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| Healthcare Asset Management Market |
The global healthcare asset management market is estimated to be valued at US$14.9 billion in 2022 and is expected to exhibit a CAGR of 11.2% over the forecast period of 2023-2030, according to a new report published by Coherent Market Insights.
Market Overview:
The healthcare asset management market involves the tracking and management of
medical equipment and facilities to optimize asset utilization and improve
overall operational efficiency. The increasing focus on seamless workflows,
regulatory compliance, and cost containment in the healthcare industry is
driving the demand for efficient asset management solutions. These solutions
offer several advantages, such as real-time asset tracking, automated
maintenance scheduling, improved inventory management, and enhanced patient
safety. The need for accurate and timely information about assets, their
location, and maintenance status is crucial for healthcare providers to ensure
efficient resource allocation and mitigate financial risks.
Market Key Trends:
One key trend in the healthcare asset management market is the adoption of
real-time location systems (RTLS) for asset tracking and inventory management.
RTLS utilizes technologies such as RFID, Wi-Fi, and Bluetooth Low Energy (BLE)
to provide real-time visibility and location information of assets within
healthcare facilities. This enables healthcare providers to accurately track
the movement and utilization of assets, minimize equipment loss or theft, and
improve efficiency in inventory management. RTLS also helps in automating
maintenance and service requests, optimizing resource allocation, and reducing
operational costs. The increasing integration of RTLS with other healthcare IT
systems, such as electronic health records (EHR) and hospital information
systems (HIS), further enhances the overall asset management capabilities and
facilitates seamless information flow across different departments.
Segment Analysis
The healthcare asset management market can be segmented based on product type,
end-user, and geography.
In terms of product type, the dominating segment in the healthcare asset
management market is the real-time locating system (RTLS). RTLS provides
accurate, real-time tracking and monitoring of assets within a healthcare
facility, allowing for better asset utilization, increased productivity, and
improved patient care. It is widely used in hospitals, clinics, and other
healthcare facilities to track and manage medical equipment, personnel, and
patients. RTLS is preferred over other asset management solutions due to its
high accuracy, reliability, and ease of use.
Key Takeaways
The global Healthcare
Asset Management Market Share is expected to witness high growth,
exhibiting a CAGR of 11.2% over the
forecast period of 2023-2030. This growth can be attributed to several factors,
including the increasing need for efficient asset management in healthcare
facilities, the rising adoption of advanced technologies such as RTLS, and the
growing focus on patient safety and quality of care.
In terms of regional analysis, North America is expected to be the
fastest-growing and dominating region in the healthcare asset management
market. This can be attributed to the presence of well-established healthcare
infrastructure, increased investment in healthcare technologies, and the
growing focus on improving healthcare outcomes. Additionally, the region has a
high adoption rate of advanced healthcare technologies and a favorable
reimbursement scenario, further driving market growth.
Key players operating in the healthcare asset management market include Aeroscout,
Inc, Radianse, Motorola Solutions, Infor, Inc., IBM Corporation, GE Healthcare,
Airista Flow, Sonitor Technologies, Siemens Healthineers, and Awarepoint
Corporation, among others. These companies offer a wide range of asset
management solutions and services to cater to the diverse needs of healthcare
facilities. They focus on product innovations, strategic collaborations, and
mergers and acquisitions to gain a competitive edge in the market.
Read More,
https://www.marketwebjournal.com/healthcare-asset-management-market-trends-size-share-analysis/
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