The Global RFID in Healthcare Market is Projected to Reach US$5.4 Billion by 2024
Focus on Quality of Care & Patient Safety in an Increasingly Value Based Healthcare System to Benefit Demand for RFID in Healthcare, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global RFID in Healthcare market. The global RFID in Healthcare market is projected to reach US$5.4 billion by 2024 , driven by the growing trend towards value-based healthcare (VBH) and the resulting need to develop integrated care pathways to ensure superior health outcomes. Besides barcodes, RFID is another asset tracking technology that is being widely adopted in various sectors. RFID employs a small computer chip and transmits information through radio waves. The healthcare sector has been recognizing the potential of the technology and the advantages it has been offering in other sectors and therefore has been making efforts to use this technology. ...