The latest report on RFID Blood Monitoring System Market by Infinium Global Research gives complete
coverage of the RFID Blood Monitoring System Market by roduct type (systems and tags), by end user(blood
banks and hospital blood centers) in terms of key trends, market size, forecast and CAGR growth over the
period of 2017 to 2023. In addition, the study covers deep dive into key product and applications trends in the
regional markets of RFID Blood Monitoring System such as North America, Europe, Asia-Pacific and Latin
America over the short run and long run.
Get a Sample Request
https://www.infiniumglobalresearch.com/reports/sample_request/338
Market Insights
The global RFID blood monitoring system market is projected to grow with a CAGR between 21% to 22% over
the forecast year 2017-2023. Increasing blood transfusions, increasing awareness among hospitals and blood
banks in RFID-enabled blood storage, robust guidelines enabling use of RFID for blood monitoring and
increasing incidence of chronic disease are the key factors driving the growth of this market. Furthermore,
stringent government regulations and high initial cost associated with the installation and maintenance of
RFID-enabled systems are the prime factors restraining the growth of this market. Moreover, growing
adoption of RFID-based solutions for efficient blood monitoring due to which key vendors are pursuing organic
growth strategies are expected to bring more opportunities to this market which in turn will further fuel the
growth of this market.
Segments Covered:
The report segments the RFID blood monitoring system market by product type and end user. Market
segmentation based on product type includes systems and tags. Moreover, the global RFID blood monitoring
system market based on end users is segmented into blood banks and hospital blood centers.
Infinium Global Research