RFID spending to rocket in healthcare

"Spending on RFID track-and-trace technology is to skyrocket, according to analysts. Research from analyst house Frost and Sullivan has found that the revenue from RFID within healthcare and pharmaceuticals will rise almost sixfold, from 2004's total of $370m to $2.3bn in 2011. According to Frost and Sullivan, the healthcare market is likely to see swift uptake of RFID technology due to easily demonstrable benefits beyond traditional ROI - for example, cutting the risk of drugs being misplaced or given to patients incorrectly." Source: silicon.com