Blockchain Press Releases
US Healthcare Technology Management Market worth $17.3 billion | MarketsandMarkets
CHICAGO, Aug. 11, 2023 /PRNewswire/ — In the near future, the US healthcare technology management industry is poised for a transformative evolution driven by cutting-edge innovations. The convergence of artificial intelligence, telemedicine, data analytics, and interconnected medical devices will revolutionize patient care, operational efficiency, and decision-making processes. Advanced remote monitoring systems will enable real-time health tracking, leading to personalized treatment plans and early intervention. AI-driven diagnostic tools will enhance accuracy and speed of medical assessments, while virtual reality and augmented reality applications will revolutionize medical training and patient education. However, alongside these advancements, the industry will also grapple with challenges related to data security, regulatory compliance, and equitable access to technology-driven healthcare solutions.
US Healthcare Technology Management Market in terms of revenue was estimated to be worth $8.4 billion in 2023 and is poised to reach $17.3 billion by 2028, growing at a CAGR of 15.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. A growing emphasis on preventative maintenance of medical equipment and the need for better asset management in hospitals are two factors driving market growth. The advantages that ISOs provide and the growing demand for data security further support this market’s growth. The US Healthcare Technology Management Market is further segmented based on the type of services and by facility type.
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Browse in-depth TOC on “US Healthcare Technology Management Market”
25 – Tables
26 – Figures
110 – Pages
US Healthcare Technology Management Market Scope:
|
Report Coverage |
Details |
|
Market Revenue in 2023 |
$8.4 billion |
|
Estimated Value by 2028 |
$17.3 billion |
|
Growth Rate |
Poised to grow at a CAGR of 15.6% |
|
Market Size Available for |
2021–2028 |
|
Forecast Period |
2023–2028 |
|
Forecast Units |
Value (USD Billion) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
|
Segments Covered |
Type of Service and Facility type |
|
Geographies Covered |
US |
|
Report Highlights |
Updated financial information / product portfolio of players |
|
Key Market Opportunities |
Increasing consolidation in the US healthcare industry |
|
Key Market Drivers |
Rising focus on preventive medical equipment maintenance |
“The maintenance & repair segment accounted for the largest share of the market.”
Based on the type of service, the healthcare technology management market is segmented into maintenance & repair, integrated software platform, cyber security, labor management, capital planning, supply chain (procurement), and quality & regulatory compliance. The maintenance & repair segment accounted for the largest share of 35.9% of the US healthcare technology management market in 2022. Drive for better patient safety is impacting the growth of this, the increasing use of innovative medical supplies and technologies across a range of healthcare facilities, and government initiatives that support the use of imaging systems.
“Acute care facilities accounted for the largest share of the US healthcare technology management market in 2022.”
Based on facility types, the US healthcare technology management market is segmented into acute care, non-acute care, and post-acute care facilities. Acute care facilities are expected to grow at the highest CAGR during the forecast period. The significant market share and rapid growth of the acute care facilities segment can be largely attributed to elements like the general rise in patient volumes, the demand for better clinical asset management, and the need to raise patient care standards, all of which are driving up demand for healthcare technology management services.
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US Healthcare Technology Management Market Dynamics:
Drivers:
- Rising focus on preventive medical equipment maintenance
Restraints:
- Dearth Of Skilled Technicians and Clinical/Biomedical Engineers
Opportunities:
- Increasing consolidation in the US healthcare industry
Challenges:
- Preference for multi-vendor contracts
Key Market Players:
Prominent players 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).
Recent Developments:
- In 2023, RENOVO Solutions (US) partnered with Censinet (US). The partnership will work toward reducing the cybersecurity risk of medical devices and healthcare Internet-of-Things (IoT). Renovo will offer Censinet RiskOps, the cloud-based risk exchange that enables total automation of third-party risk management through RENOVOSecure.
- In 2022, Orale (US) launched Oracle Fusion Cloud Enterprise Performance Management (EPM) solution that allows healthcare organizations to quickly model scenarios, optimize resources, determine future demand, and make better financial, workforce, and patient care decisions.
- In 2022, Siemens Healthineers (Germany) launched Technology Optimization. Technology Optimization Partnerships are a strategic approach to multivendor service that leverages connected solutions to help hospitals and health systems make data-driven decisions, enhance financial performance, and improve equipment utilization across the enterprise.
- In 2021, Sodexo (France) launched a unique global brand, “Sodexo Live,” to unify and leverage all of the Group’s expertise across the world in sectors of sports events and hospitality.
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US Healthcare Technology Management Market Advantages:
- Enhanced Patient Care: Integration of advanced technologies improves diagnosis accuracy, treatment personalization, and real-time health monitoring, leading to better patient outcomes and overall healthcare quality.
- Operational Efficiency: Healthcare technology management solutions optimize processes, reducing administrative burdens, minimizing errors, and resulting in cost savings and resource allocation improvements.
- Data-Driven Decision Making: Emphasis on data analytics and interoperability enables evidence-based decisions for individual patients and population health management, enhancing the effectiveness of healthcare delivery.
- Innovation Ecosystem: Robust research and development environment fosters continuous advancements, ensuring the US remains a leader in healthcare innovation and technology adoption.
- Telemedicine Accessibility: Telemedicine and remote patient monitoring technologies improve access to healthcare services, especially for remote and underserved areas, promoting inclusivity and equitable healthcare delivery.
- Medical Training Advancements: Technology-driven medical training, such as virtual reality and augmented reality applications, enhances the skills and capabilities of healthcare professionals, leading to improved patient care.
- Efficient Resource Allocation: Automation and technology management tools assist in optimizing resource allocation, enabling healthcare providers to efficiently manage equipment, personnel, and facilities.
- Patient Engagement: Digital health solutions empower patients to take an active role in their health management through remote monitoring, mobile apps, and online health portals, leading to better engagement and adherence to treatment plans.
- Regulatory Compliance: Technology management systems help healthcare facilities maintain compliance with evolving regulations and standards, ensuring patient safety and data security.
- Continuous Improvement: Continuous monitoring and maintenance of medical devices and systems ensure their proper functioning, reducing downtime and ensuring a consistent level of patient care.
- Cost-Effectiveness: Well-managed healthcare technology reduces unnecessary expenditures by identifying maintenance needs and preventing equipment breakdowns, contributing to cost-effectiveness.
- Interconnectivity: Integration of medical devices and systems allows for seamless data sharing, enabling a comprehensive view of patient health and enabling healthcare professionals to make informed decisions.
- Precision Medicine: Healthcare technology supports the implementation of precision medicine approaches, tailoring treatments to individual patients based on their genetic, environmental, and lifestyle factors.
- Evolving Patient-Provider Relationship: Technology-driven communication tools enable secure and efficient patient-provider interactions, improving communication and strengthening the patient-provider relationship.
- Global Competitiveness: Advancements in healthcare technology management bolster the global competitiveness of the US healthcare system, attracting international collaborations and investments.
These advantages collectively contribute to the growth, effectiveness, and sustainability of the US Healthcare Technology Management market.
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Ultrasound Market – Global Forecasts to 2028
Endoscopy Equipment Market – Global Forecasts to 2027
Medical Equipment Maintenance Market – Global Forecasts to 2026
European Medical Equipment Maintenance Market – Global Forecasts to 2026
Diagnostic Imaging Market – Global Forecasts to 2026
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A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
Blockchain
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
Johann Polecsak argues that existing blockchains face significant challenges in adopting post-quantum cryptography without causing substantial disruption to users. This assessment highlights the complex and multifaceted nature of transitioning to new cryptographic standards in blockchain networks.
Post-quantum cryptography refers to cryptographic algorithms that are resistant to attacks from quantum computers, which have the potential to break traditional cryptographic schemes. While post-quantum cryptography offers enhanced security, implementing it in existing blockchain networks poses technical, operational, and usability challenges.
Polecsak suggests that transitioning to post-quantum cryptography could require significant changes to blockchain protocols, consensus mechanisms, and user interfaces. These changes may disrupt existing workflows, require modifications to software and hardware infrastructure, and necessitate coordination among network participants.
Furthermore, Polecsak emphasizes the importance of ensuring backward compatibility and interoperability during the transition to post-quantum cryptography. This is crucial to prevent fragmentation of the blockchain ecosystem and maintain continuity for users and applications.
Polecsak’s assessment underscores the complexities and trade-offs involved in adopting post-quantum cryptography in existing blockchain networks. While the transition promises improved security against quantum threats, it requires careful planning, coordination, and investment to minimize disruption and ensure a smooth transition for users and stakeholders. As the field of post-quantum cryptography continues to evolve, blockchain projects will need to carefully evaluate their options and strategies for implementing these new cryptographic standards.
Source: news.bitcoin.com
The post Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak appeared first on HIPTHER Alerts.
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