Healthcare Asset Management Market Size, Share, Growth

The Hospital Asset Management Systems Global Market Report 2023, provides comprehensive information on the hospital asset management systems market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Hospital Asset Management Systems Global Market Report 2023, the global hospital asset management systems market is expected to grow from $17.60 billion in 2022 to $21.85 billion in 2023 at a compound annual growth rate (CAGR) of 24.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hospital asset management systems market is expected to reach $41.38 billion in 2027 at a CAGR of 23.8%.

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Product innovation is a key trend gaining popularity in the hospital asset management systems market. Major companies operating in the hospital asset management systems market are concentrating on creating innovative products to strengthen their position in the market. For instance, in April 2020, Alcatel-Lucent Enterprise (ALE), a France-based software company, launched OmniAccess Stellar Asset Tracking, a new real-time asset-tracking solution. It offers unprecedented scale and excellent availability, along with real-time location services. The system fully realizes the potential of real-time tracking with meter-level accuracy and extremely low latency when presenting the physical location of a tag on a mobile device. This has the immediate benefit of a rapid Return on Investment (ROI), reduced Operational Expenditures (OPEX), and improved workflows and efficiency, especially in large and complex facilities like hospitals and commercial buildings.

The hospital asset management systems market is segmented:

1) By Product Type: Radio-Frequency Identification (RFID), Real-Time Location Systems (RTLS), Ultrasound And Infrared Tags

2) By Application: Patient Management, Equipment Tracking And Management, Temperature And Humidity Control, Infection Control And Hygiene Compliance, Staff Management, Pharmaceutical Asset Management, Other Applications

3) By End-Use: Hospitals, Laboratories, Other End Users

North America was the largest region in the hospital asset management systems market in 2022.

The table of contents in TBRC’s hospital asset management systems market report includes:

1. Executive Summary
2. Hospital Asset Management Systems Market Characteristics
3. Hospital Asset Management Systems Market Trends And Strategies
4. Hospital Asset Management Systems Market – Macro Economic Scenario
5. Global Hospital Asset Management Systems Market Size and Growth

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32. Global Hospital Asset Management Systems Market Competitive Benchmarking
33. Global Hospital Asset Management Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Hospital Asset Management Systems Market
35. Hospital Asset Management Systems Market Future Outlook and Potential Analysis
36. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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