Global Healthcare Asset Management Market, By Product (Radiofrequency Identification (RFID) Devices, Real-Time Location Systems (RTLS), Ultrasound and Infrared Tags), Application (Hospital Asset Management, Pharmaceutical Asset Management), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The healthcare asset management market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 46.4% in the forecast period of 2021 to 2028. The growing need of security in hospitals and effective management with optimized expenses will help in escalating the growth of the healthcare asset management market.
The hospital assets management system assistances to handle and protect hospital equipment. It utilizes the automated software systems to monitor the environment in the hospital campus.
Major factors that are expected to boost the growth of the healthcare asset management market in the forecast period are the increasing need for better asset management in the hospitals, the growing adoption of asset management solutions in the pharmaceutical industry, and the decrease in the costs of radiofrequency identification (RFID) devices tags, On the other hand, increase in the
price of radiofrequency identification (RFID) devices readers which is further anticipated to further impede the growth of the healthcare asset management market in the timeline period.
In addition, the IOT -based healthcare asset management (IOT-HAM), the escalating application areas of healthcare asset management solutions and the technological advancements will further provide potential opportunities for the growth of the healthcare asset management market in the coming years. However, the concern regarding the data security and privacy might further challenge the growth of the healthcare asset management market in the near future.
This healthcare asset management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the healthcare asset management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Healthcare Asset Management Market Scope and Market Size
The healthcare asset management market is segmented on the basis of product and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the healthcare asset management market is segmented into radiofrequency identification (RFID) devices, real-time location systems (RTLS), ultrasound and infrared tags. Radiofrequency identification (RFID) devices is further sub segmented into hardware, software and services. Hardware is further sub segmented into passive tags and active tags. Active tags is further sub segmented into readers/interrogators, antennas and accessories. Real-time location systems (RTLS) is further sub segmented into hardware, software and services. Hardware is further sub segmented into tags/badges and readers/interrogators.
- On the basis of application, the healthcare asset management market is segmented into hospital asset management, pharmaceutical asset management. Hospital asset management is further sub segmented into equipment tracking and management, patient management, temperature and humidity monitoring, staff management and infection control and hand hygiene compliance. Pharmaceutical asset management is further sub segmented into drug anti-counterfeiting and supply chain management.
Healthcare Asset Management Market Country Level Analysis
The healthcare asset management market is analysed and market size insights and trends are provided by country, product and application as referenced above.
The countries covered in the healthcare asset management market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the healthcare asset management market due to the growing quality of infrastructure for clinical and laboratory research. Furthermore, the rising acceptance of the low-cost medical systems in clinical diagnostic laboratories will further boost the growth of the healthcare asset management market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the healthcare asset management market due to the technological expansion of the advancing countries. Moreover, the growing of the middle age population, the government, the corporate investment to standardize biopharmaceutical and healthcare sector and the occurrence of unmet market demand is further anticipated to propel the growth of the healthcare asset management market in the region in the coming years.
The country section of the healthcare asset management market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The healthcare asset management market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for healthcare asset management market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the healthcare asset management market. The data is available for historic period 2010-2019.
Competitive Landscape and Healthcare Asset Management Market Share Analysis
The healthcare asset management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to healthcare asset management market.
The major players covered in the healthcare asset management market report are Aeroscout Industrial, Ekahau., Awarepoint Corporation, Elpas Ltd., Radianse, Versus Technology, Inc., Vizbee RFID Solutions, Zebra Technologies Corp., Thingmagic, Sonitor Technologies., IBM, Siemens, General Electric Company, McKesson Corporation, Cerner Corporation, AiRISTA Flow, Inc., Stanley Black & Decker, Inc., CenTrak, Tyco Retail Solutions, Motorola Solutions, Inc., STANLEY Healthcare, Intelligent InSites, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Healthcare Asset Management Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.