According to Markntel Advisors Report, Medical Equipment Maintenance & Repair Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Medical equipment is used to assess patients’ health precisely by diagnosing, monitoring, and treating patients in healthcare settings. The equipment includes various devices like MRI and CT scanners, surgical instruments, laboratory equipment, and patient monitoring devices. To ensure the accuracy and safety of these devices, regular maintenance and repair are crucial to prevent equipment failure. Proper maintenance enhances the device’s lifespan and functioning and effective repair procedures reduce downtime.

 

Medical Equipment Maintenance & Repair Market Research Report & Summary:

The Global Medical Equipment Maintenance & Repair Market was valued at around USD 55 billion in 2024 and is projected to reach USD 92 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.8% during the forecast period, i.e., 2025-30.                

Time Period Captured in the Report:

• Historical Years: 2020-2023
• Base Years: 2024
• Forecast Years: 2025-2030

Who are the Key Players Operating in the Medical Equipment Maintenance & Repair Market?

The top companies of the Medical Equipment Maintenance & Repair Market ruling the industry are: 

GE Healthcare, Koninklijke Philips N.V., Zimmer Biomet, Medtronic, Olympus Corporation, Siemens Healthcare GmbH, Carestream Health, Shimadzu Corporation, Boston Scientific Corporation, Terarecon, Inc., Hoya Corporation, Smith+Nephew, DirectMed Imaging, and Others

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What is included in Medical Equipment Maintenance & Repair Market Segmentation?

The Medical Equipment Maintenance & Repair Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

• By Device Type
  • Diagnostic Imaging Equipment – Market Size & Forecast 2020-2030F, USD Million
    • MRI System – Market Size & Forecast 2020-2030F, USD Million
    • CT Scanners – Market Size & Forecast 2020-2030F, USD Million
    • X-Ray System – Market Size & Forecast 2020-2030F, USD Million
    • Ultrasound System – Market Size & Forecast 2020-2030F, USD Million
    • Others – Market Size & Forecast 2020-2030F, USD Million
  • Patient Monitoring & Life Support Devices – Market Size & Forecast 2020-2030F, USD Million
    • Ventilators – Market Size & Forecast 2020-2030F, USD Million
    • Anesthesia Monitoring Equipment – Market Size & Forecast 2020-2030F, USD Million
    • Dialysis Equipment – Market Size & Forecast 2020-2030F, USD Million
    • Others – Market Size & Forecast 2020-2030F, USD Million
  • Endoscopic Devices – Market Size & Forecast 2020-2030F, USD Million
  • Surgical Equipment – Market Size & Forecast 2020-2030F, USD Million
  • Electrosurgical Equipment – Market Size & Forecast 2020-2030F, USD Million
  • Dental Equipment – Market Size & Forecast 2020-2030F, USD Million
    • Dental Radiology Equipment – Market Size & Forecast 2020-2030F, USD Million
    • Dental Laser Devices – Market Size & Forecast 2020-2030F, USD Million
  • Others – Market Size & Forecast 2020-2030F, USD Million
• By Service Providers
  • In-House Maintenance – Market Size & Forecast 2020-2030F, USD Million
  • Original Equipment Manufacturers (OEM) – Market Size & Forecast 2020-2030F, USD Million
    • Multi Vendors OEM – Market Size & Forecast 2020-2030F, USD Million
    • Single Vendors OEM – Market Size & Forecast 2020-2030F, USD Million
  • Independent Service Organization – Market Size & Forecast 2020-2030F, USD Million
• By Service Type
  • Preventive Maintenance – Market Size & Forecast 2020-2030F, USD Million
  • Corrective Maintenance – Market Size & Forecast 2020-2030F, USD Million
  • Operational Maintenance – Market Size & Forecast 2020-2030F, USD Million
• By End User
  • Hospitals – Market Size & Forecast 2020-2030F, USD Million
  • Clinics – Market Size & Forecast 2020-2030F, USD Million
    • Dental Clinics – Market Size & Forecast 2020-2030F, USD Million
    • Specialty – Market Size & Forecast 2020-2030F, USD Million
  • Laboratory – Market Size & Forecast 2020-2030F, USD Million
  • Ambulatory Surgical Centers – Market Size & Forecast 2020-2030F, USD Million
  • Dialysis Centers – Market Size & Forecast 2020-2030F, USD Million
  • Others – Market Size & Forecast 2020-2030F, USD Million
• By Region
  • North America – Market Size & Forecast 2020-2030F, USD Million
  • South America – Market Size & Forecast 2020-2030F, USD Million
  • Europe – Market Size & Forecast 2020-2030F, USD Million
  • The Middle East & Africa – Market Size & Forecast 2020-2030F, USD Million
  • Asia-Pacific – Market Size & Forecast 2020-2030F, USD Million

Explore the Complete Medical Equipment Maintenance & Repair Market Analysis Report – https://www.marknteladvisors.com/research-library/medical-equipment-maintenance-repair-market.html

Medical Equipment Maintenance & Repair Market Driver:

Escalating Elderly Population and Chronic Diseases – The Global Medical Equipment Maintenance & Repair Market is driven by the increasing elderly population and multiple chronic diseases. According to the report of WHO the global elderly population, more than 60 years, was 1 billion in 2020 and expected to be 2.1 billion by 2050. This population often required medical help for various chronic conditions like heart disease, arthritis, and diabetes, escalating the need for medical devices and their regular maintenance.

The global diabetic cases are predicted to be approximately 640 million by 2030 from 530 million in 2024. Also, cancer cases are increasing with more than 20 million new cases in 2022 and almost 10 million died from the disease. These rising cases necessitate the continuous use of several medical equipment for diagnosis, screening, and treating the patient. The requirement of the equipment in the long term obligates the timely maintenance and repair services for their smooth functioning, optimal performance, and further amplifying the market growth.

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