The global RFID blood refrigerator and freezer market is expected to post a CAGR close to 20% during the period 2019-2023, according to the latest market research report by Technavio.
There is a huge demand for blood banks which are a reliable source for collection and storage of blood. Blood components including the red blood cells (RBC) and plasma which are provided to various hospitals for transfusion are stored or tracked using RFID blood refrigerators and freezers.