U.S. Rfid In Healthcare Market Size & Outlook, 2023-2030
U.S. rfid in healthcare market, 2018-2030 (US$M)
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U.S. rfid in healthcare market highlights
- The U.S. rfid in healthcare market generated a revenue of USD 1,778.7 million in 2023 and is expected to reach USD 5,242.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 16.7% 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 1,778.7 million |
| Market revenue in 2030 | USD 5,242.1 million |
| Growth rate | 16.7% (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, U.S. accounted for 38.3% 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 North America, U.S. rfid in healthcare market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 884.0 million by 2030.
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RFID In Healthcare Market Scope
RFID In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 61.33% in 2023. Horizon Databook has segmented the U.S. rfid in healthcare market based on systems & software, tags covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. leads the RFID in healthcare market in North America. This can be attributed to the increase in number of advancements & deployment of advanced healthcare platforms and high adoption of RFID technology in the country.
The U.S. is witnessing an increase in adoption of RFID technology in healthcare, to improve patient safety and care, which indicates the high growth potential in the current market. For instance, in January 2017, New York-Presbyterian Brooklyn Methodist Hospital (NYPBMH) deployed RFID technology into its medication tray assembly process, for saving time and improving patient care & outcome.
Similarly, in 2015, The University of Vermont Medical Center in Burlington, Vt., announced that about 5 million medications were tracked using RFID technology. In the U.S., healthcare providers are widely using RFID chips to track surgical instruments and sponges, in order to ensure that no equipment is left inside the patient’s body after a surgery.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. rfid in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into U.S. rfid in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. rfid in healthcare market size, by product, 2018-2030 (US$M)
U.S. RFID In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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