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Hospital Asset Tracking and Inventory Management Systems Market Size, Trends, Analysis, and Outlook By Product (Mobile, Fixed, Others), By Technology (Hardware, Software), By Application (Equipment/Device/Supplies tracking, Equipment Maintenance), by Region, Country, Segment, and Companies, 2024-2030

March 2024 | 190 pages | ID: H4D030FA2463EN
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The global Hospital Asset Tracking and Inventory Management Systems market size is poised to register 6.63% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Hospital Asset Tracking and Inventory Management Systems market across By Product (Mobile, Fixed, Others), By Technology (Hardware, Software), By Application (Equipment/Device/Supplies tracking, Equipment Maintenance).

The hospital asset tracking and inventory management systems market is experiencing significant growth driven by the increasing focus on operational efficiency and cost containment in healthcare facilities, rising demand for real-time asset visibility, and advancements in RFID and RTLS technology. In 2024 and beyond, factors such as the growing adoption of cloud-based inventory management solutions, expansion of smart hospital initiatives, and rising investments in healthcare infrastructure digitization are driving market expansion. Additionally, the development of integrated asset tracking platforms, adoption of AI and machine learning for predictive maintenance, and collaborations between software vendors and hospital networks contribute to market growth.

Hospital Asset Tracking and Inventory Management Systems Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Hospital Asset Tracking and Inventory Management Systems market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Hospital Asset Tracking and Inventory Management Systems survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Hospital Asset Tracking and Inventory Management Systems industry.

Key market trends defining the global Hospital Asset Tracking and Inventory Management Systems demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Hospital Asset Tracking and Inventory Management Systems Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Hospital Asset Tracking and Inventory Management Systems industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Hospital Asset Tracking and Inventory Management Systems companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Hospital Asset Tracking and Inventory Management Systems industry

Leading Hospital Asset Tracking and Inventory Management Systems companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Hospital Asset Tracking and Inventory Management Systems companies.

Hospital Asset Tracking and Inventory Management Systems Market Study- Strategic Analysis Review

The Hospital Asset Tracking and Inventory Management Systems market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Hospital Asset Tracking and Inventory Management Systems Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Hospital Asset Tracking and Inventory Management Systems industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Hospital Asset Tracking and Inventory Management Systems Country Analysis and Revenue Outlook to 2030

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Hospital Asset Tracking and Inventory Management Systems Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Hospital Asset Tracking and Inventory Management Systems market segments. Similarly, Strong end-user demand is encouraging Canadian Hospital Asset Tracking and Inventory Management Systems companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Hospital Asset Tracking and Inventory Management Systems market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Hospital Asset Tracking and Inventory Management Systems Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Hospital Asset Tracking and Inventory Management Systems industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Hospital Asset Tracking and Inventory Management Systems market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Hospital Asset Tracking and Inventory Management Systems Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Hospital Asset Tracking and Inventory Management Systems in Asia Pacific. In particular, China, India, and South East Asian Hospital Asset Tracking and Inventory Management Systems markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Hospital Asset Tracking and Inventory Management Systems Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Hospital Asset Tracking and Inventory Management Systems Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Hospital Asset Tracking and Inventory Management Systems market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Hospital Asset Tracking and Inventory Management Systems.

Hospital Asset Tracking and Inventory Management Systems Market Company Profiles

The global Hospital Asset Tracking and Inventory Management Systems market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are AiRISTA Flow Inc, CenTrak Inc, Cybra Corp, Elpas Solutions, GE Healthcare, Honeywell International Inc, Jadak- A Novanta Company, Midmark Corp, Qorvo Inc, Sonitor Technologies, Stanley Healthcare, Zebra Technologies Corp

Recent Hospital Asset Tracking and Inventory Management Systems Market Developments

The global Hospital Asset Tracking and Inventory Management Systems market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Hospital Asset Tracking and Inventory Management Systems Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Product

Mobile

-Wheelchairs

-Mobile beds

-Stretchers

-Microscopes

-Patient monitoring devices

-IV pumps

-Medical pendant

-Others

Fixed

-Imaging

-Surveillance Camera

-Surgical Navigation Systems

-Others

Others

-Clinical Supplies

-Medical Devices

-Medical supplies

-Others

By Technology

Hardware

-RFID

-Barcode Scanners

-Computers

-Others

Software

-IoT

-Analytics

-Others

By Application

Equipment/Device/Supplies tracking

Equipment Maintenance

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

AiRISTA Flow Inc

CenTrak Inc

Cybra Corp

Elpas Solutions

GE Healthcare

Honeywell International Inc

Jadak- A Novanta Company

Midmark Corp

Qorvo Inc

Sonitor Technologies

Stanley Healthcare

Zebra Technologies Corp

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Hospital Asset Tracking and Inventory Management Systems Market Overview and Key Findings, 2024
1.2 Hospital Asset Tracking and Inventory Management Systems Market Size and Growth Outlook, 2021- 2030
1.3 Hospital Asset Tracking and Inventory Management Systems Market Growth Opportunities to 2030
1.4 Key Hospital Asset Tracking and Inventory Management Systems Market Trends and Challenges
  1.4.1 Hospital Asset Tracking and Inventory Management Systems Market Drivers and Trends
  1.4.2 Hospital Asset Tracking and Inventory Management Systems Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Hospital Asset Tracking and Inventory Management Systems Companies

2. HOSPITAL ASSET TRACKING AND INVENTORY MANAGEMENT SYSTEMS MARKET SIZE OUTLOOK TO 2030

2.1 Hospital Asset Tracking and Inventory Management Systems Market Size Outlook, USD Million, 2021- 2030
2.2 Hospital Asset Tracking and Inventory Management Systems Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. HOSPITAL ASSET TRACKING AND INVENTORY MANAGEMENT SYSTEMS MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. HOSPITAL ASSET TRACKING AND INVENTORY MANAGEMENT SYSTEMS MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Product
Mobile
-Wheelchairs
-Mobile beds
-Stretchers
-Microscopes
-Patient monitoring devices
-IV pumps
-Medical pendant
-Others
Fixed
-Imaging
-Surveillance Camera
-Surgical Navigation Systems
-Others
Others
-Clinical Supplies
-Medical Devices
-Medical supplies
-Others
By Technology
Hardware
-RFID
-Barcode Scanners
-Computers
-Others
Software
-IoT
-Analytics
-Others
By Application
Equipment/Device/Supplies tracking
Equipment Maintenance
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Hospital Asset Tracking and Inventory Management Systems Market, 2025
5.2 Asia Pacific Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Hospital Asset Tracking and Inventory Management Systems Market, 2025
5.5 Europe Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Type, 2021- 2030
5.6 Europe Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Hospital Asset Tracking and Inventory Management Systems Market, 2025
5.8 North America Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Type, 2021- 2030
5.9 North America Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Hospital Asset Tracking and Inventory Management Systems Market, 2025
5.11 South America Pacific Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Type, 2021- 2030
5.12 South America Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Hospital Asset Tracking and Inventory Management Systems Market, 2025
5.14 Middle East Africa Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Hospital Asset Tracking and Inventory Management Systems Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Hospital Asset Tracking and Inventory Management Systems Market Size Outlook and Revenue Growth Forecasts
6.2 US Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Hospital Asset Tracking and Inventory Management Systems Industry Drivers and Opportunities

7. HOSPITAL ASSET TRACKING AND INVENTORY MANAGEMENT SYSTEMS MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. HOSPITAL ASSET TRACKING AND INVENTORY MANAGEMENT SYSTEMS COMPANY PROFILES

8.1 Profiles of Leading Hospital Asset Tracking and Inventory Management Systems Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
AiRISTA Flow Inc
CenTrak Inc
Cybra Corp
Elpas Solutions
GE Healthcare
Honeywell International Inc
Jadak- A Novanta Company
Midmark Corp
Qorvo Inc
Sonitor Technologies
Stanley Healthcare
Zebra Technologies Corp

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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