RTLS in Healthcare Market worth $2,081.05 Million by 2020, According to a New Study on ASDReports

Tuesday 2 September 2014, Amsterdam

According to a new market research report, now available on ASDReports, “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”, the market for RTLS healthcare technologies is estimated to reach $2,081.05 Million by 2020, at a CAGR of 32.9% from 2014 to 2020, which includes an in-depth analysis of the market by product, technology, application, device and equipment type and geography.

The global RTLS market in healthcare is growing at a high CAGR rate; it holds a great potential across the healthcare industry. RTLS in healthcare is used in many applications due to its advanced features such as low cost and real time tracking that insures security of the patient and assets. The personnel and staff tracking applications hold the highest share in the Americas market. Thus, this shows that the personnel and staff tracking in the healthcare industry with respect to RTLS has a great potential to increase over a period of time.

This report describes the market trends, drivers, and challenges with respect to the global RTLS market in healthcare, and forecasts the market from 2014 to 2020, on the basis of the products, technologies, applications, device and equipment types, and geography. This global report gives a detailed view of the market across geographies, namely - Americas (North America and South America), Europe (U.K., Germany, Poland, Spain, Turkey, and Rest of Europe), the Asia-Pacific (Japan, Australia, Singapore, Malaysia, China, India, and Rest of APAC), and ROW. The Americas dominates the market in terms of revenue generation; however, the APAC has been growing at the highest CAGR in the RTLS market in healthcare. The initiatives taken by the governments of the Americas to increase the production of RTLS in the medical sector are attracting the key players.

The competitive landscape of the market presents a very interesting picture. The market is witnessing new product launches and large scale collaborations, and agreements and partnerships across the value chain, with a number of tier-one players around the globe.

The major players in the global RTLS market in healthcare include: Zebra Technologies (U.S.), Aeroscout (U.S.), TeleTracking Technologies (U.S.), Savi Technology (U.S.), Awarepoint (U.S.), Ubisense (U.K.), and Identec Solutions (Austria), among others.