Global Medical Equipment Maintenance Market Growth (Status and Outlook) 2025-2031

The global Medical Equipment Maintenance market size is predicted to grow from US$ 3303 million in 2025 to US$ 7824 million in 2031; it is expected to grow at a CAGR of 15.5% from 2025 to 2031.

An effective medical equipment maintenance program consists of adequate planning, management and implementation. Planning considers the financial, physical and human resources required to adequately implement the maintenance activities. Once the program has been defined, financial, personnel and operational aspects are continually examined and managed to ensure the program continues uninterrupted and improves as necessary. Ultimately, proper implementation of the program is key to ensuring optimal equipment functionality.

Global Medical Equipment Maintenance key players include GE, Pantheon, Hitachi, Siemens, etc. Global top four manufacturers hold a share about 45%.

North America is the largest market, with a share over 40%, followed by Europe, and Japan, both have a share about 40 percent.

In terms of product, Advanced Modality is the largest segment, with a share about 60%. And in terms of application, the largest application is Hospitals and Clinics, followed by Diagnostic Centers, etc.

LPI (LP Information)' newest research report, the “Medical Equipment Maintenance Industry Forecast” looks at past sales and reviews total world Medical Equipment Maintenance sales in 2024, providing a comprehensive analysis by region and market sector of projected Medical Equipment Maintenance sales for 2025 through 2031. With Medical Equipment Maintenance sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Equipment Maintenance industry.

This Insight Report provides a comprehensive analysis of the global Medical Equipment Maintenance landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Medical Equipment Maintenance portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Equipment Maintenance market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Equipment Maintenance and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Equipment Maintenance.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Equipment Maintenance market by product type, application, key players and key regions and countries.

Segmentation by Type:
Advanced Modality
Primary Modality

Segmentation by Application:
Hospitals and Clinics
Diagnostic Centers
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE
Althea(Pantheon)
Hitachi
Siemens
Toshiba
Philips
Aramark
Dräger
UHS
Fujifilm
Esaote

Please note: The report will take approximately 2 business days to prepare and deliver.