Medical Equipment Maintenance Market Players: Medtronic, Aramark, BC Technical, Inc., And Althea Group

 Medical Equipment Maintenance Industry Overview

The global medical equipment maintenance market size was valued at USD 35.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.9% from 2021 to 2027. Growing global demand for medical devices, rising prevalence of life-threatening diseases leading to higher diagnostic rates, and rising demand for the refurbished medical equipment are expected to drive the market for medical device maintenance during the forecast period. Currently, several medical devices such as syringe pumps, electrocardiographs, X-ray units, centrifuge, ventilator units, ultrasound, and autoclave are available in the healthcare industry. These are used for treatment, diagnosis, analysis, and educational purposes across the healthcare industry.

As most medical devices are sophisticated, complex, and expensive, their maintenance is a very critical task. Maintenance of medical devices ensures that the devices are error free and operating accurately. In addition, its role in reducing errors, calibration, and risk of contamination is expected to contribute to market growth. Moreover, in the coming years, the requirement of technological expertise in remote maintenance and management of devices is expected to grow. This trend, in turn, is anticipated to drive strategic decisions for the industry.

Gather more insights about the market drivers, restrains and growth of the Global Medical Equipment Maintenance market

Furthermore, increasing global disposable income, rising medical device approvals, and growing adoption of new technologies in emerging countries are projected to further fuel the sales of medical devices, in turn, promoting the maintenance demand. Due to the growing geriatric population, higher expenditure is witnessed for remote patient monitoring devices. And these devices require higher maintenance, which is expected to carry on over the forecast period, thus contributing to the market revenue.

As per a survey carried out by the Population Reference Bureau in 2019, at present, there are over 52 million people in the U.S. aged 65 years and above. Whereas, this number is anticipated to increase to 61 million by 2027. The geriatric population presents a greater exposure to chronic conditions, such as diabetes, cancer, and other lifestyle chronic disorders. Hospitals and healthcare delivering facilities also significantly contribute to medical equipment maintenance revenue.


Browse through Grand View Research's Medical Devices Industry Research Reports.

  • Infection Control Market - The global infection control market size was estimated at USD 201.4 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030. The market is predominantly driven by growing number of surgical procedures that require high-intensity infection prevention. The high preference is presumed to be a consequence of positive clinical outcomes associated with usage of infection control.

 

  • Vital Signs Monitoring Devices Market - The global vital signs monitoring devices market size was valued at USD 8.6 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% from 2022 to 2030. Constant innovation in products, increasing demand for home healthcare services, rising number of healthcare settings, primarily hospitals, and rising prevalence of chronic disorders are the key drivers responsible for the lucrative growth of this market.

 

Medical Equipment Maintenance Market Segmentation

Grand View Research has segmented the global medical equipment maintenance market based on equipment, service, and region:

Medical Equipment Maintenance Equipment Outlook (Revenue, USD Million, 2016 - 2027)

  • Imaging Equipment
  • Electromedical Equipment
  • Endoscopic Devices
  • Surgical Instruments
  • Other Medical Equipment

 

Medical Equipment Maintenance Service Outlook (Revenue, USD Million, 2016 - 2027)

  • Preventive Maintenance
  • Corrective Maintenance
  • Operational Maintenance

 

Medical Equipment Maintenance Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

 

Key Companies profiled:

Some prominent players in the global Medical Equipment Maintenance market include

  • GE Healthcare
  • Siemens Healthineers
  • Koninklijke Philips N.V.
  • Drägerwerk AG & Co. KGaA
  • Medtronic
  • Braun Melsungen AG
  • Aramark
  • BC Technical, Inc.
  • Alliance Medical Group
  • Althea Group

 

Order a free sample PDF of the Medical Equipment Maintenance Market Intelligence Study, published by Grand View Research.

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Comments

Post a Comment

Popular posts from this blog

Drug Addiction - Pipeline Review, H1 2017 Market Overview and trends research report

Radiant insights, inc latest Pharmaceutical and Healthcare disease pipeline guide Drug Addiction - Pipeline Review, H1 2017, provides an overview of the Drug Addiction (Central Nervous System) pipeline landscape. Drug addiction, also called substance dependence or chemical dependency, is a disease that is characterized by a destructive pattern of drug abuse that leads to significant problems involving tolerance to or withdrawal from the substance. Drug addiction symptoms or behaviors include recurrent drug use that results in a lack of meeting important obligations at work, school, or home, inability to sleep, awake at unusual times, unusual laziness, loss of or increased in appetite, changes in eating habits, cold, sweaty palms; shaking hands., red, watery eyes; pupils larger or smaller than usual and unusual smells on breath, body or clothes. Report Highlights Radiant insights, inc Pharmaceutical and Healthcare latest pipeline guide Drug Addiction - Pipeline Review, H1 2017, p...
Read more

All Countries Dialyzer Industry 2013-2028 - Market Size, Share, Outlook, Growth, Key Players and Forecast

The global Dialyzer market was valued at $XX million in 2018, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028. This report provides detailed historical analysis of global market for Dialyzer from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Dialyzer market. Download Free Sample Report @ https://www.radiantinsights.com/research/2013-2028-report-on-global-dialyzer-market/request-sample Leading players of Dialyzer including: • Fresenius Medical Care • Baxter • Nipro • Asahi Kasei • Toray • B.Braun • Nikkiso • Medtronic • Kawasumi • Medica • Wego • Lengthen • Peony Medical • Chengdu OCI • Bain Medical Equipment Market split by Type, can be divided into: • Flat Type Dialyzer • Coil Tube Dialyzer • Ho...
Read more

Insights into the Medical Waste Disposal Category: A Comprehensive Procurement Intelligence Report

  Medical Waste Disposal Category Overview The medical waste disposal category is anticipated to grow at a CAGR of 6.0% from 2023 to 2030. Appropriate disposal of medical trash is the key challenge for healthcare providers across the globe. Rising awareness about the benefits of proper medical waste management for treatment, recycling, and disposal of medical trash has boosted the growth of the category. According to the World Health Organization Study Report 2022, countries with low income generate over 0.2 kg of medical trash per day per hospital bed, whereas countries with high income generate hazardous waste of up to 0.5 kg per hospital bed each day. Moreover, rising government initiatives and strict rules and regulations for waste management are also expected to drive the category. For instance, in December 2022, an MOU was signed between the Center for Health Environment Research and Development and Can Tho Central General Hospital under USAID’s Reducing Pollution Project. T...
Read more