World's Top 15 Companies in Healthcare Technology Management In 2025 Watch List; Statistics Report (2024–2035)
RELEASE DATE: Aug 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Healthcare Technology Management Market Size is projected to grow from USD 28.77 billion in 2024 to USD 143.28 billion by 2035, at a CAGR of 15.71% during the forecast period 2025–2035. Rising demand for telehealth and mHealth solutions, as well as the expanding use of cloud computing and associated Human-Computer Interaction (HCI) services, are major factors propelling the healthcare technology management market. Rapid implementation of various healthcare reforms, such as the Patient Protection and Affordable Care Act (PPACA), has a favorable effect on market expansion. The market for healthcare technology management is also experiencing exponential growth due to the growing number of elderly people and the prevalence of many chronic illnesses.
Introduction
The Global Healthcare Technology Management Market refers to the industry devoted to the strategic supervision, upkeep, and optimization of medical devices and equipment in healthcare environments is known as the global healthcare technology management market. Planning, purchasing, cybersecurity, preventive maintenance, compliance, and lifecycle management of the systems and devices utilized in clinics, hospitals, and other care facilities are all included in this multidisciplinary approach. Additionally, another important factor driving the healthcare technology management market is government regulations. Regulations requiring healthcare organizations to use technology to enhance patient care are being passed by governments worldwide more frequently. These rules are intenokded to boost productivity, lower expenses, and enhance patient safety. By giving them the resources and know-how they require, healthcare technology management solutions can assist healthcare organizations in adhering to these rules. Moreover, the market for healthcare technology management is largely driven by the growing amount of healthcare data. Due to the widespread use of medical devices, electronic health records (EHRs), and other digital technologies, the volume of data produced by healthcare organizations is increasing rapidly.
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Healthcare Technology Management Market Size & Statistics
- The Market Size for Healthcare Technology Management Was Estimated to be Worth USD 28.77 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 15.71% Between 2025 and 2035.
- The Global Healthcare Technology Management Market Size is Anticipated to Reach USD 143.28 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Healthcare Technology Management Market.
- Europe is expected to grow the fastest during the forecast period in the Healthcare Technology Management Market.
Regional growth and demand
Europe is expected to grow the fastest during the forecast period in the healthcare technology management market. Modern healthcare infrastructure, growing use of digital health technologies, and stringent regulations are driving the market. The region's optimistic outlook is further supported by significant investments in cybersecurity knowledge and measures because of the volume of data breaches showing that healthcare systems are being targeted. Security is also given top priority in HIPAA compliance requirements to guard against unauthorized copies and protect patient data from accessibility.
North America is expected to generate the highest demand during the forecast period in the healthcare technology management market. Modern healthcare infrastructure, growing use of digital health technologies, and stringent regulations are driving the market. The region's optimistic outlook is further supported by significant investments in cybersecurity knowledge and measures because of the volume of data breaches showing that healthcare systems are being targeted. Security is also given top priority in HIPAA compliance requirements to guard against unauthorized copies and protect patient data from accessibility. Renowned cybersecurity companies and academic institutions back North America's leadership in safe healthcare IT practices, and the region continues to be a key hub for international innovation and the deployment of cybersecurity solutions tailored to the onsite healthcare industry.
Top 10 Healthcare Technology Management Trends
- AI-Enabled Monitoring & Diagnostics
- IoT Integration for Equipment Tracking
- Cloud-Based Management Platforms
- Mobile App-Based Asset Management
- Compliance Automation Tools
- Vendor-Managed Solutions Expansion
- Cybersecurity for Connected Devices
- Sustainability Upgrades
- AI Product Launches & Innovation
- Predictive Maintenance Adoption
1. AI-Enabled Monitoring & Diagnostics
In order to maximize operational efficiency, 68% of U.S. hospitals have already integrated AI-enabled monitoring and diagnostics, which has drastically changed healthcare technology management. Predictive maintenance that lowers repair costs and downtime is made possible by these solutions, which use machine learning algorithms to continuously assess equipment performance. They also improve diagnostic precision by spotting irregularities instantly, and they simplify asset tracking by offering insightful data on device location and usage. Healthcare is being delivered in a more intelligent, secure, and economical manner thanks to the convergence of automation and analytics.
2. IoT Integration for Equipment Tracking
By providing real-time visibility into medical assets across facilities, IoT integration for equipment tracking is transforming healthcare technology management. Hospitals can now precisely monitor the location, status, and usage of devices thanks to the deployment of IoT-enabled tools by 55% of healthcare networks. This improves operational efficiency and lowers manual inventory errors. In the end, these systems improve patient care and lower costs by optimizing resource allocation, preventing equipment loss, and streamlining maintenance schedules.
3. Cloud-Based Management Platforms
As providers look for scalable, secure, and interoperable solutions, cloud-based management platforms are rapidly becoming a key component of healthcare technology management, with a 46% global adoption rate. These platforms facilitate smooth data transfer between facilities and departments, promoting integrated care delivery and dismantling silos. Remote access capabilities improve operational agility and responsiveness by enabling technicians and administrators to monitor, update, and troubleshoot equipment from any location.
4. Mobile App-Based Asset Management
Healthcare operations are becoming more efficient by utilizing mobile app-based asset management, which provides real-time, mobile control over inventory and medical equipment. Currently, 44% of facilities use mobile platforms, allowing technicians to track equipment locations, update maintenance logs, and access asset data instantly from their devices. This lowers administrative costs, minimizes servicing delays, and improves departmental workflow efficiency. As a result, healthcare technology management becomes more agile, response times are accelerated, and resource utilization is enhanced.
5. Compliance Automation Tools
Healthcare technology management is seeing a 38% increase in the use of compliance automation tools as facilities look to minimize human error and expedite regulatory procedures. These systems guarantee timely audits and compliance with regulations such as ISO, FDA, and HIPAA by automatically monitoring, recording, and validating equipment performance against industry standards. They improve operational transparency and lower the risk of non-compliance penalties by reducing manual data entry and instantly identifying discrepancies, which makes them an essential component of contemporary healthcare infrastructure.
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Top 16 Companies Leading the Healthcare Technology Management Market
- Siemens Healthineers
- General Electric (GE) Healthcare
- Koninklijke Philips N.V.
- Sodexo
- TriMedx
- Agility
- Renovo Solutions
- JANNX Medical Systems
- ABM Industries
- Medtronic
- Henry Schein
- Omnicell
- Stryker
- Baxter International
- B. Braun Melsungen
- Canon Medical Systems
- Others
1. Siemens Healthineers
Headquarters – Siemens Healthineers
Siemens AG's subsidiary Siemens Healthineers AG is a provider of medical technology. Imaging systems, in vitro diagnostics, and advanced therapies are among the diagnostic and therapeutic products that the company designs, develops, manufactures, and markets. Systems for molecular imaging, X-rays, ultrasound, computed tomography, magnetic resonance imaging, testing, point-of-care (POC) testing, mobile C-arms, hybrid operating rooms, and angiography are among the company's main offerings. It also provides digital and enterprise services. The business provides services to a wide range of clients, including clinical research institutes, hospitals, clinics, hospitals, hospital systems, doctors, public health organizations, universities, state-run and private health insurers, and pharmaceutical companies
2. General Electric (GE) Healthcare
Headquarters – Chicago, Illinois, United States.
The company GE HealthCare Technologies Inc. (GE HealthCare) provides digital solutions, pharmaceutical diagnostics, and medical technology. Imaging agents used in medical scanning procedures; healthcare IT solutions; products and services for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and diagnostic imaging and clinical systems are all designed, developed, manufactured, and distributed by the company. Other services offered by GE HealthCare include computerized data management, remote diagnostic and repair services for medical equipment produced by the company and others, and performance improvement and performance solutions services.
3. Koninklijke Philips N.V.
Headquarters – Amsterdam, Netherlands
Koninklijke Philips NV (Philips) is a multifaceted technology company that creates and produces consumer electronics and medical systems. Precision diagnosis, image-guided therapy, monitoring, enterprise informatics, sleep and respiratory care, and personal health are among the products that the company sells. X-ray and fluoroscopy systems, magnetic resonance imaging (MRI) systems, computed tomography (CT) systems, integrated interventional X-ray systems, image guided therapy systems, intracardiac echocardiography (ICE) catheters, hospital patient monitoring systems, ambulatory monitoring and diagnostics systems, battery-operated toothbrushes, brush heads, breast pumps, baby bottles, sterilizers, groomers, trimmers, and hair clippers are some of its main offerings.
4. Sodexo
Headquarters – Issy-les-Moulineaux, France
Food services and facility management are offered by Sodexo SA (Sodexo). Offering facility services like building maintenance, energy management, and technical service management is one of the company's primary endeavors. Project management, pest control, space planning, and deep cleaning are also among Sodexo's primary services. The company is notable for running the Sodexo Live! brand, which oversees major events and cultural and athletic venues. Businesses, hospitals, schools, universities, and other organizations from a variety of industries are among the varied clients that Sodexo serves.
5. TriMedx
Headquarters – Indianapolis, Indiana, United States
TriMedx LLC (TriMedx) is a provider of medical equipment management solutions that help organizations and healthcare facilities give patients high-quality care. Cybersecurity, clinical asset management, and clinical engineering services are among the healthcare technology management solutions that the company provides. Selection and acquisition, capital equipment, technology planning, management and support, implementation, end-of-life management, field services, client support, and more are among the services it provides.
Are you ready to discover more about the healthcare technology management market?
The report provides an in-depth analysis of the leading companies operating in the global healthcare technology management market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Siemens Healthineers
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- General Electric (GE) Healthcare
- Koninklijke Philips N.V.
- Sodexo
- TriMedx
- Agility
- Renovo Solutions
- JANNX Medical Systems
- ABM Industries
- Medtronic
- Henry Schein
- Omnicell
- Stryker
- Baxter International
- B. Braun Melsungen
- Canon Medical Systems
- Others
Conclusion
The market for healthcare technology management is changing dramatically due to digital innovation, legal requirements, and the growing need for effective care delivery. Healthcare facilities' operational models are changing as a result of major trends like cloud-based platforms, IoT tracking, and AI diagnostics. Regional dynamics demonstrate Asia Pacific's quick adoption of digital health infrastructure and North America's leadership in cybersecurity. Market expansion is further accelerated by aging populations and the increasing volume of healthcare data. Leading companies are leveraging advanced technologies to optimize asset performance, ensure compliance, and enhance patient outcomes. Through 2035, innovation and strategic investments will continue to shape the competitive environment.
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