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The global patient identification wristbands market size is anticipated to grow at a CAGR of 13.20% during the forecast period of 2025-2034, likely to be driven by the rising technological developments in the healthcare industry.
A patient identification wristband is a synthetic band which is used to identify patients in a hospital or healthcare facility and provide them the best treatment possible. A wrist band contains vital patient data which allows patients to be best identified and cared for. These wristbands are generally made of synthetic rubber or silicone, making them comfortable to wear. The wrist bands typically have an adhesive closure or even a clip closure. The materials that are used for patient wrist bands closure are resistant of the substances that are generally being used in hospitals, such as hot water, sanitizers, or cleansing liquids. They are made stronger to stay for longer period.
It has been examined that incineration of wristbands release CO2 into the atmosphere. Hence, the manufacturers are focusing more on making patient wrist bands that are eco-friendly in nature by using CO2 absorbents in patient wristbands adhesives. These patient wristbands are worn by every patient at the hospital, be that a kid or an adult. The categorization is usually based on the colour of the patients' wristbands. These wristbands are intact with latest technologically advanced components that stores the patients’ data and help make the treatment procedure much smoother.
Companies in the patient identification wristbands market are striving to strengthen their positions through new product launches and approvals from both established and emerging market players. The product launches and acquisition will fuel the manufacturer’s strategy to grow and stabilize their position in the market and capturing a significant market share.
The rise in product launches in the market is also driving the market growth. A new UHF RFID direct thermal wristbands for identification, verification, and tracking of patients in hospitals was launched by SATO, a global pioneer in the development of auto-ID and labeling solutions. SATO designed these wristbands for comfort and optimal readings within hospital facility location systems.
Controlling the risk of infection and contamination, avoiding disturbing patients who are resting, and having visibility of where patients are on the property, are the three key and typical criteria for hospitals and care facilities. The UHF inlay from SATO is made to provide the best readings while reducing pain from becoming bound up in clothing or other nearby objects. Additionally, due to RFID's contactless nature, the risk of contamination is reduced for the highest level of hygiene.
The rise in deals and mergers between the leading players is also propelling the patient identification wristbands market development. A vendor alliance was established between Covenant Health based in Massachusetts and Medline. It was a USD 75 million prime vendor alliance that happened in 2023. This alliance was formed in a three-hospital health system to find new ways to improve patient outcomes and restructure supply chain procedures. McKesson Corporation, a worldwide healthcare company, also launched McKesson’s fast returns solution for health systems in September 2021. By accelerating credit processing and automating the return process, technology helps hospitals and health systems collect more credit for returned prescription medications and over-the-counter items. This enables staff to give patients more of their attention contributing to the increasing demand of patient identification wristbands.
Market Breakup by Product Type
Market Breakup by Material
Market Breakup by Age Group
Market Breakup by Region
The increasing prevalence of chronic illnesses and infections has been fuelling the market for a long time and is expected to keep growing in coming years as well. Due to this, the hospital facilities are expected to experience a significant increase in the patient load. This increased patient load is expected to create a need for patient wristbands in the hospital facilities in order to tackle the patient load without the scope for human errors and providing the patients with best care. The healthcare facilities are expected to invest in patient wristbands for better patient care, tracking, and management, along with improved customer awareness, which is further expected to add to the overall patient identification wristbands market share.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
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Breakup by Product Type |
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Breakup by Material |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is anticipated to grow at a CAGR of 13.20% during the forecast period of 2025-2034.
RFID technology allows for data transmission without a direct line of sight, meaning the tags can be read even through human bodies, clothes, bed sheets, and non-metal objects. This provides healthcare professionals the advantage of scanning the wristbands remotely, minimizing the disruption to the patient.
The increasing prevalence of chronic diseases and geriatric population are among the key factors aiding the market growth.
Key players launching their patient identification wristbands that are embedded with latest advanced technologies to help provide the best patient care and convenience to healthcare facility is a major trend influencing the market.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
Types of patient wristbands in the market include alert wristband, RFID wristband, laser wristband, thermal wristband, write-on wristband.
Materials used to manufacture patient wristbands are vinyl, synthetic, trilaminate, tyvek, non-tear paper plastics.
Age groups in the patient include adult, pediatric, and infants.
Key players involved in the market are McKesson Medical-Surgical Inc., Zebra Technologies Corp., Bio - X., Comfort Band,LLC, Printina, Inc., Thermo Fisher Scientific Inc., Typenex Medical, LLC., Brady Worldwide, Inc., IdentiSys Inc., and Compass Health Brands.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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