Medical Equipment Repair & Maintenance Services
Over the five years to 2018, the Medical Equipment Repair and Maintenance Services industry has benefited from increased investment in healthcare and cost-cutting efforts among healthcare providers. As prices rose for new medical devices, demand for device repairs grew, further supporting revenue growth. Mainly as a result of rapid growth in 2014, industry revenue is expected to rise. Over the next five years, industry revenue is expected to continue rising. Slower growth in the healthcare sector will result in decreased demand for new devices, resulting in greater demand for industry services. However, demand will be supported by growing investment in computers and software.
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.