Global Medical Equipment Repair Software Market Size study & Forecast, by Deployment Mode (Web & Cloud-based, On-premise), by End-use (Hospital, Diagnostic Laboratories, Clinics, Others) and Regional Analysis, 2023-2030
Global Medical Equipment Repair Software Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Medical Equipment Repair Software is specialized software designed to streamline and manage the maintenance and repair processes of medical equipment within healthcare facilities. It is a crucial tool for healthcare organizations to ensure that their medical devices are properly maintained, calibrated, and functioning correctly. The software is used by biomedical technicians, clinical engineers, and maintenance teams to optimize equipment performance, reduce downtime, and comply with regulatory standards. The key factors driving the market growth are the growing trend towards predictive maintenance in the healthcare industry, the increasing complexity of medical equipment, and the rise in healthcare technology investments that are anticipated to support the market growth.
Additionally, the growing digital health industry have a positive impact on the Medical Equipment Repair Software Market. As the digital health industry expands, there is likely to be an increased demand for various medical equipment and devices that are integral to digital healthcare solutions. This, in turn, can drive the need for effective maintenance and repair of these devices. According to Statista, in 2019, the global digital health market was valued at USD 79.45 billion; in 2022 the number reached 148.39 billion and it is anticipated to reach USD 217.55 billion by 2025. As a result, the growing digital health industry is anticipated to support the market growth. Moreover, the growing adoption of cloud-based solutions, and rising advancements in software technologies, such as the integration of Artificial Intelligence (AI) and the Internet of Things (IoT) are anticipated to create lucrative opportunities for the market over the projected period. However, the limited standardization, and data security concerns stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Medical Equipment Repair Software Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing demand for healthcare services, advancements in medical technology, and a shift towards preventive maintenance in healthcare facilities to avoid unplanned downtime and extend the lifespan of medical equipment. Whereas, the Asia Pacific is expected to grow with the highest CAGR over the forecast period, owing to factors such as the rising healthcare expenditure, expansion of healthcare facilities, including hospitals, clinics, and diagnostic center, as well as rise of telehealth and remote monitoring technologies in the Asia Pacific region.
Major market player included in this report are:BlueFolder Software, Inc.
FieldEZ
OrderStorm Ecommerce Inc.
SYSPRO Ltd.
ECI Software Solutions, Inc.
Mapcon Technologies, Inc.
APTIEN.COM
UpKeep Technologies, Inc.
EZO
Klipboard
Recent Developments in the Market: In March 2023, GE Healthcare Technologies Inc. (US) and Advantus Health Partners (US) announced that the companies entered into a decade-long collaborative agreement. This strategic agreement aims to deliver GE Healthcare Technologies Inc.'s Healthcare Technology Management (HTM) services to the clients of Advantus Health Partners, enhancing the healthcare solutions available to their clientele.
Global Medical Equipment Repair Software Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Deployment Mode, End-use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Deployment Mode:
Web & Cloud-based
On-premise
By End-use:
Hospital
Diagnostic Laboratories
Clinics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedBlueFolder Software, Inc.
FieldEZ
OrderStorm Ecommerce Inc.
SYSPRO Ltd.
ECI Software Solutions, Inc.
Mapcon Technologies, Inc.
APTIEN.COM
UpKeep Technologies, Inc.
EZO
Klipboard
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.