Location-Based Services Market in the Healthcare Industry Growth and Segment Forecasts to 2020

Technavio Announces the Publication of its Research Report – Global Location-Based Services (LBS) Market in Healthcare Industry 2016-2020

Technavio recognizes the following companies as the key players in the global location-based services (LBS) market in healthcare industry: AeroScout, Awarepoint, Ekahau, GE Healthcare, HP, Zebra,

Other Prominent Vendors in the market are: Axcess International, Centrak, Cisco Networks, Elpas, IBM, Infor Global, Navizon, Plus Location Systems, Radianse, RF Technologies, Siemens Healthcare, Sonitor Technologies, ThingMagic, TeleTracking Technologies, and Versus Technology.

Browse full report with TOC@ https://marketreportscenter.com/reports/349450/global-location-based-services-market-in-the-healthcare-industry-2016-2020

Commenting on the report, an analyst from Technavio’s team said: “Rising popularity of LBM will be a key trend for market growth. In the healthcare sector, proper communication between patients and doctors and patients and caretakers is the most important thing. Poor communication between hospital staff and patients may lead to delays, which can even be fatal. Earlier, pagers were used inside hospitals. However, using this outdated technology, hospital staff loses an average of 46 minutes per working day in communication. To improve efficiency and reduce cost, most hospitals now use LBM. LBM is mainly used for patient communications, patient help-button alerting, and staff safety alerting.”

According to the report, growing use of healthcare wearables will be a key driver for market growth. With the increase in the number of people with chronic conditions worldwide and the rise in healthcare costs, it is very

difficult for the hospital staff to manage all the patients simultaneously. Additionally, patients have to wait in long queues for long hours. To resolve this problem, vendors have introduced remote patient monitoring (RPM). This application allows physicians to monitor the patient from a remote...