The article cited AMA's Global Hospital Asset Management Market Study explored substantial growth with CAGR of 10.68%. According the report, Growing Concerns about Drug Counterfeiting is one of the primary growth factors for the market. The Increasing Requirement for Enhanced Asset Management in Hospitals is also expected to contribute significantly to the Hospital Asset Management market. Overall, Hospital [Equipment, Patient Monitoring, Staff Management, Hand Hygiene] applications of Hospital Asset Management, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as GE Healthcare (United States), IBM Corporation (United States), AiRISTA Flow (United States), Elpas (United States), CenTrak, Inc. (United States), Honeywell International Inc. (United States), ThingMagic [A Novanta Company (United States)], Sonitor (Norway), Stanley Healthcare (United States) and Versus Technology, Inc. (United States) may see astonishing sales in this Market and certainly improve revenue growth.

The End User, such as Hospitals and Clinics, is boosting the Hospital Asset Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Hospital Asset Management market identified that the demand is rising in many different parts of the world as "Huge Demand for IoT-Based Healthcare Asset Management (IOT-HAM)Growing Application Areas of Healthcare Asset Management Solutions ". Furthermore, some recent industry insights like "In March 2023, GE HealthCare announced the launch of a new asset management & network supervision solution, ReadySee, and the Portrait Mobile monitoring solution. We are transforming healthcare by delivering advanced technology to improve patients care options, experience, and outcomes" is constantly making the industry dynamic. One of the challenges that industry facing is "Rising Concerns Related to Data Security as well as Privacy"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Hospital Asset Management market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Hospital Asset Management market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Hospital Asset Management market tight?
• Which application/end-user category or Product Type [Real-time Location Systems (RTLS), Radio-frequency Identification (RFID), Ultrasound and Infrared] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Hospital Asset Management market and other related sub-markets covered in the study.

o Key & emerging players in the Hospital Asset Management market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Hospital Asset Management market size is calculated using market estimation process, the Hospital Asset Management market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Hospital Asset Management market size has been validated using both top-down and bottom-up approaches.