Health Industry

Medical Equipment Maintenance Market Detailed Study with Growth Factors, Drivers and Key Players Hitachi, Siemens, Toshiba, Philips, Aramark, Dräger, UHS

Press Release

An effective medical equipment maintenance program consists of adequate planning, management and implementation. Planning considers the financial, physical and human resources required to adequately implement the maintenance activities. Once the program has been defined, financial, personnel and operational aspects are continually examined and managed to ensure the program continues uninterrupted and improves as necessary. Ultimately, proper implementation of the program is key to ensuring optimal equipment functionality.

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Scope of the Report:

A maintenance strategy includes procedures for inspection, as well as preventive and corrective maintenance. Medical equipment maintenance can be divided into two major categories (by strategy): inspection and preventive maintenance (IPM), and corrective maintenance (CM); on the basis of modality, there have advance and primary two segments; by manufactures, there are three types: Single Vendor OEM, Multi-Vendor OEM and Independent Service Organizations.

By Market Players: GE, Althea(Pantheon), Hitachi, Siemens, Toshiba, Philips, Aramark, Dräger, UHS, Fujifilm, Esaote

The medical equipment maintenance market is highly competitive. On the basis of modality, the advanced modality segment dominates the market, with a share of 58% in 2015. The major players include GE, Pantheon, Hitachi, Siemens, Toshiba, Philips, Aramark, Dräger, UHS, Fujifilm, Esaote and etc.

Geographically, the medical equipment maintenance market is segmented into North America (45%), Europe (30%), Japan (9%), China (6%), and the Rest of the World. In 2015, North America is expected to dominate the market, followed by Europe. However, Asia is expected to grow at the highest CAGR of 18% each during the forecast period. Factors such as increasing public and private funding for the development of healthcare facilities, increasing awareness about diagnosing diseases at an early stage, rising patient population, and growing number of technologically advanced diagnostic imaging systems are likely to propel the growth of this market.

This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of medical equipment maintenance starch will increase.

The global Medical Equipment Maintenance market is valued at 1520 million USD in 2018 and is expected to reach 3510 million USD by the end of 2024, growing at a CAGR of 15.0% between 2019 and 2024.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Medical Equipment Maintenance.

The content of the study subjects, includes a total of 15 chapters:

  • Chapter 1, to describe Medical Equipment Maintenance product scope, market overview, market opportunities, market driving force and market risks.
  • Chapter 2, to profile the top manufacturers of Medical Equipment Maintenance, with price, sales, revenue and global market share of Medical Equipment Maintenance in 2017 and 2018.
  • Chapter 3, the Medical Equipment Maintenance competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
  • Chapter 4, the Medical Equipment Maintenance breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
  • Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
  • Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
  • Chapter 12, Medical Equipment Maintenance market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
  • Chapter 13, 14 and 15, to describe Medical Equipment Maintenance sales channel, distributors, customers, research findings and conclusion, appendix and data source.

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