- November 25, 2019
- Category: Healthcare and LifeSciences, Healthcare IT
Global Hospital Asset Management Market Size study, by Product (Radiofrequency Identification (RFID) Devices, Real-Time Location Systems (RTLS) and Ultrasound & Infrared Tags), By Application (Hospital Asset Management and Pharmaceutical Asset Management) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Hospital Asset Management Market, by Region, 2018-2027 (USD Billion) 1.2.2. Hospital Asset Management Market, by Product 2018-2027 (USD Billion) 1.2.3. Hospital Asset Management Market, by Application 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Hospital Asset Management Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Hospital Asset Management Market Dynamics 3.1. Hospital Asset Management Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Hospital Asset Management Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Hospital Asset Management Market, by Product 5.1. Market Snapshot 5.2. Global Hospital Asset Management Market by Product, Performance - Potential Analysis 5.3. Global Hospital Asset Management Market Estimates & Forecasts by Product 2017-2027 (USD Billion) 5.4. Hospital Asset Management Market, Sub Segment Analysis 5.4.1. Radiofrequency Identification (RFID) Devices 5.4.2. Real-Time Location Systems (RTLS) 5.4.3. Ultrasound & Infrared Tags Chapter 6. Global Hospital Asset Management Market, by Application 6.1. Market Snapshot 6.2. Global Hospital Asset Management Market by Application, Performance - Potential Analysis 6.3. Global Hospital Asset Management Market Estimates & Forecasts by Application 2017-2027 (USD Billion) 6.4. Hospital Asset Management Market, Sub Segment Analysis 6.4.1. Hospital Asset Management 6.4.2. Pharmaceutical Asset Management Chapter 7. Global Hospital Asset Management Market, Regional Analysis 7.1. Hospital Asset Management Market, Regional Market Snapshot 7.2. North America Hospital Asset Management Market 7.2.1. U.S. Hospital Asset Management Market 126.96.36.199. Product breakdown estimates & forecasts, 2017-2027 188.8.131.52. Application breakdown estimates & forecasts, 2017-2027 7.2.2. Canada Hospital Asset Management Market 7.3. Europe Hospital Asset Management Market Snapshot 7.3.1. U.K. Hospital Asset Management Market 7.3.2. Germany Hospital Asset Management Market 7.3.3. France Hospital Asset Management Market 7.3.4. Spain Hospital Asset Management Market 7.3.5. Italy Hospital Asset Management Market 7.3.6. Rest of Europe Hospital Asset Management Market 7.4. Asia-Pacific Hospital Asset Management Market Snapshot 7.4.1. China Hospital Asset Management Market 7.4.2. India Hospital Asset Management Market 7.4.3. Japan Hospital Asset Management Market 7.4.4. Australia Hospital Asset Management Market 7.4.5. South Korea Hospital Asset Management Market 7.4.6. Rest of Asia Pacific Hospital Asset Management Market 7.5. Latin America Hospital Asset Management Market Snapshot 7.5.1. Brazil Hospital Asset Management Market 7.5.2. Mexico Hospital Asset Management Market 7.6. Rest of The World Hospital Asset Management Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Airista Flow (An Airista Affiliate) 184.108.40.206. Key Information 220.127.116.11. Overview 18.104.22.168. Financial (Subject to Data Availability) 22.214.171.124. Product Summary 126.96.36.199. Recent Developments 8.2.2. Elpas 8.2.3. GE Healthcare (A General Electric Company) 8.2.4. CenTtrak 8.2.5. IBM Corporation 8.2.6. Intelligent Insites 8.2.7. Thingmagic (A Novanta Company) 8.2.8. Sonitor 8.2.9. Stanley Black & Decker, Inc. 8.2.10. Versus Technology (A Midmark Company) Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Hospital Asset Management Market is valued approximately USD 6.30 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13.20 % over the forecast period 2020-2027. A Hospital asset management system helps to protect and manage hospital equipment. It uses automated software systems to monitor environment in hospital campus. The technology solutions are gaining traction due to the rising concerns regarding security. It offers competitive edge to hospitals by positioning their premise as monitored and secure place. Also, it gives competitive edge to hospitals by positioning their premise as secure and monitored place. Growing acceptance of asset management techniques due to reduction in the cost of hardware and software is anticipated to supplement the drive the growth of the market. Introduction of technological advancements such as smart active labels and Zigbee would also create lucrative growth aspects for the market. Also, the key players are focusing on strategies such as product launch, innovation and merger & acquisition to sustain themselves amidst fierce competition. In February 2019, Cigna and Sentara Healthcare have combined a new health utility network using blockchain. The purpose of the agreement is to convene a broad ecosystem of the healthcare enterprises in shared and secured environmental with a goal of allowing enterprises to build , deploy and share solutions using blockchain that drives digital transformation in the industry.
However, high cost associated with RFID Readers and rising concerns related to data security as well as privacy is hampering the growth of this market.
The regional analysis of global Hospital Asset Management market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region due to the growing awareness about the benefits of deploying asset management systems in healthcare. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Airista Flow (An Airista Affiliate)
GE Healthcare (A General Electric Company)
Thingmagic (A Novanta Company)
Stanley Black & Decker, Inc.
Versus Technology (A Midmark Company)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product :
Radiofrequency Identification (RFID) Devices
Real-Time Location Systems (RTLS)
Ultrasound & Infrared Tags
Hospital Asset Management
Pharmaceutical Asset Management
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Hospital Asset Management Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers