North America Medical Equipment Maintenance Market Size & Outlook, 2025-2033
North America Medical Equipment Maintenance Market Size
According to Straits Research analysis, The North America Medical Equipment Maintenance Market was valued at USD 14350.73 Million in 2024 and is projected to reach USD 23531.92 Million by 2033, expanding at a CAGR of 5.7% during the forecast period. The increase can largely be attributed to rising healthcare expenditures, increased prevalence of chronic diseases, and the burgeoning aging population. Also, the service industry's demand for advanced maintenance technology is escalating, aiding growth. A noteworthy trend is the rise in green and sustainable practices in the manufacture and upkeep of medical equipment, emphasizing lower carbon emissions. Digitization and AI incorporation in medical equipment maintenance are also promoting growth. As North America continually embraces technological advancements, the region is poised to remain at the forefront of the global medical equipment maintenance market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Medical Equipment Maintenance Market Highlights
- By market size, Corrective Maintenance led the Service Type category in 2024.
- The Service Type segment led by Preventive Maintenance is estimated to post the fastest growth, sustaining its position as the most lucrative during the forecast timeframe.
- North America represented 34.08% of the global medical equipment maintenance market size in 2024.
- By 2033, United States is estimated to hold the largest position in the global market in terms of size.
- Canada is estimated to remain the fastest-growing market in North America, advancing to USD 24106 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 14350.73 Million |
| Market Size In 2033 | USD 23531.92 Million |
| Largest segment | Corrective Maintenance |
| Fastest segment | Preventive Maintenance |
| Units | Revenue in USD Million |
| CAGR | 5.7% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
North America Medical Equipment Maintenance Market Share By Service Type
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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North America Medical Equipment Maintenance Market By Country 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Medical Equipment Maintenance Market By Service Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Medical Equipment Maintenance Market By Service Provider 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Medical Equipment Maintenance Market By Device Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Medical Equipment Maintenance Market By Imaging Equipment 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
North America Medical Equipment Maintenance Market By End-User 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
