AGP Picks
View all

Healthcare technology management market seen topping $51B by 2030

8 hours ago
By AI, Created 14:45 UTC, Oct 08, 2026, AGP -

The healthcare technology management market is projected to exceed $51 billion by 2030, according to The Business Research Company, as hospitals and providers invest in asset tracking, predictive maintenance and compliance tools. GE HealthCare leads the sector in 2025 with a 4% share, while Asia-Pacific is forecast to be the fastest-growing major region.

Why it matters: - Healthcare systems are spending more on tools that keep medical equipment running, compliant and safe. - The market’s growth reflects rising demand for connected devices, digital asset management and predictive maintenance. - The sector’s expansion could reshape how hospitals manage equipment uptime, patient safety and lifecycle costs.

What happened: - The Business Research Company said the healthcare technology management market is projected to surpass $51 billion by 2030. - The market is forecast to grow at a 16% compound annual growth rate from now through 2030. - GE HealthCare is the 2025 market leader with a 4% share. - The report was released as part of The Business Research Company’s 2026 market research series.

The details: - The market makes up about 39% of the broader payer services market, which is expected to reach about $131 billion by 2030. - Within the wider healthcare services industry, the market represents close to 0.5% of a projected $11,335 billion total by 2030. - Asia-Pacific is expected to be the largest regional market by 2030 at $15 billion, up from $7 billion in 2025, for an 18% CAGR. - The United States is projected to grow from $6 billion in 2025 to $13 billion in 2030, a 14% CAGR. - Maintenance and repair is forecast to be the largest segment in 2030 at 31% of the market, or $16 billion. - The market also includes capital planning, integrated software platforms, labor management, supply chain procurement, cybersecurity, and quality and regulatory compliance. - The report says the seven segments together could add more than $27 billion in value by 2030. - GE HealthCare’s service solutions division covers medical equipment lifecycle management, predictive maintenance, asset tracking, cybersecurity, equipment performance improvement and clinical engineering services. - Siemens Healthineers AG also holds a 4% share in 2025. - Koninklijke Philips N.V. and Medtronic plc each hold 2% shares, while Agiliti Inc., Stryker Corporation, Becton, Dickinson and Co., TRIMEDX Holdings LLC, Canon Group and FUJIFILM Holdings Corporation each hold 1%. - The top 10 companies together account for 17% of total revenues in 2025, showing a fragmented market.

Between the lines: - Hospitals are pushing toward centralized asset management because they want higher equipment uptime, lower lifecycle costs and better regulatory compliance. - The spread of connected devices, electronic health records, cloud computing, IoT and AI systems is raising the need for interoperability and better device administration. - The report frames preventive maintenance and predictive servicing as a key way to reduce failures and keep critical equipment available. - AI is becoming a practical differentiator rather than a marketing theme, especially in service coordination and work-order automation. - Intelas introduced TeamCHAMPS in January 2026 as an AI-powered mobile platform for medical equipment service management, with barcode scanning, AI-recommended repair actions and automated work-order generation. - Entry barriers remain moderate because of healthcare regulations, device standards, cybersecurity requirements and integration complexity.

What’s next: - Market growth is expected to continue as providers invest in digital lifecycle planning, compliance automation and analytics. - Companies are likely to compete more on strategic partnerships, technology upgrades and geographic expansion. - Asia-Pacific’s rapid growth suggests more spending on connected medical devices and modernized healthcare infrastructure. - The report’s 2026 edition adds market attractiveness scoring, TAM analysis, company scoring tables, Excel dashboards and future-trend analysis.

The bottom line: - Healthcare technology management is moving from a back-office support function to a core operational priority for providers trying to improve safety, uptime and efficiency.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

Sign up for:

Health Industry Watch

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

Share this page:

Advanced Search Options

Search for:

Search scope:

Type:

Search in:

Date range:

The last

Sort by:

Sign up for:

Health Industry Watch

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.