The market of medical equipment calibration services is highly fragmented and dominated by numerous small and local players operating in specific regions of the world.

Albany, NY -- (SBWire) -- 12/29/2015 --Calibration is defined as an operation that, under specified conditions, performs two steps. In the first step, it establishes a relation between the quantity values with measurement uncertainties provided by measurement standards and corresponding indications with associated measurement uncertainties (of the calibrated instrument or secondary standard). In the second step, it uses this information to establish a relation for obtaining a measurement result from an indication.

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The same principle is applicable to the calibration of medical equipment. The medical equipment calibration services market report studies the current scenario as well as the future market potential for medical equipment calibration services globally. The medical equipment calibration services market has been segmented on the basis of product types and types of services. On the basis of equipment types, the market is segmented as ventilators, cardiovascular monitors, vital signs monitors, imaging equipment, infusion pumps, fetal monitors and others. Further, the medical equipment calibration services market is segmented on the basis of types of service providers such as in-house calibration services, third party calibration services, and OEM calibration services. The market for medical equipment calibration services has been extensively analyzed on the basis of factors such as demand of calibration services in various specialty hospitals, average price range of each segment, number of hospitals and research institutes, pathology laboratories and its relevance with medical equipment calibration services. The market size and forecasts in terms of revenue (USD million) for each of these segments have been provided for the period 2014 to 2020, considering 2013 as the base year. The medical equipment calibration services market report also provides the compounded annual growth rate (CAGR) for each segment of the market for the forecast period 2014 to 2020.

Geographically, the medical equipment calibration services market has been segmented into four regions, namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts in terms of revenue (USD million) for each of these segments have been provided for the period 2014 to 2020, considering 2013 as the base year. The medical equipment calibration services market report also provides the compounded annual growth rate (CAGR) for each segment of the market for the forecast period 2014 to 2020. The study also includes qualitative analysis of the competitive scenario in these regions. The market overview section of the medical equipment calibration services market report offers a qualitative analysis of the overall market considering the factors determining market dynamics such as drivers, restraints and opportunities. To understand the current and future market scenario of the medical calibration services market Porter's five force analysis and market attractiveness analysis covers the various aspects related to market environment. In addition to this, value chain analysis, pricing analysis and event impact analysis are also included in this section.

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The medical equipment calibration services market report also provides a highlight of the competitive landscape of the market, wherein the heat map analysis of the important players in the market, along with the services offered by them has been discussed. A list of recommendations has also been included for new entrants as well as existing market players to help them establish a strong presence in the market and accentuate market shares. The medical equipment calibration services market report concludes with the profiles of major players having presence in the market such as Biomed Technologies, Inc., Fluke Biomedical, Industrial Calibration and Services Company, Inc., JM Test Systems, Inc., JPen Medical Ltd., Medserve Ltd., NS Medical Systems, STQC, Government of India, TAG Medical, Tektronix, Inc and Transcat, Inc., Market players are profiled on the basis of attributes such as company overview, financial overview, business strategies adopted by the companies to ensure sustainability and maximize profits, product portfolio and recent developments.

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