Healthcare Technology Management Market
Global Healthcare Technology Management Market Size, Share & Trends Analysis Report by Technology Type (Artificial Intelligence, Cloud, Blockchain, Internet of Things, Machine Learning, and Other), By Application (Electronic Health Records, Electronic Prescribing Systems, Tele-Healthcare, Medical Billing Software, Others), and by End-User (Healthcare Providers and Healthcare Payers), Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global healthcare technology management market is anticipated to grow at a significant CAGR of 28.3% during the forecast period. Healthcare technology management (HTM) is the field responsible for managing the selection, maintenance, and safe use of all health technology and medical equipment found in healthcare. The growing trend of digitalization and home-based services/care in healthcare and the demand for preventive healthcare is significantly growing the healthcare technology management market across the globe.
Impact of COVID-19 Pandemic on Global Healthcare Technology Management Market
The COVID-19 pandemic has disrupted almost every industry by limiting transportation options and travel restrictions which created a little hurdle for movement. The global healthcare technology management market was also little impacted due to this, there was a disruption in healthcare technology management systems, and the facilities underwent structural changes and had to prioritize procedures due to the pandemic, keeping on hold many other treatments. Though the pandemic had less impact on the healthcare industry, furthermore, Hospitals innovate and research new solutions to tackle the pandemic. Hence, patients and doctors rapidly adopted telemedicine and telehealth solutions so that the need for physical visits could be brought down.
Segmental Outlook
The global healthcare technology management market is segmented based on the technology type, application, and end-user. Based on the technology type, the market is segmented into artificial intelligence (AI), cloud, blockchain, Internet of Things (IoT), machine learning (ML), and Others (Algorithms, Data Analytics, big data). Based on the application, the market is sub-segmented into electronic health records (EHR), electronic prescribing systems (EPS), telehealthcare, medical billing software, and others (urgent care). Based on end-user the market is segmented into healthcare providers and healthcare payers.
Global Healthcare Technology Management Market Share by Application, 2021 (%)
The Telehealthcare Segment is Expected to Hold a Significant Share in the Global healthcare technology management Market during the Forecast Period.
Based on the application, the telehealthcare segment is anticipated to hold a significant share in the global healthcare technology management market. Owing to various advantages such as better comfort and convenience, reduced strain on the healthcare system, and time savings will boost the telehealthcare segment. Furthermore, the increasing number of smartphones and improved connectivity are other factors that have propelled the growth of the telehealthcare segment. The COVID-19 pandemic has also contributed significantly to the growth of the market, as the massive population was required to shift to telehealthcare or teleconsultation as it saves time. With the availability of the internet to people, they can easily get a consultation from telehealthcare services. This in turn boosts the telehealthcare segment.
Regional Outlooks
The global healthcare technology management market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). North America is anticipated to drive the healthcare technology market across the globe. The increased healthcare IT spending along with the presence of key market players are major factors that are contributing to the growth of the market. According to American Medical Association (AMA), health spending in the U.S. increased by 4.6% in 2019 to $3.8 trillion.
Global Healthcare Technology Management Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Considerable Share in the Global Healthcare Technology Management Market
The Asia-Pacific is expected to account for a considerable share of the global healthcare technology management market. Owing to the growing population, the burden on hospitals has increased the demand and growth of healthcare technology management systems and solutions across the region. As these management solutions such as EHR, EPS, and others offer easy management of patient records, are able to store and retrieve data, and improve coordination between the healthcare professionals and patients. Countries like China, and India have huge populations and the number of patients in these countries is also increasing which need proper healthcare services, so these healthcare technology management systems can contribute to the growth of the market. According to World Bank India’s Population, in 2020, was 1.38 billion which is further estimated to grow in the coming years. To maintain a huge amount of patient data various advanced technology devices such as EHR and others are used, which is driving the market growth in the region.
Market Players Outlook
The major companies serving the global healthcare technology management market include Philips International B.V., Agfa Group, Hewlett Packard Enterprise Co., Carestream Health, Inc., General Electric Co., E-MDS, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2022, Cerner Corp., Elligo Health Research, and Freenome will work together to allow a clinical trial through the Learning Health Network to detect the different types of cancer early so that it can be cured. This will also assist in increasing the survival rates and provides better precaution.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global healthcare technology management market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Healthcare Technology Management Market
• Recovery Scenario of Global Healthcare Technology Management Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Agfa Group
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Carestream Health, Inc.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. General Electric Co.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Hewlett Packard Enterprise Co.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Philips International B.V.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Healthcare Technology Management Market by Technology Type
4.1.1. Artificial intelligence (AI)
4.1.2. Cloud
4.1.3. Blockchain
4.1.4. Internet of Things (IoT)
4.1.5. Machine learning (ML)
4.1.6. Others (Algorithms, Data Analytics, Big Data)
4.2. Global Healthcare Technology Management Market by Application
4.2.1. Electronic Health Records (EHR)
4.2.2. Electronic Prescribing Systems (EPS)
4.2.3. Telehealthcare
4.2.4. Medical Billing Software
4.2.5. Others (Urgent Care)
4.3. Global Healthcare Technology Management Market by End-User
4.3.1. Healthcare Providers
4.3.2. Healthcare Payers
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Allscripts
6.2. Athenahealth, Inc.
6.3. CareFusion Corp.
6.4. CERNER Corp.
6.5. Dell
6.6. eClinicalWorks, LLC
6.7. Epic Systems Corp.
6.8. McKesson Co.
1. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY ARTIFICIAL INTELLIGENCE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY CLOUD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY BLOCKCHAIN MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY INTERNET OF THINGS (IOT) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY MACHINE LEARNING (ML) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
9. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT IN ELECTRONIC HEALTH RECORDS (EHR) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT IN ELECTRONIC PRESCRIBING SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT IN TELE-HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT IN TELE-HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT IN MEDICAL BILLING SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT IN OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
16. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT FOR HEALTHCARE PROVIDERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT FOR HEALTHCARE PAYERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2021-2028 ($ MILLION)
21. NORTH AMERICAN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. NORTH AMERICAN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
23. EUROPEAN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. EUROPEAN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2021-2028 ($ MILLION)
25. EUROPEAN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. EUROPEAN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
31. REST OF THE WORLD HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
32. REST OF THE WORLD HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2021-2028 ($ MILLION)
33. REST OF THE WORLD HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
34. REST OF THE WORLD HEALTHCARE TECHNOLOGY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET, 2021-2028 (%)
4. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY ARTIFICIAL INTELLIGENCE MARKET SHARE BY TECHNOLOGY TYPE, 2021 VS 2028 (%)
5. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY CLOUD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY BLOCKCHAIN MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL 0 HEALTHCARE TECHNOLOGY MANAGEMENT BY INTERNET OF THINGS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY MACHINE LEARNING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT BY OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
11. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT FOR ELECTRONIC HEALTH RECORDS (EHR) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT FOR ELECTRONIC PRESCRIBING SYSTEMS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT FOR TELE-HEALTHCARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT FOR MEDICAL BILLING SOFTWARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SHARE BY END-USER, 2021 VS 2028 (%)
17. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT FOR HEALTHCARE PROVIDERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. GLOBAL 5 HEALTHCARE TECHNOLOGY MANAGEMENT FOR HEALTHCARE PAYERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. US HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
21. CANADA HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
22. UK HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
23. FRANCE HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
24. GERMANY HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
25. ITALY HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
26. SPAIN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF EUROPE HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
28. INDIA HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
29. CHINA HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
30. JAPAN HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
31. SOUTH KOREA HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF ASIA-PACIFIC HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
33. REST OF THE WORLD HEALTHCARE TECHNOLOGY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
