Global Medical Equipment Maintenance Market Size & Outlook
The medical equipment maintenance industry worldwide is expected to reach a projected revenue of US$ 65,348.4 million by 2028. A compound annual growth rate of 7.7% is expected of the worldwide medical equipment maintenance industry from 2022 to 2028.
Revenue, 2021 (US$M)
$38,970.9
Forecast, 2028 (US$M)
$65,348.4
CAGR, 2022 - 2028
7.7%
Report Coverage
Worldwide
Global medical equipment maintenance market, 2016-2028 (US$M)
Related Markets
Global medical equipment maintenance market highlights
- The global medical equipment maintenance market generated a revenue of USD 38,970.9 million in 2021 and is expected to reach USD 65,348.4 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 7.7% by 2028.
- In terms of segment, imaging equipment accounted for a revenue of USD 13,993.2 million in 2021.
- Surgical Instruments is the most lucrative equipment segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 38,970.9 million |
| Market revenue in 2028 | USD 65,348.4 million |
| Growth rate | 7.7% (CAGR from 2021 to 2028) |
| Largest segment | Imaging equipment |
| Fastest growing segment | Surgical Instruments |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Imaging Equipment, Electromedical Equipment, Endoscopic Devices, Surgical Instruments, Other Medical Equipment |
Other key industry trends
- In terms of revenue, the North America accounted for 38.4% of the global medical equipment maintenance market in 2021.
- By country, the Canada is projected to lead the global market in terms of revenue in 2028.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 866.1 million by 2028.
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Medical Equipment Maintenance Market Scope
Medical equipment maintenance market segmentation & scope
Medical Equipment Maintenance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical equipment maintenance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical equipment maintenance market will help companies and investors design strategic landscapes.
imaging equipment was the largest segment with a revenue share of 35.91% in 2021. Horizon Databook has segmented the Global medical equipment maintenance market based on imaging equipment, electromedical equipment, endoscopic devices, surgical instruments, other medical equipment covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Medical Equipment Maintenance Equipment Outlook (Revenue, USD Million, 2016-2028)
- Imaging Equipment
- CT
- MRI
- Digital X-Ray
- Ultrasound
- Others
- Life Support Devices
- Dental Equipment
- Electromedical Equipment
- Endoscopic Devices
- Surgical Instruments
- Other Medical Equipment
- Imaging Equipment
- Global Medical Equipment Maintenance Service Type Outlook (Revenue, USD Million, 2016-2028)
- Preventive Maintenance
- Corrective Maintenance
- Operational Maintenance
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Target buyers of Global medical equipment maintenance market databook
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Our clientele includes a mix of medical equipment maintenance market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global medical equipment maintenance market , including forecasts for subscribers. This global databook contains high-level insights into Global medical equipment maintenance market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Global medical equipment maintenance market statistics, by region, 2016-2028 (US$M)
Top 10 countries: Medical equipment maintenance market size, 2021 (USD Million)
Top 10 countries: Medical equipment maintenance market size, 2021 (USD Million)
Global medical equipment maintenance market, by region, 2021 (US$M)
Related regional statistics
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