Global Healthcare Used RTLS Market Report Description:
Global healthcare used RTLS market report gives comprehensive outlook on healthcare used RTLS across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global healthcare used RTLS market gives historical, current, and future market sizes (US$ Mn) on the basis of component type, technology, application, end user, and region. This report studies global healthcare used RTLS market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global healthcare used RTLS market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global healthcare used RTLS market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global healthcare used RTLS market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global healthcare used RTLS products.
Global Healthcare Used RTLS Market:
The global healthcare used RTLS market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025 due to increase in the number of healthcare facilities such as hospitals and diagnostic centers, rise in focus on the patient safety, modernization in healthcare facilities, stringent regulations for the healthcare operations, and technological advancements in the RTLS are the major factors that are driving the growth of the healthcare used RTLS market.
Technological Advancements in the RTLS Enhance the Market Growth
Rise in R&D activities for the development of advanced technologies in real time location system (RTLS) enhance the revenue growth of healthcare used RTLS market over the forecast years. Most of the market players are focus on the development and launch of newer RTLS technologies to enhance their revenue share in the market. For instance, in March 2018, CenTrack launched IRUS hybrid technology, a combination of sGen2IR and ultrasound technology used in the real time location system.
North America Accounts for Larger Market Revenue Share in Global Healthcare Used RTLS Market
North America accounted for larger revenue share in global healthcare used RTLS market with significant CAGR. Increase in the prevalence of chronic diseases and rise in number of hospitalized persons, development in healthcare infrastructure, and high preference for patient safety are propel the healthcare used RTLS market in the North America region. Europe healthcare used RTLS market projected to grow at significant rate owing to development of advanced technologies by the market players, stringent regulations for the healthcare operations, and modernization in healthcare industry are expected to enhance the market.
Competition Assessment
Key player’s profiles in the global healthcare used RTLS market include:
- STANLEY Healthcare (US)
- Zebra Technologies Corporation (US)
- Aruba Networks (US)
- IMPINJ (US)
- TeleTracking Technologies (US)
- CenTrak (US)
- AiRISTA Flow (US)
- Sonitor Technologies (Norway)
- Versus Technology (US)
- Identec Group (Liechtenstein)
Global healthcare used RTLS market is surging owing to frequent acquisitions and collaborations by the market players. For instance, In March 2016, AiRISTA Flow acquired Ekahau RTLS and Ekahau RTLS International to expand its portfolio in real time location system. Moreover, May 2016, Midmark completed the acquisition of Versus Technology to strengthen its presence in the RTLS market for in outpatient clinical workflows using real-time locating systems applications
Key Findings of the Report:
- Global healthcare used RTLS market expanding at significant CAGR over 2019 to 2025 owing to increase in number of healthcare facilities
- Based on end user, hospitals accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global healthcare used RTLS market
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Detailed Segmentation
By Component Type
- Software
- Hardware
- Services
By Technology
- RFID
- Wi-Fi
- Bluetooth Low Energy
- Infrared
- Ultrasound
- GPS
- Others
By Application
- Asset Tracking and Management
- Clinical Operations and Work Flow
- Patient tracking
- Environment monitoring
- Others
By End User
- Hospitals and Clinics
- Diagnostic Centers
- Others
Geography
North America
- US
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
