Spain Rfid In Healthcare Market Size & Outlook, 2023-2030
Spain rfid in healthcare market, 2018-2030 (US$M)
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Spain rfid in healthcare market highlights
- The Spain rfid in healthcare market generated a revenue of USD 115.2 million in 2023 and is expected to reach USD 380.3 million by 2030.
- The Spain market is expected to grow at a CAGR of 18.6% 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 115.2 million |
| Market revenue in 2030 | USD 380.3 million |
| Growth rate | 18.6% (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, Spain accounted for 2.5% 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 Europe, Germany rfid in healthcare market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 812.2 million by 2030.
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RFID In Healthcare Market Scope
RFID In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain 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 61.28% in 2023. Horizon Databook has segmented the Spain rfid in healthcare market based on systems & software, tags covering the revenue growth of each sub-segment from 2018 to 2030.
The RFID in healthcare market in Spain has high growth potential owing to the factors such as favorable government reforms and increase in adoption of RFID technology by hospitals. For instance, in 2014, Consorci Sanitari de l'Anoia, a hospital located in the city of Igualada, Barcelona, deployed an RFID-enabled solution “Dyane SmartCabinet” provided by Palex Medical, for tracking high-value products used in surgery.
Likewise, Hospital of Cotxeres in Spain uses RFID tags to enhance security of its patients as well as assets. In addition, developing healthcare sector in Spain is anticipated to support the market growth. For instance, the Catalonia region of Spain has more than 734 healthcarerelated companies that present lucrative growth opportunities.
The increasing disposable income, growing awareness about RFID benefits, and increasing investment on R&D are some other factors likely to contribute to the market growth. Some of the prominent global and local companies operating in Spain include Trace ID; Impinj, Inc.; Palex Medical; and others.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain rfid in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Spain rfid in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain rfid in healthcare market size, by product, 2018-2030 (US$M)
Spain RFID In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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