Global healthcare automatic identification and data capture

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Dublin, December 16, 2021 (GLOBE NEWSWIRE) – The “Healthcare Auto Identification and Data Capture Market by Product, Technology, Application and Region – Global Forecast to 2028” the report was added to ResearchAndMarkets.com offer.

The global healthcare AIDC market is projected to reach $ 25.91 billion by 2028, with a CAGR of 22.5% during the forecast period 2021-2028. In terms of volume, the global market Healthcare CDIA is expected to reach 269,949,445.5 units by 2028, growing at a CAGR of 24.8%.

The market is primarily driven by factors such as advancement in technology as well as expanding applications of AIDC technologies in healthcare applications such as asset management, patient management, and inventory management.

In addition, the growing acceptance of advanced technologies, such as RFID, barcodes and biometrics, and the growing adoption in the healthcare supply chain, hospitals and patient management, are encouraging also the demand for AIDC devices. However, although the adoption of AIDC-enabled devices is on the rise, there is still some reluctance to adopt new technologies.

This, along with the high cost of some AIDC devices, may constrain the growth of the healthcare auto-identification and data capture market.

Based on technology, the AIDC healthcare market is broadly categorized into Barcode, RFID, Biometrics, Smart Cards, Magnetic Stripes, and OCR. In 2021, the RFID segment is expected to represent the largest share of the global AIDC healthcare market.

The large segment share is attributed to the growing importance of access control, increasing demand for AIDC systems to reduce personalized data entry errors, constantly increasing identity fraud and on-demand growing access to contactless data after COVID-19. However, the biometrics segment is expected to register the fastest CAGR during the forecast period due to the increasing demand for biometric devices in the industry.

In 2021, the scanner and reader segment is expected to hold the largest share of the global AIDC healthcare market. The significant segment share is attributed to the increased demand for AIDC systems for patient tracking, supply chain, inventory and asset management, and reduction of custom data entry errors.

Additionally, scanners and readers are also expected to grow with the fastest growth rate during the forecast period due to the increasing demand for safe sample management during the COVID-19 pandemic. In terms of volume, the consumables segment is expected to account for the largest share in 2021. The consumables segment is also expected to grow with the highest growth rate during the forecast period.

In 2021, the patient and prescription management segment is expected to hold the largest share of the global AIDC healthcare market due to advancements in AIDC technologies and increasing adoption of AIDC technologies for increased patient safety during COVID-19.

However, the drug management segment is expected to register the fastest CAGR during the forecast period due to the efficient delivery of a prescription, increased applications of AIDC for the initial assessment of drugs. patient needs for psychotropic drugs and ongoing medical surveillance related to patient use. psychotropic medication by a qualified physician / prescriber.

Key questions answered in the report-

  • What are the high growth market segments in terms of product type, application, technology and country?
  • What is the historical AIDC healthcare market around the world?
  • What are the market forecasts and estimates for the period 2021-2028?
  • What are the key drivers, restraints, and opportunities in the global AIDC for healthcare market?
  • Who are the major players in the global AIDC for Healthcare market and what share do they hold?
  • What are the recent developments in the global AIDC for healthcare market?
  • What are the different strategies adopted by the major players in the global Healthcare CDIA market?
  • What are the geographic trends and high growth countries?
  • How is the competitive landscape?
  • Who are the emerging local players in the global AIDC for healthcare market and how do they compete with other players?

Market dynamics

Conductors

  • Growing importance of electronic health records (EHRs)
  • Rapid digital transformation in the healthcare sector

Opportunities

  • AIDC’s diverse inclusion in the health sector

Challenges

  • Vulnerability to cyber threats
  • Lack of acceptance in developing countries

Tendencies

  • Use of RFID for the management of Covid-19 vaccines

Company profiles (company overview, financial overview, product portfolio, strategic developments)

  • Zebra Technologies Corporation
  • Honeywell International Inc.
  • Avery Dennison Company
  • Newland EMEA
  • SPA Datalogic
  • NEC Company
  • Extraterrestrial Technology Society
  • Seagull Scientific Inc.
  • SATO in the world

For more information on this report, visit https://www.researchandmarkets.com/r/do4mm4



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