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Medical Equipment Maintenance Market Comprehensive Analysis of Current and Future Market Trends, And Emerging Revenues Analysis with Key Company Like General Electric, Philips, Fujifilm Holdings, Canon Inc, Aramark Corporation, TBS Group S.p.A, Hitachi
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Imaging equipment, endoscopic devices, surgical instruments, electromedical equipment, and other medical equipment are the various types of devices for which maintenance services are being adopted by hospitals and other end users. As per the findings of the research, imaging equipment held the largest medical equipment maintenance market share in 2016, since these are costly and are used for the diagnosis of a large number of diseases. The medical equipment maintenance services include preventive maintenance, corrective maintenance, and operational maintenance services. Preventive maintenance is expected to be the fastest growing service type, as corrective maintenance is costlier than preventive maintenance and due to the tendency of medical device users to avoid this cost.
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Geographically, North America is the largest medical equipment maintenance market, with the U.S. being the larger contributor to the regional market, as compared to Canada. The leading position of the North American market is mainly attributable to factors such as presence of many companies providing medical equipment maintenance services, large and growing medical devices industry, and high healthcare expenditure in the region. Presence of various regulatory authorities that have stipulated strict regulations to comply with for hospitals and other healthcare facilities also supports the growth in demand for these services in the North American medical equipment maintenance market.
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Similarly, in February 2017, Siemens Healthineers, a subsidiary of Siemens AG, entered into a five-year partnership agreement with hospitals in Turkey, operated by DiA Holding and Turkish Ministry of Health. Under the partnership, Siemens Healthineers agreed to provide the hospitals with laboratory services along with laboratory technical staff, design, medical equipment and its services and maintenance. The partnership offered these services to the hospitals in Turkey worth $109.3 million (€100 million).
Some of the other key players operating in the medical equipment maintenance market include General Electric Company, B. Braun Melsungen AG, Koninklijke Philips N.V., Fujifilm Holdings Corporation, Canon Inc., Aramark Corporation, TBS Group S.p.A., Hitachi Ltd., Agfa Gevaert, and Drägerwerk AG & Co. KGAA.
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