Global Medical Equipment Maintenance Market Size & Outlook, 2025-2033
Global Medical Equipment Maintenance Market Size
According to Straits Research analysis, the Global Medical Equipment Maintenance Market was valued at USD 42112.31 Million in 2024 and is projected to reach USD 77601.45 Million by 2033, expanding at a CAGR of 7.1% during the forecast period. The industry's growth is primarily attributed to the continuous innovations in medical devices and a surge in the prevalence of chronic diseases. This market primarily serves the healthcare industry – hospitals, clinics, diagnostic centers and homecare settings. Key drivers of this demand include developments in robotic surgeries, and AI-based diagnostic equipment maintenance. Emerging trends such as remote monitoring and predictive maintenance, green and sustainable practices in device lifecycle management are providing new growth avenues in the market. As the escalating need for sophisticated healthcare services continues, Asia-Pacific is positioning itself as a high-growth market with significant investments in healthcare infrastructure and technology adoption.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Equipment Maintenance Market Highlights
- By segment, Corrective Maintenance emerged as the largest Service Type in terms of market size in 2024.
- Preventive Maintenance is anticipated to remain the most attractive Service Type segment, recording the fastest growth during the forecast period.
- In 2024, Global accounted for % of the global medical equipment maintenance market size.
- By 2033, United States is expected to lead the global medical equipment maintenance market in terms of market size.
- Within Global, North America is projected to dominate the regional medical equipment maintenance market size by 2033.
- Asia Pacific is identified as the fastest-growing market in Global, anticipated to reach USD 215275.32 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 42112.31 Million |
| Market Size In 2033 | USD 77601.45 Million |
| Largest segment | Corrective Maintenance |
| Fastest segment | Preventive Maintenance |
| Units | Revenue in USD Million |
| CAGR | 7.1% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Global Medical Equipment Maintenance Market Share By Service Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Region |
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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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Global Medical Equipment Maintenance Market By Region 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Equipment Maintenance Market By Service Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Equipment Maintenance Market By Service Provider 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Equipment Maintenance Market By Device Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Equipment Maintenance Market By Imaging Equipment 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Global Medical Equipment Maintenance Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
