Europe Rfid In Pharmaceuticals Market Size & Outlook

The rfid in pharmaceuticals market in Europe is expected to reach a projected revenue of US$ 1,953.3 million by 2030. A compound annual growth rate of 7.9% is expected of Europe rfid in pharmaceuticals market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,146.6
Forecast, 2030 (US$M)
$1,953.3
CAGR, 2024 - 2030
7.9%
Report Coverage
Europe

Europe rfid in pharmaceuticals market, 2018-2030 (US$M)

Europe

Europe rfid in pharmaceuticals market highlights

  • The Europe rfid in pharmaceuticals market generated a revenue of USD 1,146.6 million in 2023.
  • The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
  • In terms of segment, rfid readers was the largest revenue generating component in 2023.
  • RFID Readers is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 1,146.6 million
Market revenue in 2030USD 1,953.3 million
Growth rate7.9% (CAGR from 2023 to 2030)
Largest segmentRfid readers
Fastest growing segmentRFID Readers
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRFID Tags, RFID Readers, RFID Middleware
Key market players worldwideZebra Technologies Corp Class A, Fresenius SE & Co KGaA, Avery Dennison Corp, Impinj Inc, Bluesight, Terso Solutions, Gao Rfid, Alien Technology, CCL Healthcare, Tageos


Other key industry trends

  • In terms of revenue, Europe region accounted for 22.3% of the global rfid in pharmaceuticals market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,070.7 million by 2030.

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RFID In Pharmaceuticals Market Companies

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Europe rfid in pharmaceuticals market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to rfid in pharmaceuticals market will help companies and investors design strategic landscapes.


Rfid readers was the largest segment with a revenue share of 41.93% in 2023. Horizon Databook has segmented the Europe rfid in pharmaceuticals market based on rfid tags, rfid readers, rfid middleware covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe rfid in pharmaceuticals market , including forecasts for subscribers. This continent databook contains high-level insights into Europe rfid in pharmaceuticals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe rfid in pharmaceuticals market size, by country, 2018-2030 (US$M)

Europe RFID In Pharmaceuticals Market Outlook Share, 2023 & 2030 (US$M)

Europe rfid in pharmaceuticals market size, by country, 2018-2030 (US$M)

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