Healthcare AIDC Market By Type (Hardware, Software & Services), By Application (Diagnostics center and laboratories, Clinical and Hospitals) - Global Opportunity Analysis and Industry Forecast, 2018-2023
Global Healthcare AIDC (Automatic Identification of Data Capture) Market was valued at USD 1.5 Billion for the year 2017. Healthcare AIDC Market is further expected to grow at a CAGR of 16.02 % from 2018 to reach USD 3.65 Billion by the year 2023.
North America region holds the highest market share in 2017. While Asia-Pacific region is considered as the fastest growing market in the forecasted period.
U.S. is the major market in 2017 at country level and China and Japan is further anticipated to grow at a steady pace in the next 5 years.
Some of the top players in the Healthcare AIDC Market in 2017 are Bluebird Inc. (South Korea), Code Corporation (Netherlands), Cognex Corporation (U.S.), Honeywell International Inc. (U.S.), JADAK (U.S.), Zebra Technologies Corporation (U.S.), Toshiba Tec Corporation (Japan), and Impinj Inc. (U.S.). Better global reach at operational level is the main reason the key players are holding substantial market share.
Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.
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Rising demand for errorless medication and medical facilities
Improving efficiency in health operations management
High Initial Investments
Low technological adoption rate by healthcare centers
Growing technological advancements and digitalization industry
Rising government participation
Implementation & adoption of new technology
The segmentation done on the basis of product types, RFID segment among barcode printers, barcode verifiers and barcode scanners is expected to hold the highest market share during the forecast period because of the increasing security in various industries and growing cyber & data threats.
The segmentation done on the basis of application which includes diagnostics center and laboratories and clinical & hospitals of which the diagnostics center and laboratories segment is expected to grow at the highest CAGR during the forecasted period.
Key Benefits for Stakeholders
Automatic Identification & Data Capture Manufacturers, Distributors and Retailers
Research and Consulting organization
End use industries
Regulatory bodies, policy actors and consumers.
Healthcare Providers/ healthcare systems and patients
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Market by Technology
Market by Product Type
Wand Barcode Scanners
Diagnostics center and laboratories
Clinical and Hospitals
Key Market Players
Honeywell International Inc.
Allien Technologies Corporation
Axicon Auto ID Ltd.
Toshiba Tec Corporation
Zebra Technologies Corporation
(A brief overview of 13 companies is also provided.)
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