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Medical Equipment Maintenance Market Size, Share Global Analysis Report, 2020–2026
Medical Equipment Maintenance Market by Device Type (Imaging Equipment, Electro-medical Equipment, Endoscopic Devices, Surgical Instruments, and Other Medical Equipment), By Service Type (Preventive Maintenance, Corrective Maintenance, and Operational Maintenance), By Service Provider (Original Equipment Manufacturers, Independent Service Organizations, and In-House Maintenance), By End User (Public Organizations and Private Organizations), and Regions: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the medical equipment maintenance industry. The report analyzes and declares the historical and current trends analysis of the medical equipment maintenance industry and subsequently recommends the projected trends anticipated to be observed in the medical equipment maintenance market during the upcoming years.
The medical equipment maintenance market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire medical equipment maintenance market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the medical equipment maintenance industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the medical equipment maintenance industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the medical equipment maintenance market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders the medical equipment maintenance involved in the entire value chain of the medical equipment maintenance industry. The market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the medical equipment maintenance sector. Key strategic developments in the medical equipment maintenance market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the medical equipment maintenance market are appropriately highlighted in the report.
The medical equipment maintenance market research report delivers an acute valuation and taxonomy of the medical equipment maintenance industry by practically splitting the market on the basis of different components, applications, end-user, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the medical equipment maintenance industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the medical equipment maintenance industry is provided for the leading economies of the world.
The global medical equipment maintenance industry is expected to provide potential opportunities to the manufacturers, vendors, and customers across the globe. The sudden rise of the COVID-19 pandemic level has impacted the demand patterns of medical equipment maintenance. Growth in the associated equipment markets is a key factor driving the growth of the global market. Additionally, a growing focus on preventive medical equipment maintenance is another factor expected to boost the growth of the target market in the near future. Furthermore, the adoption of innovative funding mechanisms is anticipated to fuel the growth of the target market in the next few years. However, the high initial cost is a major factor to restrain the growth of the target market in the near future.
The global medical equipment maintenance market is segmented on the basis of device type, service type, service provider, and end-user. On the device type, the global market is categorized as electro medical equipment, imaging equipment, endoscopic devices, surgical instruments, and other medical equipment. Based on the service type segment the global market is divided into preventive maintenance, corrective maintenance, and operational maintenance. By service provider segment the global market is segregated as in-house maintenance, independent service organizations, and original equipment manufacturers. The global market can be divided into public organizations and private organizations based on the end-user segment.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 31.8 Billion |
Projected Market Size in 2026 |
USD 63.31 Billion |
Growth Rate |
CAGR 10.3% |
Base Year |
2019 |
Forecast Years |
2020–2026 |
Key Market Players |
Aramark Services, Inc., Karl Storz GmbH & Co. Kg, FUJIFILM Holdings Corporation, Olympus Corporation, Hitachi Medical Corporation (Hitachi, Ltd.), Bc Technical, Inc. (Part of Alpha Source Group, Drägerwerk AG & Co. KGaA, Carestream Health, Inc. (Subsidiary of Onex Corporation), Althea (Previously Pantheon Healthcare Group, A Part of Permira Group), Agfa-Gevaert Group, B. Braun Melsungen AG, Koninklijke Philips N.V., Canon Inc and Others |
Key Segment |
By Device Type, By Service Type, By Service Provider, By End User and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the essential players operating in the medical equipment maintenance market, but not restricted to include
Competitive Analysis
- Siemens Healthineers (A Division of Siemens AG)
- Aramark Services Inc.
- Karl Storz GmbH & Co. Kg
- FUJIFILM Holdings Corporation
- Olympus Corporation
- Hitachi Medical Corporation (Hitachi Ltd.)
- Bc Technical Inc. (Part of Alpha Source Group
- Drägerwerk AG & Co. KGaA
- Carestream Health Inc. (Subsidiary of Onex Corporation)
- Althea (Previously Pantheon Healthcare Group
- A Part of Permira Group)
- Agfa-Gevaert Group
- B. Braun Melsungen AG
- Koninklijke Philips N.V.
- Canon Inc.
- GE Healthcare (A General Electric Company).
Major companies in the global medical equipment maintenance market are trying to focus on the inorganic business strategies including launches of innovative products along with strategic partnerships.
The taxonomy of the medical equipment maintenance market industry by its scope and segmentation is as follows:
By Device Type
- Imaging Equipment
- Advanced Imaging Modalities
- CT
- MRI
- Other Advanced Medical Imaging Modalities
- Primary Imaging Modalities
- Digital X-Ray
- Ultrasound
- Other Primary Medical Imaging Modalities
- Advanced Imaging Modalities
- Electromedical Equipment
- Endoscopic Devices
- Surgical Instruments
- Other Medical Equipment
- Life Support Devices
- Dental Equipment
By Service Type
- Preventive Maintenance
- Corrective Maintenance
- Operational Maintenance
By Service Provider
- Original Equipment Manufacturers
- Multi-Vendor OEMs
- Single-Vendor OEMs
- Independent Service Organizations
- In-House Maintenance
By End User
- Public Organizations
- Private Organizations
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Siemens Healthineers (A Division of Siemens AG)
- Aramark Services Inc.
- Karl Storz GmbH & Co. Kg
- FUJIFILM Holdings Corporation
- Olympus Corporation
- Hitachi Medical Corporation (Hitachi Ltd.)
- Bc Technical Inc. (Part of Alpha Source Group
- Drägerwerk AG & Co. KGaA
- Carestream Health Inc. (Subsidiary of Onex Corporation)
- Althea (Previously Pantheon Healthcare Group
- A Part of Permira Group)
- Agfa-Gevaert Group
- B. Braun Melsungen AG
- Koninklijke Philips N.V.
- Canon Inc.
- GE Healthcare (A General Electric Company)
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