RFID smart cabinets are cabinets are important components of smart hospital industry. RFID technology endows cabinets with the uttermost convenient for accurate identification and a large extend on efficiency. With computing systems and platform software, uses of RFID smart cabinet usually operate with a desktop to control the whole system of RFID smart cabinet, which could be possibly used in the clinic document management or pharmacy control system. Vendors on this area mostly claim they build on scientific calculation and software to construct their system or solution for a more efficient smart hospital environment. With the development of global smart health industry, and growing need for building smart and automatic pharmacy and clinic document system, the demand of RFID Smart Cabinet constantly increased in these years. As a result, the total production and sales of RFID Smart Cabinet continuously increased in recent years. Regional market for RFID smart cabinet presented North America dominated the global RFID smart cabinet demand, with the largest consumption market which accounts for 50.32% of global market share in 2015. Growing adoption rates of healthcare information technologies and the entry of private healthcare establishments into emerging markets such as India, China, Brazil and Argentina is also expected to drive market growth over the next six years. On an average, a hospital loses more than 15% of its assets in a year owing to fraud or misplacement of hospital supplies. In order to eliminate such losses and enhance time efficiency, hospitals are focusing on upgrading their infrastructure and incorporating RFID technology to keep track of their inventories. Therefore, the healthcare sector is the predominant end-user of RFID smart cabinets, accounting for 93.05% of the revenue share in 2015. Rising initiatives undertaken by healthcare institutions to curb costs via the adoption of an efficient inventory management solution is expected to be a key driver for RFID smart cabinet demand. The report also observes that government regulations aimed at efficient inventory management of medical supplies in healthcare institutions coupled with the current low market penetration rate of RFID technologies in these institutions is expected to fuel market demand over future 5-10 years. Continuous R&D and ongoing clinical trials have resulted in better product designs that incorporate advanced technological features. The development of the healthcare industry and its infrastructure have led to an increase in healthcare expenditure. Developed countries in the Americas and Europe spend the most on healthcare. Developing countries have to increase their spending dramatically to provide basic health insurance coverage, develop a primary healthcare service system, and improve the availability of medications in rural and suburban areas. This is expected to result in the reformation of public hospitals and healthcare facilities, thereby increasing the demand for laser equipment, propelling market growth. Conclusively, the RFID Smart Cabinet manufacture industry has an expected future, the markets are still growing over time. Our analysis indicates that Europe is the largest consumption market according to our report. RFID Smart Cabinet for machine tools is the most prevalent kind among all the others. Our prediction is that the RFID Smart Cabinet market will grow over time. The RFID Smart Cabinet market was valued at 540 Million US$ in 2018 and is projected to reach 1260 Million US$ by 2025, at a CAGR of 11.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for RFID Smart Cabinet. This report presents the worldwide RFID Smart Cabinet market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The following manufacturers are covered in this report: LogiTag Systems Mobile Aspects TAGSYS RFID Terson Solutions WaveMark Sato Vicinity Grifols Skytron Palex Medical Nexess RFID Smart Cabinet Breakdown Data by Type RFID Reader RFID Tag RFID Antana Others RFID Smart Cabinet Breakdown Data by Application Healthcare Other RFID Smart Cabinet Production by Region United States Europe China Japan Other Regions RFID Smart Cabinet Consumption by Region North America United States Canada Mexico Asia-Pacific China India Japan South Korea Australia Indonesia Malaysia Philippines Thailand Vietnam Europe Germany France UK Italy Russia Rest of Europe Central & South America Brazil Rest of South America Middle East & Africa GCC Countries Turkey Egypt South Africa Rest of Middle East & Africa The study objectives are: To analyze and research the global RFID Smart Cabinet status and future forecast?involving, production, revenue, consumption, historical and forecast. To present the key RFID Smart Cabinet manufacturers, production, revenue, market share, and recent development. To split the breakdown data by regions, type, manufacturers and applications. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. To identify significant trends, drivers, influence factors in global and regions. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. In this study, the years considered to estimate the market size of RFID Smart Cabinet : History Year: 2014 - 2018 Base Year: 2018 Estimated Year: 2019 Forecast Year: 2019 - 2025 This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of RFID Smart Cabinet market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources. For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents 1 Study Coverage 1.1 RFID Smart Cabinet Product 1.2 Key Market Segments in This Study 1.3 Key Manufacturers Covered 1.4 Market by Type 1.4.1 Global RFID Smart Cabinet Market Size Growth Rate by Type 1.4.2 RFID Reader 1.4.3 RFID Tag 1.4.4 RFID Antana 1.4.5 Others 1.5 Market by Application 1.5.1 Globa
