The healthcare asset management market is expected to reach USD 35.19 billion by 2023 from USD 6.89 billion in 2017, at a CAGR of 31.4%.
The Research report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the Healthcare Asset Management Market, along with revenue estimates & forecasts and market share analysis.
The growth of the healthcare asset management market is driven by need for better asset management in hospitals, acceptance of asset management solutions in the pharmaceutical industry, and decline in prices of RFID Tags.
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Healthcare Asset Management Market segmentation:
• Based on Products
• Based on Application
• Based on Regions.
The Major Players Opearting in the Healthcare Asset Management Market:
Key players in the Healthcare Asset Management Market include AiRISTA Flow (US), Elpas (US), CenTrak, Inc. (US), ThingMagic [A Novanta Company (US], Sonitor (Norway), Stanley Healthcare (US), Versus Technology, Inc. (US), Zebra Technologies (US), GE Healthcare (US), and IBM Corporation (US)
Stanley Healthcare was the leading player in the global Healthcare Asset Management Market. The company has a strong presence in US, Europe, emerging markets, and the RoW.
The leading position of the company is attributed to its strong brand image and product portfolio. Its portfolio includes sensor tags, sensor badges, resident tags and patients, patient tags and badges, and asset tags and software-mobile view platform. This strong network enables Stanley Healthcare to distribute products across the globe. In the past three years, the company adopted product launches, agreements, and partnerships to maintain its leading position in the market.
Geographical Detailed Analysis for Healthcare Asset Management Market:
North America is the largest regional segment in the Healthcare Asset Management Market followed by Europe.
The dominance of the North American market is attributed to factors such as growing patient safety concerns, acceptance of healthcare asset management solutions in hospitals, increasing need to tackle drug counterfeiting, technologically advanced products, and the presence of key players in the region.
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