Global Healthcare Asset Management Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

By Application;

Staff Management, Equipment Tracking, Patient Tracking and Supply Chain Management.

By End User;

Hospital/Clinic, Laboratory and Pharmaceutical.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2018 - 2028).
Report ID: Rn300013351 Published Date: May, 2022 Updated Date: February, 2025

Introduction

Global Healthcare Asset Management Market (USD Million), 2018 - 2028

In the year 2021, the Global Healthcare Asset Management Market was valued at USD 11,987.80 million. The size of this market is expected to increase to USD 75,831.33 million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of 30.2%.

The global healthcare asset management market has witnessed significant growth in recent years, driven by the increasing need for efficient management of healthcare assets and resources. Asset management solutions play a crucial role in optimizing operational workflows, ensuring regulatory compliance, and enhancing patient care outcomes across healthcare facilities worldwide. With the rising adoption of advanced technologies such as RFID, RTLS, and barcode scanning, healthcare providers are better equipped to track, monitor, and manage medical equipment, devices, and supplies in real-time.

One key driver of market growth is the growing emphasis on cost containment and operational efficiency within healthcare organizations. As healthcare costs continue to escalate, providers are under immense pressure to streamline processes and maximize the utilization of resources. Asset management solutions offer a systematic approach to inventory management, preventive maintenance, and asset tracking, enabling healthcare facilities to minimize waste, reduce downtime, and improve overall productivity.

The increasing focus on patient safety and regulatory compliance is fueling the demand for robust asset management systems in healthcare settings. Healthcare facilities are required to adhere to strict regulations and standards to ensure the safety and quality of patient care. By implementing asset management solutions, providers can maintain accurate records of equipment maintenance, calibration, and usage, thereby mitigating risks and ensuring compliance with regulatory requirements.

The advent of IoT (Internet of Things) and AI (Artificial Intelligence) technologies is reshaping the healthcare asset management landscape, driving innovation and enhancing operational capabilities. These technologies enable real-time monitoring of assets, predictive maintenance, and data-driven insights, empowering healthcare providers to make informed decisions and optimize resource allocation. With the ongoing digital transformation of healthcare, the global healthcare asset management market is poised for continued growth and expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Healthcare Asset Management Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increasing healthcare digitization
        3. Rising demand for efficient operations
        4. Regulatory compliance requirements
      2. Restraints
        1. High implementation costs
        2. Data security concerns
        3. Lack of interoperability standards
        4. Resistance to change in workflows
      3. Opportunities
        1. Growing adoption of IoT devices
        2. Expansion of healthcare infrastructure
        3. Integration of AI and analytics
        4. Emerging markets healthcare modernization
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Healthcare Asset Management Market, By Application, 2020 - 2030 (USD Million)
      1. Staff Management
      2. Equipment Tracking
      3. Patient Tracking
      4. Supply Chain Management
    2. Global Healthcare Asset Management Market, By End User, 2020 - 2030 (USD Million)
      1. Hospital/Clinic
      2. Laboratory
      3. Pharmaceutical
    3. Global Healthcare Asset Management Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. IBM Corporation
      2. Stanley Healthcare
      3. Zebra Technologies Corporation
      4. GE Healthcare
      5. Awarepoint Corporation
      6. AiRISTA Flow
      7. CenTrak
      8. Siemens Healthineers
      9. Motorola Solutions, Inc
      10. ThingMagic
  7. Analyst Views
  8. Future Outlook of the Market