Press Release

Top 5 Innovative Companies in RFID in Healthcare Industry
October 2021

Top 5 Innovative Companies in RFID in Healthcare Industry

Leading companies in healthcare technology industry are surprised by the promising growth demonstrated by RFID in healthcare industry over the last five years. The industry is expected to further show an accelerated CAGR of 21% over period 2021-2025. According to the analysts at iCognition Insights, this stronger growth is driven by factors including focus on restructuring the healthcare value chain and overcoming supply chain management challenges by efficient implementation of latest technology. In this article, we try to analyze the leading companies in RFID in healthcare industry and their recent business approaches to gain maximum market share and stay ahead of the competition.

1. Zebra Technologies Corporation

Founded in 1969 as Data Specialties by Ed Kaplan and Gary Cless , the company is headquartered in Lincolnshire, Illinois, USA. Zebra Technologies Corporation launched its first handheld laser barcode scanner in 1979, first barcode printer in 1982, and first mobile RFID printing solutions in 2008. In June 2021, Swiss Medical Group (SMG) a leading healthcare provider in Argentina selected Zebra’s RFID solution for improving its inventory management and laundry operations across eight hospitals, twelve medical centers and different specialized institutions.

2. Biolog-id

Founded in 2005, Biolog-id operates in more than 14 countries across North America, Europe, Middle East, India and Asia Pacific region. The company is known for its innovation Biolog-connect® solution that uses Radio Frequency Identification (RFID) technology to trace and manage sensitive healthcare products. Recently, the company got into partnership with Fujicom in Brazil to supply Biolog Transfusion Solution in the local market, seizing the new market opportunity in LATAM region.

3. Halma plc

Halma plc is an innovative technology company headquartered in Amersham Bucks, UK and is listed on London Stock Exchange as a public limited company. The group of companies operates in three major segments safety, environmental and analysis, and medical with operations across 20+ countries in North America, Mainland Europe, and Asia. The group operates in the healthcare technology segment under company name CenTrak, an innovative real-time location technology and solutions company for healthcare that has recently won the “IoT Health & Wellness Company of the Year” award in the 5th annual IoT Breakthrough Awards.

4. Shenzhen Invengo Information

With nearly 200 patented RFID technologies and 100+ categories of RFID products with proprietary intellectual property rights, Invengo is the largest publicly traded RFID oriented company. Headquartered in Shenzhen, Guangdong, China with international headquarter in Singapore, the company specializes in providing solutions across ticketing, supply chain management, identity management and asset management.

5. LogiTag Systems

LogiTag is a modern RFID and mobile technology company that has a portfolio of solutions and services to efficiently track, scan, manage and improve medical supplies and inventory control. Identi is a subsidiary of LogiTag that specializes in providing data-driven solutions to the hospitals, enabling them plan and manage the inventory efficiently. The company was recently in news for its engagement with Johnson & Johnson to provide IDENTI’s Smart Cabinet system and integrated AI management software to manage the supply of medical implants, kits for laparoscopic/bariatric surgery and other procedures.

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