The North America RTLS In Healthcare Market would witness market growth of 17.4% CAGR during the forecast period (2023-2030).
The healthcare industry has always been at the forefront of adopting cutting-edge technologies to enhance patient care, streamline operations, and improve overall efficiency. Among the myriad technological advancements that have significantly impacted healthcare, real-time location systems (RTLS) have emerged as a transformative force. The unique features of RTLS, a technology created for logistical and military purposes, transform how hospitals and other healthcare institutions function in the healthcare industry.
Additionally, RTLS technology leverages hardware, such as tags, sensors, and software, to provide real-time visibility and tracking of assets, individuals, and equipment within a defined space. In the healthcare sector, the applications of RTLS are diverse and far-reaching, significantly improving patient care, asset management, and the overall operational efficiency of healthcare facilities. One of the primary applications of RTLS in healthcare is asset tracking. Hospitals and clinics often deal with a vast array of equipment, from wheelchairs to medical devices. RTLS allows real-time monitoring of these assets, enabling healthcare providers to locate essential items precisely when needed. This leads to a reduction in equipment loss, improved utilization, and streamlined workflows, which, in turn, enhances patient care.
In accordance with the Centers for Medicare & Medicaid Services of the Government of the United States, spending on healthcare in the United States increased by 2.7 percent in 2021 to $4.3 trillion, or $12,914 per person. Spending on healthcare accounted for 18.3 percent of the country's GDP. Moreover, Canada's population is growing, and it is also aging. The aging demographic places a higher demand on healthcare services, including hospitals, long-term care facilities, and specialized treatment centers. Thus, rising healthcare sector investment in North America is expected to boost the expansion of the market in the region.
The US market dominated the North America RTLS In Healthcare Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,050.5 million by 2030. The Canada market is experiencing a CAGR of 20.1% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 19% during (2023 - 2030).
Based on Facility Type, the market is segmented Hospitals & Healthcare Facilities, and Senior Living Facilities. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Technology, the market is segmented into RFID, Wi-Fi, UWB, BLE, and Others. Based on Application, the market is segmented into Inventory/Asset Tracking & Management, Personnel Locating & Monitoring, Access Control & Security, Environmental Monitoring, Supply Chain Management & Automation, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The RTLS In Healthcare Market is Predict to reach $7.2 Billion by 2030, at a CAGR of 18.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Securitas Healthcare, LLC, Zebra Technologies Corporation, Aruba Networks, Impinj, Inc., Savi Technology, Inc., Advantech Co., Ltd., Cerner Corporation, TeleTracking Technologies, Inc., CenTrak, Inc. and Ubisense Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Facility Type
- Hospitals & Healthcare Facilities
- Senior Living Facilities
By Component
- Hardware
- Software
- Services
By Technology
- RFID
- Wi-Fi
- UWB
- BLE
- Others
By Application
- Inventory/Asset Tracking & Management
- Personnel Locating & Monitoring
- Access Control & Security
- Environmental Monitoring
- Supply Chain Management & Automation
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Securitas Healthcare, LLC
- Zebra Technologies Corporation
- Aruba Networks
- Impinj, Inc.
- Savi Technology, Inc.
- Advantech Co., Ltd.
- Cerner Corporation
- TeleTracking Technologies, Inc.
- CenTrak, Inc.
- Ubisense Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America RTLS In Healthcare Market, by Facility Type
1.4.2 North America RTLS In Healthcare Market, by Component
1.4.3 North America RTLS In Healthcare Market, by Technology
1.4.4 North America RTLS In Healthcare Market, by Application
1.4.5 North America RTLS In Healthcare Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Nov – 2023, Sep) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. North America RTLS In Healthcare Market by Facility Type
5.1 North America Hospitals & Healthcare Facilities Market by Region
5.2 North America Senior Living Facilities Market by Region
Chapter 6. North America RTLS In Healthcare Market by Component
6.1 North America Hardware Market by Country
6.2 North America Software Market by Country
6.3 North America Services Market by Country
Chapter 7. North America RTLS In Healthcare Market by Technology
7.1 North America RFID Market by Country
7.2 North America Wi-Fi Market by Country
7.3 North America UWB Market by Country
7.4 North America BLE Market by Country
7.5 North America Others Market by Country
Chapter 8. North America RTLS In Healthcare Market by Application
8.1 North America Inventory/Asset Tracking & Management Market by Country
8.2 North America Personnel Locating & Monitoring Market by Country
8.3 North America Access Control & Security Market by Country
8.4 North America Environmental Monitoring Market by Country
8.5 North America Supply Chain Management & Automation Market by Country
8.6 North America Others Market by Country
Chapter 9. North America RTLS In Healthcare Market by Country
9.1 US RTLS In Healthcare Market
9.1.1 US RTLS In Healthcare Market by Facility Type
9.1.2 US RTLS In Healthcare Market by Component
9.1.3 US RTLS In Healthcare Market by Technology
9.1.4 US RTLS In Healthcare Market by Application
9.2 Canada RTLS In Healthcare Market
9.2.1 Canada RTLS In Healthcare Market by Facility Type
9.2.2 Canada RTLS In Healthcare Market by Component
9.2.3 Canada RTLS In Healthcare Market by Technology
9.2.4 Canada RTLS In Healthcare Market by Application
9.3 Mexico RTLS In Healthcare Market
9.3.1 Mexico RTLS In Healthcare Market by Facility Type
9.3.2 Mexico RTLS In Healthcare Market by Component
9.3.3 Mexico RTLS In Healthcare Market by Technology
9.3.4 Mexico RTLS In Healthcare Market by Application
9.4 Rest of North America RTLS In Healthcare Market
9.4.1 Rest of North America RTLS In Healthcare Market by Facility Type
9.4.2 Rest of North America RTLS In Healthcare Market by Component
9.4.3 Rest of North America RTLS In Healthcare Market by Technology
9.4.4 Rest of North America RTLS In Healthcare Market by Application
Chapter 10. Company Profiles
10.1 Securitas Healthcare, LLC (Securitas AB)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Recent strategies and developments:
10.1.4.1 Partnerships, Collaborations, and Agreements:
10.1.5 SWOT Analysis
10.2 Zebra Technologies Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 Aruba Networks (Hewlett Packard Enterprise Company)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Impinj, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 Savi Technology, Inc.
10.5.1 Company Overview
10.5.2 SWOT Analysis
10.6 Advantech Co., Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 Oracle Corporation (Cerner Corporation)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.6 SWOT Analysis
10.8 TeleTracking Technologies, Inc
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.3 SWOT Analysis
10.9 CenTrak Inc. (Halma Plc)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.9.5.3 Acquisition and Mergers:
10.9.6 SWOT Analysis
10.10. Ubisense Ltd.
10.10.1 Company Overview
10.10.2 SWOT Analysis
TABLE 1 North America RTLS In Healthcare Market, 2019 - 2022, USD Million
TABLE 2 North America RTLS In Healthcare Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– RTLS In Healthcare Market
TABLE 4 Product Launches And Product Expansions– RTLS In Healthcare Market
TABLE 5 Acquisition and Mergers– RTLS In Healthcare Market
TABLE 6 North America RTLS In Healthcare Market by Facility Type, 2019 - 2022, USD Million
TABLE 7 North America RTLS In Healthcare Market by Facility Type, 2023 - 2030, USD Million
TABLE 8 North America Hospitals & Healthcare Facilities Market by Region, 2019 - 2022, USD Million
TABLE 9 North America Hospitals & Healthcare Facilities Market by Region, 2023 - 2030, USD Million
TABLE 10 North America Senior Living Facilities Market by Region, 2019 - 2022, USD Million
TABLE 11 North America Senior Living Facilities Market by Region, 2023 - 2030, USD Million
TABLE 12 North America RTLS In Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 13 North America RTLS In Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 14 North America Hardware Market by Country, 2019 - 2022, USD Million
TABLE 15 North America Hardware Market by Country, 2023 - 2030, USD Million
TABLE 16 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 17 North America Software Market by Country, 2023 - 2030, USD Million
TABLE 18 North America Services Market by Country, 2019 - 2022, USD Million
TABLE 19 North America Services Market by Country, 2023 - 2030, USD Million
TABLE 20 North America RTLS In Healthcare Market by Technology, 2019 - 2022, USD Million
TABLE 21 North America RTLS In Healthcare Market by Technology, 2023 - 2030, USD Million
TABLE 22 North America RFID Market by Country, 2019 - 2022, USD Million
TABLE 23 North America RFID Market by Country, 2023 - 2030, USD Million
TABLE 24 North America Wi-Fi Market by Country, 2019 - 2022, USD Million
TABLE 25 North America Wi-Fi Market by Country, 2023 - 2030, USD Million
TABLE 26 North America UWB Market by Country, 2019 - 2022, USD Million
TABLE 27 North America UWB Market by Country, 2023 - 2030, USD Million
TABLE 28 North America BLE Market by Country, 2019 - 2022, USD Million
TABLE 29 North America BLE Market by Country, 2023 - 2030, USD Million
TABLE 30 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 31 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 32 North America RTLS In Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 33 North America RTLS In Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 34 North America Inventory/Asset Tracking & Management Market by Country, 2019 - 2022, USD Million
TABLE 35 North America Inventory/Asset Tracking & Management Market by Country, 2023 - 2030, USD Million
TABLE 36 North America Personnel Locating & Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 37 North America Personnel Locating & Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 38 North America Access Control & Security Market by Country, 2019 - 2022, USD Million
TABLE 39 North America Access Control & Security Market by Country, 2023 - 2030, USD Million
TABLE 40 North America Environmental Monitoring Market by Country, 2019 - 2022, USD Million
TABLE 41 North America Environmental Monitoring Market by Country, 2023 - 2030, USD Million
TABLE 42 North America Supply Chain Management & Automation Market by Country, 2019 - 2022, USD Million
TABLE 43 North America Supply Chain Management & Automation Market by Country, 2023 - 2030, USD Million
TABLE 44 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 45 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 46 North America RTLS In Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 47 North America RTLS In Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 48 US RTLS In Healthcare Market, 2019 - 2022, USD Million
TABLE 49 US RTLS In Healthcare Market, 2023 - 2030, USD Million
TABLE 50 US RTLS In Healthcare Market by Facility Type, 2019 - 2022, USD Million
TABLE 51 US RTLS In Healthcare Market by Facility Type, 2023 - 2030, USD Million
TABLE 52 US RTLS In Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 53 US RTLS In Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 54 US RTLS In Healthcare Market by Technology, 2019 - 2022, USD Million
TABLE 55 US RTLS In Healthcare Market by Technology, 2023 - 2030, USD Million
TABLE 56 US RTLS In Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 57 US RTLS In Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 58 Canada RTLS In Healthcare Market, 2019 - 2022, USD Million
TABLE 59 Canada RTLS In Healthcare Market, 2023 - 2030, USD Million
TABLE 60 Canada RTLS In Healthcare Market by Facility Type, 2019 - 2022, USD Million
TABLE 61 Canada RTLS In Healthcare Market by Facility Type, 2023 - 2030, USD Million
TABLE 62 Canada RTLS In Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 63 Canada RTLS In Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 64 Canada RTLS In Healthcare Market by Technology, 2019 - 2022, USD Million
TABLE 65 Canada RTLS In Healthcare Market by Technology, 2023 - 2030, USD Million
TABLE 66 Canada RTLS In Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 67 Canada RTLS In Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 68 Mexico RTLS In Healthcare Market, 2019 - 2022, USD Million
TABLE 69 Mexico RTLS In Healthcare Market, 2023 - 2030, USD Million
TABLE 70 Mexico RTLS In Healthcare Market by Facility Type, 2019 - 2022, USD Million
TABLE 71 Mexico RTLS In Healthcare Market by Facility Type, 2023 - 2030, USD Million
TABLE 72 Mexico RTLS In Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 73 Mexico RTLS In Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 74 Mexico RTLS In Healthcare Market by Technology, 2019 - 2022, USD Million
TABLE 75 Mexico RTLS In Healthcare Market by Technology, 2023 - 2030, USD Million
TABLE 76 Mexico RTLS In Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 77 Mexico RTLS In Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 78 Rest of North America RTLS In Healthcare Market, 2019 - 2022, USD Million
TABLE 79 Rest of North America RTLS In Healthcare Market, 2023 - 2030, USD Million
TABLE 80 Rest of North America RTLS In Healthcare Market by Facility Type, 2019 - 2022, USD Million
TABLE 81 Rest of North America RTLS In Healthcare Market by Facility Type, 2023 - 2030, USD Million
TABLE 82 Rest of North America RTLS In Healthcare Market by Component, 2019 - 2022, USD Million
TABLE 83 Rest of North America RTLS In Healthcare Market by Component, 2023 - 2030, USD Million
TABLE 84 Rest of North America RTLS In Healthcare Market by Technology, 2019 - 2022, USD Million
TABLE 85 Rest of North America RTLS In Healthcare Market by Technology, 2023 - 2030, USD Million
TABLE 86 Rest of North America RTLS In Healthcare Market by Application, 2019 - 2022, USD Million
TABLE 87 Rest of North America RTLS In Healthcare Market by Application, 2023 - 2030, USD Million
TABLE 88 Key Information – Securitas Healthcare, LLC
TABLE 89 Key information – Zebra Technologies Corporation
TABLE 90 Key Information – Aruba Networks
TABLE 91 Key Information – Impinj, Inc.
TABLE 92 Key Information – Savi Technology, Inc.
TABLE 93 Key Information – Advantech Co., Ltd.
TABLE 94 Key Information – Oracle Corporation
TABLE 95 Key Information – TeleTracking Technologies Inc.
TABLE 96 Key Information – CenTrak Inc.
TABLE 97 Key Information – Ubisense Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America RTLS In Healthcare Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the RTLS In Healthcare Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Nov – 2023, Sep) Leading Players
FIG 7 Porter’s Five Forces Analysis - RTLS In Healthcare Market
FIG 8 North America RTLS In Healthcare Market share by Facility Type, 2022
FIG 9 North America RTLS In Healthcare Market share by Facility Type, 2030
FIG 10 North America RTLS In Healthcare Market by Facility Type, 2019 - 2030, USD Million
FIG 11 North America RTLS In Healthcare Market share by Component, 2022
FIG 12 North America RTLS In Healthcare Market share by Component, 2030
FIG 13 North America RTLS In Healthcare Market by Component, 2019 - 2030, USD Million
FIG 14 North America RTLS In Healthcare Market share by Technology, 2022
FIG 15 North America RTLS In Healthcare Market share by Technology, 2030
FIG 16 North America RTLS In Healthcare Market by Technology, 2019 - 2030, USD Million
FIG 17 North America RTLS In Healthcare Market share by Application, 2022
FIG 18 North America RTLS In Healthcare Market share by Application, 2030
FIG 19 North America RTLS In Healthcare Market by Application, 2019 - 2030, USD Million
FIG 20 North America RTLS In Healthcare Market share by Country, 2022
FIG 21 North America RTLS In Healthcare Market share by Country, 2030
FIG 22 North America RTLS In Healthcare Market by Country, 2019 - 2030, USD Million
FIG 23 SWOT Analysis: Securitas Healthcare, LLC
FIG 24 Recent strategies and developments: Zebra Technologies Corporation
FIG 25 SWOT Analysis: Zebra Technologies Corporation
FIG 26 SWOT Analysis: Aruba Networks
FIG 27 SWOT Analysis: Impinj, Inc.
FIG 28 SWOT Analysis: Savi Technology, Inc.
FIG 29 SWOT Analysis: Advantech Co., Ltd.
FIG 30 SWOT Analysis: Cerner Corporation
FIG 31 SWOT Analysis: TeleTracking Technologies Inc.
FIG 32 Recent strategies and developments: CenTrak Inc.
FIG 33 SWOT Analysis: CenTrak Inc.
FIG 34 SWOT Analysis: Ubisense Ltd.