NewswireToday - /newswire/ -
London, United Kingdom, 2007/07/28 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report on the growth of healthcare RFID (Radio Frequency Identifications) technologies, now estimated $297 million in the U.S.
“RFID Opportunities in Healthcare in the U.S.” forecasts an explosive growth over the next five years, reaching more than $3 billion in five years. The report shows that the U.S. healthcare industry are realizing the benefits of RFID, including the better data capacity, better efficiency in terms of offering read-write ability and greater flexibility of design.
RFID technologies in general will see growth as awareness of its benefits increases and as common standards and regulations for the adoption of RFID arise.
The report concludes that the need for enhanced efficiency and cost-effectiveness is the main factor fueling the adoption of RFID by the healthcare industry.
Mobile asset tracking, better inventory management, real-time monitoring of patients, and medication tracking and dispensing systems are all advantages RFID provides.
“RFID Opportunities in Healthcare in the U.S.” defines the market for RFID opportunities in the U.S. and includes the overall costs associated with hardware, software, and implementation. It outlines key market trends and dynamics and analyzes the value chain and customer preferences.
“RFID Opportunities in Healthcare in the U.S.” is available from Report Buyer. For more information, please visit the website.
Report Buyer product ID: KAL00023
About Report Buyer
Report Buyer is a UK-based independent online store supplying business information on major industry sectors. These include the Automotive Industry, Banking & Finance, Energy & Utilities, Food & Drink, Telecoms and Pharma & Healthcare. The website now carries over 28,000 business information products, including market reports, studies and books. Report Buyer is the intelligent way to buy market research making it an essential resource for executives and information buyers worldwide. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. A regularly updated blog provides information on the latest market trends.