Global Market for RFID in Healthcare
This report describes RFID (Radio Frequency IDentification) potential and opportunities worldwide, outlines key market trends and dynamics, and provides a number of case studies to show value and return on investment examples.
RFID offers various solutions for the main segments of the healthcare industry—hospitals and nursing homes, pharmaceutical manufacturers, distributors, and pharmacies. This report defines the market for RFID opportunities in the healthcare industry focusing on five general market segments:
Market estimates and forecasts are provided for each segment.
The main users of RFID technology in the healthcare sector include hospitals, pharmaceutical manufacturers, nursing homes, and pharmacies.
In the pharmaceuticals sector, RFID has been deployed by a number of companies, primarily for supply chain management applications. In most cases, the technology has been deployed for particular applications or a part of the business.
The number of nursing homes, and pharmacies and drug stores witnessed a small decline during the first half of this decade. The aging population in the US and the increased prevalence of Alzheimer's disease and other conditions are driving the adoption of RFID-enabled systems in nursing homes.
Approximately 30 percent of nursing homes in the US are making use of various RFID-enabled applications such as wander-prevention systems. Adoption of RFID by pharmacies operating independently is estimated to be relatively low due to the high investment cost. The adoption is expected to increase in the future as the infrastructure cost is likely to decrease.
As part of its coverage of RFID in global healthcare the report discusses the following trends:
This Kalorama Information market research report was constructed using both primary and secondary sources, including a search of trade and medical literature, annual reports, and interviews with executives at companies in the industry.
The following companies are profiled in the report:
RFID offers various solutions for the main segments of the healthcare industry—hospitals and nursing homes, pharmaceutical manufacturers, distributors, and pharmacies. This report defines the market for RFID opportunities in the healthcare industry focusing on five general market segments:
- Pharmaceutical/Blood Product Distribution and Tracking
- Patient/Medical Staff Identification and Tracking
- Medical Asset Tracking and Locating
- Implantable Device RFID use
- Other areas (including medical documents and patient records)
Market estimates and forecasts are provided for each segment.
The main users of RFID technology in the healthcare sector include hospitals, pharmaceutical manufacturers, nursing homes, and pharmacies.
In the pharmaceuticals sector, RFID has been deployed by a number of companies, primarily for supply chain management applications. In most cases, the technology has been deployed for particular applications or a part of the business.
The number of nursing homes, and pharmacies and drug stores witnessed a small decline during the first half of this decade. The aging population in the US and the increased prevalence of Alzheimer's disease and other conditions are driving the adoption of RFID-enabled systems in nursing homes.
Approximately 30 percent of nursing homes in the US are making use of various RFID-enabled applications such as wander-prevention systems. Adoption of RFID by pharmacies operating independently is estimated to be relatively low due to the high investment cost. The adoption is expected to increase in the future as the infrastructure cost is likely to decrease.
As part of its coverage of RFID in global healthcare the report discusses the following trends:
- Healthcare Establishment Statistics
- U.S. Healthcare Employment Projections
- Aging Population
- RFID Emissions may Affect Certain Medical Devices
- Active RFID and Wi-Fi Networks in Healthcare Applications
- Hospital Inefficiency
- Counterfeit Drugs
- Global Counterfeiting
- Benefits of Improving Product Management
- Regulatory Compliance to Control Drug Counterfeiting
- Electronic Pedigree and the National Association of Boards of Pharmacy
- Return on Investment (ROI)
- Improved Inventory Control
- Prescription Sample Control
- Health and Safety Concerns
- Smaller, Faster Chips
- Other Uses of RFID in Healthcare
- “Never Events” Reimbursement
- Signal Transmissions
- Existing Technologies
- Uniform Regulation and Standardization
- Public Privacy Concerns
This Kalorama Information market research report was constructed using both primary and secondary sources, including a search of trade and medical literature, annual reports, and interviews with executives at companies in the industry.
The following companies are profiled in the report:
- 3M
- Alien Technology
- Blue Vector
- Hewlett-Packard
- International Business Machines (IBM)
- Intermec, Inc.
- Motorola 145
- PositiveID (previously VeriChip)
- Solstice Medical
- SupplyScape
- Tagsys, Inc.
- Versus Technology
- Zebra Technologies
CHAPTER ONE: EXECUTIVE SUMMARY
Introduction
Scope and Methodology
Size and Growth of the Market
Customer Segments
Cost of RFID Deployment
Industry Initiatives to Promote the Adoption of RFID in Healthcare and Pharmaceuticals
CHAPTER TWO: INTRODUCTION
Basics of RFID Technology
Basic System Components
Configurations of RFID Systems
Parameters for Distinguishing RFID Systems
Classification of RFID Systems
Security Aspects and Possible Attacks on RFID Systems
RFID Infrastructure
Key Benefits of RFID in Healthcare
Applications of RFID in the Pharmaceutical Industry
RFID Application Areas
Drivers
Challenges
Application of Identification Technologies
Anti-Counterfeiting Applications for RFID in the Pharmaceutical Supply Chain
Current Counterfeit Warning fromm the FDA
Pfizer’s SupplyScape E-Pedigree System
Pharmaceutical Company Interview
Pharmaceutical Distributor Interview
Worldwide Implementation of RFID within Pharmaceuticals
Building Radio Frequency Identification Solutions for the
Global Environment (BRIDGE) Project
St. Clair Hospital
GlaxoSmithKline
Refrigerated Drug Cabinets
Partners Develop E-Pedigree Solutions for Pharmaceutical Companies
Cardinal Health and California’s Drug Pedigree Law
Faster and More Accurate Shipping Methods
Worldwide Implementation of RFID Within Healthcare Services Industry
Jena Hospital
Wayne Memorial Hospital
Enterprise VISion system from Versus Technology
CHAPTER THREE: ISSUES AND TRENDS
Healthcare Establishment Statistics
U.S. Healthcare Employment Projections
Aging Population
RFID Emissions may Affect Certain Medical Devices
Affect on Blood Products
Active RFID and Wi-Fi Networks in Healthcare Applications
Hospital Inefficiency
Counterfeit Drugs
Global Counterfeiting
Benefits of Improving Product Management
Regulatory Compliance to Control Drug Counterfeiting
Electronic Pedigree and the National Association of Boards of Pharmacy
Return on Investment (ROI)
Improved Inventory Control
Prescription Sample Control, Restocking Pharmaceutical Supplies and RFID
Health and Safety Concerns
Clinical Trials
Smaller, Faster Chips
Other Uses of RFID in Healthcare
“Never Events” Reimbursement
Signal Transmissions
Existing Technologies
Uniform Regulation and Standardization Developers Answer to Uniform Standards
RFID’s Public Privacy Concerns
CHAPTER FOUR: MARKET ANALYSIS
Overview
World RFID Markets by Application
Military Applications
Animal Applications
Retail/Manufacturing/Fashion Applications
Transportation Applications
Documents/Financial Assets/Security (non-military) Applications
Healthcare Applications
Other Applications
RFID Focus: Healthcare Market
Pharmaceutical RFID Market Size and Forecast
Staff and Patient RFID ID and Tracking Market Size and Forecast
Medical Asset RFID Tracking Market Size and Forecast
Implantable Device RFID Tracking Market Size and Forecast
Other Medical/Healthcare RFID Technology Market Size and Forecast
Total Healthcare RFID Market by World Region
Industry Voices
Industry Initiatives to Promote the Adoption of RFID in Healthcare and Pharmaceuticals
CHAPTER FIVE: IMPLEMENTING AN RFID SYSTEM
RFID Infrastructure Deployment
Pharmaceutical Supply Chain Deployment
Scaling from Pilot to Implementation Stage
Cost of RFID Deployment
CHAPTER SIX: CORPORATE PROFILES
Introduction
3M 134
Alien Technology
Blue Vector
Hewlett-Packard
International Business Machines (IBM)
Intermec, Inc.
Motorola 145
PositiveID (previously VeriChip)
Solstice Medical
SupplyScape
Tagsys, Inc.
Versus Technology
Zebra Technologies
REGULATORY AUTHORITIES AND ORGANIZATIONS
LIST OF COMPANIES
TABLE OF EXHIBITS
CHAPTER ONE: EXECUTIVE SUMMARY
Table 1-1: World Healthcare RFID Market, 2007-2014
Figure 1-1: World Healthcare RFID Market, 2007-2014
Figure 1-2: Global Market for RFID with Segmented RFID Markets in Healthcare, 2009
Table 1-2: Major RFID Benefits for Users
CHAPTER TWO: INTRODUCTION
Table 2-1: RFID Terminology
Figure 2-1: RFID System
Figure 2-2: Parameters for Distinguishing RFID Systems
Table 2-2: Classification of Radio Frequency in Terms of Performance Parameters
Table 2-3: Applications of RFID with Different Ranges
Table 2-4: Comparison of Active and Passive RFID in Terms of Different Performance Parameters
Figure 2-3: Parameters for Classification of RFID Systems
Table 2-5: Auto ID Centre Classification of RFID Systems
Table 2-6: Types of Attacks on RFID Systems and their Countermeasures
Figure 2-4: Classification of RFID Tags
Figure 2-5: Value Chain of the RFID Industry
Table 2-7: Select Identification Technologies Compared on Different Parameters
Table 2-8: Key Differences between Bar Codes and RFID
Table 2-9: Vertical-wise Application and Benefits of RFID
Figure 2-6: Classification of Identification Technologies Applications
Figure 2-7: Example of a Comprehensive Track-and-Trace Process
Table 2-10: BRIDGE project RFID Implementation
CHAPTER THREE: ISSUES AND TRENDS
Table 3-1: Healthcare Statistics
Table 3-2: International Population Trend Age 65+
Figure 3-1: International Population Trend Age 65
Table 3-3: United States Population Trend Age 65+
Figure 3-2: International Population Trend Age 65+
Table 3-4: Counterfeiting Rates by Region
Table 3-5: Estimated Return on Investment (millions) for the Implementation of RFID -Pharmaceutical Manufacturers
Figure 3-3: Estimated Return on Investment (millions) for the Implementation of RFID - Typical Large Pharmaceutical Manufacturer
Table 3-6: Estimated Return on Investment (millions) for the Implementation of RFID -Pharmaceutical Distributors
Figure 3-4: Estimated Return on Investment (millions) for the Implementation of RFID - Typical Large Pharmaceutical Distributor
CHAPTER FOUR: MARKETS
Table 4-1: Total World RFID Market, All Applications, 2007-2014
Figure 4-1: Total World RFID Market, All Applications, 2007-2014
Table 4-2: Total RFID Market by Application
Figure 4-2: Total RFID Market by Application
Table 4-3: World Healthcare RFID Market, 2007-2014
Figure 4-3: World Healthcare RFID Market, 2007-2014
Table 4-4: Pharmaceutical and Blood Products RFID Market, 2007-2014
Figure 4-4: Pharmaceutical and Blood Products RFID Market, 2007-2014
Table 4-5: Staff and Patient Tracking RFID Market, 2007-2014
Figure 4-5: Staff and Patient Tracking RFID Market, 2007-2014
Table 4-6: Medical Asset RFID Tracking Market, 2007-2014
Table 4-7: Implantable Device RFID Tracking Market, 2007-2014
Figure 4-7: Implantable Device RFID Tracking Market, 2007-2014
Table 4-8: Other RFID Tracking Market, 2007-2014
Figure 4-9: Composite Figure - Global Market for RFID with Segmented RFID Markets in Healthcare, 2007-2014
Figure 4-10: Global Market for RFID with Segmented RFID Markets in Healthcare, 2009
Table 4-9: Healthcare RFID Market by World Region, Estimated 2009 Revenues and Share
Figure 4-11: Healthcare RFID Market by World Region, Estimated 2009 Share
CHAPTER FIVE: IMPLEMENTING AN RFID SYSTEM
Table 5-1: Planning and Implementing RFID Systems
Table 5-2: Phase-wise Proposed Deployment of RFID in the Pharmaceutical Supply Chain
Figure 5-1: Cost of Implementation of RFID (2004 and 2010)
Introduction
Scope and Methodology
Size and Growth of the Market
Customer Segments
Cost of RFID Deployment
Industry Initiatives to Promote the Adoption of RFID in Healthcare and Pharmaceuticals
CHAPTER TWO: INTRODUCTION
Basics of RFID Technology
Basic System Components
Configurations of RFID Systems
Parameters for Distinguishing RFID Systems
Classification of RFID Systems
Security Aspects and Possible Attacks on RFID Systems
RFID Infrastructure
Key Benefits of RFID in Healthcare
Applications of RFID in the Pharmaceutical Industry
RFID Application Areas
Drivers
Challenges
Application of Identification Technologies
Anti-Counterfeiting Applications for RFID in the Pharmaceutical Supply Chain
Current Counterfeit Warning fromm the FDA
Pfizer’s SupplyScape E-Pedigree System
Pharmaceutical Company Interview
Pharmaceutical Distributor Interview
Worldwide Implementation of RFID within Pharmaceuticals
Building Radio Frequency Identification Solutions for the
Global Environment (BRIDGE) Project
St. Clair Hospital
GlaxoSmithKline
Refrigerated Drug Cabinets
Partners Develop E-Pedigree Solutions for Pharmaceutical Companies
Cardinal Health and California’s Drug Pedigree Law
Faster and More Accurate Shipping Methods
Worldwide Implementation of RFID Within Healthcare Services Industry
Jena Hospital
Wayne Memorial Hospital
Enterprise VISion system from Versus Technology
CHAPTER THREE: ISSUES AND TRENDS
Healthcare Establishment Statistics
U.S. Healthcare Employment Projections
Aging Population
RFID Emissions may Affect Certain Medical Devices
Affect on Blood Products
Active RFID and Wi-Fi Networks in Healthcare Applications
Hospital Inefficiency
Counterfeit Drugs
Global Counterfeiting
Benefits of Improving Product Management
Regulatory Compliance to Control Drug Counterfeiting
Electronic Pedigree and the National Association of Boards of Pharmacy
Return on Investment (ROI)
Improved Inventory Control
Prescription Sample Control, Restocking Pharmaceutical Supplies and RFID
Health and Safety Concerns
Clinical Trials
Smaller, Faster Chips
Other Uses of RFID in Healthcare
“Never Events” Reimbursement
Signal Transmissions
Existing Technologies
Uniform Regulation and Standardization Developers Answer to Uniform Standards
RFID’s Public Privacy Concerns
CHAPTER FOUR: MARKET ANALYSIS
Overview
World RFID Markets by Application
Military Applications
Animal Applications
Retail/Manufacturing/Fashion Applications
Transportation Applications
Documents/Financial Assets/Security (non-military) Applications
Healthcare Applications
Other Applications
RFID Focus: Healthcare Market
Pharmaceutical RFID Market Size and Forecast
Staff and Patient RFID ID and Tracking Market Size and Forecast
Medical Asset RFID Tracking Market Size and Forecast
Implantable Device RFID Tracking Market Size and Forecast
Other Medical/Healthcare RFID Technology Market Size and Forecast
Total Healthcare RFID Market by World Region
Industry Voices
Industry Initiatives to Promote the Adoption of RFID in Healthcare and Pharmaceuticals
CHAPTER FIVE: IMPLEMENTING AN RFID SYSTEM
RFID Infrastructure Deployment
Pharmaceutical Supply Chain Deployment
Scaling from Pilot to Implementation Stage
Cost of RFID Deployment
CHAPTER SIX: CORPORATE PROFILES
Introduction
3M 134
Alien Technology
Blue Vector
Hewlett-Packard
International Business Machines (IBM)
Intermec, Inc.
Motorola 145
PositiveID (previously VeriChip)
Solstice Medical
SupplyScape
Tagsys, Inc.
Versus Technology
Zebra Technologies
REGULATORY AUTHORITIES AND ORGANIZATIONS
LIST OF COMPANIES
TABLE OF EXHIBITS
CHAPTER ONE: EXECUTIVE SUMMARY
Table 1-1: World Healthcare RFID Market, 2007-2014
Figure 1-1: World Healthcare RFID Market, 2007-2014
Figure 1-2: Global Market for RFID with Segmented RFID Markets in Healthcare, 2009
Table 1-2: Major RFID Benefits for Users
CHAPTER TWO: INTRODUCTION
Table 2-1: RFID Terminology
Figure 2-1: RFID System
Figure 2-2: Parameters for Distinguishing RFID Systems
Table 2-2: Classification of Radio Frequency in Terms of Performance Parameters
Table 2-3: Applications of RFID with Different Ranges
Table 2-4: Comparison of Active and Passive RFID in Terms of Different Performance Parameters
Figure 2-3: Parameters for Classification of RFID Systems
Table 2-5: Auto ID Centre Classification of RFID Systems
Table 2-6: Types of Attacks on RFID Systems and their Countermeasures
Figure 2-4: Classification of RFID Tags
Figure 2-5: Value Chain of the RFID Industry
Table 2-7: Select Identification Technologies Compared on Different Parameters
Table 2-8: Key Differences between Bar Codes and RFID
Table 2-9: Vertical-wise Application and Benefits of RFID
Figure 2-6: Classification of Identification Technologies Applications
Figure 2-7: Example of a Comprehensive Track-and-Trace Process
Table 2-10: BRIDGE project RFID Implementation
CHAPTER THREE: ISSUES AND TRENDS
Table 3-1: Healthcare Statistics
Table 3-2: International Population Trend Age 65+
Figure 3-1: International Population Trend Age 65
Table 3-3: United States Population Trend Age 65+
Figure 3-2: International Population Trend Age 65+
Table 3-4: Counterfeiting Rates by Region
Table 3-5: Estimated Return on Investment (millions) for the Implementation of RFID -Pharmaceutical Manufacturers
Figure 3-3: Estimated Return on Investment (millions) for the Implementation of RFID - Typical Large Pharmaceutical Manufacturer
Table 3-6: Estimated Return on Investment (millions) for the Implementation of RFID -Pharmaceutical Distributors
Figure 3-4: Estimated Return on Investment (millions) for the Implementation of RFID - Typical Large Pharmaceutical Distributor
CHAPTER FOUR: MARKETS
Table 4-1: Total World RFID Market, All Applications, 2007-2014
Figure 4-1: Total World RFID Market, All Applications, 2007-2014
Table 4-2: Total RFID Market by Application
Figure 4-2: Total RFID Market by Application
Table 4-3: World Healthcare RFID Market, 2007-2014
Figure 4-3: World Healthcare RFID Market, 2007-2014
Table 4-4: Pharmaceutical and Blood Products RFID Market, 2007-2014
Figure 4-4: Pharmaceutical and Blood Products RFID Market, 2007-2014
Table 4-5: Staff and Patient Tracking RFID Market, 2007-2014
Figure 4-5: Staff and Patient Tracking RFID Market, 2007-2014
Table 4-6: Medical Asset RFID Tracking Market, 2007-2014
Table 4-7: Implantable Device RFID Tracking Market, 2007-2014
Figure 4-7: Implantable Device RFID Tracking Market, 2007-2014
Table 4-8: Other RFID Tracking Market, 2007-2014
Figure 4-9: Composite Figure - Global Market for RFID with Segmented RFID Markets in Healthcare, 2007-2014
Figure 4-10: Global Market for RFID with Segmented RFID Markets in Healthcare, 2009
Table 4-9: Healthcare RFID Market by World Region, Estimated 2009 Revenues and Share
Figure 4-11: Healthcare RFID Market by World Region, Estimated 2009 Share
CHAPTER FIVE: IMPLEMENTING AN RFID SYSTEM
Table 5-1: Planning and Implementing RFID Systems
Table 5-2: Phase-wise Proposed Deployment of RFID in the Pharmaceutical Supply Chain
Figure 5-1: Cost of Implementation of RFID (2004 and 2010)
