Hospital Asset Tracking and Inventory Management Systems Market Is Expected To Reach USD 31.06 Billion By 2025 : Grand View Research Inc.
San Francisco, 17 September 2019: The Report Hospital Asset Tracking and Inventory Management Systems Market Size, Share & Trends Analysis Report By Product (Mobile, Fixed), By Technology, By Application, By Region, And Segment Forecasts, 2019 – 2025 The global hospital asset tracking and inventory management systems market is expected to reach USD 31.06 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 5.0% during the forecast period. Rising need to reduce healthcare costs coupled with high prevalence of Hospital-acquired Infections (HAIs) is anticipated to boost the growth. Manual handling of the numerous equipment and assets used in a hospital is a difficult task. A lot of time and manpower is utilized in searching and maintaining these assets. Hospital asset management allows smooth and continuous hospital operations by decreasing the time in searching these equipment. This factor is anticipated to bode w