HostBooks unveils advanced inventory management software for healthcare businesses

HostBooks highlights its new software aimed at enhancing inventory control and operational efficiency in healthcare facilities

HostBooks, a provider of automated business solutions, has developed inventory management software designed specifically for healthcare businesses. The new product aims to address key issues related to inventory management in hospitals and other medical institutions by accurately and quickly tracking supplies and equipment.

According to Market Research Future (MRFR), the global Hospital Asset Tracking & Inventory Management System Market is expected to grow significantly. The market size is projected to reach USD 2.69 billion in 2024 and rise from USD 3.00 billion in 2025 to USD 8.04 billion by 2034, growing at a CAGR of 11.55 per cent between 2025 and 2034. This growth highlights the increasing demand for effective solutions, especially within the healthcare sector, for inventory control.

The healthcare sector is evolving rapidly, making integrated inventory management solutions more important than ever. With HostBooks’ new software, medical staff can monitor medical equipment, medicines, surgical supplies, and prescriptions in real-time, reducing the risk of stockouts or overstocking. The software streamlines business operations by eliminating manual inventory tracking, generating accurate and timely reports to prevent discrepancies, ensuring compliance, and optimising resources to reduce costs.

The software is designed for both consumable spare parts and high-value medical units. It offers advanced features that support better functionality and financial performance for healthcare facilities. Healthcare facility managers often face challenges such as tracking inventory status, time management, and missing supplies. HostBooks’ software addresses these issues by reducing the reliance on manual processes, saving time, and ensuring essential supplies, including emergency items, are available for medical staff when needed.

Commenting on the launch, Biswajit Mishra, Co-Founder of HostBooks, said, “Precision, speed, and reliability are essential in the healthcare sector, particularly when it comes to inventory management that directly affects patient care. By providing a solution that is effective, easy to use, and customised to meet the particular requirements of hospitals, our new software seeks to establish a standard in healthcare inventory management.”

Kapil Rana, Founder and Chairman of HostBooks, added, “Our goal is to make resource management easier for healthcare businesses. This software is a positive step in helping healthcare facilities improve operational effectiveness, cut expenses, and guarantee the best possible patient care. We are thrilled to contribute to the transformation of healthcare systems nationwide.”

 

Hospital Asset Tracking & Inventory Management SystemHostBooksinventory management softwareMarket Research Future (MRFR)
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