Barcode Readers Market to Value US$ 10.1 Bn by 2030; Notes TMR Study

The ongoing COVID-19 pandemic has amplified the use of the barcode technology and associated devices in healthcare institutions for use of various applications from patient information to medication record and testing patient samples.

The prospect of development of mobile apps to scan barcodes of COVID-19 test samples using any smart device will fuel the growth of the barcode readers market, finds a TMR study.

The use of the barcode technology has gained considerable traction to track the inventory of medical devices over the past year. The use of the barcode technology that employs barcode readers helps in structuring data to manage the inventory of medical devices. Due to the efficacy of the barcode technology for inventory management of medical devices during the pandemic, it has received recommendation of the National Health Service in the U.K. for patient safety in the current situation.

The development of hands-free barcode readers combined with digital eyewear is creating new frontiers in the barcode readers market. This product variant has received overwhelming response from retail and logistics sectors for efficient operations.

Nonetheless, 2D image-based barcode readers continue to witness substantial demand for sorting applications. Manufacturers in the barcode readers market are engaged in product innovation to overcome the shortcomings of predecessor products. The launch of AV500 imager from Datalogic Group for high-speed sorting applications is a case in point.