Press release
Emerging Sub-Segments Transforming the Healthcare Technology Management Market Landscape
Healthcare Technology Management
Expanding Market Size and Anticipated Growth in Healthcare Technology Management
The healthcare technology management market is forecasted to expand rapidly, reaching $44.44 billion by 2029. This growth corresponds to a compound annual growth rate (CAGR) of 16.2%. Factors fueling this surge include the growing adoption of telehealth services, a shift towards value-based care models, heightened emphasis on cybersecurity and data protection, sustainable practices, and the management of telehealth environments. Emerging trends expected to influence the market during this period include telehealth technology management, Internet of Things (IoT) device oversight, integration of artificial intelligence (AI) and machine learning, cloud-based healthcare solutions, and mobile device management.
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Prominent Companies Driving the Healthcare Technology Management Market
A diverse group of influential companies dominates this sector, offering a range of healthcare technology management services. Key market players 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, and Healthcare Technology Management Company.
Strategic Acquisitions Enhancing Market Position
In February 2022, Sodexo, a France-based player in technology management, expanded its footprint in China by acquiring Hai TOPMED Information Technology Co. Ltd. The deal, for an undisclosed sum, strengthened Sodexo's healthcare technology management capabilities in the Chinese market. Shanghai TOPMED Information Technology Co. Ltd. specializes in healthcare maintenance and management services, reinforcing Sodexo's service offerings in the region.
View the full healthcare technology management market report:
https://www.thebusinessresearchcompany.com/report/healthcare-technology-management-global-market-report
Emerging Trends and Technological Innovations in Healthcare Technology Management
Technological innovation is a major trend influencing this market, with companies prioritizing the development of cutting-edge solutions to maintain competitive advantage. For example, in March 2022, TRIMEDX, a US-based provider of clinical engineering, medical device cybersecurity, and clinical asset management services, introduced the RUDR Score. This AI-powered system aids in making objective decisions related to clinical asset replacement, utilizing advanced benchmarking of client data. Its cloud-based infrastructure simplifies data storage and accessibility, while enhancing cybersecurity measures, patient safety, and the operational efficiency of medical equipment.
Market Segmentation by Service Type and Healthcare Facility
The healthcare technology management market is categorized into various segments based on service types and facility types. Service types include Maintenance and Repair, Capital Planning, Integrated Software Platforms, Labor Management, Supply Chain (Procurement), Cybersecurity, and Quality and Regulatory Compliance. Facility types are divided into Acute Care Facilities, Post-Acute Care Facilities, and Non-Acute Care Facilities. Further sub-segments within these categories include hospitals, urgent care centers, emergency departments under Acute Care; rehabilitation centers, long-term care, and skilled nursing facilities under Post-Acute Care; and outpatient clinics, home healthcare services, and ambulatory surgery centers under Non-Acute Care.
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