Global Radiofrequency Identification Smart Cabinets Market Analysis by Geography, Growth Trends, and Forecast to 2020, New Research by iHealthcareAnalyst, Inc.

Radiofrequency Identification Smart Cabinets Market by Geography – North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World 2016-2020.

Maryland Heights, MO, February 25, 2017 --(PR.com)-- The global radiofrequency identification smart cabinets market is estimated to reach USD 775 Million in 2020, growing at a CAGR of 11.8% from 2016 to 2020.

Browse Radiofrequency Identification Smart Cabinets Market by Geography – North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World 2016-2020 report at https://www.ihealthcareanalyst.com/report/radiofrequency-identification-smart-cabinets-market/.

Radiofrequency Identification (RFID) smart cabinet are used for the real-time tracking of critical supplies used in health care and medical departments. The RFID storage units are specifically designed to enable hospitals to improve cost containment, patient safety and regulatory compliance. RFID-enabled solutions to manage supply chains are also useful after products enter inventory at a hospital. RFID smart cabinets create real-time visibility of the tagged items within them, which enables hospitals to track their inventories of expensive drugs, medical devices and other assets. Although, RFID-enabled smart cabinets are much more expensive than other cabinets hospitals are willing to pay for these products to ensure patient safety, to improve billing efficiency and inventory management, and to minimize the time-consuming, error-prone manual labor involved in documenting inventory. The integration and deployment of RFID intelligent systems is helping healthcare providers to offer better patient care and automating regulatory compliance by optimizing work flow, offering more efficient services, automation of temperature control and records and ensuring that the correct medical supplies needed for surgeries are ready and waiting in the operating rooms and Patient Care areas.

The global radiofrequency identification smart cabinets market is segmented by geography into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World.

The global radiofrequency identification smart cabinets market report provides market size (Revenue USD Million 2013 to 2020), market share and forecasts growth trends (CAGR%, 2016 to 2020). The global radiofrequency identification smart cabinets market report also provides the detailed market landscape (market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments.

Major players operating in the global radiofrequency identification smart cabinets market and profiled in this report include LogiTag, Mobile Aspects, Inc., Solstice Medical LLC, Stanley Innerspace, Tagsys RFID Group, Terso Solutions, Inc., and WaveMark Inc.

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