The U.S. healthcare assets management market size is projected to reach USD 50.00 billion by 2027, exhibiting a CAGR of 30.9% during the forecast period. Escalating hospital admissions in the US associated with the coronavirus will spawn lucrative opportunities in this market, states Fortune Business Insights™ in its report, titled “U.S. Healthcare Assets Management Market Size, Share & Covid-19 Impact Analysis, By Product (Radiofrequency Identification (RFID), Real-time Location Systems (RTLS), and Others), By Application (Staff Management, Equipment Tracking, Patient Tracking, and Supply Chain Management), and By End User (Hospitals, Laboratories, and Others), 2020-2027”. The United States has been one of the worst-hit countries by the COVID-19 pandemic, with the country having over 10 million cases and an average 900 deaths daily. Hospital admissions have skyrocketed across the country. According to the Centers for Disease Control and Prevention (CDC), between 8,600 and 21,000 confirmed coronavirus cases will be reported over the next three weeks in the country. California experienced an astronomical surge in COVID cases in December, with the state administration reporting a staggering shortage of ICU beds. Request a Sample Copy of the Research Report: Asset tracking has, therefore, become crucial for healthcare facilities amidst the ever-increasing waves of patients. SwipeSense, for instance, distributed asset-tracking tags to its hospital partners to monitor the movement of ventilators in the premises. As a result of the surging demand for healthcare assets management solutions, this market registered an exceptional CAGR of 44.8% in 2020. Emergence of Healthcare Asset Management Startups to Aid Market Growth The U.S. healthcare asset management market growth is benefiting due to the rapid emergence and expansion of startups specializing in the development of asset management software and solutions for health facilities. Most of these companies are leveraging artificial intelligence (AI) and machine learning (ML) technologies to create innovative products and enhance the efficiency of managing critical assets in hospitals and clinics. For example, San Francisco-based Roam Analytics has built an AI platform that utilizes natural language processing to augment the content and structure of patients’ medical records and also provide solutions for data storage and analysis. Florida-based CarePredict offers its AI Eldercare platform to support treatment of senior persons and has also developed a contact tracing solution to identify people the infected person has been in touch with. Click here to get the short-term and long-term impact of COVID-19 on this market. Please visit: About Us: Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Contact Us: Fortune Business Insights™ Pvt. Ltd U.S.: +1 424 253 0390 U.K.: +44 2071 939123 APAC: +91 744 740 1245Email:[email protected]