Global Automatic Identification and Data Capture in Healthcare Market to 2027 – Size, Trends and Growth Opportunities – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Global Automatic Identification and Data Capture in Healthcare Market size, trends and growth opportunities, by type, by application and by region and forecast to 2027.” report has been added to from ResearchAndMarkets.com offer.

Global Automatic Identification and Data Capture (AIDC) as a Healthcare Service Market was valued at US$1.99 billion in 2020, which is expected to reach US$6.09 billion by 2027 at a CAGR of 14.96% from 2020 to 2027.

AIDC stands for Automatic Identification and Data Capture, and it is a method of identifying and collecting data that can be entered into a computer without human intervention. Magnetic stripes, barcodes, QR codes, biometrics, radio frequency identification, optical character recognition, smart cards and voice recognition are some of the technologies included in the AIDC. Automatic identification and data capture (AIDC) in healthcare allows users to collect data without making errors, which improves patient care by reducing the risk of medication errors.

Drivers:

The growth of the healthcare AIDC market can be attributed to a number of factors including technological advancements and the increasing use of AIDC technologies in healthcare applications such as inventory management, patient management and asset management. Additionally, growing acceptance of advanced technologies such as biometrics, barcodes, and RFID, as well as their increased adoption in healthcare supply chain, hospitals, and patient management, are driving the demand. of AIDC devices.

Constraints:

Despite the fact that AIDC-enabled devices are becoming increasingly popular, there is still some apprehension about the adoption of new technologies. This, combined with the high cost of some AIDC devices, limits the growth of the healthcare sector automatic identification and data capture market.

Impact of Covid-19

The healthcare industry is constantly evolving to meet increasing regulatory pressures while maintaining a safe environment for patients and employees. The global impact of COVID-19 highlights the importance of automatic identification and data capture. These devices can help hospitals cope with the increased pressure caused by the influx of patients. Rising number of COVID-19 patients and deaths will necessitate increased healthcare spending, which is likely to drive the healthcare auto-ID and data capture market.

Market segmentation

  • Segmentation by Type: Global Healthcare Automatic Identification and Data Capture (AIDC) Market is categorized based on the type of Magnetic Stripe Cards, Smart Cards, Optical Character Recognition (OCR) Systems , RFID products and biometric systems.

  • Segmentation by Application: The global Healthcare Automatic Identification and Data Capture (AIDC) market is classified on the basis of application in clinical application and supply chain management.

  • Segmentation by Region: The global Healthcare Automatic Identification and Data Capture (AIDC) market is categorized by region into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.

Market Taxonomy

By type

  • Magnetic stripe cards

  • Smartcard

  • Optical character recognition (OCR) systems

  • RFID products

  • Biometric systems

By app

  • A clinical application

  • Supply chain management

By region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

Key questions addressed by the report

  • What are the key opportunities in the global Healthcare Automatic Identification and Data Capture (AIDC) market?

  • What will be the growth rate from 2020 to 2027?

  • Which segment/region will experience the highest growth?

  • What are the factors that will impact/driving the market?

  • What is the competitive landscape in the industry?

  • What is the role of key players in the value chain?

Companies cited

  • Zebra Technologies Corporation (USA)

  • Honeywell International Inc. (USA)

  • Avery Dennison Corporation (USA)

  • Newland EMEA (Netherlands)

  • Datalogic SPA (Italy)

  • NEC Corporation (Japan)

  • Alien Technologies Corporation (USA)

  • Seagull Scientific Inc. (USA)

  • SATO Worldwide (Japan).

For more information about this report visit https://www.researchandmarkets.com/r/wopfpn

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