Press release
Emerging Trends Influencing The Growth Of The Medical Equipment Calibration Services Market:Strategic Partnerships And Collaborations Drive Innovation In The Medical Equipment Calibration Services Market
Medical Equipment Calibration Services
How Big Is the Medical Equipment Calibration Services Market Size Expected to Be by 2034?
The medical equipment calibration services market size has grown rapidly in recent years. It will grow from $1.65 billion in 2024 to $1.83 billion in 2025 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to global health preparedness, remote calibration services, patient-centric care, aging medical equipment, regulatory compliance.
Over the upcoming years, the market size for medical equipment calibration services is predicted to witness a swift expansion. It is forecasted to reach $2.74 billion by 2029, with a compound annual growth rate (CAGR) of 10.7%. The anticipated upsurge during this period can be linked to factors such as the growth of digital health, environmentally friendly calibration methodologies, proactive maintenance, clinical laboratory accreditation, and patient safety. The forecast period will also witness significant trends in calibration such as telehealth equipment calibration, support for remote calibration, digital calibration mechanisms, calibration enhanced by the internet of things (IoT), and calibration facilitated by artificial intelligence (AI).
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6744
What Are the Emerging Segments Within the Medical Equipment Calibration Services Market?
The medical equipment calibration services market covered in this report is segmented -
1) By Service: In-house, Third-Party Services, Original Equipment Manufacturer (OEM)
2) By Equipment: Fetal Monitors, Imaging Equipment, Vital Sign Monitors, Infusion Pumps, Cardiovascular Monitors, Ventilators, Other Equipment
3) By End User: Hospitals, Clinical Laboratories, Other End Users
Subsegments:
1) By In-house: Internal Calibration Services, Preventive Maintenance And Calibration
2) By Third-Party Services: Independent Calibration Labs, On-Site Calibration Services
3) By Original Equipment Manufacturer (OEM): Manufacturer-Sponsored Calibration, OEM Warranty Calibration Services
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6744&type=smp
What Long-Term Drivers Are Shaping Medical Equipment Calibration Services Market Trends?
The anticipated expansion of the medical equipment calibration service market is largely attributed to increasing investments in healthcare infrastructure. This expansion will likely provide more robust public health protection. Medical equipment calibration services play a crucial role in ensuring the safety and efficacy of available medical devices. For instance, projections from the Indian Brand Equity Foundation, a government ministry in India, indicate that the healthcare market could triple to USD 133.44 billion by 2022. Moreover, data from the Centre for Medicaid & Medicare Services reveals that in 2020, U.S. healthcare spending rose by 9.7%, amounting to $12,530 per individual, or a total of $4.1 trillion. Consequently, the mounting investments in healthcare infrastructure are propelling the medical equipment calibration services market's growth.
Who Are the Top Competitors in Key Medical Equipment Calibration Services Market Segments?
Major companies operating in the medical equipment calibration services market include Transcat Inc., Tektronix Inc., Fluke Biomedical LLC, Biomedical Technologies Inc., NS Medical Systems, JM Test Systems LLC, JPen Medical, TAG Medical Products, Hospicare Equipment Services Corp., Industrial Calibration and Service Co. Inc, RS Components Ltd., ERD LLC, Calibrationhouse, Autocal Systems Pvt. Ltd., Spectrum Technologies Inc., Custom Calibration Inc., Calibration Laboratory LLC., Morehouse Instrument Company Inc., Strainsert Inc., Sierra Instruments Inc., Medserve Ltd., Bureau Veritas S.A., Intertek Group Plc, Beamex Oy Ab, Trescal S.A., MicronPA, Unique BioMedical Services, DeviceLab Inc., EAG Laboratories, EdgeOne Medical Inc., Eurofins Scientific SE
What Medical Equipment Calibration Services Market Trends Are Gaining Traction Across Different Segments?
One of the key trends gaining momentum in the medical equipment calibration services market is the formulation of strategic alliances and collaborations. Companies in the medical equipment calibration services field are forming partnerships to solidify their market standing. For example, in April 2022, Ultimo, an American company which offers information technology services, collaborated with Fluke Biomedical, an American firm specializing in medical equipment calibration services. The objective of this alliance is to boost efficiency within healthcare organizations by reducing the duration technicians spend on manual, paper-based, or repetitive duties.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/medical-equipment-calibration-services-global-market-report
Which Regions Are Becoming Hubs for Medical Equipment Calibration Services Market Innovation?
North America was the largest region in the medical equipment calibration services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical equipment calibration services market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Medical Equipment Calibration Services Market?
2. What is the CAGR expected in the Medical Equipment Calibration Services Market?
3. What Are the Key Innovations Transforming the Medical Equipment Calibration Services Industry?
4. Which Region Is Leading the Medical Equipment Calibration Services Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Emerging Trends Influencing The Growth Of The Medical Equipment Calibration Services Market:Strategic Partnerships And Collaborations Drive Innovation In The Medical Equipment Calibration Services Market here
News-ID: 3960997 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Calibration
Calibration Services Market Report 2024 - Calibration Services Market Size, Tren …
"The Business Research Company recently released a comprehensive report on the Global Calibration Services Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Medical Equipment Calibration Services Market - Transforming Compliance, Advanci …
Newark, New Castle, USA: The "Medical Equipment Calibration Services Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Medical Equipment Calibration Services Market: https://www.growthplusreports.com/report/medical-equipment-calibration-services-market/8661
This latest report researches the…
Calibration Syringe Market Accurate and Precise Instrument for Calibration and M …
Global Calibration Syringe Market Overview:
The Calibration Syringe market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Calibration Syringe market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth has created both…
Novel Growth of Specialty Calibration Gases Industry 2020-2026| Isolocity, Compu …
An informative data report titled Specialty Calibration Gases Market was published by Reports web. It takes a closer look at the different aspects of the businesses, that are responsible for fueling the growth of the companies. Additionally, it offers some significant factors, which are restraining the progress of the industries.
This is a professional and in-depth study on the current state of the Specialty Calibration Gases Market with a basic overview…
Global Calibration Software Market Demand and Key Players by 2026 | CyberMetrics …
Calibration management software plays an important role in the calibration laboratory. Calibration laboratories face difficulties due to the increasing complexity of workloads, the reduction of technicians, the rising quality standards, and the constant pressure to cut costs. Calibration management software has been introduced to overcome these problems. This software is used to maintain quality assurance standards related to the use of such equipment in various industries and user organizations.
The statistical…
Calibration Management Software Market Report 2018 - 2025: Fluke Calibration, Be …
Calibration Management Software Market report provides in-depth statistics and analysis available on the market status of the Calibration Management Software Manufacturers and is a valuable method of obtaining guidance and direction for companies and business enterprise insider considering the Calibration Management Software Industry It contains the analysis of drivers, challenges, and restraints impacting the industry.
The Study On key vendors in this Global Calibration Management Software Market Key…
