Hospital assets management systems market is expected grow as increasing workforce in the industry has caused a spike in the demand for intelligent solutions to efficiently manage healthcare assets. Key insights into the market have been shared in a report by Fortune Business Insights, titled “Hospital Asset Management Systems Market Size, Share and Global Trend By Technology (Real-time location systems, Radio Frequency Identification, Ultrasound, Infrared), By Application (Staff Management, Patient Management, Inventory Management, Supply Chain Management), and Geography Forecast till 2026”. The information provided is indicative of the growing hospital asset management system market and how it is expected to evolve by 2026. Hospital asset management systems comprise of vigilance tools to continuously monitor and regulate, primarily, the location and status of all assets in a hospital in real-time.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of corona virus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this [Market].
For More Information : https://www.fortunebusinessinsights.com/industry-reports/hospital-asset-management-systems-market-100625
Hindrances in Adoption of New Technology Could Cause Adverse Impact
Despite witnessing a growing demand, the global hospital asset management systems market is facing obstacles in the form of high installation and maintenance costs, unwillingness among healthcare organizations to shift from traditional to modern technology, and lack of specialized technicians. This fact holds water especially when applied to underdeveloped countries where healthcare infrastructure is poor and private investment in this sector low. Adoption of modern technology and managerial practices by newer generations of doctors and pharmacists will be the key to spur the growth of the Global Hospital Asset Management Systems Market.
Market Growth
Greater Competition Leading to Better Innovation
Prominent names in the global hospital asset management systems market such asGeneral Electric Company (GEC), Johnson Controls., Motorola Solutions Inc., Ekahau, AeroScout Industrial, Trimble Inc, Vizbee RFID systems Ltd., Sonitor technologies, Siemens Healthcare Private Limited, STANLEY Healthcare, IBM Corporation, and a few others are adopting diverse growth strategies that are likely to augur well for the market. Rising competition among these giants has provided an impetus to the other players to invest in research and innovation. For example, in August 2018, SwipeSense launched Asset Tracking solution with aim to provide efficiency in instantly locating equipment during day-to-day healthcare processes; in March 2019, ABB launched, Envisage, a software offering asset management and predictive maintenance schedule to achieve cost and time optimization.
