Written by Richard Sutherland Reviewed by Matt Reed Updated on January 27, 2025 On this page 5 Best Healthcare Asset Tracking Software Compared 1. Asset Panda 2. Zebra 3. ASAP Systems 4. CenTrak 5. GuardRFID How To Choose a Healthcare Asset Tracking System Research Methodology Verdict Best Hospital Asset Tracking Software FAQs Expand The best healthcare asset tracking software streamlines equipment management in hospitals and clinics to ensure optimal availability and improve patient care outcomes.That’s because healthcare organizations often struggle to manage vast inventories of vital medical equipment, essential to patient care. Misplaced or unavailable devices can lead to delayed treatments, compromises in patient safety, and even financial losses.However, choosing the right healthcare asset tracking software can be time-consuming. To help, we’ve shortlisted the top five options and provided an in-depth analysis to guide your decision-making. If you’re after immediate answers, consider using our healthcare asset tracking software comparison tool. Here Are the 5 Best Healthcare Asset Tracking Software Tools Asset Panda – Best overall healthcare asset managementZebra – Best for large-scale healthcare enterprise asset trackingASAP Systems – Best for streamlined inventory and healthcare asset managementCenTrak – Best for real-time location tracking of medical devicesGuardRFID – Best for security-focused and all-in-one healthcare asset tracking solutionsThese are the providers we recommend based on our research. Clicking on any of them will take you to our cost comparison tool to find the best value service for your business. If you want to find out how we ranked these providers, read our research criteria. The 5 Best Healthcare Asset Tracking Software Options: SummaryChoosing the right healthcare asset tracking software depends on your organization’s specific needs. To make the comparison easier, here are the key features of the top five options: Swipe right to see more 0 out of 0 backward forward Asset Panda Zebra ASAP Systems CenTrak Guard RFID Best For Facilities of all sizes seeking flexibility Best For Large hospitals and healthcare networks Best For Hospitals and clinics in need of inventory control Best For Hospitals focused on patient safety and device accuracy Best For Healthcare facilities prioritizing asset protection Price Price on request Price Price on request Price Price on request Price Price on request Price Price on request Key Features Mobile appBarcode/RFID trackingMaintenance scheduling Key Features Real-time location trackingIntegration with healthcare systems Key Features Inventory managementCustomizable workflowsReporting Key Features Real-time location systems (RTLS)Environmental monitoring Key Features RFID solutions, security featuresAnti-theft measures General Asset Tracking Software For broader asset-tracking concerns, read through our comprehensive asset tracking software guide. 1. Asset Panda – Best Overall Healthcare Asset ManagementAsset Panda is a robust and cloud-based healthcare asset tracking solution with a strong reputation for its flexibility and ease of use, including custom workflows. As a result, we believe it is suitable for healthcare institutions of all sizes. Below are the key things you need to know before we discuss Asset Panda in greater detail after that. Asset Panda Pricing Contact for pricing Get free quotes Strengths Highly customizable for specific needs User-friendly interface Excellent customer support Weaknesses Some advanced features require additional setup Reporting could be more extensive Gallery See more See less Click to expand Photo: Source: Asset Panda Photo: Source: Asset Panda Photo: Source: Asset Panda One of the key areas we found Asset Panda to shine was the platform’s mobile app. It is a significant advantage, allowing staff to scan barcodes or RFID tags to locate equipment quickly, update statuses, and schedule maintenance where on the move, even without specialised equipment.For instance, a hospital can use Asset Panda to monitor the usage history of infusion pumps, ensuring timely maintenance and reducing equipment downtime. This streamlines workflows, improves equipment availability, and ultimately enhances patient care.Within Asset Panda's software, you can sign off on tracked items being moved location - Source: Asset Panda / YouTubeAccuFix Surgical, a medical device company, implemented Asset Panda to track and manage hospital surgical trays. By using Asset Panda’s barcode scanning and customizable workflows, AccuFix reduced manual tracking errors by 90% and improved the efficiency of tray preparation and delivery. The system also provided real-time visibility into tray locations so that there was timely availability for surgeries.Besides tracking, Asset Panda also allows for preventive maintenance management by tracking medical assets’ full lifecycle. That includes detailing warranty information, repair history, and routine maintenance dates, with custom notifications for upcoming maintenance to reduce downtime. Zebra, ASAP Systems, and CenTrak also offer this as a possible feature, but Asset Panda’s record-keeping allows for more detail to be recorded according to our research.Data security is another important facet of asset tracking for hospitals, given the sensitive data involved. Asset Panda achieved SOC 2 Type II compliance in 2023, demonstrating its commitment to data security. According to our research, this sets it apart within the healthcare tracking space from solutions like GuardRFID that don’t offer this level of compliance. Latest Asset Panda Updates in 2025 Asset Panda hasn’t had a software update in 2025, with the latest version of Asset Panda, 6.7.2, being released in August 2024. This version introduced improved mobile app functionality, such as offline mode support and RFID scanning accuracy for low-signal environments.Asset Panda also rolled out a new Dashboards feature a little earlier in 2024, which provides customizable and interactive charts for asset analytics. Users can create up to 100 dashboards, share them with stakeholders, and export reports as PDFs. 2. Zebra – Best for Large-Scale Healthcare Enterprise Asset TrackingZebra is a well-established name in the healthcare asset tracking industry, known for its robust hardware solutions and software capabilities. Its healthcare offerings are particularly suitable for larger hospitals and healthcare networks that must manage many assets across multiple locations. Zebra Pricing Contact for pricing Get free quotes Strengths Highly accurate and scalable real-time tracking Durable hardware designed for healthcare environments Strong reputation for reliability Weaknesses Complexity in setup and configuration Higher price points compared to some competitors Primarily focuses on location tracking Gallery See more See less Click to expand Photo: Source: Zebra Photo: Source: Zebra Photo: Source: Zebra Zebra’s real-time location tracking (RTLS) technology is a standout feature, providing precise location data for medical equipment across various environments, including complex and hazardous ones. It also offers Ultra-Wideband (UWB) solutions for tracking personnel and equipment both indoors and outdoors with a lower cost of ownership. Additionally, Zebra boasts seamless integration with existing healthcare systems like electronic health records (EHRs), which streamline data flow and improve operational efficiency.Here's a quick comparison between some of Zebra's best specialized hardware options for medical settings - Source: ZebraIts latest HC20 and HC50 mobile computers address fundamental healthcare-specific needs with features like disinfectant-resistant casings (to over 30 different cleaners), a dedicated emergency button, and the ability to convert into a full workstation using Zebra’s Workstation Connect and Connect Cradle.The HC50 adds a front-facing 5 MP camera for telehealth applications, battery hot-swap capability, plus larger memory, into the mix. This focus on specialized hardware sets Zebra apart from competitors like Asset Panda which rely on more general-purpose devices.Zebra commissioned Azura Knowledge Center to survey 280 non-clinical decision makers within large hospitals (1000+ beds) last year across the United States and the United Kingdom - Source: Zebra Did You Know? A recent Zebra Technologies study revealed that 84% of hospital leaders in the US and UK prioritize digitizing inventory management to ensure real-time availability of medical assets, thereby enhancing patient care. The study also highlights that 77% of these leaders acknowledge clinical staff spend excessive time searching for equipment, underscoring the need for automated tracking systems. 3. ASAP Systems – Best for Streamlined Inventory and Asset ManagementASAP Systems offers a comprehensive, healthcare asset tracking solution specifically tailored to the needs of hospitals and clinics. Its primary focus is streamlining inventory management, ensuring essential medical supplies and equipment are always readily available. Let’s summarise what it offers before we get into the details. ASAP Systems Pricing Contact for pricing Get free quotes Strengths Robust inventory management features Easy to use, with minimal training required Comprehensive reporting and analytics Weaknesses Less focus on real-time location tracking Limited hardware options Gallery See more See less Click to expand Photo: Source: ASAP Systems Photo: Source: ASAP Systems Photo: Source: ASAP Systems ASAP Systems simplifies stocktaking, reorder management, and reporting, ultimately helping healthcare institutions optimize resources and reduce costs associated with lost or misplaced assets. We’d argue the platform’s customizable workflow is most valuable here since it allows you to tailor it to your organization’s specific processes and procedures.Using its barcode-centric inventory management software—BarCloud— ASAP Systems caters to a range of industries besides healthcare, too. This software offers a user-friendly interface, real-time tracking capabilities through RFID integration, and reporting tools to streamline inventory control.Inside its BarCloud software, ASAP Systems introduced new dashboards to give teams even clearer eyes on all assets - Source: ASAP Systems / YouTubeIn 2024, ASAP introduced new dashboards to BarCloud that make it even easier to see where all medical items are at any given time. As the image above shows, you have two main options for viewing – assets or inventory – with each view optimized for their type of tracked item (items more rarely replaced versus consumables that need consistent replacement).The focus on affordability and ease of use makes ASAP Systems a strong contender for smaller healthcare facilities or departments seeking a more cost-effective solution than Asset Panda or Zebra. Latest ASAP Systems Updates in 2025 Last September, ASAP Systems introduced an “Authorization” feature to its inventory and asset tracking solutions. It improves security for medical tracking by allowing administrators to set user permissions for specific actions. In other words, only authorized personnel can have access to perform certain tasks, thereby improving control and compliance within hospitals and other medical settings. 4. CenTrak – Best for Real-Time Location Tracking of Medical DevicesCenTrak specializes in real-time location systems (RTLS) designed to track medical devices with a high degree of accuracy. This technology is crucial for hospitals that need to locate critical equipment quickly, such as infusion pumps or ventilators. Below are its major benefits and drawbacks before we define more precisely what it offers. CenTrak Pricing Contact for pricing Get free quotes Strengths Precise real-time location tracking Environmental monitoring capabilities Integration with nurse call systems Weaknesses Limited inventory management features More expensive than some alternatives Complex setup Gallery See more See less Click to expand Photo: Source: Centrak Photo: Source: Centrak Photo: Source: Centrak Using its highly accurate system, CenTrak allows critical equipment like infusion pumps and ventilators to be quickly locatable within healthcare facilities. This system employs a combination of technologies, including infrared (IR), radio frequency identification (RFID), and Wi-Fi, to provide real-time visibility of assets.With Centrak's list view, you can easily spot what floor, department and unit a specific item is, such as beds in this image, as well as its current status - Source: CentrakIts RTLS also provides insights into equipment use and can even integrate with environmental monitoring systems. This ensures medical devices are stored at optimal temperatures and humidity levels, critical for patient safety and compliance.CenTrak’s latest innovation, the BLE Multi-Mode Platform, further sets it apart from competitors. This platform leverages Bluetooth Low Energy (BLE) technology, which uses small, energy-efficient beacons attached to assets. These beacons constantly transmit their unique ID and other data and can provide a more equal balance between affordability for a single building or an entire hospital.This technology is different from RFID, which requires a nearby reader to power and read data from tags attached to assets. For facilities with existing BLE infrastructure, this translates to faster adoption of location-based services without a complete system overhaul.Centrak's mapping interface allows you to visually see where assets are on a hospital floor plan - Source: CentrakTo house all the tracking data, CenTrak also has its cloud-based ConnectRT software, which was also released last year, serving as a centralized hub for healthcare tracking. It provides access to various RTLS applications and system management tools through a unified dashboard with secure, Single Sign-On (SSO) capabilities. This integration from its hardware through to its software applications makes CenTrak a top choice for real-time location tracking and asset management. CenTrak Wins Global Healthcare RTLS of the Year Title In October 2024, Frost & Sullivan honored CenTrak as the 2024 Company of the Year in the global healthcare real-time location systems (RTLS) industry. This recognition was down to CenTrak’s scalable location data and comprehensive suite of solutions on a unified platform, enhanced by expert clinical support. Earlier in the year, CenTrak also received accolades from IoT Breakthrough and MedTech Breakthrough Awards for its contributions to healthcare technology. 5. GuardRFID – Best for Security-Focused and All-In-One Healthcare Asset Tracking SolutionsGuardRFID is a leader in RFID-based healthcare asset tracking solutions with a strong focus on security. The company’s solutions are ideal for healthcare facilities concerned about the theft of high-value medical equipment or sensitive patient data. Here’s a quick look at what it could offer. Guard RFID Pricing Contact for pricing Get free quotes Strengths Robust security features Reliable RFID technology Offers both hardware and software solutions Weaknesses Less focus on detailed inventory management Requires specialized setup expertise Not SOC 2 Type II compliant Gallery See more See less Click to expand Photo: Source: Guard RFID Photo: Source: Guard RFID Photo: Source: Guard RFID GuardRFID offers both active and passive RFID asset tagging and provides flexibility in implementation. In addition to healthcare asset tracking, GuardRFID’s platform can be integrated with access control and other security systems, offering a comprehensive and multifaceted approach to protecting healthcare resources.This security interest extends to the very aspect of care that hospitals value the most: life itself. For instance, Albany Medical Center (AMC)’s neonatal facility required specially designed tags suitable for babies needing neonatal care. As a result, GuardRFID and AMC developed the PPT2 tag, a tamper-detecting device featuring a comfortable woven band and holder, to improve infant security within the facility.This partnership led to the adoption of GuardRFID’s TotGuard Infant & Pediatric Security system, utilizing the PPT2 Patient Tag to ensure the safety of neonatal patients. You can see a screenshot of that software in action below.GuardRFID's TotGuard Software allows clear eyes on where each child in a hospital facility is located, even if the interface is a little dated in our view - Source: GuardRFID / YouTubeIn a similar manner, GuardRFID also launched a Digital Wayfinding Indoor Positioning Solution, expanding capabilities beyond healthcare asset tracking to improve patient and visitor experience. This solution provides turn-by-turn navigation within the healthcare facility, helping people easily find their destinations and reducing stress and confusion.This stands in contrast to solutions like Zebra, which have a greater focus on purely behind-the-scenes equipment tracking. Although, it’s worth noting that CenTrak also has way-finding systems available for hospitals. Latest GuardRFID Updates in 2025 Since GuardRFID hasn’t published updates as of late, we aren’t sure what changes to its software have occurred in recent times.What we do know is that GuardRFID was acquired by HID (a vendor of trusted identity solutions) just last year. Around the same time, HID was given the title of “Leader” in the Gartner Magic Quadrant for Indoor Location Services. So let’s hope this change of ownership should be a positive change for the GuardRFID. How To Choose a Healthcare Asset Tracking SystemSelecting the right healthcare asset tracking system is crucial for optimizing medical operations, ensuring compliance, and safeguarding patient safety overall. Here’s a comprehensive guide to assist you in making an informed decision:1. Assess your organizational needsEvaluate the number of assets to be tracked and the complexity of your operations. Larger facilities may require more sophisticated systems with advanced features.You should also identify the specific types of assets, such as medical equipment, pharmaceuticals, or patient information, that need tracking to ensure the system supports all necessary categories.2. Budget considerationsDetermine your budget constraints. Some providers offer subscription-based models, while others may require significant upfront hardware investments.Consider not only initial costs but also ongoing expenses like maintenance, upgrades, and training. That way, you can work out what the rough, total cost of ownership might be.3. User-friendlinessOpt for software with an intuitive interface to minimize the need for extensive staff training and reduce the likelihood of user errors. If the provider offers adequate training resources and support during the implementation phase, then this process can be even easier.4. Integration capabilitiesYou’ll also want to verify that the asset tracking system of your choice seamlessly integrates with your existing healthcare systems, such as Electronic Health Records (EHRs), scheduling software, and inventory management systems. It’s worth checking for available APIs or integration options to facilitate data exchange between systems, too.5. Security and compliancePrioritize solutions with robust security measures, including data encryption, role-based access control, and secure backups, to protect sensitive patient data. If a system complies with relevant healthcare regulations, such as HIPAA, then that’s added assurance that you’ll be able to maintain patient confidentiality and avoid any legal issues.6. Type of tracking technologyDecide between barcode (an affordable and accessible way to track assets from point to point), RFID (automated tracking and real-time visibility), or Real-Time Location Systems (RTLS; an integrated system of live tracking) based on your accuracy requirements and budget. We suggest choosing a system that can scale with your organization’s growth and adapt to future technological advancements. If we had to choose, we would suggest RTLS, though often you can have a mix between all of these types in one system for added flexibility.7. Maintenance and supportAssess the level of support provided by the vendor, like the availability of technical assistance. Ideally, the provider offers regular updates to keep the system current with technological advancements and security patches, at least within the past year.8. Reporting and analyticsLastly, it’s best to look for systems that offer comprehensive reporting and analytics features to monitor aspects of asset tracking including asset utilization, maintenance schedules, and compliance metrics. What’s even better is if you can customize the reporting tools so they can be tailored to meet your medical facility and its specific needs. Research MethodologyTo determine the top healthcare asset tracking software, we looked for solutions with a range of critical features, such as asset tracking accuracy, inventory management tools, real-time location tracking, compliance reporting, and security protocols.We prioritized software with intuitive interfaces, minimizing the need for extensive training, and mobile compatibility for on-the-go access. We focused on solutions with a proven track record in healthcare settings, positive feedback from users, and recognition within the asset tracking industry at large.Finally, we considered industry trends and recent developments within asset tracking technology to ensure recommendations are relevant to current and future healthcare needs. Verdict Our research has found Asset Panda is the best overall healthcare asset tracking system due to its highly customizable workflows, user-friendly mobile app, and robust preventive maintenance management that helps healthcare facilities reduce downtime and improve equipment availability. Its SOC 2 Type II compliance sets it apart from competitors like GuardRFID, ensuring superior data security for sensitive patient information.Additionally, recent updates such as offline mode support and improved RFID scanning accuracy only add to Asset Panda’s appeal as a reliable, scalable solution for healthcare institutions of all sizes.But Asset Panda isn’t the only option around, with each of the other four tracking solutions offering systems that may be better for your healthcare operations. By carefully considering your specific needs and weighing the strengths and weaknesses of different systems, you can find the ideal solution to help your healthcare facility achieve its goals.If you would like to compare exact prices between each of the listed providers, use our quote comparison tool. Inputting a few details about your business allows us to pair you with the best healthcare asset tracking software for you, who will then be in-touch with free, no-obligation pricing quotes for you to consider. Best Hospital Asset Tracking Software FAQs What are the benefits of investing in a hospital asset tracking system? These are just some of the benefits of investing in healthcare asset tracking systems:Improve clinical workflowTrace equipment usage and assess conditionIncrease staff satisfaction – cut down on stress levelsIntegrate the system so it auto orders stock when it’s running lowPrevent theftIntegration with healthcare CRM software How does asset tracking affect inventory management? Asset tracking drastically improves inventory management by providing real-time data on stock levels, automating the reordering process, identifying shrinkage or loss, and optimizing resource allocation. Written by: Richard Sutherland Richard has more than 20 years of experience in business operations, computer science and full-stack development roles. A graduate in Computer Science and former IT support manager at Samsung, Richard has taught coding courses and developed software for both private businesses and state organisations. A prolific author in B2B and B2C tech, Richard’s work has been published on sites such as TechRadar Pro, ITProPortal and Tom’s Guide. Reviewed by: Matt Reed Senior Communications and Logistics Expert Matt Reed is a Senior Communications and Logistics Expert at Expert Market. Adept at evaluating products, he focuses mainly on assessing fleet management and business communication software. Matt began his career in technology publishing with Expert Reviews, where he spent several years putting the latest audio-related products and releases through their paces, revealing his findings in transparent, in-depth articles and guides. Holding a Master’s degree in Journalism from City, University of London, Matt is no stranger to diving into challenging topics and summarising them into practical, helpful information.