Healthcare Asset Management Market Growth to Hit USD 5,44,743.77 million at a 46.90% CAGR, Globally, by 2030 - Exclusive Report by Data Bridge Market Research

Healthcare Asset Management Market is a comprehensive and expert report that emphasizes market share, leading segments, geographic analysis, and primary and secondary drivers. A market research study includes basic, secondary, and advanced data about the state and trends of the global market as well as its size, growth, share, and segmentation as well as forecasts for the years 2023 through 2030. The study serves as the best foundation for examining competitors, evaluating their key capabilities, and creating a competitive environment for the Healthcare Asset Management Market sector. The Healthcare Asset Management Market Report is a meticulous examination of the market's current state, encompassing several key factors.

Explore Further Details about This Research Healthcare Asset Management Market Report https://www.databridgemarketresearch.com/reports/global-healthcare-asset-management-market

The global market for healthcare asset management is estimated to increase rapidly over the forecast period of 2023 to 2030. Asset management is a systematic and cost-effective method of planning, acquiring, maintaining, operating, and disposing of a healthcare organization's machinery, equipment, and physical assets. The primary considerations that encourage the usage of healthcare asset management in healthcare organisations include the benefits of not losing track of medical devices, high operational costs, time saver, enhanced patient care, increased staff productivity, significant cost savings, and extensive maintenance.           

Data Bridge Market Research analyses that the global healthcare asset management market, which was USD 25,119.90 million in 2022, is expected to reach USD 5,44,743.77 million by 2030, and is expected to undergo a CAGR of 46.90% during the forecast period of 2023 to 2030. "Radiofrequency Identification (RFID) devices dominates the product type segment of the global healthcare asset management market owing to the advancements in technology. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

Healthcare asset management entails efficiently and cost-effectively managing and maintaining machinery, equipment, and physical assets. Pumps, plumbing, compressors, wheelchairs, refrigeration, generators, condensers, mobile beds, heating, ventilation, and air conditioning (HVAC), and other hospital systems are typically included. It saves time and money, increases asset utilization, locates equipment faster, keeps the right inventory on hand, and promotes employee communication.

Some of the major players operating in the global healthcare asset management market are:

AiRISTA Flow, Inc. (U.S.)
CenTrak Inc. (U.S.)
 Novanta Inc. (US
 Sonitor Technologies (Norway)
 STANLEY Healthcare (U.S.)
VERSUS TECHNOLOGIES (U.S.)
 Zebra Technologies Corporation (U.S.)
 General Electric Company (U.S.)
 IBM (U.S.)
 Siemens Healthcare GmbH (Germany)
 Aeroscout Industrial (U.S.)
 Awarepoint Corporation (U.S.)
 Radianse (U.S.)
Midmark Corporation (U.S.)
 McKesson Corporation (U.S.)
 Cerner Corporation (U.S.)
Motorola Solutions, Inc. (U.S.)
 Infor, Inc. (U.S.)

Global Healthcare Asset Management Market Dynamics

Drivers

Rising Prevalence of Fake Drugs will Propel the Growth Rate of Market

According to the World Health Organization (WHO), approximately 250,000 children die each year as a result of the use of forged malaria and pneumonia medications. RFIDs and other healthcare asset management systems assist ensure that pharmaceuticals entering pharmacies and hospitals are genuine. RFID tags can readily be buried into medicine labels, allowing for drug tracking throughout the supply chain.

Increasing Demand for Better Asset Management in Hospitals

The increase in demand for better asset management in hospitals will cushion the growth rate of global healthcare asset management market. Healthcare organizations all over the world are adopting effective asset management systems and technologies as a result of mounting pressure to effectively manage their existing staff. The majority of healthcare companies spend a significant amount of their cash on hospital equipment tracking.

Global Healthcare Asset Management Market Scope

The global 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 a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product type

Radiofrequency Identification (RFID) Devices
Hardware
Passive tags
Active tags
Readers/Interrogators
Antennas
Accessories
Software
Services
Real-Time Location Systems (RTLS)
Hardware
Tags/Badges
Readers/Interrogators
Software
Services
Ultrasound and Infrared Tags

Application

Hospital Asset Management
Equipment Tracking and Management
Patient Management
Temperature and Humidity Monitoring
Staff Management and Infection Control
Hand Hygiene Compliance
Pharmaceutical Asset Management
Drug Anti-Counterfeiting
Supply Chain Management

Key Insights Of Healthcare Asset Management Market Report

The report comprises a detailed analysis of different segments and offers market valuations between 2023 to 2030.
This study presents the analytical depiction of the Healthcare Asset Management Market with the current trends and future estimations to determine the imminent investment pockets
The report also reveals information with respect to key drivers, restraints, and opportunities coupled with a comprehensive analysis of the global Healthcare Asset Management Market
The forecast period of the Healthcare Asset Management Market is assessed from 2024 to 2030 to highlight the Healthcare Asset Management Market growth scenario.
Porter's five forces analysis establishes the effectiveness of the buyers and suppliers in the business line.
The key players in the industry are profiled to gain an understanding of the strategies adopted by them.
This report provides the current trends and future estimations during the forecast period, which in turn aids in identify the prevailing market opportunities.

The company portfolio includes company synopsis, operating business sectors, business overview, product/service categories, and recent growth strategies adopted by them.

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