Key Trend Reshaping the Healthcare Technology Management Market in 2025: Technological Advancements Shaping The Healthcare Technology Management Market

Which drivers are expected to have the greatest impact on the over the healthcare technology management market's growth?
The escalating demand for data security is anticipated to stimulate the growth of the healthcare technology management market. Data security involves safeguarding data from unauthorized access and corruption. The increased activities of hackers stealing patient data for fraudulent activities highlight the importance of data security. Healthcare technology management provides a means to shield the data from these malicious hacks, utilizing methods related to production and operations management to spot and report phishing emails directly to the user. For example, as per the International Business Machines Corporation, a technology firm from the United States, the global average cost of a data breach in July 2024 was USD 4.88 million. This was a significant 10% increase from the previous year, representing the highest total ever recorded. Consequently, the requirement for data security is a major factor propelling the expansion of the healthcare technology market.

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What is the future CAGR of the healthcare technology management market, and how will it impact industry expansion?
The market size of healthcare technology management has witnessed fast-paced growth in the last few years. It is expected to rise from $21.39 billion in 2024 to $24.49 billion in 2025, with a compound annual growth rate (CAGR) of 14.5%. Factors such as medical device integration, regulatory compliance, equipment maintenance, cost control, and asset tracking have contributed to the growth in the historic period.

In the upcoming years, the market size of healthcare technology management is projected to experience swift expansion. By 2029, it is predicted to reach $44.81 billion, with a compound annual growth rate (CAGR) of 16.3%. This growth during the forecast period is likely due to several factors including telehealth proliferation, enhanced value-based care, focus on cybersecurity and data protection, increased sustainability, and telehealth environment management. Noteworthy trends during this period may encompass management of telehealth technology, administration of IoT devices, adoption of AI and machine learning, cloud-based solutions, and management of mobile devices.

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What are the most significant trends transforming the healthcare technology management market today?
Technological progression is a rising trend in the healthcare technology management industry and major businesses in this field are focusing on creating revolutionary technologies to retain their market foothold. TRIMEDX, an American company offering clinical engineering, medical device cyber security and clinical asset management solutions, showcased the RUDR Score in March 2022. This AI-powered technology makes unbiased decision-making around clinical asset substitution simpler and features superior client data benchmarking. It utilizes advanced cloud technology to conveniently store ample data in a single instance and make it readily accessible. Moreover, it offers added advantages like cyber security, promoting patient safety, and ensuring efficient functioning of medical equipment.

Which key market segments comprise the healthcare technology management market and drive its revenue growth?
The healthcare technology management market covered in this report is segmented -

1) By Type Of Service: Maintenance and Repair, Capital Planning, Integrated Software Platform, Labor Management, Supply Chain (Procurement), Cyber Security, Quality and Regulatory Compliance
2) By Facility Type: Acute Care Facility, Post Acute Care Facility, Non Acute Care Facility

Subsegments:
1) By Acute Care Facility: Hospitals, Urgent Care Centers, Emergency Departments
2) By Post Acute Care Facility: Rehabilitation Centers, Long-Term Care Facilities, Skilled Nursing Facilities
3) By Non-Acute Care Facility: Outpatient Clinics, Home Health Care Services, Ambulatory Surgery Centers

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What regions are at the forefront of healthcare technology management market expansion?
North America was the largest region in the healthcare technology management market in 2024. The regions covered in the healthcare technology management market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the leading players fueling growth in the healthcare technology management market?
Major companies operating in the healthcare technology management market include ABM Industries Inc., Agility Inc., Allscripts Healthcare Solutions Inc., Athenahealth Inc., Eli Lilly and Company, InterMed Group, Januarynx Medical Systems Inc., Koninklijke Philips NV, Renovo Solutions Ltd., Siemens Healthcare GmbH, TRIMEDX Holdings LLC, Welldoc Inc., Accumen Fund Inc., Advanced Ultrasound Electronics Ltd., Althea Group, Aramark Healthcare Technologies LLC, Asimily India Pvt. Ltd., Atlantic Biomedical Co., Clinical Technology Management, Comprehensive Technical Group, Conquest Imaging, DirectMed Parts Services LLC, First Healthcare Products Inc., GE Healthcare, Innovatus Imaging Corp., MasterPlan Healthcare, MedWrench LLC, Metis Medical Services, IQVIA Holdings LLC, Physicians Endoscopy, Radiological Service Training Institute, Tech Knowledge Associates LLC, Healthcare Technology Management Company

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What Is Covered In The Healthcare Technology Management Global Market Report?

•Market Size Forecast: Examine the healthcare technology management market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the healthcare technology management market for a structured understanding.
•Key Players Overview: Analyze major players in the healthcare technology management market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the healthcare technology management market.
•Segment Contributions: Evaluate how different segments drive overall growth in the healthcare technology management market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the healthcare technology management market.
•Industry Challenges: Identify potential risks and obstacles affecting the healthcare technology management market.
•Competitive Landscape: Review strategic developments in the healthcare technology management market, including expansions, agreements, and new product launches.

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