LONDON, Nov. 22, 2022 (GLOBE NEWSWIRE) — Avail a limited period discount of 33% on our uniquely designed Opportunities and Strategies market research reports. Contact us today and make winning strategies!
According to The Business Research Company’s research on the hospital asset tracking and inventory management systems market, growing implementation of real-time location systems (RTLS) is a key trend gaining popularity in the hospital asset tracking and inventory management systems market. Major companies operating in the hospital asset tracking and inventory management systems sector are focused on the implementation of real-time locating systems (RTLS) to strengthen their position in the market. For instance, in January 2021, Midmark RTLS, a US-based RTLS technology solutions company launched a Bluetooth low-energy cloud-based asset tracking solution that modernizes asset tracking capabilities for hospitals. This innovative solution supports hospital staff to find the required equipment quickly and effectively. The development of this innovative technology by Midmark RTLS is another step forward in the hospital asset tracking and inventory management systems market.
The global hospital asset tracking and inventory management systems market size is expected to grow from $23.23 billion in 2021 to $25.12 billion in 2022 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The hospital asset tracking and inventory management systems market growth is expected to reach $31.97 billion in 2026 at a CAGR of 6.2%.
The growing load of patients in hospitals has contributed to the growth of the hospital asset tracking and inventory management systems market going forward. The COVID 19 pandemic and lifestyle diseases, as well as other illnesses including cancer, are brought on by the increasing number of people in hospitals who require hospitalization. An increase in the number of patients has increased the demand for equipment and inventory which in turn is driving the growth of asset tracking and inventory management systems. As per data by the National Institutes of Health (NIH), an agency of the US government, 9,00,000 COVID-19 hospitalizations occurred in November 2020 and were attributed to the conditions of obesity, hypertension, diabetes, and heart failure in the United States. Also, according to data by National Center for Health Statistics, a US-based government agency, in 2022, 1,918,030 new cancer cases are forecasted in the United States. Therefore, the growing load of patients in hospitals is driving the growth of the hospital asset tracking and inventory management systems market.
Major players in the hospital asset tracking and inventory management systems market are ZIH Corp, Ascom, GE Healthcare (General Electric Company), CenTrak (Halma plc), Honeywell International Inc., Alcatel-Lucent Enterprise, Epicor Software Corporation, Stanley, Black and Decker Inc, Sonitor Technologies Inc., Impinj Inc., Ekahau, and Midmark Corporation.
The global hospital asset tracking and inventory management systems market is segmented by product type into mobile, fixed, other inventory; by technology into hardware, software; by application into equipment or device or supplies tracking, equipment maintenance.
North America was the largest region in the hospital asset tracking and inventory market in 2021. The regions covered in the hospital asset tracking and inventory management systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Hospital Asset Tracking And Inventory Management Systems Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provide hospital asset tracking and inventory management systems market forecast size and growth, hospital asset tracking and inventory management systems market segments, hospital asset tracking and inventory management systems market trends, hospital asset tracking and inventory management systems market drivers and restraints, hospital asset tracking and inventory management systems market leading competitors’ revenues, profiles and market shares in its competitive landscape section for over 3,000 industry reports, covering more than 2,500 market segments and 60 geographies.
The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Not the market you are looking for? Check out some similar market intelligence reports:
Real-Time Location Systems (RTLS) Global Market Report 2022 – By Component (Solutions, Services), By Technology (RFID, Wi-Fi, Ultra-Wideband (UWB), Bluetooth Low Energy (BLE), Ultrasound, Infrared (IR), GPS), By Application (Inventory Or Asset Tracking And Management, Personnel Or Staff Locating And Monitoring, Access Control And Security, Environmental Monitoring, Supply Chain Management And Operational Automation Or Visibility), By End Use Industry (Transportation And Logistics, Healthcare, Retail, Manufacturing And Processing) – Market Size, Trends, And Global Forecast 2022-2026
Hospital Outsourcing Global Market Report 2022 – By Hospital Type (Private, Public), By Hospital Size (Small And Medium Hospitals, Large Hospitals), By Services (Healthcare IT, Clinical Services, Business Services, Transportation Services, Other Services), By End-Users (Nursing Homes And Assisted Living, Speciality Hospitals, General Medical And Surgical Hospitals, Emergency And Other Outpatient Care Centers, Other End Users) – Market Size, Trends, And Global Forecast 2022-2026
Hospital Information System Global Market Report 2022 – By Components (Hardware, Software, Services), By Type (Clinical Information Systems, Administrative Information Systems, Electronic Medical Records, Laboratory Information System, Radiology Information System, Pharmacy Information System, Other Types), By Deployment (Web-Based, On-Premises, Cloud Based), By End-User (Hospitals, Insurance Companies, Other End Users) – Market Size, Trends, And Global Forecast 2022-2026
Interested to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
The World’s Most Comprehensive Database
The Business Research Company’s flagship product, Global Market Model, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: email@example.com LinkedIn: https://bit.ly/3b7850r Twitter: https://bit.ly/3b1rmjS Facebook: https://www.facebook.com/TheBusinessResearchCompany YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ Blog: http://blog.tbrc.info/ Healthcare Blog: https://healthcareresearchreports.com/