HOME Press Releases RTLS Market For Healthcare worth 3,123.7 Million USD by 2022

RTLS Market For Healthcare worth 3,123.7 Million USD by 2022

According to the new market research report "RTLS Market for Healthcare by Facility Type (Hospitals and Health Facilities and Senior Living Facilities), Offering (Hardware, Software, and Services), Technology (RFID, Wi-Fi, BLE, and UWB), Application, and Geography - Global Forecast to 2022", the market is expected to grow from USD 580.1 Million in 2015 to reach USD 3,123.7 Million by 2022, at a CAGR of 23.6% between 2016 and 2022. The growth of this market can be attributed to the ability of this system to provide real-time information about the location of the people and assets. This information helps the decision makers in healthcare organizations to make faster decisions and improve processes.

      Request Sample     Request Sample

Browse 65 market data tables and 50 figures spread through 150 pages and in-depth TOC on “RTLS Market for Healthcare - Global Forecast to 2022"
Early buyers will receive 10% customization on reports.

Market for senior living facility likely to grow at the highest rate during the forecast period

Senior living facilities segment of the RTLS market for healthcare based on facility type is expected to witness the highest growth rate during the forecast period. The decrease in cost of RTLS-related hardware is one of the major factors that have resulted in increase in the penetration rate of RTLS in senior living facilities. Besides this, the need for a higher level of safety and comfort for residents is also leading to the increase in adoption rate of RTLS in senior living facilities.

Wi-Fi–based RTLS held the largest share of the RTLS market for healthcare in 2015

The RTLS market for healthcare based on technology is led by the Wi-Fi segment. A number of healthcare organizations already have wireless network installed; and as Wi-Fi–based RTLS utilizes the existing Wi-Fi infrastructure of an enterprise, this results in cost and time savings. This is one of the major factors driving the growth of the Wi-Fi–based RTLS market for healthcare.

North America held the largest size of the RTLS market for healthcare in 2015

North America held the largest size of the RTLS market for healthcare in 2015, followed by Europe and APAC. The U.S. accounted for the largest share of the RTLS market for healthcare in North America, followed by Canada and Mexico. The leading position of the market in this region can be attributed to the high demand for RTLS due to the presence of a large number of hospitals, health facilities, and senior living facilities in North America having RTLS adopted in their premises.

The major players operating in this market include Zebra Technologies Corporation (U.S.), STANLEY Healthcare (U.S.), TeleTracking Technologies, Inc. (U.S.), CenTrak, Inc. (U.S.), Versus Technologies, Inc. (U.S.), Awarepoint Corporation (U.S.), Sonitor Technologies, Inc. (U.S.), AiRISTA, LLC (U.S.), BeSpoon SAS. (France), and Cetani Corporation (U.S.), among others.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support

US : 1-888-600-6441

Search reports