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Press Release:

Global Healthcare Asset Management Market to Reach US$ 25.93 Billion by 2027, Propelled by Improving Healthcare Infrastructure

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Healthcare Asset Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global healthcare asset management market reached a value of US$ 13.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.93 Billion by 2027, exhibiting at a CAGR of 11.58% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Healthcare asset management involves managing and maintaining machinery, equipment, and physical assets efficiently and cost-effectively. It generally includes pumps, refrigeration, plumbing, wheelchairs, condensers, generators, compressors, mobile beds, heating, ventilation, and air-conditioning (HVAC), and other systems within a hospital. It saves time and money, improves asset utilization rate, locates equipment quickly, maintains appropriate inventory stock, and boosts staff communication. At present, it is widely utilized in hospitals and healthcare facilities worldwide to ensure the smooth functioning of equipment and other supplies and improve the quality of patient care.

 

 
 

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Healthcare Asset Management Market Trends:

Due to advancements in medical devices, hospitals nowadays have numerous systems and medical equipment that require effective running and management. This represents one of the key factors catalyzing the demand for healthcare asset management to ensure that critical systems and equipment are maintained, tested, and kept in a working condition. Moreover, the increasing prevalence of chronic diseases around the world and easy access to healthcare services are promoting the adoption of healthcare asset management to maintain a safe, clean, and well-maintained medical environment. Apart from this, the healthcare asset management system provides alerts that help reduce delays experienced by patients and staff, improve the profitability of the facility, and ensure patient satisfaction. This, in confluence with increasing emphasis on improved quality of care, is influencing the market positively. Furthermore, leading market players are offering Internet of Things (IoT) remote monitoring and online mobile solutions that eliminate the need for printouts, reduce waste, and decrease repair time. In addition to this, the rising need to comply with strict industry standards is anticipated to drive the demand for these solutions across the globe.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global healthcare asset management market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, application and end user.

Breakup by Product:

 

 
 

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  • Radiofrequency Identification Devices (RFID)
  • Real-Time Location Systems (RTLS)
  • Others
     

Breakup by Application:

  • Hospital Asset Management
    • Staff Management
    • Equipment Tracking and Management
    • Patient Management
    • Others
  • Pharmaceutical Asset Management
    • Drug Anti-counterfeiting
    • Supply Chain Management
       

Breakup by End User:

  • Hospitals and Clinics
  • Laboratories
  • Pharmaceutical Companies
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, AiRISTA Flow Inc., CenTrak Inc. (Halma plc), Cerner Corporation, General Electric Company, International Business Machines Corporation, Midmark Corporation, Motorola Solutions Inc., Novanta Inc., Siemens AG, Sonitor Technologies, Stanley Black & Decker Inc. and Zebra Technologies Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Accenture plc, AiRISTA Flow Inc., CenTrak Inc. (Halma plc), Cerner Corporation, General Electric Company, International Business Machines Corporation, Midmark Corporation, Motorola Solutions Inc., Novanta Inc., Siemens AG, Sonitor Technologies, Stanley Black & Decker Inc. and Zebra Technologies Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global healthcare asset management market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global healthcare asset management market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global healthcare asset management market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Healthcare Asset Management Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product
    6.1    Radiofrequency Identification Devices (RFID)
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Real-Time Location Systems (RTLS)
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7   Market Breakup by Application
    7.1    Hospital Asset Management
        7.1.1 Market Trends
        7.1.2 Key Segments
           7.1.2.1 Staff Management
           7.1.2.2 Equipment Tracking and Management
           7.1.2.3 Patient Management
           7.1.2.4 Others
        7.1.3 Market Forecast
    7.2    Pharmaceutical Asset Management
        7.2.1 Market Trends
        7.2.2 Key Segments
           7.2.2.1 Drug Anti-counterfeiting
           7.2.2.2 Supply Chain Management
        7.2.3 Market Forecast
8   Market Breakup by End User
    8.1    Hospitals and Clinics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Laboratories
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Pharmaceutical Companies
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Accenture plc
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    AiRISTA Flow Inc. 
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    CenTrak Inc. (Halma plc)
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Cerner Corporation
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    General Electric Company
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    International Business Machines Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Midmark Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Motorola Solutions Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Novanta Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Siemens AG
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Sonitor Technologies
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Stanley Black & Decker Inc.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis
        14.3.13    Zebra Technologies Corporation
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio
           14.3.13.3 Financials
           14.3.13.4 SWOT Analysis

List of Figures

Figure 1: Global: Healthcare Asset Management Market: Major Drivers and Challenges
Figure 2: Global: Healthcare Asset Management Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Healthcare Asset Management Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Healthcare Asset Management Market: Breakup by Product (in %), 2021
Figure 5: Global: Healthcare Asset Management Market: Breakup by Application (in %), 2021
Figure 6: Global: Healthcare Asset Management Market: Breakup by End User (in %), 2021
Figure 7: Global: Healthcare Asset Management Market: Breakup by Region (in %), 2021
Figure 8: Global: Healthcare Asset Management (Radiofrequency Identification Devices-RFID) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Healthcare Asset Management (Radiofrequency Identification Devices-RFID) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Healthcare Asset Management (Real-Time Location Systems-RTLS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Healthcare Asset Management (Real-Time Location Systems-RTLS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Healthcare Asset Management (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Healthcare Asset Management (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Healthcare Asset Management (Hospital Asset Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Healthcare Asset Management (Hospital Asset Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Healthcare Asset Management (Pharmaceutical Asset Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Healthcare Asset Management (Pharmaceutical Asset Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Healthcare Asset Management (Hospitals and Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Healthcare Asset Management (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Healthcare Asset Management (Laboratories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Healthcare Asset Management (Laboratories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Healthcare Asset Management (Pharmaceutical Companies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Healthcare Asset Management (Pharmaceutical Companies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Healthcare Asset Management (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Healthcare Asset Management (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: North America: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: North America: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: United States: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: United States: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Canada: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Canada: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Asia-Pacific: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Asia-Pacific: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: China: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: China: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Japan: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Japan: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: India: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: India: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: South Korea: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: South Korea: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Australia: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Australia: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Indonesia: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Indonesia: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Others: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Others: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Europe: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Europe: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Germany: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Germany: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: France: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: France: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: United Kingdom: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: United Kingdom: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Italy: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Italy: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Spain: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Spain: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Russia: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Russia: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Latin America: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Latin America: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Brazil: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Brazil: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Mexico: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Mexico: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Middle East and Africa: Healthcare Asset Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Middle East and Africa: Healthcare Asset Management Market: Breakup by Country (in %), 2021
Figure 74: Middle East and Africa: Healthcare Asset Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Global: Healthcare Asset Management Industry: SWOT Analysis
Figure 76: Global: Healthcare Asset Management Industry: Value Chain Analysis
Figure 77: Global: Healthcare Asset Management Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Healthcare Asset Management Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Healthcare Asset Management Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Healthcare Asset Management Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Healthcare Asset Management Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Healthcare Asset Management Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Healthcare Asset Management Market: Competitive Structure
Table 7: Global: Healthcare Asset Management Market: Key Players


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