RTLS for Healthcare Market Report: Trends, forecast and Competitive Analysis to 2030

RTLS for Healthcare Trends and forecast

The future of the global RTLS market for healthcare looks promising with opportunities in the RFID, Wi-Fi, UWB, BLE, infrared, and ultrasound markets. The global RTLS market for healthcare is expected to reach an estimated 8.3 billion by 2030 with a CAGR of 22.7% from 2024 to 2030. The major drivers for this market are the technological capacity of ultra-wideband to accurately identify a person or thing and patients' growing concerns about their security and safety reduction ,and heightening concerns regarding patient and staff safety and security.

A more than 150-page report is developed to help in your business decisions.

RTLS for Healthcare by Segment

The study includes a forecast for the global RTLS for healthcare by offering, technology, application, and region.

RTLS Market for Healthcare by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

RTLS Market for Healthcare by Technology [Shipment Analysis by Value from 2018 to 2030]:

• RFID
• Wi-Fi
• UWB
• BLE
• Infrared
• Ultrasound
• Other Technologies

RTLS Market for Healthcare by Application [Shipment Analysis by Value from 2018 to 2030]:

• Inventory/Asset Tracking & Management
• Personnel Locating & Monitoring
• Access Control & Security
• Environmental Monitoring
• Supply Chain Management & Automation
• Other Applications

RTLS Market for Healthcare by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of RTLS for Healthcare Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies RTLS for healthcare companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the RTLS for healthcare companies profiled in this report include-

• Securitas Healthcare
• Zebra Technologies Corporation
• Aruba Networks
• Impinj
• Savi Technology
• Teletracking Technologies
• Centrak
• Advantech
• Ge Healthcare Technologies
• Ubisense

RTLS for Healthcare Market Insights

Lucintel forecasts that services is expected to witness highest growth over the forecast period.

Within this market, UWB will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Features of the Global RTLS Market for Healthcare

Market Size Estimates: RTLS market for Healthcare Market size estimation in terms of value ($B).

Trend and forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: RTLS Market for Healthcare size by offering, technology, application, and region in terms of value ($B).

Regional Analysis: RTLS Market for Healthcare breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different offering, technology, application, and regions for the RTLS market for healthcare.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the RTLS market for healthcare.

Analysis of competitive intensity of the industry based on Porter's Five forces model.

FAQ

Q.1 What is the RTLS market for healthcare size?

Answer: The global RTLS market for healthcare is expected to reach an estimated 8.3 billion by 2030.

Q.2 What is the growth forecast for RTLS market for healthcare?

Answer: The global RTLS market for healthcare is expected to grow with a cagr of 22.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the RTLS market for healthcare?

Answer: The major drivers for this market are the technological capacity of ultra-wideband to accurately identify a person or thing and patients' growing concerns about their security and safety reduction ,and heightening concerns regarding patient and staff safety and security.

Q4. What are the major segments for RTLS market for healthcare?

Answer: The future of the RTLS market for healthcare looks promising with opportunities in the RFID, Wi-Fi, UWB, BLE, infrared, and ultrasound markets.

Q5. Who are the key RTLS Market for Healthcare companies?

Answer: Some of the key RTLS for healthcare companies are as follows.

• Securitas Healthcare
• Zebra Technologies Corporation
• Aruba Networks
• Impinj
• Savi Technology
• TeleTracking Technologies
• CenTrak
• Advantech
• GE HealthCare Technologies
• Ubisense

Q6. Which RTLS market for healthcare segment will be the largest in future?

Answer: Lucintel forecasts that services is expected to witness highest growth over the forecast period.

Q7. In RTLS market for healthcare, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the RTLS market for healthcare by offering (hardware, software, and services), technology (RFID, Wi-Fi, UWB, BLE, infrared, ultrasound, and other technologies), application (inventory/asset tracking & management, personnel locating & monitoring, access control & security, environmental monitoring, supply chain management & automation, and other applications), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?