Market revenue in 2023 | USD 189.5 million |
Market revenue in 2030 | USD 623.3 million |
Growth rate | 18.5% (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 |
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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 61.37% in 2023. Horizon Databook has segmented the Japan rfid in healthcare market based on systems & software, tags covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is one of the most industrialized nations and is a pioneer in development of new technologies & products. The RFID kanban system was developed in Japan, and ever since, the country has witnessed tremendous advancements in RFID systems & solutions.
Increasing disease burden and the need to reduce healthcare expenditure are some of the key factors promoting adoption of RFID. The implementation of RFID systems for patient monitoring, asset tracing, and ensuring supply chain integrity is expected to remove process delays, prevent entry of counterfeit products, and improve organizational efficiency.
Furthermore, adoption of the RFID smart cabinets and 2-bin kanban systems is expected to aid market growth over the forecast period. In addition, RFID manufacturing companies are entering into partnership with Japanese hospitals to test their products.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan rfid in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Japan rfid in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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