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Worldwide RFID Blood Monitoring System Industry to 2026 - Surge in Adoption of RFID Solutions in Effective Blood Monitoring Presents Opportunities

Research and Markets
·7-min read

Dublin, Dec. 22, 2021 (GLOBE NEWSWIRE) -- The "RFID Blood Monitoring System Market Research Report by Device, End-use, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global RFID Blood Monitoring System Market size was estimated at USD 459.63 million in 2020, is expected to reach USD 513.56 million in 2021, and projected to grow at a CAGR of 12.07% reaching USD 910.71 million by 2026.

Market Statistics

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage

This research report categorizes the RFID Blood Monitoring System to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Device, the market was studied across RFID Systems and RFID Tags.

  • Based on End-use, the market was studied across Blood Bank and Hospital Blood Centers.

  • Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

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Competitive Strategic Window

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix

The FPNV Positioning Matrix evaluates and categorizes the vendors in the RFID Blood Monitoring System Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global RFID Blood Monitoring System Market, including Biolog-Id, Cardinal Health, Digi-Trax, Honeywell Corporation, InnerSpace, Invengo Technology Pte. Ltd., LogiTag Medical Solutions, LogTag recorders Ltd, Magellan Technologies, Mediware Information Systems, Mobile Aspects Inc, S3Edge, SATO Vicinity, Solstice Medical LLC, Stanley Innerspace, TAGSY RFID, Tagsys RFID Group, Terso Solutions, Terson Solutions, Wavemark Inc, and Zebra Technologies Corporation.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:1. What is the market size and forecast of the Global RFID Blood Monitoring System Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global RFID Blood Monitoring System Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global RFID Blood Monitoring System Market?
4. What is the competitive strategic window for opportunities in the Global RFID Blood Monitoring System Market?
5. What are the technology trends and regulatory frameworks in the Global RFID Blood Monitoring System Market?
6. What is the market share of the leading vendors in the Global RFID Blood Monitoring System Market?
7. What modes and strategic moves are considered suitable for entering the Global RFID Blood Monitoring System Market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Cumulative Impact of COVID-19

5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.2.1. Growing need to overcome errors during blood transfusions
5.2.2. Increased advantages of RFID over barcode scanners driving adoption
5.2.3. Robust guidelines enabling use of RFID for blood monitoring
5.3. Restraints
5.3.1. Concerns over management, data privacy, and security
5.4. Opportunities
5.4.1. Proliferation in research and development activities in the development of cost-effective monitoring system
5.4.2. Surge in adoption of RFID solutions in effective blood monitoring
5.5. Challenges
5.5.1. High initial investment and maintenance cost

6. RFID Blood Monitoring System Market, by Device
6.1. Introduction
6.2. RFID Systems
6.3. RFID Tags

7. RFID Blood Monitoring System Market, by End-use
7.1. Introduction
7.2. Blood Bank
7.3. Hospital Blood Centers

8. Americas RFID Blood Monitoring System Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific RFID Blood Monitoring System Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand

10. Europe, Middle East & Africa RFID Blood Monitoring System Market
10.1. Introduction
10.2. France
10.3. Germany
10.4. Italy
10.5. Netherlands
10.6. Qatar
10.7. Russia
10.8. Saudi Arabia
10.9. South Africa
10.10. Spain
10.11. United Arab Emirates
10.12. United Kingdom

11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.1.1. Quadrants
11.1.2. Business Strategy
11.1.3. Product Satisfaction
11.2. Market Ranking Analysis
11.3. Market Share Analysis, by Key Player
11.4. Competitive Scenario
11.4.1. Merger & Acquisition
11.4.2. Agreement, Collaboration, & Partnership
11.4.3. New Product Launch & Enhancement
11.4.4. Investment & Funding
11.4.5. Award, Recognition, & Expansion

12. Company Usability Profiles
12.1. Biolog-Id
12.2. Cardinal Health
12.3. Digi-Trax
12.4. Honeywell Corporation
12.5. InnerSpace
12.6. Invengo Technology Pte. Ltd.
12.7. LogiTag Medical Solutions
12.8. LogTag recorders Ltd.
12.9. Magellan Technologies
12.10. Mediware Information Systems
12.11. Mobile Aspects Inc.
12.12. S3Edge
12.13. SATO Vicinity
12.14. Solstice Medical LLC
12.15. Stanley Innerspace
12.16. TAGSY RFID
12.17. Tagsys RFID Group
12.18. Terso Solutions
12.19. Terson Solutions
12.20. Wavemark Inc.
12.21. Zebra Technologies Corporation

13. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/tntvty

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900