RTLS Market for Healthcare: Rapid Growth Expected with a CAGR of 19.6% by 2029
The global RTLS market for healthcare is poised for substantial growth, with its size expected to expand from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, registering a robust CAGR of 19.6% during the forecast period. This rapid expansion reflects the increasing importance of location-based technology in enhancing operational efficiency, patient care, and safety within the healthcare sector.
Why...
Healthcare is Major Shareholder Among all Industry Verticals in Real-Time Location Systems (RTLS) Market
RTLS is known as real time location system that offers real time tracking of assets and personnel that tagged with active RFID tags with the help of different technologies like Wi-Fi, RF signals, Infrared, Ultra Wide Band (UWB) and other wireless technologies. The tracing of equipments and devices is a major concern for many enterprises in industries like healthcare, industrial manufacturing, logistics...