North America Medical Equipment Maintenance Market to 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "North America Medical Equipment Maintenance Market to 2027 - Regional Analysis and Forecasts By Device Type; Service Type; Service Provider and Country" report has been added to ResearchAndMarkets.com's offering.

North America, the medical equipment maintenance market, is anticipated to reach US$ 14,387.30 Mn in 2027 from US$ 6,542.44 Mn in 2018. The market is projected to grow with a CAGR of 9.3% from 2019-2027.

The medical equipment maintenance market is growing primarily due to the prevalence of chronic diseases, growing medical equipment, and increasing purchase of refurbished medical systems are expected to boost the market over the years. Restraining factors, such as stringent regulatory policies, are likely to damage the growth of the market in the coming years. On the other hand, the growing public, private partnership in the healthcare industry is expected to have a positive impact on the growth of the North America medical equipment maintenance market in the coming years.

Medical equipment requires calibration, maintenance, repair, user training, and decommissioning; clinical engineers manage these activities. Medical equipment management programs (MEMPs) are conducted by most hospitals to fix, inspect, and maintain their medical devices. Preventive and corrective maintenance is concerned with frequency scheduled activities as well as repairs after the equipment is out of service.

In 2018, the electromedical equipment segment held the most significant market share of the medical equipment maintenance market by device type. The segment is also anticipated to hold a substantial share in the market in 2027. However, the endoscopic devices segment is expected to grow at the fastest rate during the coming year owing to an increase in the number of disorders needing the procedure of endoscopy and the various launches and product enhancements in endoscopes.

The independent service organizations segment is anticipated to grow at a CAGR during the forecast period, owing to factors such as they maintain, refurbish, or repair a complete device after distribution; also, they operate independently to meet the original intended use.

Some of the significant primary and secondary sources for medical equipment maintenance included in the report are World Health Organization (WHO), Food and Drug Administration (FDA), International Trade Administration (ITA), and others.

Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America medical equipment maintenance market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the North America medical equipment maintenance market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth regional market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Key Topics Covered:

1. Introduction

2. North America Medical Equipment Maintenance Market- Key Takeaways

3. Research Methodology

4. North America Medical Equipment Maintenance Market - Market Landscape

5. North America Medical Equipment Maintenance Market - Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Rising Prevalence of Chronic Diseases

5.1.2 Increasing Purchase of Refurbished Medical Systems

5.1.3 Growing Medical Equipment Market

5.2 Key Market Restraint

5.2.1 Stringent Regulatory Policies

5.3 Key Market Opportunities

5.3.1 Growing Public Private Partnership in Healthcare Industry

5.4 Future Trends

5.4.1 Super Specialty and Multi-Specialty Hospitals are Expanding in North America

5.5 Impact Analysis

6. Medical Equipment Maintenance Market - North America Analysis

6.1 North America Medical Equipment Maintenance Market Revenue Forecasts and Analysis

6.2 Positioning Of Key Players

7. North America Medical Equipment Maintenance Market Analysis And Forecasts To 2027 - Device Type

7.1 Overview

7.2 North America Medical Equipment Maintenance Market Share by Device Type 2018 & 2027 (%)

7.3 Electromedical Equipment

7.4 Endoscopic Devices

7.5 Surgical Instruments

7.6 Other Medical Equipment

8. North America Medical Equipment Maintenance Market Analysis And Forecasts To 2027 - Service Type

8.1 Overview

8.2 North America Medical Equipment Maintenance Market Share by Service Type 2018 & 2027 (%)

8.3 Preventive Maintenance

8.4 Corrective Maintenance

8.5 Operational Maintenance

9. Medical Equipment Maintenance Market Analysis And Forecasts To 2027 - Service Provider

9.1 Overview

9.2 North America Medical Equipment Maintenance Market Share by Service Provider 2018 & 2027 (%)

9.3 Original Equipment Manufacturers

9.4 Independent Service Organizations

9.5 In-House Maintenance

10. Medical Equipment Maintenance Market Revenue and Forecasts to 2027 - Country Analysis

10.1 North America Medical Equipment Maintenance Market Revenue and Forecasts to 2027

10.1.1 Overview

10.2 North America Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.2.1 North America Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

10.2.2 North America Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

10.2.3 North America Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

10.3 North America Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Country (%)

10.4 US Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.5 Canada Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.6 Mexico Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

11. North America Medical Equipment Maintenance Market - Industry Landscape

11.1 Overview

11.2 Growth Strategies in the Medical Equipment Maintenance Market, 2016-2019

11.3 Organic Developments

11.4 Inorganic Developments

12. North America Medical Equipment Maintenance Market - Key Company Profiles

12.1 Boston Scientific Corporation

12.2 Medtronic

12.3 Stryker

12.4 Edwards Lifesciences Corporation

12.5 Johnson & Johnson Services, Inc.

12.6 Abbott

12.7 Terumo Corporation

12.8 B. Braun Melsungen AG

12.9 Aramark

12.10 Althea Group

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