Medical Equipment Maintenance Market

Description

List of Tables

The medical equipment maintenance market size is expected to reach USD 132.70 billion by 2034, according to a new study by Polaris Market Research. The report "Medical Equipment Maintenance Market Size, Share, Trends, Industry Analysis Report: By Equipment (Imaging Equipment, Surgical Instruments, Electromedical Equipment, Endoscopic Devices, and Others), Service, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Medical equipment maintenance refers to the process of ensuring that medical devices and equipment function properly, safely, and reliably through regular inspection, servicing, calibration, and repair. This maintenance is critical for ensuring the accuracy of diagnoses and treatments, minimizing downtime, and extending the lifespan of expensive medical devices.

The medical equipment maintenance market is experiencing significant growth driven by factors such as the increasing adoption of advanced medical technologies, rising healthcare infrastructure, and a growing emphasis on patient safety and regulatory compliance. The demand for maintenance services is further fueled by the need to minimize equipment downtime, reduce operational costs, and extend the lifespan of expensive medical devices. Key opportunities lie in emerging markets, where expanding healthcare facilities require reliable maintenance solutions, and in the integration of predictive maintenance and remote monitoring technologies that offer cost-effective and efficient service models.

Trends such as the shift towards third-party maintenance providers and the growing use of data analytics for real-time equipment performance monitoring are reshaping the medical equipment maintenance market. With healthcare standards tightening globally, the market is poised for continued expansion, with increasing demand for high-quality, technologically advanced maintenance solutions.

Medical Equipment Maintenance Market Report Highlights

Imaging equipment dominates the market due to the widespread use of advanced diagnostic technologies such as MRI and CT scanners, which require regular maintenance to ensure accurate results and compliance with regulations. Electromedical equipment is also the fastest growing segment, driven by the increasing use of devices such as pacemakers and patient monitoring systems in critical care settings.
Preventive maintenance holds the largest medical equipment maintenance market share, as healthcare facilities prioritize scheduled servicing to reduce equipment downtime and extend the lifespan of medical devices. Corrective maintenance also experiences the fastest growth due to the increasing complexity of medical devices and the need for efficient repair services.
Hospitals dominate the market due to the extensive use of medical equipment across various departments, necessitating regular maintenance services to ensure patient safety and equipment functionality. Diagnostic imaging centers are the fastest growing segment, driven by the increasing demand for diagnostic procedures and imaging technologies.
North America holds the largest market share due to its advanced healthcare infrastructure and stringent regulatory standards. Asia Pacific is the highest-growing region, with rapidly expanding healthcare facilities and increased demand for medical equipment maintenance services, especially in countries like China and India.
The medical equipment maintenance market key players include GE Healthcare, Siemens Healthineers, Philips Healthcare, Medtronic, Stryker Corporation, Dragerwerk AG & Co. KGaA, Carestream Health, Agfa Healthcare, Canon Medical Systems, and Hitachi Medical Systems, among others.

Polaris Market Research has segmented medical equipment maintenance market report on equipment, service, end-use, and region:

By Equipment Outlook (Revenue-USD Billion, 2020-2034)

Imaging Equipment
Surgical Instruments
Electromedical Equipment
Endoscopic Devices
Others

By Service Outlook (Revenue-USD Billion, 2020-2034)

Preventive Maintenance
Corrective Maintenance
Operational Maintenance

By End Use Outlook (Revenue-USD Billion, 2020-2034)

Hospitals
Diagnostic Imaging Centers
Dialysis Centers
Ambulatory Surgical Centers
Dental Clinics & Speciality Clinics
Others

By Regional Outlook (Revenue-USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM4039

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Source
- 3.2.1. Primary Source
- 3.2.2. Secondary Source

4. Global Medical Equipment Maintenance Market Insights

4.1. Medical Equipment Maintenance Market - Market Snapshot
4.2. Medical Equipment Maintenance Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increasing Demand for Advanced Healthcare Technologies
  - 4.2.1.2. Emphasis on Patient Safety and Regulatory Compliance
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Cost of Maintenance Services
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Medical Equipment Maintenance Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Medical Equipment Maintenance Market, by Equipment

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
5.3. Imaging Equipment
- 5.3.1. Global Medical Equipment Maintenance Market, by Imaging Equipment, by Region, 2020-2034 (USD Billion)
5.4. Surgical Instruments
- 5.4.1. Global Medical Equipment Maintenance Market, by Surgical Instruments, by Region, 2020-2034 (USD Billion)
5.5. Electromedical Equipment
- 5.5.1. Global Medical Equipment Maintenance Market, by Electromedical Equipment, by Region, 2020-2034 (USD Billion)
5.6. Endoscopic Devices
- 5.6.1. Global Medical Equipment Maintenance Market, by Endoscopic Devices, by Region, 2020-2034 (USD Billion)
5.7. Others
- 5.7.1. Global Medical Equipment Maintenance Market, by Others, by Region, 2020-2034 (USD Billion)

6. Global Medical Equipment Maintenance Market, by Service

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
6.3. Preventive Maintenance
- 6.3.1. Global Medical Equipment Maintenance Market, by Preventive Maintenance, by Region, 2020-2034 (USD Billion)
6.4. Corrective Maintenance
- 6.4.1. Global Medical Equipment Maintenance Market, by Corrective Maintenance, by Region, 2020-2034 (USD Billion)
6.5. Operational Maintenance
- 6.5.1. Global Medical Equipment Maintenance Market, by Operational Maintenance, by Region, 2020-2034 (USD Billion)

7. Global Medical Equipment Maintenance Market, by End-Use

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
7.3. Hospitals
- 7.3.1. Global Medical Equipment Maintenance Market, by Hospitals, by Region, 2020-2034 (USD Billion)
7.4. Diagnostic Imaging Centers
- 7.4.1. Global Medical Equipment Maintenance Market, by Diagnostic Imaging Centers, by Region, 2020-2034 (USD Billion)
7.5. Dialysis Centers
- 7.5.1. Global Medical Equipment Maintenance Market, by Dialysis Centers, by Region, 2020-2034 (USD Billion)
7.6. Ambulatory Surgical Centers
- 7.6.1. Global Medical Equipment Maintenance Market, by Ambulatory Surgical Centers, by Region, 2020-2034 (USD Billion)
7.7. Dental Clinics & Speciality Clinics
- 7.7.1. Global Medical Equipment Maintenance Market, by Dental Clinics & Speciality Clinics, by Region, 2020-2034 (USD Billion)
7.8. Others
- 7.8.1. Global Medical Equipment Maintenance Market, by Others, by Region, 2020-2034 (USD Billion)

8. Global Medical Equipment Maintenance Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Medical Equipment Maintenance Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Medical Equipment Maintenance Market - North America
- 8.3.1. North America: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
- 8.3.2. North America: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
- 8.3.3. North America: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.3.4. Medical Equipment Maintenance Market - U.S.
  - 8.3.4.1. U.S.: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.3.4.2. U.S.: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.3.4.3. U.S.: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.3.5. Medical Equipment Maintenance Market - Canada
  - 8.3.5.1. Canada: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
8.4. Medical Equipment Maintenance Market - Europe
- 8.4.1. Europe: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
- 8.4.2. Europe: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
- 8.4.3. Europe: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.4.4. Medical Equipment Maintenance Market - UK
  - 8.4.4.1. UK: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.4.5. Medical Equipment Maintenance Market - France
  - 8.4.5.1. France: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.4.6. Medical Equipment Maintenance Market - Germany
  - 8.4.6.1. Germany: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.4.7. Medical Equipment Maintenance Market - Italy
  - 8.4.7.1. Italy: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.4.8. Medical Equipment Maintenance Market - Spain
  - 8.4.8.1. Spain: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.4.9. Medical Equipment Maintenance Market - Netherlands
  - 8.4.9.1. Netherlands: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.4.10. Medical Equipment Maintenance Market - Russia
  - 8.4.10.1. Russia: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.4.11. Medical Equipment Maintenance Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
8.5. Medical Equipment Maintenance Market - Asia Pacific
- 8.5.1. Asia Pacific: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.5.4. Medical Equipment Maintenance Market - China
  - 8.5.4.1. China: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.5.5. Medical Equipment Maintenance Market - India
  - 8.5.5.1. India: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.5.6. Medical Equipment Maintenance Market - Malaysia
  - 8.5.6.1. Malaysia: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.5.7. Medical Equipment Maintenance Market - Japan
  - 8.5.7.1. Japan: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.5.8. Medical Equipment Maintenance Market - Indonesia
  - 8.5.8.1. Indonesia: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.5.9. Medical Equipment Maintenance Market - South Korea
  - 8.5.9.1. South Korea: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.5.10. Medical Equipment Maintenance Market - Australia
  - 8.5.10.1. Australia: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.5.11. Medical Equipment Maintenance Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
8.6. Medical Equipment Maintenance Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.6.4. Medical Equipment Maintenance Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.6.5. Medical Equipment Maintenance Market - UAE
  - 8.6.5.1. UAE: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.6.6. Medical Equipment Maintenance Market - Israel
  - 8.6.6.1. Israel: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.6.7. Medical Equipment Maintenance Market - South Africa
  - 8.6.7.1. South Africa: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.6.8. Medical Equipment Maintenance Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
8.7. Medical Equipment Maintenance Market - Latin America
- 8.7.1. Latin America: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.7.4. Medical Equipment Maintenance Market - Mexico
  - 8.7.4.1. Mexico: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.7.5. Medical Equipment Maintenance Market - Brazil
  - 8.7.5.1. Brazil: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.7.6. Medical Equipment Maintenance Market - Argentina
  - 8.7.6.1. Argentina: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)
- 8.7.7. Medical Equipment Maintenance Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Medical Equipment Maintenance Market, by Equipment, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Medical Equipment Maintenance Market, by Service, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Medical Equipment Maintenance Market, by End-Use, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. GE Healthcare
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Siemens Healthineers
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Philips Healthcare
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Medtronic
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Stryker Corporation
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Dragerwerk AG & Co. KGaA
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Carestream Health
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Agfa Healthcare
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Canon Medical Systems
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Hitachi Medical Systems
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development