Market Development : Location-based Services Market in the Healthcare Industry Globally Grow at a CAGR of 32.47% by 2020
ResearchMoz presents professional and in-depth study of "Global Location-based Services Market in the Healthcare Industry 2016-2020". 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. Technavios 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 healthca...