GE Healthcare (US) and Siemens Healthineers (Germany) are leading players in Healthcare Technology Management Market
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.
The prominent players operating 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). Players in this market focused on services and solution launches, partnerships, collaborations, acquisitions, and to expand their market presence between January 2019 and December 2021.
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GE Healthcare (US) held the leading position in the US healthcare technology management market in 2020. The company’s service portfolio includes a wide range of medical equipment services or healthcare technology management services through which it caters to the demand of various end users, including hospitals, ambulatory surgical centers, dialysis centers, and dental clinics, among other end-user facilities. The company also offers multi-vendor services associated with diagnostic imaging systems. To ensure its future growth, the company adopted strategies such as partnerships, agreements, and acquisitions to strengthen its service portfolio and customer base and expand its presence across the region.
Siemens Healthineers (Germany) held the second position in the US healthcare technology management market in 2020 due to its significant presence in the medical imaging, laboratory diagnostics, medical information technology, and hearing aid sectors. The company offers equipment optimization & maintenance services for medical equipment. These services include ownership, provision, purchase, installation, commissioning, user training, asset management, maintenance, and ongoing replacement. Additionally, the company provides enterprise service solutions for non-Siemens equipment, which enables it to enhance its multi-vendor service offerings. The company focuses on putting maximum efforts into its selected growth fields and prioritizes businesses for resource allocation. Siemens Healthineers also focuses on strengthening its business through partnerships and agreements.
Related Reports:
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
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