April 28, 2006
Usage of RFID in hospitals on the rise
The latest study from Independent research group IDTechEx informs us that the global market for RFID tags in healthcare/hospitals will rise from $90m at present to $2.1bn over the next ten years.
Would it too fanciful to imagine that RFID may help reduce exorbitant healthcare costs? After all, hospital management everywhere are using RFID tagging to prevent errors, cut operating costs and increase security by automating procedures, ensuring correct patient medication and speeding up hospital administration. Lessening errors also help save lives. Hospitals use RFID to locate staff and patients using RFID-based Real Time Locating Systems. They will also tag drugs.
Via VNUNet
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