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Published on : Nov 04, 2019

A report titled “Global Healthcare Automatic Identification and Data Capture (AIDC) Market Size, Status and Forecast 2019-2025” has been launched by ResearchMoz.us.  The report is expected to help its readers with key factors such as drivers, restrains and challenges present in the healthcare automatic identification and data capture market over the forecast period. Further it also elucidates key trends and geographical outlook of the healthcare automatic identification and data capture market. 

Global healthcare automatic identification & data capture market is projected to display strong growth pattern. This is mainly because of the growing concerns regarding medical errors and growing healthcare expenditure. Additionally, factors such as patient safety and favourable government regulation regarding the adoption of AIDC technology. 

Some of the key players operating in the global healthcare automatic identification and data capture AIDC market are, Bluebird Inc., Honeywell International Inc., Code Corporation, JADAK Tech, Microscan System, Inc., Opticon Sensors Europe B.V., and IMPINJ Inc.These players are relying on several strategies like product & application development, business expansion, mergers and accqusition to strengthen footprint and augment market share.

For instance, in 2018, Datalogic, a key player in the healthcare automatic identification & data capture market launched a new product Jade X7. The product has automated scanning portal integrated with RFID this will improve billing and accounting applications for retail stores. 

Increasing Application of Healthcare Automatic Identification and Data Capture System to Drive Growth 
The global healthcare automatic identification and data capture system are increasingly adopted in the healthcare value chain in the past few years. This is mainly because of the ability to track medical devices and pharmaceuticals. These devices are used in both clinical and non-clinical application. Some of the common non-clinical application of the system are supply chain management, receiving, picking & internal transfer, put-away & verification, replenishment ordering, and cycle counts.  Further with the integration of advanced technology with automatic identification and data capture devices is further expected to fuel the healthcare automatic identification and data capture market. 

Along with this, increasing demand from supply chain management and healthcare industries is a strong factor expected to support the growth in the automatic identification & data capture market.

Surge in e-commerce, increasing penetration of smartphones, use of QR code scanning and image recognition in healthcare industry are some of the other factor expected to propel the healthcare automatic identification and data capture market. 

Asia Pacific to Witness Highest Growth Rate During the Forecast Period
Regionally, the healthcare automatic identification and data capture market is mainly classified into North America, Asia Pacific, Europe, the Middle East and the Africa. Among these, North America is expected to hold major share in the global healthcare automatic identification & data capture (AIDC) market during the forecast period. This is mainly due to the presence of several players in the healthcare automatic identification and data capture market. 

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Asia-Pacific is projected to rise at highest pace during the forecast period and the region is projected to showcase several lucrative growth potentials for the automatic identification & data capture market during the analysis period. Factors such as rising investment in healthcare infrastructure, growing demand for better healthcare services, presence of large patient pool are expected to drive the growth of the healthcare automatic identification and data capture market in the region.