Medical equipment maintenance market size to increase by USD 39.28 billion | The product innovation and advances leading to portfolio extension and product premiumization drives the market growth- Technavio

NEW YORK, Oct. 23, 2023 /PRNewswire/ — The Medical Equipment Maintenance Market by Type, End-user and Geography – Forecast and Analysis 2023-2027 report has been published by Technavio. Market size is forecast to grow by USD 39.28 billion between 2022 and 2027 at a CAGR of 12.01%. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 34,885.29 million. The market is driven by factors such as product innovation and advances leading to portfolio extension and product premiumization, increasing demand for UHD medical equipment maintenance, and rising popularity of large-display medical equipment maintenance. However, the demand-supply gap associated with LCD panels is hindering market growth.The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF Sample Report

Regional Analysis

By region, the global medical equipment maintenance market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America will account for 36% of market growth during the forecast period. Factors such as favorable reimbursement policies, increasing expenditures and initiatives in health care, growing awareness among the general population about chronic diseases and the importance of health, and the rise in the number of product approvals are driving the growth of the medical equipment maintenance market in North America. Buy the report

Company Profiles

The medical equipment maintenance market report includes information on the key products and recent developments of leading vendors, including:

Agfa Gevaert NV – The company offers medical equipment maintenance services through Agfa Service Maintenance.Althea Group S.p.A. – The company offers medical equipment maintenance services through Managed Equipment Services.Aramark – The company offers medical equipment maintenance services through Aramark Healthcare+.B Braun Melsungen AG – The company offers medical equipment maintenance services such as cleaning and sterilization of surgical instruments through AESCULAP Aicon container system.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Request a Sample

Market Segmentation

By type, the market is segmented into healthcare systems, pharmaceutical diagnostics, and others. The healthcare systems segment accounted for the largest share of the market in 2022.By geography, the market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America held the largest share of the market in 2022.

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What are the key data covered in this medical equipment maintenance market report?

CAGR of the market during the forecast period.Detailed information on factors that will drive the growth of the market between 2023 and 2027Precise estimation of the size of the medical equipment maintenance market and its contribution to the parent market.Accurate predictions about upcoming trends and changes in consumer behavior.Growth of the market across North America, Europe, Asia, and Rest of World (ROW).A thorough analysis of the market’s competitive landscape and detailed information about vendors.Comprehensive analysis of factors that will challenge the growth of medical equipment maintenance market vendors. 

Table of contents:

1 Executive Summary

1.1 Market overview Exhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by TypeExhibit 06: Executive Summary – Chart on Market Segmentation by End-userExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem Exhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 20223.4 Market outlook: Forecast for 2022-2027 Exhibit 14: Chart on Global – Market size and forecast 2022-2027 (USD million)Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 (USD million)Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global medical equipment maintenance market 2017 – 2021Exhibit 18: Historic Market Size – Data Table on Global medical equipment maintenance market 2017 – 2021 (USD million)4.2 Type Segment Analysis 2017 – 2021 Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 (USD million)4.3 End user Segment Analysis 2017 – 2021 Exhibit 20: Historic Market Size – End user Segment 2017 – 2021 (USD million)4.4 Geography Segment Analysis 2017 – 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 (USD million)4.5 Country Segment Analysis 2017 – 2021 Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 (USD million)

5 Five Forces Analysis

5.1 Five forces summary Exhibit 23: Five forces analysis – Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalry Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market condition Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments Exhibit 30: Chart on Type – Market share 2022-2027 (%)Exhibit 31: Data Table on Type – Market share 2022-2027 (%)6.2 Comparison by Type Exhibit 32: Chart on Comparison by TypeExhibit 33: Data Table on Comparison by Type6.3 Healthcare systems – Market size and forecast 2022-2027Exhibit 34: Chart on Healthcare systems – Market size and forecast 2022-2027 (USD million)Exhibit 35: Data Table on Healthcare systems – Market size and forecast 2022-2027 (USD million)Exhibit 36: Chart on Healthcare systems – Year-over-year growth 2022-2027 (%)Exhibit 37: Data Table on Healthcare systems – Year-over-year growth 2022-2027 (%)6.4 Pharmaceutical diagnostics – Market size and forecast 2022-2027 Exhibit 38: Chart on Pharmaceutical diagnostics – Market size and forecast 2022-2027 (USD million)Exhibit 39: Data Table on Pharmaceutical diagnostics – Market size and forecast 2022-2027 (USD million)Exhibit 40: Chart on Pharmaceutical diagnostics – Year-over-year growth 2022-2027 (%)Exhibit 41: Data Table on Pharmaceutical diagnostics – Year-over-year growth 2022-2027 (%)6.5 Others – Market size and forecast 2022-2027Exhibit 42: Chart on Others – Market size and forecast 2022-2027 (USD million)Exhibit 43: Data Table on Others – Market size and forecast 2022-2027 (USD million)Exhibit 44: Chart on Others – Year-over-year growth 2022-2027 (%)Exhibit 45: Data Table on Others – Year-over-year growth 2022-2027 (%)6.6 Market opportunity by Type Exhibit 46: Market opportunity by Type (USD million)

7 Market Segmentation by End-user

7.1 Market segments Exhibit 47: Chart on End-user – Market share 2022-2027 (%)Exhibit 48: Data Table on End-user – Market share 2022-2027 (%)7.2 Comparison by End-user Exhibit 49: Chart on Comparison by End-userExhibit 50: Data Table on Comparison by End-user7.3 Public sector organisations – Market size and forecast 2022-2027 Exhibit 51: Chart on Public sector organisations – Market size and forecast 2022-2027 (USD million)Exhibit 52: Data Table on Public sector organisations – Market size and forecast 2022-2027 (USD million)Exhibit 53: Chart on Public sector organisations – Year-over-year growth 2022-2027 (%)Exhibit 54: Data Table on Public sector organisations – Year-over-year growth 2022-2027 (%)7.4 Private sector organisations – Market size and forecast 2022-2027 Exhibit 55: Chart on Private sector organisations – Market size and forecast 2022-2027 (USD million)Exhibit 56: Data Table on Private sector organisations – Market size and forecast 2022-2027 (USD million)Exhibit 57: Chart on Private sector organisations – Year-over-year growth 2022-2027 (%)Exhibit 58: Data Table on Private sector organisations – Year-over-year growth 2022-2027 (%)7.5 Market opportunity by End-user Exhibit 59: Market opportunity by End-user (USD million)

8 Customer Landscape

8.1 Customer landscape overview Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation Exhibit 61: Chart on Market share by geography 2022-2027 (%)Exhibit 62: Data Table on Market share by geography 2022-2027 (%)9.2 Geographic comparison Exhibit 63: Chart on Geographic comparisonExhibit 64: Data Table on Geographic comparison9.3 North America – Market size and forecast 2022-2027Exhibit 65: Chart on North America – Market size and forecast 2022-2027 (USD million)Exhibit 66: Data Table on North America – Market size and forecast 2022-2027 (USD million)Exhibit 67: Chart on North America – Year-over-year growth 2022-2027 (%)Exhibit 68: Data Table on North America – Year-over-year growth 2022-2027 (%)9.4 Europe – Market size and forecast 2022-2027Exhibit 69: Chart on Europe – Market size and forecast 2022-2027 (USD million)Exhibit 70: Data Table on Europe – Market size and forecast 2022-2027 (USD million)Exhibit 71: Chart on Europe – Year-over-year growth 2022-2027 (%)Exhibit 72: Data Table on Europe – Year-over-year growth 2022-2027 (%)9.5 Asia – Market size and forecast 2022-2027Exhibit 73: Chart on Asia – Market size and forecast 2022-2027 (USD million)Exhibit 74: Data Table on Asia – Market size and forecast 2022-2027 (USD million)Exhibit 75: Chart on Asia – Year-over-year growth 2022-2027 (%)Exhibit 76: Data Table on Asia – Year-over-year growth 2022-2027 (%)9.6 Rest of World (ROW) – Market size and forecast 2022-2027Exhibit 77: Chart on Rest of World (ROW) – Market size and forecast 2022-2027 (USD million)Exhibit 78: Data Table on Rest of World (ROW) – Market size and forecast 2022-2027 (USD million)Exhibit 79: Chart on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)Exhibit 80: Data Table on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)9.7 US – Market size and forecast 2022-2027Exhibit 81: Chart on US – Market size and forecast 2022-2027 (USD million)Exhibit 82: Data Table on US – Market size and forecast 2022-2027 (USD million)Exhibit 83: Chart on US – Year-over-year growth 2022-2027 (%)Exhibit 84: Data Table on US – Year-over-year growth 2022-2027 (%)9.8 China – Market size and forecast 2022-2027Exhibit 85: Chart on China – Market size and forecast 2022-2027 (USD million)Exhibit 86: Data Table on China – Market size and forecast 2022-2027 (USD million)Exhibit 87: Chart on China – Year-over-year growth 2022-2027 (%)Exhibit 88: Data Table on China – Year-over-year growth 2022-2027 (%)9.9 Germany – Market size and forecast 2022-2027Exhibit 89: Chart on Germany – Market size and forecast 2022-2027 (USD million)Exhibit 90: Data Table on Germany – Market size and forecast 2022-2027 (USD million)Exhibit 91: Chart on Germany – Year-over-year growth 2022-2027 (%)Exhibit 92: Data Table on Germany – Year-over-year growth 2022-2027 (%)9.10 Canada – Market size and forecast 2022-2027Exhibit 93: Chart on Canada – Market size and forecast 2022-2027 (USD million)Exhibit 94: Data Table on Canada – Market size and forecast 2022-2027 (USD million)Exhibit 95: Chart on Canada – Year-over-year growth 2022-2027 (%)Exhibit 96: Data Table on Canada – Year-over-year growth 2022-2027 (%)9.11 UK – Market size and forecast 2022-2027Exhibit 97: Chart on UK – Market size and forecast 2022-2027 (USD million)Exhibit 98: Data Table on UK – Market size and forecast 2022-2027 (USD million)Exhibit 99: Chart on UK – Year-over-year growth 2022-2027 (%)Exhibit 100: Data Table on UK – Year-over-year growth 2022-2027 (%)9.12 Market opportunity by geography Exhibit 101: Market opportunity by geography (USD million)

10 Drivers, Challenges, and Trends

10.1 Market drivers10.2 Market challenges10.3 Impact of drivers and challenges Exhibit 102: Impact of drivers and challenges in 2022 and 202710.4 Market trends

11 Vendor Landscape

11.1 Overview11.2 Vendor landscape Exhibit 103: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruption Exhibit 104: Overview on factors of disruption11.4 Industry risks Exhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered Exhibit 106: Vendors covered12.2 Market positioning of vendors Exhibit 107: Matrix on vendor position and classification12.3 Agfa Gevaert NV Exhibit 108: Agfa Gevaert NV – OverviewExhibit 109: Agfa Gevaert NV – Business segmentsExhibit 110: Agfa Gevaert NV – Key offeringsExhibit 111: Agfa Gevaert NV – Segment focus12.4 AlphaSource Group Exhibit 112: AlphaSource Group – OverviewExhibit 113: AlphaSource Group – Product / ServiceExhibit 114: AlphaSource Group – Key offerings12.5 Althea Group S.p.A. Exhibit 115: Althea Group S.p.A. – OverviewExhibit 116: Althea Group S.p.A. – Product / ServiceExhibit 117: Althea Group S.p.A. – Key offerings12.6 Aramark Exhibit 118: Aramark – OverviewExhibit 119: Aramark – Business segmentsExhibit 120: Aramark – Key offeringsExhibit 121: Aramark – Segment focus12.7 B Braun Melsungen AG Exhibit 122: B Braun Melsungen AG – OverviewExhibit 123: B Braun Melsungen AG – Business segmentsExhibit 124: B Braun Melsungen AG – Key newsExhibit 125: B Braun Melsungen AG – Key offeringsExhibit 126: B Braun Melsungen AG – Segment focus12.8 Boston Scientific Corp. Exhibit 127: Boston Scientific Corp. – OverviewExhibit 128: Boston Scientific Corp. – Business segmentsExhibit 129: Boston Scientific Corp. – Key newsExhibit 130: Boston Scientific Corp. – Key offeringsExhibit 131: Boston Scientific Corp. – Segment focus12.9 Carestream Health Inc. Exhibit 132: Carestream Health Inc. – OverviewExhibit 133: Carestream Health Inc. – Product / ServiceExhibit 134: Carestream Health Inc. – Key offerings12.10 Dragerwerk AG and Co. KGaA Exhibit 135: Dragerwerk AG and Co. KGaA – OverviewExhibit 136: Dragerwerk AG and Co. KGaA – Business segmentsExhibit 137: Dragerwerk AG and Co. KGaA – Key offeringsExhibit 138: Dragerwerk AG and Co. KGaA – Segment focus12.11 FUJIFILM Corp. Exhibit 139: FUJIFILM Corp. – OverviewExhibit 140: FUJIFILM Corp. – Business segmentsExhibit 141: FUJIFILM Corp. – Key newsExhibit 142: FUJIFILM Corp. – Key offeringsExhibit 143: FUJIFILM Corp. – Segment focus12.12 General Electric Co. Exhibit 144: General Electric Co. – OverviewExhibit 145: General Electric Co. – Business segmentsExhibit 146: General Electric Co. – Key newsExhibit 147: General Electric Co. – Key offeringsExhibit 148: General Electric Co. – Segment focus12.13 Hitachi Ltd. Exhibit 149: Hitachi Ltd. – OverviewExhibit 150: Hitachi Ltd. – Business segmentsExhibit 151: Hitachi Ltd. – Key newsExhibit 152: Hitachi Ltd. – Key offeringsExhibit 153: Hitachi Ltd. – Segment focus12.14 Koninklijke Philips NV Exhibit 154: Koninklijke Philips NV – OverviewExhibit 155: Koninklijke Philips NV – Business segmentsExhibit 156: Koninklijke Philips NV – Key newsExhibit 157: Koninklijke Philips NV – Key offeringsExhibit 158: Koninklijke Philips NV – Segment focus12.15 Medtronic Plc Exhibit 159: Medtronic Plc – OverviewExhibit 160: Medtronic Plc – Business segmentsExhibit 161: Medtronic Plc – Key newsExhibit 162: Medtronic Plc – Key offeringsExhibit 163: Medtronic Plc – Segment focus12.16 Samsung Electronics Co. Ltd. Exhibit 164: Samsung Electronics Co. Ltd. – OverviewExhibit 165: Samsung Electronics Co. Ltd. – Business segmentsExhibit 166: Samsung Electronics Co. Ltd. – Key newsExhibit 167: Samsung Electronics Co. Ltd. – Key offeringsExhibit 168: Samsung Electronics Co. Ltd. – Segment focus12.17 Siemens AG Exhibit 169: Siemens AG – OverviewExhibit 170: Siemens AG – Business segmentsExhibit 171: Siemens AG – Key newsExhibit 172: Siemens AG – Key offeringsExhibit 173: Siemens AG – Segment focus

13 Appendix

13.1 Scope of the report13.2 Inclusions and exclusions checklist Exhibit 174: Inclusions checklistExhibit 175: Exclusions checklist13.3 Currency conversion rates for USUSD Exhibit 176: Currency conversion rates for USUSD13.4 Research methodology Exhibit 177: Research methodologyExhibit 178: Validation techniques employed for market sizingExhibit 179: Information sources13.5 List of abbreviations Exhibit 180: List of abbreviations

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