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Thermal Printable Wristband Market

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<strong>Thermal</strong> <strong>Printable</strong> <strong>Wristband</strong> <strong>Market</strong> to Witness Steady<br />

Growth During the Forecast Period 2017-2027<br />

May 2017<br />

Report Id : REP-GB-3780<br />

Status : Ongoing<br />

Category : Industrial Automation and Equipment<br />

©2015 Future <strong>Market</strong> Insights, All Rights Reserved


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Research Methodology (1/2)<br />

Systematic Research Approach<br />

<strong>Market</strong> profiling<br />

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Data validation<br />

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associations, etc.<br />

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Business<br />

Solution<br />

Key industry experts<br />

Channel study<br />

Developments<br />

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Products<br />

Conclusions<br />

Data analysis<br />

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Data is scrutinized using MS-Excel to<br />

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<strong>Thermal</strong> <strong>Printable</strong> <strong>Wristband</strong> <strong>Market</strong><br />

The thermal printable wristband is a secure and cost effect way to identify an individual in a quick and reliable<br />

way. <strong>Thermal</strong> printable wristband helps to provide embed text or variable data at a point of entry. <strong>Thermal</strong><br />

printable wristband produces fine quality print and enables good scan ability. <strong>Thermal</strong> printable wristband<br />

printer uses direct thermal technology and prints barcode & time sensitive information such as date and time.<br />

More features in thermal printable wristband are that they are strong, lightweight, tamper-evident,<br />

nontransferable, phthalate free, latex free, and antimicrobial coating helps to secure skin against nonpathogenic<br />

bacteria. <strong>Thermal</strong> printable wristband has extensive application in the healthcare industry such as<br />

the hospital, amusement, water-park, nightclub, cruise, sports event and much more. <strong>Thermal</strong> printable<br />

wristband in medical environment improves speed and accuracy of the hospital task by allowing scanning and<br />

printing of patients information and barcodes directly on the wristband. Amusement and Attraction enable<br />

cashless pint of sale and access management.<br />

Global <strong>Thermal</strong> <strong>Printable</strong> <strong>Wristband</strong> <strong>Market</strong>: Dynamics<br />

The key driver for thermal printable wristband market is its cost effectiveness. <strong>Thermal</strong> printable wristbands<br />

have lower printing cost and higher durability compared to laser printed wristband as the added expense of<br />

toner makes the printing incur an additional charge. <strong>Thermal</strong> printable wristband outperforms in the hospital<br />

industry as it provides ease of operation, is less expensive and provides high-quality sharp images when<br />

compared to laser printing options. The ability to print by utilizing heat-sensitive media that blackness as it<br />

passes under the print head and such factors are considered to be a potential driver of the growth of thermal<br />

wristband market. Moreover, the assurance of security verification of individuals is quick and reliable as they are<br />

tamper-proof, supports the growth of thermal printable wristband market. Although thermal printable<br />

wristband is not well suited for an environment that exposes them to a high temperature for an extended period<br />

which is a challenging factor, the coating on top provides resistance to elements is another potential factor to<br />

the growth of thermal printable wristband market<br />

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<strong>Thermal</strong> <strong>Printable</strong> <strong>Wristband</strong> <strong>Market</strong><br />

Another possible factor that boosts its market is that thermal printable wristband can be made for single<br />

day use as well as for a longer period, they are latex free, and polypropylene stock which will not tear and<br />

will be still very flexible to use. Growing application of RFID wristband that allows enabling user to put<br />

more information when compare to thermal printable wristband is a significant threat to thermal<br />

printable wristband.<br />

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Global <strong>Thermal</strong> <strong>Printable</strong> <strong>Wristband</strong> <strong>Market</strong>: Segmentation<br />

Based on application: Global thermal printable wristband is segmented into:<br />

• Hospitals<br />

• Amusement<br />

• Sports events<br />

• Conference<br />

• Concerts<br />

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<strong>Thermal</strong> <strong>Printable</strong> <strong>Wristband</strong> <strong>Market</strong><br />

Global <strong>Thermal</strong> <strong>Printable</strong> <strong>Wristband</strong> <strong>Market</strong>: Region Wise outlook<br />

The global thermal printable wristband market is divided into seven regions, namely North America, Latin<br />

America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East<br />

and Africa (MEA). North America holds relatively a higher share in the thermal printable wristband<br />

market. This is due to its wide application and demand in the healthcare industry such as the hospital,<br />

amusement, concerts, and much more. Europe is estimated to hold second major share in the thermal<br />

printable wristband market. The region is growing to its cost effectiveness which is provided by thermal<br />

printable wristband in the healthcare industry. Thus developed regions such as North America and<br />

Europe is estimated to witness healthy CAGR during the forecast period of the thermal printable<br />

wristband market. APEJ is estimated to grow at high CAGR in the forecast period of the thermal printable<br />

wristband market. Owing to the discard use of laser printed wristband that incurs higher cost for the user.<br />

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Global <strong>Thermal</strong> <strong>Printable</strong> <strong>Wristband</strong> <strong>Market</strong> Players<br />

Few of the prominent players in the global thermal printable market are as follows<br />

• ZIH Corp.<br />

• PDC BIG.<br />

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<strong>Thermal</strong> <strong>Printable</strong> <strong>Wristband</strong> <strong>Market</strong><br />

• National Ticket Co.<br />

• Barcodes, Inc.<br />

• DO RFID TAG<br />

• Syndicate Group.<br />

• Raco Industries<br />

The global woodworking machines market is highly fragmented due to the presence of large number of<br />

regional and global players. Regional players choose quality service and competitive pricing as their<br />

winning strategy over global players. In response to this, global players are largely involved in merger &<br />

acquisition and partnership activities in order to enhance their profitability margin and market share.<br />

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