The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
rfid technology in healthcare market projected to reach over 20 billion by 2031
The RFID in Healthcare market is projected to grow from $6.29 billion in 2023 to $20.28 billion by 2031, driven by the need for efficient inventory management and enhanced patient safety. Key challenges include implementation costs and interoperability issues. North America is expected to lead this growth due to stringent safety regulations and advanced healthcare infrastructure.
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