Survey Finds 68% of Healthcare Respondents Not Familiar with Indoor Location Technologies

Multiple industry sources estimate that between 10% and 20% of hospital inventory is stolen or lost each year.  This could be partly attributed to healthcare personnel favoring certain equipment and keeping it in areas where only they can access it, rather than where it should be stored. Typical assets that might be tracked in a hospital include ventilators, dialysis machines, heart rate monitors, wheelchairs, and IV pumps. One hospital alone has estimated the yearly cost of replacing IV pumps at US$70k.

Multiple industry sources estimate that between 10% and 20% of hospital inventory is stolen or lost each year.  This could be partly attributed to healthcare personnel favoring certain equipment and keeping it in areas where only they can access it, rather than where it should be stored. Typical assets that might be tracked in a hospital include ventilators, dialysis machines, heart rate monitors, wheelchairs, and IV pumps. One hospital alone has estimated the yearly cost of replacing IV pumps at US$70k.

Adoption of new and emerging technologies has been traditionally slower in healthcare compared to other verticals, often due to funding issues and cost-saving measures at a government or organizational level. "Recent breaches in security in healthcare systems due to antiquated systems across the world should serve as a wake-up call in hospital organizations to embrace emerging technologies sooner rather than later," concludes McLaughlin.

These findings are from ABI Research's Industry Survey: Transformative Technology Adoption and Attitudes report. This report is part of the company's Location Technologies research service, which includes research, data, and analyst insights.

About ABI Research

ABI Research stands at the forefront of technology market research, providing business leaders with comprehensive research and consulting services to help them implement informed, transformative technology decisions. Founded more than 25 years ago, the company's global team of senior and long-tenured analysts delivers deep market data forecasts, analyses, and teardown services. ABI Research is an industry pioneer, proactively uncovering ground-breaking business cycles and publishing research 18 to 36 months in advance of other organizations. For more information, visit www.abiresearch.com.

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