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    Healthcare Technology Management Market

    ID: MRFR/HC/27738-HCR
    128 Pages
    Rahul Gotadki
    October 2025

    Healthcare Technology Management Market Research Report By Product (Software, Hardware, Services), By Deployment Model (On-premises, Cloud-Based, Hybrid), By Healthcare Setting (Hospitals, Ambulatory Surgical Centers, Physician Offices, Long-Term Care Facilities, Other Healthcare Facilities), By Application (Asset Management, Work Order Management, Inventory Management, Preventive Maintenance Management, Regulatory Compliance Management, Other Applications), By End User (Healthcare Providers, Healthcare Technology Managers, Healthcare Consul...

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    Summary Table of Contents Segmentation Download PDF

    Healthcare Technology Management Market Summary

    The Global Healthcare Technology Management Market is projected to grow significantly from 57.11 USD Billion in 2024 to 171.82 USD Billion by 2035.

    Key Market Trends & Highlights

    Healthcare Technology Management Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 10.53 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 171.8 USD Billion, indicating robust growth potential.
    • in 2024, the market is valued at 57.11 USD Billion, reflecting the increasing investment in healthcare technologies.
    • Growing adoption of advanced healthcare technologies due to rising demand for efficient healthcare services is a major market driver.

    Market Size & Forecast

    2024 Market Size 57.11 (USD Billion)
    2035 Market Size 171.82 (USD Billion)
    CAGR (2025-2035) 10.53%

    Major Players

    GE Healthcare, Siemens Healthineers, McKesson, Johnson Johnson, Fujitsu, Cerner, Cardinal Health, Boston Scientific, Stryker, Allscripts Healthcare Solutions, Medtronic, Philips, Epic Systems, Olympus, Abbott Laboratories

    Healthcare Technology Management Market Trends

    Key market drivers influencing the Healthcare Technology Management market include increasing healthcare costs, the need to improve patient outcomes, and the rising adoption of digital health technologies.

    Opportunities for exploration include the development of innovative healthcare technology management solutions, the integration of artificial intelligence and machine learning, and the expansion of

    services.

    Recent trends in the Healthcare Technology Management market include the growing adoption of cloud-based healthcare technology solutions, the increasing use of data analytics to improve decision-making, and the emergence of value-based care models.

    The ongoing evolution of healthcare technology management appears to be driven by an increasing emphasis on patient-centered care and the integration of advanced digital solutions into clinical workflows.

    U.S. Department of Health and Human Services

    Healthcare Technology Management Market Drivers

    Increasing Demand for Advanced Medical Devices

    The Global Healthcare Technology Management Market Industry experiences a notable surge in demand for advanced medical devices. This trend is primarily driven by the growing need for improved patient outcomes and the integration of technology in healthcare settings. As healthcare providers increasingly adopt sophisticated diagnostic and therapeutic equipment, the market is projected to reach 57.1 USD Billion in 2024. This demand is further fueled by the aging population and the rise in chronic diseases, necessitating more effective management solutions. Consequently, healthcare facilities are investing in technology management to ensure optimal performance and compliance with regulatory standards.

    Market Segment Insights

    Healthcare Technology Management Market Product Insights

    The Healthcare Technology Management Market is segmented based on product into software, hardware, and services. Among these segments, the software segment is expected to hold the largest market share during the forecast period. The growth of this segment can be attributed to the increasing adoption of electronic health records (EHRs) and other healthcare IT solutions.

    The hardware segment is also expected to witness significant growth due to the rising demand for medical devices and equipment. The market growth is primarily driven by the increasing adoption of healthcare technology solutions to improve patient care, reduce costs, and enhance operational efficiency.

    Government initiatives and regulations promoting the adoption of healthcare IT are also contributing to the market growth. The increasing prevalence of chronic diseases, the aging population, and the rising demand for personalized medicine are driving the demand for healthcare technology solutions.

    Healthcare Technology Management Market Deployment Model Insights

    The Healthcare Technology Management Market segmentation by deployment model includes on-premises, cloud-based, and hybrid. Among these, the cloud-based segment is projected to hold the largest market share during the forecast period.

    The increasing adoption of cloud-based solutions in the healthcare industry, owing to their cost-effectiveness, flexibility, and scalability, is driving the growth of this segment. The on-premises segment is expected to witness a steady growth rate due to the need for data security and control. The hybrid segment is gaining traction as it offers the benefits of both on-premises and cloud-based solutions.

    The Healthcare Technology Management Market revenue from the cloud-based segment is expected to reach USD 25.44 billion by 2024, growing at a CAGR of 12.3%.

    Healthcare Technology Management Market Healthcare Setting Insights

    The Healthcare Technology Management Market is segmented by healthcare setting into hospitals, ambulatory surgical centers, physician offices, long-term care facilities, and other healthcare facilities. Hospitals held the largest market share in 2023 and are expected to continue to dominate the market throughout the forecast period.

    The growth of the hospital segment can be attributed to the increasing adoption of healthcare technology solutions to improve patient care, enhance operational efficiency, and reduce costs. Ambulatory surgical centers are expected to witness significant growth during the forecast period due to the increasing demand for outpatient procedures and the shift toward value-based care.

    Physician offices are also expected to experience growth as they adopt more technology solutions to improve patient care and streamline operations.

    Healthcare Technology Management Market Application Insights

    The Application segment of the Healthcare Technology Management Market is expected to witness significant growth in the coming years. The increasing adoption of healthcare technology and the need for efficient management of healthcare assets are driving the growth of this segment.

    Among the various applications, Asset Management is expected to hold a significant market share due to the crescent need for tracking and managing healthcare assets effectively. The Work Order Management application is also gaining traction as healthcare organizations seek to improve the efficiency of their maintenance and repair operations.

    Inventory Management is another important application, as healthcare providers need to optimize their inventory levels to ensure the availability of critical supplies. Preventive Maintenance Management helps healthcare organizations reduce downtime and extend the lifespan of their equipment, leading to cost savings and improved patient care.

    Healthcare Technology Management Market End User Insights

    The Healthcare Technology Management (HTM) market is segmented by end users into healthcare providers, healthcare technology managers, healthcare consultants, and other end users. The healthcare providers segment held the largest market share in 2023, accounting for over 50% of the HTM market revenue.

    This is due to the increasing adoption of HTM solutions by hospitals and other healthcare facilities to improve patient care, reduce costs, and improve operational efficiency.

    The healthcare technology managers segment is expected to grow at the highest CAGR during the forecast period due to the increasing demand for HTM professionals to manage and maintain the complex and evolving healthcare technology landscape.

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    Regional Insights

    The Healthcare Technology Management Market is segmented by region into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. North America was the largest regional market, accounting for over 35% of the revenue in 2023.

    The market in this region is driven by the presence of a large number of healthcare providers, a well-established healthcare infrastructure, and a high level of healthcare spending.

    Europe is the second-largest regional market, with a share of over 30% of the revenue. The market in this region is driven by the presence of a large number of healthcare providers, a well-established healthcare infrastructure, and a high level of healthcare spending.

    The Asia-Pacific region is expected to be the fastest-growing regional market, with a CAGR of over 12% during the forecast period. The market in this region is driven by growing healthcare spending, the increasing demand for healthcare services, and the rising adoption of healthcare technology.

    Key Players and Competitive Insights

    Major players in the Healthcare Technology Management Market industry are constantly striving to develop and introduce innovative solutions to meet the evolving needs of healthcare providers. Leading Healthcare Technology Management Market players are investing heavily in research and development to enhance their product portfolios and gain a competitive edge.

    The Healthcare Technology Management Market is witnessing a growing number of strategic partnerships, collaborations, and acquisitions, as companies seek to expand their market reach and strengthen their capabilities. These developments are shaping the competitive landscape of the Healthcare Technology Management Market and driving its growth.

    GE Healthcare is a leading provider of healthcare technology and services worldwide. The company offers a comprehensive range of solutions for healthcare providers, including imaging systems, patient monitoring devices, and healthcare IT solutions.

    GE Healthcare has a strong presence in the Healthcare Technology Management Market and is known for its innovative products and solutions. The company has a wide distribution network and provides support to healthcare providers in various countries. GE Healthcare is committed to providing its customers with high-quality products and services that meet their evolving needs.

    Siemens Healthineers is another leading player in the Healthcare Technology Management Market. The company offers a broad portfolio of healthcare technology solutions, including imaging systems, laboratory diagnostics, and healthcare IT solutions.

    Siemens Healthineers has a presence and serves healthcare providers in over 190 countries. The company is known for its commitment to innovation and has developed several cutting-edge technologies that are used in healthcare settings worldwide.

    Siemens Healthineers has a strong track record of success in the Healthcare Technology Management Market and is well-positioned to continue its growth in the years to come.

    Key Companies in the Healthcare Technology Management Market market include

    Industry Developments

    The market is driven by factors such as the rising adoption of healthcare IT solutions, increasing healthcare expenditure, and the growing need for efficient healthcare delivery.

    Recent news developments in the market include the acquisition of healthcare technology companies by larger players, such as the acquisition of IMS Health by IQVIA and the acquisition of Cerner by Oracle. These acquisitions are expected to consolidate the market and lead to the development of more comprehensive healthcare technology solutions.

    Other current affairs in the market include the increasing adoption of artificial intelligence (AI) in healthcare technology management. AI is being used to automate tasks, improve decision-making, and provide personalized care. This is expected to drive the growth of the healthcare technology management market in the coming years.

    Future Outlook

    Healthcare Technology Management Market Future Outlook

    The Healthcare Technology Management Market is poised for growth at 10.53% CAGR from 2025 to 2035, driven by technological advancements, increasing healthcare expenditures, and the demand for efficient healthcare delivery.

    New opportunities lie in:

    • Invest in AI-driven predictive maintenance solutions for medical equipment. Develop integrated software platforms for real-time asset tracking and management. Explore partnerships with telehealth providers to enhance remote monitoring capabilities.

    By 2035, the market is expected to achieve substantial growth, reflecting evolving healthcare needs and technological integration.

    Market Segmentation

    Healthcare Technology Management Market Product Outlook

    • Software
    • Hardware
    • Services

    Healthcare Technology Management Market End User Outlook

    • Healthcare Providers
    • Healthcare Technology Managers
    • Healthcare Consultants
    • Other End Users

    Healthcare Technology Management Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Healthcare Technology Management Market Application Outlook

    • Asset Management
    • Work Order Management
    • Inventory Management
    • Preventive Maintenance Management
    • Regulatory Compliance Management
    • Other Applications

    Healthcare Technology Management Market Deployment Model Outlook

    • On-premises
    • Cloud-Based
    • Hybrid

    Healthcare Technology Management Market Healthcare Setting Outlook

    • Hospitals
    • Ambulatory Surgical Centers
    • Physician Offices
    • Long-Term Care Facilities
    • Other Healthcare Facilities

    Report Scope

    Report Attribute/MetricDetails
    Market Size 2024  57.11 (USD Billion)
    Market Size 2025  63.12 (USD Billion)
    Market Size 2035171.82 (USD Billion)
    Compound Annual Growth Rate (CAGR)10.53% (2025 - 2035)
    Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year2024
    Market Forecast Period2025 - 2035
    Historical Data2020 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMcKesson, GE Healthcare, Johnson Johnson, Fujitsu, Siemens Healthineers, Cerner, Cardinal Health, Boston Scientific, Stryker, Allscripts Healthcare Solutions, Medtronic, Philips, Epic Systems, Olympus, Abbott Laboratories
    Segments CoveredProduct, Deployment Model, Healthcare Setting, Application, End User, Regional
    Key Market Opportunities1 Cloud-based HTM solutions 2 Artificial Intelligence AI-driven HTM 3 Predictive maintenance technologies 4 Remote monitoring and management 5 Integration of HTM with IoT devices
    Key Market DynamicsRising healthcare costs Advancements in technology Increasing adoption of cloud-based solutions Government regulations Growing demand for remote patient monitoring
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    FAQs

    What is the projected growth of the Healthcare Technology Management market?

    The Healthcare Technology Management market is the expected increase in total market value of 171.82 USD billion over a defined forecast period 2025–2035. It is driven by factors such as demand trends, technological advances, regulatory changes, and geographic expansion.

    What is the size of the Healthcare Technology Management market?

    Healthcare Technology Management market size was valued at approximately 57.11 billion USD in 2024. This figure will reach 171.82 billion USD covering all regions (America, Europe, Asia, MEA and ROW), focusing its segments / services / distribution channels till 2035.

    What is the CAGR of the Healthcare Technology Management market?

    Healthcare Technology Management market is expected to grow at a CAGR of 10.53% between 2025 and 2035.

    How much will the Healthcare Technology Management market be worth by 2035?

    Healthcare Technology Management market is expected to be worth of 171.82 billion USD, reflecting growth driven by usage, technology and global demands by the end of 2035.

    How will the Healthcare Technology Management market perform over the next 10 years?

    Over the next 10 years the Healthcare Technology Management market is expected to shift from usd billion 57.11 to 171.82 billion USD, led by adoption of advanced tech, demographic trends, regulatory approvals, with potential headwinds from 2025 to 2035.

    What are the major factors driving the growth of the Healthcare Technology Management Market?

    Key factors driving market growth include the increasing adoption of healthcare IT solutions, rising demand for efficient healthcare delivery, and government initiatives to promote healthcare technology.

    Which region is expected to hold the largest market share in the Healthcare Technology Management Market?

    North America is expected to dominate the Healthcare Technology Management market throughout the forecast period due to the presence of a well-established healthcare infrastructure and high adoption of advanced technologies.

    Who are the key competitors in the Healthcare Technology Management Market?

    Major players in the market include Cerner Corporation, Epic Systems Corporation, GE Healthcare, IBM Corporation, and Philips Healthcare.

    What are the emerging trends in the Healthcare Technology Management Market?

    Prominent trends include the integration of artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) into healthcare technology solutions.

    What are the challenges faced by the Healthcare Technology Management Market?

    Challenges include data security and privacy concerns, lack of interoperability between systems, and the need for skilled professionals.

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