RFID Blood Monitoring Systems Market Size, Share, Growth, Trends, and Global Industry Analysis: By Products (Systems, Tags), By End Use (Blood Banks, Hospital Blood Centers, Hospitlals) By Region Forecast 2020-2031

RFID Blood Monitoring Systems Market size was valued at US$ 123.6 million in 2024 and is expected to reach US$ 214.5 million by 2031, growing at a significant CAGR of 8.2% from 2025-2031. Radiofrequency identification (RFID) arrangements in medicinal services enhance quiet care, decreasing blunders, and giving effective stock administration. RFID arrangements in medicinal services include labeling tolerant documents, wristbands, supplies, and gear with labels that can be immediately checked. A speedy output of a tag can recover vital (and sometimes life-sparing) data about a patient, their solutions and treatment, or help find supplies required for treatment. The utilization of RFID answers for blood checking will additionally propel human services and enhance tolerant well-being altogether.

Advanced technologies in non-invasive and minimally invasive techniques of RFID Blood Monitoring Systems will drive the market growth of hemodynamic monitoring systems. The rising prevalence of hypertension, obesity, diabetes care devices which lead to cardiac diseases is also driving the market growth. According to WHO reports, in 2012, globally about 17.5 Mn deaths were recorded because of cardiovascular diseases. The growing geriatric population along with the rise in investments allocating to the geriatric will drive the growth of the RFID Blood Monitoring Systems systems market. The availability of reimbursement policies in industrialized economies will boost growth. However, the growing incidence of adverse reactions associated with, strict FDA regulations is hindering market growth.