Medical Equipment Maintenance Market – Rising Preference for Multi-Vendor Contracts is Boosting the Global Industry Growth

The growth of the market is primarily driven by the growth in associated equipment markets, rising focus on preventive maintenance, adoption of innovative funding mechanism, and growing purchase of refurbished medical equipment.

Years considered for this report


# 2016 –  Base Year
# 2017 –  Estimated Year
# 2022 – Projected Year

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The objectives of this study are as follows:

  • To define, describe, and forecast the medical equipment maintenance market on the basis of device type, service type, service provider, end user, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the market
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the size of market segments with respect to four regions, namely, North America, Europe, Asia, and the Rest of the World (RoW)
  • To profile key players and comprehensively analyze their product portfolios, market positions, and core competencies
  • To track and analyze competitive developments such as agreements, partnerships, collaborations, mergers & acquisitions, and expansions in the medical equipment maintenance market

The market is dominated by North America, followed by Europe, Asia, and RoW. However, the market in the Asia is expected to witness the highest growth during the forecast period. The high growth in the Asia market can be attributed to the increasing patient population, rising awareness on the benefits of early disease diagnosis, increasing public and private funding for the development of healthcare facilities, government initiatives for the modernization of healthcare infrastructure and provision of quality care, and growing medical tourism in Asian countries.

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The medical equipment maintenance market is highly fragmented in nature with several big as well as emerging players. Prominent players in this market include GE Healthcare (U.S.), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), Toshiba Medical System Corporation (Japan), FUJIFILM Holdings Corporation (Japan), Carestream Health, Inc. (U.S.), Agfa-Gevaert Group (Belgium), Drägerwerk AG & Co. KGaA (Germany), Hitachi Medical Corporation (Japan), Aramark Services, Inc. (U.S.), TBS Group S.p.A. (Italy), Pantheon Healthcare Group (Italy), Olympus Corporation (Japan), B. Braun Melsungen AG (Germany), and BC Technical, Inc. (U.S.).

Target Audience for this Report:

  • Medical equipment manufacturers and suppliers
  • Independent services organizations (ISOs)
  • Healthcare institutions (hospitals and outpatient clinics)
  • Academic institutes and universities
  • Distributors and suppliers of electromedical equipment and services
  • Research and consulting firms

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