South Korea RFID Blood Monitoring System Market Size, Demand, Outlook

The South Korea RFID blood monitoring system market means the use of radio-frequency identification technologies including RFID tags, readers, software, and integrated services, which are used to track, monitor, and manage blood products through the entire transfusion cycle. RFID systems that use RFID tags, barcode technology or other identifiers work to ensure accurate identification of blood products at every stage, provide real-time visibility of inventory including temperatures throughout the collection, storage, distribution and bedside administration phases, and to produce real-time report or protocol data when implementing a blood transfusion. The overall momentum in RFID blood tracking and monitoring market is well underway in South Korea particularly with the aims of transfusion safety, minimizing human errors, and compliance to regulatory frameworks around blood product traceability. Hospitals and Blood banks are looking more to their RFID blood tracking solutions due to the efficiencies they deliver, the reduction of waste and the guarantee of greater patient outcomes following a transfusion. Furthermore, due to advancements in RFID sensors and the integration of RFID systems into hospital information systems, pilot projects are underway in some Korean healthcare systems as the uptake slowly ramps up with steady market growth.