Global Medical Equipment Maintenance & Repair Market to Hit USD 92 Billion by 2030 with a 10.8% CAGR

A Quick Overview of Medical Equipment Maintenance & Repair Market

• Base Year: 2024

• Historical Years: 2020-2023

• Forecast Years: 2025-2030

• Market Growth Rate: 10.8% (2025-2030)

The key object of this report on the Medical Equipment Maintenance & Repair Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.

MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.

According to the latest report, the Global Medical Equipment Maintenance & Repair Market was valued at around USD 55 billion in 2024 and is projected to reach USD 92 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.8% from 2025 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.

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Market Dynamics:

Trend-

Rising Predictive Maintenance Through Digital Technologies and AI - The Global Medical Equipment Maintenance & Repair Market is shifting towards predictive maintenance with the developments in digital technologies and artificial intelligence (AI). The necessity for healthcare providers to lower operating costs and improve equipment reliability is a major driving force behind this trend. Medical equipment can now be monitored in real time with AI-driven analytics enabling prompt interventions and the early identification of possible failures. As hospitals and clinics use these technologies more frequently the focus on proactive maintenance techniques is anticipated to reshape the medical equipment management landscape significantly.

Medical Equipment Maintenance & Repair Market Report Segmentation:

The report by MarkNtel Advisors on Medical Equipment Maintenance & Repair Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:

By Device Type

• Diagnostic Imaging Equipment

•• MRI System

•• CT Scanners

•• X-Ray System

•• Ultrasound System

•• Others

• Patient Monitoring & Life Support Devices

•• Ventilators

•• Anesthesia Monitoring Equipment

•• Dialysis Equipment

•• Others

• Endoscopic Devices

• Surgical Equipment

• Electrosurgical Equipment

• Dental Equipment

•• Dental Radiology Equipment

•• Dental Laser Devices

• Others

- Diagnostic Imaging Equipment is leading with approximately 25% to 30% share of the total market value in the Global Medical Equipment Maintenance & Repair Market. The segment is dominating in market due to its critical role in accurate diagnosis and treatment planning in modern healthcare.

By Service Providers

• In-House Maintenance

• Original Equipment Manufacturers (OEM)

•• Multi Vendors OEM

•• Single Vendors OEM

• Independent Service Organization

By Service Type

• Preventive Maintenance

• Corrective Maintenance

• Operational Maintenance

By End User

• Hospitals

• Clinics

•• Dental Clinics

•• Specialty

• Laboratory

• Ambulatory Surgical Centers

• Dialysis Centers

• Others

By Region

• North America

• South America

• Europe

• The Middle East & Africa

• Asia-Pacific

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Some of the Top Medical Equipment Maintenance & Repair Companies in the Market

In the fast-changing Medical Equipment Maintenance & Repair Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry ruling the industry are:

• Koninklijke Philips N.V.

• GE HealthCare

• Zimmer Biomet

• Medtronic

• Olympus Corporation

• Siemens Healthcare GmbH

• Carestream Health

• Shimadzu Corporation

• Boston Scientific Corporation

• Terarecon, Inc.

• Hoya Corporation

• Smith+Nephew

• DirectMed Imaging

• Others

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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