Press Resease

Hospital Asset Management Market by Product (Real-Time Location Systems, Radio-Frequency Identification, Ultrasound, and Infrared), by Application (Patient Management, Staff Management, Instrument Management, and Supply Chain Management), and by End-User (Hospitals and Clinics, Pharmaceutical Companies, Biotechnology Companies, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 13-Jun-2019 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3141 Status : Published

Global hospital asset management market expected to generate around USD 53.17 billion by 2025, at a CAGR of around 31.2% between 2019 and 2025. The global hospital asset management market is expanding rapidly, due to the improvement and optimization of workflow, productivity, safety, reduction in stock, and higher returns on investment.

Description

The report covers a forecast and an analysis of the hospital asset management market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the hospital asset management market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the hospital asset management market on a global and regional level.

In order to provide the users of this report a comprehensive and holistic view of the hospital asset management market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. We have also included the market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Hospital Asset Management Market

The report provides company market share and growth analysis to give a broader overview of the key players, its major competitors in the hospital asset management market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the hospital asset management market on a global and regional basis.

The report provides a crucial view of the hospital asset management market by segmenting it based on product, application, end-user, and region. The market is segmented by geography into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further division into major countries, such as the U.S., UK, France, Germany, China, Japan, India, Brazil, etc.

Some major participants of the global hospital asset management market are Awarepoint Corporation, GE Healthcare, Ascom, Honeywell International, CenTrak, Ekahau, STANLEY Healthcare, Sonitor, Zebra Technology, ZIH Corporation, and IBM.

This report segments the global hospital asset management market into:

Global Hospital Asset Management Market: By Product

  • Radio Frequency Identification Devices (RFID)
  • Real-Time Location Systems (RTLS)
  • Ultrasound
  • Infrared

Global Hospital Asset Management Market: By Application

  • Patient Management
  • Staff Management
  • Instrument Management
  • Supply Chain Management

Global Hospital Asset Management Market: By End-User

  • Hospitals and Clinics
  • Pharmaceutical Companies
  • Biotechnology Companies
  • Others (Laboratories, Cosmetic Industry, Medical Devices Companies, etc.)

Global Hospital Asset Management Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Hospital Asset Management Market Revenue, 2016-2025 (USD Billion)
    • 2.2. Global hospital asset Management Market: Snapshot
  •  
  • Chapter 3. Global Hospital Asset Management Market- Industry Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global hospital asset management Market drivers: Impact analysis
      • 3.2.2. Improvement and optimization of workflow
      • 3.2.3. Reduction in inventory
      • 3.2.4. Growing healthcare IT infrastructure
      • 3.2.5. Technological advancements
      • 3.2.6. The increased need for security in hospitals
      • 3.2.7. Increasing investments by key market players in hospital asset management
    • 3.3. Market Restraints
      • 3.3.1. The high cost of advanced RFID
      • 3.3.2. Strict regulatory requirements
      • 3.3.3. High implementation costs
    • 3.4. Opportunities
      • 3.4.1. Huge unexplored hospital asset management
      • 3.4.2. Reducing equipment cost
      • 3.4.3. Availability of new technology
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by Product
      • 3.6.2. Market attractiveness analysis, by Application
      • 3.6.3. Market attractiveness analysis, by End-user
      • 3.6.4. Market attractiveness analysis, by Region
  •  
  • Chapter 4. Global Hospital Asset Management Market - Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global: Company Market Share, 2018
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
  •  
  • Chapter 5. Global Hospital Asset Management Market - Product Analysis
    • 5.1. Global Hospital Asset Management Market: Product overview
      • 5.1.1. Global Hospital Asset Management Market revenue share, by Product, 2018 and 2025
    • 5.2. Real-time location system (RTLS)
      • 5.2.1. Global Hospital Asset Management Market for real-time location systems (RTLS), 2016-2025 (USD Billion)
    • 5.3. Radio-frequency identification devices (RFID)
      • 5.3.1. Global Hospital Asset Management Market for radio-frequency identification devices (RFID), 2016-2025 (USD Billion)
    • 5.4. Ultrasound
      • 5.4.1. Global Hospital Asset Management Market for ultrasound, 2016-2025 (USD Billion)
    • 5.5. Infrared
      • 5.5.1. Global Hospital Asset Management Market for infrared, 2016-2025 (USD Billion)
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  • Chapter 6. Global Hospital Asset Management Market - Application Analysis
    • 6.1. Global Hospital Asset Management Market: Application overview
      • 6.1.1. Global Hospital Asset Management Market revenue share, by Application
    • 6.2. Patient Management
      • 6.2.1. Global Hospital Asset Management Market for patient management, 2016-2025 (USD Billion)
    • 6.3. Staff Management
      • 6.3.1. Global Hospital Asset Management for staff management, 2016-2025 (USD Billion)
    • 6.4. Instrument Management
      • 6.4.1. Global Hospital Asset Management Market for Instrument management, 2016-2025 (USD Billion)
    • 6.5. Supply chain Management
      • 6.5.1. Global Hospital Asset Management Market for supply chain management, 2016-2025 (USD Billion)
  •  
  • Chapter 7. Global Hospital Asset Management Market - End-User Analysis
    • 7.1. Global Hospital Asset Management Market: End-User overview
      • 7.1.1. Global Hospital Asset Management Market revenue share, End-User 2018 and 2025
    • 7.2. Hospitals and clinics
      • 7.2.1. Global Hospital Asset Management Market for Hospitals and clinics, 2016-2025 (USD Billion)
    • 7.3. Pharmaceutical Companies
      • 7.3.1. Global Hospital Asset Management Market for Pharmaceutical companies, 2016-2025 (USD Billion)
    • 7.4. Biotechnology Companies
      • 7.4.1. Global Hospital Asset Management Market for Biotechnology companies, 2016-2025 (USD Billion)
    • 7.5. Others
      • 7.5.1. Global Hospital Asset Management Market for others, 2016-2025 (USD Billion)
  •  
  • Chapter 8. Global Hospital Asset Management Market - Regional Analysis
    • 8.1. Global Hospital Asset Management Market: Regional overview
      • 8.1.1. Global Hospital Asset Management Market revenue share, by region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
      • 8.2.2. North America Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.2.3. North America Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.2.4. The U.S.
        • 8.2.4.1. The U.S. Hospital Asset Management Market Revenue, by product, 2016-2025 (USD Billion)
        • 8.2.4.2. The U.S. Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.2.4.3. The U.S. Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe Hospital Asset Management Market Revenue, by product, 2016-2025 (USD Billion)
      • 8.3.2. Europe Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.3.3. Europe Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.3.4. Germany
        • 8.3.4.1. Germany Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
        • 8.3.4.2. Germany Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.3.4.3. Germany Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.3.5. UK
        • 8.3.5.1. UK Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
        • 8.3.5.2. UK Hospital Asset Management Market Revenue, by Application,2016-2025 (USD Billion)
        • 8.3.5.3. UK Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.3.6. France
        • 8.3.6.1. France Hospital Asset Management Market Revenue, by product, 2016-2025 (USD Billion)
        • 8.3.6.2. France Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.3.6.3. France Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
      • 8.4.2. Asia Pacific Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.4.3. Asia Pacific Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.4.4. China
        • 8.4.4.1. China Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
        • 8.4.4.2. China Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.4.4.3. China Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.4.5. Japan
        • 8.4.5.1. Japan Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
        • 8.4.5.2. Japan Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.4.5.3. Japan Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.4.6. India
        • 8.4.6.1. India Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
        • 8.4.6.2. India Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.4.6.3. India Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
      • 8.5.2. Latin America Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.5.3. Latin America Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
        • 8.5.4.2. Brazil Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
        • 8.5.4.3. Brazil Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Hospital Asset Management Market Revenue, by Product, 2016-2025 (USD Billion)
      • 8.6.2. The Middle East and Africa Hospital Asset Management Market Revenue, by Application, 2016-2025 (USD Billion)
      • 8.6.3. The Middle East and Africa Hospital Asset Management Market Revenue, by End-User, 2016-2025 (USD Billion)
  •  
  • Chapter 9. Company Profile
    • 9.1. GE Healthcare
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. Ascom
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. Awarepoint Corporation
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. CenTrak
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Honeywell International
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. Sonitor
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. STANLEY Healthcare
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. Zebra Technology
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
    • 9.9. IBM
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments

Methodology

Free Analysis

Hospital asset management refers to the managing hospital’s machinery and equipment and tracking assets like mobile beds and wheelchairs, which are used across departments or hospital floors. It also helps in the management and protection of hospital equipment, to manage the machinery and equipment; it uses automated software systems to monitor the hospital campus environment. Hospitals are large enterprises that require lots of equipment and a large workforce in various departments. Therefore, tracking everything becomes a complex task, especially, in hospitals, where serious emergencies can occur at any moment. Thus, it becomes highly essential to keep a track record so that critical equipment can be found when required. Equipment management and tracking solutions play a significant role in enabling an efficient operation in hospitals with optimized use of materials and workforce.

The global hospital asset management market is expanding rapidly, due to the improvement and optimization of workflow, productivity, safety, reduction in stock, and higher returns on investment. Furthermore, the increasing demand for security in hospitals and effective management with optimized expenses, decreasing prices of RFID, rising number of strict regulatory requirements as a good quality practice, and flourishing pharmaceutical, medical device, and biopharmaceutical industries are also driving this market. Moreover, the growing adoption of asset management solutions by healthcare service providers also contributes to the growth of global healthcare asset management market. However, the high costs of RFID tags and even higher implementation costs may hamper the global hospital asset management market in the future. Alternatively, the hospital asset management market is likely to experience better growth potential due to reducing equipment costs and the availability of new technologies.

Global Hospital Asset Management Market

The global hospital asset management market is fragmented on the basis of product, application, and end-user. Based on product, the market is classified into radio-frequency identification devices (RFID), real-time location systems (RTLS), infrared, and ultrasound. The RFID segment is expected to hold the largest share in the global hospital asset management market, due to the increasing use of RFID devices by biopharmaceutical and pharmaceutical sectors to manage the supply chain system effectively. Based on application, the market includes patient management, supply chain management, staff management, and instrument management. Based on end-user, the market includes hospitals and clinics, pharmaceutical companies, biotechnology companies, and others.

By geography, North America dominated the global hospital asset management market in 2018, due to the established IT infrastructure, rising concerns about patient safety, and technological advancements related to RFID and RLTS. The Asia Pacific hospital asset management market is being driven by the developing countries like India and China that are experiencing rapid digitalization in the healthcare sector due to constant support from government and growing demand for better healthcare.

Some major participants of the global hospital asset management market are Awarepoint Corporation, GE Healthcare, Ascom, Honeywell International, CenTrak, Ekahau, STANLEY Healthcare, Sonitor, Zebra Technology, ZIH Corporation, and IBM.

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