Global RFID in Pharmaceuticals Market Growth (Status and Outlook) 2023-2029

Global RFID in Pharmaceuticals Market Growth (Status and Outlook) 2023-2029

Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. The tags contain electronically stored information. Passive tags collect energy from a nearby RFID reader's interrogating radio waves. Active tags have a local power source (such as a battery) and may operate hundreds of meters from the RFID reader. Unlike a barcode, the tag need not be within the line of sight of the reader, so it may be embedded in the tracked object. RFID is one method of automatic identification and data capture (AIDC).

LPI (LP Information)' newest research report, the “RFID in Pharmaceuticals Industry Forecast” looks at past sales and reviews total world RFID in Pharmaceuticals sales in 2022, providing a comprehensive analysis by region and market sector of projected RFID in Pharmaceuticals sales for 2023 through 2029. With RFID in Pharmaceuticals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world RFID in Pharmaceuticals industry.

This Insight Report provides a comprehensive analysis of the global RFID in Pharmaceuticals landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on RFID in Pharmaceuticals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global RFID in Pharmaceuticals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for RFID in Pharmaceuticals and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global RFID in Pharmaceuticals.

The global RFID in Pharmaceuticals market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for RFID in Pharmaceuticals is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for RFID in Pharmaceuticals is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for RFID in Pharmaceuticals is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key RFID in Pharmaceuticals players cover Honeywell, Zebra Technologies, Impinj, Invengo Technology, IBM, Smartrac, Aucxis, Turck Korea and Datalogic, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of RFID in Pharmaceuticals market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
RFID Readers
RFID Tags
RFID Middleware

Segmentation by application
Hospitals & Clinics
Drug Manufacturer
Drug Wholesalers
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Honeywell
Zebra Technologies
Impinj
Invengo Technology
IBM
Smartrac
Aucxis
Turck Korea
Datalogic
Unitech
HID Global
CCL Label
Xerox Corporation
Fieg Electronics
JADAK
Texas Instrument
TSL
CSL
GAO RFID
Alien Technology
Cipher Lab
Sense Technology
Chafon Group

Please note: The report will take approximately 2 business days to prepare and deliver.