Impact Analysis of Covid-19
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At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. According to Verified Market Intelligence, the Global RFID in Healthcare Market was valued at USD 2.86 billion in 2017 and is projected to reach USD 12.02 billion by 2025, growing at a CAGR of 19.6% from 2018 to 2025.
With growing advancement in technology, consumer convenience tops the priority list of manufacturers. To track the device and provide information regarding the product, component designers have introduced a new concept of radio frequency identification (RFID). This has flourished in healthcare marketplace as the companies from healthcare domain are readily incorporating this unique identification code which can help healthcare professionals to fetch information about any particular device or equipment.
Increasing operational efficiency in the healthcare management system and the advantages of RFID over ordinary tags has been driving the global RFID market in healthcare marketplace. Apart from this, privacy concerns and difficulties in scaling the product might hamper the overall growth rate of global RFID in healthcare market.
The "Global RFID in Healthcare Market" study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Brooks Automation, Grifols, Wurth Group, Log Tag, Terso Solutions, Logi Tag, Wave Mark, Mobile Aspects, Hurst Green Plastics, Tagsys RFID Group, Pepperl+Fuchs, Stanley Innerspace, Datelka, Metra Tec GmbH and Bollhoff Group. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market estimation, the study also comprises a list of tables and figures for the "Global RFID in Healthcare Market" which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application and geography.
On the basis of type, the Global RFID in Healthcare Market can be categorized into two sections; product and application. This market study analyses the industry for Global RFID in Healthcare based on these divisions. RFID in Healthcare's products are divided into RFID Systems and RFID tags. The industry is then sectioned by application which includes injection safety, infection control, tracking prescription drugs and others. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
Chapter 1 INTRODUCTION OF GLOBAL RFID IN HEALTHCARE MARKET 12
1.1 Market Overview 12
1.2 Market Segmentation 14
1.3 Assumptions 15
Chapter 2 EXECUTIVE SUMMARY 16
2.1 Overview of the Market 16
2.2 Global RFID in Healthcare Market, By Product (USD Million) 17
2.3 Global RFID in Healthcare Market, By Application (USD Million) 18
2.4 Global RFID in Healthcare Market, By Geography (CAGR%, 2017 - 2025) 19
Chapter 3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE 20
3.1 Data Mining 20
3.2 Secondary Research 20
3.3 Primary Research: 20
3.4 Subject Matter Expert Advice: 21
3.5 Quality Check 21
3.6 Final Review 21
3.7 Validation 22
3.8 Primary Interviews 22
3.9 Research Scope and Assumptions 22
3.10 List of data sources 23
Chapter 4 GLOBAL RFID IN HEALTHCARE MARKET DYNAMICS 24
4.1 Market Dynamics 24
4.1.1 RFID in Healthcare Market Driving Forces 25
4.1.1.1 Effective management of counterfeit drugs using RFID 25
4.1.1.2 Increased operational efficiency in hospitals 26
4.1.2 RFID in Healthcare Market Constraints and Threats 27
4.1.2.1 Privacy concerns, immature market and scaling difficulties 27
4.1.2.2 Demand for barcodes in healthcare is increasing steadily 28
4.2 Porter's Five Forces Analysis 29
4.3 RFID Implementation Costs 29
4.3.1 Costs for RFID Tags and Readers 29
Chapter 5 GLOBAL RFID IN HEALTHCARE MARKET, BY PRODUCT 31
5.1 Overview 32
5.2 RFID Systems 34
5.3 RFID Tags 35
Chapter 6 GLOBAL RFID IN HEALTHCARE MARKET, BY APPLICATION 36
6.1 Overview 37
6.2 Injection Safety 39
6.3 Infection Control 40
6.4 Tracking Prescription Drugs 41
6.5 Other 42
Chapter 7 GLOBAL RFID IN HEALTHCARE MARKET, BY GEOGRAPHY 43
7.1 Overview 44
7.2 North America 47
7.2.1 U.S. 50
7.2.2 Canada 52
7.3 Europe 54
7.3.1 Germany 57
7.3.2 UK 59
7.4 Asia Pacific 61
7.4.1 China 64
7.4.2 Japan 66
7.5 Latin America 68
7.5.1 Brazil 71
7.6 Rest of World 73
Chapter 8 GLOBAL RFID IN HEALTHCARE MARKET TRENDS 75
8.1 RFID In Asset Management 75
8.2 RFID Enabled Patient Management 75
8.3 Audit Legislation 76
8.4 Tracking beyond equipment 77
Chapter 9 COMPANY PROFILES 78
9.1 Brooks Automation 78
9.1.1 Company Overview 78
9.1.2 Brooks Automation: Key Facts 78
9.1.3 Financial Performance 79
9.1.4 Product Benchmarking 80
9.1.5 Brooks Automation: SWOT Analysis 82
9.2 Grifols 83
9.2.1 Company Overview 83
9.2.2 Grifols: Key Facts 83
9.2.3 Financial Performance 84
9.2.4 Product Benchmarking 85
9.2.5 Grifols: SWOT Analysis 86
9.3 Wurth Group 87
9.3.1 Company Overview 87
9.3.2 Wurth Group: Key Facts 87
9.3.3 Financial Performance 88
9.3.4 Product Benchmarking 89
9.3.5 WURTH GROUP: SWOT Analysis 90
9.4 Log Tag 91
9.4.1 Company Overview 91
9.4.2 Log Tag: Key Facts 91
9.4.3 Product Benchmarking 92
9.5 Terso Solutions 93
9.5.1 Company Overview 93
9.5.2 Terso Solutions: Key Facts 93
9.5.3 Product Benchmarking 94
9.6 Logi Tag 95
9.6.1 Company Overview 95
9.6.2 Logi Tag: Key Facts 95
9.6.3 Product Benchmarking 95
9.7 Wave Mark 96
9.7.1 Company Overview 96
9.7.2 Wave Mark: Key Facts 96
9.7.3 Product Benchmarking 97
9.8 Mobile Aspects 98
9.8.1 Company Overview 98
9.8.2 Mobile Aspects: Key Facts 98
9.8.3 Product Benchmarking 98
9.9 Hurst Green Plastics 99
9.9.1 Company overview 99
9.9.2 Hurst Green Plastics: Key Facts 99
9.9.3 Product Benchmarking 100
9.10 Tagsys RFID Group 101
9.10.1 Company overview 101
9.10.2 Tagsys RFID Group: Key Facts 101
9.10.3 Product Benchmarking 101
9.11 Pepperl+Fuchs 102
9.11.1 Company overview 102
9.11.2 Pepperl+Fuchs: Key Facts 102
9.11.3 Product Benchmarking 103
9.12 Stanley Innerspace 104
9.12.1 Company Overview 104
9.12.2 Stanley Innerspace: Key Facts 104
9.12.3 Product Benchmarking 105
9.13 Datelka 106
9.13.1 Company Overview 106
9.13.2 Datelka: Key Facts 106
9.13.3 Product Benchmarking 107
9.14 Metra Tec GmbH 108
9.14.1 Company Overview 108
9.14.2 Metra Tec GmbH: Key Facts 108
9.14.3 Product Benchmarking 109
9.15 Bollhoff Group 110
9.15.1 Company Overview 110
9.15.2 Bollhoff Group: Key Facts 110
9.15.3 Product Benchmarking 111
List of Tables
TABLE 1 GLOBAL RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 33
TABLE 2 GLOBAL RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 38
TABLE 3 GLOBAL RFID IN HEALTHCARE MARKET, BY GEOGRAPHY, 2012 - 2025 (USD MILLION) 46
TABLE 4 NORTH AMERICA RFID IN HEALTHCARE MARKET, BY COUNTRY, 2012 - 2025 (USD MILLION) 48
TABLE 5 NORTH AMERICA RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 49
TABLE 6 NORTH AMERICA RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 49
TABLE 7 U.S. RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 50
TABLE 8 U.S. RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 51
TABLE 9 CANADA RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 52
TABLE 10 CANADA RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 53
TABLE 11 EUROPE RFID IN HEALTHCARE MARKET, BY COUNTRY, 2012 - 2025 (USD MILLION) 55
TABLE 12 EUROPE RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 56
TABLE 13 EUROPE RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 56
TABLE 14 GERMANY RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 57
TABLE 15 GERMANY RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 58
TABLE 16 UK RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 59
TABLE 17 UK RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 60
TABLE 18 ASIA PACIFIC RFID IN HEALTHCARE MARKET, BY COUNTRY, 2012 - 2025 (USD MILLION) 62
TABLE 19 ASIA PACIFIC RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 63
TABLE 20 ASIA PACIFIC RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 63
TABLE 21 CHINA RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 64
TABLE 22 CHINA RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 65
TABLE 23 JAPAN RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 66
TABLE 24 JAPAN RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 67
TABLE 25 LATIN AMERICA RFID IN HEALTHCARE MARKET, BY COUNTRY, 2012 - 2025 (USD MILLION) 69
TABLE 26 LATIN AMERICA RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 70
TABLE 27 LATIN AMERICA RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 70
TABLE 28 BRAZIL RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 71
TABLE 29 BRAZIL RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 72
TABLE 30 REST OF WORLD RFID IN HEALTHCARE MARKET, BY PRODUCT, 2012 - 2025 (USD MILLION) 73
TABLE 31 REST OF WORLD RFID IN HEALTHCARE MARKET, BY APPLICATION, 2012 - 2025 (USD MILLION) 74
List of Figures
FIG. 1 GLOBAL RFID IN HEALTHCARE MARKET SEGMENTATION 14
FIG. 2 GLOBAL RFID IN HEALTHCARE MARKET OUTLOOK 24
FIG. 3 GLOBAL RFID IN HEALTHCARE MARKET SHARE, BY PRODUCT, 2016 (%) 32
FIG. 4 GLOBAL RFID SYSTEMS IN HEALTHCARE MARKET, 2012 - 2025 (USD MILLION) 34
FIG. 5 GLOBAL RFID TAGS IN HEALTHCARE MARKET, 2012 - 2025 (USD MILLION) 35
FIG. 6 GLOBAL RFID IN HEALTHCARE MARKET SHARE, BY APPLICATION, 2016 (%) 37
FIG. 7 GLOBAL RFID IN HEALTHCARE MARKET IN INJECTION SAFETY, 2012 - 2025 (USD MILLION) 39
FIG. 8 GLOBAL RFID IN HEALTHCARE MARKET IN INFECTION CONTROL, 2012 - 2025 (USD MILLION) 40
FIG. 9 GLOBAL RFID IN HEALTHCARE MARKET IN TRACKING PRESCRIPTION DRUGS, 2012 - 2025 (USD MILLION) 41
FIG. 10 GLOBAL RFID IN HEALTHCARE MARKET IN OTHER APPLICATIONS, 2012 - 2025 (USD MILLION) 42
FIG. 11 GLOBAL RFID IN HEALTHCARE MARKET, BY GEOGRAPHY, 2012 - 2025 (USD MILLION) 45
FIG. 12 NORTH AMERICA MARKET SNAPSHOT 47
FIG. 13 NORTH AMERICA RFID IN HEALTHCARE MARKET, BY COUNTRY, 2016 48
FIG. 14 U.S. RFID IN HEALTHCARE MARKET, 2012 - 2025 (USD MILLION) 50
FIG. 15 CANADA RFID IN HEALTHCARE MARKET, 2012 - 2025 (USD MILLION) 52
FIG. 16 EUROPE MARKET SNAPSHOT 54
FIG. 17 EUROPE RFID IN HEALTHCARE MARKET, BY COUNTRY, 2016 55
FIG. 18 GERMANY RFID IN HEALTHCARE MARKET, 2012 - 2025 (USD MILLION) 57
FIG. 19 UK RFID IN HEALTHCARE MARKET, 2012 - 2025 (USD MILLION) 59
FIG. 20 ASIA PACIFIC MARKET SNAPSHOT 61
FIG. 21 ASIA PACIFIC RFID IN HEALTHCARE MARKET, BY COUNTRY, 2016 62
FIG. 22 CHINA RFID IN HEALTHCARE MARKET, 2012 - 2025 (USD MILLION) 64
FIG. 23 JAPAN RFID IN HEALTHCARE MARKET, 2012 - 2025 (USD MILLION) 66
FIG. 24 LATIN AMERICA MARKET SNAPSHOT 68
FIG. 25 LATIN AMERICA RFID IN HEALTHCARE MARKET, BY COUNTRY, 2016 69
FIG. 26 BRAZIL RFID IN HEALTHCARE MARKET, 2012 - 2025 (USD MILLION) 71
FIG. 27 BROOKS AUTOMATION FINANCIAL PERFORMANCE: REVENUE, 2015 - 2017 (USD MILLION) 79
FIG. 28 BROOKS AUTOMATION FINANCIAL PERFORMANCE, BY REGION (% REVENUE, 2017) 80
FIG. 29 BROOKS AUTOMATION: SWOT ANALYSIS 82
FIG. 30 GRIFOLS FINANCIAL PERFORMANCE: REVENUE, 2014 - 2016 (USD MILLION) 84
FIG. 31 GRIFOLS FINANCIAL PERFORMANCE, BY REGION (% REVENUE, 2016) 85
FIG. 32 GRIFOLS: SWOT ANALYSIS 86
FIG. 33 WURTH GROUP FINANCIAL PERFORMANCE: REVENUE, 2014 - 2016 (USD MILLION) 88
FIG. 34 WURTH GROUP FINANCIAL PERFORMANCE, BY REGION (% REVENUE, 2016) 89
FIG. 35 WURTH GROUP: SWOT ANALYSIS 90
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