Hospital/Pharmaceutical Asset Management Market worth $6.7 Billion By 2017 - PowerPoint PPT Presentation

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Hospital/Pharmaceutical Asset Management Market worth $6.7 Billion By 2017

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[279 Pages Report] Hospital Asset Management Market report categorizes the global market by Applications (Wi-Fi RTLS, RFID), Products (IR, Ultrasound, Equipment & Patient Tracking, Staff Safety, Temperature & Humidity Monitoring, Drug Counterfeit) & by Geography – PowerPoint PPT presentation

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Title: Hospital/Pharmaceutical Asset Management Market worth $6.7 Billion By 2017


1
MarketsandMarkets Presents
Hospital/Pharmaceutical Asset Management Market
worth 6.7 Billion By 2017

http//www.marketsandmarkets.com/Market-Reports/he
althcare-and-pharmaceuticals-asset-management-mark
et-1195.html
2
The "Hospital Asset Management Market -
Pharmaceutical Wi-Fi RTLS, RFID (Tags Active
Passive, Software), IR, Ultrasound, Equipment
Patient Tracking, Staff Safety, Temperature
Humidity Monitoring, Drug Counterfeit - Global
Forecast to 2017 " analyzes and studies the major
market drivers, restraints, and opportunities in
North America, Latin America, Europe, Asia, and
Rest of the World. Browse 133 market data tables
with 13 figures spread through 279 pages and
in-depth TOC on this report http//www.marketsand
markets.com/Market-Reports/healthcare-and-pharmace
uticals-asset-management-market-1195.htmlEarly
buyers will receive 10 customization on this
report.
3
This report studies the global asset management
market in healthcare pharmaceuticals over the
forecast period 2012-2017. The global
hospital/pharmaceutical asset management market
was valued at 2.6 billion in 2012 and is poised
to reach 6.7 billion by 2017 at a CAGR of
20.9. The global asset management market is
categorized into healthcare and pharmaceuticals
products and applications. The healthcare market
consists of products such as RFID, RTLS and
ultrasound infrared tags while, pharmaceuticals
market consists of RFID technology. RFID in
healthcare is the leading segment in global
hospital/pharmaceutical asset management market
in 2012 due to increased applications in
hospitals led by technological advancements. RTLS
is being implemented by most of the hospitals and
healthcare institutions across the world for
enhanced patient safety and cost reduction.

4
Wi-Fi based RTLS will be the fastest growing
segment with close to 36 CAGR from 2012 to 2017.
The declining cost of hardware for RTLS systems,
along with day to day rising applications in
healthcare are encouraging the adoption of this
technology. RTLS has penetrated across various
applications such as patient and staff tracking,
equipment tracking, patient flow management,
temperature and humidity control. The investors
are deployingRTLS in order to reduce capital
expenditures through better utilization of
existing assets and to improve operational
efficiencies throughout hospitals. The various
application areas of healthcare asset management
are equipment management, patient management,
staff management and temperature humidity
control. Equipment management commanded the
largest share in 2012, while staff management is
expected to grow at the highest CAGR of more than
37 from 2012 to 2017 due to focus on enhanced
productivity and quality of care. Asset
management in pharmaceutical vertical offers
application such as drug counterfeiting and
supply chain.
5
RFID tags healthcare pharmaceuticals commanded
the largest share of more than 58 of the global
tags market in 2012, while ultrasound tags market
is expected to grow at a CAGR of more than 17
from 2012 to 2017. It is estimated that passive
UHF tags are expected to increase by more than
40 for RFID healthcare and pharmaceutical
applications in mature markets of North America,
Europe, China, the Republic of Korea, and Japan
between 2012and 2020. Increasing concern for
patient safety, return on investment and cost
savings by hospitals and healthcare institutions,
decreasing cost of hardware and software, and
technological advancements to improve the
accuracy levels are the major drivers of the
asset management market in hospitals. The
technical issues, operational challenges, privacy
data security and integrity issues and
implementation costs budgetary constraints are
the major hurdles hampering the market growth.
Drug counterfeiting application in
pharmaceuticals industry has been gaining its
importance due to the stringent regulations and
rising concern of increasing fake drugs across
the world. Drug counterfeiting and enhanced
supply chain are the major applications of RFID
in the pharmaceutical asset management market.
The asset management market in pharmaceuticals
was less than 320 million in 2012 and poised to
grow at more than 25.0 CAGR in the next 5 years.
6
North America is the dominant market for
hospital/pharmaceutical asset management market
with more than 44 of the global market share.
Asia is expected to grow at the highest CAGR of
23.7 from 2012 to 2017 due to rising awareness
and growing demand for enhanced supply chainand
government efforts to standardize the RFID
technology in countries such as China and
India. Major players in the hospital/pharmaceutic
al asset management market are AeroScout, Inc.
(U.S.), Ekahau, Inc. (U.S.), GE Healthcare
(U.K.), Awarepoint Corporation (U.S.), IBM
Corporation, (U.S.) and Siemens Healthcare
(Germany). AeroScout, Inc. dominated with close
to one-third of the share in 2012.
7
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
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transportation, banking and financial services,
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automation, medical devices, pharmaceuticals,
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telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
http//www.marketsandmarkets.com/Market-Reports/he
althcare-and-pharmaceuticals-asset-management-mark
et-1195.html
8
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