Healthcare Asset Management Market Strong Concerns for Patient Safety | Key Players Aeroscout Industrial, Ekahau, Inc., Awarepoint Corporation, Elpas, Radianse

This Healthcare Asset Management Market research report contains most recent and efficient market insights with which businesses can ponder to augment their marketing, advertising, promotional and sales strategies. Research and analysis about the key developments in the Healthcare IT industry and key competitors along with their strategies included in this report assists businesses think about the bigger picture of the market place and products. The report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. Influential Healthcare Asset Management Market research report conducts the systematic, to the point and far-reaching study of the facts associated with any subject in the field of marketing.

Global Healthcare Asset Management Market is expected to reach USD 37,642 million by 2025, from USD 7,500 million in 2017 growing at a CAGR of 34.6% during the forecast period of 2018 to 2025.

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In April 2011, Awarepoint Corporation, which is one the leading provider of real-time location system (RTLS) solutions for hospitals had acquired Patient Care Technology Systems (PCTS The combined organization, of Awarepoint's and ZigBee based technology platform with PCTS's best-in-class software platform and clinical applications will provide the industry's leading all-inclusive enterprise-wide RTLS solution. PCTS currently serves 60 hospitals, while Awarepoint is installed at 93 hospitals and manages 150,627 assets, by far the most assets under management by a single company.

In April 2016, Midmark Corporation had acquired Versus Technology, Inc. The company most-deploys real-time locating systems (RTLS) provider in healthcare, using location technology and rules-based automation tools to make health systems safer and more efficient. The combination of Midmark and Versus will create a unique offering of clinical workflow solutions. These solutions encompass clinical workflow services, RTLS technology, medical equipment, diagnostic devices and design assistance, resulting in improved efficiency within health systems

Key Players:

Aeroscout Industrial,
Ekahau, Inc.,
Awarepoint Corporation,
Elpas,
Radianse,
Versus Technology, Inc.,
Vizbee RFID Solutions,
Zebra Technologies Corporation,
Thingmagic,
Sonitor Technologies,
IBM Corporation,
Ekahau, Inc.,
Awarepoint Corporation,
Siemens Healthcare,
GE Healthcare,
McKesson Corporation,
Cerner Corporation as among others.

Market Definition:

The asset management & tracking system are vital components in the effective management and use of medical equipment and supplies. These systems are ideal for critical medical devices and applications. They assist in medical facilities, improves care and better control risk. Custom design services helps to create RFID tags optimized for special needs. The various application of this system are tracking surgical equipment and sponges, ensuring properly sterilization of tools before next use, auto-configuration or dosage on basis of replaceable tools or cartridges, identifying patients, new-born and personnel for audit trails and treatment and inventory of biological probes in cryogenic environments.

Key players such as Sunflower Systems offers various asset management solutions to meet the needs of the healthcare industry by tracking high value medical and scientific equipment and items that range from highly mobile mission critical to items that are used on a daily basis. The Sunflower Enterprise Asset Management Solution is designed to increase physical and financial accountability for assets as an outcome of your everyday processes.

Major Market Drivers and Restraints:

Strong concerns for patient safety
Decreasing cost of hardware and software
Technological advancements
Increasing use in the pharmaceutical industry
Technical and operational issues
Privacy and ethical concerns
Initial investment requirements

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Market Segmentation:

Based on product:

FID In Hospitals
Real-Time Location Systems (RTLS)
Infrared And Ultrasound Tags
RFID In The Pharmaceutical Industry

On the basis of application:

Hospital Asset Management
Pharmaceuticals Asset Management

Based on geography:

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Some of the major countries covered in this report are:

U.S.
Canada
Germany
France
U.K.
Netherlands
Switzerland
Turkey
Russia
China
India
South Korea
Japan
Australia
Singapore
Saudi Arabia
South Africa
Brazil
Among others

Competitive Analysis:

The global healthcare asset management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of healthcare asset management market for global, Europe, North America, Asia Pacific and South America.

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