Global Medical Equipment Maintenance Market Report 2020: Amid the COVID-19 Crisis, the Market is Projected to Reach a Revised $57.6 Billion by 2027
Dublin, Dec. 03, 2020 (GLOBE NEWSWIRE) -- The "Medical Equipment Maintenance - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Medical Equipment Maintenance Market to Reach $57.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Medical Equipment Maintenance estimated at US$31.4 Billion in the year 2020, is projected to reach a revised size of US$57.6 Billion by 2027, growing at a CAGR of 9% over the analysis period 2020-2027.
Imaging Equipment, one of the segments analyzed in the report, is projected to record a 9.8% CAGR and reach US$32.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Endoscopic Devices segment is readjusted to a revised 9.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $9.3 Billion, While China is Forecast to Grow at 8.4% CAGR
The Medical Equipment Maintenance market in the U.S. is estimated at US$9.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$10 Billion by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.
Surgical Instruments Segment to Record 8% CAGR
In the global Surgical Instruments segment, USA, Canada, Japan, China and Europe will drive the 8.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.6 Billion in the year 2020 will reach a projected size of US$6.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.6 Billion by the year 2027.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Agenor Mantenimientos
Agfa-Gevaert NV
Althea Group
B. Braun Melsungen AG
BCAS Biomedical Services Ltd. (BCAS Biomed)
Canon Medical Systems Corporation
Dragerwerk AG & Co. KGaA
GE Healthcare
Grupo Empresarial Electromedico
Hitachi Medical Corporation
Koninklijke Philips NV
Medtronic PLC
Olympus Corporation
Siemens Healthineers
Tbs Group S.P.A
Technologie Sanitarie S.P.A.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Medical Equipment Maintenance Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Medical Equipment Maintenance Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
Medical Equipment Maintenance Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
Medical Equipment Maintenance Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
Imaging Equipment (Device) World Market by Region/Country in US$ Million: 2020 to 2027
Imaging Equipment (Device) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
Imaging Equipment (Device) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Endoscopic Devices (Device) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
Endoscopic Devices (Device) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
Endoscopic Devices (Device) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Surgical Instruments (Device) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
Surgical Instruments (Device) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
Surgical Instruments (Device) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
Electromedical Equipment (Device) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
Electromedical Equipment (Device) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
Electromedical Equipment (Device) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
Other Devices (Device) World Market by Region/Country in US$ Million: 2020 to 2027
Other Devices (Device) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
Other Devices (Device) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
US Medical Equipment Maintenance Market Share (in %) by Company: 2019 & 2025
Market Analytics
Medical Equipment Maintenance Market Estimates and Projections in US$ Million by Device: 2020 to 2027
Medical Equipment Maintenance Market by Device: A Historic Review in US$ Million for 2012-2019
Medical Equipment Maintenance Market Share Breakdown by Device: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/kww7gz
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