Location-based Services (LBS) in Healthcare

Global Location-based Services (LBS) in Healthcare Market to Reach US$141.9 Billion by 2030

The global market for Location-based Services (LBS) in Healthcare estimated at US$17.0 Billion in the year 2024, is expected to reach US$141.9 Billion by 2030, growing at a CAGR of 42.4% over the analysis period 2024-2030. Indoor LBS, one of the segments analyzed in the report, is expected to record a 37.9% CAGR and reach US$73.1 Billion by the end of the analysis period. Growth in the Outdoor LBS segment is estimated at 48.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$4.5 Billion While China is Forecast to Grow at 40.3% CAGR

The Location-based Services (LBS) in Healthcare market in the U.S. is estimated at US$4.5 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$21.1 Billion by the year 2030 trailing a CAGR of 40.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 37.9% and 36.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 29.3% CAGR.

Global Location-Based Services (LBS) in Healthcare Market – Key Trends & Drivers Summarized

Why Are Location-Based Services Becoming Indispensable in Modern Healthcare Infrastructure?

Location-based services, or LBS, are rapidly transforming the way healthcare systems operate by enabling real-time tracking, asset management, patient monitoring, and enhanced navigation within medical facilities. These services utilize GPS, Wi-Fi, Bluetooth beacons, and RFID technologies to deliver accurate location data that informs everything from patient flow management to the tracking of medical equipment. In hospitals, where operational efficiency can directly impact patient outcomes, LBS plays a critical role in reducing wait times, preventing lost equipment, and improving the allocation of human resources. Staff can use location data to quickly locate patients, monitor critical care units, and manage emergency responses with greater speed and accuracy. Patients also benefit through enhanced experiences, such as app-based wayfinding that helps them navigate complex hospital layouts, minimizing confusion and stress. LBS also supports infection control protocols by enabling contact tracing within healthcare settings, particularly vital during outbreaks like COVID-19. These systems can generate heat maps of crowding and movement patterns, allowing administrators to optimize traffic flow and reduce exposure risk. Additionally, LBS integrates with electronic health records and patient scheduling systems to ensure seamless transitions between appointments and procedures. The demand for transparency, accountability, and efficiency in healthcare delivery is driving the widespread adoption of LBS technologies across hospitals, clinics, senior care centers, and emergency services. As digital transformation continues to reshape healthcare, location-based services are proving to be an essential component of modern, responsive, and patient-centered care.

How Are Technological Innovations Elevating the Capabilities of LBS in Healthcare Settings?

Technological innovations are significantly expanding the potential of location-based services in healthcare, making them more accurate, intelligent, and user-friendly. The integration of advanced sensors, artificial intelligence, and cloud computing allows LBS platforms to go beyond simple location tracking and deliver predictive insights and automated responses. Modern systems can monitor the movement of medical equipment in real time, alerting staff when devices leave designated zones or are not sanitized between uses. In patient monitoring, wearable devices equipped with GPS or Bluetooth Low Energy (BLE) can track the whereabouts of individuals with cognitive impairments, such as dementia patients, and issue alerts if they enter restricted areas or leave the premises. For hospitals, smart badges and ID cards help monitor staff presence and compliance with hygiene protocols, such as hand-washing before entering patient rooms. The deployment of geofencing tools enables real-time alerts based on specific triggers, for instance, notifying staff if a patient at risk of falling attempts to leave their bed. Additionally, machine learning algorithms can analyze location data over time to optimize workflows, reduce bottlenecks, and enhance patient throughput. Cloud-based platforms enable seamless integration with hospital management systems, mobile apps, and third-party analytics tools, creating an interconnected digital ecosystem that supports proactive decision-making. These advancements are also facilitating the creation of smart hospitals, where every movement and interaction is monitored and analyzed to enhance operational efficiency, patient care, and overall safety. As healthcare providers seek to automate and personalize services, cutting-edge LBS technologies are at the forefront of this innovation wave.

What Operational and Patient-Centric Benefits Are Driving the Adoption of LBS in Healthcare?

The adoption of location-based services in healthcare is being driven by a wide array of operational and patient-centric benefits that address some of the most pressing challenges in medical environments. From an operational standpoint, LBS improves asset utilization by ensuring that high-value equipment such as infusion pumps, defibrillators, and wheelchairs are tracked and readily available when needed. This reduces the time staff spend searching for devices and minimizes unnecessary equipment purchases, leading to significant cost savings. LBS also enhances emergency preparedness by enabling hospitals to track the availability and location of critical care units, ventilators, and isolation rooms in real time. On the patient side, these systems contribute to a more streamlined and less stressful experience. Mobile apps equipped with LBS features can guide patients to their appointment locations, notify them of delays, and even help schedule follow-ups automatically. For vulnerable populations such as elderly patients, LBS-enabled wearables provide peace of mind to caregivers and family members by offering real-time location updates and emergency alerts. Staff safety is also improved through panic buttons and geofenced alerts that can trigger rapid response in case of workplace violence or medical emergencies. Moreover, LBS systems provide a wealth of data that hospital administrators can use to identify inefficiencies, reduce congestion, and improve overall care delivery. These combined advantages underscore the growing importance of LBS as both a strategic and practical investment in the evolving landscape of digital healthcare.

What Key Factors Are Driving the Growth of the Global LBS in Healthcare Market?

The growth in the global market for location-based services in healthcare is being driven by several interconnected factors rooted in technology adoption, healthcare modernization, regulatory compliance, and the rising demand for efficient care delivery. One of the primary drivers is the increasing need to optimize hospital operations in response to rising patient volumes, limited resources, and the high costs of medical infrastructure. As healthcare institutions seek to do more with less, LBS technologies provide actionable data that helps reduce waste, streamline logistics, and enhance decision-making. The widespread implementation of electronic health records and digital health platforms creates a natural integration point for LBS, enabling seamless data exchange across systems. Government initiatives promoting smart healthcare infrastructure, especially in countries such as the United States, Germany, Japan, and South Korea, are also fueling demand for LBS technologies. Regulatory pressure to maintain high standards of patient safety and hygiene has prompted hospitals to adopt systems that can monitor and document staff compliance in real time. The increased focus on value-based care models, where reimbursements are tied to outcomes and efficiency, further incentivizes providers to invest in tools that enhance quality and reduce delays. The COVID-19 pandemic has also played a significant role in accelerating LBS adoption, as healthcare providers realized the importance of contact tracing, space management, and staff mobility tracking in controlling outbreaks. Additionally, the growing use of smartphones and wearable technology among patients and providers is making LBS solutions more scalable and user-friendly. Together, these drivers are shaping a rapidly expanding market where location intelligence plays a foundational role in delivering smarter, safer, and more responsive healthcare services.

SCOPE OF STUDY:

The report analyzes the Location-based Services (LBS) in Healthcare market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Indoor LBS, Outdoor LBS); Technology (RTLS Technology, GPS / AGPS Technology)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 43 Featured) -

• AiRISTA Flow
• Aruba Networks (HPE)
• CenTrak (a Halma company)
• Cerner Corporation (now Oracle Health)
• Cisco Systems
• Ekahau
• Elpas (part of Johnson Controls)
• Epic Systems
• GE Healthcare
• HERE Technologies
• Identec Solutions
• Kontakt.io
• Midmark RTLS (formerly Versus Technology)
• Philips Healthcare
• RF Technologies
• Siemens Healthineers
• Sonitor Technologies
• Stanley Healthcare
• TeleTracking Technologies
• Zebra Technologies

AI INTEGRATIONS
We`re transforming market and competitive intelligence with validated expert content and AI tools.

Instead of following the general norm of querying LLMs and Industry-specific SLMs, we built repositories of content curated from domain experts worldwide including video transcripts, blogs, search engines research, and massive amounts of enterprise, product/service, and market data.

TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher. Show more