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RFID in healthcarePublished by: Datamonitor Published: Oct. 28, 2004 - 19 Pages Table of ContentsTABLE OF CONTENTS ABOUT DATAMONITOR 2 MARKET CONTEXT 5 Outline of the brief 5 The state of play 5 High price, fragmented value chain, proprietary standards 6 Market about to solidify and standards development underway - although patent issues are clouding the horizon 6 Accenture study demonstrating RFID advantages in pharma 7 FDA mandate to boost tagging solutions, but only for bar coding 7 RFID as a supply-chain enabler for healthcare providers 8 RFID uses in healthcare 8 Healthcare RFID implementations and initiatives 9 The RFID value chain 11 Healthcare-specific RFID vendors 12 THE FUTURE DECODED 12 Intermec’s bid for royalties may have many negative repercussions 13 The issue of privacy is overrated… 14 …but will gain more significance as patient and personnel tracking takes off 14 Storing vast amounts of data on already stretched clinical data repositories creates needs for storage and data management 14 Bar codes have not yet played out their role in healthcare 15 It is key to focus on RFID’s unique capabilities in the provider arena as well as to solve the technology’s current shortcomings 15 RECOMMENDATIONS 16 APPENDIX 18 Further readings 18 SPP writing team 18 How to contact experts in your industry 19 AbstractIntroductionFalling 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 Get Full Details About This Report >> |
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