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RFID in Pharmaceutical Manufacturing: Cost Saving Strategies for Pharmaceutical Companies and Opportunities for Technology Companies

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SKU: KLI1614092 Categories: Manufacturing & Packaging, Pharmaceuticals Market Research Pages: 100
  • Description
  • Table of Contents
  • Latest reports

Description

Pharmaceutical manufacturers are utilizing new RIFD technologies to deal with multiple challenges they face in the manufacturing process. This Kalorama Information report discussions the solutions available, and covers the opportunities available to technology companies to provide services to this sector.

Full coverage of the market for RFID technologies in pharmaceutical manufacturing operations is provided, including.

 

  • Explanation of RFID Technologies
  • Cost Savings from Implementation
  • Total Market for RFID Technologies in Pharma Manufacturing
  • Market Forecasts
  • Major Companies Involved in RFID and its use in Pharma

 

 

In order to efficiently cope with the changing structure of the industry, pharmaceutical companies and distributors are working to find suitable technologies to maintain patient safety and to streamline business. There are a number of solutions to help in this effort but radiofrequency identification (RFID) is positioned to be a top solution in manufacturing and distribution, clinical trials, and sample distribution.

Due to the nature of the manufacturing and distribution of pharmaceutical products, the scope of the study includes these two interconnected segments. This report describes RFID potential and opportunities in the US, outlines key market trends and dynamics, and analyzes the value chain and customer preferences.

As part of Kalorama Information’s trusted information-gathering process, research is conducted but the report is the result of primary research — interviews with experts provide the basis for the findings of this market study.

The following corporations are profiled in this report.

  • Alien Technology
  • Blue Vector
  • Hewlett-Packard
  • International Business Machines (IBM) Corporation
  • Intermec, Inc.
  • Motorola, Inc.
  • SupplyScape
  • Tagsys, Inc.
  • Toshiba TEC
  • Zebra Technologies Corporation
    License Note: Kalorama Information’s listed default price on its information products reflects a single user license only. Purchasing a departmental license (up to 10 users at one location) or a global site license (entire company) permits multiple individuals in the company to benefit from this resource.

Table of Contents

CHAPTER ONE: EXECUTIVE SUMMARY Introduction

Scope and Methodology

Size and Growth of the Market

Customer Segments

Cost of RFID Deployment

Industry Initiatives to Promote the Adoption of RFID in Healthcare and Pharmaceuticals

CHAPTER TWO: INTRODUCTION Basics of RFID Technology

Configurations of RFID Systems

Parameters for Distinguishing RFID Systems

Classification of RFID Systems

Classification of RFID Systems on the Basis of Performance

Classification of RFID Systems on the Basis of their Range

Classification of RFID Systems on the Basis of Auto ID Centre

Security Aspects and Possible Attacks on RFID Systems RFID Infrastructure

Key Benefits of RFID in Healthcare

Applications of RFID in the Pharmaceutical Industry

Need for RFID in Pharmaceutical Industry

RFID Benefits for the Pharmaceutical Industry

RFID Application Areas

Drivers

Challenges

Application of Identification Technologies

Anti-Counterfeiting Applications for RFID in the Pharmaceutical Supply Chain

Pfizer’s SupplyScape E-Pedigree System

Pharmaceutical Company Case Study

Background

Solution – Executing the Pilot

System and Technology

Future

Pharmaceutical Distributor Case Study

Worldwide Implementation of RFID with Pharmaceuticals Jena Hospital

EU Project

St. Clair Hospital

GlaxoSmithKline

Refrigerated Drug Cabinets

Partners Develop E-Pedigree Solutions for Pharmaceutical Companies

Cardinal Health and California’s Drug Pedigree Law

Faster and More Accurate Shipping Methods

CHAPTER THREE: ISSUES AND TRENDS Counterfeit Drugs

Global Counterfeiting

World Counterfeiting Issues

World Health Organization (WHO) and Counterfeit Medicines

Regional Comparisons and Online Counterfeits

Internet sales

Improvements to Shipment Accuracy

Regulatory Compliance

Electronic Pedigree and the NABP

Return on Investment (ROI)

Estimated ROI for Pharmaceutical Industry

Improved Inventory Control

Prescription Sample Control and RFID

Health and Safety Concerns

Effects on Blood Products

Clinical Trials

Uniform Standards

Developers Answer to Uniform Standards

Smaller, Faster Chips

Privacy Concerns

Signal Transmissions

Existing Technologies

CHAPTER FOUR: MARKET ANALYSIS

Overview

US Pharmaceutical RFID Market Size and Forecast

Industry Voices

Cost of RFID Deployment

Implementing RFID

Industry Initiatives to Promote the Adoption of RFID in Healthcare and Pharmaceuticals

CHAPTER FIVE: IMPLEMENTING AN RFID SYSTEM

RFID Infrastructure Deployment

Implementing RFID in the Pharmaceutical Supply Chain

Scaling from Pilot to Implementation Stage

Cost of RFID Infrastructure Deployment

CHAPTER SIX: CORPORATE PROFILES

Introduction

Alien Technology

Blue Vector

Hewlett-Packard

International Business Machines (IBM) Corporation

Intermec, Inc.

Motorola, Inc.

SupplyScape

Tagsys, Inc.

Toshiba TEC

Zebra Technologies Corporation

APPENDIX A: REGULATORY AUTHORITIES AND ORGANIZATIONS

APPENDIX B: LIST OF COMPANIES

TABLE OF EXHIBITS

CHAPTER ONE: EXECUTIVE SUMMARY

Table 1-1: Market for RFID Applications in the US Pharmaceutical Industry

Figure 1-1: Market for RFID Applications in the US Pharmaceutical Industry

Table 1-2: Major RFID Benefits for Users

CHAPTER TWO: INTRODUCTION

Figure 2-1: Parameters for Distinguishing RFID Systems

Table 2-1: Classification of Radio Frequency in Terms of Performance Parameters

Table 2-2: Applications of RFID with Different Ranges

Table 2-3: Comparison of Active and Passive RFID in Terms of Different Performance Parameters

Figure 2-2: Parameters for Classification of RFID Systems

Table 2-4: Auto ID Centre Classification of RFID Systems

Table 2-5: Types of Attacks on RFID Systems and their Countermeasures

Figure 2-3: Classification of RFID Tags

Figure 2-4: Value Chain of the RFID Industry

Table 2-6: Select Identification Technologies Compared on Different Parameters

Table 2-7: Key Differences between Bar Codes and RFID

Table 2-8: Vertical-wise Application and Benefits of RFID

Figure 2-6: Classification of Identification Technologies Applications

Figure 2-7: Example of a Comprehensive Track-and-Trace Process

CHAPTER THREE: ISSUES AND TRENDS Table 3-1: Counterfeiting Rates by Region

Table 3-2: NABP Recommendations Regarding Information to Include in an E-Pedigree System

Table 3-3: Estimated Return on Investment (millions) for the Implementation of RFID – Typical Large Pharmaceutical Manufacturer

Figure 3-1: Estimated Return on Investment (millions) for the Implementation of RFID – Typical Large Pharmaceutical Manufacturer

Table 3-4: Estimated Return on Investment (millions) for the Implementation of RFID – Typical Large Pharmaceutical Distributor

Figure 3-2: Estimated Return on Investment (millions) for the Implementation of RFID – Typical Large Pharmaceutical Distributor ($millions)

CHAPTER FOUR: MARKET ANALYSIS

Table 4-1: World RFID Market

Figure 4-1: Worldwide Market for RFID

Table 4-2: Market for RFID Applications in the US Pharmaceutical Industry

Figure 4-2: Market for RFID Applications in the US Pharmaceutical Industry

Figure 4-3: Composite Figure – Global Market for RFID with Segmented US RFID Market in Healthcare and the US Pharmaceutical RFID Market

Figure 4-4: Cost of Implementation of RFID (2004 and 2008)

CHAPTER FIVE: IMPLEMENTING AN RFID SYSTEM

Table 5-1: Planning and Implementing RFID Systems

Figure 5-1: RFID Implementation – Time Taken for Various Stages

Table 5-2: Phase-wise Proposed Deployment of RFID in the Pharmaceutical Supply Chain

 

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