Global Medical Equipment Maintenance Market Overview
Global Medical Equipment Maintenance Market was valued at USD 34.23 Billion in 2021 and is expected to reach USD 62.57 Billion by the year 2028, at a CAGR of 9%.
To ensure better care of patients and to maintain the efficiency of medical equipment involved in diagnosing and treating illness and diseases, are the main factors that consolidate the importance of medical equipment importance. Moreover, recently there has been an unprecedented rise in the number of patients suffering from diabetes, cardiovascular diseases, blood pressure, lupus, and many other diseases which in some instances, require hospitalization or treating the cause with medical equipment available. Most types of medical equipment are sophisticated and require skilled and professional staff to maintain their condition. Health technologies are essential for the proper functioning of the health system. This is the main reason for the maintenance of medical equipment. Therefore, these factors are promoting the rapid exponential growth of the medical equipment maintenance market. Lack of proper maintenance of medical equipment can reduce the performance of medical equipment and can increase the expenditure costs on maintenance. Healthcare equipment is expensive and slight negligence can disrupt functioning which makes the maintenance process a necessity. Calibration of medical equipment’s is a vital task that eliminates the occurrence of an error in the device and thus helps the user to correctly monitor, diagnose, or treat the patient.
COVID-19 Impact on Medical Equipment Maintenance Market
The COVID-19 outbreak has significantly increased the demand for Medical Equipment Maintenance globally. Moreover, COVID-19 disease has instigated governments to increase funding to maintain the cleanliness and effective functionality of all the medical equipment. COVID-19 has spurred the demand for the maintenance of medical equipment due to the tremendous load on healthcare devices. Moreover, COVID-19 is an infectious viral disease of the upper respiratory tract hence it increased the utilization of scanning devices such as MRI, HR CT scans, and X-rays to detect the presence and the degree to which it is spread. Furthermore, several government-imposed bans on transportation and the number of workers involved in the manufacturing of medical equipment caused a small yet considerable impact on the production, supply chain, and logistics of medical equipment. The Medical Equipment Maintenance Market is expected to accelerate its growth owing to the devices used in the treatment of COVID-19 disease.
Market Dynamics And Key Factors In Medical Equipment Maintenance Market
Drivers:
The growing elderly population and the risk associated with the growing age of developing a chronic or life-threatening disease is one of the main factors driving the medical equipment maintenance market growth. Providing healthcare services through diagnostic and treatment services has become a fundamental part of the health sector. Furthermore, medical equipment is an asset that directly enhances the quality of life for many individuals. Additionally, medical equipment requires scheduled as well as unscheduled maintenance to enhance its functioning and increase the device's lifetime. Moreover, healthcare technology management and maintenance are an important part to run the medical facility effectively and safely. Patients getting treated in decent diagnostic facilities expect high-standard services. This promotes hospitals and clinics to purchase sophisticated and costly medical equipment for surgeries, treating, and diagnosing purposes. The growing purchase of costly medical equipment has made maintenance of medical equipment inevitable. The rapid growth in the technological advancements in medical equipment and the growing need for continuous training of operators is stimulating the market growth. The rising awareness regarding beneficial effects of preventive maintenance of medical equipment, and the increase in the sales of refurbished medical equipment are some factors contributing to the growth of the Medical Equipment Maintenance market.
Restraints:
The delay in the maintenance caused due to OEMs and other service providers is a major issue restraining the growth of the Medical Equipment Maintenance Market. The unavailability of original spare parts and the rise in usage of duplicate spare parts are affecting the lifespan of the medical device. The cost involved in training and continuous education of operators is very high. Moreover, the short maintenance period of certain medical devices puts a strain on the finance of the medical facilities. The initial cost involved in the installation of advanced medical equipment is very high. With the installation of these high-tech equipment comes significant maintenance expenditure. Furthermore, medical equipment manufacturers provide contract services which are charged yearly. In certain instances, the cost spent on the maintenance of the medical equipment is much higher than the initial cost of the device, which significantly restrains the end-users such as hospitals, and diagnosis centers from incorporating these medical devices.
Opportunities:
The rise in the number of individuals suffering from cancer, diabetes, cardiovascular, and chronic kidney diseases are putting a strain on the available healthcare devices. This growing number increases the necessity for the maintenance of medical equipment to ensure its proper functioning. The spread of COVID-19 has escalated the need for the maintenance of medical equipment. Same medical devices are used for the diagnosing of several hundred patients which puts a high workload on the device and can have diminishing effects on the efficiency of medical equipment. The growing health concern among individuals and the rise in the regular visits to hospitals and other medical facilities is further promoting the requirement of medical equipment maintenance.
Challenges:
Reducing the cost involved in the maintenance of medical equipment is the main challenge for the market players involved in medical equipment maintenance. The growing competition due to the increasing numbers of vendors in this market and the lucrative offers provided by different service providers are some challenges faced by market players. To provide long-term service and to manufacture original spare parts of certain medical devices for a long period is a vital challenge faced by market players.
Market Segmentation
Segmentation Analysis of Medical Equipment Maintenance Market:
Depending on Service Type, preventive maintenance is forecasted to have the highest share of the Medical Equipment Maintenance Market. In the healthcare sector, preventive maintenance plays an important role in elevating patient care and safety. When equipment is regularly inspected and maintained, potential issues can be detected before they pose a threat, and this can help in preventing devices from either malfunctioning or failing. Moreover, preventive maintenance is cost-effective as compared to the other solutions and can thus relieve the financial stress on healthcare providers. It further reduces the downtime of the equipment, increases the device life and fewer interruptions occur during critical operations, thus promoting the growth of this segment.
Depending on Service Provider, the Original Equipment Manufacturer (OEMs) segment is anticipated to dominate the Medical Equipment Maintenance market throughout the forecast. The wide range of services provided by the OEMs and lucrative extended warranty offered on certain medical devices is stimulating the growth of this segment. Furthermore, some vital factors such as well-established and professionally deployed service centers put OEMs in a leading position. The multi-vendor OEMs are expected to register the highest growth rate in the forecast period owing to the cost of maintenance and the wide range of services provided by them.
Depending on Device Type, the diagnostic imaging equipment is predicted to lead the Medical Equipment Maintenance Market throughout the forecast. The tremendous rise in the usage of medical imaging equipment to precisely determine the root cause of certain diseases is promoting the growth of this segment. The pandemic has further fueled the usage of imaging devices to determine the level at which the virus has spread in the lungs. Moreover, imaging devices have proven a boon to orthopedic doctors. With this device they can understand the abnormality in bones, which previously was hard to determine, thus stimulating the growth of this segment.
Depending on End-Users, the Hospital segment is expected to dominate the Medical Equipment Maintenance Market in the forecast period. The rise in the number of patients visiting hospitals for medical checkups and other treatments is encouraging the growth of this segment. Moreover, patients feel more comfortable when they are getting proper treatment in one place. The demand for advanced technological therapies is instigating Hospitals to install state-of-the-art medical devices thus, supporting the growth of this segment.
Regional Analysis of Medical Equipment Maintenance Market:
North America region is anticipated to dominate the Medical Equipment Maintenance Market in the period of forecast. The growing adoption of advanced medical facilities for treating and diagnosing individuals is the main factor driving the growth of the Medical Equipment Maintenance Market in this region. Countries such as the United States of America spend approximately 17.1% of their total GDP on healthcare expenditure, according to a report published in EMERGO. The well-developed and established healthcare infrastructure in countries such as The United States, Canada, and Mexico is further supporting the expansion of the market in the North American region.
Followed by North America, the Asia-Pacific region is forecasted to have the second-highest share of the Medical Equipment Maintenance Market during the forecast period. India and China are the two most populated countries in this region with the growing number of elderly populations. Countries such as China, and Japan have spent 6.57% and 10.95 % of their GDPs respectively for the healthcare segment. This huge amount allotted for healthcare is promoting the growth of the medical equipment maintenance market in this region.
Europe region is expected to have a significant growth rate throughout the forecast period. The factors responsible for the growth of the Medical Equipment Maintenance Market in this region are the increasing number of chronic disorders and the rising demand for medical devices. High adoption of advanced technology, a well-deployed healthcare sector, and an increase in government initiatives to provide common people access to quality healthcare are some vital factors strengthening the expansion of the Medical Equipment Maintenance Market in this region.
Middle-East, Africa, and South America regions are predicted to have a positive development rate owing to the rise in fundings by local governments and philanthropists.
Players Covered in Medical Equipment Maintenance market are :
- Agenor Mantenimientos (Spain)
- Agfa-Gevaert NV (Belgium)
- Althea Group (Italy)
- B. Braun Melsungen AG (Germany)
- BCAS Biomedical Services Ltd. (UK)
- Canon Medical Systems Corporation (Japan)
- Dragerwerk AG & Co. KGaA (Germany)
- GE Healthcare (US)
- Hitachi Medical Corporation (Japan)
- Koninklijke Philips NV (Netherlands)
- Medtronic PLC (Ireland)
- Olympus Corporation (Japan)
- Siemens Healthineers (Germany)
- FUJIFILM Holdings Corporation (Japan)
- Aramark Services Inc. (the US) and others major key players.
Key Industry Developments In Medical Equipment Maintenance Market
- In October 2021, Dräger has launched the new Savina 300 NIV, the latest ventilator in its Savina 300 family of ventilators to meet the need for safe, effective, and reliable non-invasive ventilation (NIV) throughout the care continuum. The new Savina 300 NIV has a built-in turbine with a rapid response time and it has an external battery connection which allows the operation to be carried out independently from the central gas supply to provide care continuity while patient transfers.
- In October 2021, Hitachi Ltd., along with Tohoku University and Kyoto University, have developed a novel technology for the high-quality production of actinium-225, a substance that is required for a form of radiation therapy as targeted alpha therapy (TAT). TAT is a novel technology that utilizes a substance, emitting alpha particles that destroy the cancer cells with a compound that selectively accumulates in cancer cells.
- In September 2021, Lankenau Heart Institute part of Main Line Health, and Royal Philips, a global leader in health technology, declared that they have entered into a five-year strategic partnership to focus on integrated cardiovascular solutions. These partnerships' main motto is to help Main Line Health enhance its focus on clinical and technical training as well as its predictability and consistency in costs.
Global Medical Equipment Maintenance Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 34.23 Bn. |
Forecast Period 2022-28 CAGR: |
9% |
Market Size in 2028: |
USD 62.57 Bn. |
Segments Covered: |
By Type |
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By Service Provider |
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By Device Type |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Service Provider
3.3 By Device Type
3.4 By End-User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Medical Equipment Maintenance Market by Type
5.1 Medical Equipment Maintenance Market Overview Snapshot and Growth Engine
5.2 Medical Equipment Maintenance Market Overview
5.3 Preventive Maintenance
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Preventive Maintenance: Grographic Segmentation
5.4 Operational Maintenance
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Operational Maintenance: Grographic Segmentation
5.5 Corrective Maintenance
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Corrective Maintenance: Grographic Segmentation
Chapter 6: Medical Equipment Maintenance Market by Service Provider
6.1 Medical Equipment Maintenance Market Overview Snapshot and Growth Engine
6.2 Medical Equipment Maintenance Market Overview
6.3 Original Equipment Manufacturers {OEMS}
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Original Equipment Manufacturers {OEMS}: Grographic Segmentation
6.4 Independent Service Organizations
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Independent Service Organizations: Grographic Segmentation
6.5 In House Maintenance
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 In House Maintenance: Grographic Segmentation
Chapter 7: Medical Equipment Maintenance Market by Device Type
7.1 Medical Equipment Maintenance Market Overview Snapshot and Growth Engine
7.2 Medical Equipment Maintenance Market Overview
7.3 Diagnostic Imaging Equipment
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Diagnostic Imaging Equipment: Grographic Segmentation
7.4 Surgical Instrument
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Surgical Instrument: Grographic Segmentation
7.5 Endoscopic Devices
7.5.1 Introduction and Market Overview
7.5.2 Historic and Forecasted Market Size (2016-2028F)
7.5.3 Key Market Trends, Growth Factors and Opportunities
7.5.4 Endoscopic Devices: Grographic Segmentation
7.6 Life Support Device
7.6.1 Introduction and Market Overview
7.6.2 Historic and Forecasted Market Size (2016-2028F)
7.6.3 Key Market Trends, Growth Factors and Opportunities
7.6.4 Life Support Device: Grographic Segmentation
7.7 Monitors
7.7.1 Introduction and Market Overview
7.7.2 Historic and Forecasted Market Size (2016-2028F)
7.7.3 Key Market Trends, Growth Factors and Opportunities
7.7.4 Monitors: Grographic Segmentation
7.8 Others
7.8.1 Introduction and Market Overview
7.8.2 Historic and Forecasted Market Size (2016-2028F)
7.8.3 Key Market Trends, Growth Factors and Opportunities
7.8.4 Others: Grographic Segmentation
Chapter 8: Medical Equipment Maintenance Market by End-User
8.1 Medical Equipment Maintenance Market Overview Snapshot and Growth Engine
8.2 Medical Equipment Maintenance Market Overview
8.3 Hospitals
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2016-2028F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Hospitals: Grographic Segmentation
8.4 Diagnostic Imaging Centers
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2016-2028F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Diagnostic Imaging Centers: Grographic Segmentation
8.5 Dialysis Centers
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size (2016-2028F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Dialysis Centers: Grographic Segmentation
8.6 Ambulatory Surgical Center
8.6.1 Introduction and Market Overview
8.6.2 Historic and Forecasted Market Size (2016-2028F)
8.6.3 Key Market Trends, Growth Factors and Opportunities
8.6.4 Ambulatory Surgical Center: Grographic Segmentation
8.7 Others
8.7.1 Introduction and Market Overview
8.7.2 Historic and Forecasted Market Size (2016-2028F)
8.7.3 Key Market Trends, Growth Factors and Opportunities
8.7.4 Others: Grographic Segmentation
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Positioning
9.1.2 Medical Equipment Maintenance Sales and Market Share By Players
9.1.3 Industry BCG Matrix
9.1.4 Ansoff Matrix
9.1.5 Medical Equipment Maintenance Industry Concentration Ratio (CR5 and HHI)
9.1.6 Top 5 Medical Equipment Maintenance Players Market Share
9.1.7 Mergers and Acquisitions
9.1.8 Business Strategies By Top Players
9.2 AGENOR MANTENIMIENTOS
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Operating Business Segments
9.2.5 Product Portfolio
9.2.6 Business Performance
9.2.7 Key Strategic Moves and Recent Developments
9.2.8 SWOT Analysis
9.3 AGFA-GEVAERT NV
9.4 ALTHEA GROUP
9.5 B. BRAUN MELSUNGEN AG
9.6 BCAS BIOMEDICAL SERVICES LTD.
9.7 CANON MEDICAL SYSTEMS CORPORATION
9.8 DRAGERWERK AG & CO. KGAA
9.9 GE HEALTHCARE
9.10 HITACHI MEDICAL CORPORATION
9.11 KONINKLIJKE PHILIPS NV
9.12 MEDTRONIC PLC
9.13 OLYMPUS CORPORATION
9.14 SIEMENS HEALTHINEERS
9.15 FUJIFILM HOLDINGS CORPORATION
9.16 ARAMARK SERVICES INC.
9.17 OTHER MAJOR PLAYERS
Chapter 10: Global Medical Equipment Maintenance Market Analysis, Insights and Forecast, 2016-2028
10.1 Market Overview
10.2 Historic and Forecasted Market Size By Type
10.2.1 Preventive Maintenance
10.2.2 Operational Maintenance
10.2.3 Corrective Maintenance
10.3 Historic and Forecasted Market Size By Service Provider
10.3.1 Original Equipment Manufacturers {OEMS}
10.3.2 Independent Service Organizations
10.3.3 In House Maintenance
10.4 Historic and Forecasted Market Size By Device Type
10.4.1 Diagnostic Imaging Equipment
10.4.2 Surgical Instrument
10.4.3 Endoscopic Devices
10.4.4 Life Support Device
10.4.5 Monitors
10.4.6 Others
10.5 Historic and Forecasted Market Size By End-User
10.5.1 Hospitals
10.5.2 Diagnostic Imaging Centers
10.5.3 Dialysis Centers
10.5.4 Ambulatory Surgical Center
10.5.5 Others
Chapter 11: North America Medical Equipment Maintenance Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Preventive Maintenance
11.4.2 Operational Maintenance
11.4.3 Corrective Maintenance
11.5 Historic and Forecasted Market Size By Service Provider
11.5.1 Original Equipment Manufacturers {OEMS}
11.5.2 Independent Service Organizations
11.5.3 In House Maintenance
11.6 Historic and Forecasted Market Size By Device Type
11.6.1 Diagnostic Imaging Equipment
11.6.2 Surgical Instrument
11.6.3 Endoscopic Devices
11.6.4 Life Support Device
11.6.5 Monitors
11.6.6 Others
11.7 Historic and Forecasted Market Size By End-User
11.7.1 Hospitals
11.7.2 Diagnostic Imaging Centers
11.7.3 Dialysis Centers
11.7.4 Ambulatory Surgical Center
11.7.5 Others
11.8 Historic and Forecast Market Size by Country
11.8.1 U.S.
11.8.2 Canada
11.8.3 Mexico
Chapter 12: Europe Medical Equipment Maintenance Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Preventive Maintenance
12.4.2 Operational Maintenance
12.4.3 Corrective Maintenance
12.5 Historic and Forecasted Market Size By Service Provider
12.5.1 Original Equipment Manufacturers {OEMS}
12.5.2 Independent Service Organizations
12.5.3 In House Maintenance
12.6 Historic and Forecasted Market Size By Device Type
12.6.1 Diagnostic Imaging Equipment
12.6.2 Surgical Instrument
12.6.3 Endoscopic Devices
12.6.4 Life Support Device
12.6.5 Monitors
12.6.6 Others
12.7 Historic and Forecasted Market Size By End-User
12.7.1 Hospitals
12.7.2 Diagnostic Imaging Centers
12.7.3 Dialysis Centers
12.7.4 Ambulatory Surgical Center
12.7.5 Others
12.8 Historic and Forecast Market Size by Country
12.8.1 Germany
12.8.2 U.K.
12.8.3 France
12.8.4 Italy
12.8.5 Russia
12.8.6 Spain
12.8.7 Rest of Europe
Chapter 13: Asia-Pacific Medical Equipment Maintenance Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Preventive Maintenance
13.4.2 Operational Maintenance
13.4.3 Corrective Maintenance
13.5 Historic and Forecasted Market Size By Service Provider
13.5.1 Original Equipment Manufacturers {OEMS}
13.5.2 Independent Service Organizations
13.5.3 In House Maintenance
13.6 Historic and Forecasted Market Size By Device Type
13.6.1 Diagnostic Imaging Equipment
13.6.2 Surgical Instrument
13.6.3 Endoscopic Devices
13.6.4 Life Support Device
13.6.5 Monitors
13.6.6 Others
13.7 Historic and Forecasted Market Size By End-User
13.7.1 Hospitals
13.7.2 Diagnostic Imaging Centers
13.7.3 Dialysis Centers
13.7.4 Ambulatory Surgical Center
13.7.5 Others
13.8 Historic and Forecast Market Size by Country
13.8.1 China
13.8.2 India
13.8.3 Japan
13.8.4 Singapore
13.8.5 Australia
13.8.6 New Zealand
13.8.7 Rest of APAC
Chapter 14: Middle East & Africa Medical Equipment Maintenance Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 Preventive Maintenance
14.4.2 Operational Maintenance
14.4.3 Corrective Maintenance
14.5 Historic and Forecasted Market Size By Service Provider
14.5.1 Original Equipment Manufacturers {OEMS}
14.5.2 Independent Service Organizations
14.5.3 In House Maintenance
14.6 Historic and Forecasted Market Size By Device Type
14.6.1 Diagnostic Imaging Equipment
14.6.2 Surgical Instrument
14.6.3 Endoscopic Devices
14.6.4 Life Support Device
14.6.5 Monitors
14.6.6 Others
14.7 Historic and Forecasted Market Size By End-User
14.7.1 Hospitals
14.7.2 Diagnostic Imaging Centers
14.7.3 Dialysis Centers
14.7.4 Ambulatory Surgical Center
14.7.5 Others
14.8 Historic and Forecast Market Size by Country
14.8.1 Turkey
14.8.2 Saudi Arabia
14.8.3 Iran
14.8.4 UAE
14.8.5 Africa
14.8.6 Rest of MEA
Chapter 15: South America Medical Equipment Maintenance Market Analysis, Insights and Forecast, 2016-2028
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Type
15.4.1 Preventive Maintenance
15.4.2 Operational Maintenance
15.4.3 Corrective Maintenance
15.5 Historic and Forecasted Market Size By Service Provider
15.5.1 Original Equipment Manufacturers {OEMS}
15.5.2 Independent Service Organizations
15.5.3 In House Maintenance
15.6 Historic and Forecasted Market Size By Device Type
15.6.1 Diagnostic Imaging Equipment
15.6.2 Surgical Instrument
15.6.3 Endoscopic Devices
15.6.4 Life Support Device
15.6.5 Monitors
15.6.6 Others
15.7 Historic and Forecasted Market Size By End-User
15.7.1 Hospitals
15.7.2 Diagnostic Imaging Centers
15.7.3 Dialysis Centers
15.7.4 Ambulatory Surgical Center
15.7.5 Others
15.8 Historic and Forecast Market Size by Country
15.8.1 Brazil
15.8.2 Argentina
15.8.3 Rest of SA
Chapter 16 Investment Analysis
Chapter 17 Analyst Viewpoint and Conclusion
Global Medical Equipment Maintenance Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 34.23 Bn. |
Forecast Period 2022-28 CAGR: |
9% |
Market Size in 2028: |
USD 62.57 Bn. |
Segments Covered: |
By Type |
|
|
By Service Provider |
|
||
By Device Type |
|
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By End-User |
|
||
By Region |
|
||
Key Market Drivers: |
|
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Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. MEDICAL EQUIPMENT MAINTENANCE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. MEDICAL EQUIPMENT MAINTENANCE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. MEDICAL EQUIPMENT MAINTENANCE MARKET COMPETITIVE RIVALRY
TABLE 005. MEDICAL EQUIPMENT MAINTENANCE MARKET THREAT OF NEW ENTRANTS
TABLE 006. MEDICAL EQUIPMENT MAINTENANCE MARKET THREAT OF SUBSTITUTES
TABLE 007. MEDICAL EQUIPMENT MAINTENANCE MARKET BY TYPE
TABLE 008. PREVENTIVE MAINTENANCE MARKET OVERVIEW (2016-2028)
TABLE 009. OPERATIONAL MAINTENANCE MARKET OVERVIEW (2016-2028)
TABLE 010. CORRECTIVE MAINTENANCE MARKET OVERVIEW (2016-2028)
TABLE 011. MEDICAL EQUIPMENT MAINTENANCE MARKET BY SERVICE PROVIDER
TABLE 012. ORIGINAL EQUIPMENT MANUFACTURERS {OEMS} MARKET OVERVIEW (2016-2028)
TABLE 013. INDEPENDENT SERVICE ORGANIZATIONS MARKET OVERVIEW (2016-2028)
TABLE 014. IN HOUSE MAINTENANCE MARKET OVERVIEW (2016-2028)
TABLE 015. MEDICAL EQUIPMENT MAINTENANCE MARKET BY DEVICE TYPE
TABLE 016. DIAGNOSTIC IMAGING EQUIPMENT MARKET OVERVIEW (2016-2028)
TABLE 017. SURGICAL INSTRUMENT MARKET OVERVIEW (2016-2028)
TABLE 018. ENDOSCOPIC DEVICES MARKET OVERVIEW (2016-2028)
TABLE 019. LIFE SUPPORT DEVICE MARKET OVERVIEW (2016-2028)
TABLE 020. MONITORS MARKET OVERVIEW (2016-2028)
TABLE 021. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 022. MEDICAL EQUIPMENT MAINTENANCE MARKET BY END-USER
TABLE 023. HOSPITALS MARKET OVERVIEW (2016-2028)
TABLE 024. DIAGNOSTIC IMAGING CENTERS MARKET OVERVIEW (2016-2028)
TABLE 025. DIALYSIS CENTERS MARKET OVERVIEW (2016-2028)
TABLE 026. AMBULATORY SURGICAL CENTER MARKET OVERVIEW (2016-2028)
TABLE 027. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 028. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY TYPE (2016-2028)
TABLE 029. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER (2016-2028)
TABLE 030. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE (2016-2028)
TABLE 031. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END-USER (2016-2028)
TABLE 032. N MEDICAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY (2016-2028)
TABLE 033. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET, BY TYPE (2016-2028)
TABLE 034. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER (2016-2028)
TABLE 035. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE (2016-2028)
TABLE 036. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END-USER (2016-2028)
TABLE 037. MEDICAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY (2016-2028)
TABLE 038. ASIA PACIFIC MEDICAL EQUIPMENT MAINTENANCE MARKET, BY TYPE (2016-2028)
TABLE 039. ASIA PACIFIC MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER (2016-2028)
TABLE 040. ASIA PACIFIC MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE (2016-2028)
TABLE 041. ASIA PACIFIC MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END-USER (2016-2028)
TABLE 042. MEDICAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY (2016-2028)
TABLE 043. MIDDLE EAST & AFRICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY TYPE (2016-2028)
TABLE 044. MIDDLE EAST & AFRICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER (2016-2028)
TABLE 045. MIDDLE EAST & AFRICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE (2016-2028)
TABLE 046. MIDDLE EAST & AFRICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END-USER (2016-2028)
TABLE 047. MEDICAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY (2016-2028)
TABLE 048. SOUTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY TYPE (2016-2028)
TABLE 049. SOUTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER (2016-2028)
TABLE 050. SOUTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE (2016-2028)
TABLE 051. SOUTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END-USER (2016-2028)
TABLE 052. MEDICAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY (2016-2028)
TABLE 053. AGENOR MANTENIMIENTOS: SNAPSHOT
TABLE 054. AGENOR MANTENIMIENTOS: BUSINESS PERFORMANCE
TABLE 055. AGENOR MANTENIMIENTOS: PRODUCT PORTFOLIO
TABLE 056. AGENOR MANTENIMIENTOS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. AGFA-GEVAERT NV: SNAPSHOT
TABLE 057. AGFA-GEVAERT NV: BUSINESS PERFORMANCE
TABLE 058. AGFA-GEVAERT NV: PRODUCT PORTFOLIO
TABLE 059. AGFA-GEVAERT NV: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. ALTHEA GROUP: SNAPSHOT
TABLE 060. ALTHEA GROUP: BUSINESS PERFORMANCE
TABLE 061. ALTHEA GROUP: PRODUCT PORTFOLIO
TABLE 062. ALTHEA GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. B. BRAUN MELSUNGEN AG: SNAPSHOT
TABLE 063. B. BRAUN MELSUNGEN AG: BUSINESS PERFORMANCE
TABLE 064. B. BRAUN MELSUNGEN AG: PRODUCT PORTFOLIO
TABLE 065. B. BRAUN MELSUNGEN AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. BCAS BIOMEDICAL SERVICES LTD.: SNAPSHOT
TABLE 066. BCAS BIOMEDICAL SERVICES LTD.: BUSINESS PERFORMANCE
TABLE 067. BCAS BIOMEDICAL SERVICES LTD.: PRODUCT PORTFOLIO
TABLE 068. BCAS BIOMEDICAL SERVICES LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. CANON MEDICAL SYSTEMS CORPORATION: SNAPSHOT
TABLE 069. CANON MEDICAL SYSTEMS CORPORATION: BUSINESS PERFORMANCE
TABLE 070. CANON MEDICAL SYSTEMS CORPORATION: PRODUCT PORTFOLIO
TABLE 071. CANON MEDICAL SYSTEMS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. DRAGERWERK AG & CO. KGAA: SNAPSHOT
TABLE 072. DRAGERWERK AG & CO. KGAA: BUSINESS PERFORMANCE
TABLE 073. DRAGERWERK AG & CO. KGAA: PRODUCT PORTFOLIO
TABLE 074. DRAGERWERK AG & CO. KGAA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. GE HEALTHCARE: SNAPSHOT
TABLE 075. GE HEALTHCARE: BUSINESS PERFORMANCE
TABLE 076. GE HEALTHCARE: PRODUCT PORTFOLIO
TABLE 077. GE HEALTHCARE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. HITACHI MEDICAL CORPORATION: SNAPSHOT
TABLE 078. HITACHI MEDICAL CORPORATION: BUSINESS PERFORMANCE
TABLE 079. HITACHI MEDICAL CORPORATION: PRODUCT PORTFOLIO
TABLE 080. HITACHI MEDICAL CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. KONINKLIJKE PHILIPS NV: SNAPSHOT
TABLE 081. KONINKLIJKE PHILIPS NV: BUSINESS PERFORMANCE
TABLE 082. KONINKLIJKE PHILIPS NV: PRODUCT PORTFOLIO
TABLE 083. KONINKLIJKE PHILIPS NV: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. MEDTRONIC PLC: SNAPSHOT
TABLE 084. MEDTRONIC PLC: BUSINESS PERFORMANCE
TABLE 085. MEDTRONIC PLC: PRODUCT PORTFOLIO
TABLE 086. MEDTRONIC PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. OLYMPUS CORPORATION: SNAPSHOT
TABLE 087. OLYMPUS CORPORATION: BUSINESS PERFORMANCE
TABLE 088. OLYMPUS CORPORATION: PRODUCT PORTFOLIO
TABLE 089. OLYMPUS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. SIEMENS HEALTHINEERS: SNAPSHOT
TABLE 090. SIEMENS HEALTHINEERS: BUSINESS PERFORMANCE
TABLE 091. SIEMENS HEALTHINEERS: PRODUCT PORTFOLIO
TABLE 092. SIEMENS HEALTHINEERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. FUJIFILM HOLDINGS CORPORATION: SNAPSHOT
TABLE 093. FUJIFILM HOLDINGS CORPORATION: BUSINESS PERFORMANCE
TABLE 094. FUJIFILM HOLDINGS CORPORATION: PRODUCT PORTFOLIO
TABLE 095. FUJIFILM HOLDINGS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. ARAMARK SERVICES INC.: SNAPSHOT
TABLE 096. ARAMARK SERVICES INC.: BUSINESS PERFORMANCE
TABLE 097. ARAMARK SERVICES INC.: PRODUCT PORTFOLIO
TABLE 098. ARAMARK SERVICES INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 099. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 100. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 101. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY TYPE
FIGURE 012. PREVENTIVE MAINTENANCE MARKET OVERVIEW (2016-2028)
FIGURE 013. OPERATIONAL MAINTENANCE MARKET OVERVIEW (2016-2028)
FIGURE 014. CORRECTIVE MAINTENANCE MARKET OVERVIEW (2016-2028)
FIGURE 015. MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY SERVICE PROVIDER
FIGURE 016. ORIGINAL EQUIPMENT MANUFACTURERS {OEMS} MARKET OVERVIEW (2016-2028)
FIGURE 017. INDEPENDENT SERVICE ORGANIZATIONS MARKET OVERVIEW (2016-2028)
FIGURE 018. IN HOUSE MAINTENANCE MARKET OVERVIEW (2016-2028)
FIGURE 019. MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY DEVICE TYPE
FIGURE 020. DIAGNOSTIC IMAGING EQUIPMENT MARKET OVERVIEW (2016-2028)
FIGURE 021. SURGICAL INSTRUMENT MARKET OVERVIEW (2016-2028)
FIGURE 022. ENDOSCOPIC DEVICES MARKET OVERVIEW (2016-2028)
FIGURE 023. LIFE SUPPORT DEVICE MARKET OVERVIEW (2016-2028)
FIGURE 024. MONITORS MARKET OVERVIEW (2016-2028)
FIGURE 025. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 026. MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY END-USER
FIGURE 027. HOSPITALS MARKET OVERVIEW (2016-2028)
FIGURE 028. DIAGNOSTIC IMAGING CENTERS MARKET OVERVIEW (2016-2028)
FIGURE 029. DIALYSIS CENTERS MARKET OVERVIEW (2016-2028)
FIGURE 030. AMBULATORY SURGICAL CENTER MARKET OVERVIEW (2016-2028)
FIGURE 031. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 032. NORTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 033. EUROPE MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 034. ASIA PACIFIC MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 035. MIDDLE EAST & AFRICA MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 036. SOUTH AMERICA MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Medical Equipment Maintenance Market research report is 2022-2028.
Agenor Mantenimientos (Spain), Agfa-Gevaert NV (Belgium), Althea Group (Italy), B. Braun Melsungen AG (Germany), BCAS Biomedical Services Ltd. (UK), Canon Medical Systems Corporation (Japan), Dragerwerk AG & Co. KGaA (Germany), GE Healthcare (US), Hitachi Medical Corporation (Japan), Koninklijke Philips NV (Netherlands), Medtronic PLC (Ireland), Olympus Corporation (Japan), Siemens Healthineers (Germany), FUJIFILM Holdings Corporation (Japan), Aramark Services Inc. (the US), and Other Major Players.
Medical Equipment Maintenance Market is segmented into Type, Service Provider, Device Type, End-User and region. By Type, the market is categorized into Preventive Maintenance, Operational Maintenance, and Corrective Maintenance. By Service Provider, the market is categorized into Original Equipment Manufacturers {OEMS}, Independent Service Organizations, In House Maintenance. By Device Type the market is categorized into Diagnostic Imaging Equipment, Surgical Instrument, Endoscopic Devices, Life Support Device, Monitors, Others. By End-User, the market is categorized into Hospitals, Diagnostic Imaging Centers, Dialysis Centers, Ambulatory Surgical Center, Others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
To maintain the efficiency of medical equipment involved in diagnosing and treating illness and diseases are the main factors that consolidate the importance of medical equipment importance
Global Medical Equipment Maintenance Market was valued at USD 34.23 Billion in 2021 and is expected to reach USD 62.57 Billion by the year 2028, at a CAGR of 9%.