Market Research Report
Global Healthcare Asset Management Market - Technologies, Market share and Industry Forecast to 2024
|Published by||Occams Business Research & Consulting Pvt. Ltd.||Product code||657085|
|Published||Content info||240 Pages
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|Global Healthcare Asset Management Market - Technologies, Market share and Industry Forecast to 2024|
|Published: June 21, 2018||Content info: 240 Pages||
Global healthcare asset management market is expected to rise with a CAGR of 33.7% over the forecast period (2017-2024). The driving forces of global healthcare asset management market are increasing concerns of drug counterfeiting, patient centric trend in the healthcare industry, technological advancements and high healthcare expenditure throughout the globe. However, the healthcare asset management growth is impeded by some factors that are privacy & ethical concerns coupled with accuracy of RFID tags.
Global healthcare asset management market report includes two major segments that are products and applications. Further, the product segment has been divided into Radio frequency Identification (RFID), Real-time Location Systems (RTLS) and Infrared and ultrasound tags. The RFID segment accounted as the dominant segment in 2017 in terms of revenue. The sub segments of RFID are hardware and software. The hardware segment has Tags, Readers/Interrogators and Antennas. The second major segment application has been bifurcated into two sub segments that are Hospital asset management and Pharmaceuticals Asset Management. Again, the hospital management systems are sub segmented into Staff Management, Equipment Management, Patient Management and Temperature and Humidity Monitoring. The Staff Management market is expected to register the fastest growth rate over the forecast period (2017-2024). Likewise, the Pharmaceuticals Asset Management contains sub segments that are Anti-Drug Counterfeiting and Supply Chain.
Global healthcare asset management market faces some serious challenges that are pharmaceutical supply chain management and technical & operational issues. However, the market has bright opportunities that may push the growth of healthcare asset management market. The opportunities include expansion of healthcare IT coupled with radiation resistant RFID tags.
Global healthcare asset management market report has been geographically segmented in North America, Asia Pacific, Europe, Rest of world. North America dominated the healthcare asset management market in 2017 in terms of revenue. The adoption of healthcare asset management systems is high across North America due to the high healthcare expenditure and patient centric culture. However, Asia Pacific is expected to witness the fastest growing region over the forecast period (2017-2024). Rising awareness towards patient safety and health and steadily increasing healthcare expenditure are the factors attributing to the fastest growth rate of Asia Pacific. The key players of healthcare asset management market are Aeroscout Industrial (U.S.), IBM Corporation (U.S.), Awarepoint Corporation (U.S.), Elpas Ltd. (Israel), Vizbee RFID Solutions (France) and others. These companies are adopting various strategies such as merger & acquisition, collaboration, partnership, agreement and product launch. Partnership is the key strategy adopted by the companies in the healthcare asset management market.