The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.

The Hospital Asset Management Systems Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Hospital Asset Management Systems Global Market Report 2024, The hospital asset management systems market size has grown exponentially in recent years. It will grow from $21.85 billion in 2023 to $27.1 billion in 2024 at a compound annual growth rate (CAGR) of 24.0%. The growth in the historic period can be attributed to regulatory compliance, cost reduction initiatives, rising healthcare costs, patient safety, inventory control.The hospital asset management systems market size is expected to see exponential growth in the next few years. It will grow to $64.56 billion in 2028 at a compound annual growth rate (CAGR) of 24.2%.

The increasing investment in healthcare is expected to drive the growth of the hospital asset management systems market in the future. Healthcare investment involves allocating financial resources to enhance medical services, technologies, and treatments aimed at improving overall health outcomes. Hospital asset management systems play a crucial role in optimizing operational efficiency, streamlining resource allocation, and reducing equipment downtime for effective care delivery. For example, the Australian Government Department of Health and Aged Care announced a substantial investment of $132 billion in 2022–23, increasing to $140 billion by 2025–26, totaling $537 billion over four years, to strengthen the healthcare system. Consequently, the rising healthcare investment is fueling the expansion of the hospital asset management systems market.

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The hospital asset management systems market covered in this report is segmented –
1) By Product Type: Radio-Frequency Identification (RFID), Real-Time Location Systems (RTLS), Ultrasound And Infrared Tags
2) By Application: Patient Management, Equipment Tracking And Management, Temperature And Humidity Control, Infection Control And Hygiene Compliance, Staff Management, Pharmaceutical Asset Management, Other Applications
3) By End-Use: Hospitals, Laboratories, Other End Users

Top Major Players
McKesson Corporation,
International Business Machines Corporation,
Honeywell International Inc.,
Siemens Healthineers,
GE Healthcare Technologies Inc.

The hospital asset management systems market report table of contents includes:
1. Executive Summary
2. Hospital Asset Management Systems Market Characteristics
3. Hospital Asset Management Systems Market Trends And Strategies
4. Hospital Asset Management Systems Market - Macro Economic Scenario
5. Global Hospital Asset Management Systems Market Size and Growth
6. Hospital Asset Management Systems Market Segmentation
7. Hospital Asset Management Systems Market Regional And Country Analysis
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34. Key Mergers And Acquisitions In The Hospital Asset Management Systems Market
35. Hospital Asset Management Systems Market Future Outlook and Potential Analysis
36. Appendix

List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Hospital Asset Management Systems Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Hospital Asset Management Systems Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Hospital Asset Management Systems Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: McKesson Corporation Financial Performance
Table 75: International Business Machines Corporation Financial Performance
Table 76: Honeywell International Inc. Financial Performance
Table 77: Siemens Healthineers Financial Performance
Table 78: GE Healthcare Technologies Inc. Financial Performance

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