WASHINGTON, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Asset management is a systematic and cost-effective system of planning, acquiring, maintaining, operating, and disposing of the machinery, equipment, and physical assets of any healthcare organization. Various advantages over losing track of medical devices, high operational costs, time saver, improved patient care, rise in staff productivity, substantial reduction in expenses and exhaustive maintenance are the prime factors that promote the use of Healthcare Asset Management in healthcare organisations. Due to these benefits Healthcare Asset Management are gaining huge importance on a global market, states Vantage Market Research, in a report, titled “Healthcare Asset Management Market by Application (Staff Management, Equipment Tracking, Patient Tracking, Supply Chain Management), by End User (Hospital/Clinic, Laboratory, Pharmaceutical), by Region (North America, Latin America, Europe, Asia Pacific) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)”. The market size stood at USD 11,987.8 Million in 2021.
The Global Healthcare Asset Management Market size is expected to reach USD 85,789.1 Million by 2028, exhibiting a CAGR of 30.1% during the forecast period.
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The report on Healthcare Asset Management highlights:
- Assessment of the market
- Premium Insights
- Competitive Landscape
- COVID Impact Analysis
- Value Chain Analysis
- Historic Data, Estimates and Forecast
- Company Profiles
- Porter’s Five Forces Analysis
- Global and Regional Dynamics
Market Overview:
Increasing Demand for Healthcare Asset Management Solution in Pharmaceutical Industry is Expected to Drive the Market.
Organizations that supply medications to drug stores and healthcare centers around the country and abroad as well are under a great deal of strain to stay consistent with Food and Drug Administration (FDA) guidelines. These organisations have higher responsibility of patient care as their paramount goal. It is therefore absolutely critical for pharmaceutical firms and medication makers to stay ahead and accurate in all business practices, and that includes asset management. For Instance, the current pandemic proliferation, everyone is taking the utmost precaution to avoid this deadly virus. People are using sanitizers, masks, etc. to stop themselves from contracting or spreading the contagion. Pharmaceutical companies and hospitals are the most in focus these days as the prime production and healthcare centers. Due to these factors, there is a huge demand of Healthcare Asset Management Solution in Pharmaceutical Industry.
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COVID-19 Impact Analysis:
The COVID-19 outbreak has affected various industries worldwide. The Healthcare Asset Management Market also had a huge impact. Governments across the world took severe actions like border seals, lockdown, and implementing strict social distancing measures, in order to stop the swift spread of COVID-19. These actions led to a severe impact on the global economy impairing various industries. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data-points:
- Impact Assessment of COVID-19 Pandemic
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Quarterly Market Revenue Forecast by Region 2020 & 2021
- Key Strategies Undertaken by Companies to Tackle COVID-19
- Long Term Dynamics
- Short Term Dynamics
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Regional Analysis:
Increasing Growth of Healthcare Asset Management Market in North America
North America is expected to dominate the global Healthcare Asset Management Market in 2021 and is likely to continue the same trend during the forecast period. This region is dominated due to the growing concerns towards patient safety, acceptance of Healthcare Asset Management software in the medical as well as pharmaceutical industries. Major key players in countries such as U.S. and Canada are investing huge funds for Healthcare Asset Management software. Due to these factors this region is expected to flourish in coming years.
List of Prominent Players in the Healthcare Asset Management Market:
- Aeroscout Industrial
- Ekahau
- Awarepoint Corporation
- Elpas Ltd.
- Radianse
- Versus Technology, Inc.
- Vizbee RFID Solutions
- Zebra Technologies Corp.
- Thingmagic
- Sonitor Technologies.
- IBM
- Siemens
- General Electric Company
This market titled “Healthcare Asset Management Market” will cover exclusive information in terms of Geographic Segmentation, Regional Analysis, Forecast, and Quantitative Date – Units, Key Market Trends, and various others as mentioned below:
| Report Attribute | Details |
| Market Size in 2021 | USD 11,987.8 Million |
| Projected Market Size in 2028 | USD 85,789.1 Million |
| CAGR Growth Rate | CAGR of 30.1% from 2022–2028 |
| Base Year | 2021 |
| Historic Years | 2016 - 2020 |
| Forecast Years | 2022 - 2028 |
| Segments Covered | Application • Staff Management • Equipment Tracking • Patient Tracking • Supply Chain Management End User • Hospital/Clinic • Laboratory • Pharmaceutical |
| Quantitative Data - Units | Revenue in USD Million/Billion and CAGR from 2022 to 2028 |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
| Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
| Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
| Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Browse market data Tables and Figures spread through 186 Pages and in-depth TOC on "Healthcare Asset Management Market by Application (Staff Management, Equipment Tracking, Patient Tracking, Supply Chain Management), by End User (Hospital/Clinic, Laboratory, Pharmaceutical), by Region (North America, Latin America, Europe, Asia Pacific) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)" View detailed Research Report here – https://www.vantagemarketresearch.com/press-release/healthcare-asset-management-market-374908
Key questions answered in the report:
- Which regional market will show the highest and rapid growth?
- Which are the top five players of the Healthcare Asset Management Market?
- How will the Healthcare Asset Management Market change in the upcoming six years?
- Which application and product will take a lion’s share of the Healthcare Asset Management Market?
- What is the Healthcare Asset Management market drivers and restrictions?
- What will be the CAGR and size of the Healthcare Asset Management Market throughout the forecast period?
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