RTLS for Healthcare Companies

The global RTLS market for healthcare size is expected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a CAGR of 19.6% from 2024 to 2029. RTLS solutions are comparatively higher priced than some other traditional tracking technologies. However, the rise in competitiveness in the RTLS market has led to the availability of cost-effective RTLS solutions. The emergence of innovative startups and the availability of customized solutions are the two key factors that have led to the rise in competitiveness in the RTLS market.

As of 2023, Securitas Healthcare LLC (US), Zebra Technologies Corp. (US), HPE Aruba Networking (US), Impinj, Inc. (US), and TeleTracking Technologies, Inc. (US) are some of the notable players in this market.

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Major RTLS Market for Healthcare companies include:

• Securitas Healthcare LLC (US)
• Zebra Technologies Corp. (US)
• HPE Aruba Networking (US)
• Impinj, Inc. (US)
• TeleTracking Technologies, Inc. (US) and others.

Zebra Technologies Corp.

Zebra Technologies Corp. is one of the a leading companies working into the Automatic Identification and Data Capture (“AIDC”) industry. The AIDC market consists of data capture, mobile computing, barcode printing, radio frequency identification devices (“RFID”), and other workflow automation products and services. The company operates through two business segments: Asset Intelligence & Tracking and Enterprise Visibility & Mobility. The company now caters to its customers in the RTLS market for healthcare through the Asset Intelligence & Tracking segment. Zebra Technologies Corp. primarily serves the healthcare, retail, manufacturing, hospitality, transportation, and logistics industries.

HPE Aruba Networking

HPE Aruba Networking is a subsidiary of Hewlett Packard Enterprise Company (US). The HPE Aruba product portfolio includes hardware products, such as WiFi access points, switches, and gateways. The RTLS hardware includes beacons and tags, which can be integrated with any existing WiFi network already laid out in an enterprise or a locality. The company also helps deploy WiFi networks for end users such as research organizations,  hospitals, stadiums, hotels, and universities. It offers BLE-based tags, beacons, and sensors, which can be managed through mobile apps.

Impinj, Inc.

Impinj, Inc. is a leading provider of RTLS solutions. The company helps businesses and people analyze, optimize, and innovate by connecting various things such as apparel, automobile parts, luggage, and shipments to the Internet. It operates primarily through two business segments, namely, Endpoint ICs and Systems. The Systems business segment caters to the customers in the RTLS market for healthcare and mainly deals in readers, gateways, reader ICs, and related software. The company provides UHF RFID solutions for identifying, locating, and authenticating items. It offers RTLS solutions for applications such as inventory management, patient safety, asset tracking, and item authentication, thereby delivering real-time information to businesses about items created, managed, transported, and sold.

Related Reports:

RTLS Market for Healthcare by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, Zigbee, Rubee), Application (Inventory/Asset Tracking, Personnel Monitoring), Facility Type, Region - Global Forecast to 2029

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