Globally, growing need for inventory management in hospitals has led to increased demand and thereby market growth. Furthermore, advantages associated with RFID smart cabinets such as accuracy, real-time tracking, and lesser inventory waste and equipment losses. All the above factors, decreases the operational cost of hospitals and hence number of hospitals across the globe started to adopt RFID smart cabinets for tracking of various items. The U.S. created maximum demand in North America for RFID cabinets. Factors such as growing technological advancements and developments in healthcare infrastructure are expected to favor the market demand in North America. Asia-Pacific is expected to emerge as high growth regional market owing to growing demand in countries such as China and India
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Scope of the Report:
The worldwide market for RFID Smart Cabinets is expected to grow at a CAGR of roughly 10.8% over the next five years, will reach 1040 million US$ in 2023, from 560 million US$ in 2017, according to a new RFM (Research for Markets) study.
Market Segment by Manufacturers, this report covers
Mobile Aspects, Tagsys RFID group, LogTag, Stanley Innerspace, Terson Solutions, Solstice Medical
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)\
Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. The tags contain electronically-stored information. Passive tags collect energy from a nearby RFID reader’s interrogating radio waves. Active tags have a local power source (such as a battery) and may operate hundreds of meters from the RFID reader. Unlike a barcode, the tag need not be within the line of sight of the reader, so it may be embedded in the tracked object. RFID is one method for Automatic Identification and Data Capture (AIDC).
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There are 15 Chapters to deeply display the global RFID Smart Cabinets market.
Chapter 1, to describe RFID Smart Cabinets Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of RFID Smart Cabinets, with sales, revenue, and price of RFID Smart Cabinets, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of RFID Smart Cabinets, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, RFID Smart Cabinets market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe RFID Smart Cabinets sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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About Research for Markets:
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