Healthcare Asset Management Market Trends, competitive landscape, production supply, demand industry structure size share trends growth prospects and demand analysis
Healthcare Asset Management Market Trends Overview
The Healthcare Asset Management Market
Trends to showcase an
extraordinary 18.2% CAGR over the forecast period (2018-2023), revealed Market
Research Future (MRFR) in a well-outlined report on the same market. The
healthcare asset management includes patient record management, easy access to
maintenance record, locating medical equipment, and registering of the status
of each equipment. Increasing demand for healthcare and the availability of
varying types of treatment are creating a situation where easy access to
everything is prized. This would help in quick and efficient service delivery
to patients. When time is of the essence, then keeping everything at a hand’s
distance becomes necessary. Healthcare asset management does that quite
efficiently. MRFR, while having a detailed study of the Healthcare Asset
Management Market Trends, harps on segments and their volume-wise and
value-wise valuation. In sync, it also analyses the factors that may play an
important role in the coming years.
Patient safety
gets the priority in the healthcare sector which can provide the much-needed
traction to the market. Among the other factors, its ability to simplify the
work process can be considered one of the major influencers. In addition, with
rising investment in R & D, the sector is only going to flourish. However,
accuracy issues and high installation cost can hamper the expected growth rate
of the market.
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Segmentation:
MRFR, to provide an in-depth analysis of the Healthcare
Asset Management Market Trends, segments it by product, application, and
end-user.
Based on the
product, the Healthcare Asset Management Market Trends can be segmented into
radiofrequency identification (RFID) devices, real-time location systems
(RTLS), and ultrasound & infrared tags. The real-time location systems
(RTLS) segment further includes software, hardware, and services. The hardware
segment comprises tags/badges and readers/interrogators. The radiofrequency
identification (RFID) devices segment consists hardware, and software and
services of which, the hardware segment includes tags, readers/interrogators,
and accessories. The tags can be sub-segmented into passive tags and active
tags. The passive tags segment has been divided into high-frequency (HF) tags,
ultra-high-frequency (UHF) tags and low-frequency (LF) tags.
Based on the
application, the Healthcare Asset Management Market Trends can be segmented
into hospital asset management and pharmaceutical asset management. The
hospital asset management segment has in its core temperature & humidity
monitoring, equipment tracking & management, staff management &
infection control, patient management, and hand hygiene compliance. The
pharmaceutical asset management segment includes drug anti-counterfeiting and
supply chain management.
Based on the end-user, the Healthcare
Asset Management Market Trends can be segmented into hospital/clinic,
laboratories, pharmaceutical companies, and biotechnology.
Regional
Analysis:
MRFR included
regions such as the Americas, Asia Pacific (APAC), Europe, and the Middle East
& Africa (MEA) in their report on the Healthcare Asset Management Market
Trends.
The Americas is
a market that is highly evolved, both infrastructurally and technologically.
High investment potential in the region enables various end-users in
integrating the Healthcare Asset Management Market Trends. These factors are
going to play a big role in maintaining the premier position it is enjoying now
in the global market.
Europe’s market
is the second biggest one where the crisis of counterfeit drugs can be avoided
with such effective methods. At the same time, the increasing investment for
research and development sector can assure the market of better management
technology in the coming years. The regional healthcare sector is relying much
on the prosperity of healthcare asset management as it can ease the entire
workflow to back the growing demands from patients. The AAPC market is all set
to grow with the fastest CAGR during the forecast period. Rapid digitization in
the healthcare sector is expected to boost the market. The MEA market can
contribute a small part only as the region is technologically not that
well-structured.
Competitive
Landscape:
Notable players
to take part in the Healthcare Asset Management Market Trends are Airista Flow,
GE Healthcare, CenTrak, Infor Inc., Tyco Security Products., Intelligent
InSites, Motorola Solutions, Inc., Radianse, IBM Corporation, Siemens
Healthineers, JADAK (a Novanta Company), Sonitor Technologies, Stanley Black
& Decker, Inc., Ekahau, Inc., and others.
In 2018,
Motorola Solutions took over Avigilon. Avigilon is a Canada-based company that
made its reputation as an AI, video analytics, and other services provider.
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