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2D Barcode Reader Market Trends

  • Report ID: GMI9896
  • Published Date: Jun 2024
  • Report Format: PDF

2D Barcode Reader Market Trends

The demand for image-based 2D barcode readers has been considerably increasing across various sectors such as retail and healthcare. This surge is largely driven by the need for more efficient, accurate, and versatile data capture solutions. Image-based barcode readers, which use advanced imaging technology to scan and interpret barcodes, offer significant advantages over traditional laser-based scanners, and through the integration of AI, they can provide solutions at a higher speed. Industries are increasingly recognizing the benefits of these advanced readers, driving their wide adoption and usage. With ongoing technological advancements, image-based 2D barcode readers are set to play a crucial role in enhancing data capture and identification processes in different fields.
 

For instance, in October 2023, Cognex Corporation launched the DataMan 380 series of fixed-mount, image-based barcode readers. The DataMan 380 barcode readers are equipped with a CMOS sensor and have up to 5,320 x 3,032, 16.13 MPixel resolution. Their shutter speeds range from 15 μs (minimum exposure) to 200 ms (maximum exposure).
 

The importance of barcode technology in healthcare is increasing with the current advancements in the scanning field. This technology offers a simple, affordable solution to all the complex issues emerging in the healthcare sector. Various hospitals already require patients to wear an identifying bracelet during their hospitalization. By incorporating barcode technology, a medical expert can scan the wristband to ensure that the right patient is being treated with the right technique, thus improving productivity and patient security. Nurses and other personnel use a patient’s identification bracelet to gather data including the capacity to electronically access his or her medical records. Medical staff can also make changes to a patient’s medical records, and such changes will be reflected in the hospital’s database system.
 

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Industry size for 2D barcode reader was worth USD 8.3 billion in 2023 and is projected to expand at over 8.8% CAGR from 2024 to 2032, owing to the rapid expansion of retail and e-commerce.

The mobile (mounted) readers type segment in the 2D barcode reader industry is projected to expand at over 5% CAGR from 2024 to 2032, as they offer real-time data transfer and analysis.

The omnidirectional scanners technology segment in the 2D barcode reader industry will surpass USD 12 billion by 2032 fuelled by increasing adoption in sectors like retail, healthcare, logistics, and transportation.

Asia Pacific market is projected to reach USD 4 billion by 2032, led by the thriving e-commerce sector, driven by the rising internet penetration, smartphone usage, and consumer demand for convenience.

2D Barcode Reader Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 350
  • Countries covered: 21
  • Pages: 220
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