Asia Pacific Medical Equipment Maintenance Market Size & Outlook
Asia Pacific medical equipment maintenance market, 2016-2028 (US$M)
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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 2021 | USD 7,535.8 million |
| Market revenue in 2028 | USD 13,487.8 million |
| Growth rate | 8.7% (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 |
| Key market players worldwide | GE 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 Scope
Medical Equipment Maintenance Market Companies
| Name | Profile | # Employees | HQ | Website |
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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.
Reasons to subscribe to Asia Pacific medical equipment maintenance market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific 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 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)
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