RFID enabled smart cabinets provide an advanced solution for handling consignment stock and high value medical devices. RFID enabled smart cabinets are able to minimize audit work and counting done by sales by various sales associates. In hospitals, RFID applications found in different end use which contents record maintenance, and equipment tracking to prevent losses related to mishandling of medical supplies
Increase in need to manage inventory cost of high value supplies is considered as key driving factor which is expected to boost the global RFID enabled smart cabinets market growth. These systems are relies on real time data to automate clinician workflows and streamline communication processes for supply chain management. It reduces the time, cost, and manual efforts spent to store, track, maintain, and manage high value materials in surgical settings of hospitals like interventional radiology, orthopedics, oncology, cardiovascular, and catheterization labs. Furthermore, RFID enabled smart cabinets provides various benefits including improved inventory management, improved patient safety, return on investment, and automatic recording of movements which expected to drive the market growth.
However, high cost is the major restraining factor which is expected to hinder the global RFID enabled smart cabinets market growth. An installation and maintenance cost of RFID enabled smart cabinets is around USD 20,000 – USD 50,000. Hospitals and clinics in developing countries cannot be expected to incur such costs. Also, lack of awareness about the benefits of RFID enabled smart cabinets will obstruct the market growth during this analysis period.
Global RFID Enabled Smart Cabinets Market is segmented into deployment type such as On-Premise, and Cloud. Further, market is segmented into end use such as Hospitals, Clinic, Bio-Pharmaceutical Companies, and Others.
Also, Global RFID Enabled Smart Cabinets Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Terson Solutions, Solstice Medical, LogiTag, WaveMark , SATO Vicinity , Skytron, Mobile Aspects Inc, Invengo Technology, and Nexess
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Deployment Type
5.2 Global RFID Enabled Smart Cabinets Market Share Analysis, By Deployment Type
5.3 Global RFID Enabled Smart Cabinets Market Size and Forecast, By Deployment Type
5.3.1 On-Premise
5.3.2 Cloud
6.1 Y-o-Y Growth Comparison, By End Use
6.2 Global RFID Enabled Smart Cabinets Market Share Analysis, By End Use
6.3 Global RFID Enabled Smart Cabinets Market Size and Forecast, By End Use
6.3.1 Hospitals
6.3.2 Clinics
6.3.3 Bio-Pharmaceutical Companies
6.3.4 Others
7.1 Global RFID Enabled Smart Cabinets Market Share Analysis, By Region
7.2 Global RFID Enabled Smart Cabinets Market Share Analysis, By Region
7.3 Global RFID Enabled Smart Cabinets Market Size and Forecast, By Region
8.1 Introduction
8.2 North America RFID Enabled Smart Cabinets Market Share Analysis, By Deployment Type
8.3 North America RFID Enabled Smart Cabinets Market Size and Forecast, By End Use
8.4 North America RFID Enabled Smart Cabinets Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9.1 Introduction
9.2 Europe RFID Enabled Smart Cabinets Market Share Analysis, By Deployment Type
9.3 Europe RFID Enabled Smart Cabinets Market Size and Forecast, By End Use
9.4 Europe RFID Enabled Smart Cabinets Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10.1 Introduction
10.2 Asia Pacific RFID Enabled Smart Cabinets Market Share Analysis, By Deployment Type
10.3 Asia Pacific RFID Enabled Smart Cabinets Market Size and Forecast, By End Use
10.4 Asia Pacific RFID Enabled Smart Cabinets Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11.1 Introduction
11.2 Latin America RFID Enabled Smart Cabinets Market Share Analysis, By Deployment Type
11.3 Latin America RFID Enabled Smart Cabinets Market Size and Forecast, By End Use
11.4 Latin America RFID Enabled Smart Cabinets Market Size and Forecast, By Country
12.1 Introduction
12.2 Middle East RFID Enabled Smart Cabinets Market Share Analysis, By Deployment Type
12.3 Middle East RFID Enabled Smart Cabinets Market Size and Forecast, By End Use
12.4 Middle East RFID Enabled Smart Cabinets Market Size and Forecast, By Country
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Solstice Medical
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 LogiTag
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 WaveMark
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 SATO Vicinity
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Skytron
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Mobile Aspects Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Invengo Technology
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Nexess
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
