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DUBLIN, December 23, 2021– (BUSINESS WIRE) – The report “RFID Blood Monitoring System Market Research Report By Device, End Use & Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” has been added to ResearchAndMarkets.com offer.

The global RFID Blood Monitoring Systems market size was estimated to be $ 459.63 million in 2020, is expected to reach $ 513.56 million in 2021, and is expected to grow at a CAGR of 12.07% to reach $ 910.71 million by 2026.

Competitive strategic window

The Competitive Strategy Window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for suppliers to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to continue the expansion and growth of the business during a forecast period.

FPNV positioning matrix

FPNV Positioning Matrix assesses and ranks vendors in the RFID Blood Monitoring System market based on business strategy (company growth, industry coverage, financial viability, and channel support) and satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that helps businesses make better decisions and understand the competitive landscape.

Market share analysis

The market share analysis offers the analysis of the suppliers considering their contribution to the overall market. It provides the idea of ​​its revenue generation in the overall market compared to other space providers. It provides insight into the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of the suppliers for the base year. It reveals the characteristics of the market in terms of traits of accumulation, fragmentation, dominance and fusion.

The report provides information on the following pointers:

1. Market penetration: provides comprehensive information on the market offered by major players

2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration into mature market segments.

3. Market diversification: provides detailed information on new product launches, untapped geographies, recent developments and investments

4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape and manufacturing capabilities of key players

5. Product Development and Innovation: Provides intelligent information on future technologies, R&D activities and breakthrough product developments

The report answers questions such as:1. What is the market size and forecast for the global RFID Blood Monitoring Systems market?

2. What are the inhibitory factors and impact of COVID-19 shaping the global RFID blood monitoring systems market during the forecast period?

3. What are the products / segments / applications / areas to invest in during the forecast period of the global RFID Blood Monitoring Systems Market?

4. What is the competitive strategic window for opportunities in the global RFID Blood Monitoring Systems Market?

5. What are the technological trends and regulatory frameworks in the global RFID Blood Monitoring Systems market?

6. What is the market share of the major vendors in the global RFID Blood Monitoring Systems Market?

7. What strategic fashions and moves are considered appropriate to enter the global RFID Blood Monitoring Systems market?

Market dynamics

Conductors

  • Growing need to overcome mistakes in blood transfusions

  • Increased Advantages of RFID Over Barcode Readers Driving Adoption

  • Strong guidelines for using RFID for blood monitoring

Constraints

Opportunities

  • Proliferation of research and development activities in the development of a cost-effective surveillance system

  • Accelerating adoption of RFID solutions for efficient blood monitoring

Challenges

Companies mentioned

  • Biological identifier

  • Cardinal Health

  • Digi-Trax

  • Honeywell Corporation

  • Interior space

  • Invengo Technology Pte. Ltd.

  • LogiTag medical solutions

  • LogTag Ltd loggers

  • Magellan Technologies

  • Medical software information systems

  • Aspects Mobiles Inc

  • S3Edge

  • Surroundings of SATO

  • Solstice Medical LLC

  • Stanley in the interior space

  • TAGSY RFID

  • Tagsys RFID Group

  • Terso solutions

  • Terson Solutions

  • Wavemark Inc

  • Zebra Technologies Corporation

For more information on this report, visit https://www.researchandmarkets.com/r/9ijahw

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211223005211/en/

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