RFID in Healthcare Industry 2008-2012

The global healthcare industry is facing several challenges such as spiraling healthcare costs, chronic labor shortages, huge losses including medical errors due to medication faults and loss of expensive equipment. In addition, changing demographics in key markets of Europe and the Americas, changing customer demands and needs, and non-uniform regulatory frameworks across different geographies is further changing the dynamics of the healthcare industry. Given this scenario, healthcare organizations are beginning to rely on RFID technology to tackle these challenges and increase focus on operational efficiency, enhance patient safety, and improve business processes. Healthcare providers and payers including patients are transforming the usage of RFID from technology that is used to reduce costs to facilitating, automating, and streamlining identification processes.

The report forecasts the market size of RFID in Healthcare Industry over the period 2008-2012. Further, the total market is segmented into various geographic regions. The report also discusses the key market trends of RFID in the Healthcare Industry. In addition, the report identifies the key selling drivers and challenges of RFID in the Healthcare Industry.

This report can help IT vendors identify target geographies. Further, the sales drivers can be used to penetrate the identified vertical or increase the current share of the customer's wallet.

TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.