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Medical Equipment Maintenance Market worth 2,242 Million USD by 2020




(PharmaNewsWire.Com, February 01, 2017 ) Browse 98 market tables and 38 figures spread through 131 pages and in-depth TOC on "Medical Equipment Maintenance Market"

http://www.marketsandmarkets.com/Market-Reports/medical-equipment-maintenance-market-69695102.html

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This market is experiencing remarkable growth due to the rising need to cut healthcare costs, reduce estimated time to repair (ETTR) of equipment, innovations in IT to minimize maintenance costs, and growing need to collect equipment data and integrate healthcare systems. However, data reliability issues associated with remote monitoring systems is a major factor limiting the growth of this market.



The report segments the medical equipment maintenance market (remote monitoring & maintenance) based on modality, vendor type, and region. On the basis of modality, the advanced modality segment dominates the medical equipment maintenance market (remote monitoring & maintenance) in 2015.



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On the basis of vendor type, the multi-vendor OEMs segment is estimated to grow at the highest CAGR during the forecast period. Growth in this segment is attributed to the fact that major companies in the market are offering full-fledged medical equipment maintenance (remote monitoring and maintenance) services.



Geographically, the medical equipment maintenance (remote monitoring and maintenance) market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2015, North America is expected to dominate the market, followed by Europe. However, Asia is expected to grow at the highest CAGR of 18.0% each during the forecast period.



Factors such as increasing public and private funding for the development of healthcare facilities, increasing awareness about diagnosing diseases at an early stage, rising patient population, and growing number of technologically advanced diagnostic imaging systems are likely to propel the growth of this market.



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The medical equipment maintenance market (remote monitoring & maintenance) is highly competitive. Prominent players in the medical equipment maintenance market (remote monitoring & maintenance) include GE Healthcare (U.K.), Siemens Healthcare GmbH (Germany), Koninklijke Philips N.V. (The Netherlands), Toshiba Medical Systems Corporation (Japan), Fujifilm Holdings Corporation (Japan), Hitachi Medical Systems, Inc. (Japan), Aramark (U.S.), Carestream Health, Inc. (U.S.), Dragerwerk AG & Co. KGaA (Germany), and Esaote SpA (Italy).



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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.



M&Ms flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.



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