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Follow on Google News | RFID-Enabled Smart Cabinets Market To Reach US$ 1,659.8 Million By 2027 - Coherent Market InsightsRFID Enabled Smart Cabinets Market Report Analyses competitive environment such as key players, future trends, growths, challenges and acquisitions in the market.
The global RFID-Enabled Smart Cabinets Market is estimated to account for US$ 1,659.8 Mn in terms of value by the end of 2027. Global RFID-enabled Smart Cabinets Market: Drivers Regulatory advisory to implement standard asset management system across hospitals is expected to propel growth of the global RFID-enabled smart cabinets market over the forecast period. For instance, GS1 is a not-for-profit organization that helps to prevent medication errors, enable effective recalls and supports clinical processes in order to increase patient safety and drive supply chain efficiency. The European Article Numbering Association and Uniform Code Council's Electronic Product Code (EPC) enables GS1 standards to be used for RFID. Global RFID-enabled Smart Cabinets Market: Opportunities Manufacturing cabinets that conform to globally accepted quality standards is expected to offer lucrative growth opportunities for players in the global RFID-enabled smart cabinets market. If the vendors / suppliers manufacture GS1 compliant RFID-enabled smart cabinets, they can gain competitive advantage over peers. Browse Research Report: https://www.coherentmarketinsights.com/ Global RFID-enabled Smart Cabinets Market: Restraints Potential danger to functioning of other medical devices cabinets is expected to hinder growth of the global RFID-enabled smart cabinets market. There is a potential danger to the functioning of implants and some other devices, which may not be protected against electromagnetic interference and other interferences caused by RFID equipment. RFID systems may cause disruption in the operation of defibrillators and other medical equipment. * The sample copy includes: Report Summary, Table of Contents, Segmentation, Competitive Landscape, Report Structure, Methodology. Request a sample copy of this report: https://www.coherentmarketinsights.com/ Market Trends Major players in the market are focused on launching new products to expand their product portfolio. For instance, in March 2020, LogiTag launched Snap & Go, an image recognition solution for items' documentation in the operating room. Major players in the market are also focused on expanding their manufacturing capability to enhance their market share. Global RFID-enabled Smart Cabinets Market: Competitive Landscape Major players operating in the global RFID-enabled smart cabinets market include. LogiTag, Mobile Aspects, Inc., Solstice Medical LLC, Stanley Innerspace, Invengo Technology Pte. Ltd., Terso Solutions, Inc., and WaveMark Inc. (Cardinal Health). Global RFID-enabled Smart Cabinets Market: Key Developments February 2018: Cardinal Health closed its divestiture of its Cardinal Health China business to Shanghai Pharmaceuticals Holding Co., Ltd. Buy-Now this research report: https://www.coherentmarketinsights.com/ End
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