According to a new market research report “Medical Equipment Maintenance Market by Device (Imaging (MRI, CT, PET, SPECT, X-ray, Ultrasound, C Arm), Endoscopy, ECG, EMG, Defibrillator, Dental, Ventilator), Service Provider (OEM, ISO, In house), End User (Public, Private) – Global Forecast to 2022”, published by MarketsandMarkets, the medical equipment maintenance market is expected to reach $24.83 billion by 2022 from $15.30 billion in 2017, at a CAGR of 10.2 percent during the forecast period.
In 2017, the OEM segment is expected to dominate this market, primarily due to their service quality, wide geographic presence, strong technical expertise, and easy access to spare parts.
Also in 2017, private-sector organizations are expected to register the highest CAGR during the forecast period. The increasing number of public-private partnerships is expected to boost the demand for medical equipment maintenance services.
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