Wireless Healthcare Asset Management Market Share

Market Share of Wireless Healthcare Asset Management Industry

The wireless healthcare asset management market is highly fragmented, with the presence of major players like Cisco Systems Inc., General Electric Company, Stanley Healthcare, CenTrak, Inc., and Verizon. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• July 2023 - Amazon Web Services, Inc. (AWS), announced AWS HealthScribe. This HIPAA-eligible service empowers healthcare software providers to raise clinical applications that use speech recognition and generative AI to store clinicians' time by generating clinical documentation. With the AWS HealthScribe, healthcare software providers can use a single API to automatically create robust transcripts, extract key details (e.g., medications and medical terms), and create summaries from doctor-patient discussions that can then be entered into an electronic health record (EHR) system. 
• April 2023 - Siemens Digital Industries Software and IBM announced they are expanding their partnership to develop a combined software solution integrating their respective providing for systems engineering, service lifecycle management, and asset management.

Wireless Healthcare Asset Management Market Leaders

1. Cisco Systems Inc.

2. General Electric Company

3. Stanley Healthcare

4. CenTrak, Inc

5. Verizon

*Disclaimer: Major Players sorted in no particular order