The Latin America, Middle East and Africa RFID in Healthcare Market would witness market growth of 20.7% CAGR during the forecast period (2023-2030).
RFID points to its significant potential for improving patient safety and cutting expenses in healthcare institutions. RFID was first used to monitor medical equipment, medications, personnel, and patients. RFID is a technology that sends radio waves via tags with electronic chips within. The tag includes details on the items or people, their precise location, and other information like the lot number and expiry date of pharmaceuticals and medical supplies and the patient's allergies or blood type, among others.
The data may be utilized by the personnel or kept in a database after being transferred to a reader within the building. Most healthcare institutions used to manually or bar-code monitor different resources and patients. Those who support RFID see several potential benefits over traditional bar-coded Auto-ID technology for streamlining supply chains and other activities. Barcode labels are typically read-only. However, RFID tags offer unique features, including the ability to read and write, which makes them flexible. Compared to barcode scanning, which needs labels to be read one at a time, reading several RFID tags simultaneously boosts efficiency.
The UAE government is making efforts to expand the number of medical tourists coming to the nation for Dubai to become a regional center for first-rate healthcare. The country has a robust infrastructure for transportation and logistics. The public system supports national vaccination efforts and medical diagnosis and treatment. It provides free medication for various chronic conditions, focusing on the elderly and small children. The region's well-established and expanding healthcare infrastructure is expected to lead to a rise in the use of RFID technology in healthcare, hence promoting market expansion.
The Brazil market dominated the LAMEA RFID in Healthcare Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $239.1 million by 2030. The Argentina market is exhibiting a CAGR of 21.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 20.4% during (2023 - 2030).
Based on Application, the market is segmented into Asset Tracking, Pharmaceutical Tracking, Patient Tracking, Blood Tracking and Others. Based on Product, the market is segmented into Tags and Systems & Software. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide RFID in Healthcare Market is Projected to reach USD 13.3 Billion by 2030, at a CAGR of 17.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Alien Technology, LLC, Zebra Technologies Corp., Avery Dennison Corporation, Impinj, Inc., 3M Company, Invengo Technology Pte. Ltd., Siemens AG, Fujitsu Limited and Terso Solutions, Inc. (Promega Corporation).
Scope of the Study
Market Segments Covered in the Report:
By Application
- Asset Tracking
- Pharmaceutical Tracking
- Patient Tracking
- Blood Tracking
- Others
By Product
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- Alien Technology, LLC
- Zebra Technologies Corp.
- Avery Dennison Corporation
- Impinj, Inc.
- 3M Company
- Invengo Technology Pte. Ltd.
- Siemens AG
- Fujitsu Limited
- Terso Solutions, Inc. (Promega Corporation)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA RFID in Healthcare Market, by Application
1.4.2 LAMEA RFID in Healthcare Market, by Product
1.4.3 LAMEA RFID in Healthcare Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
Chapter 4. LAMEA RFID in Healthcare Market by Application
4.1 LAMEA Asset Tracking Market by Country
4.2 LAMEA Pharmaceutical Tracking Market by Country
4.3 LAMEA Patient Tracking Market by Country
4.4 LAMEA Blood Tracking Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA RFID in Healthcare Market by Product
5.1 LAMEA Tags Market by Country
5.2 LAMEA Systems & Software Market by Country
Chapter 6. LAMEA RFID in Healthcare Market by Country
6.1 Brazil RFID in Healthcare Market
6.1.1 Brazil RFID in Healthcare Market by Application
6.1.2 Brazil RFID in Healthcare Market by Product
6.2 Argentina RFID in Healthcare Market
6.2.1 Argentina RFID in Healthcare Market by Application
6.2.2 Argentina RFID in Healthcare Market by Product
6.3 UAE RFID in Healthcare Market
6.3.1 UAE RFID in Healthcare Market by Application
6.3.2 UAE RFID in Healthcare Market by Product
6.4 Saudi Arabia RFID in Healthcare Market
6.4.1 Saudi Arabia RFID in Healthcare Market by Application
6.4.2 Saudi Arabia RFID in Healthcare Market by Product
6.5 South Africa RFID in Healthcare Market
6.5.1 South Africa RFID in Healthcare Market by Application
6.5.2 South Africa RFID in Healthcare Market by Product
6.6 Nigeria RFID in Healthcare Market
6.6.1 Nigeria RFID in Healthcare Market by Application
6.6.2 Nigeria RFID in Healthcare Market by Product
6.7 Rest of LAMEA RFID in Healthcare Market
6.7.1 Rest of LAMEA RFID in Healthcare Market by Application
6.7.2 Rest of LAMEA RFID in Healthcare Market by Product
Chapter 7. Company Profiles
7.1 Honeywell International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.6 SWOT Analysis
7.2 Alien Technology, LLC
7.2.1 Company Overview
7.3 Zebra Technologies Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional & Segmental Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.3.6 SWOT Analysis
7.4 Avery Dennison Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.5 Impinj, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Acquisition and Mergers:
7.6 3M Company
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.6 SWOT Analysis
7.7 Invengo Technology Pte. Ltd.
7.7.1 Company Overview
7.8 Siemens AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 SWOT Analysis
7.9 Fujitsu Limited
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Terso Solutions, Inc. (Promega Corporation)
7.10.1 Company Overview
7.10.2 Recent strategies and developments:
7.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 LAMEA RFID in Healthcare Market, 2019 - 2022, USD Million
TABLE 2 LAMEA RFID in Healthcare Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– RFID in Healthcare Market
TABLE 4 Product Launches And Product Expansions– RFID in Healthcare Market
TABLE 5 Acquisition and Mergers– RFID in Healthcare Market
TABLE 6 LAMEA RFID in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 7 LAMEA RFID in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 8 LAMEA Asset Tracking Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Asset Tracking Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Pharmaceutical Tracking Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Pharmaceutical Tracking Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Patient Tracking Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Patient Tracking Market by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Blood Tracking Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Blood Tracking Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA RFID in Healthcare Market by Product, 2019 - 2022, USD Million
TABLE 19 LAMEA RFID in Healthcare Market by Product, 2023 - 2030, USD Million
TABLE 20 LAMEA Tags Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Tags Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Systems & Software Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Systems & Software Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA RFID in Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA RFID in Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 26 Brazil RFID in Healthcare Market, 2019 - 2022, USD Million
TABLE 27 Brazil RFID in Healthcare Market, 2023 - 2030, USD Million
TABLE 28 Brazil RFID in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 29 Brazil RFID in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 30 Brazil RFID in Healthcare Market by Product, 2019 - 2022, USD Million
TABLE 31 Brazil RFID in Healthcare Market by Product, 2023 - 2030, USD Million
TABLE 32 Argentina RFID in Healthcare Market, 2019 - 2022, USD Million
TABLE 33 Argentina RFID in Healthcare Market, 2023 - 2030, USD Million
TABLE 34 Argentina RFID in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 35 Argentina RFID in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 36 Argentina RFID in Healthcare Market by Product, 2019 - 2022, USD Million
TABLE 37 Argentina RFID in Healthcare Market by Product, 2023 - 2030, USD Million
TABLE 38 UAE RFID in Healthcare Market, 2019 - 2022, USD Million
TABLE 39 UAE RFID in Healthcare Market, 2023 - 2030, USD Million
TABLE 40 UAE RFID in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 41 UAE RFID in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 42 UAE RFID in Healthcare Market by Product, 2019 - 2022, USD Million
TABLE 43 UAE RFID in Healthcare Market by Product, 2023 - 2030, USD Million
TABLE 44 Saudi Arabia RFID in Healthcare Market, 2019 - 2022, USD Million
TABLE 45 Saudi Arabia RFID in Healthcare Market, 2023 - 2030, USD Million
TABLE 46 Saudi Arabia RFID in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 47 Saudi Arabia RFID in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 48 Saudi Arabia RFID in Healthcare Market by Product, 2019 - 2022, USD Million
TABLE 49 Saudi Arabia RFID in Healthcare Market by Product, 2023 - 2030, USD Million
TABLE 50 South Africa RFID in Healthcare Market, 2019 - 2022, USD Million
TABLE 51 South Africa RFID in Healthcare Market, 2023 - 2030, USD Million
TABLE 52 South Africa RFID in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 53 South Africa RFID in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 54 South Africa RFID in Healthcare Market by Product, 2019 - 2022, USD Million
TABLE 55 South Africa RFID in Healthcare Market by Product, 2023 - 2030, USD Million
TABLE 56 Nigeria RFID in Healthcare Market, 2019 - 2022, USD Million
TABLE 57 Nigeria RFID in Healthcare Market, 2023 - 2030, USD Million
TABLE 58 Nigeria RFID in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 59 Nigeria RFID in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 60 Nigeria RFID in Healthcare Market by Product, 2019 - 2022, USD Million
TABLE 61 Nigeria RFID in Healthcare Market by Product, 2023 - 2030, USD Million
TABLE 62 Rest of LAMEA RFID in Healthcare Market, 2019 - 2022, USD Million
TABLE 63 Rest of LAMEA RFID in Healthcare Market, 2023 - 2030, USD Million
TABLE 64 Rest of LAMEA RFID in Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 65 Rest of LAMEA RFID in Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 66 Rest of LAMEA RFID in Healthcare Market by Product, 2019 - 2022, USD Million
TABLE 67 Rest of LAMEA RFID in Healthcare Market by Product, 2023 - 2030, USD Million
TABLE 68 Key Information – Honeywell International, Inc.
TABLE 69 Key Information – Alien Technology, LLC
TABLE 70 Key information – Zebra Technologies Corporation
TABLE 71 Key Information – Avery Dennison Corporation
TABLE 72 Key Information – Impinj, Inc.
TABLE 73 Key Information – 3M Company
TABLE 74 Key Information – Invengo Technology Pte. Ltd.
TABLE 75 Key Information – Siemens AG
TABLE 76 Key Information – Fujitsu Limited
TABLE 77 Key Information – Terso Solutions, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 LAMEA RFID in Healthcare Market share by Application, 2022
FIG 5 LAMEA RFID in Healthcare Market share by Application, 2030
FIG 6 LAMEA RFID in Healthcare Market by Application, 2019 - 2030, USD Million
FIG 7 LAMEA RFID in Healthcare Market share by Product, 2022
FIG 8 LAMEA RFID in Healthcare Market share by Product, 2030
FIG 9 LAMEA RFID in Healthcare Market by Product, 2019 - 2030, USD Million
FIG 10 LAMEA RFID in Healthcare Market share by Country, 2022
FIG 11 LAMEA RFID in Healthcare Market share by Country, 2030
FIG 12 LAMEA RFID in Healthcare Market by Country, 2019 - 2030, USD Million
FIG 13 Swot analysis: Honeywell international, inc.
FIG 14 SWOT Analysis: Zebra Technologies Corporation
FIG 15 Recent strategies and developments: Avery Dennison Corporation
FIG 16 Recent strategies and developments: Impinj, Inc.
FIG 17 SWOT Analysis: 3M Company
FIG 18 Swot Analysis: Siemens AG
FIG 19 SWOT Analysis: Fujitsu Limited