Australia Rfid In Healthcare Market Size & Outlook
Australia rfid in healthcare market, 2018-2030 (US$M)
Related Markets
Australia rfid in healthcare market highlights
- The Australia rfid in healthcare market generated a revenue of USD 100.4 million in 2023 and is expected to reach USD 333.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 18.7% from 2024 to 2030.
- In terms of segment, tags was the largest revenue generating product in 2023.
- Tags is the most lucrative product segment registering the fastest growth during the forecast period.
Rfid in healthcare market data book summary
| Market revenue in 2023 | USD 100.4 million |
| Market revenue in 2030 | USD 333.1 million |
| Growth rate | 18.7% (CAGR from 2023 to 2030) |
| Largest segment | Tags |
| Fastest growing segment | Tags |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Systems & Software, Tags |
| Key market players worldwide | Alien Technology, Zebra Technologies Corp Class A, Avery Dennison Corp, Impinj Inc, LogiTag, Mobile Aspects, Promega, Invengo, Gao Rfid, CenTrak |
Other key industry trends
- In terms of revenue, Australia accounted for 2.2% of the global rfid in healthcare market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China rfid in healthcare market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 951.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
RFID In Healthcare Market Scope
RFID In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia rfid in healthcare market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rfid in healthcare market will help companies and investors design strategic landscapes.
Tags was the largest segment with a revenue share of 61.35% in 2023. Horizon Databook has segmented the Australia rfid in healthcare market based on systems & software, tags covering the revenue growth of each sub-segment from 2018 to 2030.
In Australia, the usage of RFID in healthcare sector is increasing at a rapid rate. Majority of orthopedic implant suppliers in Australia are tagging the devices at their warehouse as they receive the goods from factories.
Additionally, for confirming the compliance of the shipments with the orders, implant suppliers in the country put the loan-kit shipments through RFID tunnel readers at dispatch. In hospitals, adoption of RFID technology is increasing as a number of hospitals are using the technology for patient, staff, and blood-products tracking.
For instance, in 2016, Liverpool hospital in Sydney, Australia, adopted RFID to track blood products. The RFID system installed by the hospital consisted of SpaceCode’s SmartFridge, tags, and software, which were provided by Australian technology distributor Wishmed.
Reasons to subscribe to Australia rfid in healthcare market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia rfid in healthcare market databook
-
Our clientele includes a mix of rfid in healthcare market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia rfid in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Australia rfid in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia rfid in healthcare market size, by product, 2018-2030 (US$M)
Australia RFID In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
