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DUBLIN--(BUSINESS WIRE)--Oct 28, 2022--
The "Medical Equipment Maintenance: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Medical Equipment Maintenance Market to Reach $88.5 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Medical Equipment Maintenance estimated at US$48.4 Billion in the year 2020, is projected to reach a revised size of US$88.5 Billion by 2027, growing at a CAGR of 9% over the analysis period 2020-2027. Diagnostic Imaging Equipment, one of the segments analyzed in the report, is projected to record a 9% CAGR and reach US$22.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Patient Monitoring & Life Support Devices segment is readjusted to a revised 9.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $14.3 Billion, While China is Forecast to Grow at 8.4% CAGR
The Medical Equipment Maintenance market in the U.S. is estimated at US$14.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$15.4 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 8.4% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.
Endoscopic Devices Segment to Record 10.1% CAGR
In the global Endoscopic Devices segment, USA, Canada, Japan, China and Europe will drive the 10.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.9 Billion in the year 2020 will reach a projected size of US$9.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Select Competitors (Total 42 Featured) -
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/m1wc6z
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KEYWORD:
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES OTHER HEALTH
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/28/2022 12:53 PM/DISC: 10/28/2022 12:53 PM
http://www.businesswire.com/news/home/20221028005431/en