HEALTHCARE ASSET MANAGEMENT MARKET ANALYSIS

Regional Analysis

Global Healthcare Asset Management Market: Regional Insights

Based on geography, the global healthcare asset management market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market during the forecast period due to the increasing incidences of drug counterfeiting, rising privacy concerns, increasing issues in supply chain management, and growing adoption of asset management techniques in the region. For instance, the U.S. Food and Drug Administration took 130 enforcement actions against counterfeit medications from 2016 through 2021. These counterfeiting operations involved tens of millions of pills, more than 1,000 kilograms (2,200 pounds) of active ingredient powder that could be turned into pills in the U.S. and hundreds of millions of dollars in sales.

Europe and Asia Pacific are also expected to witness robust growth in the global healthcare asset management market due to growing adoption of asset management techniques, growing concerns for patient safety, increasing incidences of drug counterfeiting, and need to increase efficiency in healthcare institutions. For instance, the European Union (EU) has a legal framework for licensing, manufacturing, and distribution of medicines, so that only licensed pharmacies are allowed to offer medicines for sale, including legitimate sale via the internet. The European Medicines Agency is working closely with its partners on the implementation of these laws.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Middle East and Africa: GCC Countries, Israel, Rest of Middle East, South Africa, North Africa, and Central Africa