LBS in Healthcare Market to See Massive Growth by 2030: Cisco Systems, Esri, IBM
According to HTF Market Intelligence, the Global LBS in Healthcare market to witness a CAGR of 20.1% during forecast period of 2023-2028. The market is segmented by Application (Hospital Asset Tracking & Monitoring, Patient Tracking & Monitoring, Ambulance Asset Monitoring, Others) by Type (Hardware, Software, Services) by Location Type (Indoor, Outdoor) and by Geography (West, South, Midwest, Southwest, Northeast). The LBS in Healthcare market size is estimated to increase by USD xx Million at a CAGR of 20.1% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, the market value is pegged at USD 1465.31 Million.
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Location-based services (LBS) in healthcare refer to the use of technology to provide location-based information to healthcare providers and patients. LBS technology uses a combination of GPS, Wi-Fi, and cellular networks to determine the location of a device or person, and then provides information relevant to that location. In healthcare, LBS can be used to track patients’ movements, locate medical equipment, optimize care delivery, and enhance emergency response. Overall, LBS can help improve the quality of care, reduce costs, and enhance patient safety and satisfaction.
LBS in Healthcare Market – Key Segment Analysis
The market share growth by the Software segment will be significant during the forecast period. The segment is driven by the Increasing demand for personalized healthcare: Patients and healthcare providers are increasingly looking for more personalized healthcare services. The widespread adoption of smartphones and other mobile devices has made it easier for patients and healthcare providers to access LBS.
LBS in Healthcare Market – Competition Analysis
The global LBS in Healthcare market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Aruba Networks (HP Company), Cisco Systems, Inc., Esri, IBM Corporation, Microsoft Corporation, Oracle Corporation, STANLEY Healthcare, GE Healthcare, Foursquare, Qualcomm, Zebra Technologies, AiRISTA Flow. Additionally, other players that are part of this detailed analysis are Infor, Centrak, Sanitag, IndoorAtlas Ltd., HID Global Corporation, Midmark.
LBS in Healthcare Market – Geographical Outlook
Southeast will provide maximum growth opportunities in LBS in Healthcare market. According to our research, the region will account for 22.30% of the global market growth during the forecast period. The market in Southeast is driven by Increasing demand for personalized healthcare: Patients and healthcare providers are increasingly looking for more personalized healthcare services. The widespread adoption of smartphones and other mobile devices has made it easier for patients and healthcare providers to access LBS.
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What key data is demonstrated in this LBS in Healthcare market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the LBS in Healthcare market between 2023 and 2028
Precise estimation of the size of the LBS in Healthcare market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
Thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of LBS in Healthcare market players
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Some Extracts from Table of Content
– Overview of LBS in Healthcare Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– LBS in Healthcare Size (USD & Sales Volume) Comparison by Type (2017-2028)
– LBS in Healthcare Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
– LBS in Healthcare Size (Value & Volume) Comparison by Region (2017-2028)
– Market Capacity, Production, Export-Import by Region (2017-2022E)
– LBS in Healthcare Market Sales, Revenue and Growth Rate (2017-2028)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2022E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– LBS in Healthcare Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
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