Real Time Location Systems in Healthcare Market Set To Improve The Business Of Saving Lives - IndustryARC Research

Real Time Location Systems in Healthcare Market Growth, Spurred By Eager Helathcare Industry Adoption & Need To Lower Expenses, Predicted To Rise Dramatically By 2021

Hyderabad, India, March 16, 2017 (GLOBE NEWSWIRE) -- The report “Real-Time Location Systems (RTLS) in Healthcare Market: Component (Tags, Software, Sensor, Services) Technology (Active RFID [Bluetooth, WI-Fi, Others], Passive RFID) Tracking Use Cases (Patient, Asset, Personal, Temperature Monitoring)-Forecast(2016-2021)”, published by IndustryARC, estimates that advances in automation will further boost the prospects of future market growth.

Browse 73 Market Tables, 70 Figures spread through 194 Pages and an in-depth TOC on “Real Time Location Systems in Healthcare Market 2016 – 2021  

Scope & Regional Forecast of the Real Time Location Systems in Healthcare Market:

Real-time location systems (RTLS) is a location tracking technology that assists in tracking objects, assets, vital equipment and individuals in real time environments. In addition, RTLS have the capability of asset tracking, patient tracking, staff safety, workflow optimization, environmental monitoring and reporting. Raising concern on patient safety coupled with need to improve healthcare facilities have stimulated the use of RTLS technology in healthcare sector. Industrial manufacturing, government and defense, process industries and transportation and logistics sectors are the other major applications of RTLS technology. Increasing applications in the aforementioned industries including need for the safety, need to improve resource utilization and enhancing workflow efficiency are the key driving factors for this market growth.

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The health care segment is major application of RTLS systems. RTLS market players have been focusing on the R&D and implementation of new technologies to assist the end user industries in tracking the assets, objects or personnel. High accuracy and precise locations of the objects are the characteristics of RTLS technology. In addition, locating objects in harder mediums such as concrete walls can be achieved. The RTLS in employed in healthcare to have the control over various tasks including automation and workflow optimization such as patient admissions and discharging which assists in optimizing the patient queuing and helps in gaining customer satisfaction.

Maintenance of temperature and humidity has a significant contribution in infection control. The storage of tissues, pharmaceuticals, organs and so on in storage units and the maintenance of temperature and humidity without any manual intervention is the key factor for the utilization of this technology in healthcare segment. In addition, this helps in cutting down the expenses incurred on staffing for their monitoring which is a considerable growth contributing factor for this market. Additionally, RTLS is also employed to monitor the physical movements of patients which help in ensuring their safety.

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Prominent Segmentations Involved in the Real Time Location Systems in Healthcare Market:
The Real Time Location Systems in Healthcare Market can be broken down into various segmentations on the basis of -

  • Component: Tags, Software, Sensors and Services.
  • Technology: Passive RFID and Active RFID (Bluetooth, GPS, Ultra Wideband, Wi-Fi, Infrared, Ultrasound, Zigbee, Others).
  • Application: Asset/Inventory Tracking, Work in Progress Tracking, Personnel Tracking, Patients Activity and Safety Tracking, Temperature and Humidity Monitoring, Hand-Hygiene Tracking and Others.
  • End User: Hospitals / Primary Care Facilities, Emergency Medical Services, Laboratories and Elder Care Facilities.
  • Geographical Location: North America, South America, Europe, Asia-Pacific and Rest of the World.

Some of the sample companies profiled in the Real Time Location Systems in Healthcare Market report are as follows:

  • Ekahau Inc.
  • Stanley Black & Decker Inc.
  • Hewlett Packard Development Company, L.P.
  • Zebra Technologies Corporation
  • Awarepoint Corporation
  • CenTrak Inc.
  • Skytron LLC
  • Visonic Ltd.
  • OATSystems
  • Thing Magic
  • Versus Technologies, Inc.
  • Radianse Inc. (Airpointe Corporation)

Why buy this report?

  • Get a detailed picture of the Real Time Location Systems in Healthcare Market.
  • Pinpoint growth sectors and identify factors driving change.
  • Understand the competitive environment, the market’s major players and leading brands.
  • A five-year forecast method is used in order to assess how the market is predicted to develop.

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Real Time Location Systems in Sports (RTLS) Market: By Component (Tags, Software, Sensor, Services)); By Technology (Active RFID [Bluetooth, WI-Fi, GPS, UWB, Zigbee], Passive RFID); By Tracking (Player Training, In-Game Player, Asset) - Forecast (2016 – 2021) 

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