Brand Essence Market Research recently publishes an all-inclusive report on the Global Medical Equipment Maintenance Market providing a complete overview of the key aspects of the market. Medical Equipment Maintenance Market report makes a robust assessment regarding the current market situation and its scope, which are anticipated to impact significantly on the performance of the market during the forecast period, 2021-2027.
Global Medical Equipment Maintenance Market is valued at USD 31.68 Billion in 2020 and anticipated to reach USD 60.17 Billion by 2027 with the growing at a CAGR of 9.6% over the forecast period.
This report includes an in-depth analysis about the COVID-19 situation and its possible impact on the market in the next few years. The report contains 200 pages, which provides a precise and detailed explanation of key components and their market expansion scope in the mentioned period. The key insights about the potential size, volume, and dynamics of the market as mentioned in the report is a vital guideline that would help clients to make informed decision about their business investment plans and strategies in the market.
COVID-19 pandemic has increased the demand for medical equipment maintenance. During COVID-19 pandemic, to take care of infected people the demand for medical supplies was increased. Respiratory help devices like atomizer, oxygen generator, life-support machine, and screen are among the significantly utilized medical devices in essential clinical treatment. Additionally, COVID-19 has prompted a huge demand for clinical supplies, for example, individual defensive equipment including gloves, masks and defensive eyeglasses. With ascend in number of COVID-19 cases around the world; the requirement for medical supplies and their maintenance is also increased.
Top Medical Equipment Repair Companies mentioned in this report:
Global medical equipment maintenance market reports cover prominent players like Toshiba Medical Systems Europe, Drägerwerk AG & Co. KGaA, Aramark, BC Technical, Inc., GE Healthcare, Koninklijke Philips N.V., Siemens Healthineers, Alliance Medical Group, and Althea Group and others.
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The report covers a detailed study on key areas such as market size, scope, and growth opportunities of the global Medical Equipment Maintenance Market by analyzing the market trend and data available for the period prior to 2019. From this analysis, the report draws several observations and deduces about the key factors that drive or restrain the market growth, which would have a wide impact on the development and expansion of the market during the forecast period. Moreover, it covers a range of opportunities and challenges prevailing in the market that will help clients to evaluate their investment strategies.
The report, published by Brand Essence Market Research, is the most reliable information as the study consists of a concise graphical representations, tables, and figures which allow the users to easily understand the key market position of sectors or segment without going through a deep study of the report. The tables and figures represent the latest update information that provides a broad picture of several market developments of the products and services over the last few years.
The market report relies on a concrete research methodology focusing on both primary as well as secondary sources. The report is prepared by relying on primary source including interviews of the company executives & representatives and accessing official documents, websites, and press release of the private and public companies. Additionally, this report includes market analysis from several global experts and analysts who have in-depth knowledge about the market. To ensure a complete framework of the market, it also adopts several research tools such as statistical surveying for SWOT analysis, PESTLE analysis, predictive analysis, and real-time analytics.
Global Medical Equipment Maintenance Market Segmentation:
The global medical equipment maintenance market is segmented on the basis of device type, service type, service provider, end-user, and region & country level. On the basis of device type, the medical equipment maintance market is classified as imaging equipment, electro medical equipment, endoscopic devices, surgical instruments, and other medical equipment. On the basis of service type, the market is classified as preventive maintenance, corrective maintenance, and operational maintenance. On the basis of service provider, the market is classified as original equipment manufacturers, independent service organizations, and in-house maintenance. On the basis of end-users, the market is classified as public organizations, and private organizations.
By Device Type:
Imaging Equipment, Electro Medical Equipment, Endoscopic Devices, Surgical Instruments, Other Medical Equipment
By Service Type:
Preventive Maintenance, Corrective Maintenance, Operational Maintenance
By Service Provider:
Original Equipment Manufacturers, Independent Service Organizations, In-House Maintenance
By End-User:
Public Organizations, Private Organizations
North America is Expected to Dominate Global Medical Equipment Maintenance Market
North America is expected to dominate the growth global medical equipment maintenance market due to the factors such as the advanced medical infrastructure, increasing prevalence of chronic diseases, higher healthcare spending and presence of key players in this region. For instance; according to the Centers for Disease Control and Prevention (CDC); in 2019, around 6 of every 10 individuals in the US experience from at least one chronic disease, and 4 out of 10 individuals have at least two chronic conditions.
Asia Pacific is expected to witness a fastest growth in the global medical equipment maintenance market due to rising prevalence of chronic diseases that require medical devices for early diagnosis and growing number of hospitals and technological development in this region. According to the estimates by The Asia Pacific Burden of Disease, the death rate of CVD is around 272 per 100,000 people in India, which is comparatively higher than the Asia Pacific standard (i.e., 235 per 100 000 populace).
Competition Landscape
The report covers global aspect of the market, covering
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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Table of Content
- Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description - Chapter – Global Medical Equipment Maintenance Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Medical Equipment Maintenance Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Medical Equipment Maintenance Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis - Chapter – Global Medical Equipment Maintenance Market Overview: Quantitative Analysis
- Chapter – Global Medical Equipment Maintenance Market Analysis: Segmentation By Type
- Chapter – Global Medical Equipment Maintenance Market Analysis: Segmentation By Application
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