Healthcare Asset Management Market analysis, outlook and key industry players

Posted by Vinit on January 15th, 2021

The global market for healthcare asset management is on a track of growth with 18.2% CAGR for the forecast period of 2018 to 2023. Market Research Future (MRFR) revealed factors that can influence the global market outcome. These factors are the constant demand for increasing patient safety, efficient handling of resources, and the inclusion of advanced technologies to ease the workflow. The rise in expenditure to provide better support to the healthcare sector is expected to take the market forward.

Segmentation:

The healthcare asset management market, as discussed by MRFR research analysts, includes an application, product, and end-user as segments. These segments have various factors analyzed in them, which are then backed by figures and charts to make the report more reliable for developing strategies.

By product, the global market has been segmented into radiofrequency identification (RFID) devices, real-time location systems (RTLS), and ultrasound & infrared tags. The real-time location systems (RTLS) segment includes hardware, software and services. The hardware segment comprises tags/badges and readers/interrogators.

Competitive Landscape:

The global market for healthcare asset management is witnessing a surge due to the contributions made by several market players like GE Healthcare, IBM Corporation, cenTrak, Airista Flow, Tyco Security Products., Intelligent InSites, Infor Inc., Radianse, JADAK (a Novanta Company), Siemens Healthineers, Motorola Solutions, Inc., Stanley Black & Decker, Inc., Sonitor Technologies, Ekahau, Inc., and others.

The strategic decisions these companies make to increase their portfolio includes a detailed take on mergers, acquisitions, and collaborations. These companies have also increased their research expenditure, which will boost innovation and attract better launching and branding strategies. These can offer edge to the player that will help in staying ahead of peers. MRFR recorded these moves to make sure the market study remains holistic.