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RFID-Enabled Smart Cabinets Market To Reach US$ 1,659.8 Million By 2027 - Coherent Market Insights

u201cCoherent Market Insights u201cRFID ENABLED SMART CABINETS MARKET u2013 GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027u2033

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RFID-Enabled Smart Cabinets Market To Reach US$ 1,659.8 Million By 2027 - Coherent Market Insights

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  1. RFID ENABLED SMART CABINETS MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Asia Pacific Alopecia Treatment Market - Overview Radio-frequency Identification (RFID) offers better automation in tracking and inventory control of drugs and devices. It involves minimum human involvement, which significantly reduces errors. It can store voluminous data about usage, sanitation, inventory capacity along with any additional parameters. Statistics: The global RFID-Enabled Smart Cabinets Market is estimated to account for US$ 1,659.8 Mn in terms of value by the end of 2027. Global RFID-enabled Smart Cabinets Market: Drivers Regulatory advisory to implement standard asset management system across hospitals is expected to propel growth of the global RFID-enabled smart cabinets market over the forecast period. For instance, GS1 is a not-for-profit organization that helps to prevent medication errors, enable effective recalls and supports clinical processes in order to increase patient safety and drive supply chain efficiency. The European Article Numbering Association and Uniform Code Council’s Electronic Product Code (EPC) enables GS1 standards to be used for RFID. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/rfid- enabled-smart-cabinets-market-3953 © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION Global RFID-enabled Smart Cabinets Market: Opportunities Manufacturing cabinets that conform to globally accepted quality standards is expected to offer lucrative growth opportunities for players in the global RFID-enabled smart cabinets market. If the vendors / suppliers manufacture GS1 compliant RFID-enabled smart cabinets, they can gain competitive advantage over peers. Global RFID-enabled Smart Cabinets Market: Restraints Potential danger to functioning of other medical devices cabinets is expected to hinder growth of the global RFID-enabled smart cabinets market. There is a potential danger to the functioning of implants and some other devices, which may not be protected against electromagnetic interference and other interferences caused by RFID equipment. RFID systems may cause disruption in the operation of defibrillators and other medical equipment. Key Takeaways: The global RFID-enabled smart cabinets market was valued at US$ 680.3 Mn in 2019 and is forecast to reach a value of US$ 1,659.8 Mn by 2027 at a CAGR of 11.8% between 2020 and 2027. Increasing approval and launch of new products is expected to drive the market growth during the forecast period. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/3953 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION North America segment held dominant position in the global RFID-enabled smart cabinets market in 2019, accounting for 55.3% share in terms of value, followed by Europe and Asia Pacific, respectively. Increasing healthcare infrastructure along with increasing demand for RFID enabled smart cabinet is expected to assist the market growth. Major players in the market are focused on launching new products to expand their product portfolio. For instance, in March 2020, LogiTag launched Snap & Go, an image recognition solution for items' documentation in the operating room. Major players in the market are also focused on expanding their manufacturing capability to enhance their market share. For instance, in 2018, Terso Solutions, Inc. started 30, 000 sq. ft. manufacturing facility in Wisconsin, U.S. Global RFID-enabled Smart Cabinets Market: Competitive Landscape Major players operating in the global RFID-enabled smart cabinets market include. LogiTag, Mobile Aspects, Inc., Solstice Medical LLC, Stanley Innerspace, Invengo Technology Pte. Ltd., Terso Solutions, Inc., and WaveMark Inc. (Cardinal Health). Global RFID-enabled Smart Cabinets Market: Key Developments February 2018: Cardinal Health closed its divestiture of its Cardinal Health China business to Shanghai Pharmaceuticals Holding Co., Ltd. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3953 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

  7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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