RTLS In Healthcare Market 2033: North America Claims 46% Dominance
The global RTLS in healthcare market was valued at USD 2.46 billion in 2024 and is expected to reach USD 9.94 billion by 2033, expanding at a CAGR of 16.87% from 2025 to 2033. Market growth is driven by the rising need for improved asset and inventory management, increasing emphasis on patient safety and workflow optimization, and the integration of RTLS with advanced technologies and digital health ecosystems. As healthcare operations become more complex, hospitals and clinics increasingly adopt real-time tracking solutions to streamline operations, reduce inefficiencies, and support data-driven decision-making. RTLS-driven supply chain automation enables healthcare organizations to use real-time data to transform logistics, operational workflows, and clinical practices. These systems help track the location, usage, and maintenance requirements of critical medical equipment such as infusion pumps, ventilators, and surgical devices. By reducing equipment misplacement and minimizing u...