Medical Equipment Maintenance & Repair Market Trends 2025–2030: Share, Value & Opportunities

Jackson Harris
Jun 6
5 min read

Medical Equipment Maintenance & Repair Market Report – 2025 Outlook, Trends, Share, Size & Forecast

MarkNtel Advisors has unveiled its latest research report on the Medical Equipment Maintenance & Repair Market, providing an in-depth analysis of market dynamics, growth prospects, and competitive landscape. This report serves as a valuable resource for stakeholders aiming to capitalize on emerging opportunities and navigate potential challenges in the Medical Equipment Maintenance & Repair industry.

Medical Equipment Maintenance & Repair Market Size: 2025 Outlook

The Global Medical Equipment Maintenance & Repair Market was valued at around USD 55 billion in 2024 and is projected to reach USD 92 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.8% during the forecast period, i.e., 2025-30. The growth of the Global Medical Equipment Maintenance & Repair Market is driven by multiple factors. Primarily the increasing cases of chronic conditions required regular monitoring and thus elevated the necessity of regular maintenance and repair of the medical devices for better results.

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📘 Scope of the Report

Forecasts till 2030 with year-wise market breakdown
Geographical and segment-level analysis
Company profiles and strategic insights
Key market drivers and restraints
Analysis of market trends and investment opportunities

What’s Driving the Market?

Escalating Elderly Population and Chronic Diseases – The Global Medical Equipment Maintenance & Repair Market is driven by the increasing elderly population and multiple chronic diseases. According to the report of WHO the global elderly population, more than 60 years, was 1 billion in 2020 and expected to be 2.1 billion by 2050. This population often required medical help for various chronic conditions like heart disease, arthritis, and diabetes, escalating the need for medical devices and their regular maintenance.

What’s Holding Back Growth?

High Initial & Maintenance Expenses – The major challenge in the Global Medical Equipment Maintenance & Repair Market is the high initial and maintenance costs associated with advanced medical devices. The initial cost of this equipment is very high for example, the cost of an MRI machine can range between 1 million dollars to 3 million dollars. Also, many equipment such as diagnostic tools, ventilators, and MRI machines need frequent maintenance for better result accuracy further escalating the cost. The lifetime maintenance cost of a medical device is up to 10–20% of the total purchase cost of the device.

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Medical Equipment Maintenance & Repair Market Segmentation

Device Type

Diagnostic Imaging Equipment - Market Size & Forecast 2020-2030F, USD Million
MRI System - Market Size & Forecast 2020-2030F, USD Million
CT Scanners - Market Size & Forecast 2020-2030F, USD Million
X-Ray System - Market Size & Forecast 2020-2030F, USD Million
Ultrasound System - Market Size & Forecast 2020-2030F, USD Million
Others - Market Size & Forecast 2020-2030F, USD Million
Patient Monitoring & Life Support Devices - Market Size & Forecast 2020-2030F, USD Million
Ventilators - Market Size & Forecast 2020-2030F, USD Million
Anesthesia Monitoring Equipment - Market Size & Forecast 2020-2030F, USD Million
Dialysis Equipment - Market Size & Forecast 2020-2030F, USD Million
Others - Market Size & Forecast 2020-2030F, USD Million
Endoscopic Devices - Market Size & Forecast 2020-2030F, USD Million
Surgical Equipment - Market Size & Forecast 2020-2030F, USD Million
Electrosurgical Equipment - Market Size & Forecast 2020-2030F, USD Million
Dental Equipment - Market Size & Forecast 2020-2030F, USD Million
Dental Radiology Equipment - Market Size & Forecast 2020-2030F, USD Million
Dental Laser Devices - Market Size & Forecast 2020-2030F, USD Million
Others - Market Size & Forecast 2020-2030F, USD Million

By Service Providers

In-House Maintenance - Market Size & Forecast 2020-2030F, USD Million
Original Equipment Manufacturers (OEM) - Market Size & Forecast 2020-2030F, USD Million
Multi Vendors OEM - Market Size & Forecast 2020-2030F, USD Million
Single Vendors OEM - Market Size & Forecast 2020-2030F, USD Million
Independent Service Organization - Market Size & Forecast 2020-2030F, USD Million

By Service Type

Preventive Maintenance - Market Size & Forecast 2020-2030F, USD Million
Corrective Maintenance - Market Size & Forecast 2020-2030F, USD Million
Operational Maintenance - Market Size & Forecast 2020-2030F, USD Million

By End User

Hospitals - Market Size & Forecast 2020-2030F, USD Million
Clinics - Market Size & Forecast 2020-2030F, USD Million
Dental Clinics - Market Size & Forecast 2020-2030F, USD Million
Specialty - Market Size & Forecast 2020-2030F, USD Million
Laboratory - Market Size & Forecast 2020-2030F, USD Million
Ambulatory Surgical Centers - Market Size & Forecast 2020-2030F, USD Million
Dialysis Centers - Market Size & Forecast 2020-2030F, USD Million
Others - Market Size & Forecast 2020-2030F, USD Million

By Region

North America - Market Size & Forecast 2020-2030F, USD Million
South America - Market Size & Forecast 2020-2030F, USD Million
Europe - Market Size & Forecast 2020-2030F, USD Million
The Middle East & Africa - Market Size & Forecast 2020-2030F, USD Million
Asia-Pacific - Market Size & Forecast 2020-2030F, USD Million

🏢 Industry Leaders: Who’s Dominating the Medical Equipment Maintenance & Repair Market?

The market is highly competitive, with players launching innovation-driven products and investing in strategic partnerships. Key participants include:

Koninklijke Philips N.V.
GE HealthCare
Zimmer Biomet
Medtronic
Olympus Corporation
Siemens Healthcare GmbH
Carestream Health
Shimadzu Corporation
Boston Scientific Corporation
Terarecon, Inc.
Hoya Corporation
Smith+Nephew
DirectMed Imaging

These companies are focused on health-based R&D, expansion, and functional ingredient diversification.

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🧠 Frequently Asked Questions (FAQs)

What are the main drivers of the Medical Equipment Maintenance & Repair market?
Which segment leads the Medical Equipment Maintenance & Repair industry?
What regulatory challenges impact product development?
Who are the top players in the Medical Equipment Maintenance & Repair industry?

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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