Healthcare Asset Management Market: Drivers, Restraints, Opportunities, and Challenges

The growth of the healthcare asset management market is driven by the need for better asset management in hospitals, acceptance of asset management solutions in the pharmaceutical industry, and a decline in prices of RFID Tags.


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*** Market Drivers ***
1 Need for Better Asset Management in Hospitals
2 Acceptance of Asset Management Solutions in the Pharmaceutical Industry
3 Decline in Prices of RFID Tags


*** Market Restraints ***
1 High Cost of RFID Readers


*** Market Opportunities ***
1 IOT-Based Healthcare Asset Management (IOT-HAM)
2 Expanding Application Areas of Healthcare Asset Management Solutions
3 Technological Advancements
4 Emerging Economies


*** Market Challenges ***
1 Issue Related to Data Security and Privacy 




The healthcare asset management market is marked by the presence of several big and small players. AiRISTA Flow (US), Elpas (US), CenTrak, Inc. (US), ThingMagic [A Novanta Company (US], Sonitor (Norway), Stanley Healthcare (US), Versus Technology, Inc. (US). 

The Growing preference for #cell-Based #assays in #drug #discovery

The players operating in the market are altering their long-term and short-term growth strategies by tapping into opportunities prevalent in the research market by developing innovative products to combat the pandemic. The increased demand for research on COVID-19 has created a large scope for cell-based 45 assays in viral infection research, vaccine development, and overall drug discovery for both researchers and laboratories.

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Cell-based assays are employed to shorten the time and increase the throughput needed for these assays. This has significantly increased the demand for cell-based assays to provide an early indication of the toxicity characteristics of the drug candidates.