Asia Hospital Asset/Patient/Staff Tracking Systems Market
A hospital asset/patient/staff tracking system allows hospitals to track or locate its resources. With the help of tracking systems, hospitals can track the real-time position of their assets and properly manage them.
The Asian hospital asset/patient/staff tracking system market, mainly driven by the desire for convenience and time-effectiveness, was valued at $499.8 million in 2013 and is expected to reach $1,489.4 million by 2018, growing at a CAGR of 24.4% during the forecast period. The Asian market is poised to grow at the highest CAGR. This growth is likely to be driven by technological advancements in this region.
The report, ‘Asia-Pacific Hospital Asset/Patient/Staff tracking System Market Forecast, 2008-2018’, analyzes the market under two types of devices: radio frequency identification (RFID) and real-time location system (RTLS).
The radio frequency identification market constituted the largest share (23.2%) of the total market in 2013. This market was valued at $452.8 million in 2013 and is expected to reach $1,187.2 million by 2018, growing at a CAGR of 21.3%. This high share can be attributed to the wide usage of RFID tags in hospitals to preventing theft. Moreover, the use of these tags increases the operational efficiency, which is another factor driving the growth of this market.
The real time-location system market is expected to grow at the highest CAGR of 45.1% and reach $302.3 million by 2018. This growth is likely to be driven by various collaborations between prominent players in the market, as these collaborations are resulting in the development of new and advanced RTLS systems.
This report also provides an extensive competitive landscape of companies operating in this market. The main companies operating extensively covered in this report are Stanley Black & Decker, Inc. (U.S.), Ekahau Inc. (U.S.), GE Healthcare (U.K.), Siemens AG (Germany), Versus Technology, Inc. (U.S.).
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Product Analysis
- Usage pattern (in-depth trend analysis) of products in the market (segment wise)
- Product matrix which gives a detailed comparison of the product portfolio of each company mapped at country and sub-segment level
- End-user adoption rate analysis of the products (segment wise and country wise)
- Comprehensive coverage of product approvals, pipeline products and product recalls
- Macroeconomic indicators (number of hospitals, clinics, homes, and others, and healthcare expenditure)
Brand/Product Perception Matrix
- Comprehensive study of customers perception and behavior through our inbuilt social connection tool checking the virality and tonality of blogs
- Analysis of overall brand usage and familiarity and brand advocacy distribution (detractor/neutral/familiar)
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PRODUCT TITLE | PUBLISHED | |
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Asia Medical Logistics Automation The Asian medical logistics automation market, mainly driven by the need to reduce the incidences of theft in hospitals, save time, and attain cost efficiency, was valued at $529.1 million in 2013 and is expected to reach $1.558.9 million by 2018, growing at a CAGR of 24.1% during the forecast period. |
Upcoming | |
Europe Medical Logistics Automation The European medical logistics automation market, mainly driven by the need to reduce the incidences of theft in hospitals, save time, and attain cost efficiency, was valued at $664.2 million in 2013 and is expected to reach $1,605.4 million by 2018, growing at a CAGR of 19.3% during the forecast period. |
Upcoming | |
North America Medical Logistics Automation The North American medical logistics automation market, mainly driven by the need to reduce the incidences of theft in hospitals, save time, and attain cost efficiency, was valued at $1,550.4 million in 2013 and is expected to reach $3,553.1 million by 2018, growing at a CAGR of 18.0% during the forecast period. |
Upcoming |