LAMEA Healthcare Automatic Identification and Data Capture Market By Component (Hardware, Software and Services), By Technology (Biometric, RFID, Barcode and others), By Application (Non-Clinical and Clinical), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Healthcare Automatic Identification and Data Capture Market would witness market growth of 23.2% CAGR during the forecast period (2021-2027).
Healthcare Biometric Identification Management System is planned in such a way that it provides fast and accurate patient identification at any point. With the adoption of healthcare automatic identification and data capture, a patient with proper proof of identity is enrolled with two scans that ensure precise identification. Biometrics solutions include voice and face to authenticate a person’s identity and it also enables access to secure locations. In the current pandemic situation, biometrics technology in the medical field will be helpful in reducing virus spread in hospitals and clinics.
Healthcare Automatic Identification and Data Capture have been adopted by many hospitals and medical centers that are working under SEHA management. This will provide such a high-end solution to Abu Dhabi Health Authority and ensure secure digitalizing patient identification through a safe process. in addition to it, authorities can record and have clear reports of the patients visited in the medical centers and hospitals. Thus, the use of barcodes in hospitals and healthcare centers will further attract lucrative demand over the forecast period.
The government of various countries has announced favorable legislation for the utilization of AIDC technology in healthcare to overcome the increasing data entry & medication error challenges. This led to increasing operating expenditure that augmented the adoption of automatic identification and data capture technologies in the healthcare industry. These rules & regulations will be helpful for the organizations to provide better visibility of information as well as improve operations efficiency. This reduces operating expenditure by having an accurate data capture thus improve customer satisfaction.
The Hardware market dominated the Saudi Arabia Healthcare Automatic Identification And Data Capture Market by Component in 2020, thereby, achieving a market value of $291.6 million by 2027. The Software market is estimated to grow at a CAGR of 23.2% during (2021-2027). Additionally, The Services market is expected to witness highest CAGR of 24.6% during (2021-2027).
Based on Component, the market is segmented into Hardware, Software and Services. Based on Technology, the market is segmented into Biometric, RFID, Barcode and others. Based on Application, the market is segmented into Non-Clinical and Clinical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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, and Bluebird, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- 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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