The post Hospital Asset Management Demand is Predicted to Reach US$ 69 Billion by 2033 appeared first on Newstrail.com authored by Fact.MR

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.

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

Hospital asset management providers should keep an eye on start-ups that are leveraging technology to optimize asset utilization, reduce costs, and improve operational efficiency in the healthcare industry. One such start-up is Zebra Medical Vision, which is using artificial intelligence (AI) to help radiologists analyze medical images more accurately and efficiently. The company’s technology can identify anomalies and potential health issues in medical images, allowing healthcare providers to make more informed decisions about patient care. As medical imaging is a critical component of many healthcare operations, Zebra Medical Vision’s technology has the potential to significantly improve the quality of care while reducing costs.

Another start-up to watch is Nanit, a company that is using AI and computer vision to monitor infant sleep patterns. Nanit’s technology consists of a camera that can track a baby’s movements and analyze sleep patterns, providing parents and healthcare providers with valuable insights into a baby’s sleep health. With more parents seeking data-driven insights into their child’s health, Nanit’s technology has the potential to become a valuable asset for healthcare providers looking to improve infant care outcomes. Additionally, Nanit’s technology can help hospitals optimize their resources by identifying babies at risk of developing sleep-related health issues, allowing healthcare providers to intervene before issues escalate.

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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.

Key Companies Profiled:

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

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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

Key Questions Covered in the Hospital Asset Management Market Report

• What is the projected value of the Hospital Asset Management factors Industry in 2023?
• At what rate will the global Hospital Asset Management factors market size grow until 2033?
• Which are the factors hampering the growth of Hospital Asset Management factors?
• Which region is expected to lead in the global Hospital Asset Management factors market By 2033?
• Which are the factors driving the Hospital Asset Management factors Industry during the forecast period?
• What is the expected market value of the Hospital Asset Management factors market during the forecast period?

Regional Analysis For Hospital Asset Management Market:

• APAC (Japan, China, South Korea, Australia, India, and the rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (USA, Canada and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, United Arab Emirates, South Africa)

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