The healthcare radiofrequency identification market is expected to grow at a compound annual growth rate of 12.9 percent between 2016 and 2020, according to an iHealthcareAnalyst report.
Here are three things to know:
1. The market will hit about $2.2 billion by 2020.
2. Data security and medical error mitigation will spur the growth of the healthcare radio frequency identification market.
3. Key market players include Alien Technology, Applied Wireless Identifications Group, CAEN RFID, GAO RFID, Impinj, Intermec, Invengo Information Technology, Motorola Solutions, Sato Holdings and STiD.
