Press release
Medical Equipment Maintenance Market to Hit USD 44,376.54 Million and is expected to witness growth at a rate of 8.95% by 2029
Medical Equipment Maintenance Market report explains several market factors such as market estimates and forecasts, entry strategies, opportunity analysis, market positioning, competitive landscape, product positioning, market assessment and viability studies. All the information, statistics and data encompassed in this report has been collected from the truthful sources such as websites, newspapers, journals, white papers, mergers, and annual reports of the companies. Medical Equipment Maintenance Market research report contains various parameters of the Healthcare industry. These parameters range from industry outlook, currency and pricing, value chain analysis, market overview, premium insights, key insights to the company profile of the key market players.The medical equipment maintenance market is expected to witness market growth at a rate of 8.95% in the forecast period of 2022 to 2029, and is estimated to reach the value of USD 44,376.54 million by 2029. Data Bridge Market Research report on medical equipment maintenance market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the healthcare sector globally is escalating the growth of medical equipment maintenance market.
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Medical devices refer to the type of devices that are used from diagnostics to surgeries and treatments for precisely checking the health of patients. The maintenance of these devices play a crucial role in maintaining and enhancing the precision and accuracy of medical devices. Medical equipment maintenance helps in ensuring that the devices are error-free and operating accurately.
The adoption of innovative funding mechanisms across the globe acts as one of the major factors driving the growth of medical equipment maintenance market. The increase in the use for treatment, diagnosis, analysis, and educational purposes across the healthcare industry, and surge in purchase of refurbished medical systems accelerate the market growth. The rise in initiatives between governments and third party providers of medical services resulting in better scenarios, and increase in focus on preventive medical equipment maintenance further influence the market. Additionally, high disposable income, rise in prevalence of geriatric population, surge in healthcare expenditure and advancements in healthcare infrastructure positively affect the medical equipment maintenance market. Furthermore, innovation in service offerings and use of IoT, and emergence of ISOs extend profitable opportunity to the market players in the forecast period of 2022 to 2029.
On the other hand, high initial cost and significant maintenance expenditure and fiscal unsustainability due to wasteful spending are expected to obstruct the market growth. Dearth of skilled technicians and biomedical engineers and compliance issues with new MDR regulations are projected to challenge the medical equipment maintenance market in the forecast period of 2022-2029.
This medical equipment maintenance market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on medical equipment maintenance market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Global Medical Equipment Maintenance Market Scope and Market Size
The medical equipment maintenance market is segmented on the basis of service type, service providers, device type, level of maintenance and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
• On the basis of service type, the medical equipment maintenance market is segmented into preventive, corrective, performance/operational.
• On the basis of service providers, the global medical equipment maintenance market has been segmented into in-house service providers and external service providers.
• On the basis of device type, the medical equipment maintenance market has been segmented into diagnostic imaging equipments, electrosurgical equipment, endoscopic devices, surgical equipment, medical lasers, opthalmology equipment, patient monitoring and life support devices, dental equipment, laboratory equipment, durable medical equipments and radiotherapy devices. Diagnostic imaging equipments are further segmented into CT scanners, MRI systems, ultrasound systems, x-ray systems, mammography systems, angiography systems, fluoroscopy systems and nuclear imaging equipments (PET/SPECT). Patient monitoring and life support devices are further segmented into ventilators, anesthesia monitoring equipments, infusion pumps, dialysis equipment and other life supported devices and patient monitoring devices. Dental equipment is further segmented into dental radiology equipments, dental laser devices and other dental equipment.
• On the basis of level of maintenance, the medical equipment maintenance market has been segmented into level 3, specialized, level 2, technician, level 1, user (or first-line).
• On the basis of end user, the medical equipment maintenance market has been segmented into hospitals, clinics, laboratory, and other health care centre.
Medical Equipment Maintenance Market Country Level Analysis
The medical equipment maintenance market is analyzed and market size insights and trends are provided by country, service type, service providers, device type, level of maintenance and end user as referenced above.
The countries covered in the medical equipment maintenance market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical equipment maintenance market because of the rise in prevalence of chronic diseases and higher healthcare spending within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the government initiatives to provide better healthcare services in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of sales channels are considered while providing forecast analysis of the country data.
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Key Pointers Covered in Medical Equipment Maintenance Market Industry Trends and Forecast to 2029
• Market Size
• Market Standards and Changes
• Market Trials in Different Regions
• Market Requirements in Different Regions
• Market Shares in Different Regions
• Recent Developments for Market Competitors
• Recent Market Value for Different regions
• Sales Data for Market Competitors
• Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the 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
Healthcare Infrastructure growth Installed base and New Technology Penetration
The medical equipment maintenance market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical equipment maintenance market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical equipment maintenance market. The data is available for historic period 2010-2020.
Competitive Landscape and Medical Equipment Maintenance Market Share Analysis
The 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical equipment maintenance market.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
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 MAINTENANCEMARKET: 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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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
Key Offerings: Medical Equipment Maintenance Market
• Medical Equipment Maintenance Market Size & Forecast by Revenue
• 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
Trending Related Reports:
North America Medical Equipment Maintenance Market - Industry Trends and Forecast to 2028
Europe Medical Equipment Maintenance Market - Industry Trends and Forecast to 2028
Middle East and Africa Medical Equipment Maintenance Market - Industry Trends and Forecast to 2028
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