Real-Time Location System (RTLS) is a framework used to give quick or constant following and administration of medicinal hardware, staff, and patients inside a wide range of patient consideration conditions. While the innovation varies from utilizing area information caught by satellite trilateration, it tends to be thought of as a sort of “indoor GPS” for clinics. In any case, more so than simply finding resources, exact finding innovation that effortlessly incorporates with other Healthcare IT arrangements empowers offices to enhance the work process, lessen expenses and increment clinical quality.
Real Time Locating System (RTLS) in Healthcare Market is expected to grow from US$ +3.19 billion in 2018 to US$ +8.79 billion by 2023, at a CAGR of +22.5% between 2018 and 2023.
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Top Key Players:
STANLEY Healthcare (US), Zebra Technologies (US), Aruba Networks (HP Enterprise US), IMPINJ (US), Savi Technology (US), TeleTracking Technologies (US), Ubisense Group (UK), AiRISTA Flow (US), Awarepoint (US), Identec Group (Liechtenstein), and Alien Technology (US).
This scrutiny is been done globally and the data is presented considering the forecast period of 2018 to 2022 respectively. Questions like why the exact region leads in this particular market, the factors that are driving this market and what are the major opportunities and all other queries have conversed in detail.
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The global RTLS for the healthcare market is segmented into facility, device, technology, and applications. The report further covers segments of the facility which includes hospitals and health facility and senior living facility. Senior living facility accounted for the largest market revenue share for the global Real Time Locating System (RTLS) in Healthcare Market in 2016. The growth of the segment is mainly due to a decrease in the cost of RTLS-related hardware. Devices in real time locating system for healthcare are classified as hardware, services, and software.
Furthermore, the technologies offered by real-time locating systems for healthcare are classified as Bluetooth Low Energy (BLE), infrared, Radio-frequency identification (RFID), ultrasound, Ultra-wideband (UWB), Wi-Fi, Zig-Bee and other technologies. Wi-Fi-based RTLS held the largest market revenue share in 2016 for the global real-time locating system for the healthcare market. The wi-fi-based real-time locating system utilizes the existing Wi-Fi infrastructure of an enterprise, which can result in time and cost saving. Moreover, the applications of the real-time locating system for the healthcare market include asset tracking and management, clinical operations and workflow, patient tracking, staff tracking, environment monitoring, and other applications.”
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