Asia Pacific Medical Equipment Maintenance Market Size & Outlook

The medical equipment maintenance market in Asia Pacific is expected to reach a projected revenue of US$ 13,487.8 million by 2028. A compound annual growth rate of 8.7% is expected of Asia Pacific medical equipment maintenance market from 2022 to 2028.
Revenue, 2021 (US$M)
$7,535.8
Forecast, 2028 (US$M)
$13,487.8
CAGR, 2022 - 2028
8.7%
Report Coverage
Asia Pacific

Asia Pacific medical equipment maintenance market highlights

  • The Asia Pacific medical equipment maintenance market generated a revenue of USD 7,535.8 million in 2021.
  • The market is expected to grow at a CAGR of 8.7% from 2022 to 2028.
  • In terms of segment, imaging equipment was the largest revenue generating equipment in 2021.
  • Surgical Instruments is the most lucrative equipment segment registering the fastest growth during the forecast period.
  • Country-wise, Japan is expected to register the highest CAGR from 2022 to 2028.


Asia Pacific data book summary

Market revenue in 2021USD 7,535.8 million
Market revenue in 2028USD 13,487.8 million
Growth rate8.7% (CAGR from 2021 to 2028)
Largest segmentImaging equipment
Fastest growing segmentSurgical Instruments
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationImaging Equipment, Electromedical Equipment, Endoscopic Devices, Surgical Instruments, Other Medical Equipment
Key market players worldwideGE HealthCare Technologies Inc Common Stock, Siemens Healthineers AG ADR, Koninklijke Philips NV, Draegerwerk AG & Co KGaA, Medtronic PLC, Aramark, Althea Group Holdings Ltd Ordinary Shares, Alliance Medical Group, B. Braun Medical, BC Technical


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 19.3% of the global medical equipment maintenance market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 13,487.8 million by 2028.

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Medical Equipment Maintenance Market Companies

Name Profile # Employees HQ Website

Asia Pacific 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 Asia Pacific 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.


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Target buyers of Asia Pacific medical equipment maintenance market databook

  • Our clientele includes a mix of medical equipment maintenance market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 continent-level data and insights on the Asia Pacific medical equipment maintenance market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medical equipment maintenance market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Asia Pacific medical equipment maintenance market size, by country, 2016-2028 (US$M)

Asia Pacific Medical Equipment Maintenance Market Outlook Share, 2021 & 2028 (US$M)

Asia Pacific medical equipment maintenance market size, by country, 2016-2028 (US$M)

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