Patient safety is a top priority for healthcare providers all over the world. As a result, they’re deploying cutting-edge technology to provide safer and better patient care. As a result, patient identification systems are being used across hospitals and specialist clinics to assure accuracy in patient identification and to provide appropriate treatment that is tailored to the patients’ needs.
Future Industry Insights (FMI) examines the potential for the patient identification wristbands market to grow in recent research. Between 2020 and 2030, the industry is expected to grow at about 7.9% CAGR, according to the analysis. Aside from rising infection rates, the market for patient identification bracelets will be driven by a focus on streamlining hospital management while saving time and money.
The increased adoption of radio frequency identification tags (RFID) technology in the healthcare industry, according to the report, presents attractive opportunities for the market. Hospitals and other healthcare facilities are using automated identification technology to save time and money by delivering real-time patient identification, traceability, temperature, communication, and location data.
Key Companies Profiled:
- McKesson Medical-Surgical Inc.
- Thermo Fisher Scientific Inc.
- Brady Worldwide, Inc.(PDC)
- Zebra Technologies Corporation
- Typenex Medical, LLC.
- IdentiSys Inc.
- Comfort Band, LLC
- Medical Limited
- Endur ID Inc.