LBS IN THE HEALTHCARE SECTOR MARKET ANALYSIS

Regional Analysis

Global LBS in the Healthcare Sector Market: Regional Insights

On the basis of region, the global LBS in the healthcare sector market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held a major share in the global LBS in the healthcare sector market in 2019, owing to the presence of large number of key players such as General Electric Company, The Hewlett Packard Enterprise Company, Axcess International, CenTrak, Cisco Systems, Inc., International Business Machines Corporation, Infor, Navizon, Inc., PLUS Location Systems, TeleTracking Technologies Inc., and others.

Various companies are expanding their businesses in the North America region, which is expected to drive growth of the LBS in the healthcare sector market during the forecast period. For instance, in June 2019, DHL International GmbH, a Germany-based courier company, expanded its pharmaceutical and medical device distribution network in the U.S., for which the company invested US$ 150 million in advanced technology such as LBS and infrastructure, to provide real time location data of parcel to the customers.