United States Hospital Asset Management Market Industry Outlook & Growth Analysis 2025 | Major Players 2025 - Ascom, Awarepoint Corporation, CenTrak

"Hospital Asset Management Market size was valued US$ 13002. 45 million in 2021 and is estimated to reach US$ 98,314.43 million by 2030, growing at a CAGR of 25.5% during the forecast period (2023-2030)." As per DataM intelligence research report

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United States: Recent Hospital Asset Management Developments

✅ In September 2025, GE Healthcare launched a cloud-based hospital asset management platform in Massachusetts.The system tracks medical equipment, predicts maintenance needs, and optimizes utilization.It enhances operational efficiency and reduces downtime in healthcare facilities.

✅ In August 2025, Philips Healthcare invested $25 million to expand its smart asset management solutions for hospitals in California.The platform integrates IoT sensors and AI analytics for real-time equipment monitoring.Deployment is expected by Q1 2026.

✅ In July 2025, Siemens Healthineers introduced an AI-enabled inventory and asset tracking solution in Texas.The system helps hospitals monitor critical devices and manage lifecycle planning.It improves patient care by ensuring equipment availability.

✅ In June 2025, Hillrom (now Baxter International) completed the launch of a predictive maintenance and asset optimization system for US hospitals in New Jersey.The platform reduces operational costs and supports regulatory compliance.

Japan: Recent Hospital Asset Management Developments

✅ In September 2025, Fujifilm Healthcare launched a smart hospital asset tracking system in Tokyo.The platform monitors imaging and critical care equipment, enabling predictive maintenance.It supports Japan's hospital digitalization initiatives.

✅ In August 2025, NEC Corporation invested in IoT-based hospital asset management solutions in Osaka.The system tracks medical devices, optimizes utilization, and predicts failures.Pilot implementation is ongoing in select hospitals.

✅ In July 2025, Hitachi Healthcare introduced an AI-driven asset monitoring and management platform in Kyoto.The solution integrates with hospital IT systems to improve workflow and reduce equipment downtime.It aligns with Japan's smart hospital strategies.

✅ In June 2025, M3, Inc. completed deployment of a nationwide hospital asset management solution in Fukuoka.The platform enhances tracking, maintenance, and resource allocation across multiple facilities.It improves efficiency and patient care.

Hospital Asset Management Market: Drivers

The hospital asset management market is experiencing rapid growth as healthcare facilities increasingly seek to optimize the utilization, maintenance, and lifecycle management of medical equipment and other critical assets. Rising adoption is driven by the need to reduce operational costs, improve patient care, and ensure compliance with regulatory standards. Additionally, hospitals are leveraging asset management systems to track equipment availability, streamline inventory management, and minimize downtime, which supports more efficient clinical workflows. The expansion of healthcare infrastructure, growing investments in smart hospitals, and rising focus on operational efficiency are further fueling market growth. Increasing adoption of connected devices and IoT-enabled assets is also shaping the market landscape.

Technological advancements are significantly enhancing hospital asset management. Integration of IoT sensors, RFID tags, and GPS tracking enables real-time monitoring, location tracking, and predictive maintenance of medical equipment. AI and analytics platforms allow data-driven insights for resource allocation, utilization optimization, and cost reduction. Cloud-based asset management systems facilitate centralized control, remote access, and seamless integration with hospital information systems. Advances in automated reporting, workflow management, and mobile applications improve operational efficiency and decision-making. With ongoing innovation and rising demand for efficient healthcare operations, the hospital asset management market is poised for sustained growth.

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Hospital Asset Management Market: Major Players

Ascom, Awarepoint Corporation, CenTrak, Ekahau, GE Healthcare, Honeywell International, Inc., Impinj, Inc., Sonitor Technologies, STANLEY Healthcare, and ZIH Corp

Segment Covered in the Hospital Asset Management Market:

➥ By Type: Real-Time Location Systems, Radio-Frequency Identification, Ultrasound, Infrared

➥ By Application: Patient Management, Staff Management, Instrument Management, Supply Chain Management

➥ By End-User: Hospitals and Clinics, Pharmaceutical Companies, Biotechnology Companies, Others

Research Process:

Both primary and secondary data sources have been used in the Hospital Asset Management Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Most Frequently Asked Questions in the Hospital Asset Management Market Research Industry:

➠ Who leads the Hospital Asset Management industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Hospital Asset Management market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Hospital Asset Management market growth?
➠ What are the dominant sales and distribution strategies in the Hospital Asset Management industry?

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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