1. Market Research
  2. > Healthcare
  3. > Medical Device Market Trends
U.S. Medical Equipment Maintenance Market

U.S. Medical Equipment Maintenance Market

  • July 2019
  • 118 pages
  • ID: 5815899
  • Format: PDF
  • Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

U.S. Medical Equipment Maintenance Market Research Report: By Equipment Type (Imaging Equipment, Electromedical Equipment, Life Support Equipment, Endoscopes, Surgical Equipment, Dental Equipment), Service Type (Preventive, Corrective, Operational), Service Provider (OEMs, ISOs, In-House Maintenance), End-User (Public-Sector Organizations, Private-Sector Organizations) - Industry Size, Share, Trends and Growth Forecast to 2024

The U.S. medical equipment maintenance market is being driven by the growing awareness on preventive maintenance, stringent regulations, and growth of the medical device industry. In 2018, the provision of such services generated $7.7 billion, which is predicted to increase to $12.6 billion by 2024 at a 9.0% CAGR during the forecast period (2019–2024). Medical equipment maintenance services are availed by owners of such devices for ensuring their operational efficiency, keeping failure rates to a minimum, and increasing their life.

Electromedical equipment, imaging equipment, endoscopes, life support equipment, dental equipment, and surgical equipment are the various divisions when the market is segmented by equipment type. In 2018, maintenance services for imaging equipment alone generated 49.9% of the total U.S. medical equipment maintenance market revenue. The fact that such devices are more expensive than others used in healthcare settings and are being increasingly deployed for disease diagnosis and treatment was responsible for their dominating position. Such equipment would grow at the highest CAGR (10.1%) during the forecast period.

On the basis of service type, the market is divided into corrective, preventive, and operational maintenance. Out of these, preventive services led the U.S. medical equipment maintenance market during the historical period (2014–2018). During the forecast period, this division would grow the fastest at a 10.1% CAGR and generate $7.7 billion in 2024 due to the increasing popularity of such services. The use of devices such as imaging systems, scalpels, dressing forceps, dissecting scissors, feeding tubes, and catheters is not limited to one application or subspecialty.

Regular maintenance of these devices not only helps increase their service life, but also prevents the spread of infections among patients. Additionally, many international organizations are emphasizing strongly on healthcare center cleanliness to contain the spread of hospital-acquired infections. Owing to this, an increasing number of medical device users are going for preventive maintenance. For instance, a preventive maintenance program was launched by Montana State Hospital in 2017 to increase the life of its equipment.

Market Segmentation by Equipment Type
Imaging Equipment
Advanced Imaging Modalities
By Type
Computed Tomography (CT)
Magnetic Resonance Imaging (MRI)
Others
By Service Type
Preventive
Corrective
Operational
Primary Imaging Modalities
By Type
Digital X-Ray
Ultrasound
Others
By Service Type
Corrective
Preventive
Operational
Electromedical Equipment
Life Support Equipment
Endoscopes
Surgical Equipment
Dental Equipment

Market Segmentation by Service Type
Preventive
Corrective
Operational

Market Segmentation by Service Provider
Original Equipment Manufacturers (OEMs)
Multi-Vendor OEMs
Single-Vendor OEMs
Independent Service Organizations (ISOs)
In-House Maintenance

Market Segmentation by End User
Public-Sector Organizations
Private-Sector Organizations

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on