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Global RFID Blood Monitoring Systems Market To Grow At A CAGR Of 22.96% During The Period 2016-2020

Press release   •   Sep 20, 2016 08:59 EDT has recently announced the addition of a market study “ Global RFID Blood Monitoring Systems Market 2016-2020 ”, is acomparative analysis of the global market.


About RFID Blood Monitoring Systems

RFID is a technology that works on the basis of an electronic circuit or tag. These are either self-powered (using a battery) or powered intermittently through radiation from a distance. These devices can send information to a reader placed at a distance. The tags are plain antennae bonded to a silicon chip placed inside a plastic or glass case. RFID tags contain electronically stored information, which can be used for tracking objects. The healthcare industry is becoming aware of the several uses of RFID, especially to promote efficiency in the tracking and monitoring of products and devices and prevent manual error. RFID blood monitoring systems include blood refrigerators and freezers.

Technavios analysts forecast the global RFID blood monitoring systems market to grow at a CAGR of 22.96% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global RFID blood monitoring systems market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of RFID blood monitoring systems to hospitals, blood banks, and research laboratories.

The market is divided into the following segments based on geography:




Technavio's report, Global RFID Blood Monitoring Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors


Mediware Information Systems


SATO Vicinity

Terso Solutions

Other prominent vendors



Mobile Aspects

Nordic ID

Solstice Medical

Stanley Healthcare



Zebra Technologies

Market driver

Robust guidelines enabling use of RFID for blood monitoring

For a full, detailed list, view our report

Market challenge

High initial investment and maintenance cost

For a full, detailed list, view our report

Market trend

Growing adoption of RFID-based solutions for efficient blood monitoring

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.