Research and Markets - RFID in Healthcare Market Analysis Report - Forecasts To 2022: Key Players are Terso Solutions, Dolphin RFID, SpaceCode Technologies, Smartrac, GAO RFID, CAEN RFID, Zebra and Alien Technology and Motorola
Summary
RFID in the healthcare market is expected to witness significant growth and reach over USD 3.89 billion over the next seven years owing to major factors such as growing utilization in patient & product tracking. Increasing requirement of efficient medical devices worldwide is expected to impel the development of the product in healthcare market from 2015 to 2022 Increasing demand for these systems in automated pharmaceutical distribution, point of care solutions and electronic medical records is expected to spur demand. Development and use of improved technological solutions such as multi-resonator based chip-less RFID tags are expected to have a positive impact on the growth over the forecast period. Continuous research and development initiatives by non-profit organizations including Health Industry Business Communications Council (HIBCC) is a major driving factor for growth. Continuous deployment of advanced approaches in unique product development, are among the major strategies adopted by these players.
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