Industry Insights

The global RFID blood monitoring systems market size was estimated at USD 104 million in 2014. Rising demand for efficient management system regarding blood & related products and growing awareness pertaining to minimize transfusion errors in medical process are some of the key factors driving RFID blood monitoring systems market. Rapidly consolidating healthcare sector and increase in volume of blood & related products inventory is further boosting up the demand for this technology in healthcare industry.

Technological advancements in RFID systems will not only provide identification details but also provide location information on a real time basis, which will further boost demand among end-users for these devices. Increase in R&D activities for the development of new management solutions and rising concerns for patient safety is expected to propel the growth of RFID blood monitoring systems. Growing adoption of RFID technologies by the hospitals and blood banks particularly in blood freezers and refrigerators further surges demand for this technology.

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Some of the other factors driving the growth of the market are favorable regulatory policies for the approval of RFID technologies and rising trend of privatization of healthcare infrastructure that led to the introduction of modern technologies in the healthcare settings. In 2013, FDA approved iTrace which is a RFID-based tracking system that can be used in blood banks systems.

Product Insights

Radio frequency identification held majority of the market share in terms of revenue, with over USD 60 million in 2014 pertaining to the factors such as growing concerns for patient safety, increasing adoption of smart medical devices, favorable government initiatives, and rising need for reduction in healthcare cost. In addition, various application of RFID in healthcare system further drive the demand over the forecast period.

Radiofrequency identification tags held the significant market share owing to the demand of technologically advanced products such as alternative tags and sensory tags designs that uses Smart Active Label Technology (SAL) which is less susceptible to metal and liquid. In addition, it maximizes the profitability of medical facilities that is expected to further boost up its demand.

End Use Insights

Blood Banks emerged as the largest segment and was valued at over USD 85 million in 2014. Increasing need for patient safety, minimization of transfusion errors & wastage of blood products are amongst the key factors owing to the growing usage of RFID technologies in the blood banks. In addition, increasing number of blood banks and rising inventory of blood and blood products further expected to drive the demand of RFID technologies in blood banks. RFID technology helps in creating an efficient supply chain of blood products, right from the collection point to its delivery to the hospitals or clinical settings.

Regional Insight

North America dominated the regional segment in 2014 followed by Europe owing to rising number of blood banks, sophisticated healthcare infrastructure, growing demand for operational efficiency and favorable government initiatives. Increasing number of funding for the research activities in RFID technologies attribute to its growth in the region. Asia pacific region is expected to be the fastest growing segment over the forecast period. The growth in the region is driven by the factors such as improved healthcare infrastructure and increased penetration of RFID blood monitoring system. Low cost of RFID components such as original equipment manufacturing (OEM) services provided by China offers huge potential of RFID technologies in Asia pacific market.

Competitive Insights

Few of the key participants of RFID blood monitoring systems market include, TAGSYS; Wave Mark, Inc.; LogTag Recorders Ltd.; Solstice Medical LLC; Innerspace; LogiTag Ltd.; Terson Solutions and Mobile Aspects; Inc.

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Market Segment

Product Outlook (Revenue, USD Million, 2012 - 2022)
• Systems
• Tags

End Use Outlook (Revenue, USD Million, 2012 - 2022)
• Blood Banks
• Hospital Blood Centers

Regional Outlook (Revenue, USD Million, 2012 - 2022)
• North America
• Europe
• Asia Pacific
• RoW

RFID Blood Refrigerators and Freezers Market is estimated to value over USD xx billion by 2027 end and register a CAGR of over xx% during the forecast period 2020 to 2027.

The report initiates from the outline of business surroundings and explains the commercial summary of chain structure. Moreover, it analyses forecast By Product Type, By Application, By Region and RFID Blood Refrigerators and Freezers Market Trends.

Additionally, this report illustrates the corporate profiles and situation of competitive landscape amongst numerous associated corporations including the analysis of market evaluation and options associated with the worth chain. This report provides valuable insights into the general market profit through a profit graph, an in-depth SWOT analysis of the market trends alongside the regional proliferation of this business vertical.

Request a Sample Report @ https://www.futurewiseresearch.com/request-sample.aspx?id=4282&page=requestsample

Market Segmentation:

This Market is divided   By Product Type, By Application and By Region.

Regionally, the worldwide RFID Blood Refrigerators and Freezers market is fragmented as North America, Europe, Asia Pacific and also the rest of the world.

Key Market Players :

• Biolog-id
• CHAMPION HEALTHCARE TECHNOLOGIES
• SATO
• SPACECODE
• TERSO SOLUTIONS
• Arctest Oy
• Binder
• B Medical Systems

Note: The list of the key players are going to be updated with the most recent market scenario and trends)

Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/request-sample.aspx?id=4282&page=askfordiscount

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points touching market growth

Competitive Landscape:

• Tier 1 players- well-established companies in the market accounting a major market share
• Tier 2 players
• Rapidly growing players
• New Entrants

Objectives of the Study:

• To offer a complete analysis of the RFID Blood Refrigerators and Freezers Market By Product Type, By Application, and by region.
• To cater to comprehensive data on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To measure and forecast micro-markets and also the overall market
• To predict the market size, in key regions — North America, Europe, Asia Pacific and Rest of the world
• To record and evaluate the competitive landscape mapping - product launches, technological advancements, mergers and expansions

Browse Corresponding Healthcare Research Reports & Consulting

• Sleeping Pills (Prescription Drugs) Market is forecasted to value over USD xx billion by 2027 end and register a CAGR of xx% from the forecast period 2020-2027.
• Pharma Track and Trace Solutions Market is projected to achieve significant growth by the end of the forecast period as per the research study conducted by FutureWise research analysts.

Flexible Delivery Model:

• We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
• The customization services offered are free of charge with the purchase of any license of the report.
• You can directly share your requirements/changes to the current table of content too: sales@futurewiseresearch.com

About FutureWise Research:

We specialize in high-growth niche market research, assuring flexibility, agility and customized solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future.

Company Name: FutureWise Research

Contact Person:  Vinay Thaploo

Email: sales@futurewiseresearch.com

Phone: +44 141 628 9353 / +1 347 709 4931

City:  Leeds

Country:  United Kingdom

Website: www.futurewiseresearch.com

RFID Blood Refrigerators and Freezers Market is estimated to value over USD xx billion by 2027 end and register a CAGR of over xx% during the forecast period 2020 to 2027.

The report initiates from the outline of business surroundings and explains the commercial summary of chain structure. Moreover, it analyses forecast By Product Type, By Application, By Region and RFID Blood Refrigerators and Freezers Market Trends.

Additionally, this report illustrates the corporate profiles and situation of competitive landscape amongst numerous associated corporations including the analysis of market evaluation and options associated with the worth chain. This report provides valuable insights into the general market profit through a profit graph, an in-depth SWOT analysis of the market trends alongside the regional proliferation of this business vertical.

Request a Sample Report @ https://www.futurewiseresearch.com/request-sample.aspx?id=4282&page=requestsample

Market Segmentation:

This Market is divided   By Product Type, By Application and By Region.

Regionally, the worldwide RFID Blood Refrigerators and Freezers market is fragmented as North America, Europe, Asia Pacific and also the rest of the world.

Key Market Players :

• Biolog-id
• CHAMPION HEALTHCARE TECHNOLOGIES
• SATO
• SPACECODE
• TERSO SOLUTIONS
• Arctest Oy
• Binder
• B Medical Systems

Note: The list of the key players are going to be updated with the most recent market scenario and trends)

Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/request-sample.aspx?id=4282&page=askfordiscount

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points touching market growth

Competitive Landscape:

• Tier 1 players- well-established companies in the market accounting a major market share
• Tier 2 players
• Rapidly growing players
• New Entrants

Objectives of the Study:

• To offer a complete analysis of the RFID Blood Refrigerators and Freezers Market By Product Type, By Application, and by region.
• To cater to comprehensive data on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To measure and forecast micro-markets and also the overall market
• To predict the market size, in key regions — North America, Europe, Asia Pacific and Rest of the world
• To record and evaluate the competitive landscape mapping - product launches, technological advancements, mergers and expansions

Browse Corresponding Healthcare Research Reports & Consulting

• Sleeping Pills (Prescription Drugs) Market is forecasted to value over USD xx billion by 2027 end and register a CAGR of xx% from the forecast period 2020-2027.
• Pharma Track and Trace Solutions Market is projected to achieve significant growth by the end of the forecast period as per the research study conducted by FutureWise research analysts.

Flexible Delivery Model:

• We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
• The customization services offered are free of charge with the purchase of any license of the report.
• You can directly share your requirements/changes to the current table of content too: sales@futurewiseresearch.com

About FutureWise Research:

We specialize in high-growth niche market research, assuring flexibility, agility and customized solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future.

Company Name: FutureWise Research

Contact Person:  Vinay Thaploo

Email: sales@futurewiseresearch.com

Phone: +44 141 628 9353 / +1 347 709 4931

City:  Leeds

Country:  United Kingdom

Website: www.futurewiseresearch.com

RFID Blood Refrigerators and Freezers Market is estimated to value over USD xx billion by 2027 end and register a CAGR of over xx% during the forecast period 2020 to 2027.

The report initiates from the outline of business surroundings and explains the commercial summary of chain structure. Moreover, it analyses forecast by product type, by application, by region and RFID Blood Refrigerators and Freezers Market Analysis.

Additionally, this report illustrates the corporate profiles and situation of competitive landscape amongst numerous associated corporations including the analysis of market evaluation and options associated with the worth chain. This report provides valuable insights on the general market profit through a profit graph, an in depth SWOT analysis of the market trends along side the regional proliferation of this business vertical.

Request a Sample Report @ https://www.futurewiseresearch.com/request-sample.aspx?id=4282&page=requestsample

Market Segmentation:

This Market is divided By Product Type, By Application and By Region.

Regionally, the worldwide RFID Blood Refrigerators and Freezers Market is fragmented as North America, Europe, Asia Pacific and also the rest of the world.

Key Market Players:

Major market players enclosed within this market are  Biolog-id, CHAMPION HEALTHCARE TECHNOLOGIES, SATO, SPACECODE, TERSO SOLUTIONS,  Arctest Oy, Binder, B Medical Systems.

 (Note: The list of the key players are going to be updated with the most recent market scenario and trends)

Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/request-sample.aspx?id=4282&page=askfordiscount

FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points touching market growth

Competitive Landscape:

• Tier 1 players- well-established companies in the market accounting a major market share  
• Tier 2 players 
• Rapidly growing players
• New Entrants

Objectives of the Study:

• To offer with an complete analysis on the RFID Blood Refrigerators and Freezers Market by product type, by application and by region.
• To cater comprehensive data on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To measure and forecast micro-markets and also the overall market
• To predict the market size, in key regions — North America, Europe, Asia Pacific and rest of the world
• To record and evaluate the competitive landscape mapping - product launches, technological advancements, mergers and expansions

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Flexible Delivery Model:

• We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
• The customization services offered are free of charge with purchase of any license of the report.
• You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

About FutureWise Research:

We specialize in high-growth niche market research, assuring flexibility, agility and customized solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future.

Company Name: FutureWise Research

Contact Person:  VinayThaploo

Email: sales@futurewiseresearch.com

Phone: +44 141 628 9353 / +1 347 709 4931

City:  Leeds

Country:  United Kingdom

Website: www.futurewiseresearch.com

Global RFID tag market is anticipated to grow at a substantial CAGR of 22.1% in the coming years due to increasing need for effectual supply chain management on the global scale. RFID (radio-frequency identification) tags are used for storing information on the tag attached to any object and it builds up a tracking system that use smart barcodes to recognize products. They are basically used for merchandise purpose, but can also be effectively used for transport and also patients suffering from Alzheimer’s disorder.

RFID tag market is driven by factors like increasing need for prevention of theft, growing need for tracking shipment in the real-time scenario. Moreover, increase in demand for RFID tags from transport, logistic & aerospace industry and integration of big data platforms and IoT with RFID tags in various devices boosts the market growth. Conversely, device interoperability and significant cost of installation of RFID systems are hampering the market growth.

RFID tags are compatible with the current infrastructure which help organizations to save cost of installing newer systems. This condition helps manufacturers to reduce the price of RFID tags, which is one of the prevailing trends in the market. Moreover, potential demand from the healthcare industry is building greater opportunities in RFID tag market.

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Market is categorized on the basis of type, application and geography. On the basis of type, market is divided into active, passive and semi-passive. Owing to comparative small size, cost effectiveness and durability, passive tags segment is expected to lead the market in the coming years. Moreover, passive tags are used in numerous applications like inventory management, access control, tool tracking and supply chain management.

Based on application, market is bifurcated into retail, healthcare, logistics & transportation, automotive. Logistics & transportation segment leads the market owing to its increased use for improving logistics services and transport safety & security.

Geographically, market is divided into North America, Latin America, Asia Pacific and Middle East & Africa. North America is expected to dominate the market due to the growing need for well-organized supply chain management. Asia-Pacific region is also expected to lead in future due to increase in demand from retail and manufacturing industries.

The prominent players in RFID tag market comprise Alien Technology, LLC, HID Global Corporation, Thin Film Electronics ASA, GAO RFID Inc., Impinj, Inc., Xerox Corporation, Omni-ID, Invengo Information Technology Co., Ltd., Molex LLC., Zebra Technologies Corporation.

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