Healthcare RFID Market By Size, Demand Analysis, Type, Statistics, Regions and Forecast – 2028

The Healthcare RFID Market was valued at USD 1.72 billion in 2020 and is expected to reach USD 3.69 billion by 2028, at a CAGR of 23% over the forecast period 2022 – 2028.

RFID stands for Radio Frequency Identification, and the technology works with tag-based systems. A special tag is attached to the item, and radio waves of similar frequencies can track the tag. This whole system consists of three parts: reader, antenna and transponder. Together with the healthcare sector, these systems are integrated into patient tracking and history recording, equipment tracking, medication and drug tracking, and more.

Market Segments

By Component

• Tags
• Readers
• Middleware
• Printers
• Others

By Application

• Equipment Tracking
• People Identification and Tracking
• Medical Report and Blood Samples Tracking
• Medicine Tracking
• Other

Key Players

• Alien Technology Corporation
• Applied Wireless Identifications Group, Inc.
• CAEN RFID S.r.l.
• Gao RFID, Inc.
• Honeywell International Inc.
• Impinj Inc.
• Invengo Information Technology Ltd. Co.
• Mobile Aspects, Inc.

Scope of the Report

The research study analyzes the global Healthcare RFID industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Healthcare RFID Market Report

1. What was the Healthcare RFID Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Healthcare RFID Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Healthcare RFID Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.