Press release
Healthcare Technology Management Market: Surge to $24.49 Billion by 2025, Accelerating at a CAGR of 14.5%
Healthcare Technology Management Market
What Is The Projected Market Size Of The Global Healthcare Technology Management Market And Its Growth Rate?
o In 2024, the market size of the healthcare technology management was $21.39 billion.
o The size is projected to increase to $24.49 billion in 2025 with a CAGR of 14.5%.
o Looking ahead, by 2029, the market size is expected to further rise to $44.81 billion at a CAGR of 16.3%.
o The key factors fueling this growth include: medical device integration, regulatory compliance, cost control, asset tracking, and telehealth expansion.
What Is Driving The Growth In The Healthcare Technology Management Market?
The increasing need for data security in the healthcare sector is a significant driver for the healthcare technology management market. Protecting data from unauthorized access and corruption is becoming more critical due to the rise in hacker activity, leading to potential patient data theft and fraud. Healthcare technology management helps safeguard data, especially with production and operations management techniques that help identify malicious emails and report them to the user. For instance, in 2024, the International Business Machines Corporation reported that the global average cost of a data breach rose to USD 4.88 million, a 10% increase from the previous year. The escalating cost of data breaches underscores the need for robust data security measures in the healthcare sector.
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Who Are the Key Players Driving Healthcare Technology Management Market Growth?
o ABM Industries Inc.
o Agility Inc.
o Allscripts Healthcare Solutions Inc.
o Athenahealth Inc.
o Eli Lilly and Company,
o InterMed Group,
o Januarynx Medical Systems Inc.
o Koninklijke Philips NV
o Renovo Solutions Ltd.
o Siemens Healthcare GmbH
What Are The Key Trends In The Healthcare Technology Management Market?
o Telehealth Technology Management
o IoT Device Management
o AI and Machine Learning Adoption
o Cloud-based solutions
o Mobile Device Management
What Are The Segments Of The Global Healthcare Technology Management Market?
o Type Of Service: Maintenance and Repair, Capital Planning, Integrated Software Platform, Labor Management, Supply Chain (Procurement), Cyber Security, Quality and Regulatory Compliance
o Facility Type: Acute Care Facility, Post Acute Care Facility, Non Acute Care Facility
Which Region Leads The Healthcare Technology Management Market?
North America was the largest region in the global healthcare technology management market in 2024. Other regions covered in the market report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa, with each exhibiting significant growth prospects.
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What Is Covered In The Healthcare Technology Management Market Global Market Report?
- Market Size Analysis
- Market Segmentation Analysis
- Key Player Focus
- Growth Trends Analysis
- Market Contribution
- Growth Drivers
- Industry Challenges
- Competitive Developments
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