RFID Blood Monitoring Systems Market Is Expected To Reach USD 511.5 Million By 2022: Grand View Research, Inc.

RFID blood monitoring systems market is expected to reach
$511.5 million by 2022
“The global RFID blood monitoring systems market is segmented on the basis of
product into systems and tags. The information stored on the RFID tags is directly
scanned and entered into the central data bases.”
The global RFID blood monitoring systems market is expected to reach USD
511.5 million by 2022, according to a new report by Grand View Research Inc. RFID
technology enables automation in data collection, identification, classification and
tracking items. Key growth factors attributing for its rapid growth include increasing
prevalence of chronic diseases such as heart, kidney, lung, liver, and other contagious
and non-contagious diseases.
Detailed Research Report available at:
http://www.grandviewresearch.com/industry-analysis/rfid-blood-monitoringsystems-market
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RFID tags are attached to blood samples to ensure easy monitoring of the samples in
hospitals, blood banks, and diagnostic centers. These RFID tags enable high speed
processing of samples without errors and mix-ups. Furthermore, increasing healthcare
expenditure, rising demand for preliminary healthcare checkups for early detection and
diagnosis are also expected to positively reinforce the market growth in the next seven
years.
RFID blood monitoring systems market is segmented on the basis of product into
systems and tags. The information stored on the RFID tags is directly scanned and
entered into the central data bases. This central data base enables analysis of patient
history, type of test performed and the sample used for testing. Technological
advancements such as cloud based servers enable easy access to sample information
from multiple devices will boost market growth over the next seven years.
RFID blood monitoring systems industry is segmented on the basis of end use as
blood banks and hospital blood centers. Blood banks and hospital blood centers are
required to have substantial inventory of blood and blood products. RFID tagging is an
affordable and systematic inventory management solution for such large scale testing,
and storage of blood.
Further key findings from the report suggest:

In 2014, North America held majority of market share of over 50% owing to the
presence of advanced healthcare infrastructure, high level collaboration between
the industry and stake holders. Furthermore, rapid adoption of technological
advanced products to improve patient care, diagnostic efficiency by ensuring
sample integrity in storage area and testing are amongst key factors positively
reinforcing the growth in the next seven years.
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
Asia Pacific is expected to be the fastest growing region with a CAGR of 23.2%
during the next seven years. Key factors attributing to its rapid growth include
economic development in countries such as China, Brazil, India, and South
Korea. Increasing disease prevalence rates leading to subsequent rise in blood
diagnostics and blood inventory management are expected to boost usage rates
of RFID blood monitoring systems and tags over the forecast period.

Key players in RFID systems and tags market include Wave Mark, Log Tag,
Tagsys RFID Group, Terson Solutions, Solstice Medical LLC, Stanley
Innerspace, Logi Tag and Mobile ASpects Inc. Furthermore, with the entry of new
players, introduction of technologically advanced, and low cost systems is
expected to improve competition over the forecast period.
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Industry:http://www.grandviewresearch.com/blogs/healthcare
Table of content of global RFID blood monitoring systems marketresearch
report:
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. RFID Blood Monitoring Systems– Industry Snapshot and Key Buying
Criteria, 2012 - 2022
Chapter 3. RFID Blood Monitoring Systems Industry Outlook
3.1. RFID blood monitoring systems market segmentation
3.2. RFID blood monitoring systems market size and growth prospects
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3.3. RFID blood monitoring systems market dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Key Opportunities Prioritized
3.5. Industry analysis - Porter's
3.6. Company market share analysis, 2014
3.7. RFID blood monitoring systems: PESTEL analysis, 2014
Chapter 4. RFID Blood Monitoring Systems Product Outlook
4.1. RFID blood monitoring systems market share, by product, 2014 & 2022
4.2. Systems
4.2.1. Systems market estimates and forecasts, 2012 – 2022 (USD Million)
4.3. Tags
4.3.1. Tags market estimates and forecasts, 2012 – 2022 (USD Million)
Chapter 5. RFID Blood Monitoring Systems End Use Outlook
5.1. RFID blood monitoring systems market share, by end use, 2014 & 2022
5.2. Blood bank
5.2.1. Blood banks transfer market estimates and forecasts, 2012 – 2022
(USD Million)
5.3. Hospital blood centers
5.3.1. Hospital blood centers market estimates and forecasts, 2012 – 2022
(USD Million)
Chapter 6. RFID Blood Monitoring Systems Regional Outlook
6.1. Market share, by region, 2014 & 2022
6.2. North America
6.2.1. Market estimates and forecasts, by product, 2012 – 2022
6.2.2. Market estimates and forecasts, by end use, 2012 – 2022
6.3. Europe
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6.3.1. Market estimates and forecasts, by product, 2012 – 2022
6.3.2. Market estimates and forecasts, by end use, 2012 – 2022
6.4. Asia Pacific
6.4.1. Market estimates and forecasts, by product, 2012 – 2022
6.4.2. Market estimates and forecasts, by end use, 2012 – 2022
6.5. RoW
6.5.1. Market estimates and forecasts, by product, 2012 – 2022
6.5.2. Market estimates and forecasts, by end use, 2012 – 2022
Chapter 7. Competitive Landscape
7.1. LogTag
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. Mobile ASpects Inc.
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. Solstice Medical LLC
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. Stanley Innerspace
7.4.1. Company Overview
7.4.2. Financial Performance
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7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. Tagsys RFID Group
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. Terson Solutions Inc.
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. WaveMark Inc.
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. Logi Tag
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
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About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company
provides syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: [email protected]
Web – http://www.grandviewresearch.com/
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The global RFID blood monitoring systems market is expected to reach USD 511.5 million by 2022, according to a new report by Grand View Research Inc. RFID technology enables automation in data collection, identification, classification and tracking items. Key growth factors attributing for its rapid growth include increasing prevalence of chronic diseases such as heart, kidney, lung, liver, and other contagious and non contagious diseases. For more information click here - http://www.grandviewresearch.com/industry-analysis/rfid-blood-monitoring-systems-market