Over the past five years the Medical Equipment Repair and Maintenance Services industry has benefited from increased investment in healthcare and cost-cutting efforts among healthcare providers. Industry performance is impacted by private investment in healthcare and demand for medical device manufacturing. Over the next five years, industry revenue is expected to continue rising, albeit at a slower rate. The number of people with private health insurance is projected to grow slowly over the next five years, illustrating slower growth in the healthcare sector. Slower growth in the healthcare sector will result in minimal increases in demand for industry services.
Operators in this industry repair and maintain precision electrical medical equipment and devices. Repairs performed at the expense of a manufacturer (recalls, warranties, etc.) are not included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.