SAN FRANCISCO, Oct. 13, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Healthcare Asset Management - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 7; Released: May 2021 Executive Pool: 5874 Companies: 20 - Players covered include Airista Flow; CenTrak, Inc.; Elpas Ltd.; GE Healthcare; IBM Corporation; Intelligent InSites; Sonitor Technologies AS; Stanley Black & Decker, Inc.; ThingMagic, Inc.; Zebra Technologies Corporation and Others. Coverage: All major geographies and key segments Segments: Application (Hospital Asset Management, Pharmaceutical Asset Management); Product (RFID, RTLS, Ultrasound & Infrared Tags) Geographies: World; United States; Canada; Japan; China; Europe ( France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Healthcare Asset Management Market to Reach $52.5 Billion by 2026Amid the COVID-19 crisis, the global market for Healthcare Asset Management estimated at US$11.4 Billion in the year 2020, is projected to reach a revised size of US$52.5 Billion by 2026, growing at a CAGR of 28.5% over the analysis period. RFID, one of the segments analyzed in the report, is projected to record a 28.4% CAGR and reach US$28.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the RTLS segment is readjusted to a revised 29.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.6 Billion in 2021, While China is Forecast to Reach $9.1 Billion by 2026The Healthcare Asset Management market in the U.S. is estimated at US$4.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.1 Billion by the year 2026 trailing a CAGR of 27.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.7% and 24.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 20% CAGR.
Ultrasound & Infrared Tags Segment to Reach US$10.2 Billion by the year 2026In the global Ultrasound & Infrared Tags segment, USA, Canada, Japan, China and Europe will drive the 27.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$10.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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About Global Industry Analysts, Inc. & StrategyR™Global Industry Analysts, Inc., ( www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.