DUBLIN--(BUSINESS WIRE)--Aug 9, 2018--The "Healthcare Asset Management Market by Product (RFID, RTLS, Ultrasound, Infrared), Application (Hospital (Equipment, Patient Monitoring, Staff Management, Hand Hygiene), Pharma (Drug Counterfeiting, Supply Chain)) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The healthcare asset management market is expected to reach USD 29,602 million by 2020 from USD 6,700 million in 2015, growing at a CAGR of 34.6% during the forecast period.

The primary factors contributing to the growth of the global healthcare asset management market are high concerns for patient safety, decreasing cost of hardware, technological advancements, increasing use in the pharmaceutical industry, and increasing use in hospitals to enhance staff productivity. On the other hand, technical and operational challenges coupled with privacy and ethical issues, initial investment requirements, and RFID tag accuracy concerns are the factors restraining the growth of the market.

Market Dynamics

Market Drivers

Need for Better Asset Management in Hospitals Acceptance of Asset Management Solutions in the Pharmaceutical Industry Decline in Prices of RFID Tags

Market Restraints

High Cost of RFID Readers

Market Opportunities

IOT-Based Healthcare Asset Management (IOT-HAM) Expanding Application Areas of Healthcare Asset Management Solutions Technological Advancements Emerging Economies

Market Challenges

Issues Related to Data Security and Privacy

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Healthcare Asset Management Market, By Product

7 Healthcare Asset Management Market, By Application

8 Healthcare Asset Management Market, By Region

9 Competitive Landscape

10 Company Profiles

Airista Flow (An Airista Affiliate) Centrak Elpas GE Healthcare (A General Electric Company) IBM Intelligent Insites Sonitor Stanley Black & Decker, Inc. Thingmagic (A Novanta Company) Versus Technology (A Midmark Company) Zebra Technologies

For more information about this report visit https://www.researchandmarkets.com/research/95nmk8/healthcare_asset?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005431/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Healthcare Services,Medical Devices

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES GENERAL HEALTH

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/09/2018 09:07 AM/DISC: 08/09/2018 09:07 AM

http://www.businesswire.com/news/home/20180809005431/en