Health and Social Care Technology Market Report 2026

The health and social care technology market size has grown strongly in recent years. It will grow from $0.26 billion in 2025 to $0.29 billion in 2026 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to paper based patient records, limited remote care adoption, fragmented healthcare data systems, manual appointment and care coordination processes, low penetration of digital health devices.

The health and social care technology market size is expected to see strong growth in the next few years. It will grow to $0.41 billion by 2030 at a compound annual growth rate (CAGR) of 9%. The growth in the forecast period can be attributed to electronic health records expansion, rising demand for remote patient monitoring, increasing adoption of telemedicine platforms, growth in connected wearable health devices, expansion of AI assisted clinical decision support systems. Major trends in the forecast period include sustainability driven green healthcare operations and low carbon hospital infrastructure, interoperability and standardized health data exchange frameworks, value based care models with outcome driven reimbursement systems, decentralized care delivery through community based and hybrid care networks, digital workforce enablement and virtual clinical training platforms.

The growth of telemedicine and remote patient monitoring is anticipated to drive the expansion of the health and social care technology market in the coming years. Telemedicine and remote patient monitoring refer to the use of digital communication technologies and connected medical devices to deliver clinical care, consultations, and continuous patient health tracking outside traditional healthcare facilities. The growth of telemedicine and remote patient monitoring is primarily driven by the rising demand for accessible, cost-effective healthcare delivery that enables patients to receive timely medical consultation and continuous health monitoring outside traditional clinical settings. Health and social care technology supports telemedicine and remote patient monitoring by enabling virtual consultations, real-time health data tracking, and continuous care delivery beyond traditional clinical environments. For example, in August 2025, according to the U.S. Department of Health & Human Services, a US-based executive branch department, in 2024, Medicare spending on remote patient monitoring exceeded US$536 million, reflecting a 31% increase compared to 2023, while nearly 1 million beneficiaries utilized RPM services, representing a 27% year-over-year increase, and approximately 4,600 medical practices regularly billed for RPM services. Therefore, the growth of telemedicine and remote patient monitoring is fueling the expansion of the health and social care technology market.

Key companies operating in the health and social care technology market are focusing on developing technological advancements in artificial intelligence-driven diagnostics and decision support systems, such as AI-powered clinical decision support platforms and intelligent care navigation tools to improve accuracy, efficiency, and personalization in healthcare delivery. AI-powered clinical decision support platforms and intelligent care navigation tools refer to advanced AI-enabled healthcare technologies that analyze patient data, medical history, and clinical inputs to assist providers in diagnosis, treatment planning, and care coordination while enhancing real-time decision-making and patient outcomes. For example, in December 2025, Included Health, a US-based digital healthcare company, launched Dot, an AI health assistant. The platform integrates AI-driven care navigation with clinician-in-the-loop oversight to deliver personalized healthcare guidance using medical records, claims, and benefits data. It enables automated appointment scheduling, care coordination, and preventive health support while ensuring clinical accuracy through human expert validation, improving accessibility, efficiency, and continuity of care across physical, behavioral, and administrative health services.

In July 2025, myneva Group, a Germany-based social care software company, acquired Kuidado GmbH for an undisclosed amount. With this acquisition, Myneva Group seeks to strengthen its digital social care ecosystem by enhancing AI-driven care intake, CRM capabilities, and workflow automation to improve efficiency, integration, and service quality across elderly care and social welfare systems. Kuidado GmbH is a Germany-based healthcare technology company specializing in AI-powered CRM solutions for care admission and social care process management.

Major companies operating in the health and social care technology market are Oracle Corporation, Abbott Laboratories, Medtronic plc, Koninklijke Philips N.V., GE HealthCare Technologies Inc., ResMed Inc., DexCom Inc., Teladoc Health Inc., Oura Health Oy, iRhythm Technologies Inc., Huma Therapeutics Limited, HealthSnap Inc., Cala Health Inc., Sibel Health Inc., Health Recovery Solutions Inc., Lark Technologies Inc., Validic Inc., Innowise Group, BioIntelliSense Inc., Vitalist Inc., Biobeat Technologies Ltd., Videra Health Inc., CoachCare Inc.

North America was the largest region in the health and social care technology market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the health and social care technology market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the health and social care technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The health and social care technology market consists of revenues earned by entities by providing services such as predictive analytics and risk stratification, clinical decision support systems, health data interoperability solutions, care coordination, and workflow automation. The market value includes the value of related goods sold by the service provider or included within the service offering. The health and social care technology market also includes sales of wearable devices, remote monitoring equipment, and smart care IoT devices. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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