Global Healthcare Barcode Technology Market : Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2026

Healthcare Barcode Technology Market is expected to reach US$ 15.79Bn. by 2029, at a CAGR of 6.88% throughout the forecast period. The report covers the detailed analysis of the global healthcare barcode technology industry with the classifications of the market on the basis of type, application,and region. Analysis of past market dynamics from 2017 to 2021 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players contribution in itGlobal Healthcare Barcode Technology MarketTo Know About The Research Methodology :- Request Free Sample Report The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in North America region. Major country’s policies about manufacturing and its impact on market demand are covered in the report.

Healthcare Barcode Technology Market Dynamics

Emphasize to prevent medical errors to drive the market

The Healthcare sector's emphasis to prevent medical errors is the major driving factor of the healthcare barcode technology market across the globe. Medical error can occur in any healthcare sector such as hospitals, clinics, surgery centers, medical offices, and pharmacies. Medical errors include surgical, diagnostic, medication, devices and equipment, systems failures, and infections. In recent times medical error has become the leading cause of death. Around 100, 000 people are losing their life due to medical errors in hospitals and clinics. This type of error mostly occurs due to poor communication, inadequate information flow, drug names that sound alike and medications that look alike, and medical abbreviations. To prevent all these errors many healthcare institutions are shifting towards barcode technology, which provides facilities to reduce medication errors by identifying and distinguishing drugs. Barcode technology is also used in patients’ wristbands, bio-samples, test tubes, order sheets, and many other objects to improve the process and patient safety. As result, the global healthcare barcode technology market is expected to witness the highest growth during the forecast period

Healthcare Barcode Technology Market Segment Analysis

Non-clinical application segment is expected to hold the largest market share of 6.88% by 2029. Non-clinical barcode application is highly adopted to increase efficiency and accuracy in healthcare organizations for patient registration, supply chain management, inventory control, receiving orders, and tracking assets. Almost every back-end function can benefit from bar code implementation with proper planning and the right equipment. Moreover, it is also used to prevent medication errors, which occur during order transcription or administration of medication. Barcodes also used in clinical applications such as patients’ wristbands, bio-samples, test tubes, order sheets, and many other objects to improve the process and patient safety. As result, it is expected to create many lucrative opportunities for the healthcare barcode technology market.

Healthcare Barcode Technology Market Regional Insights

North America is expected to witness highest growth during forecast period In North America, the healthcare barcode technology market is expected to grow at the highest CAGR of 6.88% during the forecast period. The growth of the region is attributed to the presence of a large number of healthcare institutions in the US. For instance, McKesson is the biggest healthcare company in the US, which consists annual revenue of US$208.3 billion. The US spends more than the world’s average on healthcare sector areas such as medical technology, research, and innovation. As result, the demand for advanced technologies has been continuously increasing to ensure patient safety, which is expected to boost the market in North America. Asia Pacific market is expected to grow at a rapid pace during the forecast period due to increasing demand for better healthcare services and the adoption of advanced technologies. Rising investment in the healthcare sector and government initiatives such as e-health together with tax benefits and incentives are driving the healthcare market in India. Further, the Indian government is planning to increase public health spending to 2.5% of GDP by 2025. As result, these factors are attributed to creating significant opportunities for the healthcare barcode technology market in the region. The objective of the report is to present a comprehensive analysis of the global healthcare barcode technology market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SWOT, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global healthcare barcode technology market dynamics, structure by analyzing the market segments and project global healthcare barcode technology market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global healthcare barcode technology market make the report investor’s guide.

Healthcare Barcode Technology Market scope: Inquire before buying

 
Global Healthcare Barcode Technology Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 9.27 Bn.
Forecast Period 2022 to 2029 CAGR: 6.88% Market Size in 2029: US $ 15.79 Bn.
Segments Covered: by Type • •Barcode Scanners • Charge-coupled devices • Wand scanners • Image scanners • Laser scanners •• Barcode Printers • Thermal printers • Laser printers • Ink-jet printers • Dot-matrix printers •• Barcode Verifiers
by Application • • Clinical • Drug identification • Blood infusion safety • Specimen collection • Others • • Non-clinical • Replenishment ordering • Supply chain management • Asset tracking solutions • Inventory control solutions • Others

Healthcare Barcode Technology Market, by Region:

• North America • Europe • Asia-Pacific • South America • Middle East & Africa

Healthcare Barcode Technology Market Key Players are:

Zebra Technologies • Honeywell • Microscan System • JADAK • Rakinda Technology • Wasp Barcode Technologies • Axicon Auto ID • KOAMTAC • HHP • Code Corporation • Scandit • Datalogic • Opticon Inc. • Bluebird Inc. • Godex International • Toshiba Tech Corporation • SATO Worldwide • OMRON • Keyence Corporation • Orlaco Products • Novanta Inc. • Cognex Corporation

Frequently Asked questions

1. What is the market size of the Global Healthcare Barcode Technology Market in 2021? Ans. The market size Global Healthcare Barcode Technology Market in 2021 was US$ 9.27 Billion. 2. What are the different segments of the Global Healthcare Barcode Technology Market? Ans. The Global Healthcare Barcode Technology Market  is divided into  Application and Type. 3. What is the study period of this market? Ans. The Global Healthcare Barcode Technology Market will be studied from 2021 to 2029. 4. Which region is expected to hold the highest Global Healthcare Barcode Technology Market share? Ans. The Asia Pacific dominates the market share in the  market. 5. What  is the Forecast Period of Global Healthcare Barcode Technology Market? Ans. The Forecast Period of the market is 2022-2029 in the market.

Global Healthcare Barcode Technology Market

1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Healthcare Barcode Technology Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Healthcare Barcode Technology Market 3.4. Geographical Snapshot of the Healthcare Barcode Technology Market, By Manufacturer share 4. Global Healthcare Barcode Technology Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Healthcare Barcode Technology Market 5. Supply Side and Demand Side Indicators 6. Global Healthcare Barcode Technology Market Analysis and Forecast, 2021-2029 6.1. Global Healthcare Barcode Technology Market Size & Y-o-Y Growth Analysis. 7. Global Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 7.1.1. Barcode Scanners 7.1.1.1. Charge-coupled devices 7.1.1.2. Wand scanners 7.1.1.3. Image scanners 7.1.1.4. Laser scanners 7.1.2. Barcode Printers 7.1.2.1. Thermal printers 7.1.2.2. Laser printers 7.1.2.3. Ink-jet printers 7.1.2.4. Dot-matrix printers 7.1.3. Barcode Verifiers 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.2.1. Clinical 7.2.1.1. Drug identification 7.2.1.2. Blood infusion safety 7.2.1.3. Specimen collection 7.2.1.4. Others 7.2.2. Non-clinical 7.2.2.1. Replenishment ordering 7.2.2.2. Supply chain management 7.2.2.3. Asset tracking solutions 7.2.2.4. Inventory control solutions 7.2.2.5. Others 8. Global Healthcare Barcode Technology Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 9.1.1. Barcode Scanners 9.1.1.1. Charge-coupled devices 9.1.1.2. Wand scanners 9.1.1.3. Image scanners 9.1.1.4. Laser scanners 9.1.2. Barcode Printers 9.1.2.1. Thermal printers 9.1.2.2. Laser printers 9.1.2.3. Ink-jet printers 9.1.2.4. Dot-matrix printers 9.1.3. Barcode Verifiers 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.2.1. Clinical 9.2.1.1. Drug identification 9.2.1.2. Blood infusion safety 9.2.1.3. Specimen collection 9.2.1.4. Others 9.2.2. Non-clinical 9.2.2.1. Replenishment ordering 9.2.2.2. Supply chain management 9.2.2.3. Asset tracking solutions 9.2.2.4. Inventory control solutions 9.2.2.5. Others 10. North America Healthcare Barcode Technology Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12. Canada Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13. Mexico Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14. Europe Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 15. Europe Healthcare Barcode Technology Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17. France Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18. Germany Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19. Italy Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20. Spain Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21. Sweden Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22. CIS Countries Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23. Rest of Europe Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24. Asia Pacific Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 25. Asia Pacific Healthcare Barcode Technology Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27. India Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28. Japan Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29. South Korea Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30. Australia Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31. ASEAN Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32. Rest of Asia Pacific Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33. Middle East Africa Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 34. Middle East Africa Healthcare Barcode Technology Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36. GCC Countries Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37. Egypt Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38. Nigeria Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39. Rest of ME&A Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 40. South America Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 41. South America Healthcare Barcode Technology Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43. Argentina Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44. Rest of South America Healthcare Barcode Technology Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Healthcare Barcode Technology Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Zebra Technologies 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Honeywell 45.3.3. Microscan System 45.3.4. JADAK 45.3.5. Rakinda Technology 45.3.6. Wasp Barcode Technologies 45.3.7. Axicon Auto ID 45.3.8. KOAMTAC 45.3.9. HHP 45.3.10. Code Corporation 45.3.11. Scandit 45.3.12. Datalogic 45.3.13. Opticon Inc. 45.3.14. Bluebird Inc. 45.3.15. Godex International 45.3.16. Toshiba Tech Corporation 45.3.17. SATO Worldwide 45.3.18. OMRON 45.3.19. Keyence Corporation 45.3.20. Orlaco Products 45.3.21. Novanta Inc. 45.3.22. Cognex Corporation 46. Primary Key Insights
  • INQUIRE BEFORE BUYING