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Global Medical Equipment Maintenance Market to Reach $88.5 Billion by 2027 - ResearchAndMarkets.com

Global Medical Equipment Maintenance Market to Reach $88.5 Billion by 2027 - ResearchAndMarkets.com

By AP News
Published - Oct 28, 2022, 12:58 PM ET
Last Updated - Jun 23, 2023, 11:40 PM EDT

DUBLIN--(BUSINESS WIRE)--Oct 28, 2022--

The "Medical Equipment Maintenance: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Medical Equipment Maintenance Market to Reach $88.5 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Medical Equipment Maintenance estimated at US$48.4 Billion in the year 2020, is projected to reach a revised size of US$88.5 Billion by 2027, growing at a CAGR of 9% over the analysis period 2020-2027. Diagnostic Imaging Equipment, one of the segments analyzed in the report, is projected to record a 9% CAGR and reach US$22.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Patient Monitoring & Life Support Devices segment is readjusted to a revised 9.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $14.3 Billion, While China is Forecast to Grow at 8.4% CAGR

The Medical Equipment Maintenance market in the U.S. is estimated at US$14.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$15.4 Billion by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.4% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.

Endoscopic Devices Segment to Record 10.1% CAGR

In the global Endoscopic Devices segment, USA, Canada, Japan, China and Europe will drive the 10.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.9 Billion in the year 2020 will reach a projected size of US$9.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 42 Featured) -

  • Agenor Mantenimientos
  • Agfa-Gevaert NV
  • Althea Group
  • B. Braun Melsungen AG
  • BCAS Biomedical Services Ltd. (BCAS Biomed)
  • Canon Medical Systems Corporation
  • Dragerwerk AG & Co. KGaA
  • GE Healthcare
  • Grupo Empresarial Electromedico
  • Hitachi Medical Corporation
  • Koninklijke Philips NV
  • Medtronic PLC
  • Olympus Corporation
  • Siemens Healthineers
  • Tbs Group S.P.A
  • Technologie Sanitarie S.P.A.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Medical Equipment Maintenance - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

  • Medical Equipment Maintenance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)

CANADA

JAPAN

  • Medical Equipment Maintenance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Medical Equipment Maintenance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)

EUROPE

  • Medical Equipment Maintenance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

  • Medical Equipment Maintenance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Medical Equipment Maintenance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Medical Equipment Maintenance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

REST OF EUROPE

ASIA-PACIFIC

  • Medical Equipment Maintenance Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

REST OF WORLD

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/m1wc6z

View source version on businesswire.com:https://www.businesswire.com/news/home/20221028005431/en/

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KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES OTHER HEALTH

SOURCE: Research and Markets

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