Report Detail
Global RFID Smart Cabinet Market Growth 2019-2024
- RnM2887151 |
- 06 February, 2019 |
- Global |
- 136 Pages |
- LPI(LP Information) |
- Machinery & Equipment
RFID smart cabinets are cabinets are important components of smart hospital industry. RFID technology endows cabinets with the uttermost convenient for accurate identification and a large extend on efficiency. With computing systems and platform software, uses of RFID smart cabinet usually operate with a desktop to control the whole system of RFID smart cabinet, which could be possibly used in the clinic document management or pharmacy control system. Vendors on this area mostly claim they build on scientific calculation and software to construct their system or solution for a more efficient smart hospital environment.
With the development of global smart health industry, and growing need for building smart and automatic pharmacy and clinic document system, the demand of RFID Smart Cabinet constantly increased in these years. As a result, the total production and sales of RFID Smart Cabinet continuously increased in recent years.
Regional market for RFID smart cabinet presented North America dominated the global RFID smart cabinet demand, with the largest consumption market which accounts for 50.32% of global market share in 2015. Growing adoption rates of healthcare information technologies and the entry of private healthcare establishments into emerging markets such as India, China, Brazil and Argentina is also expected to drive market growth over the next six years.
On an average, a hospital loses more than 15% of its assets in a year owing to fraud or misplacement of hospital supplies. In order to eliminate such losses and enhance time efficiency, hospitals are focusing on upgrading their infrastructure and incorporating RFID technology to keep track of their inventories. Therefore, the healthcare sector is the predominant end-user of RFID smart cabinets, accounting for 93.05% of the revenue share in 2015.
Rising initiatives undertaken by healthcare institutions to curb costs via the adoption of an efficient inventory management solution is expected to be a key driver for RFID smart cabinet demand. The report also observes that government regulations aimed at efficient inventory management of medical supplies in healthcare institutions coupled with the current low market penetration rate of RFID technologies in these institutions is expected to fuel market demand over future 5-10 years.
Continuous R&D and ongoing clinical trials have resulted in better product designs that incorporate advanced technological features. The development of the healthcare industry and its infrastructure have led to an increase in healthcare expenditure. Developed countries in the Americas and Europe spend the most on healthcare. Developing countries have to increase their spending dramatically to provide basic health insurance coverage, develop a primary healthcare service system, and improve the availability of medications in rural and suburban areas. This is expected to result in the reformation of public hospitals and healthcare facilities, thereby increasing the demand for laser equipment, propelling market growth.
Conclusively, the RFID Smart Cabinet manufacture industry has an expected future, the markets are still growing over time. Our analysis indicates that Europe is the largest consumption market according to our report. RFID Smart Cabinet for machine tools is the most prevalent kind among all the others. Our prediction is that the RFID Smart Cabinet market will grow over time.
According to this study, over the next five years the RFID Smart Cabinet market will register a 11.2% CAGR in terms of revenue, the global market size will reach US$ 1030 million by 2024, from US$ 540 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in RFID Smart Cabinet business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of RFID Smart Cabinet market by product type, application, key manufacturers and key regions and countries.
This study considers the RFID Smart Cabinet value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
RFID Reader
RFID Tag
RFID Antana
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Healthcare
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
LogiTag Systems
Mobile Aspects
TAGSYS RFID
Terson Solutions
WaveMark
Sato Vicinity
Grifols
Skytron
Palex Medical
Nexess
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global RFID Smart Cabinet consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of RFID Smart Cabinet market by identifying its various subsegments.
Focuses on the key global RFID Smart Cabinet manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the RFID Smart Cabinet with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of RFID Smart Cabinet submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global RFID Smart Cabinet Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global RFID Smart Cabinet Consumption 2014-2024
- 2.1.2 RFID Smart Cabinet Consumption CAGR by Region
- 2.2 RFID Smart Cabinet Segment by Type
- 2.2.1 RFID Reader
- 2.2.2 RFID Tag
- 2.2.3 RFID Antana
- 2.2.4 Others
- 2.3 RFID Smart Cabinet Consumption by Type
- 2.3.1 Global RFID Smart Cabinet Consumption Market Share by Type (2014-2019)
- 2.3.2 Global RFID Smart Cabinet Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global RFID Smart Cabinet Sale Price by Type (2014-2019)
- 2.4 RFID Smart Cabinet Segment by Application
- 2.4.1 Healthcare
- 2.4.2 Other
- 2.5 RFID Smart Cabinet Consumption by Application
- 2.5.1 Global RFID Smart Cabinet Consumption Market Share by Application (2014-2019)
- 2.5.2 Global RFID Smart Cabinet Value and Market Share by Application (2014-2019)
- 2.5.3 Global RFID Smart Cabinet Sale Price by Application (2014-2019)
3 Global RFID Smart Cabinet by Players
- 3.1 Global RFID Smart Cabinet Sales Market Share by Players
- 3.1.1 Global RFID Smart Cabinet Sales by Players (2017-2019)
- 3.1.2 Global RFID Smart Cabinet Sales Market Share by Players (2017-2019)
- 3.2 Global RFID Smart Cabinet Revenue Market Share by Players
- 3.2.1 Global RFID Smart Cabinet Revenue by Players (2017-2019)
- 3.2.2 Global RFID Smart Cabinet Revenue Market Share by Players (2017-2019)
- 3.3 Global RFID Smart Cabinet Sale Price by Players
- 3.4 Global RFID Smart Cabinet Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global RFID Smart Cabinet Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players RFID Smart Cabinet Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 RFID Smart Cabinet by Regions
- 4.1 RFID Smart Cabinet by Regions
- 4.1.1 Global RFID Smart Cabinet Consumption by Regions
- 4.1.2 Global RFID Smart Cabinet Value by Regions
- 4.2 Americas RFID Smart Cabinet Consumption Growth
- 4.3 APAC RFID Smart Cabinet Consumption Growth
- 4.4 Europe RFID Smart Cabinet Consumption Growth
- 4.5 Middle East & Africa RFID Smart Cabinet Consumption Growth
5 Americas
- 5.1 Americas RFID Smart Cabinet Consumption by Countries
- 5.1.1 Americas RFID Smart Cabinet Consumption by Countries (2014-2019)
- 5.1.2 Americas RFID Smart Cabinet Value by Countries (2014-2019)
- 5.2 Americas RFID Smart Cabinet Consumption by Type
- 5.3 Americas RFID Smart Cabinet Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC RFID Smart Cabinet Consumption by Countries
- 6.1.1 APAC RFID Smart Cabinet Consumption by Countries (2014-2019)
- 6.1.2 APAC RFID Smart Cabinet Value by Countries (2014-2019)
- 6.2 APAC RFID Smart Cabinet Consumption by Type
- 6.3 APAC RFID Smart Cabinet Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe RFID Smart Cabinet by Countries
- 7.1.1 Europe RFID Smart Cabinet Consumption by Countries (2014-2019)
- 7.1.2 Europe RFID Smart Cabinet Value by Countries (2014-2019)
- 7.2 Europe RFID Smart Cabinet Consumption by Type
- 7.3 Europe RFID Smart Cabinet Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa RFID Smart Cabinet by Countries
- 8.1.1 Middle East & Africa RFID Smart Cabinet Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa RFID Smart Cabinet Value by Countries (2014-2019)
- 8.2 Middle East & Africa RFID Smart Cabinet Consumption by Type
- 8.3 Middle East & Africa RFID Smart Cabinet Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 RFID Smart Cabinet Distributors
- 10.3 RFID Smart Cabinet Customer
11 Global RFID Smart Cabinet Market Forecast
- 11.1 Global RFID Smart Cabinet Consumption Forecast (2019-2024)
- 11.2 Global RFID Smart Cabinet Forecast by Regions
- 11.2.1 Global RFID Smart Cabinet Forecast by Regions (2019-2024)
- 11.2.2 Global RFID Smart Cabinet Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global RFID Smart Cabinet Forecast by Type
- 11.8 Global RFID Smart Cabinet Forecast by Application
12 Key Players Analysis
- 12.1 LogiTag Systems
- 12.1.1 Company Details
- 12.1.2 RFID Smart Cabinet Product Offered
- 12.1.3 LogiTag Systems RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 LogiTag Systems News
- 12.2 Mobile Aspects
- 12.2.1 Company Details
- 12.2.2 RFID Smart Cabinet Product Offered
- 12.2.3 Mobile Aspects RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Mobile Aspects News
- 12.3 TAGSYS RFID
- 12.3.1 Company Details
- 12.3.2 RFID Smart Cabinet Product Offered
- 12.3.3 TAGSYS RFID RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 TAGSYS RFID News
- 12.4 Terson Solutions
- 12.4.1 Company Details
- 12.4.2 RFID Smart Cabinet Product Offered
- 12.4.3 Terson Solutions RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Terson Solutions News
- 12.5 WaveMark
- 12.5.1 Company Details
- 12.5.2 RFID Smart Cabinet Product Offered
- 12.5.3 WaveMark RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 WaveMark News
- 12.6 Sato Vicinity
- 12.6.1 Company Details
- 12.6.2 RFID Smart Cabinet Product Offered
- 12.6.3 Sato Vicinity RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Sato Vicinity News
- 12.7 Grifols
- 12.7.1 Company Details
- 12.7.2 RFID Smart Cabinet Product Offered
- 12.7.3 Grifols RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Grifols News
- 12.8 Skytron
- 12.8.1 Company Details
- 12.8.2 RFID Smart Cabinet Product Offered
- 12.8.3 Skytron RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Skytron News
- 12.9 Palex Medical
- 12.9.1 Company Details
- 12.9.2 RFID Smart Cabinet Product Offered
- 12.9.3 Palex Medical RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Palex Medical News
- 12.10 Nexess
- 12.10.1 Company Details
- 12.10.2 RFID Smart Cabinet Product Offered
- 12.10.3 Nexess RFID Smart Cabinet Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Nexess News
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on RFID Smart Cabinet . Industry analysis & Market Report on RFID Smart Cabinet is a syndicated market report, published as Global RFID Smart Cabinet Market Growth 2019-2024. It is complete Research Study and Industry Analysis of RFID Smart Cabinet market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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