HOME Research Insight RTLS in Healthcare Market New Revenue Pockets

RTLS in Healthcare Market New Revenue Pockets

The global RTLS market in healthcare has created a new revenue stream in the industry, having Americas as the crown holder of the RTLS healthcare ecosystem. The major reason behind the boom is the deployment that is mainly driven by the advantages provided by RTLS;such as cost savings, enhanced quality of care, and better work flow management. The initiatives taken by the government to scale up the production through RTLS, in medical, are drawing traction from the key players.The favorable economic conditions of the U.S. and other countries in the Americas region and the need to rely on asset management technologies are encouraging the healthcare as well as industrial companies to deploy RTLS technology in mainstream operations. The major share of the Americas region is dedicated to the presence of large number of vendors in the U.S region.

The countries in the Americas region are considered to be the major markets that aredriving the growth of RTLS in healthcare industry. itis used in personnel and staff tracking, asset tracking and management, patient tracking, staff safety, work flow automation, and temperature monitoring. it offersmany advantages such as cost effective and real time tracking, among others. Supportive government initiatives in the America region also promote the use of RTLS in the healthcare industry; for instance, the recent contract signed between U.S. government Veteran Affairs and Hewlett Packard (U.S.) to deploy thesesystems across various medical centers, along with the continuous technological advancements.

In the Americas,the RTLS technology also pushes the demand of RTLS in healthcare industry. Wi-Fi technology is highly used in the Americas market; it is mainly driven by the healthcare applications and wide availability of Wi-Fi technology in all environments. Since, the Wi-Fi based solutions use the existing network infrastructure of an enterprise, the cost savings are more. Key players inthismarket are Zebra Technologies (U.S.), Aeroscout (U.S.), TeleTracking Technologies (U.S.), Savi Technology (U.S.), Awarepoint (U.S.), Ubisense (U.K.).

Related Reports:

RTLS in Healthcare Market by Product (Hardware, Software & Services), Technology (RFID, WiFi, Infrared, Ultrasound, Zigbee, and Ultrawide Band), Application, by Device and Equipment, & by Geography- Analysis & Forecast to 2014 - 2020

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