Healthcare and Pharmaceuticals
GLOBAL HEALTHCARE AIDC (AUTOMATIC IDENTIFICATION OF DATA CAPTURE) MARKET was valued at USD 1.51 Billion for the year 2017. Healthcare AIDC Market is further expected to grow at a CAGR of 16.02% from 2018 to reach USD 3.65 Billion by the year 2023.
By region, North America holds the highest market share in 2017 while Asia-Pacific region is considered as the fastest growing market in the forecasted period. The U.S. is the major market in 2017 at country level and China, South Korea & Japan is further anticipated to grow at a steady pace in the next 5 years due to growing acceptance of healthcare technologies.
Some of the top players in the Healthcare AIDC Market in 2017 are Bluebird Inc. (South Korea), Code Corporation (Netherlands), Cognex Corporation (U.S.), Honeywell International Inc. (U.S.), JADAK (U.S.), Zebra Technologies Corporation (U.S.), Toshiba Tec Corporation (Japan), and Impinj Inc. (U.S.). Better global reach at the operational level is the main reason the key players are holding substantial market share. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years. In 2017, Impinj Inc. a leading provider of RAIN RFID solutions collaborated with STANLEY Healthcare provider of visibility solutions and analytics for the healthcare industry. Partnership Extends the Range of Real-Time Asset Management and Patient Flow Options for STANLEY Healthcare Customers with Impinj Platform named MobileView®.
Rising demand for errorless medication and medical facilities
Improving efficiency in health operations management
High Initial Investments
Low technological adoption rate by healthcare centers
Lack of coordination between government
Growing technological advancements and digitalization industry
Rising government participation in healthcare sectors
Adverse effects on health and safety
Lack of reliability and safety
The segmentation is done on the basis of product types, RFID segment among barcode printers, barcode verifiers, and barcode scanners is expected to hold the highest market share during the forecast period because of the technological advancements and providing enhanced efficiency & safety of healthcare delivery.
The segmentation is done on the basis of an application which includes diagnostics center and laboratories and clinical & hospitals of which the diagnostics center and laboratories segment are expected to grow at the highest CAGR during the forecasted period due to the high adoption rate of RFID systems in diagnostics and laboratories.
Key Benefits for Stakeholders
Automatic Identification & Data Capture Manufacturers, Distributors, and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
Healthcare Providers/ healthcare systems and patients
Software & Services
Diagnostics center and laboratories
Clinical and Hospitals
Key Market Players
Honeywell International Inc.
Allien Technologies Corporation
Axicon Auto ID Ltd.
Toshiba Tec Corporation
Zebra Technologies Corporation
(Another brief information of 15 companies will be provided in the report)
Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.
1.1 Market Vision
1.1.1 Market Definition
1.1.2 Market Scope
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
188.8.131.52. Key Data from Secondary Research
2.1.2. Primary Research
184.108.40.206. Key Data from Primary Research
220.127.116.11. Breakdowns of Primary Interviews
2.2. Market Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Revenue Process
2.3. Data Triangulation
2.4. Research Assumptions
3. Executive Summary
4. Market Overview
4.7. Supply Chain/Value Chain Analysis
4.8. Patent & Standards
5. Industry Trends
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Healthcare AIDC Market, By Type
6.2. Software & Services
7. Healthcare AIDC Market, By Application
7.1. Diagnostics center and laboratories
7.2. Clinical and Hospitals
8. Geographical Analysis
8.2. North America
8.4. Asia Pacific
8.4.1. South Korea
8.5.1. Latin America
18.104.22.168. Rest of Latin America
8.5.2. Middle East and Africa
9. Company Profiles
(Business Overview, Financial Overview, Product write Up, Recent Developments)
9.1 Bluebird Inc.
9.2 Code Corporation
9.3 Cognex Corporation
9.4 Honeywell International Inc.
9.6 Datalogic S.P.A.
9.7 Zebra Technologies Corporation
9.8 Toshiba Tec Corporation
9.9 Impinj, Inc.
9.10 Sato Worldwide
9.12 Axicon Auto ID Ltd
(Another brief information of 13 companies will be provided in the report)
11. Competitive Analysis
10.2. Market Positioning of Key Players
10.3. Competitive Strategies Adopted by Leading Players
10.3.1. Investments & Expansions
10.3.2. New Product Launches
10.3.3. Mergers & Acquisitions
10.3.4. Agreements, Joint Ventures, and Partnerships
11.2. Available Customizations
11.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)
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