Medical Equipment Maintenance Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026
Global Medical Equipment Maintenance Market is estimated to value over USD 47 billion by 2026 end with a CAGR of 9.4% during the forecast period 2019-2026.
Medical
equipment maintenance deals with the servicing of this equipment to ensure that
they are operating as per the requirements and are free from errors. This is
one of the factors that positively impact the growth of the market. Additionally,
rise in the purchase of refurbished medical system is also contributing the
market growth. Most of the medical equipment are high-priced and hence any
ignorance in their maintenance results in huge monetary losses which increases
the demand for medical equipment maintenance thus assisting in market growth.
Due to the advancements in technology, operating such equipment is difficult;
thus timely maintenance of equipment is the key.
Imaging
equipment device type is anticipated to be the major sector contributing to the
market growth and positively influencing CAGR. As imaging equipment are vital
and are in demand worldwide irrespective of region, cost and complexity to
operate.
Based
on service type, the market is further divided into preventive maintenance,
corrective maintenance and operational maintenance; of which, preventive
maintenance is expected to be dominating sector in comparison with others. The
need for reducing errors and hence further loss leads to increased demand for
preventive maintenance which is one of the major growth contributors in
CAGR.
OEMs
are anticipated to be dominating segment in the market owing to high service
standards and cost-effective solutions and expert technicians.
North
America is poised to dominate the market growth followed by the Asia Pacific
region. US is expected to significantly contribute to the global market growth
owing to soaring population and health problems in this region. Increase in
expenditure and technological developments in the healthcare sector will boost
the market growth in Asia Pacific region.
Key players in this medical equipment maintenance market are GE
Healthcare (A General Electric Company), Siemens Healthineers (A Division
of Siemens AG), Koninklijke Philips N.V., Canon Inc., FUJIFILM Holdings
Corporation, Aramark Services, Inc., Althea (Previously Pantheon Healthcare
Group, A Part of Permira Group), Drägerwerk AG & Co. KGaA, Agfa-Gevaert
Group,B. Braun Melsungen AG, Carestream Health, Inc. (Subsidiary of Onex
Corporation), Olympus Corporation, Bc Technical, Inc. (Part of Alpha Source
Group), Hitachi Medical Corporation (Hitachi, Ltd.) and Karl Storz GmbH &
Co. Kg.
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Global Medical Equipment Maintenance Market Segmentation:
By Device Type:
● Imaging
Equipment
○ Advanced
Imaging Modalities
■ CT
■ X-ray
■ Other Advanced Imaging Modalities
○ Primary
Imaging Modality
■ Digital X-ray
■ Ultrasound
■ Other Primary Medical Imaging Modalities
● Electro-medical
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 Type:
● Original
Equipment Manufacturer (OEM)
● Independent
Service Organizations (ISO)
● In-house
Maintenance
By Region:
● North
America
● Asia
Pacific
● Latim
America
● Rest
of the World
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Competitive Landscape:
•
Tier 1 players- established companies in the market with a major market
share
•
Tier 2 players
•
Emerging players which are growing rapidly
•
New Entrants
FutureWise
Key Takeaways:
● SWOT
analysis
● New
advancements in the maintenance of medical equipment
● Innovation
in service offerings and use of IoT
Objectives
of the Study:
● To
provide with an exhaustive analysis on the medical equipment maintenance market
by device, by service, by the service provider and by region
● To
cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
● To
evaluate and forecast micro-markets and the overall market
● To
predict the market size, in key regions (along with countries)— North America,
Europe, Asia Pacific, Latin America and the rest of the world
● To
record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
● Profiling
of companies to evaluate their market shares, strategies, financials and core
competencies
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Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
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Website: www.futurewiseresearch.com
Contact Person: Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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