PUBLISHER: Grand View Research | PRODUCT CODE: 1842079
PUBLISHER: Grand View Research | PRODUCT CODE: 1842079
The global healthcare technology management market size was estimated at USD 5.23 billion in 2024 and is projected to reach USD 14.97 billion by 2033, growing at a CAGR of 12.6% from 2025 to 2033. Industry growth is driven by rising adoption of healthcare IT infrastructure, growing use of AI and predictive analytics, expansion of cloud-based solutions, and increasing deployment of IoT sensors and edge devices for real-time monitoring
The rapid expansion of healthcare IT infrastructure is fueling the growth of the healthcare technology management industry, as hospitals, clinics, and public health systems seek solutions to manage the rising complexity of connected medical devices, evolving regulatory frameworks, and the industry-wide transition toward patient-centric digital care models.
The rising integration of connected medical devices such as patient monitoring systems, infusion pumps, ventilators, and diagnostic imaging systems has made equipment management increasingly complex. Each device generates valuable performance and patient data, requiring structured management to ensure interoperability, uptime and cybersecurity. This uptick in connected devices drives hospitals to adopt healthcare technology management (HTM) platforms for centralized monitoring and optimized performance.
Moreover, as healthcare systems transition from volume-based reimbursement to value-based care models, software/device uptime and reliability directly impact patient outcomes. Technology management solutions help providers maximize device utilization, reduce unnecessary capital expenditure on replacements, and align with advanced technology such as AI.
Furthermore, strengthening healthcare IT infrastructure with advanced technologies such as artificial intelligence (AI) is becoming a crucial driver for the expansion of HTM solutions. AI-driven computerized maintenance management system (CMMS) platforms are helping hospitals and health systems improve asset reliability, compliance, and patient safety results. According to an article published by Oxmaint Inc. in September 2025, hospitals using AI in healthcare operations saw:
These gains illustrate how AI-enabled infrastructure directly supports healthcare technology management functions such as predictive maintenance, regulatory reporting, and asset lifecycle management. As healthcare organizations continue to modernize IT systems with AI, IoT, and cloud-based platforms, the demand for integrated HTM solutions to handle connected devices, interoperability, and compliance will only grow.
Global Healthcare Technology Management Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global healthcare technology management market report based on technology stack, deployment mode, functionality, end-use, and region.