- In March 2023, Advantus Health Partners and GE HealthCare announced a strategic agreement valued at up to USD 760 million over the next decade. This partnership aims to deliver GE's Healthcare Technology Management (HTM) services to Advantus Health Partners' clients. This collaboration is expected to enhance the quality and efficiency of healthcare technology management across the associated facilities
- In March 2023, Medipass Healthcare and Althea UK announced their merger, resulting in a rebranding as Ergéa. The newly formed company specializes in a range of medical fields, including endoscopy, radiology, cardiology, radiotherapy, and surgical theatres. In addition, Ergéa provides vendor-independent maintenance services for radiology, endoscopy, and biomedical equipment across the UK, enhancing support for healthcare facilities
- In July 2022, B. Braun established a Technical Service Center aimed at providing high-quality medical equipment repair and maintenance services. This initiative is designed to bolster the public health system in Thailand by ensuring that healthcare facilities have access to reliable support for their medical devices. By enhancing maintenance capabilities, B. Braun seeks to improve overall healthcare outcomes and operational efficiency within the region
- In May 2022, Fresenius Kabi finalized its acquisition of Ivenix Inc., a company specializing in infusion therapy. This strategic move will integrate Ivenix's hardware and software to create a comprehensive range of advanced medical devices tailored for the U.S. market. The collaboration aims to enhance the efficiency and effectiveness of infusion therapy solutions, reinforcing Fresenius Kabi's position in the healthcare industry
- In March 2022, Source Bioscience International plc acquired LDPath Ltd., a London-based provider of digital pathology testing services. LDPath has created an innovative digital pathology platform that is gaining widespread adoption in the industry. The newly formed entity, Source LDP, aims to deliver a comprehensive patient journey, encompassing everything from the initial consultation to diagnosis, thereby enhancing the overall healthcare experience
Frequently Asked Questions
The market is segmented based on Segmentation, By Service Type (Preventive, Corrective, and Performance/Operational), Service Providers (In-House Service Providers, and External Service Providers), Device Type (Imaging Equipment, Endoscopic Devices, Electromedical Equipment, Surgical Instruments, Patient Monitoring and Life Suport Devices, Dental Equipment, and Other Medical Equipment), Level of Maintenance (Level 3, Specialized, Level 2, Technician, Level 1, and User (or First-line)), Technology (Multi-Vendor OEMs, Single-Vendor OEMs, Independent Service Organization, and In-House Maintenance), End User (Hospitals, Clinics, Laboratory, and Other Health Care Centres) – Industry Trends and Forecast to 2031
.
The Global Medical Equipment Maintenance Market size was valued at USD 25.88 USD Billion in 2023.
The Global Medical Equipment Maintenance Market is projected to grow at a CAGR of 9.4% during the forecast period of 2024 to 2031.
The major players operating in the market include , Koninklijke Philips N.V. , Siemens Healthcare GmbH , General Electric , Medtronic , Viatronix , Terarecon , , Carestream Health , Shimadzu Corporation , Olympus Corporation , Boston Scientific Corporation , Cook , Hoya Corporation , Richard Wolf GmbH , KARL STORZ , Smith+Nephew , Zimmer Biomet ,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
