US - RFID Application in Healthcare and Retail to Take Off This Year

Released on: March 31, 2008, 3:11 am

Press Release Author: Shushmul Maheshwari

Industry: Media

Press Release Summary:
Use of RFID is fast catching up in various verticals all over the world. The US,
however, is leading with its healthcare and retail sectors expected to see extensive
RFID implementation this year.

Press Release Body:
According to a latest report \"Global RFID Market Analysis till 2010" by the leading
research firm RNCOS, Radio Frequency Identification (RFID) industry is on a steady
rise from few years all across the world and is expected to grow in future as well.
The report studies the present scenario of RFID industry deeply and methodically to
discuss the factors which are propelling the market. It evaluates various segments
of the industry to recognize the applications and segments where RFID demand will
surge in near future.

The report talks about the implementation of RFID in developed markets, and reveals
that the US has adopted to the technology to a large extent. The comprehensive
research finds out the reasons for the growth in adoption of RFID in the US and
talks about the measures taken by the states and the government to promote the use
of RFID technology in the country.

The RCNOS research also discusses vertical sectors in the US, including
manufacturing, pharmaceuticals, retail, etc. where RFID technology use is
continuously thriving. It also focuses on the factors which are encouraging various
industry players to use RFID technology. The report further give information on the
US states where the use of RFID in retail and healthcare has been made mandatory by
the state governments to track asset better. It further evaluates cost factor to see
how it creates a demand for readers and RFID tags for both the industries in near

The report also analyzes other factors that can drive RFID market in future and
forecasts that by and large, the entire RFID applications designed for the US
healthcare industry and retail supply chain will touch the US$ 1.7 Billion mark in
2008. It further identifies other emerging fields where the usage of RFID technology
is gaining momentum.

\"Global RFID Market Analysis till 2010" presents first-hand information on growth
and trends in the global RFID industry rationally and helps clients to explore the
opportunities that are vital for the success of the RFID industry. It also
highlights the core issues that are linked to the success of RFID industry and
offers practical analysis on various aspects of the industry.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit:
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Web Site:

Contact Details: RNCOS E-Services Pvt. Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
Fax no: 91-11-4214-1228

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