U.S. Real Time Location System (RTLS) in Healthcare Market - Forecast(2019 - 2024)

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U.S. Real Time Location System in Healthcare Market Overview
The U.S. Real-time Location in Healthcare Market was valued at $445.31m in 2017 and is expected to reach $862.75m by 2023, growing at a CAGR OF 9.7% during the forecast period 2018–2023. The U.S. accounted for65% of the market share in the North-America region in 2017. RTLS helps in enhancing the growth of an organization by reducing patient queuing, and providing patient satisfaction and workflow optimization. These advantages are helping the U.S. RTLS in Healthcare market thrive.

U.S. Real Time Location System in Healthcare Market Outlook
Real-time locating systems are systems used for tracking and identification of the location of assets or persons in real time or near real-time. An RTLS consists of specialized fixed receivers or readers that receive wireless signals from small ID badges or tags attached to objects of interest and/or persons, to determine where the tagged entities are located within a building or some other confined indoor or outdoor space. 

In healthcare, an RTLS is used to provide immediate or real-time tracking and management of medical equipment, staff, and patients within all types of patient care environments.

U.S. Real Time Location System in Healthcare Market Growth Drivers
RTLS adoption till date has been limited. However, with evolving technology and more companies starting to realize the benefits of adopting RTLS to cut down the expenses incurred on employing people for monitoring and maintaining the hospital premises, the U.S. Real-time Location in Healthcare market is expected to grow during the forecast period.

U.S. Real Time Location System in Healthcare Market Challenges 
Currently there are two major drawbacks with wideband based tags which are energy detector based systems with limited range and narrowband tags do not provide accuracy which some applications require. The second drawback includes the tags that are power hungry and are large in size. Hence, the major challenges for RTLS would be accuracy, power consumption and tradeoff.
U.S. Real Time Location System in Healthcare Market, Global, 2016–2020.
 


U.S. Real Time Location System in Healthcare Market Research Scope
The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the real time location system market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Real Time Location Systems adopted in the U.S. Healthcare market.

U.S. Real Time Location System in Healthcare Market Report: Industry Coverage

Technologies of U.S. Real Time Location System in Healthcare: Passive RFID, Active RFID

Applications of U.S. Real Time Location System in Healthcare: Asset tracking, Inventory Tracking, Personal tracking, safety tracking, temperature tracking, others.

Usage of U.S. Real Time Location System in Healthcare 
Hospitals, emergency medical services, Laboratories, Elder care facilities

The U.S. Real Time Location System in Healthcare market report also analyzes the major geographic regions for the market. The regions covered in the study include:
  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia

U.S. Real Time Location System in Healthcare Market Key Players Perspective
Leading companies in the U.S such as general electric, zebra Technology Corporation, Stanley healthcare and others are projected to boost the demand for RTLS solutions. These top companies in the U.S held the major market share of 52% in 2017. Some of the otehr companies referred to in the market research report include CenTrak, Teletracking Technologies, wlett Packard Development Company, Skytron LLC, Siemens Healthcare, Zebra Technologies, and Sonitor Technologies.

U.S. Real Time Location System in Healthcare Market Trends
  • The cables and wires used in hospitals are being replaced by wireless sensor technolog. This improves the comfort level of patients and enables the staff in the hospitals to more easily assist them and help them move in a flexible manner. The RTLS implemented in hospitals and clinics allows the staff in patient monitoring and tracking. The Hospitals segment held the major market revenue share of $113.18m in 2016 and is expected to grow at a CAGR of 8% during the forecast period.
  • Guard RFID came up with a new real-time location platform called AllGuard, which is a multi-purpose enterprise that supports an infinite number of staff, patient, asset, and visitor related applications. It offers safety, security and RTLS functionality in one integrated system and includes both outdoor and indoor detection.
  • Patients can request for amenities and get them in a shorter span of time, and also, the doctors and nurses can have a better record of patient activity by implementing RTLS.
  • Recent developments such as cloud-based and Bluetooth low energy are mostly being used by the hospitals as they eliminate the need for hospitals to maintain the infrastructure of the server and manage software updates.
1. U.S. Real Time Location System (RTLS) in Healthcare Market Overview
2. U.S. Real Time Location System (RTLS) in Healthcare Market Executive Summary
3. U.S. Real Time Location System (RTLS) in Healthcare Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End User Profiling
3.2.3. Top 5 Financials Analysis
4. U.S. Real Time Location System (RTLS) in Healthcare Market Forces
4.1. Market Drivers
4.2. Market Constraints & Challenges
4.3. Attractiveness of the RTLS in Healthcare Industry 
4.3.1. Power of Suppliers
4.3.2. Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitute
4.3.5. Degree of Competition
5. U.S. Real Time Location System (RTLS) in Healthcare Market Strategic Analysis
5.1. Introduction
5.2. Value Chain Analysis
5.3. Opportunities Analysis
5.4. Product/Market Lifecycle Analysis
5.5. Suppliers and Distributors
6. U.S. Real Time Location System (RTLS) in Healthcare Market - By Application
6.1. Introduction
6.2. Asset/Inventory Tracking
6.3. Work in Progress Tracking
6.4. Personnel Tracking & Staff Tracking
6.5. Patients Activity and Safety Tracking
6.6. Temperature and Humidity Monitoring
6.7. Hand-Hygiene Tracking
6.8. Others
7. U.S. Real Time Location System (RTLS) in Healthcare Market - By Components
7.1. Introduction
7.2. Tags
7.3. Software
7.4. Sensors
7.5. Services
8. U.S. Real Time Location System (RTLS) in Healthcare Market - By Hardware, Technology & Components
8.1. Introduction
8.2. Passive RFID
8.3. Active RFID
8.3.1. Bluetooth
8.3.2. GPS (Global Positing System)
8.3.3. UWB (Ultra Wideband)
8.3.4. Wi-Fi
8.3.5. Infrared
8.3.6. Ultrasound
8.3.7. Zigbee
8.3.8. Others (servers, middleware, readers, exciters, etc.)
9. U.S. Real Time Location System (RTLS) in Healthcare Market - By End User
9.1. Introduction
9.2. Hospitals
9.2.1. Super Specialty Hospital
9.2.1.1. Asset/Inventory Tracking
9.2.1.1.1. Tags 
9.2.1.1.2. Software
9.2.1.1.3. Sensors
9.2.1.1.4. Services
9.2.1.1.5. Passive RFID
9.2.1.1.6. Active RFID
9.2.1.1.7. Others
9.2.1.2. Work in Progress Tracking
9.2.1.2.1. Tags 
9.2.1.2.2. Software
9.2.1.2.3. Sensors
9.2.1.2.4. Services
9.2.1.2.5. Passive RFID
9.2.1.2.6. Active RFID
9.2.1.2.7. Others
9.2.1.3. Personnel Tracking & Staff Tracking
9.2.1.3.1. Tags 
9.2.1.3.2. Software
9.2.1.3.3. Sensors
9.2.1.3.4. Services
9.2.1.3.5. Passive RFID
9.2.1.3.6. Active RFID
9.2.1.3.7. Others
9.2.1.4. Patients Activity and Safety Tracking
9.2.1.4.1. Tags 
9.2.1.4.2. Software
9.2.1.4.3. Sensors
9.2.1.4.4. Services
9.2.1.4.5. Passive RFID
9.2.1.4.6. Active RFID
9.2.1.4.7. Others
9.2.1.5. Temperature and Humidity Monitoring
9.2.1.5.1. Tags 
9.2.1.5.2. Software
9.2.1.5.3. Sensors
9.2.1.5.4. Services
9.2.1.5.5. Passive RFID
9.2.1.5.6. Active RFID
9.2.1.5.7. Others
9.2.1.6. Hand-Hygiene Tracking
9.2.1.6.1. Tags 
9.2.1.6.2. Software
9.2.1.6.3. Sensors
9.2.1.6.4. Services
9.2.1.6.5. Passive RFID
9.2.1.6.6. Active RFID
9.2.1.6.7. Others
9.2.2. Specialty hospital
9.2.2.1. Specialty Hospital 
9.2.2.2. Asset/Inventory Tracking
9.2.2.2.1. Tags 
9.2.2.2.2. Software
9.2.2.2.3. Sensors
9.2.2.2.4. Services
9.2.2.2.5. Passive RFID
9.2.2.2.6. Active RFID
9.2.2.2.7. Others
9.2.2.3. Work in Progress Tracking
9.2.2.3.1. Tags 
9.2.2.3.2. Software
9.2.2.3.3. Sensors
9.2.2.3.4. Services
9.2.2.3.5. Passive RFID
9.2.2.3.6. Active RFID
9.2.2.3.7. Others
9.2.2.4. Personnel Tracking & Staff Tracking
9.2.2.4.1. Tags 
9.2.2.4.2. Software
9.2.2.4.3. Sensors
9.2.2.4.4. Services
9.2.2.4.5. Passive RFID
9.2.2.4.6. Active RFID
9.2.2.4.7. Others
9.2.2.5. Patients Activity and Safety Tracking
9.2.2.5.1. Tags 
9.2.2.5.2. Software
9.2.2.5.3. Sensors
9.2.2.5.4. Services
9.2.2.5.5. Passive RFID
9.2.2.5.6. Active RFID
9.2.2.5.7. Others
9.2.2.6. Temperature and Humidity Monitoring
9.2.2.6.1. Tags 
9.2.2.6.2. Software
9.2.2.6.3. Sensors
9.2.2.6.4. Services
9.2.2.6.5. Passive RFID
9.2.2.6.6. Active RFID
9.2.2.6.7. Others
9.2.2.7. Hand-Hygiene Tracking
9.2.2.7.1. Tags 
9.2.2.7.2. Software
9.2.2.7.3. Sensors
9.2.2.7.4. Services
9.2.2.7.5. Passive RFID
9.2.2.7.6. Active RFID
9.2.2.7.7. Others
9.2.3. General Hospital
9.2.3.1. General Hospital 
9.2.3.2. Asset/Inventory Tracking
9.2.3.2.1. Tags 
9.2.3.2.2. Software
9.2.3.2.3. Sensors
9.2.3.2.4. Services
9.2.3.2.5. Passive RFID
9.2.3.2.6. Active RFID
9.2.3.2.7. Others
9.2.3.3. Work in Progress Tracking
9.2.3.3.1. Tags 
9.2.3.3.2. Software
9.2.3.3.3. Sensors
9.2.3.3.4. Services
9.2.3.3.5. Passive RFID
9.2.3.3.6. Active RFID
9.2.3.3.7. Others
9.2.3.4. Personnel Tracking & Staff Tracking
9.2.3.4.1. Tags 
9.2.3.4.2. Software
9.2.3.4.3. Sensors
9.2.3.4.4. Services
9.2.3.4.5. Passive RFID
9.2.3.4.6. Active RFID
9.2.3.4.7. Others
9.2.3.5. Patients Activity and Safety Tracking
9.2.3.5.1. Tags 
9.2.3.5.2. Software
9.2.3.5.3. Sensors
9.2.3.5.4. Services
9.2.3.5.5. Passive RFID
9.2.3.5.6. Active RFID
9.2.3.5.7. Others
9.2.3.6. Temperature and Humidity Monitoring
9.2.3.6.1. Tags 
9.2.3.6.2. Software
9.2.3.6.3. Sensors
9.2.3.6.4. Services
9.2.3.6.5. Passive RFID
9.2.3.6.6. Active RFID
9.2.3.6.7. Others
9.2.3.7. Hand-Hygiene Tracking
9.2.3.7.1. Tags 
9.2.3.7.2. Software
9.2.3.7.3. Sensors
9.2.3.7.4. Services
9.2.3.7.5. Passive RFID
9.2.3.7.6. Active RFID
9.2.3.7.7. Others
9.3. Emergency Medical Services
9.3.1. Emergency Medical Services
9.3.1.1. Asset/Inventory Tracking
9.3.1.1.1. Tags 
9.3.1.1.2. Software
9.3.1.1.3. Sensors
9.3.1.1.4. Services
9.3.1.1.5. Passive RFID
9.3.1.1.6. Active RFID
9.3.1.1.7. Others
9.3.1.2. Work in Progress Tracking
9.3.1.2.1. Tags 
9.3.1.2.2. Software
9.3.1.2.3. Sensors
9.3.1.2.4. Services
9.3.1.2.5. Passive RFID
9.3.1.2.6. Active RFID
9.3.1.2.7. Others
9.3.1.3. Personnel Tracking & Staff Tracking
9.3.1.3.1. Tags 
9.3.1.3.2. Software
9.3.1.3.3. Sensors
9.3.1.3.4. Services
9.3.1.3.5. Passive RFID
9.3.1.3.6. Active RFID
9.3.1.3.7. Others
9.3.1.4. Patients Activity and Safety Tracking
9.3.1.4.1. Tags 
9.3.1.4.2. Software
9.3.1.4.3. Sensors
9.3.1.4.4. Services
9.3.1.4.5. Passive RFID
9.3.1.4.6. Active RFID
9.3.1.4.7. Others
9.3.1.5. Temperature and Humidity Monitoring
9.3.1.5.1. Tags 
9.3.1.5.2. Software
9.3.1.5.3. Sensors
9.3.1.5.4. Services
9.3.1.5.5. Passive RFID
9.3.1.5.6. Active RFID
9.3.1.5.7. Others
9.3.1.6. Hand-Hygiene Tracking
9.3.1.6.1. Tags 
9.3.1.6.2. Software
9.3.1.6.3. Sensors
9.3.1.6.4. Services
9.3.1.6.5. Passive RFID
9.3.1.6.6. Active RFID
9.3.1.7. Others
9.4. Laboratories
9.4.1. Laboratories
9.4.1.1. Asset/Inventory Tracking
9.4.1.1.1. Tags 
9.4.1.1.2. Software
9.4.1.1.3. Sensors
9.4.1.1.4. Services
9.4.1.1.5. Passive RFID
9.4.1.1.6. Active RFID
9.4.1.1.7. Others
9.4.1.2. Work in Progress Tracking
9.4.1.2.1. Tags 
9.4.1.2.2. Software
9.4.1.2.3. Sensors
9.4.1.2.4. Services
9.4.1.2.5. Passive RFID
9.4.1.2.6. Active RFID
9.4.1.2.7. Others
9.4.1.3. Personnel Tracking & Staff Tracking
9.4.1.3.1. Tags 
9.4.1.3.2. Software
9.4.1.3.3. Sensors
9.4.1.3.4. Services
9.4.1.3.5. Passive RFID
9.4.1.3.6. Active RFID
9.4.1.3.7. Others
9.4.1.4. Patients Activity and Safety Tracking
9.4.1.4.1. Tags 
9.4.1.4.2. Software
9.4.1.4.3. Sensors
9.4.1.4.4. Services
9.4.1.4.5. Passive RFID
9.4.1.4.6. Active RFID
9.4.1.4.7. Others
9.4.1.5. Temperature and Humidity Monitoring
9.4.1.5.1. Tags 
9.4.1.5.2. Software
9.4.1.5.3. Sensors
9.4.1.5.4. Services
9.4.1.5.5. Passive RFID
9.4.1.5.6. Active RFID
9.4.1.5.7. Others
9.4.1.6. Hand-Hygiene Tracking
9.4.1.6.1. Tags 
9.4.1.6.2. Software
9.4.1.6.3. Sensors
9.4.1.6.4. Services
9.4.1.6.5. Passive RFID
9.4.1.6.6. Active RFID
9.4.1.7. Others
9.5. Elder Care Facility
9.5.1. Elder Care Facility
9.5.1.1. Asset/Inventory Tracking
9.5.1.1.1. Tags 
9.5.1.1.2. Software
9.5.1.1.3. Sensors
9.5.1.1.4. Services
9.5.1.1.5. Passive RFID
9.5.1.1.6. Active RFID
9.5.1.1.7. Others
9.5.1.2. Work in Progress Tracking
9.5.1.2.1. Tags 
9.5.1.2.2. Software
9.5.1.2.3. Sensors
9.5.1.2.4. Services
9.5.1.2.5. Passive RFID
9.5.1.2.6. Active RFID
9.5.1.2.7. Others
9.5.1.3. Personnel Tracking & Staff Tracking
9.5.1.3.1. Tags 
9.5.1.3.2. Software
9.5.1.3.3. Sensors
9.5.1.3.4. Services
9.5.1.3.5. Passive RFID
9.5.1.3.6. Active RFID
9.5.1.3.7. Others
9.5.1.4. Patients Activity and Safety Tracking
9.5.1.4.1. Tags 
9.5.1.4.2. Software
9.5.1.4.3. Sensors
9.5.1.4.4. Services
9.5.1.4.5. Passive RFID
9.5.1.4.6. Active RFID
9.5.1.4.7. Others
9.5.1.5. Temperature and Humidity Monitoring
9.5.1.5.1. Tags 
9.5.1.5.2. Software
9.5.1.5.3. Sensors
9.5.1.5.4. Services
9.5.1.5.5. Passive RFID
9.5.1.5.6. Active RFID
9.5.1.5.7. Others
9.5.1.6. Hand-Hygiene Tracking
9.5.1.6.1. Tags 
9.5.1.6.2. Software
9.5.1.6.3. Sensors
9.5.1.6.4. Services
9.5.1.6.5. Passive RFID
9.5.1.6.6. Active RFID
9.5.1.6.7. Others
10. U.S. Real Time Location System (RTLS) in Healthcare Market Entropy
11. U.S. Real Time Location System (RTLS) in Healthcare Market Company Profiles
11.1. Hewlett Packard Development Company
11.2. Zebra Technologies
11.3. TeleTracking Technologies, Inc.
11.4. Versus Technologies Inc.
11.5. Mojix Inc.
11.6. Skytron LLC.
"*Financials would be provided on a best efforts basis for private companies"
12. Appendix
12.1. Abbreviations
12.2. Sources
12.3. Research Methodology
12.4. Bibliography
12.5. Compilation of Expert Insights
12.6. Disclaimer