RFID in healthcare to dominate market growth

The hospital asset management commanded the largest share of global market in 2012 and is forecast to growing at a CAGR of more than 20% from 2012 to 2017, according to Research and Markets. RFID in healthcare dominates the market growing strongly at a CAGR of more than 17% from 2012 to 2017. RTLS (Real-Time Locating Systems) has recently attracted market leaders and investors and is expected to grow at the highest CAGR of 35.4% from 2012 to 2017. According to research equipment management commanded the largest share of the applications in 2012, while staff management is expected to grow at the highest CAGR of more than 37% from 2012 to 2017 due to focus on enhanced productivity and quality of care.