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Real-Time Location Systems (RTLS) Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast To 2025
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Description

RTLS or Real Time Location System is a combination of hardware, software and service components, which is used for the realtime monitoring, tracking and management of equipments, patients, and staff personnels. The Real Time Location Systems find applications in civil as well as military healthcare facilities. With continuous advancements in healthcare technology, the RLTS are finding increase in adoption in many parts of the world, with developed countries at the pioneering position. Additionally, increasing penetration of Internet of Thing applications in the healthcare industry, is fueling the growth of RLTS market for Healthcare.

The RTLS Market for Healthcare analysis is segmented by product type, technology, facility type, application, and geography. On the basis of product type segment, the market is segmented into hardware, software, and services. The hardware product sub-segment is divided into tags/badges, readers/trackers/access points, and others. Similarly, the software product sub-segment is segmented into application, middleware, and location analytics engine. The services sub-segment is further segmented into consulting, support and maintenance,and deployment & integration services. Among the product type segment, hardware segment contributed a largest market share toward the market in 2017 and is anticipated to undergow steady growth during the forecast period in terms of volume consumption over the globe.

On the basis of technology segment, the market is segmented into RFID, Wi-Fi, UWB, BLE, Infrared (IR), Ultrasound, and Other technologies. Similarly, on the basis of type of facility, the market is segmented into hospitals & healthcare facilities, and senior living facilities. In the facility type segment, the market was dominated by hospital & healthcate facilities in 2017. On the basis of applications, the RTLS market for healthcare is segmented into inventory/asset - tracking and management, personel/staff - locating and monitoring,security & access control, environment monitoring, supply chain management, operation automation/visibility, and others. The environmental monitoring applications are segmented into temperature monitoring, and humidity and air pressure monitoring. By geography, the RTLS Market for Healthcare is segmented into. North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Owing to the presence of large number of healthcare facilitiises in the United States, North America contributed the largest market share to the global RTLS market for healthcare. Additionally, Europe and North America are expected to show steady growth during the years to come. India, China, Japan, and other South Asian countries are anticipated to grow at a exponential rate during the forecast period, with China being the leading market with increase in number of it’s aeging population, along with the need for its ever-growing population. South Africa is also expected to offer good potential for the RTLS Market for Healthcare in the years to come with increasing development and investments in the healthcare industry.

Some of the companies in the RTLS Market for Healthcare market are Airista, Aruba Networks, Borda Technology, Centrak, Cerner Corp., Cetani Corp., Decawave, Ge Healthcare, Identec Group, Impinj, Intelligent Insites, Mojix, Redpine Signals, Sanitag, Secure Care Products, Sonitor Technologies, Stanley Healthcare, Teletracking Technologies, Versus Technology, and Zebra Technologies, among others. The major companies operating in the global RTLS Market for Healthcare are focusing to enhance their product offerings to be the top contenders in the market.

Table of Content

  1. EXECUTIVE SUMMARY
  2. RESEARCH METHODOLOGY
    1. Market Definition
    2. Market Scope
    3. Data Sources
  3. MARKET DYNAMICS
    1. Market Drivers
    2. Market Restraints
    3. Market Opportunities
  4. INDUSTRY OVERVIEW
    1. Value Chain Analysis
    2. Porter’s Five Forces Analysis
    3. Key Trends
  5. GLOBAL RTLS MARKET FOR HEALTHCARE BY PRODUCT TYPE (2018-2026)
    1. Global RTLS Market for Healthcare Market by Hardware
      1. Global RTLS Market for Healthcare by Tags/Badges
      2. Global RTLS Market for Healthcare by Readers/Trackers/Access Points
      3. Global RTLS Market for Healthcare by Others
    2. Global RTLS Market for Healthcare Market by Software
      1. Global RTLS Market for Healthcare by Application
      2. Global RTLS Market for Healthcare by Middleware
      3. Global RTLS Market for Healthcare by Location Analytics Engine
    3. Global RTLS Market for Healthcare Market by Services
      1. Global RTLS Market for Healthcare by Consulting
      2. Global RTLS Market for Healthcare by Support and Maintenance
      3. Global RTLS Market for Healthcare by Deployment & Integration
  6. GLOBAL RTLS MARKET FOR HEALTHCARE BY TECHNOLOGY (2018-2026)
    1. Global RTLS Market for Healthcare by RFID
    2. Global RTLS Market for Healthcare by Wi-Fi
    3. Global RTLS Market for Healthcare by UWB
    4. Global RTLS Market for Healthcare by BLE
    5. Global RTLS Market for Healthcare by Infrared (IR)
    6. Global RTLS Market for Healthcare by Ultrasound
    7. Global RTLS Market for Healthcare by Others
  7. GLOBAL RTLS MARKET FOR HEALTHCARE BY FACILITY TYPE (2018-2026)
    1. Global RTLS Market for Healthcare Market by Hospitals and Healthcare Facilities
    2. Global RTLS Market for Healthcare Market by Senior Living Facilities
  8. GLOBAL RTLS MARKET FOR HEALTHCARE BY APPLICATION (2018-2026)
    1. Global RTLS Market for Healthcare Market by Asset Tracking and Management
    2. Global RTLS Market for Healthcare Market by Staff Locating and Monitoring
    3. Global RTLS Market for Healthcare Market by Security & Access Control
    4. Global RTLS Market for Healthcare Market by Environment Monitoring
    5. Global RTLS Market for Healthcare Market by Supply Chain Management
    6. Global RTLS Market for Healthcare Market by Operation Automation
    7. Global RTLS Market for Healthcare Market by Others
  9. GLOBAL RTLS MARKET FOR HEALTHCARE, BY REGIONS (2018-2026)
    1. North America RTLS Market for Healthcare Market
      1. North America RTLS Market for Healthcare by Product Type
      2. North America RTLS Market for Healthcare by Technology
      3. North America RTLS Market for Healthcare by Facility Type
      4. North America RTLS Market for Healthcare by Application
      5. North America RTLS Market for Healthcare Market by Country
        1. U.S. RTLS Market for Healthcare Market
        2. Rest of North America RTLS Market for Healthcare Market
    2. Europe RTLS Market for Healthcare Market
      1. Europe RTLS Market for Healthcare by Product Type
      2. Europe RTLS Market for Healthcare by Technology
      3. Europe RTLS Market for Healthcare by Facility Type
      4. Europe RTLS Market for Healthcare by Application
      5. Europe RTLS Market for Healthcare Market by Country
        1. France RTLS Market for Healthcare Market
        2. Germany RTLS Market for Healthcare Market
        3. U.K RTLS Market for Healthcare Market
        4. Rest of Europe RTLS Market for Healthcare Market
    3. Asia Pacific RTLS Market for Healthcare Market
      1. Asia Pacific RTLS Market for Healthcare by Product Type
      2. Asia Pacific RTLS Market for Healthcare by Technology
      3. Asia Pacific RTLS Market for Healthcare by Facility Type
      4. Asia Pacific RTLS Market for Healthcare by Application
      5. Asia-Pacific RTLS Market for Healthcare Market by Country
        1. China RTLS Market for Healthcare Market
        2. Japan RTLS Market for Healthcare Market
        3. India RTLS Market for Healthcare Market
        4. Rest of Asia Pacific RTLS Market for Healthcare Market
    4. Middle East & Africa RTLS Market for Healthcare Market
      1. Middle East & Africa RTLS Market for Healthcare by Product Type
      2. Middle East & Africa RTLS Market for Healthcare by Technology
      3. Middle East & Africa RTLS Market for Healthcare by Facility Type
      4. Middle East & Africa RTLS Market for Healthcare by Application
      5. Middle East & Africa RTLS Market for Healthcare Market by Country
        1. GCC RTLS Market for Healthcare Market
        2. North Africa RTLS Market for Healthcare Market
        3. South Africa RTLS Market for Healthcare Market
        4. Rest of Middle East & Africa RTLS Market for Healthcare Market
    5. Latin America RTLS Market for Healthcare Market
      1. Latin America RTLS Market for Healthcare by Product Type
      2. Latin America RTLS Market for Healthcare by Technology
      3. Latin America RTLS Market for Healthcare by Facility Type
      4. Latin America RTLS Market for Healthcare by Application
      5. Latin America RTLS Market for Healthcare Market by Country
        1. Brazil RTLS Market for Healthcare Market
        2. Rest of Latin America RTLS Market for Healthcare Market
  10. MARKET COMPETITION ANALYSIS
    1. Market Share/Positioning Analysis
    2. Key Innovators
    3. Company Profiles
      1. Stanley Healthcare.
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      2. Zebra Technologies
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      3. Aruba Networks
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      4. Teletracking Technologies
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      5. Centrak
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      6. Impinj
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      7. Airista
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      8. Sonitor Technologies
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      9. Versus Technology
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments
      10. Identec Group
        1. Overview
        2. Type/Service Offerings
        3. Strategy
        4. Key Developments

Research Methodology

This research study involved the usage of extensive secondary sources; directories; databases such as Hoovers, Bloomberg Business, Factiva, and Avention; white papers; annual reports; company house documents; and SEC filings of companies. Secondary research was mainly used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the market. It was also used to obtain key information about the market classification and segmentation according to the industry trends, regional markets, and developments related to the market and technology perspectives. Primary sources were mainly several industry experts from core and related industries; and preferred suppliers, manufacturers, distributors, service providers, technology developers, researchers, and organizations related to all segments of this industry‘s value chain. In-depth interviews were conducted from various primary respondents which included key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure shows the market research methodology applied in making this report.



After the complete market engineering (which includes calculations for market statistics, market breakdown, market size estimation, market forecasting, and data triangulation), extensive primary research was conducted to gather information and to verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types and key market dynamics such as drivers, restraints, and opportunities.

In the complete market engineering process, both top-down and bottom-up approaches were extensively used along with several data triangulation methods to perform market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report.

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