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Global Location-based Services Market in the Healthcare Industry 2016-2020

About the Location-Based Services (LBS) in the healthcare industry

The use of LBS in the healthcare industry can improve the operational efficiency of small and large hospitals worldwide. The growth of the market is driven by several factors such as the increased deployment of RTLS tags inside hospitals and the improvement in Wi-Fi and wireless land area network (WLAN) infrastructure of hospitals. Healthcare organizations use RTLS solutions for asset management to locating equipment like hospital beds, wheelchairs, ventilators, oxygen cylinders, and infusion pumps. Hospitals are implementing RTLS solutions to improve their efficiency and reduce cost.

Technavio’s analysts forecast the global LBS market in the healthcare industry to grow at a CAGR of 32.47% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global LBS market in the healthcare industry for 2016-2020. To calculate the market size, Technavio considers the revenue generated from RTLS and GPS technology. Under RTLS technology, it covers revenue generated from RFID (both active and passive), Wi-Fi, and ultra-wideband (UWB) tags.

The market is divided into the following segments based on geography:

  • APAC
  • EMEA
  • Latin America
  • North America
Technavio's report, Global Location-Based Services (LBS) Market in Healthcare Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AeroScout
  • Awarepoint
  • Ekahau
  • GE
  • HP
  • Zebra Technologies
Other prominent vendors
  • Axcess International
  • Centrak
  • Cisco Networks
  • Elpas (Tyco Security Products)
  • IBM
  • Infor Global
  • Navizon
  • Plus Location Systems
  • Radianse (Airponte)
  • RF Technologies
  • Siemens Healthcare
  • Sonitor Technologies
  • ThingMagic (Trimble Navigation)
  • TeleTracking Technologies
  • Versus Technology
Market driver
  • Wide deployment of RTLS tags in hospitals
  • For a full, detailed list, view our report
Market challenge
  • Safety and security concerns
  • For a full, detailed list, view our report
Market trend
  • Rising popularity of LBM
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Location-Based Services (LBS) Market in Healthcare Industry 2016-2020

Technavio recognizes the following companies as the key players in the global location-based services (LBS) market in healthcare industry: AeroScout, Awarepoint, Ekahau, GE Healthcare, HP, Zebra,

Other Prominent Vendors in the market are: Axcess International, Centrak, Cisco Networks, Elpas, IBM, Infor Global, Navizon, Plus Location Systems, Radianse, RF Technologies, Siemens Healthcare, Sonitor Technologies, ThingMagic, TeleTracking Technologies, and Versus Technology.

Commenting on the report, an analyst from Technavio’s team said: “Rising popularity of LBM will be a key trend for market growth. In the healthcare sector, proper communication between patients and doctors and patients and caretakers is the most important thing. Poor communication between hospital staff and patients may lead to delays, which can even be fatal. Earlier, pagers were used inside hospitals. However, using this outdated technology, hospital staff loses an average of 46 minutes per working day in communication. To improve efficiency and reduce cost, most hospitals now use LBM. LBM is mainly used for patient communications, patient help-button alerting, and staff safety alerting.”

According to the report, growing use of healthcare wearables will be a key driver for market growth. With the increase in the number of people with chronic conditions worldwide and the rise in healthcare costs, it is very difficult for the hospital staff to manage all the patients simultaneously. Additionally, patients have to wait in long queues for long hours. To resolve this problem, vendors have introduced remote patient monitoring (RPM). This application allows physicians to monitor the patient from a remote location or home with the help of wearable healthcare devices. RPM helps both patients and doctors and increases the efficiency of hospital management. It also helps in reducing healthcare cost, travel time, and hospital visits for both patients and staff. Healthcare wearables such as activity trackers, smartwatches, health monitors, and pedometers are used to track the activities of doctors, staff, and patients

Further, the report states that a major challenge for the market will be safety and security concerns. The security and privacy of patient data are an important concern for hospitals as medical data is highly confidential. LBS healthcare applications provide the exact location and the information on the condition of patients in the hospital. Hospital authorities often cannot control the leakage of information about patients and doctors in social networking sites. So, companies providing LBS should undertake the responsibility of maintaining the privacy of their clients and preventing the unauthorized tracking and misuse of information.

Companies Mentioned

eroScout, Awarepoint, Ekahau, GE Healthcare, HP, Zebra,Axcess International, Centrak, Cisco Networks, Elpas, IBM, Infor Global, Navizon, Plus Location Systems, Radianse, RF Technologies, Siemens Healthcare, Sonitor Technologies, ThingMagic, TeleTracking Technologies, Versus Technology.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Differences between indoor and outdoor LBS
      • Table LBS value chain
      • Table LBS applications
      • Table Major applications of LBS in the healthcare industry
    • Market size and forecast
      • Table Global LBS market in healthcare industry 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by usage
    • Global LBS market in healthcare industry by usage
      • Table Global LBS market in healthcare industry by usage 2015-2020 ($ millions)
    • Global indoor LBS market in healthcare industry
      • Table Global indoor LBS market in healthcare industry 2015-2020 ($ billions)
    • Global outdoor LBS market in healthcare industry
      • Table Global outdoor LBS market in healthcare industry 2015-2020 ($ millions)
  • Market segmentation by product
    • Global LBS market in healthcare industry by product
      • Table Global LBS market in healthcare industry by product 2015-2020 ($ millions)
    • Global LBS market in healthcare industry by services
      • Table Global LBS market in healthcare industry by services 2015-2020 ($ billions)
    • Global LBS market in healthcare industry by equipment, solutions, and applications
      • Table Global LBS market in healthcare industry by equipment, solutions, and applications 2015-2020 ($ millions)
  • Market segmentation by technology
    • Global LBS market in healthcare industry by technology
      • Table Global LBS market in healthcare industry by technology 2015-2020 ($ millions)
    • Global LBS market in healthcare industry by RTLS
      • Table Global LBS market in healthcare industry by RTLS 2015-2020 ($ billions)
    • Global LBS market in healthcare industry by GPS/AGPS
      • Table Global LBS market in healthcare industry by GPS/AGPS 2015-2020 ($ millions)
  • Market segmentation by types of RTLS technology
    • Global LBS market in healthcare industry by types of RTLS technology
      • Table Global LBS market in healthcare industry by types of RTLS technology 2015-2020 ($ millions)
    • Global LBS market in healthcare industry by RFID
      • Table Global LBS market in healthcare industry by RFID 2015-2020 ($ billions)
    • Global LBS market in healthcare industry by UWB
      • Table Global LBS market in healthcare industry by UWB 2015-2020 ($ millions)
    • Global LBS market in healthcare industry by Wi-Fi
      • Table Global LBS market in healthcare industry by Wi-Fi 2015-2020 ($ millions)
  • Market segmentation by application
    • Global LBS market in healthcare industry by application
      • Table Global LBS market in healthcare industry by application 2015-2020 ($ millions)
    • Global LBS market in healthcare industry by asset management
      • Table Global LBS market in healthcare industry by asset management 2015-2020 ($ billions)
    • Global LBS market in healthcare industry by staff management
      • Table Global LBS market in healthcare industry by staff management 2015-2020 ($ millions)
    • Global LBS market in healthcare industry by patient management
      • Table Global LBS market in healthcare industry by patient management 2015-2020($ millions)
  • Geographical segmentation
    • Global LBS market in healthcare industry by geographical segmentation
      • Table Global LBS market in healthcare industry by geographical segmentation 2015
      • Table Global LBS market in healthcare industry by geographical segmentation 2015-2020 ($ millions)
    • LBS market in healthcare industry in North America
      • Table LBS market in healthcare industry in North America 2015-2020 ($ millions)
    • LBS market in healthcare industry in EMEA
      • Table LBS market in healthcare industry in EMEA 2015-2020 ($ millions)
    • LBS market in healthcare industry in APAC
      • Table LBS market in healthcare industry in APAC 2015-2020 ($ millions)
    • LBS market in healthcare industry in Latin America
      • Table LBS market in healthcare industry in Latin America 2015-2020 ($ millions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • AeroScout
      • Table AeroScout: Products and services
    • Awarepoint
    • Ekahau
    • GE Healthcare
    • HP
      • Table HP: Business segmentation by revenue 2014
      • Table HP: Revenue by 2013 and 2014 ($ billions)
      • Table HP: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table HP: Geographical segmentation by revenue 2014
    • Zebra
      • Table Zebra: Business segmentation by revenue 2014
      • Table Zebra: Geographical segmentation by revenue 2014
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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