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Real-time Location Systems (RTLS) for Hospital Beds Market Trends

Report ID: GMI11504
Published Date: Sep 2024
Report Format: PDF

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RTLS for Hospital Beds Market Trends

Hospitals are increasingly using RFID technology in real-time location systems to track hospital beds due to its specific benefits for healthcare. One major advantage of RFID is its ability to continuously and accurately track hospital beds. RFID tags attached to beds communicate with readers placed throughout the hospital, providing real-time updates on bed locations without needing a direct line of sight. This precise tracking is essential for efficient bed management and smooth patient flow.

Additionally, RFID systems are highly scalable, making them suitable for expanding hospital facilities. As hospital operations expand, they can easily add more RFID tags and readers to the existing system without major changes. Furthermore, RFID technology integrates well with other hospital management systems, such as Electronic Health Records (EHRs) and Hospital Information Systems (HIS). This integration offers a comprehensive view of bed usage and improves operational efficiency, enhancing decision-making and streamlining hospital operations.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The RTLS for hospital beds market was valued at USD 379.1 million in 2023 and is estimated to register a CAGR of over 19% between 2023 and 2032, due to technological advancements in the healthcare sector.

In 2023, the patient tracking segment accounted for the market share of over 34% in 2023, as RTLS for hospital beds provide real-time data on patient locations and movements, enhancing quarantine practices and hygiene measures.

North America led the global RTLS for hospital beds industry with a share of over 37% in 2023, due to the region's advanced healthcare infrastructure, early adoption of cutting-edge technologies, and strong focus on patient care efficiency.

Cerner Corporation, GE Healthcare, Identec Solutions AG, IMPINJ, Inc., Infor Global Solutions, Jeron Electronic Systems, Inc., Quuppa, Sewio Networks s.r.o., and Siemens Healthineers AG among others.