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Agfa Gevaert NV
AlphaSource Group
Althea Group S.p.A.
Aramark
B.Braun SE
Boston Scientific Corp.
Carestream Health Inc.
Dragerwerk AG and Co. KGaA
FUJIFILM Holdings Corp.
General Electric Co.
Hitachi Ltd.
Koninklijke Philips NV
Medtronic Plc
Samsung Electronics Co. Ltd.
Siemens AG
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KSA
The medical equipment maintenance market is forecasted to grow by USD 63338.7 mn during 2024-2029, accelerating at a CAGR of 14.8% during the forecast period. The report on the medical equipment maintenance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising focus on preventive maintenance of medical equipment, growing demand for medical equipment maintenance from low-budget healthcare facilities, and government regulations on rising healthcare expenditure.
Market Scope
Base Year 2025
End Year 2029
Series Year 2025-2029
Growth Momentum Accelerate
YOY 2025 12.6%
CAGR 14.8%
Incremental Value $63338.7 mn
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's medical equipment maintenance market is segmented as below:
By Type
Healthcare systems
Pharmaceutical diagnostics
Others
By End-user
Public sector organizations
Private sector organizations
By Service
By Product
Imaging equipment
Surgical instruments
By Geographical Landscape
North America
Europe
Asia
Rest of World (ROW)
This study identifies the increasing adoption of advanced medical technologies in emerging countries as one of the prime reasons driving the medical equipment maintenance market growth during the next few years. Also, increasing market penetration in emerging countries and increasing prevalence of diseases will lead to sizable demand in the market.
The report on the medical equipment maintenance market covers the following areas:
Medical Equipment Maintenance Market sizing
Medical Equipment Maintenance Market forecast
Medical Equipment Maintenance Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical equipment maintenance market vendors that include Agfa Gevaert NV, AlphaSource Group, Althea Group S.p.A., Aramark, B.Braun SE, Boston Scientific Corp., Canon Inc., Carestream Health Inc., Dragerwerk AG and Co. KGaA, Edwards Lifesciences Corp., FUJIFILM Holdings Corp., General Electric Co., Hitachi Ltd., HOYA Corp., Koninklijke Philips NV, Medtronic Plc, Samsung Electronics Co. Ltd., Siemens AG, Stryker Corp., and Terumo Corp.. Also, the medical equipment maintenance market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Service
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global Medical Equipment Maintenance Market 2019 - 2023
Historic Market Size - Data Table on Global Medical Equipment Maintenance Market 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.4 Service segment analysis 2019 - 2023
Historic Market Size - Service Segment 2019 - 2023 ($ million)
5.5 Product segment analysis 2019 - 2023
Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.6 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.7 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The impact of AI in global medical equipment maintenance market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Healthcare systems - Market size and forecast 2024-2029
Chart on Healthcare systems - Market size and forecast 2024-2029 ($ million)
Data Table on Healthcare systems - Market size and forecast 2024-2029 ($ million)
Chart on Healthcare systems - Year-over-year growth 2024-2029 (%)
Data Table on Healthcare systems - Year-over-year growth 2024-2029 (%)
8.4 Pharmaceutical diagnostics - Market size and forecast 2024-2029
Chart on Pharmaceutical diagnostics - Market size and forecast 2024-2029 ($ million)
Data Table on Pharmaceutical diagnostics - Market size and forecast 2024-2029 ($ million)
Chart on Pharmaceutical diagnostics - Year-over-year growth 2024-2029 (%)
Data Table on Pharmaceutical diagnostics - Year-over-year growth 2024-2029 (%)
8.5 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by End-user
9.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
9.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
9.3 Public sector organizations - Market size and forecast 2024-2029
Chart on Public sector organizations - Market size and forecast 2024-2029 ($ million)
Data Table on Public sector organizations - Market size and forecast 2024-2029 ($ million)
Chart on Public sector organizations - Year-over-year growth 2024-2029 (%)
Data Table on Public sector organizations - Year-over-year growth 2024-2029 (%)
9.4 Private sector organizations - Market size and forecast 2024-2029
Chart on Private sector organizations - Market size and forecast 2024-2029 ($ million)
Data Table on Private sector organizations - Market size and forecast 2024-2029 ($ million)
Chart on Private sector organizations - Year-over-year growth 2024-2029 (%)
Data Table on Private sector organizations - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
10 Market Segmentation by Service
10.1 Market segments
Chart on Service - Market share 2024-2029 (%)
Data Table on Service - Market share 2024-2029 (%)
10.2 Comparison by Service
Chart on Comparison by Service
Data Table on Comparison by Service
10.3 Preventive - Market size and forecast 2024-2029
Chart on Preventive - Market size and forecast 2024-2029 ($ million)
Data Table on Preventive - Market size and forecast 2024-2029 ($ million)
Chart on Preventive - Year-over-year growth 2024-2029 (%)
Data Table on Preventive - Year-over-year growth 2024-2029 (%)
10.4 Corrective - Market size and forecast 2024-2029
Chart on Corrective - Market size and forecast 2024-2029 ($ million)
Data Table on Corrective - Market size and forecast 2024-2029 ($ million)
Chart on Corrective - Year-over-year growth 2024-2029 (%)
Data Table on Corrective - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Service
Market opportunity by Service ($ million)
Data Table on Market opportunity by Service ($ million)
11 Market Segmentation by Product
11.1 Market segments
Chart on Product - Market share 2024-2029 (%)
Data Table on Product - Market share 2024-2029 (%)
11.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
11.3 Imaging equipment - Market size and forecast 2024-2029
Chart on Imaging equipment - Market size and forecast 2024-2029 ($ million)
Data Table on Imaging equipment - Market size and forecast 2024-2029 ($ million)
Chart on Imaging equipment - Year-over-year growth 2024-2029 (%)
Data Table on Imaging equipment - Year-over-year growth 2024-2029 (%)
11.4 Surgical instruments - Market size and forecast 2024-2029
Chart on Surgical instruments - Market size and forecast 2024-2029 ($ million)
Data Table on Surgical instruments - Market size and forecast 2024-2029 ($ million)
Chart on Surgical instruments - Year-over-year growth 2024-2029 (%)
Data Table on Surgical instruments - Year-over-year growth 2024-2029 (%)
11.5 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
12 Customer Landscape
12.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Geographic Landscape
13.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
13.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
13.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
13.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
13.5 Asia - Market size and forecast 2024-2029
Chart on Asia - Market size and forecast 2024-2029 ($ million)
Data Table on Asia - Market size and forecast 2024-2029 ($ million)
Chart on Asia - Year-over-year growth 2024-2029 (%)
Data Table on Asia - Year-over-year growth 2024-2029 (%)
13.6 Rest of World (ROW) - Market size and forecast 2024-2029
Chart on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
Data Table on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
Chart on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
Data Table on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
13.7 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
13.8 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
13.9 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
13.10 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
13.11 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
13.12 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
13.13 France - Market size and forecast 2024-2029
Chart on France - Market size and forecast 2024-2029 ($ million)
Data Table on France - Market size and forecast 2024-2029 ($ million)
Chart on France - Year-over-year growth 2024-2029 (%)
Data Table on France - Year-over-year growth 2024-2029 (%)
13.14 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
13.15 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
13.16 South Korea - Market size and forecast 2024-2029
Chart on South Korea - Market size and forecast 2024-2029 ($ million)
Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
Chart on South Korea - Year-over-year growth 2024-2029 (%)
Data Table on South Korea - Year-over-year growth 2024-2029 (%)
13.17 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
14 Drivers, Challenges, and Opportunity/Restraints
14.1 Market drivers
14.2 Market challenges
14.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
14.4 Market opportunities/restraints
15 Competitive Landscape
15.1 Overview
15.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
Overview on factors of disruption
15.4 Industry risks
Impact of key risks on business
16 Competitive Analysis
16.1 Companies profiled
16.2 Company ranking index
16.3 Market positioning of companies
Matrix on companies position and classification
16.4 Agfa Gevaert NV
Agfa Gevaert NV - Overview
Agfa Gevaert NV - Business segments
Agfa Gevaert NV - Key news
Agfa Gevaert NV - Key offerings
Agfa Gevaert NV - Segment focus
SWOT
16.5 AlphaSource Group
AlphaSource Group - Overview
AlphaSource Group - Product / Service
AlphaSource Group - Key offerings
SWOT
16.6 Althea Group S.p.A.
Althea Group S.p.A. - Overview
Althea Group S.p.A. - Product / Service
Althea Group S.p.A. - Key offerings
SWOT
16.7 Aramark
Aramark - Overview
Aramark - Business segments
Aramark - Key news
Aramark - Key offerings
Aramark - Segment focus
SWOT
16.8 B.Braun SE
B.Braun SE - Overview
B.Braun SE - Product / Service
B.Braun SE - Key news
B.Braun SE - Key offerings
SWOT
16.9 Boston Scientific Corp.
Boston Scientific Corp. - Overview
Boston Scientific Corp. - Business segments
Boston Scientific Corp. - Key news
Boston Scientific Corp. - Key offerings
Boston Scientific Corp. - Segment focus
SWOT
16.10 Carestream Health Inc.
Carestream Health Inc. - Overview
Carestream Health Inc. - Product / Service
Carestream Health Inc. - Key offerings
SWOT
16.11 Dragerwerk AG and Co. KGaA
Dragerwerk AG and Co. KGaA - Overview
Dragerwerk AG and Co. KGaA - Business segments
Dragerwerk AG and Co. KGaA - Key offerings
Dragerwerk AG and Co. KGaA - Segment focus
SWOT
16.12 FUJIFILM Holdings Corp.
FUJIFILM Holdings Corp. - Overview
FUJIFILM Holdings Corp. - Business segments
FUJIFILM Holdings Corp. - Key news
FUJIFILM Holdings Corp. - Key offerings
FUJIFILM Holdings Corp. - Segment focus
SWOT
16.13 General Electric Co.
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key news
General Electric Co. - Key offerings
General Electric Co. - Segment focus
SWOT
16.14 Hitachi Ltd.
Hitachi Ltd. - Overview
Hitachi Ltd. - Business segments
Hitachi Ltd. - Key news
Hitachi Ltd. - Key offerings
Hitachi Ltd. - Segment focus
SWOT
16.15 Koninklijke Philips NV
Koninklijke Philips NV - Overview
Koninklijke Philips NV - Business segments
Koninklijke Philips NV - Key news
Koninklijke Philips NV - Key offerings
Koninklijke Philips NV - Segment focus
SWOT
16.16 Medtronic Plc
Medtronic Plc - Overview
Medtronic Plc - Business segments
Medtronic Plc - Key news
Medtronic Plc - Key offerings
Medtronic Plc - Segment focus
SWOT
16.17 Samsung Electronics Co. Ltd.
Samsung Electronics Co. Ltd. - Overview
Samsung Electronics Co. Ltd. - Business segments
Samsung Electronics Co. Ltd. - Key news
Samsung Electronics Co. Ltd. - Key offerings
Samsung Electronics Co. Ltd. - Segment focus
SWOT
16.18 Siemens AG
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key news
Siemens AG - Key offerings
Siemens AG - Segment focus
SWOT
17 Appendix
17.1 Scope of the report
17.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
17.3 Currency conversion rates for US$
Currency conversion rates for US$
17.4 Research methodology
17.5 Data procurement
17.6 Data validation
17.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
17.8 Data synthesis
17.9 360 degree market analysis
360 degree market analysis
17.10 List of abbreviations