According to FutureWise analysis the market for Medical Equipment Maintenance in 2023 was US$ 48.8 billion, and is expected to reach US$ 111.01 billion by 2031 at a CAGR of 10.82%.
Medical device maintenance is critical for obtaining safe, accurate, and reliable test results for diagnostic procedures, monitoring patient therapy, and avoiding medical device failure. Medical equipment maintenance can be divided into three types: preventive, corrective, and operational. Proper and adequate medical equipment maintenance planning, management, and implementation are required for any healthcare institution to provide superior healthcare services while meeting regulatory standards. Medical equipment is any device used to carefully examine people's health, from diagnostics to operations and treatments. These devices must be maintained in order to preserve and improve the precision and accuracy of medical equipment maintenance. Medical equipment maintenance ensures that the devices are error-free and function properly.
One of the main factors supporting the expansion of the market for medical equipment maintenance is the growing emphasis on preventative maintenance of medical equipment. The focus on the preventative maintenance of medical equipment has increased over the past few years as healthcare facilities aim to improve patient safety and the standard of treatment. This calls for a well-planned program where regular upkeep tasks are completed to avoid bigger, costlier issues in the future. Also, it aids in lowering equipment downtime, which raises device reliability and optimises daily operations. Preventive maintenance is becoming more and more popular for medical equipment as planned inspections and maintenance on medical devices assist in preventing negative incidences and mishaps involving medical devices. The safety, effectiveness, and long-term usage of medical equipment are all guaranteed by routine maintenance services.
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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)
Multi-vendor OEMs
Single-vendor OEMs
Independent service organizations (ISO)
In-house maintenance
By End-User
Public Organizations
Private Organizations
By Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape in Medical Equipment Maintenance Market:
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 AGCo. 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.)
Karl Storz GmbHCo. Kg.
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**Objectives of this Study: **
To provide a comprehensive analysis of the Medical Equipment Maintenance Market By Device Type, By Service Type, By Service Provider Type, By End User and By Region.
To offer detailed insights into factors such as drivers, restraints, trends, and opportunities, as well as segmental and regional influences on market growth.
To evaluate current market trends and forecast micro-markets, presenting overall market projections in the form of data sets and PowerPoint presentations.
To predict the market size in key regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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