Medical Equipment Maintenance Market Size, Share, Trends, Massive Growth & is Expected to Reach USD 37,385.43 Million & Grow at 8.9% CAGR Forecast by 2028


SAN FRANCISCO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Medical Equipment Maintenance Market Research Report gives insightful analysis of the market along with its comprehensive understanding and its commercial landscape. The report offers market share appraisals for regional and global levels. It gives detailed overview of the parent market. The report contains information about key drivers, restraints, opportunities, and their impact analysis on the market size. Medical Equipment Maintenance Market study provides an in-depth analysis of the global order management software market and current & future trends to elucidate imminent investment pockets. It analyses and forecasts Psychedelic Drugs Market on the basis of type, function and application.

Medical Equipment Maintenance Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 8.9% in the forecast period of 2021 to 2028 and expected to reach USD 37,385.43 million by 2028.

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According to Data Bridge Market Research, the market for global medical equipment maintenance in North America has the highest market share followed by Asia-Pacific and Europe. Market leader is Siemens Healthcare GmbH accounts an estimated market share of approximately 10.41% in the global market. The company has gained outstanding sale by providing medical equipment maintenance services and entering partnerships which strengthens its product portfolio.

Medical Equipment Maintenance involves activities which relates to providing adequate level of service in order to maintain the medical equipment. The main objective in doing so is to reduce the down time of medical devices in the facility, this can lead to optimum productivity, saves cost and provide better healthcare services to its consumers. There are two types of medical equipment maintenance techniques which are quite popular and it is categorized as preventive maintenance and corrective maintenance. Preventive maintenance is a method of service in which it proactively initiates tasks of maintenance plans to prevent equipment failures from occurring. It also predicts the failure of equipment, thereby it is also called predictive maintenance. The main objective of preventive maintenance is to minimize the consequence of failure or determining the risk of the failure. It is an established procedure or routine of periodically inspecting equipment, noticing small issues and fixing them before become a major problem. On the other hand, Corrective maintenance is done after the failure has occurred. This is done on an immediate basis in order to reduce the downtime of the equipment.

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Key Market Competitors Covered in Medical Equipment Maintenance Market Report:

  • Siemens Healthcare GmbH
  • General Electric Company
  • Cook Medical LLC
  • B.Braun Melsungen AG
  • Cardinal Health
  • Koninklijke Philips N.V.
  • Drägerwerk AG & Co. KGaA
  • Stryker
  • Boston Scientific Corporation
  • Hitachi, Ltd.
  • Agfa-Gevaert Group
  • Agiliti Health, Inc.
  • Alpha Source, Inc.
  • Aramark
  • Atlantis Worldwide
  • CANON MEDICAL SYSTEMS CORPORATION
  • Carestream Health
  • ERD
  • FUJIFILM Europe GmbH
  • Hoya Corporation
  • InterMed Group, Inc.
  • KARL STORZ
  • Medtronic
  • Olympus Corporation
  • Richard Wolf GmBH
  • SAMSUNGHEALTHCARE.COM
  • Shimadzu Corporation
  • Smith-Nephew
  • Terumo Corporation
  • Zimmer Biomet

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Global Medical Equipment Maintenance Market Scope and Market Size

  • Medical equipment maintenance market is segmented on the basis of service type, service providers, device type, level of maintenance and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
  • On the basis of service type the Global Medical Equipment Maintenance Market has been segmented into preventive, corrective, performance/operational. In 2021, the preventive held a larger share in the market as the medical equipment maintenance needs preventive maintenance for operational optimization.
  • On the basis of service providers, the global medical equipment maintenance market has been segmented into in-house service providers, external service providers. In 2021, in-house service providers have the largest market share as in-house service providers are highly technical which are available for instant repairs and maintenance.
  • On the basis of device type, the global medical equipment maintenance market has been segmented into imaging equipment, endoscopic devices, electro medical equipment, surgical instruments, and other medical equipment. In 2021, imaging equipment held a larger share in the market, as they are commonly used equipment for imaging body fractures, infections, arthritis and many more.
  • On the basis of level of maintenance, the global medical equipment maintenance market has been segmented into level 3, specialized, level 2, technician, level 1, user (or first-line). In 2021, level 3, specialized held the largest share in the market level 3 maintenance levels will generate more revenue than any other maintenance level.
  • On the basis of end user, the global medical equipment maintenance market has been segmented into hospitals, clinics, laboratory, and other health care centre. In 2021, hospitals held a larger share in the market as the hospital need to be well equipped with the medical equipment for the treatment of the patients.

Table of Content:

1 Introduction

2 Market Segmentation

3 Executive Summary

4 Premium Insights

5 Regulatory Scenario

6 Covid-19 Impact On Global Medical Equipment Maintenance Market

7 Global Medical Equipment Maintenance Market, By Service Type

8 Global Medical Equipment Maintenance Market, By Service Providers

9 Global Medical Equipment Maintenance Market, By Device Type

10 Global Medical Equipment Maintenance Market, By Level of Maintenance

11 Global Medical Equipment Maintenance Market, By End User

13 Global Medical Equipment Maintenance Market: Company Landscape

14 SWOT Analysis

15 Company Profile

16 Questionnaire

17 Related Reports

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List of Figures:

Figure 1 Global Medical Equipment Maintenance Market: Segmentation

Figure 2 Global Medical Equipment Maintenance Market: Data Triangulation

Figure 3 Global Medical Equipment Maintenance Market: Droc Analysis

Figure 4 Global Medical Equipment Maintenance Market: Global Vs Regional Market Analysis

Figure 5 Global Medical Equipment Maintenance Market: Company Research Analysis

Figure 6 Global Medical Equipment Maintenance Market: Interview Demographics

Figure 7 Global Medical Equipment Maintenance Market: DBMR Market Position Grid

Figure 8 Global Medical Equipment Maintenance Market: Vendor Share Analysis

Figure 9 Global Medical Equipment Maintenance market: Segmentation

Figure 10 North America Is Expected to Dominate and Asia-Pacific Is the Fastest Growing Region in The Global Medical Equipment Maintenance Market in The Forecast Period Of 2021 To 2028

Continued...

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Competitive Landscape and Medical equipment maintenance Market Share Analysis

Medical equipment maintenance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to medical equipment maintenance market.  

Medical Equipment Maintenance Market Scenario

According to Data Bridge Market Research, the market for global medical equipment maintenance in North America has the highest market share followed by Asia-Pacific and Europe. Market leader is Siemens Healthcare GmbH accounts an estimated market shares of approximately 10.41% in the global market. The company has gained outstanding sale by providing medical equipment maintenance services and entering partnerships which strengthens its product portfolio.

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For instance,

  • In 2021, Siemens Healthcare GmbH entered into a long term partnership with HERE Technologies. The key feature of this partnership was to enhance supply chain visibility of time-critical, high-value medical equipment. Moreover, this partnership focused on to improve end-to-end locating service parts and to locate high-value medical equipment service parts. With this partnership both the companies focused to enhance and improve availability of the medical equipment service parts for the consumer.
  • In 2021, B.Braun Melsungen AG, showed promising business profit that laid firm ground for its growth in the next years. The COVID-19 pandemic affected the market positively due to increased demands of infusion pumps and hygiene product needs. The group recorded a profit of 7471.3 million euros, in the fiscal year of 2020. This in result has enhanced the overall company’s sales.

Key Offerings: Medical Equipment Maintenance Market

  • Medical Equipment Maintenance Market Size & Forecast by Revenue | 2021−2028
  • Medical Equipment Maintenance Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
  • Medical Equipment Maintenance Market Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geography
  • Competitive Landscape – Top key vendors and other prominent vendors

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