Healthcare Technology Management Market by Service(Maintenance & Repair, Integrated Software Platform, Quality & Regulatory compliance, Labour Management, Supply chain, Cyber Security) & Facility Type(Acute, Post Acute & Non Acute) - US Forecasts to 2026

Healthcare Technology Management Market by Service(Maintenance & Repair, Integrated Software Platform, Quality & Regulatory compliance, Labour Management, Supply chain, Cyber Security) & Facility Type(Acute, Post Acute & Non Acute) - US Forecasts to 2026

The US healthcare technology management market is projected to reach USD 12.9 billion by 2026 from USD 6.3 billion in 2021, at a CAGR of 15.5% during the forecast period. Growth in this market is driven by factors such as the need for better asset management in hospitals and a rising focus on preventive medical equipment maintenance. The advantages offered by ISOs and the rising need for data security further contribute to this market’s growth.

However, the dearth of skilled technicians and clinical/biomedical engineers is expected to restrain the growth of this market during the forecast period.

“Maintenance & repair segment is expected to grow at the highest rate during the forecast period”

Based on the type of service, the healthcare technology management market is segmented into maintenance & repair, capital planning, integrated software platform, labor management, supply chain (procurement), cyber security, and quality & regulatory compliance. The maintenance & repair segment accounted for the largest share of 36.14% of the US healthcare technology management market in 2020. The need to improve patient safety, the growing adoption of advanced medical devices/equipment across various healthcare facilities, and government initiatives to encourage the implementation of imaging systems are some of the other factors driving the growth of this market
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“Acute Care Facilities segment is estimated to account for the largest share of the US healthcare technology management market in 2020”

Based on facility types, the US healthcare technology management market is segmented into acute care, post-acute care, and non-acute care facilities. Acute care facilities accounted for the largest share of the US healthcare technology management market in 2020 and are expected to grow at the highest CAGR during the forecast period. The large share and high growth rate of the acute care facilities segment can largely be attributed to factors such as the overall increase in patient volumes, the need for better clinical asset management, and the need to improve the quality of patient care, thus pushing demand for healthcare technology management services.

Breakdown of supply-side primary interviews, by company type, designation, and region:

By Company Type: Tier 1 (33%), Tier 2 (39%), and Tier 3 (28%)

By Designation: C-level (44%), Director-level (35%), and Others (21%)

Some major players in the US healthcare technology management market are GE Healthcare (US), TRIMEDX (US), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), Sodexo (France), Crothall Healthcare (US), Agility Inc (US), RENOVO Solutions (US), ABM Industries Incorporated (US), JANNX Medical System (US) and the InterMed Group (US)

Research Coverage

The report studies the US healthcare technology management market based on type of service and facility type.

The report analyzes factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth

The report evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders

The report studies micro-markets with respect to their growth trends, prospects, and contributions to the US healthcare technology management market

The report forecasts the revenue of market segments with respect to US region

Key Benefits of Buying the Report:

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the US healthcare technology management market and provides them information on key market drivers, restraints, challenges, and opportunities.