The global healthcare asset management market is anticipated to grow at a significant CAGR of 28.4% during the forecast period (2024-2031). The growing pressure on healthcare organizations to manage their existing workforce, patients and equipment in an effective & efficient manner is a key factor driving the growth of the global market. Several hospitals spend a large portion of revenue on tracking their equipment. The searching of these equipment could by time and money tacking. As per the survey conducted by the Nursing Times, more than one-third of nurses spend one hour locating equipment during an average hospital shift. This not only impacts budgets but also compromises the quality of offered patient care.
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Therefore, to unleash the potential of the healthcare asset management system to reduce time and cost of patient treatment key players are adopting different market growth strategies. For instance, in October 2023, GE HealthCare and reLink Medical collaborated to deliver asset management solutions to healthcare providers to help reduce medical device waste, increase operational efficiency and maximize their equipment utilization. This collaboration features a standardized medical equipment disposition solution involving selling, recycling or donating equipment that is no longer needed. This collaboration signifies a significant step forward in revolutionizing asset management solutions and empowering healthcare organizations with the tools and technologies needed to optimize their equipment utilization.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Application
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- Airista Flow, Inc., CenTrak, Inc., GE HealthCare Technologies, Inc., IBM Corp., and Stanley Security among others.
Key questions addressed by the report
Global Healthcare Asset Management Market Report Segment
By Application
By End-User
Global Healthcare Asset Management Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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