Summary
The global Wireless Healthcare Asset Management Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Wireless healthcare asset management systems offer an effective real-time application to manage not just physical assets but coordinates the physicians and other healthcare workers within the hospital. Being wireless, flexible, and scalable it offers scalability, portability, and flexibility to the whole system. It does not require any installation and is easy to deploy and use at various locations, hospitals, nursing homes, and physicians' offices. It allows for flexible access to health information and can manage patient information. It also helps in providing a fast, reliable, and secure data network for your organization. This enables employees to access health information from anywhere and gives them the comfort to access patient records online or print them from their computer. Wireless asset management systems allow the physician to make updates without interrupting patient care.
Increasing adoption of wireless technologies for improving asset management in order to enhance operational efficiency is driving the market growth. The growing need for a constant monitoring solution for tools, equipment, patients, or even the professionals working across the healthcare industry is further propelling market growth. The rapid growth of IoT around the globe due to increasing spending is another major factor propelling the market growth of wireless healthcare asset management. According to the Federation of Indian Chambers of Commerce & Industry, IoT spending is expected to register 15.4% y-o-y growth to reach US$1.1t by 2025. The IoT global market revenue to reach approximately US$1.1 trillion by 2025.
On the other hand, the high cost involved in installing wireless management systems is projected to restrict the market growth over the forecast period.
The Asia Pacific is expected to gain significant growth over the forecast period and this is attributed to increasing expenditure in the healthcare sector coupled with growing awareness regarding the IoT in the healthcare sector. According to the McKinsey & Company, by 2020, Asia–Pacific is expected to surpass the European Union as the world’s second-largest med-tech market. Demand for better healthcare in Asia–Pacific is high and growing.
Key Developments:
- In October 2019, HFCL has launched next-generation WiFi products and solutions under its brand ''IO''. The products have been designed and manufactured in India
- In October 2017, Olympus, a global technology provider of designing and delivering innovative solutions for medical and surgical procedures, among other core businesses, announced the launch of its Unifia system an endoscope documentation, workflow, and asset management software platform.
The Wireless Healthcare Asset Management Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Wireless Healthcare Asset Management Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Ekahau
- ASAP Systems
- IBM
- Camcode
- CenTrak
- GE Healthcare
- Motorola Solutions
- Stanley Healthcare
- Verizon Communications
- AiRISTA Flow
- Cisco Systems
- Awarepoint Corporation
- Siemens Healthcare
- AeroScout
By the Product Type, the market is primarily segmented into:
- Asset Tags
- Sensors
- Software
- Others
By Applications, the market is segmented into:
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Wireless Healthcare Asset Management Market Report:
- To assess the size of the market by value and volume
- Analyze the Wireless Healthcare Asset Management Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Wireless Healthcare Asset Management Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Wireless Healthcare Asset Management Market
The Wireless Healthcare Asset Management Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Wireless Healthcare Asset Management Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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