RFID in Healthcare: Market Research Report

February 2018 | 242 pages | ID: R352A18719EEN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for RFID in Healthcare in US$ Thousand. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

Company profiles are primarily based on public domain information including company URLs.

The report profiles 63 companies including many key and niche players such as -

• Dolphin RFID Pvt. Ltd.
• GAO RFID, Inc.
• GE Healthcare
• Grifols, S.A
• Impinj, Inc.

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

A Prelude
Reliable and Accurate Information
Improving Efficiency and Minimizing Costs
Streamlining Work Flow
Increasing Applications and Technology Advancements Drive Growth of RFID Market
Tracking Technologies Gradually Gain Adoption in the Healthcare Sector
Current & Future Analysis of RFID in Healthcare
RFID Gives Competitive Advantage to the Healthcare Sector
Advantages of Implementation of RFID in Hospitals
RFID Effectively Combats Counterfeit Pharmaceuticals and Enhances Supply Chain Efficacy
Support in Reducing Drug Diversion
RFID Beneficial for Tracking Pharmaceutical Expiries and Stocking Issues, But Barcodes Prevail for Now
RFID Beneficial Over Bar coding in Blood Monitoring Systems
Introduction of Innovative Devices Foster Growth for RFID Market
RFID for Improvements in Pharmaceutical Supply Chain and Enhanced Patient Safety
UHF, the Better Frequency for Pharmaceutical Business Needs
Rising Healthcare Expenditure – Crucial Macro Growth Driver

Table 1. Healthcare Spending as a Percentage of GDP by Region (2016) (includes corresponding Graph/Chart)

Table 2. Per-Capita Healthcare Expenditure in US$ for Select Countries/ Regions (2014) (includes corresponding Graph/Chart)

Market Restraints

2. RFID IN HEALTHCARE: AN OVERVIEW

3. PRODUCT LAUNCHES

New Harvard Medical School Identifies RFID Technology
Invengo Launches XC-RF868 Rain RFID IOT Reader
Invengo Acquires Tagsys RFID Textile Services and Legacy Tag Business
Advantix Launches THINaër’s IoT Solution
Smartrac Launches Passive UHF Moisture-Sensing Inlay
Mojix Introduces STARflex RFID Reader
Impinj and Partners Introduces Healthcare Efficiencies and Patient Care Solutions
eAgile Launches eSeal RFID Solution
JADAK Introduces Bluetooth Bar Code Scanner and RFID Reader, Machine Vision Software and More
Times-7 Launches A5010 SlimLine Circular Polarized RFID antenna
Victory Products Announces SkyTrac Smart Cabinets

4. RECENT INDUSTRY ACTIVITY

Impinj Partners with STANLEY Healthcare
Novanta Acquires the RFID Assets of Trimble
Dolphin RFID Joins Hands with Esbee Dynamed
Champion Signs Purchasing Agreement with Premier Inc.
GSI Group Acquires SkyeTek
Fujitsu Frontech Signs License Agreement with Round Rock Research LLC Covering UHF RFID Tag Technology
Scan Modul Signs Distribution Agreement with LogiTag to Sell SmartCabinet Solution Suite

5. FOCUS ON SELECT GLOBAL PLAYERS

Dolphin RFID Pvt. Ltd. (India)
GAO RFID, Inc. (Canada)
GE Healthcare (UK)
Grifols, S. A (Spain)
International Business Machines (IBM) Corp. (USA)
Impinj, Inc. (USA)
LogiTag Ltd. (Israel)
metraTec GmbH (Germany)
Mobile Aspects Inc. (USA)
Smartrac NV (The Netherlands)
STANLEY Healthcare (USA)
Terso Solutions, Inc. (USA)
TOSHIBA TEC CORPORATION (Japan)
WaveMark, Inc. (USA)
Zebra Technologies Corporation (USA)

6. GLOBAL MARKET PERSPECTIVE

Table 3. World Recent Past, Current and Future Analysis for RFID in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 4. World Historic Review for RFID in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 5. World 14-Year Perspective for RFID in Healthcare by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2011, 2017 and 2024 (includes corresponding Graph/Chart)

Table 6. World Recent Past, Current and Future Analysis for RFID Systems in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 7. World Historic Review for RFID Systems in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 8. World 14-Year Perspective for RFID Systems in Healthcare by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World Markets for Years 2011, 2017 and 2024 (includes corresponding Graph/Chart)

Table 9. World Recent Past, Current and Future Analysis for RFID Tags in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 10. World Historic Review for RFID Tags in Healthcare by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 11. World 14-Year Perspective for RFID Tags in Healthcare by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2011, 2017 and 2024 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Huge Potential of RFID to Alleviate Drug Counterfeiting in the US, But Challenges Persist
FDA Recommendations and State Pedigrees Drive Adoption of RFID
Critical Benefits to the Pharmaceutical Industry from Full-Scale RFID Adoption
RFID Crucial for Enhanced Patient Safety in the US
Product Launches
Strategic Corporate Developments
Select Key Players
B. Market Analytics

Table 12. The US Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 13. The US Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 14. The US 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

2. CANADA

A. Market Analysis
Key Player
B. Market Analytics

Table 15. Canadian Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 16. Canadian Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 17. Canadian 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

3. JAPAN

A. Market Analysis
Key Player
B. Market Analytics

Table 18. Japanese Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 19. Japanese Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 20. Japanese 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Product Launches
Select Key Players
B. Market Analytics

Table 21. European Recent Past, Current & Future Analysis for RFID in Healthcare by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 22. European Historic Review for RFID in Healthcare by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 23. European 14-Year Perspective for RFID in Healthcare by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

Table 24. European Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 25. European Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 26. European 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

4A. FRANCE

Market Analysis

Table 27. French Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 28. French Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 29. French 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

4B. GERMANY

Market Analysis

Table 30. German Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 31. German Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 32. German 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

4C. ITALY

Market Analysis

Table 33. Italian Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 34. Italian Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 35. Italian 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

4D. THE UNITED KINGDOM

Market Analysis

Table 36. The UK Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 37. The UK Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 38. The UK 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

4E. SPAIN

Market Analysis

Table 39. Spanish Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 40. Spanish Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 41. Spanish 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

4F. RUSSIA

Market Analysis

Table 42. Russian Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 43. Russian Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 44. Russian 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

4G. REST OF EUROPE

Market Analysis

Table 45. Rest of Europe Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 46. Rest of Europe Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 47. Rest of Europe 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Strategic Corporate Development
Product Launches
Select Key Player
B. Market Analytics

Table 48. Asia-Pacific Recent Past, Current & Future Analysis for RFID in Healthcare by Geographic Region - China, South Korea, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 49. Asia-Pacific Historic Review for RFID in Healthcare by Geographic Region - China, South Korea, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 50. Asia-Pacific 14-Year Perspective for RFID in Healthcare by Geographic Region - Percentage Breakdown of Dollar Sales for China, South Korea, and Rest of Asia-Pacific Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

Table 51. Asia-Pacific Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 52. Asia-Pacific Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 53. Asia-Pacific 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

5A. CHINA

Market Analysis

Table 54. Chinese Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 55. Chinese Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 56. Chinese 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

5B. SOUTH KOREA

Market Analysis

Table 57. South Korean Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 58. South Korean Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 59. South Korean 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

5C. REST OF ASIA-PACIFIC

A. Market Analysis
RIFD Holds Potential to Improve Healthcare Services in India
B. Market Analytics

Table 60. Rest of Asia-Pacific Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 61. Rest of Asia-Pacific Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 62. Rest of Asia-Pacific 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

6. LATIN AMERICA

Market Analysis

Table 63. Latin American Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 64. Latin American Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 65. Latin American 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

7. REST OF WORLD

A. Market Analysis
Key Player
B. Market Analytics

Table 66. Rest of World Recent Past, Current & Future Analysis for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 67. Rest of World Historic Review for RFID in Healthcare by Product Segment - RFID Systems and RFID Tags Markets Independently Analyzed with Annual Sales Figures in US$ Thousand for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 68. Rest of World 14-Year Perspective for RFID in Healthcare by Product Segment - Percentage Breakdown of Dollar Sales for RFID Systems and RFID Tags Markets for Years 2011, 2017, and 2024 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled:
The United States (38)
Canada (3)
Japan (1)
Europe (10)
  France (1)
  Germany (3)
  The United Kingdom (2)
  Spain (1)
  Rest of Europe (3)
Asia-Pacific (Excluding Japan) (10)
Middle East (1)