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RFID Blood Monitoring Systems Market - Global Industry Analysis, Trends and Forecast, 2013 - 2019

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RFID Blood Monitoring Systems Market - Global Industry Analysis, Trends and Forecast, 2013 - 2019

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  1. Transparency Market Research RFID Blood Monitoring Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 Published Date 30-July-2013 92 Page Report Request Sample Buy Now Press Release Efforts to Offer Efficient Patient-care Services Drives Deployment of RFID Blood Monitoring Systems Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

  2. RFID Blood Monitoring Systems Market REPORT DESCRIPTION RFID Blood Monitoring Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 A market study, titled “RFID Blood Monitoring Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, has been recently released by Transparency Market Research (TMR). The report states that the global RFID blood monitoring systems market, which had a valuation of US$40.9 mn in 2012, will reach a valuation of US$174.2 mn in 2019, displaying a whopping 22.80% CAGR from 2013 to 2019. RFID blood monitoring is a technology used for tracking and inventory management of blood and blood products in hospitals and blood banks. The RFID blood monitoring systems market has made a significant impact on global healthcare industry, prime reason being increased adoption of RFID tracking systems in reducing human efforts and errors in maintenance and control of healthcare inventory, documentation and patient management. High prevalence of blood disorders and growing need for therapeutic blood transfusion has increased the demand for blood and blood products globally. The simultaneous increase in the aging population demanding blood transfusion and consequent rise in need for inventory management of blood banks and hospital blood centers can be efficiently managed by using RFID blood tracking solutions. Proper installation and implementation of RFID blood tracking solutions also result in cost containment in the long run to medical institutions. RFID enabled smart refrigerators being one of the fastest growing segments in this market, has witnessed an upswing in the demand of such equipment in blood banks and in hospital blood centers. Though at budding stage, the demand for RFID blood refrigerators and freezers is expected to propel due to the increasing demand for blood products. The market for RFID blood refrigerators and freezers was worth USD 32.8 million in 2011 and is expected to undergo double digit growth in the upcoming years. Browse Full Press Release: http://www.transparencymarketresearch.com/pressrelease/blood- monitoring-systems.htm 2 Transparency Market Research

  3. RFID Blood Monitoring Systems Market General Uses of RFID Systems in Medical Field RFID has three basic uses in the field of medicine namely; tracking patients, tracking equipment, and tracking staff. With RFID: Tracking patient’s medical condition and history becomes easier • Tracking expensive medical equipment in hospitals has become advantageous • Medical machines or certain devices that have historically been overlooked in the storage are now • tagged with RFID tracking systems, and easily found when required in times of emergency The number of staff needed to scrutinize hospitals for misplaced or lost equipment can reduce • significantly, resulting in substantial payroll savings Uses of RFID Blood Monitoring Systems in the Healthcare Industry The blood monitoring systems seek to improve safety and reduce costs in the blood supply chain management through the use of RFID technology. These systems help to track and monitor patients’ location, document medication, and interaction time periodically. Need for RFID Blood Monitoring Systems The primary concern for blood centers and hospitals is patient safety, minimization of blood transfusion errors, and minimal wastage of blood products. There is a burgeoning need to minimize the time consuming paperwork of the medical inventory management and reduce the consistent prevalence of blood transfusion errors at various blood banks and hospitals throughout different medical verticals in the world. Hence, RFID blood monitoring tracking systems are used for potential safety and efficient handling in supply chain management, as well as inventory management. Request A Sample Of This Report: http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=1394 Being one of the most regulated industries across the world, healthcare industry requires compliance criteria to be met at every stage of product management. RFID has the potential of improving patient 3 Transparency Market Research

  4. RFID Blood Monitoring Systems Market safety and providing seamless healthcare service to the ever increasing patient pool through efficient inventory reduction and management, increased labor efficiency and overall operational automation. The market for application of RFID refrigerators and freezers in blood banks and hospital blood centers is still at a developing stage and further acceptance and growth of this market is expected in near future. The market players in the RFID blood refrigerators and freezers industry offer both retrofitting of conventional blood refrigerators as well as manufacture of new solutions. Consultants, hospitals and other medical facilities hold a view that tracking systems of RFID are easy to use and the staff members of such facilities seem to largely benefit from the use of this technology. Real time savings is an added advantage of installation of RFID blood tracking systems. Lengthy lists of RFID solution providers showcase signs that hospitals are becoming increasingly interested in adopting these systems as well as an increase in facility-wide installation of RFID systems. Geographically, North America dominates the global RFID blood refrigerators and freezers market. Growing acceptance of RFID tracking technology by major industries and verified efficiency in hospitals through long-term use of RFID systems drives the market for RFID blood monitoring in North America. In addition, technology advancements, developing healthcare infrastructure, increased funding to healthcare organizations and need for efficient inventory management of blood products ensuring reduced blood transfusion errors with the use of RFID enabled refrigerators and cabinets in emerging economies are the major factors which drive the Asia-Pacific, Latin American and Middle Eastern market. TABLE OF CONTENT 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 4 Transparency Market Research

  5. RFID Blood Monitoring Systems Market 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 5 Transparency Market Research

  6. RFID Blood Monitoring Systems Market 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 6 Transparency Market Research

  7. RFID Blood Monitoring Systems Market 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 Hospital Blood Centers 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 RFID Blood Refrigerators and Freezers 5.4.2.1 Hospital Blood Centers 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 Hospital Blood Centers 5.4.3.1.1 Europe Non-RFID Blood Refrigerators and Freezers in Hospital Blood Centers Market Volume, 2011 – 2019 (Units) 7 Transparency Market Research

  8. RFID Blood Monitoring Systems Market 5.4.3.2 Blood Banks 5.4.3.2.1 Europe Non-RFID Blood Refrigerators and Freezers in Blood Banks Market Volume, 2011 – 2019 (Units) 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 RFID Blood Refrigerators and Freezers 5.6.2.1 Hospital Blood Centers 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 Hospital Blood Centers 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 Banks Market Volume, 2011 – 2019 (Units) 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 5.7.2.1 Hospital Blood Centers 8 Transparency Market Research

  9. RFID Blood Monitoring Systems Market 5.7.2.2 RoW RFID Blood Refrigerators and Freezers in Hospital Blood Centers Market Volume, 2011 – 2019 (Units) 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 Hospital Blood Centers 5.7.3.1.1 RoW Non-RFID Blood Refrigerators and Freezers in Hospital Blood Centers Market Volume, 2011 – 2019 (Units) 5.7.3.2 Blood Banks 5.7.3.2.1 RoW Non-RFID Blood Refrigerators and Freezers in Blood Banks Market Volume, 2011 – 2019 (Units) 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. 7.2.1 Company Overview 9 Transparency Market Research

  10. RFID Blood Monitoring Systems Market 7.2.2 Strategic Overview 7.2.3 Financial Overview 7.2.4 Product Portfolio 7.2.5 Recent Developments 7.3 Magellan Technology Pty. Ltd. 7.3.1 Company Overview 7.3.2 Strategic Overview 7.3.3 Financial Overview 7.3.4 Product Portfolio 7.3.5 Recent Developments 7.4 RURO, Inc. 7.4.1 Company Overview 7.4.2 Strategic Overview 7.4.3 Financial Overview 7.4.4 Product Portfolio 7.4.5 Recent Developments 7.5 SysLogic, Inc. 7.5.1 Company Overview 7.5.2 Strategic Overview 7.5.3 Financial Overview 7.5.4 Product Portfolio 7.5.5 Recent Developments 7.6 Terso Solutions, Inc. 10 Transparency Market Research

  11. RFID Blood Monitoring Systems Market 7.6.1 Company Overview 7.6.3 Financial Overview 7.6.4 Product Portfolio 7.6.5 Recent Developments 7.7 ThingMagic, Inc. 7.7.1 Company Overview 7.7.2 Strategic Overview 7.7.3 Financial Overview 7.7.4 Product Portfolio 7.7.5 Recent Developments About Us Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations. 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/ 11 Transparency Market Research

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