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This research report also lists nine other prominent vendors which are expected to impact the market in the course of the forecast period. The rising need for efficient monitoring of the blood merchandise to reduce medical errors, and thereby scale back medical wastage is driving the market progress. RFID programs and tags provide effective monitoring of blood merchandise and improve supply chain efficiencies. Also, the increasing adoption of RFID methods, particularly within the Americas and Europe, is predicted to drive the market progress. As well as, the endorsements from blood banks and healthcare organizations are additional expected to increase the adoption of RFID blood monitoring methods worldwide. For example, in March 2016, Australia’s National Blood Bank endorsed using Space Code’s RFID system at the Liverpool Hospital in Sydney. The global RFID blood monitoring systems market is characterized by the presence of worldwide and regional vendors. With the rising demand for efficient monitoring of blood products, these distributors are pursuing natural development strategies, thereby fueling the market development.
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