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 among many others. Many enterprises and customers are implementing RTLS to track their assets and personnel in more efficient way

The RTLS making surge in healthcare industry due to several reasons like standardization of technologies like ISO/IEC Standards, ANSI Standards, ETSI Standards and IEEE Standards among others, decreasing cost of RTLS hardware and software and also due to technological advancements like ‘T2’ tags of AeroScout (U.S.). The ‘T2’ are the ‘tri modal’ ones that come with embedded low frequency RFID, ultrasound, and Wi-Fi compatible technologies. Government also supports healthcare industry to adopt RTLS by different partnership like five year contract between Veteran Affairs (VA, U.S.) and Hewlett-Packard (U.S.), federal funding and other indirect investments for helped in increasing the RTLS deployments, globally in healthcare industry.

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