RFID Smart Cabinets Market Global Trends, Industry Growth,
Analysis, Overview by 2025
“The Global Radio-Frequency Identification (RFID) Smart Cabinet Market is
expected to reach USD 1.4 billion by 2025, according to a new report by Hexa
Reports. Globally, growing need for inventory management in hospitals has
led to increased demand and thereby market growth.”
The Global Radio-Frequency Identification (RFID) Smart Cabinet Market is expected to reach USD 1.4 billion
by 2025, according to a new report by Hexa Reports. Globally, growing need for inventory management in
hospitals has led to increased demand and thereby market growth.
Furthermore, advantages associated with RFID smart cabinets such as accuracy, real-time tracking, and lesser
inventory waste and equipment losses. All the above factors, decreases the operational cost of hospitals and
hence number of hospitals across the globe started to adopt RFID smart cabinets for tracking of various items.
North America dominated the Radio-frequency identification smart cabinet market due to the local presence
of market players, government initiatives, availability of innovative products, and advanced healthcare
infrastructure. For instance, in March 2015, SATO, a provider of auto-id solutions published their new SATO
PJM RFID Smart Cabinet at an annual meeting of the American Academy of Orthopaedic Surgeons, 2015.
Other than orthopedic, the device is applicable in management of diamonds. Pharmaceuticals, and other high-
value items.
Browse Detail Report With TOC @
https://www.hexareports.com/report/rfid-radio-frequency-identification-smart-cabinets-market
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