Navigation Links
RFID Blood Monitoring Systems (Blood Refrigerators and Freezers) Market is Expected to Reach USD 174.2 Million Globally in 2019: Transparency Market Research
Date:7/30/2013

ALBANY, New York, July 30, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "RFID Blood Monitoring Systems (Blood Refrigerators and Freezers) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" the global RFID blood refrigerators and freezers market was valued at USD 40.9 million in 2012 and is expected to grow at a CAGR of 22.8% from 2013 to 2019, to reach an estimated value of USD 174.2 million in 2019.

Browse the full report at  http://www.transparencymarketresearch.com/blood-monitoring-systems.html

The global RFID blood refrigerators and freezers market is expected to undergo rapid growth of 22.8% from 2013 to 2019. This growth is majorly attributed to the rapid adoption of RFID technology in the healthcare industry and growing need for efficient management of blood and blood products to minimize transfusion errors. Growing trend of consolidation of healthcare facilities has resulted in growth of their size. This is followed by the increase in the volume of inventory of blood and blood products. Consistency in the occurrence of transfusion and storage errors despite the use of bar-coding and note-taking systems also influence the demand for RFID blood tracking solutions in blood banks and hospitals.

The major concern for hospitals and blood centers is patient safety, minimal wastage of blood products and minimization of blood transfusion errors. Consistent prevalence of blood transfusion errors and to minimize the time consuming paperwork for inventory management, hospitals and blood banks throughout the world have begun to explore RFID tracking system for its potential in efficient inventory and supply management. Furthermore, privatization of healthcare infrastructure has led to a growth in the number of large sized blood banks and hospitals in many developing countries which require efficient catering to the transfusion needs of patients. This phenomenon serves as a potential opportunity for the RFID blood refrigerators and freezers manufacturers to introduce their products in these regions.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/cardiovascular-monitoring-diagnostic-devices-market.html

http://www.transparencymarketresearch.com/coronary-stents-market.html

http://www.transparencymarketresearch.com/china-thermometer-market.html

http://www.transparencymarketresearch.com/magnetic-resonance-imaging-market.html

http://www.transparencymarketresearch.com/europe-weight-management-market.html

North America was the dominant geographical market for RFID blood refrigerators and freezers in 2012. RFID systems for Real Time Location Systems, asset tracking and inventory management are mature technologies in this region and many healthcare institutions have already adopted RFID to reduce errors and increase productivity. The US has the highest adoption rate of RFID in its healthcare system. The advanced healthcare system of this country and existence of large sized blood banks have been responsible for the high level of RFID tracking technology utilized in its healthcare infrastructure. Currently, North America encompasses more than 50% of the global RFID blood refrigerators and freezers market.

Moreover, the adoption of RFID blood refrigerators is high in blood banks than in hospital blood centers. This is due to the existence of more number of blood banks across all regions and the volume stored and supplied to and from blood banks is larger than that in hospital blood centers.

At present, the global market for RFID blood refrigerators and freezers has few players. Companies such as Biolog ID, Terso Solutions and Magellan technologies are the dominant players in this market. Recent FDA approval to the first RFID-enabled Blood tracking system will encourage more companies to enter this market thereby increasing the competition.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/laparoscopic-devices-market.html

http://www.transparencymarketresearch.com/home-healthcare-market.html

http://www.transparencymarketresearch.com/infertility-drugs-devices-market.html

http://www.transparencymarketresearch.com/mobile-health-market.html

   http://www.transparencymarketresearch.com/implantable-medical-devices-market.html

The global RFID blood refrigerators and freezers market is segmented as follows:

RFID Blood Refrigerators and Freezers Market, by Geography

  • North America
    • Hospital blood centers
    • Blood banks
  • Europe
    • Hospital blood centers
    • Blood banks
  • Asia-Pacific
    • Hospital blood centers
    • Blood banks
  • Rest of the World (RoW)
    • Hospital blood centers
    • Blood banks

Browse all Medical Devices Market Research Reports@ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html 

Upcoming Reports in Medical Devices Market

Breast Imaging Technologies Market

Brain Monitoring Devices Market  

Diagnostic Imaging Market

Home Medical Equipment Market

PACS and RIS Market

Spine Surgery Devices Market

Disposable Syringes Market

Medical Sensors Market

Radiofrequency Ablation Device

Stem Cells Market

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Visit:http://de.transparencymarketresearch.com/ 
Visit:http://www.europlat.org/ 
Visit:  http://marketresearch.canalblog.com/
Visit: http://www.transparencymarketresearch.com/


'/>"/>
SOURCE Transparency Market Research
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. FindTheBest Helps Parents Find Cord Blood Banks
2. Cord Blood America Announces DTCC Removes "Chill" Imposed in December 2010
3. China Cord Blood Corporation to Report Second Quarter and First Half of Fiscal 2012 Financial Results
4. GenWay Biotech Launches New Cardiovascular Diagnostic Blood Test at American Heart Association Scientific Sessions 2011
5. Study finds chronic abnormal brain blood flow in Gulf War veterans
6. China Cord Blood Corporation Announces Results of 2011 Annual General Meeting
7. Cord Blood America Announces Exclusive Agreement With National Childrens Leukemia Foundation to Store Stem Cells
8. Stem Cells: Worldwide Markets for Transplantation, Cord Blood Banking and Drug Development
9. NxStage Extends Agreement to Supply Streamline Bloodlines, MasterGuard and Buttonhole Needle Technology to B. Braun
10. Quest Diagnostics STRATIFY JCV™ First FDA Market Authorized Antibody-based Blood Test to Help Stratify PML Risk in Multiple Sclerosis Patients
11. Improved Cord Blood Processing Research on BioLife Solutions CryoStor® Published in TRANSFUSION
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/23/2017)... 2017  BioPharmX Corporation (NYSE MKT: BPMX), a ... market, today reported financial results for the quarter ... provide an update on the company,s clinical development ... "We are pleased to report that last year ... President Anja Krammer. "We achieved key clinical milestones ...
(Date:3/23/2017)... 2017 According to a report by Transparency ... fragmented due to the presence of a large pool of participants; ... Fisher , and Sigma-Aldrich, compete with each other in this market. ... more than 76% of this market in 2016.  ... As of now, a large number ...
(Date:3/22/2017)... , March 22, 2017 Regeneron Pharmaceuticals, Inc. ... Regeneron Genetics Center (RGC), U.K. Biobank and GSK to generate ... U.K. Biobank resource. The initiative will enable researchers to gain ... medicines for a wide range of serious and life threatening ... ...
(Date:3/22/2017)... CAMBRIDGE, Mass. , March 22, 2017 ... announced that it has eclipsed the 130 million covered ... Cross Blue Shield of Texas . ... stages, the Company continues to enjoy strong payor acceptance ... of its clinical programs and genetic counseling, its industry-leading ...
Breaking Biology Technology:
(Date:3/20/2017)... , March 20, 2017 At this year,s ... -based biometrics manufacturer DERMALOG. The Chancellor came to the DERMALOG stand ... is this year,s CeBIT partner country. At the largest German biometrics ... in use: fingerprint, face and iris recognition as well as DERMALOG´s multi-biometrics ... ...
(Date:3/9/2017)... FRANCISCO and MOUNTAIN VIEW, Calif. ... , "Eating Well Made Simple," and 23andMe , ... help guide better food choices.  Zipongo can now provide ... their food preferences, health goals and biometrics, but also ... certain food choices. Zipongo,s personalized food decision ...
(Date:3/2/2017)... , March 2, 2017 Summary ... better understand Merck KGaA and its partnering interests and ... https://www.reportbuyer.com/product/3605601/ Description The Partnering Deals and Alliance ... partnering activity of one of the world,s leading life ... prepared upon purchase to ensure inclusion of the most ...
Breaking Biology News(10 mins):