Healthcare Sector To Create Significant Growth Opportunities for RFID Manufacturers

RFID Market

As the need for consumer and retail goods arises, manufacturers are focusing on developing innovative tracking solutions for the convenience of vendors. Moreover, RFID readers help in reducing complications related to stocking and tracking maintenance. Increasing usage of RFID tags in the healthcare sector and supply chain management will further boost the sales of RFID products.

A recent report evaluates that the global RFID market is anticipated to expand at a robust 13.2% CAGR, accounting for a value of nearly US$ 47.5 Bn revenues by the end of 2027. Companies namely Xerox Corporation, Zebra Technologies Corporation, Molex Inc., Invengo Information Technology Co., Ltd, Omni-ID, Ltd, GAO RFID Inc., HID Global Corporation, Impinj, Inc., Thin Film Electronics ASA and Alien Technology among others will observe a significant growth globally. Leading companies are concentrating on marketing strategies such as product developments and expanding their product portfolio.

GAO RFID Includes Innovative Products to Its 2.45 GHz Active Readers Portfolio

GAO RFID launches innovative Active 2.45 GHz RFID Readers, which enables the end users to identify tagged items of up to 100meters away. The new products include Portable 2.45 GHz USB RFID Reader and Handheld 2.45 GHz RFID Reader, which provides barcode abilities, In addition, the 2.45GHz Gain Adjustable RFID Reader offers innovative features such as Wi-Fi that enables the end users to conveniently detect product details such as barcodes. These products can be used in a wide range of applications, which require tracking and monitoring inventories and assets. The 2.45GHz Gain Adjustable RFID Reader enables the end users to control the sensitivity of the reader device by managing antenna gain. The device is equipped with tag identification features that enable end users to identify and detect barcodes from 3m-100m away.

Handheld 2.45 GHz RFID Reader is a waterproof and sturdy dust version designed for on-site usage. These devices are incorporated with a 3.2-inch touchscreen and offer considerable power consumption capability. In addition, these devices are equipped with Wi-Fi, Bluetooth, USB 2.0 port, and optional GPS features. It is integrated with an effective Windows-based operating system, which accommodates data collection software of RFID. Attributed to these features, manufacturers are utilizing the Handheld 2.45 GHz RFID Readers for 2D and 1D barcode reading and RFID technologies.

The optional add-ons enable the manufacturers to integrate low frequency and high-frequency modules, which makes the Handheld 2.45 GHz RFID Reader a double frequency RFID reader. Demand for these devices continues to remain concentrated for applications in the warehouse, supply chain, and logistics management.

Portable 2.45 GHz USB RFID Reader can detect tags up to 20m away. This device just needs to be plugged in any USB-supported computer, which would allow RFID tags reading and transfers data directly to a cloud system in real-time.

Impinj Launches New Product to Its Speedway Portfolio

Impinj launches Speedway R120 Reader, which is one antenna port and company-grade fixed reader that links RAIN RFID-enabled products to the Internet. Speedway reader portfolio incorporates three models for supporting four, one or two antennas with extension till 32 antennas.

Speedway R120 reader offers product-level visibility and is useful for inventory management, interactive product displays, and smart fitting rooms. The device can read nearly 200 objects per second. Speedway R120 readers are useful for single read zones and can expand up to eight read zones. Also, this device is available in standard form with one antenna port, which can be expanded to eight antenna ports. This device is further supported by R120 Port Pack of Impinj, which includes an Impinj GPIO adapter and antenna hub.

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About Suyog Keluskar 51 Articles
Suyog Keluskar is an experienced Market Research, Customer Insights & Consulting professional, covering latest industry and market updates on Electronics, Semiconductor and ICT domain. With over ten years of experience in business/market research, Suyog delivers customer-centric assignments in market-entry, market expansion, partner identification, competition analysis, market sizing, industry insights and customer intelligence studies. When Suyog is not busy unraveling the consumer mind or unearthing market potential he can be found traveling the road less traveled with a fascinating book on contemporary history in his hand. An avid cricket fan, music lover and you will also find him discussing politics with his friends and peers more often.