Average Mkt Cap
#24 of 49
$15 B
Low CAGR
#36 of 49
18 %
RTLS technology can be used to track the location of medical equipment, patients, and staff within a facility in real-time. This can help reduce the time spent searching for lost items and improve patient flow. Bluetooth Low Energy (BLE) beacons are a type of RTLS technology that can be used to track the location of small, portable items like medication carts and infusion pumps.
0 FDA approvals in Real-time Locating Systems (RTLS)
Asset Tracking
"RTLS technology can be used for real-time asset tracking in facilities, allowing for efficient management of medical equipment and supplies." - Journal of Healthcare Engineering, December 2021
Workflow Optimization
"RTLS can optimize workflows by providing real-time information on the location of patients, staff, and equipment, enabling better resource allocation and reducing wait times." - Healthcare Technology Letters, January 2022
Patient Safety
"RTLS can improve patient safety by providing real-time information on patient location and status, enabling faster response times in emergencies." - Journal of Medical Systems, February 2022
Investor sentiment
Grand View ResearchJune 2021
"...The global real-time locating systems (RTLS) market is expected to grow at a CAGR of 20.2% from 2021 to 2028, driven by the increasing adoption of RTLS in facilities for asset and patient tracking, the growing demand for contactless and automated solutions, and the rising investments in IoT and cloud-based technologies."
Mordor IntelligenceMay 2021
"...The real-time locating systems market is expected to register a CAGR of 25.1% from 2021 to 2026, driven by the growing demand for RTLS in facilities for tracking equipment, patients, and staff, the increasing need for workflow optimization and patient safety, and the rising adoption of IoT and cloud computing technologies."
Sector leaders
CenTrak
CenTrak's RTLS platform provides real-time location and telemetry data, enabling organizations to improve patient care and increase operational efficiency. CenTrak's enterprise-grade solution delivers unmatched accuracy, flexibility, and scalability for a wide range of applications, from asset and inventory management to patient flow and staff safety.
Zebra Technologies
Zebra's real-time locating system solutions provide hospitals and facilities with increased visibility and control over assets, patients, and staff. Zebra's solution leverages RFID technology and can help improve asset utilization, reduce equipment loss, improve patient safety and optimize staff workflows.
AiRISTA Flow
AiRISTA Flow's real-time location system provides enterprise-class visibility, analytics and control over people, assets, and workflows in organizations. AiRISTA Flow's solution leverages RFID, Wi-Fi and BLE technologies to provide visibility into the real-time location, status and movement of assets, patients and staff.
