Medical Equipment Maintenance Market worth $80.7 billion | MarketsandMarkets

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69695102 Download an Illustrative overview:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69695102 Browse in-depth TOC on "Medical Equipment Maintenance Market"241 - Tables53 - Figures 319 - Pages Medical Equipment Maintenance Market Scope: The diagnostic imaging equipment segment is to register a significant growth rate over the forecast period of 2023-2028...

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=69695102

Browse in-depth TOC on "Medical Equipment Maintenance Market"
241 - Tables
53 - Figures
319 - Pages

Medical Equipment Maintenance Market Scope:

The diagnostic imaging equipment segment is to register a significant growth rate over the forecast period of 2023-2028.

Based on the device type, the medical equipment maintenance is segmented into diagnostic imaging equipment, patient monitoring and life support devices, surgical equipment, endoscopic devices, ophthalmology equipment, medical lasers, electrosurgical equipment, radiotherapy devices, laboratory equipment, dental equipment, and durable medical equipment. Over the forecast period of 2023-2028, the diagnostic imaging equipment segment is to register a significant growth rate. The key factor encouraging the growth of this segment during the forecast period is the need to ensure maximum equipment uptime, and their substantial replacement cost is increasing demand for maintenance services for diagnostic imaging equipment. The diagnostic imaging equipment segment is further divided into CT scanners, MRI systems, ultrasound systems, X-ray systems, mammography systems, angiography systems, and fluoroscopy systems.

The preventive maintenance segment accounted for the largest share of medical equipment maintenance in 2023-2028.

Based on service type, the medical equipment maintenance is segmented into operational, corrective, and preventive maintenance. The preventive maintenance segment is estimated to hold the largest market share of the medical equipment maintenance market during the forecast period. The consequent need for preventive maintenance of medical devices and the technological advancements in medical devices lead to a large share of this segment.

The multi-vendor OEMs segment accounted for the largest share of medical equipment maintenance in 2023-2028.

Based on the service provider, medical equipment maintenance is segmented into single-vendor OEMs, multi-vendor OEMs, ISOs, and in-house maintenance. The multi-vendor OEMs segment is estimated to hold the largest market share of the medical equipment maintenance market during the forecast period. The large share of this segment can be attributed to their service quality, strong technical expertise, wide geographic presence, and easy access to spare parts (resulting in reduced downtime). Also, multi-vendor service contracts eliminate the complexity of dealing with multiple external suppliers and OEMs.

Germany registered the highest CAGR in the market during the forecast period.

In 2023, Germany is expected to register the highest CAGR in the European market for medical equipment maintenance during the forecast period. Europe comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. Factors such as the growth of service providers (both OEMs and the ISOs and also in-house maintenance) in the region, evolving healthcare infrastructure post-COVID-19 pandemic, and favorable investment scenario in the country are driving the growth of the German medical equipment maintenance market during the forecast period.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=69695102

Medical Equipment Maintenance Market Dynamics:

Drivers:

1.  Rise in focus on preventive maintenance of medical equipment

Restraints:

1.  Significant maintenance expenditure and high initial cost

Opportunities:

1.  Innovation in service offerings and use of IoT

Challenge:

1.  Dearth of skilled technicians and biomedical engineers

Key Market Players:

As of 2022, prominent players in medical equipment maintenance are GE Healthcare Technologies Inc. (US), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), Medtronic plc (Ireland), and FUJIFILM Holdings Corporation (Japan) among others.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=69695102

Medical Equipment Maintenance Market Advantages:

In summary, the medical equipment maintenance market offers a range of advantages that contribute to cost savings, regulatory compliance, patient safety, and overall operational efficiency in healthcare settings.

Recent Developments:

Related Reports:

Ultrasound Market - Global Forecasts to 2028

Diagnostic Imaging Market - Global Forecasts to 2028

Endoscopy Equipment Market - Global Forecasts to 2027

Top 10 Medical Device Technologies Market - Global Forecasts to 2027

European Medical Equipment Maintenance Market - Global Forecasts to 2027

About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/medical-equipment-maintenance-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/medical-equipment-maintenance.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/medical-equipment-maintenance-market-worth-80-7-billion--marketsandmarkets-301935898.html