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Healthcare RTLS Market Growing at 32.9% CAGR: 2020 Global Forecasts in a Research Report


News provided by

ReportsnReports

11 Sep, 2014, 14:30 GMT

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DALLAS, September 11, 2014 /PRNewswire/ --

ReportsnReports.com adds 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 research report to its store. 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. It 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. 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 RTLS is getting more value due to its applications in the healthcare market. The applications of RTLS like personnel and staff tracking, and asset tracking and management are enjoying higher revenue in the RTLS healthcare market. Whereas, the other applications like patient tracking, staff safety, work flow automation, and temperature monitoring are the emerging applications, having a high scope in the near future. 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.

Companies profiled in 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 research report include Aeroscout, Awarepoint, Centrak, Ekahau, Elpas, GE Healthcare, Identec Solutions, Infor, Motorola Solutions, Radianse, Savi Technology, Siemens Healthcare, Sonitor Technologies, Teletracking Technologies, Thingmagic, Ubisense, Versus Technology, Vizbee RFID Systems and Zebra Technologies. The RTLS in healthcare market has the largest market share in developed economies like the Americas. The APAC and Europe are also estimated to grow at a high rate in the projected years. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=274311 .

The report provides a detailed view of the RTLS market in healthcare industry with regards to the products, applications, and technology market; and also presents the detailed market segmentation, with qualitative and quantitative analysis of each and every aspect of the segmentation; done by product, technology, application, device and equipment type, and geography. All the number in terms of the volume and revenue, at every level of report, are forecasted from 2014-2020.

The drivers of growth for RTLS in healthcare market discussed in this report include Increasing Concern For Patient Safety Boosting Rfid-Rtls Applications Market, Standardization Of Rtls Technologies Shall Improve Its Market Penetration, Optimum Resource Utilization By Efficient Asset Tracking And Management With Rtls Solutions, Decreasing Cost Of Rtls Hardware And Software Is Expected To Surge The Adoption Rate In The Healthcare Industry, Technological Advancements Shall Act As A Key To Success In The RTLS Healthcare Market, Ever Growing Applications Of RTLS In The Healthcare Industry Shall Act As A Catalyst For The Market's Growth and Increasing Government Support For Encouraging The Use Of Rtls In The Healthcare Sector. Regulations related To healthcare industry covered in this research are Federal Communications Commission (Fcc), Prescription Drug Marketing Act (Pdma) And E-Pedigree Law, World Health Organization (Who) And Impact (International Medical Products Anti-Counterfeiting Taskforce), Fda And Counterfeit Drug Task Force, European Federation Of Pharmaceutical Industry And Associations (Efpia), Data Privacy And Hipaa For Hospitals, Health Industry Business Communications Council (Hibcc), Iso Ratifies 2.4 Ghz Rtls Standard, Personal Health Information Protection Act (Phipa) and Iso/Ieee 11703-20601:2010.

Hospital Asset Management Market - Pharmaceutical [Wi-Fi RTLS, RFID (Tags - Active & Passive, Software), IR, Ultrasound, Equipment & Patient Tracking, Staff Safety, Temperature & Humidity Monitoring, Drug Counterfeit] - Global Forecast to 2017 is another research report of 279 pages that says the industry is poised to reach $6.7 billion by 2017 at a CAGR of 20.9%. Profiling companies like Aeroscout Inc, Awarepoint Corporation, Ekahau, Elpas (Visonic Technologies Ltd.) - A Tyco International Company, GE Healthcare, IBM Corporation, Infor Inc., Motorola Solutions Inc., Radianse, Siemens Healthcare, Sonitor Technologies, Thingmagic (Trimble Navigation Ltd.), Versus Technology Inc., Vizbee RFID Systems Ltd. and Zebra Technologies Corporation, this research is available at http://www.reportsnreports.com/reports/267892-hospital-asset-management-market-pharmaceutical-wi-fi-rtls-rfid-tags-active-passive-software-ir-ultrasound-equipment-patient-tracking-staff-safety-temperature-humidity-monitoring-drug-counterfeit-global-forecast-to-2017.html.

Explore more reports on the healthcare IT market and related segments at http://www.reportsnreports.com/tags/healthcare-it-market-research.html.

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