Healthcare Asset Management Market to reach USD 166.82 billion by 2032 and grow at a CAGR of 23.1%

The healthcare asset management market is growing at a significant growth rate with an increasing need for effective asset-tracking solutions in healthcare facilities. For 2023, the U.S. spent $4.9 trillion in healthcare, which accounted for 17.6% of the Gross Domestic Product of the country, according to the latest government data. Such a huge investment in health care emphasizes the need for optimum asset management to maximize resource utilization and improve operational efficiency.