The MATLAB Runtime is a standalone set of shared libraries that enables the execution of compiled MATLAB applications or components on computers that do not have MATLAB installed.
Notes
The version of the MATLAB Runtime necessary to run an application is tied to the version of MATLAB used to create the application.
Multiple versions of the MATLAB Runtime may simultaneously exist on a target machine. This allows applications compiled with different versions of the MATLAB Runtime to execute side by side on the same machine.
The MATLAB Runtime Compiler is large (700MB +). It will take some time to download and install.