Towards Healthcare

RTLS in Healthcare Companies, Investment and Capital Allocation

Date : 03 December 2025

Explore the Top Companies Shaping the Future of RTLS in Healthcare Market

 RTLS in Healthcare Market Companies

  • Navigine
  • Cognosos
  • Idox
  • Vertiv
  • Kyndryl Healthcare Solutions
  • ARISTA
  • Blueiot
  • Litum

Introduction

The AI in regulatory affairs market is expanding due in large part to the increasing complexity of regulatory submissions and the growing cost pressures in drug development and regulatory operations. Further driving market expansion are technological developments and growing cost pressures in drug development and regulatory operations. The AI in regulatory affairs industry is driven by the growing volume and complexity of international regulatory requirements in the pharmaceutical, biotechnology, and medical device industries.

Market Growth

The global RTLS in healthcare market size is calculated at USD 2.92 billion in 2025, grew to USD 3.42 billion in 2026, and is projected to reach around USD 13.94 billion by 2035. The market is expanding at a CAGR of 16.91% between 2026 and 2035.

RTLS in Healthcare Market Size 2025-2035

Top Vendors and their Offerings in the RTLS in Healthcare Market

iemens Healthineers - Erlangen, Germany

  • Provides RTLS consulting to help healthcare organizations

    • design customized RTLS solutions

    • or optimize existing RTLS implementations.

HID Global - Texas, United States

  • HID’s RTLS offers:

    • faster operations

    • improved health and safety

    • cost savings

    • inventory management

    • asset protection and utilization

CenTrak - Pennsylvania, United States

  • CenTrak’s RTLS solutions claim to:

    • reduce patient wait times by 50%

    • increase care time by 50%

    • save 90 minutes of daily staff time

Tsingoal - Beijing, China

  • UWB RTLS solution provides:

    • 10 cm high accuracy

    • real-time location tracking

    • seamless indoor and outdoor operation

Securitas Healthcare - Nebraska, United States

  • Offers RTLS healthcare solutions and systems for hospitals to:

    • improve care

    • reduce costs

    • increase operational efficiency

Company Landscape

Zebra Technologies Corporation

Company Overview: A global leader in providing enterprise-level Automatic Identification and Data Capture (AIDC) solutions, including mobile computers, RFID, and RTLS technologies, to digitize and automate workflows, with a major focus on the healthcare sector.

Corporate Information: 

  • Headquarters: Lincolnshire, Illinois, U.S. 
  • Year Founded: 1969 (as Data Specialties Incorporated) 
  • Ownership Type: Public (NASDAQ: ZBRA) 

History and Background: 

  • Founded as an electromechanical products company, pivoting to thermal transfer printing and barcoding in the 1980s. 
  • The acquisition of Motorola Solutions' Enterprise Business in 2014 significantly expanded its mobile computing and data capture leadership, including Wi-Fi-based locating systems. 

Key Milestones/Timeline: 

  • 1986: Renamed Zebra Technologies Corporation. 
  • 2014: Acquired Motorola Solutions' Enterprise Business. 
  • 2021: Acquired Fetch Robotics, expanding into Autonomous Mobile Robots (AMR). 
  • Q3 2025: Announced Q3 2025 net sales of $1.32 billion, with the Asset Intelligence & Tracking (AIT) segment showing a strong 10.6% organic net sales increase year-over-year. 

Business Overview: Provides end-to-end solutions that combine hardware, software (Workcloud, Savanna data platform), and services to create real-time visibility and actionable intelligence for optimizing critical workflows. 

Business Segments/Divisions: 

  • Enterprise Visibility & Mobility (EVM): Includes mobile computing, data capture, and workflow automation. 
  • Asset Intelligence & Tracking (AIT): Includes barcode printing, RFID, supplies, and RTLS systems. 

Geographic Presence: Global operations with a significant footprint across North America, EMEA, Asia-Pacific, and Latin America. 

Key Offerings: 

  • RTLS: Active RFID, Ultra-Wideband (UWB), Wi-Fi (via AeroScout platform), and Bluetooth Low Energy (BLE) solutions. 
  • Solutions: Asset Tracking, Patient/Staff Workflow Automation, Temperature Monitoring, and Specimen Tracking. 

End-Use Industries Served: Healthcare, Retail/e-commerce, Manufacturing, Transportation & Logistics, Government. 

Key Developments and Strategic Initiatives: 

  • Focus on integrating AI and Machine Learning into its Workcloud and Savanna platforms to enhance predictive analytics and automation. 
  • Q3 2025 Results: Reported $455 million in net sales for the AIT segment, demonstrating continued strong demand for tracking technologies. 
  • Plans to repurchase an additional $500 million of common stock through the third quarter of 2026. 

Mergers & Acquisitions: 

  • 2021: Acquired Fetch Robotics. 
  • 2020: Acquired Cortexica Vision Systems. 

Partnerships & Collaborations: Maintains an extensive, global channel partner ecosystem (VARs, ISVs) for solution integration and deployment. 

Product Launches/Innovations: 

  • Continuous innovation in rugged mobile devices and specialized printers for clinical use. 
  • Development of hybrid RTLS solutions that leverage multi-technology for optimal performance and cost. 

Capacity Expansions/Investments: 

  • Significant R&D investment (historically around 10% of sales) focused on next-generation enterprise solutions, AI, and robotics. 
  • Continued investment in Asia Pacific markets, including a strategic focus in Vietnam in 2025. 

Regulatory Approvals: Products comply with relevant regional and industry standards (e.g., FCC, CE). 

Distribution channel strategy: Utilizes a vast global network of channel partners and distributors, supported by a direct sales force for large, strategic enterprise accounts. 

Technological Capabilities/R&D Focus: 

  • Focus: AI, IoT, Cloud, and Machine Vision integration across its hardware and software. 
  • Core Technologies/Patents: RFID (Active/Passive), UWB, Wi-Fi, and proprietary data intelligence platforms. 

Competitive Positioning: 

  • Strengths & Differentiators: Broadest AIDC portfolio, strong brand, vast channel, and ability to deliver a unified solution (hardware, software, services) across the entire healthcare enterprise. 
  • Market presence & ecosystem role: A foundational technology provider for digitizing the healthcare frontline, covering everything from patient ID to asset tracking. 

SWOT Analysis: 

  • Strengths: Comprehensive product range, large install base, strong financial backing. 
  • Weaknesses: High reliance on hardware sales, which can be cyclical. 
  • Opportunities: Growth in AI-powered workflow software, expansion in high-accuracy UWB/BLE markets. 
  • Threats: Aggressive competition from focused RTLS vendors and large IT/network companies. 

Recent News and Updates: 

  • Press Releases: October 2025 announced Q3 2025 financial results, highlighting a 10.6% organic net sales increase in the AIT segment. 
  • Industry Recognitions/Awards: Frequently recognized as a leader in Enterprise Mobility and IoT solutions.

Securitas Healthcare LLC (Including CenTrak)

Company Overview: A dedicated healthcare safety and security solutions provider that became part of Securitas AB in 2024. It combines advanced RTLS (from the former CenTrak business) with comprehensive security and patient protection solutions (formerly Stanley Healthcare) to deliver clinical visibility and security. 

Corporate Information: 

  • Headquarters: Newtown, Pennsylvania, U.S. (CenTrak offices remain key). 
  • Year Founded: CenTrak (2007); Stanley Healthcare (roots back to 2004 acquisition of AeroScout). 
  • Ownership Type: Subsidiary of Public Company (Securitas AB, NASDAQ Stockholm: SECU B). 

History and Background: 

  • CenTrak was founded in 2007, pioneering Clinical-Grade Locating for high-accuracy RTLS. 
  • Stanley Healthcare, a major RTLS player with the Hugs Infant Protection and AeroScout platforms, was acquired by Securitas AB in 2024 and merged with CenTrak under the Securitas Healthcare brand. This merger created a comprehensive clinical and security RTLS powerhouse. 

Key Milestones/Timeline: 

  • 2007: CenTrak founded. 
  • 2017: CenTrak acquired by Halma plc. 
  • 2024 (Q2): Securitas AB acquired Stanley Healthcare. 
  • Late 2024/Early 2025: Securitas Healthcare established, integrating the RTLS and protection portfolios of CenTrak and Stanley Healthcare. 
  • March 2025: CenTrak announced the addition of a fully integrated, plug-and-play Bluetooth Low Energy (BLE) platform to its existing portfolio. 

Business Overview: Offers a unified Enterprise Location Services platform for hospitals, providing certainty-based location data for tracking assets, patients (including infant protection), and staff (duress/safety), and automating clinical workflows. 

Business Segments/Divisions: 

  • RTLS/Location Services: High-accuracy (Clinical-Grade) and general tracking solutions (BLE, UWB, Wi-Fi, Gen2IR). 
  • Security & Protection: Infant Protection (Hugs), Staff Safety (Duress), and Wander Management solutions. 
  • Software/Applications: Workflow automation, asset management, and clinical visibility software. 

Geographic Presence: Strong presence in North America, with expanding reach into Europe, Australia, and the Middle East, leveraging the Securitas AB global network. 

Key Offerings: 

  • Core RTLS: Hybrid solutions combining Gen2IR™, Wi-Fi, BLE, and UWB for sub-room and bed-level accuracy. 
  • Safety Solutions: Hugs Infant Protection, Arial Staff Duress. 
  • Software: ConnectRT (cloud-based software platform), Workflow automation applications. 

End-Use Industries Served: Acute-Care Hospitals, Senior Living Facilities, Clinics, and other specialized healthcare settings. 

Key Developments and Strategic Initiatives: 

  • 2025 Integration: Key focus on integrating the CenTrak and Stanley Healthcare technologies and sales channels under the Securitas Healthcare brand to maximize cross-selling and service capacity. 
  • March 2025 BLE Launch: New BLE platform offers cost-effective, scalable options while maintaining interoperability with their high-accuracy systems. 
  • Commitment to cloud-based solutions to simplify deployment and management for healthcare IT teams. 

Mergers & Acquisitions: 

  • 2024: Securitas AB acquired Stanley Healthcare (Parent company acquisition). 
  • 2021: CenTrak acquired Infinite Leap to boost managed services capabilities. 

Partnerships & Collaborations: 

  • Strategic partnerships with major Nurse Call system vendors (e.g., Ascom) and Wi-Fi infrastructure providers (e.g., Cisco, HPE Aruba) for seamless integration. 
  • Building an Innovation Partner program to shape the future of RTLS with healthcare providers. 

Product Launches/Innovations: 

  • 2025: Launch of the flexible, fully integrated, plug-and-play BLE platform. 
  • Introduction of the ConnectRT cloud-based software platform for enhanced efficiency. 

Capacity Expansions/Investments: 

  • Significant investment from Securitas AB into the healthcare technology business line, particularly in cloud and software development. 
  • Continuous investment in R&D to maintain location accuracy leadership. 

Regulatory Approvals: Solutions hold necessary certifications for mission-critical healthcare applications (e.g., UL certified for emergency call systems). 

Distribution channel strategy: A combination of a direct sales force with clinical consultants and a network of strategic integrators and partners, all backed by the global scale of Securitas AB services. 

Technological Capabilities/R&D Focus: 

  • Focus: Hybrid RTLS to ensure "certainty-based" location data, integrating security and clinical workflow intelligence. 
  • Core Technologies/Patents: Gen2IR™ for high-accuracy, multi-mode technology supporting UWB, BLE, and Wi-Fi simultaneously. 

Competitive Positioning: 

  • Strengths & Differentiators: Unequaled reputation for "Clinical-Grade" accuracy, strong portfolio of essential safety solutions (e.g., Hugs), and deep clinical domain expertise. 
  • Market presence & ecosystem role: A specialist provider focused entirely on solving mission-critical problems for hospitals, trusted by thousands of healthcare organizations globally. 

SWOT Analysis: 

  • Strengths: Best-in-class accuracy, comprehensive safety solutions, strong backing of parent Securitas. 
  • Weaknesses: Higher solution complexity/cost for maximum accuracy compared to basic systems. 
  • Opportunities: Leveraging the Securitas AB brand for global expansion and managed services, growth of flexible BLE/hybrid deployments.
  • Threats: Competition from general-purpose AIDC players and Wi-Fi/network infrastructure companies.

Recent News and Updates: 

  • Press Releases: March 2025 announced the new plug-and-play BLE platform expansion.
  • Industry Recognitions/Awards: Recognized by Frost & Sullivan as the 2024 Global Healthcare Real-Time Location Systems Company of the Year and a multi-year Best in KLAS winner for RTLS.

Recent Developments in the RTLS in Healthcare Market

  • In August 2025, HID announced the acquisition of Intelligent Observation to enable healthcare facilities to reduce hospital-acquired infections (HAIs) through proper hand hygiene practices. The acquisition enables HID to expand its offering and relevance in the healthcare RTLS space to meet the growing needs of healthcare facilities.
  • In October 2024, Kontakt.io launched two new mobile applications to help hospitals substantially cut time responding to staff duress alerts and expedite equipment searches for patient care. Kio Staff Safe Alerts and Kio Nurse are mobile apps that are embedded with BLE and IR sensors.

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