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Healthcare Technology Management Market worth $12.9 billion by 2026 - Leading Key Players are Siemens Healthineers (Germany), GE Healthcare (US), TRIMEDX (US)

04-25-2022 03:12 PM CET | Health & Medicine

Press release from: MarketsandMarkets™ INC

Healthcare Technology Management Market

Healthcare Technology Management Market

According to the new market research report "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", published by MarketsandMarkets™, 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.

Browse in-depth TOC on "Healthcare Technology Management Market"
22 - Tables
26 - Figures
101 - Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=3281026&utm_source=openpr&utm_medium=referral

The 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.

Impact of Covid-19 On US Healthcare Technology Management Market

The novel coronavirus pandemic has exerted enormous strain on the functioning of healthcare and life sciences industries. As of March 2022, more than 78.5 million confirmed cases were reported in the US (Source: WHO). This situation has compelled the US government to take proactive measures to contain the outbreak. The state of urgency to combat the outbreak has led healthcare provider facilities, life sciences, and government bodies to adopt advanced technologies, solutions, and services, exceeding traditional avenues to improve workflows.

The healthcare sector has been at the center of the COVID-19 crisis. On the one hand, it has been responsible for treating COVID-19 patients, while on the other, it has also faced several challenges, much like the other sectors. The sector has had to continuously innovate and develop new ways of care delivery. The innovative players in the space are already recognizing these trends and are coming out with ways to address them through tech-enabled solutions. Health management is further anticipated to become more integrated, with players offering different services coming together and offering the consumers the care they need. Several services are expected to move to a virtual setting or consumers' homes, with technology platforms pulling them together.

"The maintenance & repair segment accounted for the largest share of the market."

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 accounted 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 market in 2020 and are expected to grow at a 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.

Prominent 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).

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Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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