Barcode Printers Market Insights with statistics and Growth Prediction 2027

Barcode Printers Market Insights with statistics and Growth Prediction 2027

The barcode printers market analysis document represents a detailed collection of prioritized market definitions, industry scope and reach, and pivotal industry insights. Information about the many pitfalls of the market as well as the frequent challenges encountered by core industry players have been summarized in the report. That apart, the document also endorses details about the numerous driving parameters impacting the revenue landscape of this vertical.

Barcode technology, one of the most prominent means of information storage, is being heavily deployed across varied sectors, barcode printers market being one of the significant names. For the record, barcode printers are generally used to label packaged items, retail cartons, goods, etc. with the Universal Product Codes (UPCS) and European article Numbers (EANs) before shipment. High demand for barcode printers from the rapidly expanding manufacturing, pharmaceutical, and retail sectors coupled with growing usage of barcodes in point of sale (POS) terminals, portable printers and scanners, easy payment processing, and mobile checkouts have been rightly touted as the principal drivers of global market growth. As per the estimates, the overall market attained a valuation of USD 2.4 billion in 2017.

Request for Sample Copy of This Report @

In terms of applications, healthcare sector has emerged as one of the most lucrative avenues for the barcode printers market growth, owing to extensive deployment of these devices for tracking patient ID systems, specimen collection, and point-of-care medication with least medical errors. As per reliable reports from Institute of Medicine, medical errors claim as many as 98,000 American lives per year. Addressing the need to reduce medical errors, barcode printers, with an error rate of one in 36 trillion characters are penetrating deeper in the healthcare sector. One of the major contributions in this regard has been the launch of Zebra® QLn220™ mobile printers by Zebra Technologies, a renowned market player. Reportedly, by simply scanning the printed barcodes through these mobile printers on ID badges, medications, patient’s wristbands, blood bags, and food trays, the caregivers can ensure whether the specimens are associated with the right patients. It is prudent to mention that the use of barcodes for identification and verification in hospitals and other medical fraternities has not only reduced errors but has also improved the overall process efficiency and cost effectiveness.

Barcode printers market is also accumulating a significant chunk from sectors including retail, government, manufacturing, hospitality, and logistics. Speaking of the business penetration in the retail space, the growth of e-commerce sector has significantly favored the application trends. Reportedly, the retail entities are contributing to a huge demand for barcode printers to improve and optimize their logistics services. Moreover, the expanding retail POS terminals market is further expected to bring a dynamic shift in the industry trends.  In this regard, Asia Pacific is expected to emerge as one of the most lucrative grounds for barcode printers market growth, with India and China as prominent revenue pockets. The governmental mandates with regard to registration and license cards for unique identification is further expected to contribute significantly to the regional expansion of industry.

Request for customization @

Speaking of the competitive landscape, over the recent years, barcode printers market has witnessed a plethora of new product launches incorporated with advanced printing technology coupled with conventional growth strategies such as M&As, joint ventures, and production capacity expansion. The recent partnership between renowned market giant Wasp Barcode Technologies UK and BlueStar, a leading global distributor of RFID, digital signage, POS, and ID security technology, stands as a testament to the aforementioned fact. Reportedly, the collaboration is likely to strengthen and expand Wasp’s product reach in the United Kingdom.  

Browse Complete Table of Content @

Related News -

Hardware-Assisted Verification Market -

Robot Market -

About Us: -, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

Contact Us: -

Website: -

Email: [email protected]