Location-based Services (LBS) in the Global Healthcare Market, 2024-2028: An Analysis of Profitable Segments, Emerging Market Trends, Vendor Landscape & Competitive Dynamics


Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Global LBS in the Healthcare Sector Market 2024-2028" report has been added to ResearchAndMarkets.com's offering.

The global Location-based Services (LBS) in the healthcare sector is witnessing rapid growth, with an anticipated compound annual growth rate (CAGR) of 31.07% from 2023 through 2028. This comprehensive market research report thoroughly analyzes this sector's evolution, its contributing factors, and its forecasted trajectory.

Key Market Segmentation and Geographic Analysis

The market analysis delves into the crucial segments within the LBS landscape in the healthcare sector, stratified by technology - with Real-Time Location Systems (RTLS) and GPS/AGPS at the forefront - and type, comprising both indoor and outdoor LBS solutions. An extensive geographical exploration details market potentials across five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East and Africa (MEA).

Drivers and Trends Poised to Influence Market Upsurge

Adoption of sophisticated location-based services in fitness applications, a burgeoning demand for security and automation in healthcare operations, and the imperative role of real-time location tracking systems in monitoring sensitive medical shipments are primary drivers fueling market growth. With the healthcare industry turning to cutting-edge location-based messaging (LBM) and cost-effective technologies bolstered by advanced cloud analytics and real-time data, the sector is at the cusp of digital transformation.

Implications for the Healthcare Industry and Potential Growth Opportunities

Medical facilities and healthcare professionals are increasingly adopting technology-driven strategies leveraging LBS to optimize their services and enhance patient care. The report identifies significant opportunities stemming from this trend and sheds light on new developments poised to influence market dynamics. The document also includes a nuanced vendor analysis, which is imperative for stakeholders seeking to bolster their market positions. This analysis features insights into operational strategies of notable industry players.

Methodology and Data Authority

This research harnesses a balanced mix of primary and secondary data, enriched with insights from key industry participants. Researchers have curated a detailed market and vendor landscape alongside a thorough analysis of key vendors, ensuring that the data is expansive, reliable, and the result of diligent research methodologies.

The report forecast reflects a deeply rooted understanding of key parameters including profit maximization, competitive pricing strategies, market competition, and tactical promotions. With an emphasis on identifying industry influencers, this market research report is an indispensable resource for those looking to understand the comprehensive facets of the LBS in the healthcare sector market and to capitalize on growth opportunities.

  • Sector Driving Technological Integration and Innovation
  • Analysis of Profitable Segments and Emerging Market Trends
  • Extensive Vendor Landscape and Competitive Dynamics

A selection of companies mentioned in this report includes:

  • Acceliot Inc.
  • AiRISTA Flow Inc.
  • Cardinal Health Inc.
  • Cisco Systems Inc.
  • Emanate Wireless
  • Esri Global Inc.
  • General Electric Co.
  • Halma plc
  • Hewlett Packard Enterprise Co.
  • Koch Industries Inc.
  • Microsoft Corp.
  • Midmark Corp.
  • Navizon Ltd.
  • Qorvo Inc.
  • Radianse
  • Securitas Healthcare LLC
  • Siemens AG
  • Sonitor Technologies AS
  • Zebra Technologies Corp.
  • Ziff Davis Inc.

For more information about this report visit https://www.researchandmarkets.com/r/5r85ms

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