The U.S. medical equipment maintenance market is predicted to generate a revenue of $21,358.3 million by 2030, exhibiting a 9.2% CAGR during the forecast period (2020-2030).
The rising awareness regarding preventive medical equipment maintenance services among hospitals, clinics, and healthcare professionals is a major driving factor of the market. In order to decrease the probability of the breaking down of medical equipment, these services need to be performed frequently.
Out of these, 2,937 hospitals were not-for-profit non-government community hospitals and 1,296 were investor-owned community hospitals. In terms of equipment type, the U.S. medical equipment maintenance market is divided into life support equipment, imaging equipment, surgical equipment, electromedical equipment, dental equipment, and endoscopes. Among all these, the life support division is predicted to progress at the fastest pace in the years to come.
The major reason for the growing demand for life support equipment in the U.S. is the rising incidence of acute cardiac and respiratory conditions and increasing traumatic injuries. As per the Society of Critical Care Medicine, over 5 million patients are admitted every year to the intensive care units in the country. Ascribed to this, life support devices need to be maintained regularly in order to provide critical and emergency care at any time.
Players in the U.S. medical equipment maintenance market are relying on mergers and acquisitions for strengthening their position in the domain.
Some of the major companies in the market are Koninklijke Philips N.V., Siemens AG, General Electric Company, FUJIFILM Holdings Corporation, Dragerwerk AG & Co. KGaA, Hitachi Ltd., Agiliti Health Inc., Agfa-Gevaert N.V., Carestream Health Inc., Canon Inc., Shimadzu Corporation, Crothall Healthcare, Sodexo Group, and TRIMEDX Holdings LLC.
Key Topics Covered:
Chapter 1. Research Background 1.1 Research Objectives 1.2 Market Definition 1.3 Research Scope 1.4 Key Stakeholders
Chapter 2. Research Methodology 2.1 Secondary Research 2.2 Primary Research 2.3 Market Size Estimation 2.4 Data Triangulation 2.5 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction 4.1 Definition of Market Segments 4.1.1 By Equipment Type 126.96.36.199 Imaging 188.8.131.52.1 Advanced imaging modalities 184.108.40.206.1.1 CT 220.127.116.11.1.2 MRI 18.104.22.168.1.3 Others 22.214.171.124.2 Primary imaging modalities 126.96.36.199.2.1 Digital X-ray 188.8.131.52.2.2 Ultrasound 184.108.40.206.2.3 Others 220.127.116.11 Electromedical 18.104.22.168 Life support 22.214.171.124 Endoscopes 126.96.36.199 Surgical 188.8.131.52 Dental 4.1.2 By Service Type 184.108.40.206 Preventive 220.127.116.11 Corrective 18.104.22.168 Operational 4.1.3 By Service Provider 22.214.171.124 OEM 126.96.36.199.1 Multi-vendor OEM 188.8.131.52.2 Single-vendor OEM 184.108.40.206 ISO 220.127.116.11 In-house maintenance 4.1.4 By End User 18.104.22.168 Public sector 22.214.171.124 Private sector 4.2 Market Dynamics 4.2.1 Trends 126.96.36.199 Increasing number of multi-vendor contracts 188.8.131.52 Rising adoption of equipment insurance 4.2.2 Drivers 184.108.40.206 Advancements in medical device industry 220.127.116.11 Rising awareness about preventive medical equipment maintenance 18.104.22.168 Presence of stringent regulatory environment 22.214.171.124 Impact analysis of drivers on market forecast 4.2.3 Restraints 126.96.36.199 High maintenance costs 188.8.131.52 Impact analysis of restraints on market forecast 4.2.4 Opportunities 184.108.40.206 New services offered by players in medical equipment maintenance market 4.3 Impact of COVID-19 4.4 Porter's Five Forces Analysis
Chapter 6. U.S. Market Size and Forecast 6.1 By Equipment Type 6.1.1 Imaging Equipment Maintenance Market, by Type 220.127.116.11 Imaging equipment maintenance market for advanced modalities, by type 18.104.22.168 Imaging equipment maintenance market for primary modalities, by type 6.2 By Service Type 6.3 By Service Provider 6.3.1 Medical Equipment Maintenance Market for OEMs, by Type 6.4 By End User 6.1 By State
Chapter 7. Competitive Landscape 7.1 Strategic Developments of Key Players 7.1.1 Mergers and Acquisitions 7.1.2 Partnerships, Collaborations, and Agreements 7.1.3 Other Developments 7.2 Competitive Analysis of Key Players
Chapter 8. Company Profiles 8.1 Key Players 8.1.1 Business overview 8.1.2 Product and service offerings 8.1.3 Key financial summary
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