Global RFID Blood Monitoring Systems Market (2013 - 2019)

REPORT DESCRIPTION
RFID Blood Monitoring Systems (Blood Refrigerators and Freezers) Market is
Expected to Reach USD 174.2 Million Globally in 2019: Transparency Market
Research
Market Research Reports : Transparency Market Research published new market report
"RFID Blood Monitoring Systems (Blood Refrigerators and Freezers) Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019"
the global RFID blood refrigerators and freezers market was valued at USD 40.9 million in
2012 and is expected to grow at a CAGR of 22.8% from 2013 to 2019, to reach an
estimated value of USD 174.2 million in 2019.
The global RFID blood refrigerators and freezers market is expected to undergo rapid
growth of 22.8% from 2013 to 2019. This growth is majorly attributed to the rapid adoption
of RFID technology in the healthcare industry and growing need for efficient management of
blood and blood products to minimize transfusion errors. Growing trend of consolidation of
healthcare facilities has resulted in growth of their size. This is followed by the increase in
the volume of inventory of blood and blood products. Consistency in the occurrence of
transfusion and storage errors despite the use of bar-coding and note-taking systems also
influence the demand for RFID blood tracking solutions in blood banks and hospitals.
Transparency Market Research
RFID Blood Monitoring
Systems Market - Global
Industry Analysis, Size,
Share, Growth, Trends and
Forecast, 2013 – 2019
Single User License: US $ 4595
Multi User License: US $ 7595
Corporate User License: US $ 10595
Buy Now
Request Sample
Published Date: July 2013
92 Pages Report

The major concern for hospitals and blood centers is patient safety, minimal wastage of
blood products and minimization of blood transfusion errors. Consistent prevalence of blood
transfusion errors and to minimize the time consuming paperwork for inventory
management, hospitals and blood banks throughout the world have begun to explore RFID
tracking system for its potential in efficient inventory and supply management.
Furthermore, privatization of healthcare infrastructure has led to a growth in the number of
large sized blood banks and hospitals in many developing countries which require efficient
catering to the transfusion needs of patients. This phenomenon serves as a potential
opportunity for the RFID blood refrigerators and freezers manufacturers to introduce their
products in these regions.
North America was the dominant geographical market for RFID blood refrigerators and
freezers in 2012. RFID systems for Real Time Location Systems, asset tracking and
inventory management are mature technologies in this region and many healthcare
institutions have already adopted RFID to reduce errors and increase productivity. The US
has the highest adoption rate of RFID in its healthcare system. The advanced healthcare
system of this country and existence of large sized blood banks have been responsible for
the high level of RFID tracking technology utilized in its healthcare infrastructure. Currently,
North America encompasses more than 50% of the global RFID blood refrigerators and
freezers market.
Moreover, the adoption of RFID blood refrigerators is high in blood banks than in hospital
blood centers. This is due to the existence of more number of blood banks across all regions
and the volume stored and supplied to and from blood banks is larger than that in hospital
blood centers.
At present, the global market for RFID blood refrigerators and freezers has few players.
Companies such as Biolog ID, Terso Solutions and Magellan technologies are the dominant
players in this market. Recent FDA approval to the first RFID-enabled Blood tracking system
will encourage more companies to enter this market thereby increasing the competition.
The global RFID blood refrigerators and freezers market is segmented as follows:
RFID Blood Refrigerators and Freezers Market, by Geography
 North America
o Hospital blood centers
o Blood banks
 Europe
o Blood banks

Browse the full report at http://www.transparencymarketresearch.com/blood-
monitoring-systems.html
 Asia-Pacific
o Blood banks
 Rest of the World (RoW)
o Blood banks
TABLE OF CONTENTS
Chapter 1 Introduction
1.1 Report Description
1.2 Research Methodology
1.2.1 Sources
1.2.1.1 Secondary Research
1.2.1.2 Primary Research
1.3 Assumptions
1.4 List of Abbreviations
Chapter 2 Executive Summary
2.1 RFID Blood Refrigerators and Freezers Market, by Geography, 2012 (USD Million)
2.2 RFID Blood Refrigerators and Freezers Market Volume, by Geography, 2012 (Units)
Chapter 3 Market Overview
3.1 Market Trends and Future Outlook

3.2 Drivers
3.2.1 Need to Efficiently Manage Blood and Blood Products Inventory and Ensure
Minimum Blood Transfusion Errors
3.2.2 Increase in the Demand for RFID-Enabled Refrigerators and Cabinets
3.3 Restraints
3.3.1 Reluctance Pertaining to Adoption of RFID Systems
3.3.2 High Cost of RFID Technology
3.4 Opportunities
3.4.1 Low Penetration Rate of RFID-Enabled Tracking Solutions in Healthcare Industry
3.4.2 Manufacturing Blood Tracking Solutions in Conformity With Global Standards
3.5 Market Attractiveness Analysis: Global RFID Blood Monitoring Systems (Blood
Refrigerators and Freezers) Market, by Geography, 2012
3.6 Regulatory Status for Using RFID: Presence of Governing Bodies and Their Roles, by
Geography
3.6.1 North America
3.6.2 Europe
3.6.3 Asia-Pacific
3.6.4 Rest of the World
3.7 Growth in Tracking Medical Equipment, Pharmaceuticals and Other Hospital Supplies,
Current Trends and Future Perspective
3.7.1 Comparative Analysis: Global Market for RFID in Healthcare, by Applications,
2012 & 2019 (value %)
3.7.2 Asset Management and Tracking
3.7.3 Patient Tracking
3.7.4 Pharmaceuticals Tracking

3.7.5 Blood Monitoring
Chapter 4 Global RFID Blood Monitoring Systems (Blood Refrigerators and
Freezers) Market
4.1 Overview
4.1.1 Global RFID Blood Refrigerators and Freezers Market, by Geography, 2011 – 2019
(USD Million)
4.1.2 Global RFID Blood Refrigerators and Freezers Market Volume, by Geography,
2011 – 2019 (Units)
Chapter 5 RFID Blood Monitoring Systems (Blood Refrigerators and Freezers)
Market, By Geography
5.1 Overview
5.2 Comparative Analysis: Global RFID Blood Monitoring Systems Market, By Geography,
2012 & 2019 (Value %)
5.3 North America
5.3.1 North America RFID Blood Refrigerators and Freezers Market, 2011 – 2019 (USD
Million)
5.3.2 RFID Blood Refrigerators and Freezers
5.3.2.1 Hospital Blood Centers
5.3.2.1.1 North America RFID Blood Refrigerators and Freezers Hospital
Blood Centers Market Volume, 2011 – 2019 (Units)
5.3.2.2 Blood Banks
5.3.2.2.1 North America RFID Blood Refrigerators and Freezers in Blood
Banks Market Volume, 2011 – 2019 (Units)
5.3.3 Non-RFID blood freezers and fridges
5.3.3.1.1 North America Non-RFID Blood Refrigerators and Freezers in
Hospital Blood Centers Market Volume, 2011 – 2019 (Units)

5.3.3.2 Blood Banks
5.3.3.2.1 North America Non-RFID Blood Refrigerators and Freezers in
Blood Banks Market Volume, 2011 – 2019 (Units)
5.3.4 List of Major Blood Banks and Hospital Blood Centers in North America
5.4 Europe
5.4.1 Europe RFID Blood Refrigerators and Freezers Market, 2011 – 2019 (USD Million)
5.4.2.1.1 Europe RFID Blood Refrigerators and Freezers in Hospital Blood
Centers Market Volume, 2011 – 2019 (Units)
5.4.2.2 Blood Banks
5.4.2.2.1 Europe RFID Blood Refrigerators and Freezers in Blood Banks
Market Volume, 2011 – 2019 (Units)
5.4.3 Non-RFID blood freezers and fridges (volume)
5.4.3.1.1 Europe Non-RFID Blood Refrigerators and Freezers in Hospital
5.4.3.2 Blood Banks
5.4.3.2.1 Europe Non-RFID Blood Refrigerators and Freezers in Blood
5.4.1 List of Major Blood Banks and Hospital Blood Centers in Europe
5.6 Asia-Pacific
5.6.1 Asia-Pacific RFID Blood Refrigerators and Freezers Market, 2011 – 2019 (USD
Million)
5.6.2.2 Asia-Pacific RFID Blood Refrigerators and Freezers in Hospital Blood
Centers Market Volume, 2011 – 2019 (Units)

5.6.2.3 Blood Banks
5.6.2.4 Asia-Pacific RFID Blood Refrigerators and Freezers in Blood Banks Market
Volume, 2011 – 2019 (Units)
5.6.3 Non-RFID Blood Refrigerators and Freezers
5.6.3.1.1 Asia-Pacific Non-RFID Blood Refrigerators and Freezers in
Hospital Blood Centers Market Volume, 2011 – 2019 (Units)
5.6.3.2 Blood Banks
5.6.3.2.1 Asia-Pacific Non-RFID Blood Refrigerators and Freezers in Blood
5.6.4 List of Major Blood Banks and Hospital Blood Centers in Asia-Pacific
5.7 Rest of the World
5.7.1 RoW RFID Blood Refrigerators and Freezers Market, 2011 – 2019 (USD Million)
5.7.2 RFID blood Refrigerators and Freezers
5.7.2.2 RoW RFID Blood Refrigerators and Freezers in Hospital Blood Centers
5.7.2.3 Blood Banks
5.7.2.4 RoW RFID Blood Refrigerators and Freezers in Blood Banks Market
Volume, 2011 – 2019 (Units)
5.7.3 Non-RFID blood refrigerators and freezers
5.7.3.1.1 RoW Non-RFID Blood Refrigerators and Freezers in Hospital
5.7.3.2 Blood Banks

5.7.3.2.1 RoW Non-RFID Blood Refrigerators and Freezers in Blood Banks
5.7.4 List of Major Blood Banks and Hospital Blood Centers in RoW
Chapter 6 Competitive Landscape and Recommendations
6.1 List of Major Manufacturers, by Geography
6.2 Market strategy for success
Chapter 7 Company Profiles
7.1 Champion Medical Technologies
7.1.1 Company Overview
7.1.2 Financial Overview
7.1.3 Strategic Overview
7.1.4 Product Portfolio
7.1.5 Recent Developments
7.2 LPIT Solutions, Inc.
7.3 Magellan Technology Pty. Ltd.

7.4 RURO, Inc.
7.5 SysLogic, Inc.
7.6 Terso Solutions, Inc.
7.7 ThingMagic, Inc.

About Us:
Transparency Market Research is a market intelligence company providing global business
information reports and services. Our exclusive blend of quantitative forecasting and trends
analysis provides forward-looking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants,
who use proprietary data sources and various tools and techniques to gather, and analyze
information. Our business offerings represent the latest and the most reliable information
indispensable for businesses to sustain a competitive edge.
Contact:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

Global RFID Blood Monitoring Systems Market (2013 - 2019)

Recommended

Recommended

More Related Content

Recently uploaded

Recently uploaded (20)

Featured

Featured (20)

Global RFID Blood Monitoring Systems Market (2013 - 2019)