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03-Mar-2021

Global Medical Equipment Maintenance Market To Account To USD 70.87 Billion By 2027 Growing At A CAGR Of 10.45% GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Agfa-Gevaert Group., Canon Inc., Drägerwerk AG & Co. KGaA, Medtronic, Hitachi, Ltd., FUJIFILM Holdings Corporation

Medical equipment maintenance market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 70.87 billion by 2027 growing at a CAGR of 10.45% in the above-mentioned forecast period. The growing focus on preventive medical equipment maintenance will help in driving the growth of the medical equipment maintenance market.

Rising preference on purchase of refurbished medical equipment’s, increasing investment of the companies in building healthcare infrastructure, technological advancement and rising public-private partnership will likely to accelerate the growth of the medical equipment maintenance market in the forecast period of 2020-2027. On the other hand, growing strategies incorporated by various companies and untapped potential among emerging countries will further boost various opportunities that will lead to the growth of the medical equipment maintenance market in the above mentioned forecast period.

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This medical equipment maintenance market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on medical equipment maintenance market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Medical Equipment Maintenance Market Scope and Market Size

Medical equipment maintenance market is segmented on the basis of device type, service type, service provider and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

  • Based on device type, the medical equipment maintenance market is segmented into imaging equipment, endoscopic device, surgical instrument, electro-medical equipment, dental equipment, life support devices. The imaging equipment is further sub- segmented into advanced imaging modalities and primary imaging modalities. The advanced imaging modalities are further classified into CT, MRI and other advanced medical imaging modalities. The primary imaging modalities are further classified into digital X-ray, ultrasound and other primary medical imaging modalities.
  • On the basis of service type, the medical equipment maintenance market is segmented into preventive maintenance, corrective maintenance and operational maintenance.

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The countries covered in the medical equipment maintenance market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the medical equipment maintenance market with the U.S. holding the first position due to rising aging population and growing lifestyle-related diseases, providing access to quality healthcare, well-established healthcare infrastructure, high adoption of advanced technology, and the presence of well-established players, while Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to growing awareness on the benefits of early disease diagnosis, growing public and private funding for the development of healthcare facilities, increase in government initiatives for the modernization of healthcare infrastructure & provision of quality care along with the growing medical tourism.

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Medical equipment maintenance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to medical equipment maintenance market.

The major players covered in the medical equipment maintenance market report are GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V., Agfa-Gevaert Group., Canon Inc., Drägerwerk AG & Co. KGaA, Medtronic, Hitachi, Ltd., FUJIFILM Holdings Corporation, B. Braun Melsungen AG and HOYA Corporation. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Last Updated: 03-Mar-2021