Welcome!

News Feed Item

Global RFID Blood Monitoring Systems Market Revenue CAGR to Exceed 23.0% - MarketResearch.biz

NEW YORK, April 16, 2018 /PRNewswire/ --

MarketResearch.biz announces publication of its most recently generated research report titled, "Global RFID Blood Monitoring Systems Market by Product Type (RFID Systems and RFID Tags), End User, and Region - Global Forecast to 2026", which offers a holistic view of the global RFID blood monitoring systems market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2017-2021) is projected to be US$ 1,154.6 Mn, which is expected to increase rather significantly over the latter part of the five-year forecast period.

     (Logo: http://mma.prnewswire.com/media/611427/marketResearchBiz_Logo.jpg )

RFID blood monitoring systems are used in healthcare facilities for proper and accurate tracking of blood and blood products. These devices are widely used owing to their ability to communicate and send information over a distance as compared to other tracking systems that need proper line of sight for information transfer. RFID tags contain electronically stored information of products they are attached to, and can be used for tracking objects. Moreover, as blood and blood products need proper monitoring so as to avoid any consequences from inaccurate administration in patients, these systems are being increasingly adopted in healthcare facilities across the globe.

Growth of the global RFID blood monitoring systems market is driven by industry players focusing intensely on research & development of new and cost-effective systems and tags, coupled with increasing adoption of RFID blood monitoring systems in various developing economies.

Request for Free Sample Report Here: https://marketresearch.biz/report/rfid-blood-monitoring-systems-market/request-sample/

Global RFID Blood Monitoring Systems Market: Market Dynamics 

According to the repot, several advantages of RFID blood monitoring systems over conventional tracking systems such as barcodes and manual efforts is a major factor driving growth of the global RFID blood monitoring systems market. Also, technological advancements in RFID systems and rising demand for reduction of human errors in labelling and use of blood and blood products are other major factors boosting growth of the global RFID blood monitoring systems market over the forecast period. However, high costs associated with procurement and use of RFID blood monitoring systems is a major factor restraining growth of the global RFID blood monitoring systems market. Additionally, several issues related with use of RFID systems especially security related concerns is another major factor expected to limit growth of the global market over the forecast period.

Increasing adoption of RFID blood monitoring systems by various end user's in developed and developing economies owing to growing awareness and technological advancements in RFID blood monitoring systems is a major trend being witnessed in the global market. This trend is further anticipated to boost growth of the global RFID blood monitoring systems market over the forecast period.

Global RFID Blood Monitoring Systems Market: Market Forecast 

The comprehensive research report comprises a complete forecast of the global RFID blood monitoring systems market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global RFID blood monitoring systems market is expected to expand at a significant CAGR of 23.2% during the forecast period 2017 and 2026.

Global RFID Blood Monitoring Systems Market: Segmental Snapshot 

The global RFID blood monitoring systems market report has been segmented on the basis of product type, end user, and region. The product type segment includes RFID systems and RFID tags. End user segment includes blood banks, hospitals, and research labs. The regions covered in the analysis are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

By product type: The RFID systems segment is estimated to account for highest share in terms of revenue in the global market in 2017, and is expected to register highest CAGR at around 23.0%, as compared to that of the RFID tags segment over the forecast period.

By end user: The blood banks segment among the end user segments is estimated to account for highest revenue share in the global market in 2017. It is further projected to witness significant growth over the forecast period registering a CAGR of around 23.0% over the forecast period. Moreover, the hospitals segment is projected to register highest CAGR of around 23.0%, as compared to other end user segments over the forecast period.

By region: The market in North America accounted for highest revenue share in the global RFID blood monitoring systems market in 2016, and is expected to record a CAGR of around 23.0% between 2017 and 2026. The market in Asia Pacific is expected to register highest CAGR of over 23.5% between 2017 and 2026.

Browse Complete Report's Table of Content Here: https://marketresearch.biz/report/rfid-blood-monitoring-systems-market/

Global RFID Blood Monitoring Systems Market: Competitive Analysis 

The research report on the Global RFID Blood Monitoring Systems Market includes detailed competitive analysis on major companies such as Biolog ID, S3Edge Inc., Mediware Information System Inc., Terso Solutions, Inc., SATO VICINITY PTY LTD., Mobile Aspects Inc., Logi-Tag Systems, Nordic ID, WaveMark, Inc., B Medical Systems S.à r.l., and RFID Global Solution, Inc.

The Global RFID Blood Monitoring Systems Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2017-2026 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global RFID blood monitoring systems market for 2017-2026.

Related Market Reports: 

Ambulatory Blood Pressure Monitoring Devices Market: https://marketresearch.biz/report/ambulatory-blood-pressure-monitoring-devices-market/

Tire Pressure Monitoring Systems Market: https://marketresearch.biz/report/tire-pressure-monitoring-systems-market/

Nerve Monitoring Devices Market: https://marketresearch.biz/report/nerve-monitoring-devices-market/

About Us:  

MarketResearch.biz is a specialized market research, analytics, and solutions company, offering strategic and tactical support to clients for making well-informed business decisions. We are a team of dedicated and impassioned individuals, who believe strongly in giving our very best to what we do and we never back down from any challenge. MarketResearch.biz offers services such as data mining, information management, and revenue enhancement solutions and suggestions. We cater to industries, individuals, and organizations across the globe, and deliver our offerings in the shortest possible turnaround time.

Follow us on LinkedIn: https://www.linkedin.com/company/marketresearch-biz/

Follow us on Twitter: https://twitter.com/PrudourResearch

Contact Us:
Lawrence John
420 Lexington Avenue, Suite 300 
New York City, NY 10170 
United States
Email ID: [email protected]
Tel: +1 347 826 1876 

Website: https://marketresearch.biz
Referral Website: http://chollywood.info/


SOURCE MarketResearch.biz

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Announcing Poland #DigitalTransformation Pavilion
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
CloudEXPO | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
For far too long technology teams have lived in siloes. Not only physical siloes, but cultural siloes pushed by competing objectives. This includes informational siloes where business users require one set of data and tech teams require different data. DevOps intends to bridge these gaps to make tech driven operations more aligned and efficient.
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution. In his session at @ThingsExpo, Akvelon expert and IoT industry leader Sergey Grebnov provided an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors!