Report cover image

Medical Equipment Maintenance Market, By Equipment Type (Imaging Equipment, Endoscopic Devices, Surgical Instruments, Electromedical Equipment, Dental Equipment); By Service Type (Preventive Maintenance, Corrective Maintenance, Operational Maintenance); B

Publisher BlueWeave Consulting
Published Jun 24, 2025
Length 482 Pages
SKU # BLWC20227881

Description

Global Medical Equipment Maintenance Market Booming to Cross USD 110 Billion by 2031
Global Medical Equipment Maintenance Market is flourishing primarily due to rising adoption of advanced medical tech, growing emphasis on preventive maintenance, stringent regulations, aging installed base, IoT‑AI predictive services, and value‑based care push.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Medical Equipment Maintenance Market size by value at USD 56.07 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Global Medical Equipment Maintenance Market size to boom at a robust CAGR of 10.2%, reaching a value of USD 110.66 billion by 2031. The growth of Global Medical Equipment Maintenance Market is driven by growing adoption of advanced, IoT‑enabled devices, a shift toward preventive and predictive maintenance, and stringent regulatory/compliance standards worldwide, ensuring safety and performance standards are met. Rising chronic disease prevalence and an aging population amplify demand for imaging, monitoring, and therapeutic devices, thus increasing maintenance needs. Expansion of healthcare infrastructure in emerging economies, along with cost pressures prompting outsourcing to third‑party service providers, further fuels market growth.
Opportunity – Expanding Healthcare Infrastructure in Emerging Markets
Expansion of healthcare infrastructure in emerging markets is a major growth driver for Global Medical Equipment Maintenance Market. In major emerging economies, such as India and Southeast Asia, massive investments in new hospitals, clinics, and diagnostic centers are boosting demand for maintenance services to support increasingly sophisticated medical devices. Infrastructure development programs by government and private sectors are equipping facilities with cutting-edge equipment, which requires regular preventive and corrective upkeep to ensure safety, compliance, and uptime. As healthcare infrastructures scale rapidly, so does the need for reliable service networks to maintain functional longevity and regulatory adherence.

Preventive Maintenance Leads Global Medical Equipment Maintenance Market
The preventive maintenance segment holds a major market share of Global Medical Equipment Maintenance Market, due to the rising adoption of scheduled inspections, calibration, cleaning, and part replacement aimed at reducing unscheduled downtime, extending equipment lifespan, and ensuring regulatory compliance. The corrective maintenance, on the other hand, remains significant—responsible for immediate repairs. Operational maintenance, although present, holds a low market share, covering routine cleaning and basic upkeep by equipment operators.

Impact of Escalating Geopolitical Tensions on Global Medical Equipment Maintenance Market

Escalating geopolitical tensions, marked by trade wars, regional conflicts, sanctions, export controls, and route disruptions—are profoundly destabilizing Global Medical Equipment Maintenance Market. Increased tariffs (e.g., U.S.–China, EU–China) drive up component costs and compress margins, forcing providers to localize or restore maintenance operations. Meanwhile, sanctions and export bans restrict access to critical parts like rare‐earth components used in imaging devices, delaying repairs and inflating prices. Supply chain chokepoints, such as the Red Sea, Suez, and Strait of Hormuz, have led to detours, spiking shipping times, insurance, and labor overheads. Altogether, these forces erode uptime, elevate maintenance costs, and drive strategic pivoting toward regionalized, resilient service networks.

Competitive Landscape

Global Medical Equipment Maintenance Market is highly fragmented, with numerous players serving the market. Major companies dominating the market are GE Healthcare, Siemens Healthineers, Philips Healthcare, Medtronic, Stryker Corporation, Drägerwerk AG & Co. KGaA, Carestream Health, Agfa-Gevaert Group, Fujifilm Holdings Corporation, Canon Medical Systems Corporation, B. Braun Melsungen AG, Aramark Healthcare Technologies, BC Technical, Inc., Hitachi Healthcare Systems, and Althea Group. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Global Medical Equipment Maintenance Market.


The report's in-depth analysis provides information about growth potential, upcoming trends, and Global Medical Equipment Maintenance Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Medical Equipment Maintenance Market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

482 Pages
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentations
2. Executive Summary
3. Global Medical Equipment Maintenance Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Rising Prevalence of Chronic Diseases and Aging Population
3.2.1.2. Technological Advancements in Medical Devices
3.2.1.3. Increasing Adoption of Refurbished Medical Equipment
3.2.2. Restraints
3.2.2.1. High Initial Costs and Maintenance Expenditure
3.2.2.2. Shortage of Skilled Technicians and Engineers
3.2.2.3. Regulatory and Compliance Complexities
3.2.3. Opportunities
3.2.3.1. Expansion of Healthcare Infrastructure in Emerging Markets
3.2.3.2. Integration of IoT and AI for Predictive Maintenance
3.2.4. Challenges
3.2.4.1. Weather Dependency Affecting Drone Operations
3.2.4.2. Lack of Skilled Workforce for Drone Handling
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Global Medical Equipment Maintenance Market: Marketing Strategies
5. Global Medical Equipment Maintenance Market Overview
5.1. Market Size & Forecast, 2019–2031
5.1.1. By Value (USD Million)
5.2. Market Share and Forecast
5.2.1. By Equipment Type
5.2.1.1. Imaging Equipment
5.2.1.2. Endoscopic Devices
5.2.1.3. Surgical Instruments
5.2.1.4. Electromedical Equipment
5.2.1.5. Dental Equipment
5.2.2. By Service Type
5.2.2.1. Preventive Maintenance
5.2.2.2. Corrective Maintenance
5.2.2.3. Operational Maintenance
5.2.3. By Service Provider
5.2.3.1. Original Equipment Manufacturers (OEMs)
5.2.3.2. Independent Service Organizations (ISOs)
5.2.3.3. In-House Maintenance
5.2.4. By End User
5.2.4.1. Hospitals
5.2.4.2. Diagnostic Centers
5.2.4.3. Ambulatory Surgical Centers
5.2.4.4. Clinics
5.2.5. By Region
5.2.5.1. North America
5.2.5.2. Europe
5.2.5.3. Asia Pacific (APAC)
5.2.5.4. Latin America (LATAM)
5.2.5.5. Middle East and Africa (MEA)
6. North America Medical Equipment Maintenance Market
6.1. Market Size & Forecast, 2019–2031
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Equipment Type
6.2.2. By Service Type
6.2.3. By Service Provider
6.2.4. By End User
6.2.5. By Country
6.2.5.1. United States
6.2.5.1.1. By Equipment Type
6.2.5.1.2. By Service Type
6.2.5.1.3. By Service Provider
6.2.5.1.4. By End User
6.2.5.2. Canada
6.2.5.2.1. By Equipment Type
6.2.5.2.2. By Service Type
6.2.5.2.3. By Service Provider
6.2.5.2.4. By End User
7. Europe Medical Equipment Maintenance Market
7.1. Market Size & Forecast, 2019–2031
7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
7.2.1. By Equipment Type
7.2.2. By Service Type
7.2.3. By Service Provider
7.2.4. By End User
7.2.5. By Country
7.2.5.1. Germany
7.2.5.1.1. By Equipment Type
7.2.5.1.2. By Service Type
7.2.5.1.3. By Service Provider
7.2.5.1.4. By End User
7.2.5.2. United Kingdom
7.2.5.2.1. By Equipment Type
7.2.5.2.2. By Service Type
7.2.5.2.3. By Service Provider
7.2.5.2.4. By End User
7.2.5.3. Italy
7.2.5.3.1. By Equipment Type
7.2.5.3.2. By Service Type
7.2.5.3.3. By Service Provider
7.2.5.3.4. By End User
7.2.5.4. France
7.2.5.4.1. By Equipment Type
7.2.5.4.2. By Service Type
7.2.5.4.3. By Service Provider
7.2.5.4.4. By End User
7.2.5.5. Spain
7.2.5.5.1. By Equipment Type
7.2.5.5.2. By Service Type
7.2.5.5.3. By Service Provider
7.2.5.5.4. By End User
7.2.5.6. Belgium
7.2.5.6.1. By Equipment Type
7.2.5.6.2. By Service Type
7.2.5.6.3. By Service Provider
7.2.5.6.4. By End User
7.2.5.7. Russia
7.2.5.7.1. By Equipment Type
7.2.5.7.2. By Service Type
7.2.5.7.3. By Service Provider
7.2.5.7.4. By End User
7.2.5.8. The Netherlands
7.2.5.8.1. By Equipment Type
7.2.5.8.2. By Service Type
7.2.5.8.3. By Service Provider
7.2.5.8.4. By End User
7.2.5.9. Rest of Europe
7.2.5.9.1. By Equipment Type
7.2.5.9.2. By Service Type
7.2.5.9.3. By Service Provider
7.2.5.9.4. By End User
8. Asia Pacific Medical Equipment Maintenance Market
8.1. Market Size & Forecast, 2019–2031
8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
8.2.1. By Equipment Type
8.2.2. By Service Type
8.2.3. By Service Provider
8.2.4. By End User
8.2.5. By Country
8.2.5.1. China
8.2.5.1.1. By Equipment Type
8.2.5.1.2. By Service Type
8.2.5.1.3. By Service Provider
8.2.5.1.4. By End User
8.2.5.2. India
8.2.5.2.1. By Equipment Type
8.2.5.2.2. By Service Type
8.2.5.2.3. By Service Provider
8.2.5.2.4. By End User
8.2.5.3. Japan
8.2.5.3.1. By Equipment Type
8.2.5.3.2. By Service Type
8.2.5.3.3. By Service Provider
8.2.5.3.4. By End User
8.2.5.4. South Korea
8.2.5.4.1. By Equipment Type
8.2.5.4.2. By Service Type
8.2.5.4.3. By Service Provider
8.2.5.4.4. By End User
8.2.5.5. Australia & New Zealand
8.2.5.5.1. By Equipment Type
8.2.5.5.2. By Service Type
8.2.5.5.3. By Service Provider
8.2.5.5.4. By End User
8.2.5.6. Indonesia
8.2.5.6.1. By Equipment Type
8.2.5.6.2. By Service Type
8.2.5.6.3. By Service Provider
8.2.5.6.4. By End User
8.2.5.7. Malaysia
8.2.5.7.1. By Equipment Type
8.2.5.7.2. By Service Type
8.2.5.7.3. By Service Provider
8.2.5.7.4. By End User
8.2.5.8. Singapore
8.2.5.8.1. By Equipment Type
8.2.5.8.2. By Service Type
8.2.5.8.3. By Service Provider
8.2.5.8.4. By End User
8.2.5.9. Vietnam
8.2.5.9.1. By Equipment Type
8.2.5.9.2. By Service Type
8.2.5.9.3. By Service Provider
8.2.5.9.4. By End User
8.2.5.10. Rest of APAC
8.2.5.10.1. By Equipment Type
8.2.5.10.2. By Service Type
8.2.5.10.3. By Service Provider
8.2.5.10.4. By End User
9. Latin America Medical Equipment Maintenance Market
9.1. Market Size & Forecast, 2019–2031
9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
9.2.1. By Equipment Type
9.2.2. By Service Type
9.2.3. By Service Provider
9.2.4. By End User
9.2.5. By Country
9.2.5.1. Brazil
9.2.5.1.1. By Equipment Type
9.2.5.1.2. By Service Type
9.2.5.1.3. By Service Provider
9.2.5.1.4. By End User
9.2.5.2. Mexico
9.2.5.2.1. By Equipment Type
9.2.5.2.2. By Service Type
9.2.5.2.3. By Service Provider
9.2.5.2.4. By End User
9.2.5.3. Argentina
9.2.5.3.1. By Equipment Type
9.2.5.3.2. By Service Type
9.2.5.3.3. By Service Provider
9.2.5.3.4. By End User
9.2.5.4. Peru
9.2.5.4.1. By Equipment Type
9.2.5.4.2. By Service Type
9.2.5.4.3. By Service Provider
9.2.5.4.4. By End User
9.2.5.5. Rest of LATAM
9.2.5.5.1. By Equipment Type
9.2.5.5.2. By Service Type
9.2.5.5.3. By Service Provider
9.2.5.5.4. By End User
10. Middle East & Africa Medical Equipment Maintenance Market
10.1. Market Size & Forecast, 2019–2031
10.1.1. By Value (USD Million)
10.2. Market Share & Forecast
10.2.1. By Equipment Type
10.2.2. By Service Type
10.2.3. By Service Provider
10.2.4. By End User
10.2.5. By Country
10.2.5.1. Saudi Arabia
10.2.5.1.1. By Equipment Type
10.2.5.1.2. By Service Type
10.2.5.1.3. By Service Provider
10.2.5.1.4. By End User
10.2.5.2. UAE
10.2.5.2.1. By Equipment Type
10.2.5.2.2. By Service Type
10.2.5.2.3. By Service Provider
10.2.5.2.4. By End User
10.2.5.3. Qatar
10.2.5.3.1. By Equipment Type
10.2.5.3.2. By Service Type
10.2.5.3.3. By Service Provider
10.2.5.3.4. By End User
10.2.5.4. Kuwait
10.2.5.4.1. By Equipment Type
10.2.5.4.2. By Service Type
10.2.5.4.3. By Service Provider
10.2.5.4.4. By End User
10.2.5.5. South Africa
10.2.5.5.1. By Equipment Type
10.2.5.5.2. By Service Type
10.2.5.5.3. By Service Provider
10.2.5.5.4. By End User
10.2.5.6. Nigeria
10.2.5.6.1. By Equipment Type
10.2.5.6.2. By Service Type
10.2.5.6.3. By Service Provider
10.2.5.6.4. By End User
10.2.5.7. Algeria
10.2.5.7.1. By Equipment Type
10.2.5.7.2. By Service Type
10.2.5.7.3. By Service Provider
10.2.5.7.4. By End User
10.2.5.8. Rest of MEA
10.2.5.8.1. By Equipment Type
10.2.5.8.2. By Service Type
10.2.5.8.3. By Service Provider
10.2.5.8.4. By End User
11. Competitive Landscape
11.1. List of Key Players and Their Offerings
11.2. Global Medical Equipment Maintenance Market Share Analysis, 2023
11.3. Competitive Benchmarking, By Operating Parameters
11.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of Escalating Geopolitical Tensions on Global Medical Equipment Maintenance Market
13. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
13.1. GE Healthcare
13.2. Siemens Healthineers
13.3. Philips Healthcare
13.4. Medtronic
13.5. Stryker Corporation
13.6. Drägerwerk AG & Co. KGaA
13.7. Carestream Health
13.8. Agfa-Gevaert Group
13.9. Fujifilm Holdings Corporation
13.10. Canon Medical Systems Corporation
13.11. B. Braun Melsungen AG
13.12. Aramark Healthcare Technologies
13.13. BC Technical, Inc.
13.14. Hitachi Healthcare Systems
13.15. Althea Group
14. Key Strategic Recommendations
15. Research Methodology
15.1. Qualitative Research
15.1.1. Primary & Secondary Research
15.2. Quantitative Research
15.3. Market Breakdown & Data Triangulation
15.3.1. Secondary Research
15.3.2. Primary Research
15.4. Breakdown of Primary Research Respondents, By Region
15.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us