Global Rfid In Pharmaceuticals Market Size & Outlook
The rfid in pharmaceuticals industry worldwide is expected to reach a projected revenue of US$ 8,696.6 million by 2030. A compound annual growth rate of 7.8% is expected of the worldwide rfid in pharmaceuticals industry from 2024 to 2030.
Revenue, 2023 (US$M)
$5,136.0
Forecast, 2030 (US$M)
$8,696.6
CAGR, 2024 - 2030
7.8%
Report Coverage
Worldwide
Global rfid in pharmaceuticals market, 2018-2030 (US$M)
Related Markets
Global rfid in pharmaceuticals market highlights
- The global rfid in pharmaceuticals market generated a revenue of USD 5,136.0 million in 2023 and is expected to reach USD 8,696.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.8% by 2030.
- In terms of segment, rfid readers accounted for a revenue of USD 2,153.7 million in 2023.
- RFID Readers is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,136.0 million |
| Market revenue in 2030 | USD 8,696.6 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Rfid readers |
| Fastest growing segment | RFID Readers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RFID Tags, RFID Readers, RFID Middleware |
Other key industry trends
- In terms of revenue, the North America accounted for 48.3% of the global rfid in pharmaceuticals market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 11.1 million by 2030.
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RFID In Pharmaceuticals Market Scope
Rfid in pharmaceuticals market segmentation & scope
RFID In Pharmaceuticals Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global rfid in pharmaceuticals 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 pharmaceuticals market will help companies and investors design strategic landscapes.
rfid readers was the largest segment with a revenue share of 41.93% in 2023. Horizon Databook has segmented the Global rfid in pharmaceuticals market based on rfid tags, rfid readers, rfid middleware covering the revenue growth of each sub-segment from 2018 to 2030.
- Global RFID In Pharmaceuticals Component Outlook (Revenue, USD Million, 2018-2030)
- RFID Tags
- RFID Readers
- RFID Middleware
- Global RFID In Pharmaceuticals Type Outlook (Revenue, USD Million, 2018-2030)
- Chipped RFID
- Chipless RFID
- Global RFID In Pharmaceuticals Application Outlook (Revenue, USD Million, 2018-2030)
- Drug Track & Tracing Systems
- Drug Quality Management
- Others
- Global RFID In Pharmaceuticals End-Use Outlook (Revenue, USD Million, 2018-2030)
- Drug Manufacturers
- Hospitals & Clinics
- Others (Distributors, Retailers)
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Our clientele includes a mix of rfid in pharmaceuticals market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global rfid in pharmaceuticals market , including forecasts for subscribers. This global databook contains high-level insights into Global rfid in pharmaceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global rfid in pharmaceuticals market statistics, by region, 2018-2030 (US$M)
Top 10 countries by Rfid In Pharmaceuticals Market revenue, 2023 (USD Million)
Top 10 countries by Rfid In Pharmaceuticals Market revenue, 2023 (USD Million)
Global rfid in pharmaceuticals market, by region, 2023 (US$M)
Related regional statistics
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