Uploaded on Sep 2, 2021
The RTLS or real-time location system technology facilitates detection and tracking of the location of objects and people in real-time. The technology is widely popular across many verticals such as defense, retail, supply chain management and healthcare. The inculcation of these technologies in healthcare is increasingly gaining traction for improved services in hospitals and high returns on investment. The growth of the RTLS in healthcare market is attributed to the increased market competitiveness with the emergence of start-ups and benefits associated with RTLS. On the other hand, factor such as data security and privacy concerns associated with RTLS are limiting the growth of the market.
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