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

LONDON, GREATER LONDON, UK, June 27, 2024 /EINPresswire.com/ -- The hospital asset management systems market has witnessed significant growth, expanding from $21.85 billion in 2023 to $27.1 billion in 2024 at a compound annual growth rate (CAGR) of 24.0%. It will grow to $64.56 billion in 2028 at a compound annual growth rate (CAGR) of 24.2%. This growth in the historic period is attributed to factors such as regulatory compliance, cost reduction initiatives, rising healthcare costs, patient safety, and efficient inventory control.

Regulatory Compliance and Rising Healthcare Costs Driving Market Growth
Regulatory compliance requirements and the increasing need for cost reduction initiatives are pivotal factors propelling the hospital asset management systems market. With healthcare costs on the rise globally, hospitals are increasingly adopting asset management solutions to streamline operations and ensure efficient resource allocation.

Explore comprehensive insights into the global hospital asset management systems market with a detailed sample report: https://www.thebusinessresearchcompany.com/sample_request?id=12385&type=smp

Integration with Electronic Health Records and Emerging Technologies Fueling Growth
The market is expected to grow exponentially, reaching $64.56 billion by 2028, driven by integration with electronic health records (EHRs), artificial intelligence (AI), and predictive analytics. These technologies enhance operational efficiency, facilitate global health crisis preparedness, and support telehealth and remote monitoring initiatives.

Segments
• Product Type: Radio-Frequency Identification (RFID), Real-Time Location Systems (RTLS), Ultrasound And Infrared Tags
• Application: Patient Management, Equipment Tracking And Management, Temperature And Humidity Control, Infection Control And Hygiene Compliance, Staff Management, Pharmaceutical Asset Management, Other Applications
• End-Use: Hospitals, Laboratories, Other End Users

North America Leads, Asia-Pacific Shows Fastest Growth
North America dominated the hospital asset management systems market in 2023, driven by early adoption of advanced healthcare technologies. Asia-Pacific is expected to be the fastest-growing region during the forecast period, fueled by increasing healthcare infrastructure development and rising healthcare expenditure.

Make your report purchase here and explore the whole industry's data as well https://www.thebusinessresearchcompany.com/report/hospital-asset-management-systems-global-market-report

Hospital Asset Management Systems Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Hospital Asset Management Systems Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on hospital asset management systems market size, hospital asset management systems market drivers and trends, hospital asset management systems market major players, competitors' revenues, market positioning, and market growth across geographies. The hospital asset management systems market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:

Hospital Asset Tracking And Inventory Management Systems Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/hospital-asset-tracking-and-inventory-management-systems-global-market-report

Hospital Information System Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/hospital-information-system-global-market-report

Hospital EMR Systems Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/hospital-emr-systems-global-market-report

About The Business Research Company
The Business Research Company has published over 27 industries, spanning over 8000+ markets and 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company’s flagship product, 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 that help its users assess supply-demand gaps.

Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
X
LinkedIn