UAE Rfid In Healthcare Market Size & Outlook, 2023-2030
UAE rfid in healthcare market, 2018-2030 (US$M)
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UAE rfid in healthcare market highlights
- The UAE rfid in healthcare market generated a revenue of USD 21.2 million in 2023 and is expected to reach USD 50.3 million by 2030.
- The UAE market is expected to grow at a CAGR of 13.1% 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 21.2 million |
| Market revenue in 2030 | USD 50.3 million |
| Growth rate | 13.1% (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, UAE accounted for 0.5% 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 Middle East & Africa, Saudi Arabia rfid in healthcare market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 56.5 million by 2030.
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RFID In Healthcare Market Scope
RFID In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 61.32% in 2023. Horizon Databook has segmented the UAE rfid in healthcare market based on systems & software, tags covering the revenue growth of each sub-segment from 2018 to 2030.
Government support and funding for new startups to advance healthcare technology are aiding market growth. For instance, the UAE led the Middle East in digital health funding with an investment of ~USD 232 million from 2014 to 2016.
All the abovementioned factors are encouraging adoption of RFID solutions by companies, patients, and physicians in the UAE In addition, medical clinics and hospitals are adopting RFID platforms for management of staff, patients, and for tracking of equipment.
This factor contributes to the market growth in the country. For instance, a major RFID tagging project was carried out by Centrex Technologies for Cleveland Clinic, Abu Dhabi in 2015. It involved applying RFID tags to 400,000 uniform items and linen with advanced management and tracking using the Linenweb Pro system.
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Our clientele includes a mix of rfid in healthcare market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the UAE rfid in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into UAE rfid in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE rfid in healthcare market size, by product, 2018-2030 (US$M)
UAE RFID In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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