Research And Markets - Falling Tag Prices: One Factor That Has Brought RFID Into The Spotlight

Research and Markets (researchandmarkets.com/reports/c10484) has announced the addition of RFID in healthcare to their offering.

(PRWEB) December 12, 2004 -- Falling tag prices, EPCglobals 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.

Research and Markets (http://www.researchandmarkets.com/reports/c10484) has announced the addition of RFID in healthcare to their offering.

The scope of this report is as follows:

- 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 We have view on the technologys future and what important issues vendors need to consider with regard to RFID

The highlights of this report are as follows:

- The CIMITs ORF initiative, heavy-weight IT vendor presence through IBMs and Microsofts 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 RFIDs 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 this report:

- 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

The contents of this report are as follows:

ABOUT US
MARKET CONTEXT
Outline of the brief
The state of play
High price, fragmented value chain, proprietary standards
Market about to solidify and standards development underway -- although patent issues are clouding the horizon
Accenture study demonstrating RFID advantages in pharma
FDA mandate to boost tagging solutions, but only for bar coding
RFID as a supply-chain enabler for healthcare providers
RFID uses in healthcare
Healthcare RFID implementations and initiatives
The RFID value chain
Healthcare-specific RFID vendors
THE FUTURE DECODED
Intermecs bid for royalties may have many negative repercussions

The issue of privacy is overrated...

...but will gain more significance as patient and personnel tracking takes off Storing vast amounts of data on already stretched clinical data repositories creates needs for storage and data management
Bar codes have not yet played out their role in healthcare
It is key to focus on RFIDs unique capabilities in the provider arena as well as to solve the technologys current shortcomings

RECOMMENDATIONS
APPENDIX

Further readings
SPP writing team
How to contact experts in your industry

For more information visit http://www.researchandmarkets.com/reports/c10484

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.com
Fax: +353 1 4100 980

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