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Global Medical Equipment Maintenance Market by 2024- Leading Countries, Growth, Drivers, Risks, Opportunities, Forecast & Top Vendors Analysis by Siemens AG

Learning upcoming Medical Equipment Maintenance Business insights is completely based on the current Medical Equipment Maintenance business scenario, business approaches, and market demands chosen by the manufacturers of Medical Equipment Maintenance market.


Pune, India -- (SBWIRE) -- 06/25/2018 -- Global Medical Equipment Maintenance Market tactic includes procedures for inspection, as well as preventive and corrective maintenance "Global Medical Equipment Maintenance Market is anticipated to grow at a CAGR of 11.10% during the forecast period of 2017 to 2024."The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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The global medical equipment maintenance market highly concentrated to a few big players and rest to local players who cater to domestic markets only. Siemens AG dominated the medical equipment maintenance market accounting for a highest market share in 2017, followed by GE Healthcare and Philips Healthcare. Other players in this market include are AGFA-GEVAERT, Canon Inc, Drägerwerk AG & CO. KGaA, Medtronic, Hitachi, Ltd, Fujifilm Holdings Corporation, B. Braun, HOYA Corporation among others.

Siemens AG:

Siemens AG founded in 1847 and is headquartered in Munich, Germany. The company is involved in production and manufacturing of plants across the world. The company is involved in electrification, automation and digitalization technologies. Siemens AG works in following segments power and gas, energy management, building technologies, mobility, digital factory and process industries drives, healthineers and renewable energy. The Siemens Healthineers segment provides technology to the healthcare industry and, diagnostic imaging and laboratory diagnostics. Siemens AG provides medical maintenance services through imaging and therapy services. Its remote monitoring program can detect and corrects medical equipment before they need larger repair.

The company has 377,000 employees and has global presence in more than 200 countries. It offers equipment services for medical equipment maintenance. It serves in Africa, Asia Pacific, Europe, Middle East, North America and South America.

Medical Equipment Maintenance Market – Geographical Segmentation
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa

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Key Market Points: Global Medical Equipment Maintenance Market

The growth of this market is majorly driven by increasing aging population, increasing incidence of lifestyle related diseases and high adoption of advanced technology that are contributing to the growth of this market. Access to quality healthcare, established healthcare infrastructure and also the presence of prominent players are the factors that are contributing to the growth of the medical equipment maintenance market.

Factors such as environment sustainability due to the disposable products, lack of trained staff, and unawareness of the technologies among the healthcare providers are the restraining factors that will hamper the growth of this medical equipment maintenance market.


The companies tend to strengthen and follow strategies planned to improve innovation and overall productivity in R&D. The R&D department prioritizes to build healthcare infrastructure.

Hoffmann-La Roche Ltd.

Roche, focuses on strengthening infrastructure. In 2014, Roche Sphere Programme in Asia trained 10,726 pathologists, surgeons and technicians. This programme aimed at improving local, national and regional capabilities and infrastructure.

Roche has expended USD 9,912.87, 10,568.40 and 11,076.83 million on R&D expenditure in 2015, 2016 and 2017 respectively.

Stryker expended USD 614.0, 625.0 and 715.0 million on expenditure in 2014, 2015 and 2016 respectively.

Reasons to Purchase this Report

- Current and future of global medical equipment maintenance market outlook in the developed and emerging markets

- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

- Regions/countries that are expected to witness the fastest growth rates during the forecast period

- The latest developments, market shares, and strategies that are employed by the major market players

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