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Falling tag prices, EPCglobal's standards initiative, numerous healthcare-related deployments and FDA regulations on medication tracking have brought RFID into the spotlight. However, challenges regarding solution costs, IP rights and privacy issues make the future of RFID in healthcare far from sealed. Scope This brief outlines the market drivers as well as barriers to mass-market RFID adoption It gives examples of healthcare-specific RFID uses, current initiatives and implementations It uncovers the RFID value chain and its players It gives Datamonitor's view on the technology's future and what important issues vendors need to consider with regard to RFID Highlights The CIMIT's ORF initiative, heavy-weight IT vendor presence through IBM's and Microsoft's involvement in RFID, as well as a positive outcome for the medication tracking survey undertaken by Accenture, all bode well for the future of RFID in healthcare. Despite RFID's promise to reduce medical errors the cost of RFID tags must come down and the technology must become further customized for healthcare in order for RFID to become a widely-deployed solution among cash-strapped US hospitals. Reasons to Purchase Understand the particular application areas of RFID in the healthcare provider sector Get the latest update on industry initiatives, implementations and regulation Identify key players in the healthcare RFID value chain |
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