthcare Market Regional Outlook
Chapter 10. Competitive Landscape
Continued…
RFID in Healthcare Market Growth Analysis Report, Insights, Outlook, Industry Analysis, Share, Trends, Applications, Types and Forecasts 2027
The study methodologies used to examine the RFID in Healthcare market for the forecast period, 2020 - 2027 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.