Hospital Asset Management Market

Hospital Asset Management Market Analysis by Real-time Location Systems (RTLS), Radio-frequency Identification (RFID), Ultrasound Tags, and Infrared Tags from 2023 to 2033

Analysis of Hospital Asset Management Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Hospital Asset Management Market Outlook (2023 to 2033)

Global demand for hospital asset management stands at a market value of US$ 14.5 billion in 2023 and is predicted to reach US$ 69 billion by the end of 2033. The global hospital asset management market is forecasted to exhibit expansion at an astronomical 16.8% CAGR over the next ten years.

The use of asset management solutions has increased rapidly in recent years and this trend is now transforming the healthcare industry as well. Increasing digitization in the healthcare sector is projected to primarily bolster the sales of hospital asset management software and solutions over the next ten years.

Improved efficiency, reduced healthcare costs, and better patient outcomes are some of the key benefits associated with hospital asset management adoption and are expected to influentially promote market development throughout the forecast period and beyond.

  • In March 2023, Midmark RTLS, a prime provider of novel real-time location systems, announced the launch of its Staff Duress solution based on its cloud software platform to enhance the safety culture in healthcare institutions. The system is easy to deploy and use across all health systems to create a safe space for healthcare professionals.

Growing use of technologically advanced medical devices, high spending on healthcare infrastructure development, rising focus on patient safety, surging adoption of automation technologies in hospitals, increasing burden on hospitals, and high prevalence of chronic diseases are other aspects that supplement hospital asset management demand.

The healthcare space is projected to offer highly attractive moneymaking opportunities for incoming hospital asset management providers owing to the limited adoption of hospital asset management solutions around the world. North America and Asia Pacific regions are projected to emerge as hotspots for new hospital asset management software vendors in the future.

  • In April 2023, Define Ventures, a venture capital firm focusing on digital health start-ups, announced that had raised US$ 460 million in two funding rounds to invest in upcoming digital health companies. The company currently backs start-ups such as Tia, Hims & Hers, Folx Health, and Concert Health among others.

On the flip side, dearth of skilled professionals to manage advanced hospital asset management solutions and the high installation costs of certain hospital asset management systems are expected to be major restraints for market growth in the long run. The lack of awareness regarding the benefits of hospital asset management solutions in emerging economies is also a challenge that hospital asset management companies will have to overcome to unlock their full growth potential.

Report Attributes

Details

Market Size in 2023

US$ 14.5 Billion

Projected Market Value (2033F)

US$ 69 Billion

Global Market Growth Rate (2023 to 2033)

16.8% CAGR

Sales Growth of Real-time Location Systems (RTLS) (2023 to 2033)

15% CAGR

Market Share of North America (2023)

>35%

North America Market Growth Rate (2023 to 2033)

13% CAGR

Key Companies Profiled

  • ZIH Corp.
  • STANLEY Healthcare
  • GE Healthcare
  • AWAREPOINT Corporation
  • Ascom
  • Impinj Inc.
  • Sanitag
  • ASAP Systems
  • Real Asset Management Ltd.

Don't Need a Global Report?

save 40%! on Country & Region specific reports

Which Start-ups Should Hospital Asset Management Providers Watch Out For?

“Asimily, SoftComply, Kiwanda – Improving Healthcare with Unique Solutions”

New hospital asset management companies are focusing on the development of novel software and services to improve the overall healthcare experience in hospitals and other medical establishments.

  • Asimily, a United States-based start-up founded in 2017, provides cybersecurity management platforms and medical device asset management platforms for healthcare facilities. Asimily’s device tracking and cybersecurity solutions allow healthcare institutions to ensure optimal maintenance of their medical devices.
  • SoftComply, a German software company is providing a solution to automate the compliance process for medical devices. The company offers MediCompli, which hastens the development and implementation of quality management systems with great customization capabilities to meet different requirements. The company also offers Risk Manager, a tool to link risks, requirements, and other parameters for efficient risk management.
  • Kiwanda, a new company based in Spain and founded in 2019, has developed a radio frequency identification (RFID)-based medication inventory management solution and simplifies hospital asset management by using sensor tags. The solution also helps the hospital to track the inventory of furniture, instrumentation, and equipment.

Start-ups can also get support and financing from venture capital firms and start-up incubators to advance their business potential and have a chance to compete with the big names in the marketplace.

  • Redesign Health, a venture capital fund focused on inspiring innovation and advancing healthcare, announced that it had raised US$ 65 million in a Series C funding round led by General Catalyst in September 2022. The company intended to use this funding to jumpstart more healthcare start-ups in the future.

More new developments by start-ups and how they augment product standards and pricing trends have been explained in this newly revised hospital asset management market research analysis by Fact.MR, a market research and competitive intelligence provider.

Hospital Asset Management Market Size, Trends, Demand & Sales Forecast Analysis by Fact.MR

Country-wise Insights

What Makes a Japan an Investment-worthy Space in This Market?

“Growing Need for Healthcare System Reforms”

The healthcare infrastructure in Japan is facing some major challenges owing to the increasing burden of hospitalization and the shrinking workforce. Automation of different industry verticals is the prime focus of the Japanese government and this trend is projected to bolster the adoption of hospital asset management in the country over the coming years.

Increasing investments in healthcare infrastructure development, growing awareness regarding the benefits of hospital asset management solutions, and expanding senescent population are also estimated to uplift market growth potential in Japan across the forecast period. However, the lack of standard clinical guidelines and differentiation in healthcare providers are expected to hamper growth potential through 2033.

Why are Hospital Asset Management Companies Interested in European Countries?

“High Adoption of Healthcare IT Solutions – Authoring Story of Growth in Europe”

Focus on healthcare has increased exponentially in European countries in recent years owing to the increasing incidence of chronic diseases and growing rate of hospitalization. The aforementioned factor has resulted in rising investments in healthcare infrastructure development from private as well as public sectors, which is anticipated to promote the adoption of novel hospital asset management systems and other healthcare IT solutions in European countries in the future.

  • In August 2022, Cera, a digital-first home healthcare company, announced that it has raised US$ 320 million in a financing round led by Kairos HQ and participation from other investors to fund its expansion plans across Europe.

Germany, France, Italy, and the United Kingdom are estimated to emerge as highly opportune markets in the European region over the next ten years. Rising focus on improving patient outcomes, high medical R&D activity, and rapid digitization are other prospects that could govern sales of hospital asset management software throughout the forecast period.

What Creating a Captivating Backdrop for Hospital Asset Management Providers in the United States?

“Rapid Digitization of Healthcare – Pivotal to Lucrative Market Opportunities”

The developed healthcare infrastructure of the United States has been elemental to the surging adoption of advanced hospital asset management solutions as digitization picks up pace in the country. The presence of key hospital asset management providers and high healthcare expenditure are also projected to favor market potential in the United States over the next ten years.

Favorable government initiatives and increasing investments from the private sector in healthcare are also expected to create moneymaking opportunities for hospital asset management vendors in the country going forward.

  • In November 2022, Carta Healthcare, an innovative healthcare company focusing on improving patient outcomes, announced that it had raised US$ 20 million in a Series B funding round from investors such as Mass General Brigham, Paramark Ventures, and others. The company had plans to use this capital to help improve patient care through its health systems that are installed in more than 20 established healthcare institutions.

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

Category-wise Insights

Which Product Will Witness a Bright Sales Outlook Over the Decade?

“Real-time Location Systems to Account for Notable Market Share”

Based on product, the hospital asset management market is segmented into real-time location systems (RTLS), radio-frequency identification (RFID), ultrasound tags, and infrared tags.

The ability to manage multitasking for visualization, integration, data capturing, and analysis applications is a key prospect that is projected to bolster the popularity and demand for real-time location systems (RTLS) in hospital asset management. Reduction in capital expenditure and rising focus on workflow optimization in health institutions are also projected to promulgate sales of real-time location devices over the next ten years.

Increasing application scope of RTLS devices in inventory tracking and supply chain management is also expected to bolster growth in this segment in the long run.

  • Sales of real-time location systems (RTLS) are forecasted to account for around 70% of the global market share by the end of the forecast period.

Competitive Landscape

Leading hospital asset management service providers are focusing on collaborating and partnering with other companies to expand their business potential and cement their position in the global competitive landscape.

  • In June 2022, GE Healthcare, a leading medical technology firm, announced that it had collaborated with Medtronic to accelerate the delivery of personalized patient monitoring solutions through the CARESCAPE platform.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Key Segments of Hospital Asset Management Industry Research

  • By Product :

    • Real-time Location Systems (RTLS)
    • Radio-frequency Identification (RFID)
    • Ultrasound Tags
    • Infrared Tags
  • By Application :

    • Staff Management
    • Patient Management
    • Supply Chain Management
    • Instrument Management
  • By Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

Table of Content

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Market

4. Market Overview

    4.1. Introduction

        4.1.1. Product Definition

        4.1.2. Industry Evolution / Developments

    4.2. Overview

    4.3. Market Dynamics

        4.3.1. Drivers

            4.3.1.1. Improved and optimized workflows, productivity, and safety

            4.3.1.2. Lowering capital assets as well as operational expenditure

            4.3.1.3. Increasing use in hospitals to enhance patient and resident experience

        4.3.2. Restraints

            4.3.2.1. Privacy concern on patient and equipment database

            4.3.2.2. High initial capital investment and maintenance cost

        4.3.3. Opportunities

            4.3.3.1. Improvement in staff experience and efficacy through intelligent management of connected devices

            4.3.3.2. Virtual centralization of the supply chain to support clinical product selection

    4.4. Global Market Analysis and Forecasts, 2023–2033

        4.4.1. Market Revenue Projections (US$ Mn)

5. Market Outlook

    5.1. Regulatory Scenario Assessment

    5.2. Technological Advancements

    5.3. Impact of Asset Management in Hospitals

    5.4. Healthcare Overview

6. Global Market Analysis and Forecasts, by Product

    6.1. Introduction & Definition

    6.2. Key Findings / Developments

    6.3. Market Forecast, by Product, 2023–2033

        6.3.1. Real-time Location Systems (RTLS)

        6.3.2. Radio-frequency Identification (RFID)

        6.3.3. Ultrasound Tags

        6.3.4. Infrared Tags

    6.4. Market Attractiveness, by Product

7. Global Market Analysis and Forecasts, by Application

    7.1. Introduction & Definition

    7.2. Key Findings / Developments

    7.3. Market Forecast, by Application, 2023–2033

        7.3.1. Staff Management

        7.3.2. Patient Management

        7.3.3. Supply Chain Management

        7.3.4. Instrument Management

    7.4. Market Attractiveness, by Application

8. Global Market Analysis and Forecasts, by Region

    8.1. Key Findings

    8.2. Market Forecast by Region

        8.2.1. North America

        8.2.2. Europe

        8.2.3. Asia Pacific

        8.2.4. Latin America

        8.2.5. Middle East & Africa

    8.3. Market Attractiveness, by Country/Region

9. North America Market Analysis and Forecast

    9.1. Introduction

        9.1.1. Key Findings

    9.2. Market Forecast, by Product, 2023–2033

        9.2.1. Real-time Location Systems (RTLS)

        9.2.2. Radio-frequency Identification (RFID)

        9.2.3. Ultrasound Tags

        9.2.4. Infrared Tags

    9.3. Market Forecast, by Application, 2023–2033

        9.3.1. Staff Management

        9.3.2. Patient Management

        9.3.3. Supply Chain Management

        9.3.4. Instrument Management

    9.4. Market Forecast, by Country, 2023–2033

        9.4.1. U.S.

        9.4.2. Canada

    9.5. Market Attractiveness Analysis

        9.5.1. By Product

        9.5.2. By Application

        9.5.3. By Country

10. Europe Market Analysis and Forecast

    10.1. Introduction

        10.1.1. Key Findings

    10.2. Market Forecast, by Product, 2023–2033

        10.2.1. Real-time Location Systems (RTLS)

        10.2.2. Radio-frequency Identification (RFID)

        10.2.3. Ultrasound Tags

        10.2.4. Infrared Tags

    10.3. Market Forecast, by Application, 2023–2033

        10.3.1. Staff Management

        10.3.2. Patient Management

        10.3.3. Supply Chain Management

        10.3.4. Instrument Management

    10.4. Market Forecast, by Country/Sub-region, 2023–2033

        10.4.1. Germany

        10.4.2. U.K.

        10.4.3. France

        10.4.4. Spain

        10.4.5. Italy

        10.4.6. Rest of Europe

    10.5. Market Attractiveness Analysis

        10.5.1. By Product

        10.5.2. By Application

        10.5.3. By Country/Sub-region

11. Asia Pacific Market Analysis and Forecast

    11.1. Introduction

        11.1.1. Key Findings

    11.2. Market Forecast, by Product, 2023–2033

        11.2.1. Real-time Location Systems (RTLS)

        11.2.2. Radio-frequency Identification (RFID)

        11.2.3. Ultrasound Tags

        11.2.4. Infrared Tags

    11.3. Market Forecast, by Application, 2023–2033

        11.3.1. Staff Management

        11.3.2. Patient Management

        11.3.3. Supply Chain Management

        11.3.4. Instrument Management

    11.4. Market Forecast, by Country/Sub-region, 2023–2033

        11.4.1. China

        11.4.2. India

        11.4.3. Japan

        11.4.4. Australia & New Zealand

        11.4.5. Rest of Asia Pacific

    11.5. Market Attractiveness Analysis

        11.5.1. By Product

        11.5.2. By Application

        11.5.3. By Country/Sub-region

12. Latin America Market Analysis and Forecast

    12.1. Introduction

        12.1.1. Key Findings

    12.2. Market Forecast, by Product, 2023–2033

        12.2.1. Real-time Location Systems (RTLS)

        12.2.2. Radio-frequency Identification (RFID)

        12.2.3. Ultrasound Tags

        12.2.4. Infrared Tags

    12.3. Market Forecast, by Application, 2023–2033

        12.3.1. Staff Management

        12.3.2. Patient Management

        12.3.3. Supply Chain Management

        12.3.4. Instrument Management

    12.4. Market Forecast, by Country/Sub-region, 2023–2033

        12.4.1. Brazil

        12.4.2. Mexico

        12.4.3. Rest of Latin America

    12.5. Market Attractiveness Analysis

        12.5.1. By Product

        12.5.2. By Application

        12.5.3. By Country/Sub-region

13. Middle East & Africa Market Analysis and Forecast

    13.1. Introduction

        13.1.1. Key Findings

    13.2. Market Forecast, by Product, 2023–2033

        13.2.1. Real-time Location Systems (RTLS)

        13.2.2. Radio-frequency Identification (RFID)

        13.2.3. Ultrasound Tags

        13.2.4. Infrared Tags

    13.3. Market Forecast, by Application, 2023–2033

        13.3.1. Staff Management

        13.3.2. Patient Management

        13.3.3. Supply Chain Management

        13.3.4. Instrument Management

    13.4. Market Forecast, by Country/Sub-region, 2023–2033

        13.4.1. GCC Countries

        13.4.2. South Africa

        13.4.3. Israel

        13.4.4. Rest of Middle East & Africa

    13.5. Market Attractiveness Analysis

        13.5.1. By Product

        13.5.2. By Application

        13.5.3. By Country/Sub-region

14. Competition Landscape

    14.1. Market Player - Competition Matrix (by Tier and Size of companies)

    14.2. Market Share Analysis, by Company (2022)

    14.3. Market Footprint Analysis

        14.3.1. By Region

    14.4. Competitive Business Strategies

    14.5. Company Profiles

        14.5.1. Ascom

            14.5.1.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.1.2. Financial Overview

            14.5.1.3. Product Portfolio

            14.5.1.4. SWOT Analysis

            14.5.1.5. Strategic Overview

        14.5.2. Awarepoint Corporation

            14.5.2.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.2.2. Financial Overview

            14.5.2.3. Product Portfolio

            14.5.2.4. SWOT Analysis

            14.5.2.5. Strategic Overview

        14.5.3. CenTrak (Halma plc)

            14.5.3.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.3.2. Financial Overview

            14.5.3.3. Product Portfolio

            14.5.3.4. SWOT Analysis

            14.5.3.5. Strategic Overview

        14.5.4. Ekahau

            14.5.4.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.4.2. Financial Overview

            14.5.4.3. Product Portfolio

            14.5.4.4. SWOT Analysis

            14.5.4.5. Strategic Overview

        14.5.5. GE Healthcare (General Electric Company)

            14.5.5.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.5.2. Financial Overview

            14.5.5.3. Product Portfolio

            14.5.5.4. SWOT Analysis

            14.5.5.5. Strategic Overview

        14.5.6. Honeywell International Inc.

            14.5.6.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.6.2. Financial Overview

            14.5.6.3. Product Portfolio

            14.5.6.4. SWOT Analysis

            14.5.6.5. Strategic Overview

        14.5.7. Impinj, Inc.

            14.5.7.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.7.2. Financial Overview

            14.5.7.3. Product Portfolio

            14.5.7.4. SWOT Analysis

            14.5.7.5. Strategic Overview

        14.5.8. Sonitor Technologies

            14.5.8.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.8.2. Financial Overview

            14.5.8.3. Product Portfolio

            14.5.8.4. SWOT Analysis

            14.5.8.5. Strategic Overview

        14.5.9. STANLEY Healthcare (Stanley Black & Decker, Inc.)

            14.5.9.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.9.2. Financial Overview

            14.5.9.3. Product Portfolio

            14.5.9.4. SWOT Analysis

            14.5.9.5. Strategic Overview

        14.5.10. ZIH Corp

            14.5.10.1. Company Overview (HQ, Business Segments, Employee Strengths)

            14.5.10.2. Financial Overview

            14.5.10.3. Product Portfolio

            14.5.10.4. SWOT Analysis

            14.5.10.5. Strategic Overview

Don't Need a Global Report?

save 40%! on Country & Region specific reports

List Of Table

Table 01: Healthcare Industry Overview, by Major Countries, 2018-2022

Table 02: Global Market Value (US$ Mn) Forecast, by Product, 2023–2033

Table 03: Global Market Value (US$ Mn) Forecast, by Application, 2023–2033

Table 04: Global Market Size (US$ Mn) Forecast, by Region, 2023–2033

Table 05: North America Market Value (US$ Mn) Forecast, by Country, 2023–2033

Table 06: North America Market Value (US$ Mn) Forecast, by Product, 2023–2033

Table 07: North America Market Value (US$ Mn) Forecast, by Application, 2023–2033

Table 08: Europe Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2033

Table 09: Europe Market Value (US$ Mn) Forecast, by Product, 2023–2033

Table 10: Europe Market Value (US$ Mn) Forecast, by Application, 2023–2033

Table 11: Asia Pacific Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2033

Table 12: Asia Pacific Market Value (US$ Mn) Forecast, by Product, 2023–2033

Table 13: Asia Pacific Market Value (US$ Mn) Forecast, by Application, 2023–2033

Table 14: Latin America Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2033

Table 15: Latin America Market Value (US$ Mn) Forecast, by Product, 2023–2033

Table 16: Latin America Market Value (US$ Mn) Forecast, by Application, 2023–2033

Table 17: Middle East & Africa Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2033

Table 18: Middle East & Africa Market Value (US$ Mn) Forecast, by Product, 2023–2033

Table 19: Middle East & Africa Market Value (US$ Mn) Forecast, by Application, 2023–2033

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

List Of Figures

Figure 01: Global Market Value (US$ Mn), by Application, 2023 - 2033

Figure 02: Global Market Value (US$ Mn), by Product, 2023 - 2033

Figure 03: Snapshot of Drivers, Restraints, and Opportunities

Figure 04: Global Market Value (US$ Mn) and Distribution (%), by Region, 2023 and 2033

Figure 05: Market Opportunity Map, by Product

Figure 06: Market Opportunity Map, by Application

Figure 07: Global Market Value (US$ Mn) Forecast, 2023–2033

Figure 08: Global Market Value Share, by Application (2022)

Figure 09: Global Market Value Share, by Product (2022)

Figure 10: Global Market Value Share, by Region (2022)

Figure 11: Regulatory Scenario Assessment, by Major region/countries

Figure 12: Impact of Asset Management in Hospitals

Figure 13: Snapshot of Global Market, by Product

Figure 14: Global Market Value Share (%), by Product, 2023 and 2033

Figure 15: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Real-time Location Systems (RTLS), 2023–2033

Figure 16: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Radio-frequency Identification (RFID), 2023–2033

Figure 17: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, Ultrasound, 2023–2033

Figure 18: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Infrared, 2023–2033

Figure 19: Global Market Attractiveness, by Product, 2023–2033

Figure 20: Snapshot of Global Market, by Application

Figure 21: Global Market Value Share (%), by Application, 2023 and 2033

Figure 22: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, Patient Management, 2023–2033

Figure 23: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Staff Management, 2023–2033

Figure 24: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, Instrument Management, 2023–2033

Figure 25: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Supply Chain Management, 2023–2033

Figure 26: Global Market Attractiveness, by Application, 2023–2033

Figure 27: Snapshot of CAGR Ranking of Global Market, by Major Countries

Figure 28: Global Market Value Share (%), by Region, 2023 and 2033

Figure 29: Global Market Attractiveness, by Region, 2023–2033

Figure 30: North America Market Value Share, by Country, 2023 and 2033

Figure 31: North America Market Attractiveness, by Country, 2023–2033

Figure 32: North America Market Value Share, by Product, 2023 and 2033

Figure 33: North America Market Attractiveness, by Product, 2023–2033

Figure 34: North America Market Value Share, by Application, 2023 and 2033

Figure 35: North America Market Attractiveness, by Application, 2023–2033

Figure 36: North America Market Trends (1/2)

Figure 37: North America Market Trends (2/2)

Figure 38: Europe Market Value Share, by Country/Sub-region, 2023 and 2033

Figure 39: Europe Market Attractiveness, by Country/Sub-region, 2023–2033

Figure 40: Europe Market Value Share, by Product, 2023 and 2033

Figure 41: Europe Market Attractiveness, by Product, 2023–2033

Figure 42: Europe Market Value Share, by Application, 2023 and 2033

Figure 43: Europe Market Attractiveness, by Application, 2023–2033

Figure 44: Europe Market Trends (1/2)

Figure 45: Europe Market Trends (2/2)

Figure 46: Asia Pacific Market Value Share, by Country/Sub-region, 2023 and 2033

Figure 47: Asia Pacific Market Attractiveness, by Country/Sub-region, 2023–2033

Figure 48: Asia Pacific Market Value Share, by Product, 2023 and 2033

Figure 49: Asia Pacific Market Attractiveness, by Product, 2023–2033

Figure 50: Asia Pacific Market Value Share, by Application, 2023 and 2033

Figure 51: Asia Pacific Market Attractiveness, by Application, 2023–2033

Figure 52: Asia Pacific Market Trends

Figure 53: Latin America Market Value Share, by Country/Sub-region, 2023 and 2033

Figure 54: Latin America Market Attractiveness, by Country/Sub-region, 2023–2033

Figure 55: Latin America Market Value Share, by Product, 2023 and 2033

Figure 56: Latin America Market Attractiveness, by Product, 2023–2033

Figure 57: Latin America Market Value Share, by Application, 2023 and 2033

Figure 58: Latin America Market Attractiveness, by Application, 2023–2033

Figure 59: Latin America Market Trends

Figure 60: Middle East & Africa Market Value Share, by Country/Sub-region, 2023 and 2033

Figure 61: Middle East & Africa Market Attractiveness, by Country/Sub-region, 2023–2033

Figure 62: Middle East & Africa Market Value Share, by Product, 2023 and 2033

Figure 63: Middle East & Africa Market Attractiveness, by Product, 2023–2033

Figure 64: Middle East & Africa Market Value Share, by Application, 2023 and 2033

Figure 65: Middle East & Africa Market Attractiveness, by Application, 2023–2033

Figure 66: Middle East & Africa Market Trends

Figure 67: Stanley Black & Decker, Inc. - Security Business Segment Breakdown of Net Sales (%), by Region, 2022

Figure 68: Stanley Black & Decker, Inc. - Security Business Segment Breakdown of Net Sales (%), by Business Sub-Segment, 2022

Figure 69: Stanley Black & Decker, Inc. - Security Business Segment Revenue (US$ Mn) and Y-o-Y Growth (%), 2018–2022

Figure 70: ZIH Corp Breakdown of Net Sales (%), by Region, 2022

Figure 71: ZIH Corp Breakdown of Net Sales (%), by Business Segment, 2022

Figure 72: ZIH Corp Revenue (US$ Mn) and Y-o-Y Growth (%), 2018–2022

Figure 73: Honeywell International Inc. Breakdown of Net Sales (%), by Region, 2022

Figure 74: Honeywell International Inc. Breakdown of Net Sales (%), by Business Segment, 2022

Figure 75: Honeywell International Inc. Revenue (US$ Mn) and Y-o-Y Growth (%), 2018–2022

Figure 76: GE Healthcare Breakdown of Net Sales (%), by Region, 2022

Figure 77: GE Healthcare Breakdown of Net Sales (%), by Business Segment, 2022

Figure 78: GE Healthcare Revenue (US$ Mn) and Y-o-Y Growth (%), 2018–2022

Figure 79: Halma plc Breakdown of Net Sales (%), by Region, 2022

Figure 80: Halma plc Breakdown of Net Sales (%), by Business Segment, 2022

Figure 81: Halma plc Revenue (US$ Mn) and Y-o-Y Growth (%), 2018–2022

Figure 82: Ascom Breakdown of Net Sales (%), by Region, 2022

Figure 83: Ascom Breakdown of Net Sales (%), by Business Segment, 2022

Figure 84: Ascom Revenue (US$ Mn) and Y-o-Y Growth (%), 2018–2022

Figure 85: Impinj, Inc. Breakdown of Net Sales (%), by Region, 2022

Figure 86: Impinj, Inc. Breakdown of Net Sales (%), by Business Segment, 2022

Figure 87: Impinj, Inc. Revenue (US$ Mn) and Y-o-Y Growth (%), 2018–2022

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the hospital asset management market in 2023?

The global hospital asset management market stands at a value of US$ 14.5 billion in 2023.

What is the projected market size of the hospital asset management industry?

Hospital asset management demand is extrapolated to attain a market revenue of US$ 69 billion by 2033-end.

What is the growth rate of the hospital asset management market?

Revenue from hospital asset management solutions is estimated to rise at a stellar 16.8% CAGR from 2023 to 2033.

Which is the leading segment in the hospital asset management market?

Real-time location systems (RTLS) are estimated to account for nearly 70% share in the global market by 2033-end.

Who are the leading players in the hospital asset management market?

STANLEY Healthcare, GE Healthcare, AWAREPOINT Corporation, Ascom, and Impinj Inc. are leading providers of hospital asset management solutions.

Hospital Asset Management Market

Schedule a Call