RFID IN HEALTHCARE MARKET ANALYSIS

Market News

Global RFID in Healthcare Market- Key Developments

On February 08, 2023, HID Global Corporation, a global company in trusted identity solutions announced it has acquired Guard RFID Solutions Inc., a provider of real-time location services (RTLS) hardware and software solutions in the healthcare space. The addition of GuardRFID expands HID’s offering and relevance in the active RFID and RTLS space, including the support for new use cases catered to the needs of healthcare facilities.

In September 2021, Fresenius Kabi AG, a global healthcare company that specializes in lifesaving medicines and technologies for infusion, transfusion, and clinical nutrition, and Health Care Logistics, Inc. (HCL), a company that specializes in the manufacturing, packaging, and distribution of medical instruments announced a collaboration designed to make drug replenishment in hospitals more efficient and improve patient safety throughout the medication-use process. The new collaboration allows customers to utilize Fresenius Kabi’s +RFID smart-labeled medications with HCL’s Stat Stock inventory control solution.

In September 2020, International Medical Industries, Inc., a medical device company, announced that it has joined DoseID, the first member-driven industry consortium for the use of radio-frequency identification (RFID) technology in the healthcare space. DoseID consists of industry innovators who are committed to increasing the interoperability, quality, and performance of RFID-tagged products as they move through the pharmaceutical supply chain from manufacturer to patient.

In October 2021, AmerisourceBergen Corporation, a global healthcare company announced the addition of universal RAIN radio-frequency identification (RFID) tags on medication, which enables health systems to manage and monitor inventory with consistent ease and accuracy. In addition to universal tagging, AmerisourceBergen Corporation is now rolling out a mobile application to complement its medication tray solution, allowing users to scan products from anywhere within the health system without the need for additional equipment.