Europe Medical Equipment Maintenance Market Size & Outlook, 2025-2033
Europe Medical Equipment Maintenance Market Size
According to Straits Research analysis, the Europe Medical Equipment Maintenance Market was valued at USD 12195.4 Million in 2024 and is projected to reach USD 20556.77 Million by 2033, expanding at a CAGR of 6% during the forecast period. This growth is primarily driven by the healthcare sector with expanding hospitals and clinics, ageing medical equipment, and the ever-growing demand for improved healthcare services. Other industries propelling the demand include agriculture, where medical equipment is used for veterinary purposes, and the technology sector, with the integration of AI and machine learning in medical equipment maintenance. The adoption of green and sustainable methods for medical equipment maintenance presents new opportunities. Advancements in medical technology also create potential for export. As Europe invests in the improvement of healthcare infrastructure and technology, its positioning in the global medical equipment maintenance market is set to strengthen.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Medical Equipment Maintenance Market Highlights
- By segment, Corrective Maintenance was the leading Service Type in terms of market size in 2024.
- Preventive Maintenance is expected to be the most lucrative Service Type segment, exhibiting the fastest growth throughout the forecast period.
- In 2024, Europe accounted for 28.96% of the global medical equipment maintenance market size.
- By 2033, United States is projected to lead the global market in terms of market size.
- France is projected to emerge as the fastest-growing market in Europe, reaching USD 45534 Million by 2033.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 12195.4 Million |
| Market Size In 2033 | USD 20556.77 Million |
| Largest segment | Corrective Maintenance |
| Fastest segment | Preventive Maintenance |
| Units | Revenue in USD Million |
| CAGR | 6% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Country |
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| Service Type |
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| Service Provider |
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| Device Type |
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| Imaging Equipment |
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| End-User |
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Europe Medical Equipment Maintenance Market By Country 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Medical Equipment Maintenance Market By Service Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Medical Equipment Maintenance Market By Service Provider 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Medical Equipment Maintenance Market By Device Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Medical Equipment Maintenance Market By Imaging Equipment 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Europe Medical Equipment Maintenance Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
