Medical Equipment Maintenance Market Sees Promising Growth| GE Healthcare and Philips Healthcare

Global Medical Equipment Maintenance Market is expected to reach USD 48,257.4 million by 2025 from USD 27,060.0 million in 2017, at a CAGR of 7.6% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Key Factors: Global Medical Equipment Maintenance Market

Siemens AG is going to dominate the global medical equipment maintenance market followed by GE Healthcare and Philips Healthcare. Some of the other players are AGFA-GEVAERT, Canon Inc, Drägerwerk AG & CO. KGaA, Medtronic, Hitachi, Ltd, Fujifilm Holdings Corporation, B. Braun, HOYA Corporation among others.

Market Segmentation: Global Medical Equipment Maintenance Market

• Global Medical Equipment Maintenance Market Device (Imaging Equipment, Endoscopic Device, Surgical Instrument, Electro-Medical Equipment)
• Service Type (Preventive Maintenance, Corrective Maintenance, Operational Maintenance)
• Service Provider (Original Equipment Manufacturers, Independent Service Organizations, In-House Maintenance)
• End User (Private-Sector Organizations, Public-Sector Organizations)
• Geography (North America, Europe, Asia Pacific, South America, Middle East and Africa)

Focus of the report

• CAGR values in the market for the forecast period
• Key trends in the market place
• Major players and brands
• Historical and current market size and projection up to 2026.
• Detailed overview of parent market
• Changing market dynamics of the industry

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Key Drivers: Global Medical Equipment Maintenance Market

Some of the major factors driving the market for global medical equipment maintenance market are rising focus on preventive medical equipment maintenance, increasing preference for purchase of refurbished medical equipment, rising investments of key companies to build healthcare infrastructure, technological advancements for complex equipment maintenance, increasing number of public-private partnerships.

On the other hand, high initial cost & significant maintenance expenditure and lack of skilled professionals are hampering the growth of the market.

Competitive Landscape: Global Medical Equipment Maintenance Market

The global medical equipment maintenance market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. The report also covers the market shares for Global, North America, Europe, Asia-Pacific, Middle East and Africa, and South America medical equipment maintenance market.

Key insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved

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