Global Hospital Asset Management Market, By Product (Real-Time Location Systems, Radio-Frequency Identification, Ultrasound, Infrared), Application (Patient Management, Staff Management, Instrument Management, Supply Chain Management), End-User (Hospitals and Clinics, Pharmaceutical Companies, Biotechnology Companies, Others), 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, U.A.E, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Hospital Asset Management Market
Data Bridge Market Research analyses that the hospital asset management market to be grow at a CAGR of 22.1% in the forecast period of 2022-2029 and is likely to reach the USD 69.23 billion by 2029.
Hospital workflow is time-consuming and repetitive, comprising a huge quantity of paperwork for admissions, discharges, equipment maintenance, and nurse rounding, among other things. These are essential for enhancing hospital efficiency and ensuring patient experience. The importance of hospital asset management services in protecting the safety of hospital employees cannot be overstated. Consequently, hospital asset management plans aid in the reduction of operating and capital asset costs.
The rising demand for better asset management in hospitals and need to rise efficiency in healthcare institutions will act as major driver accelerating the hospital asset management market’s growth rate. The acceptance of asset management solutions in pharmaceutical industry will increase the demand for hospital asset management and further propel the market’s growth rate. Another significant factor resulting in the expansion of market is the reduction in the prices of radiofrequency identification (RFID) tags. Furthermore, surging healthcare expenditure and increasing number of applications of healthcare asset management solutions are the major drivers that will enhance the growth of market. Likewise, rise in the demand with increasing concerns of drug counterfeiting will show positive impact on the market’s growth rate. Rapid urbanisation, changing lifestyle and rise in the level of disposable incomes in developing and developed countries will influence the growth rate of hospital asset management market. The rise in the number of chronic diseases and increasing concerns for patient safety will flourish the growth rate of hospital asset management market.
Moreover, the development of IOT based healthcare asset management and advancement in hospital asset management device technology will provide beneficial opportunities for the hospital asset management market growth. Additionally, the increasing demand from emerging markets and technological advancements will further expand the hospital asset management market’s growth rate in the future.
On the other hand, high cost associated with radiofrequency identification (RFID) readers will obstruct the market growth. Also, intense competition among market players and issues related to data security and privacy will challenge the hospital asset management market. However, organizational and infrastructural facility of healthcare institutions affecting implementation and less awareness will act as restrain and further impede the growth rate of market.
This hospital 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 hospital 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.
Global Hospital Asset Management Market Scope and Market Size
The hospital asset management market is segmented on the basis of product, application and end- user. 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.
- Based on product, hospital Asset Management market is segmented into real-time location systems, radio-frequency identification, ultrasound and infrared.
- Hospital asset management market based on application has also been segmented into patient management, staff management, instrument management and supply chain management.
- Based on end-user, hospital asset management market is segmented into hospitals and clinics, pharmaceutical companies, biotechnology companies and others.
Hospital Asset Management Market Country Level Analysis
The hospital asset management market is analysed and market size insights and trends are provided by country, product, application and end- user as referenced above.
The countries covered in the hospital asset management market report are 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 hospital asset management market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the availability of quality infrastructure and rising adoption of low cost medical systems in this region. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period due to the innovations in emerging economies such as India and China.
The country section of the hospital 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 hospital 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 hospital asset management market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the hospital asset management market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Global Hospital Asset Management Market Share Analysis
The hospital 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 hospital asset management market.
Some of the major players operating in the hospital asset management market are General Electric, CenTrak, AiRISTA Flow, Inc., Ascom, STANLEY Healthcare, Sonitor Technologies., Zebra Technologies Corp., IBM, Infor, Midmark Corporation., AeroScout, LLC., Impinj, Inc., Airista Flow, Inc., Motorola Solutions, Inc., Ekahau, Trimble Inc., RAM, and Radianse, among others.
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Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL HOSPITAL ASSET MANAGEMENT MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 KEY TAKEAWAYS
2.2 ARRIVING AT THE GLOBAL HOSPITAL ASSET MANAGEMENT MARKET SIZE
2.2.1 VENDOR POSITIONING GRID
2.2.2 TECHNOLOGY LIFE LINE CURVE
2.2.3 MULTIVARIATE MODELLING
2.2.4 TOP TO BOTTOM ANALYSIS
2.2.5 STANDARDS OF MEASUREMENT
2.2.6 VENDOR SHARE ANALYSIS
2.2.7 DATA POINTS FROM KEY PRIMARY INTERVIEWS
2.2.8 DATA POINTS FROM KEY SECONDARY DATABASES
2.3 GLOBAL HOSPITAL ASSET MANAGEMENT MARKET: RESEARCH SNAPSHOT
2.4 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
5.1 REGULATORY STANDARDS
5.2 TECHNOLOGY LANDSCAPE
6 GLOBAL HOSPITAL ASSET MANAGEMENT MARKET, BY PRODUCT
6.1 OVERVIEW
6.2 RADIO FREQUENCY IDENTIFICATION (RFID) DEVICES
6.2.1 HARDWARE
6.2.1.1. TAGS
6.2.1.1.1. ACTIVE TAGS
6.2.1.1.2. PASSIVE TAGS
6.2.1.1.2.1 HIGH-FREQUENCY (HF) TAGS
6.2.1.1.2.2 ULTRA-HIGH-FREQUENCY(UHF) TAGS
6.2.1.1.2.3 LOW-FREQUENCY (LF) TAGS
6.2.1.2. READERS/INTERROGATORS
6.2.1.2.1. FIXED READERS
6.2.1.2.2. HANDHELD READERS
6.2.1.3. ANTENNAS
6.2.1.4. ACCESSORIES
6.2.2 SOFTWARE
6.2.3 SERVICES
6.3 REAL-TIME LOCATION SYSTEMS (RTLS)
6.3.1 HARDWARE
6.3.1.1. TAGS/BADGES
6.3.1.2. READERS/INTERROGATORS
6.3.1.3. OTHERS
6.3.2 SOFTWARE
6.3.2.1. LOCATION ANALYTICS ENGINE
6.3.2.2. MIDDLEWARE
6.3.2.3. OTHERS
6.3.3 SERVICES
6.3.3.1. CONSULTING
6.3.3.2. SUPPORT AND MAINTENANCE
6.3.3.3. DEPLOYMENT AND INTEGRATION
6.4 ULTRASOUND & INFRARED TAGS
6.4.1 HARDWARE
6.4.2 SOFTWARE
6.4.3 SERVICES
7 GLOBAL HOSPITAL ASSET MANAGEMENT MARKET, BY DEPLOYMENT MODE
7.1 OVERVIEW
7.2 CLOUD-BASED
7.3 ON-PREMISE
8 GLOBAL HOSPITAL ASSET MANAGEMENT MARKET, BY APPLICATION
8.1 OVERVIEW
8.2 HOSPITAL ASSET MANAGEMENT
8.2.1 EQUIPMENT TRACKING AND MANAGEMENT
8.2.2 PATIENT MANAGEMENT
8.2.3 TEMPERATURE AND HUMIDITY MONITORING
8.2.4 STAFF MANAGEMENT
8.2.5 INFECTION CONTROL AND HAND HYGIENE COMPLIANCE
8.3 PHARMACEUTICAL ASSET MANAGEMENT
8.3.1 DRUG ANTI-COUNTERFEITING
8.3.2 SUPPLY CHAIN MANAGEMENT
9 GLOBAL HOSPITAL ASSET MANAGEMENT MARKET, BY END USE
9.1 OVERVIEW
9.2 HOSPITALS/CLINICS
9.2.1 BY PRODUCT
9.2.1.1. RADIO FREQUENCY IDENTIFICATION (RFID) DEVICES
9.2.1.2. REAL-TIME LOCATION SYSTEMS (RTLS)
9.2.1.3. ULTRASOUND & INFRARED TAGS
9.3 LABORATORIES
9.3.1 BY PRODUCT
9.3.1.1. RADIO FREQUENCY IDENTIFICATION (RFID) DEVICES
9.3.1.2. REAL-TIME LOCATION SYSTEMS (RTLS)
9.3.1.3. ULTRASOUND & INFRARED TAGS
9.4 PHARMACEUTICAL
9.4.1 BY PRODUCT
9.4.1.1. RADIO FREQUENCY IDENTIFICATION (RFID) DEVICES
9.4.1.2. REAL-TIME LOCATION SYSTEMS (RTLS)
9.4.1.3. ULTRASOUND & INFRARED TAGS
9.5 OTHERS
10 GLOBAL HOSPITAL ASSET MANAGEMENT MARKET, BY REGION
GLOBAL HOSPITAL ASSET MANAGEMENT MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
10.1 NORTH AMERICA
10.1.1 U.S.
10.1.2 CANADA
10.1.3 MEXICO
10.2 EUROPE
10.2.1 GERMANY
10.2.2 FRANCE
10.2.3 U.K.
10.2.4 ITALY
10.2.5 SPAIN
10.2.6 RUSSIA
10.2.7 TURKEY
10.2.8 BELGIUM
10.2.9 NETHERLANDS
10.2.10 SWITZERLAND
10.2.11 REST OF EUROPE
10.3 ASIA-PACIFIC
10.3.1 JAPAN
10.3.2 CHINA
10.3.3 SOUTH KOREA
10.3.4 INDIA
10.3.5 AUSTRALIA
10.3.6 SINGAPORE
10.3.7 THAILAND
10.3.8 MALAYSIA
10.3.9 INDONESIA
10.3.10 PHILIPPINES
10.3.11 REST OF ASIA-PACIFIC
10.4 SOUTH AMERICA
10.4.1 BRAZIL
10.4.2 ARGENTINA
10.4.3 REST OF SOUTH AMERICA
10.5 MIDDLE EAST AND AFRICA
10.5.1 SOUTH AFRICA
10.5.2 EGYPT
10.5.3 ISRAEL
10.5.4 UAE
10.5.5 SAUDI ARABIA
10.5.6 REST OF MIDDLE EAST AND AFRICA
10.6 KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES
11 GLOBAL HOSPITAL ASSET MANAGEMENT MARKET, COMPANY LANDSCAPE
11.1 COMPANY SHARE ANALYSIS: GLOBAL
11.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
11.3 COMPANY SHARE ANALYSIS: EUROPE
11.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
11.5 MERGERS & ACQUISITIONS
11.6 NEW PRODUCT DEVELOPMENT & APPROVALS
11.7 EXPANSIONS
11.8 REGULATORY CHANGES
11.9 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS
12 GLOBAL HOSPITAL ASSET MANAGEMENT MARKET, COMPANY PROFILE
12.1 AIRISTA FLOW (AN AIRISTA AFFILIATE)
12.1.1 COMPANY OVERVIEW
12.1.2 COMPANY SNAPSHOT
12.1.3 REVENUE ANALYSIS
12.1.4 PRODUCT PORTFOLIO
12.1.5 RECENT DEVELOPMENTS
12.2 ELPAS
12.2.1 COMPANY OVERVIEW
12.2.2 COMPANY SNAPSHOT
12.2.3 REVENUE ANALYSIS
12.2.4 PRODUCT PORTFOLIO
12.2.5 RECENT DEVELOPMENTS
12.3 GE HEALTHCARE
12.3.1 COMPANY OVERVIEW
12.3.2 COMPANY SNAPSHOT
12.3.3 REVENUE ANALYSIS
12.3.4 PRODUCT PORTFOLIO
12.3.5 RECENT DEVELOPMENTS
12.4 CENTRAK
12.4.1 COMPANY OVERVIEW
12.4.2 COMPANY SNAPSHOT
12.4.3 REVENUE ANALYSIS
12.4.4 PRODUCT PORTFOLIO
12.4.5 RECENT DEVELOPMENTS
12.5 IBM
12.5.1 COMPANY OVERVIEW
12.5.2 COMPANY SNAPSHOT
12.5.3 REVENUE ANALYSIS
12.5.4 PRODUCT PORTFOLIO
12.5.5 RECENT DEVELOPMENTS
12.6 INTELLIGENT INSITES
12.6.1 COMPANY OVERVIEW
12.6.2 COMPANY SNAPSHOT
12.6.3 REVENUE ANALYSIS
12.6.4 PRODUCT PORTFOLIO
12.6.5 RECENT DEVELOPMENTS
12.7 THINGMAGIC (A NOVANTA COMPANY)
12.7.1 COMPANY OVERVIEW
12.7.2 COMPANY SNAPSHOT
12.7.3 REVENUE ANALYSIS
12.7.4 PRODUCT PORTFOLIO
12.7.5 RECENT DEVELOPMENTS
12.8 SONITOR
12.8.1 COMPANY OVERVIEW
12.8.2 COMPANY SNAPSHOT
12.8.3 REVENUE ANALYSIS
12.8.4 PRODUCT PORTFOLIO
12.8.5 RECENT DEVELOPMENTS
12.9 STANLEY BLACK & DECKER, INC.
12.9.1 COMPANY OVERVIEW
12.9.2 COMPANY SNAPSHOT
12.9.3 REVENUE ANALYSIS
12.9.4 PRODUCT PORTFOLIO
12.9.5 RECENT DEVELOPMENTS
12.1 VERSUS TECHNOLOGY (A MIDMARK COMPANY)
12.10.1 COMPANY OVERVIEW
12.10.2 COMPANY SNAPSHOT
12.10.3 REVENUE ANALYSIS
12.10.4 PRODUCT PORTFOLIO
12.10.5 RECENT DEVELOPMENTS
12.11 ZEBRA TECHNOLOGIES
12.11.1 COMPANY OVERVIEW
12.11.2 COMPANY SNAPSHOT
12.11.3 REVENUE ANALYSIS
12.11.4 PRODUCT PORTFOLIO
12.11.5 RECENT DEVELOPMENTS
12.12 AEROSCOUT INC.
12.12.1 COMPANY OVERVIEW
12.12.2 COMPANY SNAPSHOT
12.12.3 REVENUE ANALYSIS
12.12.4 PRODUCT PORTFOLIO
12.12.5 RECENT DEVELOPMENTS
12.13 ACCENTURE PLC
12.13.1 COMPANY OVERVIEW
12.13.2 COMPANY SNAPSHOT
12.13.3 REVENUE ANALYSIS
12.13.4 PRODUCT PORTFOLIO
12.13.5 RECENT DEVELOPMENTS
12.14 INFOR INC.
12.14.1 COMPANY OVERVIEW
12.14.2 COMPANY SNAPSHOT
12.14.3 REVENUE ANALYSIS
12.14.4 PRODUCT PORTFOLIO
12.14.5 RECENT DEVELOPMENTS
12.15 MOTOROLA SOLUTIONS INC.
12.15.1 COMPANY OVERVIEW
12.15.2 COMPANY SNAPSHOT
12.15.3 REVENUE ANALYSIS
12.15.4 PRODUCT PORTFOLIO
12.15.5 RECENT DEVELOPMENTS
12.16 SIEMENS HEALTHCARE AG
12.16.1 COMPANY OVERVIEW
12.16.2 COMPANY SNAPSHOT
12.16.3 REVENUE ANALYSIS
12.16.4 PRODUCT PORTFOLIO
12.16.5 RECENT DEVELOPMENTS
12.17 TYCO INTERNATIONAL LTD
12.17.1 COMPANY OVERVIEW
12.17.2 COMPANY SNAPSHOT
12.17.3 REVENUE ANALYSIS
12.17.4 PRODUCT PORTFOLIO
12.17.5 RECENT DEVELOPMENTS
12.18 MIDMARK CORPORATION
12.18.1 COMPANY OVERVIEW
12.18.2 COMPANY SNAPSHOT
12.18.3 REVENUE ANALYSIS
12.18.4 PRODUCT PORTFOLIO
12.18.5 RECENT DEVELOPMENTS
12.19 TRIMBLE INC
12.19.1 COMPANY OVERVIEW
12.19.2 COMPANY SNAPSHOT
12.19.3 REVENUE ANALYSIS
12.19.4 PRODUCT PORTFOLIO
12.19.5 RECENT DEVELOPMENTS
12.2 AWAREPOINT CORPORATION
12.20.1 COMPANY OVERVIEW
12.20.2 COMPANY SNAPSHOT
12.20.3 REVENUE ANALYSIS
12.20.4 PRODUCT PORTFOLIO
12.20.5 RECENT DEVELOPMENTS
12.21 EKAHAU
12.21.1 COMPANY OVERVIEW
12.21.2 COMPANY SNAPSHOT
12.21.3 REVENUE ANALYSIS
12.21.4 PRODUCT PORTFOLIO
12.21.5 RECENT DEVELOPMENTS
12.22 IMPINJ, INC.
12.22.1 COMPANY OVERVIEW
12.22.2 COMPANY SNAPSHOT
12.22.3 REVENUE ANALYSIS
12.22.4 PRODUCT PORTFOLIO
12.22.5 RECENT DEVELOPMENTS
12.23 ZIH CORP
12.23.1 COMPANY OVERVIEW
12.23.2 COMPANY SNAPSHOT
12.23.3 REVENUE ANALYSIS
12.23.4 PRODUCT PORTFOLIO
12.23.5 RECENT DEVELOPMENTS
12.24 THINGMAGIC
12.24.1 COMPANY OVERVIEW
12.24.2 COMPANY SNAPSHOT
12.24.3 REVENUE ANALYSIS
12.24.4 PRODUCT PORTFOLIO
12.24.5 RECENT DEVELOPMENTS
12.25 UBISENSE
12.25.1 COMPANY OVERVIEW
12.25.2 COMPANY SNAPSHOT
12.25.3 REVENUE ANALYSIS
12.25.4 PRODUCT PORTFOLIO
12.25.5 RECENT DEVELOPMENTS
12.26 VERSUS TECHNOLOGY
12.26.1 COMPANY OVERVIEW
12.26.2 COMPANY SNAPSHOT
12.26.3 REVENUE ANALYSIS
12.26.4 PRODUCT PORTFOLIO
12.26.5 RECENT DEVELOPMENTS
12.27 RADIANSE
12.27.1 COMPANY OVERVIEW
12.27.2 COMPANY SNAPSHOT
12.27.3 REVENUE ANALYSIS
12.27.4 PRODUCT PORTFOLIO
12.27.5 RECENT DEVELOPMENTS
12.28 UBISENSE
12.28.1 COMPANY OVERVIEW
12.28.2 COMPANY SNAPSHOT
12.28.3 REVENUE ANALYSIS
12.28.4 PRODUCT PORTFOLIO
12.28.5 RECENT DEVELOPMENTS
12.29 VIZBEE RFID SYSTEMS
12.29.1 COMPANY OVERVIEW
12.29.2 COMPANY SNAPSHOT
12.29.3 REVENUE ANALYSIS
12.29.4 PRODUCT PORTFOLIO
12.29.5 RECENT DEVELOPMENTS
12.3 SAVI TECHNOLOGY
12.30.1 COMPANY OVERVIEW
12.30.2 COMPANY SNAPSHOT
12.30.3 REVENUE ANALYSIS
12.30.4 PRODUCT PORTFOLIO
12.30.5 RECENT DEVELOPMENTS
*NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST
13 RELATED REPORTS
14 QUESTIONNAIRE
15 ABOUT DATA BRIDGE MARKET RESEARCH
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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