Market Research Report Store RTLS Market fexpected to grow at a CAGR of 23.6% b
"RTLS Market fexpected to grow at a CAGR of 23.6% between 2016 and 2022 to reach USD
3,123.7 million by 2022 from USD 580.1 million in 2015" published in June 2017. It is a
professional and in-depth study.
Summary
Market Research Report Store announces a new report "RTLS Market "added to its
database.The RTLS market for healthcare is expected to grow at a CAGR of 23.6% between 2016 and
2022 to reach USD 3,123.7 million by 2022 from USD 580.1 million in 2015. Increasing demand for
RTLS from senior living facilities is one of the major factors fueling the growth of this market. In
addition to this, the rapid growth in IoT in the healthcare industry has also led to increase in adoption
of RTLS, thereby further accelerating the growth of the RTLS market for healthcare.
Detailed TOC Of Report @
https://www.marketresearchreportstore.com/
Ask a sample, click here [email protected]
“The growth of RTLS market for healthcare is expected to be driven by BLE and UWB
technologies during the forecast period.”
Bluetooth LE (BLE) and UWB technologies are expected to witness significant growth in the RTLS
market for healthcare during the forecast period. The high precision and accuracy offered by UWB
technology for tracking objects is driving the growth of UWB-based RTLS market for healthcare,
while the low power consumption feature of BLE is the driving factor for the BLE-based RTLS market
for healthcare.
“North America and APAC are the major markets for RTLS in healthcare industry.”
North America is expected to hold the largest size of the RTLS market for healthcare during the
forecast period, while the market in APAC is expected to grow at the highest rate during the same
period. China, Japan, Singapore, Australia, and India are some of the major countries driving the
growth of the RTLS market for healthcare in APAC. A significant number of hospitals, health facilities,
and senior living facilities using RTLS are located in North America and APAC. Besides this, the
governments, especially in APAC, are making significant investments for the development of IoT
industry. These are some of the major factors driving the growth of the RTLS market for healthcare in
North America and APAC.
In the process of determining and verifying the market size for several segments and subsegments
gathered through secondary research, extensive primary interviews have been conducted with key