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The Worldwide Healthcare Automatic Identification and Data Capture Industry is Expected to Reach $52.8 Billion by 2027 - ResearchAndMarkets.com

July 5, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jul 5, 2021--

The “Global Healthcare Automatic Identification and Data Capture Market By Component, By Technology, By Application, By Regional Outlook, Industry Analysis Report and Forecast, 2021 - 2027” report has been added to ResearchAndMarkets.com’s offering.

The Global Healthcare Automatic Identification and Data Capture Market size is expected to reach $52.8 billion by 2027, rising at a market growth of 22.1% CAGR during the forecast period.

Companies Profiled

  • Datalogic S.p.A. (Hydra S.p.A.)
  • Sick AG
  • Honeywell International, Inc.
  • Cognex Corporation
  • Toshiba Corporation
  • NXP Semiconductors N.V.
  • Impinj, Inc.
  • Denso Corporation
  • Avery Dennison Corporation
  • Bluebird, Inc.

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Automatic identification and data capture (AIDC) is considered as a technique which is capable to identify objects, collects data about them, and feeds the data directly into computer systems. Any kind of human intervention is not required in this technique. Technologies such as QR codes, bar codes, biometrics such as iris and facial recognition system, magnetic stripes, radio frequency identification (RFID), smart cards, optical character recognition (OCR), and voice recognition fall under the domain of AIDC.

The adoption of healthcare Automatic identification & data capture (AIDC) technology will promote error-free data collection as well as improved patient safety. The increasing need to decrease medication errors and other related healthcare expenses is expected to boost the demand for AIDC in healthcare facilities which in turn drives the growth of this market. In addition to it, there is increasing attention towards patient safety, technological revolution, and supportive government regulations on the use of barcode & RFID technology. all these factors are expected to act as a driving factor for the growth of the global healthcare automatic identification & data capture (AIDC) market.

COVID-19 Impact:

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The outbreak of the COVID-19 pandemic has a positive impact on the sales of healthcare AIDCs across the globe. It has created both opportunities and challenges for the players present in the healthcare ecosystem. The healthcare AIDC is expected to increase in demand since healthcare is still active across the globe. An individual needs to have a clean face and fingerprint for recognition in order to access the database of any system. The access to the database may fail if the individual does not have any one of the clear identification criteria. These additional security features of biometrics offer opportunities for the growth of the healthcare automatic identification and data capture market. The number of patients to be admitted to hospitals and deaths due to COVID-19 has increased. This has forced countries to increase healthcare expenditure and infrastructure. It is expected to drive the growth of the market for healthcare AIDC products and services.

Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

Chapter 3. Global Healthcare Automatic Identification And Data Capture Market by Component

3.1 Global Hardware Market by Region

3.2 Global Software Market by Region

3.3 Global Services Market by Region

Chapter 4. Global Healthcare Automatic Identification And Data Capture Market by Technology

4.1 Global Biometric Market by Region

4.2 Global RFID Market by Region

4.3 Global Barcode Market by Region

4.4 Global Others Market by Region

Chapter 5. Global Healthcare Automatic Identification And Data Capture Market by Application

5.1 Global Non-Clinical Market by Region

5.2 Global Clinical Market by Region

Chapter 6. Global Healthcare Automatic Identification And Data Capture Market by Region

Chapter 7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/ainqpx

View source version on businesswire.com:https://www.businesswire.com/news/home/20210705005189/en/

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INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 07/05/2021 10:01 AM/DISC: 07/05/2021 10:02 AM

http://www.businesswire.com/news/home/20210705005189/en