Medical Equipment Maintenance Market Report: Trends, Forecast, and Competitive Analysis

Trends, opportunities, and forecast in medical equipment maintenance market to 2024 by device type (imaging equipment, advanced modalities, primary modalities, endoscopic devices, surgical instruments, and electromedical equipment), service type (preventive maintenance, corrective maintenance, and operational maintenance), service provider (original equipment manufacturers (OEMS), multi-vendor OEMS, single-vendor OEMS, and independent service organizations (ISOS)), end user (public-sector and private-sector organizations), and region (North America, Europe, Asia Pacific, and Rest of the World).

Publisher: Lucintel Published: May 2026
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Medical Equipment Maintenance Market Report: Trends, Forecast, and Competitive Analysis

Report Feature

The future of the medical equipment maintenance market looks promising with opportunities in the public-sector organizations and private-sector organizations industries. The global medical equipment maintenance market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are growth in associated equipment markets, rising focus on preventive medical equipment maintenance, adoption of innovative funding mechanisms, and growing purchase of refurbished medical systems.

A report of more than 150 pages is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of medical equipment maintenance market report download the report brochure








 


The study includes the medical equipment maintenance market size and forecast for the global medical equipment maintenance market through 2024, segmented by device type, service type, service provider, end use, and region as follows:

By Device Type [$M shipment analysis for 2013 – 2024]:
  • Imaging Equipment
  • Advanced Modalities
  • Primary Modalities
  • Endoscopic Devices
  • Surgical Instruments
  • Electromedical Equipment

By Service Type [$M shipment analysis for 2013 – 2024]:
  • Preventive Maintenance
  • Corrective Maintenance
  • Operational Maintenance

By Service Provider [$M shipment analysis for 2013 – 2024]:
  • Original Equipment Manufacturers (OEMs)
  • Multi-Vendor OEMs
  • Single-Vendor OEMs
  • Independent Service Organizations (ISOs)

By End Use [$M shipment analysis for 2013 – 2024]:
  • Public-Sector Organizations
  • Private-Sector Organizations

By Region [$M shipment analysis for 2013 – 2024]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
  • Rest of the World
    • Brazil

Some of the medical equipment maintenance companies profiled in this report include GE Healthcare, Siemens Healthineers, Koninklijke Philips, Canon, Fujifilm, Aramark Services, Generex Biotechnology Corporation, Althea S.p.A, Agfa-Gevaert Group, B. Braun Melsungen AG, Drägerwerk AG & Co. KGaA, Hitachi Medical, Carestream Health, Olympus, and BC Technical.

Some of the features of "Global Medical Equipment Maintenance Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include:
  • Market size estimates: Global medical equipment maintenance market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by segments and region.
  • Segmentation analysis: Global market size by device type, service type, service provider, end user, and region.
  • Regional analysis: Global medical equipment maintenance market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for medical equipment maintenance in the global medical equipment maintenance market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for, medical equipment maintenance in the global medical equipment maintenance market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

Table of Contents

1. Executive Summary 2. Market Background and Classifications 2.1: Introduction, Background, and Classifications 2.2: Supply Chain 2.3: Industry Drivers and Challenges
4.2.1 Market by Device Type: Imaging Equipment, Advanced Modalities, Primary Modalities, Endoscopic Devices, Surgical Instruments, and Electromedical Equipment 4.2.2: Market by Service Type: Preventive Maintenance, Corrective Maintenance, and Operational Maintenance 4.2.3: Market by Service Provider: Original Equipment Manufacturers (OEMs), Multi-Vendor OEMs, Single-Vendor OEMs, and Independent Service Organizations (ISOs) 4.2.4: Market by End Use: Public-Sector Organizations and Private-Sector Organizations
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis 7. Company Profiles of Leading Players 7.1: GE Healthcare 7.2: Siemens Healthineers 7.3: Koninklijke Philips 7.4: Canon 7.5: Fujifilm 7.6: Aramark Services 7.7: Generex Biotechnology Corporation 7.8: Althea S.p.A 7.9: Agfa-Gevaert Group 7.10: B. Braun Melsungen

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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Key Questions

  • What are some of the most promising potential, high-growth opportunities for the global medical equipment maintenance market by device type (imaging equipment, advanced modalities, primary modalities, endoscopic devices, surgical instruments, and electromedical equipment), service type (preventive maintenance, corrective maintenance, and operational maintenance), service provider (original equipment manufacturers (OEMS), multi-vendor OEMS, single-vendor OEMS, and independent service organizations (ISOS)), end user (public-sector organizations and private-sector organizations), and region (North America, Europe, Asia-Pacific, and Rest of the World)?
  • Which segments will grow at a faster pace and why?
  • Which regions will grow at a faster pace and why?
  • What are the key factors affecting market dynamics? What are the drivers and challenges of the medical equipment maintenance market?
  • What are the business risks and threats to the medical equipment maintenance market?
  • What are emerging trends in this medical equipment maintenance market and the reasons behind them?
  • What are some changing demands of customers in the medical equipment maintenance market?
  • What are the new developments in the medical equipment maintenance market? Which companies are leading these developments?
  • Who are the major players in this medical equipment maintenance market? What strategic initiatives are being implemented by key players for business growth?
  • What are some of the competitive products and processes in this medical equipment maintenance area and how big of a threat do they pose for loss of market share via material or product substitution?
  • What M & A activities have taken place in the last 5 years in medical equipment maintenance market?
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