Market Segmentation: Global Medical Equipment Maintenance Market
Global medical equipment maintenance market is segmented on the basis of device into imaging equipment, endoscopic device surgical instrument, electro-medical equipment and others. In 2018, imaging equipment is expected to dominate the market with 32.5% market share and is expected to reach 16,350.2 million by 2025, growing at the highest CAGR of 8.2% in the forecast period 2018 to 2025.
Global medical maintenance equipment market is segmented on the basis of services type into preventive maintenance, corrective maintenance, and operational maintenance. In 2018, global preventive maintenance market is expected to dominate market with 45.4% market share and is expected to reach 22,471.7 million by 2025, growing at the highest CAGR of 8.0% in the forecast period 2018 to 2025.
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 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.
Key Points: 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.
The imaging equipment segment is dominating the global medical equipment maintenance market with the market share 32.5%.
The preventive maintenance is dominating the medical equipment maintenance market with 45.4% market share, growing at the highest CAGR 8.0% in the forecast period 2018 to 2025.
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