openPR Logo
Press release

RTLS for Healthcare Market Driven By Intelligent InSites, Sanitag, Sonitor Technologies, Stanley Healthcare, Teletracking Technologies, CenTrak

08-09-2021 01:26 PM CET | Media & Telecommunications

Press release from: The Insight Partners

RTLS for Healthcare Market

RTLS for Healthcare Market

According to The Insight Partners market research study titled ‘RTLS for healthcare Market to 2027 – Global Analysis and Forecasts by Technology, Facility Type and Application.’ The global RTLS for healthcare market is expected to reach US$ 6,384.45 Mn in 2027 from US$ 1,455.73 Mn in 2018. The market is estimated to grow with a CAGR of 18.6% from 2019-2027. The report highlights the trends prevalent in the global RTLS for healthcare market and the factors driving the market along with those that act as deterrents to its growth.

The RTLS or real-time location system technology facilitates detection and tracking of the location of objects and people in real-time. The technology is widely popular across many verticals such as defense, retail, supply chain management and healthcare. The inculcation of these technologies in healthcare is increasingly gaining traction for improved services in hospitals and high returns on investment. The growth of the RTLS in healthcare market is attributed to the increased market competitiveness with the emergence of start-ups and benefits associated with RTLS. On the other hand, factor such as data security and privacy concerns associated with RTLS are limiting the growth of the market.

Request for sample PDF Copy at: https://www.theinsightpartners.com/sample/TIPRE00006259/?utm_source=OpenPR&utm_medium=10144

The major players operating in the RTLS for healthcare market include, CenTrak, Impinj, Inc., Intelligent InSites, Aruba (Hewlett Packard Enterprise Development LP), Midmark Corporation, Sanitag, Sonitor Technologies, Stanley Healthcare and Teletracking Technologies among the others. The market has witnessed various organic as well as inorganic developments during recent years in the RTLS for healthcare market.

For instance, in July 2018, Zebra Technologies Corporation, the market leader in rugged mobile computers, barcode scanners and barcode printers enhanced with software and services to enable real-time enterprise visibility, announced two new healthcare barcode printing solutions that can identify patients and specimens at the point of care.

Global RTLS for healthcare market, based on the application, was segmented as, inventory and asset tracking, patient and staff tracking, access control and security, environment monitoring, supply chain management and operation automation and others. In 2018, inventory and asset tracking held the largest share of the market, by application. In addition, the segment is also anticipated to grow at a significant rate during the forecast period. The benefits such as RTLS can automate inventory control, and thus this reduces the physically managing inventory which are labor-intensive, costly, and time-consuming these factors are anticipated to lead to the growth of the segment during the forecast period.

Real time location systems (RTLS) have become the foundation for applications that boost efficiency, productivity, and safety in every industry. RTLS helps employees to focus on activities that bring more value to the organization. It enables to locate and track assets accurately, and people allows processes to be optimized. This insight viewed through a digital prism the development of digital transformation, many options and standards have appeared. Bluetooth, LTE, UWB, and Zigbee provide a great service to businesses despite using different methods.

There are many such startups in India, USA, Europe, and other regions who are helping this market to grow with huge competitions. Startups are making significant progress which offers a well-thought-out embedded location platform. UWINLOC is another new startup that designed a semi-passive UWB solution that can ultimately compete on price with passive RFID, also providing similar benefits to an active technology within energy harvesting. Therefore, startups always discover ways to cost-effectively implement the technology without compromising on performance.

RTLS in Healthcare Market – by Technology

Software Solution
Hardware
Services
RTLS in Healthcare Market – by Facility Type

Robot Assisted Surgery
Virtual Assistants
Administrative Workflow Assistants
Connected Machines
Diagnosis
Clinical Trials
Fraud Detection
Cybersecurity
Dosage Error Reduction
Others
RTLS in Healthcare Market – by Application

Hospitals & Healthcare Providers
Patients
Pharma & Biotech Companies
Healthcare Payers

Place an Order Copy at: https://www.theinsightpartners.com/buy/TIPRE00006259/?utm_source=OpenPR&utm_medium=10144

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release RTLS for Healthcare Market Driven By Intelligent InSites, Sanitag, Sonitor Technologies, Stanley Healthcare, Teletracking Technologies, CenTrak here

News-ID: 2349983 • Views: 478

More Releases from The Insight Partners

New study: Nitrogenated Coffee Market to 2028 Insights Shared in a Detailed Repo …
The Nitrogenated Coffee Market report provides a basic overview of the market including definitions, classifications, applications and industry chain structure. The Nitrogenated Coffee Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Nitrogenated coffee is the kind of prepared to-drink (RTD) coffee which is implanted with nitrogen for little, delicate air pockets that make a rich flavor with a smooth head
Decaf Coffee Market Trend Shows a Rapid Growth, Competitive Analysis, Future Pro …
The Decaf Coffee Market report provides a basic overview of the market including definitions, classifications, applications and industry chain structure. The Decaf Coffee Market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Decaf coffee is a roasted regular coffee beans format with around 90% to 95% of caffeine content being removed through different commercial decaffeinated processes. Decaf coffee is trending in
E-Prescribing Market Statistics 2020 by Key Driving Factor, Dazzling Growth, Vit …
E-Prescribing is known as a process of electronically producing and sending prescription orders. This helps the physicians and other medical practitioners to send an electronic prescription directly to a pharmacy store. This technology improves accuracy and enhances patient safety and quality of care. In addition, since the prescription is electronically generated, the chances of confusion due to handwriting can be reduced and easily interpreted by the pharmacist. Competitive Landscape: Allscripts GENERAL ELECTRIC COMPANY athenahealth,
Protective Packaging Market - Huge Demand for Convenient Packaged Products in Di …
Growing demand for conveniently packaged products across the globe is driving the need for the protective packaging market. Furthermore, increasing online sales worldwide is also projected to influence significantly the protective packaging market in the upcoming period. Moreover, increasing demand from the food and beverage industry for packaging purpose is anticipated to have a robust impact in the protective packaging market. Rising use of flexible protective packaging in the healthcare

All 5 Releases


More Releases for RTLS

RTLS Market Statistics 2020 | Trend & Regional Analysis To 2025
The RTLS market research study is a detailed document that presents a gist of the global industry space in terms of numerous parameters. Some of these falls along the likes of the industry insights, growth drivers, industry segmentation, and trends worldwide. Also included in the research report is information pertaining to the companies partaking in the RTLS industry share and the information pertaining to the regulatory norms that impact the
RTLS Market in the US 2016-2020
The global industrial castings market is anticipated to grow rapidly and will post a CAGR of close to 47% during the forecast period. The increasing use of real-time locating systems (RTLS) tags in the healthcare sector will drive the growth prospects for the global industrial castings market during the forecast period. One of the major factors that increase the adoption of RTLS tags in hospitals is improved operations and increased
Real Time Location System (RTLS) Market Status 2017-2022
Global Real Time Location System (RTLS) Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This Industry report also states Company Profile, sales, Real Time Location System (RTLS) Market revenue and price, market share, market growth and gross margin by regions. Enquiry for buying report @ https://goo.gl/6H31kQ Top Manufacturers/Key Players: Stanley Healthcare Ekahau Zebra Technologies
RTLS Market for Healthcare - Industry Size, Share 2022
RTLS Market for Healthcare Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2022 Market Research Report to It’s a Database. Download sample copy @ https://goo.gl/KOw6fZ The RTLS market for healthcare is expected to grow at a CAGR of23.6% between 2016 and 2022 to reach USD 3,123.7 million by 2022 from USD 580.1 million in 2015. Increasing demand for RTLS from senior living facilities is one of the major
RTLS Sales Market Trends, Demand & 2021 Forecasts
A Research Report Of RTLS,is Getting High Demand in Market,Get this Report" RTLS Sales Market " on Bigmarketresearch.com Notes: Sales, means the sales volume of RTLS Revenue, means the sales value of RTLS Request For Sample Copy: https://goo.gl/Ykcb8u This report studies sales (consumption) of RTLS in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top players in these regions/countries, with sales, price, revenue and market share for each
Global RTLS for Industrial Applications Market 2016-2020
RTLS is used to track asset, person, or any object in real-time basis. RTLS employs radio frequency identification (RFID) technology for communication, but some systems use optical (based on infrared waves) or acoustic (based on ultra sound) technology, either combined or separately. RTLS involves two components: Tags: These are hardware components attached to the object that has to be tracked. Readers: These are a combination of both hardware and software used