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Near Field Communication In Healthcare Market

Near Field Communication in Healthcare Market Forecasts to 2028 – Global Analysis By Product Type (NFC Software, Non-Auxiliary Products, and Auxiliary Products), Operating Mode, Device, Application and By Geography

4.9 (66 reviews)
Published: July 2021 ID: SMRC20684
4.9 (66 reviews)
Published: July 2021 ID: SMRC20684

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Near Field Communication in Healthcare Market is accounted for $292.76 million in 2020 and is expected to reach $689.40 million by 2028 growing at a CAGR of 11.3% during the forecast period. Technological developments in NFC and the increasing adoption of smart appliances in healthcare are the major factors propelling the market growth. However, the lack of presence for auxiliary equipment at its nascent stage is hampering the market growth.

Near Field Communication (NFC) is a wireless communication standard, which enables devices nearby that are below 10 centimeters, to communicate through radio waves in the 13.56 MHz frequency range. The data transfer rate may vary from 106 Kbit/s to 424 Kbit/s. NFC is also known as short-range wireless connectivity and induces a magnetic field that enables the communication between the devices.

Based on the product type, the auxiliary products segment is estimated to have a huge demand due to the ability of SIM cards for cashless payments with improved user experience. Moreover, the rising demand for connectivity between devices for sharing information and data through online and in-store payments in pharmacy has also led to the growth of NFC technology in the segment.

By geography, North America is going to have a lucrative growth due to the US population has taken considerable measures toward medical data security. Medication errors are increasing in the U.S. and can lead to increased harm to patient's health, healthcare utilization, and costs.

Some of the key players profiled in the Near Field Communication in Healthcare Market include A&D Company, Limited, Gentag, Inc., Impact Health, Inside Secure, MocoLabs Inc.(Qolpac B.V.), Nedap N.V., NXP Semiconductors N.V., Omron Healthcare, Inc., Qualcomm Technologies, Inc., Sony, Texas Instruments, Apple Inc, Toshiba Corporation, and Infineon Technologies AG.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 292.76 million

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

11.3%

Predicted 2028 Value:

USD 689.40million

Forecast Years:

2021-2028

Tables, Graphs& Figures

238

Chapters Covered:

Product Type, Operating Mode, Device, Application and Region

Core Drivers and Opportunities:

  • Innovative Patient Monitoring
  • The growing advancement in healthcare

Restraining Factors & Market Threats:

  • The lack of presence for auxiliary equipment at its nascent stage

 
Product Types Covered:
• NFC Software
• Non-Auxiliary Products
• Auxiliary Products

Operating Modes Covered:
• Reader/Writer Mode
• Peer-To-Peer Mode
• Card Emulation Mode

Devices Covered:
• Smartphone & Tablets
• Personal Computer & Laptops
• Other Devices

Applications Covered:
• Hospitals and Diagnostics 
• Pharmaceuticals and Biotechnology  
• Medical Devices 
• Medical Implants 
• Social Networking 
• Identify and Access Tokens 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Near Field Communication in Healthcare Market is majorly driven by technological developments in NFC and the growing adoption of smart appliances in healthcare.

The NFC software segment is growing at the highest CAGR due to the rising demand for connectivity between devices for sharing information and in-store payments in pharmacies.

North America dominated with a significant market share owing to the US population has taken considerable measures toward medical data security.

Asia Pacific market is growing at the highest CAGR owing to the increasing penetration of smartphones and tablets.

Key players in Near Field Communication in Healthcare Market include A&D Company, Limited, Gentag, Inc., Impact Health, Inside Secure, MocoLabs Inc.(Qolpac B.V.), Nedap N.V., NXP Semiconductors N.V., Omron Healthcare, Inc., Qualcomm Technologies, Inc., Sony, Texas Instruments, Apple Inc, Toshiba Corporation, and Infineon Technologies AG.

1 Executive Summary           
            
2 Preface     
      
 2.1 Abstract          
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology          
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions         
            
3 Market Trend Analysis           
 3.1 Introduction          
 3.2 Drivers          
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats          
 3.6 Product Analysis          
 3.7 Application Analysis          
 3.8 Emerging Markets          
 3.9 Impact of Covid-19          
            
4 Porters Five Force Analysis           
 4.1 Bargaining power of suppliers                                                
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry          
            
5 Global Near Field Communication in Healthcare Market, By Product Type           
 5.1 Introduction           
 5.2 NFC Software          
 5.3 Non-Auxiliary Products          
  5.3.1 NFC Tags         
  5.3.2 NFC Readers         
  5.3.3 NFC Chips         
  5.3.4 NFC Integrated Circuit (ICs) & Antennas          
 5.4 Auxiliary Products          
  5.4.1 NFC Subscriber Identity Module (SIM)/Universal Integrated Circuit Card (UICC) Cards         
  5.4.2 NFC Micro Secure Digital (SD) Cards         
  5.4.3 NFC Cover & Cards         
            
6 Global Near Field Communication in Healthcare Market, By Operating Mode           
 6.1 Introduction          
 6.2 Reader/Writer Mode          
 6.3 Peer-To-Peer Mode          
 6.4 Card Emulation Mode          
            
7 Global Near Field Communication in Healthcare Market, By Devices           
 7.1 Introduction          
 7.2 Smartphone & Tablets          
 7.3 Personal Computer & Laptops          
 7.4 Other Devices          
  7.4.1 Stereo Headphone         
  7.4.2 Infotainment         
            
8 Global Near Field Communication in Healthcare Market, By Application           
 8.1 Introduction          
 8.2 Hospitals and Diagnostics          
  8.2.1 Patient Location         
  8.2.2 Asset Management (Staff and Equipments)         
  8.2.3 Emergency Connectivity         
 8.3 Pharmaceuticals and Biotechnology          
  8.3.1 Product Authentication         
  8.3.2 Pharmacy         
  8.3.3 Patient Compliance         
 8.4 Medical Devices          
  8.4.1 Therapeutic Devices         
  8.4.2 Patient Monitoring          
   8.4.2.1 Basal Thermometers        
   8.4.2.2 Blood Pressure Monitors        
   8.4.2.3 Disease Management Devices        
   8.4.2.4 Glucose Monitors        
  8.4.3 Activity Monitoring Devices         
   8.4.3.1 Weighing Scale and Body Composition        
   8.4.3.2 Pedometers        
  8.4.4 Medical Imaging         
 8.5 Medical Implants          
 8.6 Social Networking          
 8.7 Identify and Access Tokens          
            
9 Global Near Field Communication in Healthcare Market, By Geography           
 9.1 Introduction          
 9.2 North America          
  9.2.1 US         
  9.2.2 Canada         
  9.2.3 Mexico         
 9.3 Europe          
  9.3.1 Germany         
  9.3.2 UK         
  9.3.3 Italy         
  9.3.4 France         
  9.3.5 Spain         
  9.3.6 Rest of Europe         
 9.4 Asia Pacific          
  9.4.1 Japan         
  9.4.2 China         
  9.4.3 India         
  9.4.4 Australia         
  9.4.5 New Zealand         
  9.4.6 South Korea         
  9.4.7 Rest of Asia Pacific         
 9.5 South America          
  9.5.1 Argentina         
  9.5.2 Brazil         
  9.5.3 Chile         
  9.5.4 Rest of South America         
 9.6 Middle East & Africa          
  9.6.1 Saudi Arabia          
  9.6.2 UAE         
  9.6.3 Qatar         
  9.6.4 South Africa         
  9.6.5 Rest of Middle East & Africa         
            
10 Key Developments           
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures          
 10.2 Acquisitions & Mergers          
 10.3 New Product Launch          
 10.4 Expansions          
 10.5 Other Key Strategies          
            
11 Company Profiling           
 11.1 A&D Company, Limited          
 11.2 Gentag, Inc.           
 11.3 Impact Health          
 11.4 Inside Secure          
 11.5 MocoLabs Inc.(Qolpac B.V.)          
 11.6 Nedap N.V.          
 11.7 NXP Semiconductors N.V.          
 11.8 Omron Healthcare, Inc.          
 11.9 Qualcomm Technologies, Inc.           
 11.10 Sony          
 11.11 Texas Instruments          
 11.12 Apple Inc          
 11.13 Toshiba Corporation          
 11.14 Infineon Technologies AG          


List of Tables            
1 Global Near Field Communication in Healthcare Market Outlook, By Region (2019-2028) ($MN)           
2 Global Near Field Communication in Healthcare Market Outlook, By Product Type (2019-2028) ($MN)           
3 Global Near Field Communication in Healthcare Market Outlook, By NFC Software (2019-2028) ($MN)           
4 Global Near Field Communication in Healthcare Market Outlook, By Non-Auxiliary Products (2019-2028) ($MN)           
5 Global Near Field Communication in Healthcare Market Outlook, By NFC Tags (2019-2028) ($MN)           
6 Global Near Field Communication in Healthcare Market Outlook, By NFC Readers (2019-2028) ($MN)           
7 Global Near Field Communication in Healthcare Market Outlook, By NFC Chips (2019-2028) ($MN)           
8 Global Near Field Communication in Healthcare Market Outlook, By NFC Integrated Circuit (ICs) & Antennas  (2019-2028) ($MN)           
9 Global Near Field Communication in Healthcare Market Outlook, By Auxiliary Products (2019-2028) ($MN)           
10 Global Near Field Communication in Healthcare Market Outlook, By NFC Subscriber Identity Module (SIM)/Universal Integrated Circuit Card (UICC) Cards (2019-2028) ($MN)           
11 Global Near Field Communication in Healthcare Market Outlook, By NFC Micro Secure Digital (SD) Cards (2019-2028) ($MN)           
12 Global Near Field Communication in Healthcare Market Outlook, By NFC Cover & Cards (2019-2028) ($MN)           
13 Global Near Field Communication in Healthcare Market Outlook, By Operating Mode (2019-2028) ($MN)           
14 Global Near Field Communication in Healthcare Market Outlook, By Reader/Writer Mode (2019-2028) ($MN)           
15 Global Near Field Communication in Healthcare Market Outlook, By Peer-To-Peer Mode (2019-2028) ($MN)           
16 Global Near Field Communication in Healthcare Market Outlook, By Card Emulation Mode (2019-2028) ($MN)           
17 Global Near Field Communication in Healthcare Market Outlook, By Devices (2019-2028) ($MN)           
18 Global Near Field Communication in Healthcare Market Outlook, By Smartphone & Tablets (2019-2028) ($MN)           
19 Global Near Field Communication in Healthcare Market Outlook, By Personal Computer & Laptops (2019-2028) ($MN)           
20 Global Near Field Communication in Healthcare Market Outlook, By Other Devices (2019-2028) ($MN)           
21 Global Near Field Communication in Healthcare Market Outlook, By Stereo Headphone (2019-2028) ($MN)           
22 Global Near Field Communication in Healthcare Market Outlook, By Infotainment (2019-2028) ($MN)            
23 Global Near Field Communication in Healthcare Market Outlook, By Application (2019-2028) ($MN)           
24 Global Near Field Communication in Healthcare Market Outlook, By Hospitals and Diagnostics (2019-2028) ($MN)           
25 Global Near Field Communication in Healthcare Market Outlook, By Patient Location (2019-2028) ($MN)           
26 Global Near Field Communication in Healthcare Market Outlook, By Asset Management (Staff and Equipments) (2019-2028) ($MN)           
27 Global Near Field Communication in Healthcare Market Outlook, By Emergency Connectivity (2019-2028) ($MN)           
28 Global Near Field Communication in Healthcare Market Outlook, By Pharmaceuticals and Biotechnology (2019-2028) ($MN)           
29 Global Near Field Communication in Healthcare Market Outlook, By Product Authentication (2019-2028) ($MN)           
30 Global Near Field Communication in Healthcare Market Outlook, By Pharmacy (2019-2028) ($MN)           
31 Global Near Field Communication in Healthcare Market Outlook, By Patient Compliance (2019-2028) ($MN)           
32 Global Near Field Communication in Healthcare Market Outlook, By Medical Devices (2019-2028) ($MN)           
33 Global Near Field Communication in Healthcare Market Outlook, By Therapeutic Devices (2019-2028) ($MN)           
34 Global Near Field Communication in Healthcare Market Outlook, By Patient Monitoring (2019-2028) ($MN)           
35 Global Near Field Communication in Healthcare Market Outlook, By Activity Monitoring Devices (2019-2028) ($MN)           
36 Global Near Field Communication in Healthcare Market Outlook, By Medical Imaging (2019-2028) ($MN)           
37 Global Near Field Communication in Healthcare Market Outlook, By Medical Implants (2019-2028) ($MN)            
38 Global Near Field Communication in Healthcare Market Outlook, By Social Networking (2019-2028) ($MN)           
39 Global Near Field Communication in Healthcare Market Outlook, By Identify and Access Tokens (2019-2028) ($MN)           
            
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.            

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