TechNavio Announces the Publication of its Report “ Global RFID Market in the Healthcare Industry 2011“2015

Renewable energy

TechNavio today launched its report Global RFID Market in the Healthcare Industry 2011“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Healthcare team said; The service model used to deliver radio frequency identification (RFID) solutions is evolving to include managed infrastructure services, which eliminates the need for new IT infrastructure. Thus, RFID buyers can earn more return on investment through the deployment of managed RFID services. The widespread usage of RFID in the supply chain has eventually driven small and medium-sized enterprises to adopt RFID. Many pharmaceutical and healthcare businesses are now shifting to this technology to improve their supply chain management by improving on their inventory management system.
According to the report, the demand for RFID technology has been growing in the Pharmacy segment. This demand is driven by the increase in the use of low-priced RFID tags in high-volume pharmaceutical product sales. Further, vendors are focusing on promoting greater awareness and knowledge about the existing RFID standards in the market to the pharmaceutical companies.
Further, the report also discusses that security issues in inventory may restrain the growth of the Global RFID market in the Healthcare industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-rfid-market-healthcare-industry-2011
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