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. Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=2321&page=requestsample 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 ● Europe ● Asia Pacific ● Latim America ● Rest of the World Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=2321&page=askfordiscount 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 Table of Contents 1 Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Markets Covered 1.3.2 Years Considered for the Study 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2 Research Methodology 2.1 Market Size Estimation 2.2 Market Breakdown and Data Triangulation 2.3 Assumptions for the Study 3 Executive Summary 4 Premium Insights 4.1 Medical Equipment Management Market Overview 4.2 Global Market, By Device Type & Region (2019) 4.3 Imaging Equipment Maintenance Market, By Modality, 2019 vs 2026 (USD Billion) 4.4 Global Market, By Service Type, 2019 vs 2026 (USD Billion) 4.5 Global Market, By Service Provider, 2019 vs 2026 (USD Billion) 4.6 Global Market: Geographical Snapshot 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Growth in the Associated Equipment Markets 5.2.1.2 Rising Focus on Preventive Medical Equipment Maintenance 5.2.1.3 Adoption of Innovative Funding Mechanisms 5.2.1.4 Increasing Purchase of Refurbished Medical Systems 5.2.2 Restraints 5.2.2.1 High Initial Cost and Significant Maintenance Expenditure 5.2.3 Opportunities 5.2.3.1 Innovation in Service Offerings and Use of IoT 5.2.3.2 Emergence of ISOs 5.2.4 Challenges 5.2.4.1 Survival of Players in A Highly Fragmented and Competitive Market 5.2.5 Trends 5.2.5.1 Preference for Multi-Vendor Contracts 5.2.5.2 Equipment Maintenance Insurance (EMI) Tools for Imaging Centers 6 Regulatory Standards 6.1 Introduction 6.1.1 ISO Standards 6.1.1.1 ISO 9001:2015 6.1.1.2 ISO 13485:2016 7 Medical Equipment Maintenance Market, By Device Type 7.1 Introduction 7.2 Imaging Equipment 7.2.1 Advanced Imaging Modalities 7.2.1.1 CT 7.2.1.2 MRI 7.2.1.3 Other Advanced Medical Imaging Modalities 7.2.2 Primary Imaging Modalities 7.2.2.1 Digital X-Ray 7.2.2.2 Ultrasound 7.2.2.3 Other Primary Medical Imaging Modalities 7.3 Electromedical Equipment 7.4 Endoscopic Devices 7.5 Surgical Instruments 7.6 Other Medical Equipment 7.6.1 Life Support Devices 7.6.2 Dental Equipment 8 Medical Equipment Maintenance Market, By Service Type 8.1 Introduction 8.2 Preventive Maintenance 8.3 Corrective Maintenance 8.4 Operational Maintenance 9 Medical Equipment Maintenance Market, By Service Provider 9.1 Introduction 9.2 Original Equipment Manufacturers 9.2.1 Multi-Vendor OEMs 9.2.2 Single-Vendor OEMs 9.3 Independent Service Organizations 9.4 In-House Maintenance 10 Medical Equipment Maintenance Market, By End User 10.1 Introduction 10.2 Public Organizations 10.3 Private Organizations 11 Medical Equipment Maintenance Market, By Region 11.1 Introduction 11.2 North America 11.2.1 US 11.2.2 Canada 11.3 Europe 11.3.1 Germany 11.3.2 France 11.3.3 UK 11.3.4 Italy 11.3.5 Spain 11.3.6 RoE 11.4 Asia 11.4.1 Japan 11.4.2 China 11.4.3 India 11.4.4 RoA 11.5 RoW 12 Competitive Landscape 12.1 Overview 12.2 Market Ranking Analysis 12.3 Competitive Situation and Trends 12.3.1 Agreements, Partnerships, and Collaborations 12.3.2 Service Launches 12.3.3 Acquisitions 12.3.4 Expansions 13 Company Profiles (Introduction, Products & Services, Strategy, & Analyst Insights, Developments, FutureWise Perspective)* 13.1 GE Healthcare (A General Electric Company) 13.2 Siemens Healthineers (A Division of Siemens AG) 13.3 Koninklijke Philips N.V. 13.4 Canon Inc. 13.5 FUJIFILM Holdings Corporation 13.6 Aramark Services, Inc. 13.7 Althea (Previously Pantheon Healthcare Group, A Part of Permira Group) 13.8 Drägerwerk AG & Co. KGaA 13.9 Agfa-Gevaert Group 13.10 B. Braun Melsungen AG 13.11 Carestream Health, Inc. (Subsidiary of Onex Corporation) 13.12 Olympus Corporation 13.13 Bc Technical, Inc. (Part of Alpha Source Group) 13.14 Hitachi Medical Corporation (Hitachi, Ltd.) 13.15 Karl Storz GmbH & Co. Kg Inquire further details about this report at: [email protected] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com
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.
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