Europe medical equipment maintenance market is anticipated to reach US$ 9,953.13 Mn in 2027 from US$ 4,740.94 Mn in 2018. The medical equipment maintenance market is expected to rise with a CAGR of 8.7% from 2019-2027.
The rise of the medical equipment maintenance market is driven by factors such as the prevalence of chronic diseases, growing medical equipment, and increasing purchase of refurbished medical systems are expected to boost the market over the years. But, stringent regulatory policies are likely to hinder the growth of the market in the future years.
Refurbishment is the systematic process of delivering used equipment to the same condition as when new or even better. In the medical device or equipment, refurbishing means extending its lifetime of the machine, generally from 5 or 7 to 10 or 14 years or above. Hence it fits as a form or reuse and waste prevention. Hospitals are the primary end-users of capital medical equipment, and has become increasingly cost-conscious because of the economic downturn and increasing cost burden on healthcare systems. The healthcare sector is increasingly facing heavy cost pressures. These cost-saving pressures affect the demand for medical devices as well as the characteristics of these devices. According to COCIR, around 95% of medical companies in Europe are small and medium-sized enterprises (SMEs), employing less than 250 people. In 2015, the refurbished diagnostic imaging equipment accounted for 75.5% of the global demand for refurbished medical devices. Based on the above factors, the market for refurbished medical devices will propel the medical equipment maintenance market.
Germany is expected to dominate the market in the European region, owing to an increase in the medical device industry in Germany. Moreover, the prevalence of chronic diseases, the presence of various well-established players in the medical equipment market, is anticipated to increase significantly during the future period. Hence, considering the mentioned factors, the medical equipment maintenance market is expected to grow at a significant pace in Germany during the forecast period.
Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
EUROPE MEDICAL EQUIPMENT MAINTENANCE – MARKET SEGMENTATION
By Device Type
- Electromedical Equipment
- Endoscopic Devices
- Surgical Instruments
- Other Medical Equipment
By Service Type
- Preventive Maintenance
- Corrective Maintenance
- Operational Maintenance
By Service Provider
- Original Equipment Manufactures
- Independent Service organization
- In-House Maintenance
By Geography
Europe
- Germany
- France
- UK
- Italy
- Spain
Company Profiles
- Boston Scientific Corporation
- Stryker
- Medtronic
- Edward Lifesciences Corporation
- Johnson & Johnson Services, Inc.
- Abbott
- Terumo Corporation
- B. Braun Melsungen AG
- Aramark
- Althea Group
Europe Medical Equipment Maintenance Report Scope
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 4,740.94 Million |
Market Size by 2027 | US$ 9,953.13 Million |
Global CAGR (2019 - 2027) | 8.7% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Device Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset


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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Device Type, Service Type, Service Provider and Country

Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
UK, Germany, France, Italy, Russia
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The List of Companies - Europe Medical Equipment Maintenance Market
- Boston Scientific Corporation
- Stryker
- Medtronic
- Edward Lifesciences Corporation
- Johnson & Johnson Services, Inc.
- Abbott
- Terumo Corporation
- B. Braun Melsungen AG
- Aramark
- Althea Group