Europe Medical Equipment Maintenance Market to Reach US$ 9,953.13 Mn at a CAGR of 8.7% in 2027 | The Insight Partners

Europe Medical Equipment Maintenance Market to 2027 - Regional Analysis and Forecasts By Device Type (Electromedical Equipment, Endoscopic Devices, Surgical Instruments, and Other Medical Equipment); Service Type (Preventive Maintenance, Corrective Maintenance and Operational Maintenance); Service Provider (Original Equipment Manufacturers, Independent Service Organizations, and In-House Maintenance) and Country

Publication Month: Jan 2020 | Report Code: TIPRE00008085 | No. of Pages: 131 | Category: Medical Device | Status: Published
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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)

Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

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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

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Europe Medical Equipment Maintenance Market – By Device Type

1.3.2        Europe Medical Equipment Maintenance Market – By Service Type

1.3.3        Europe Medical Equipment Maintenance Market – By Service Provider

1.3.4        Europe Medical Equipment Maintenance Market – By Country

2.           Europe Medical Equipment Maintenance Market– Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Medical Equipment Maintenance Market – Market Landscape

4.1         overview

4.2         PEST Analysis

4.2.1        Europe– PEST Analysis

5.           Europe Medical Equipment Maintenance Market - Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Rising Prevalence of Chronic Diseases

5.1.2        Increasing Purchase of Refurbished Medical Systems

5.1.3        Growing Medical Equipment Market

5.2         Key Market Restraint

5.2.1        Stringent Regulatory Policies

5.3         Key Market Opportunities

5.3.1        Growing Public Private Partnership in Healthcare Industry

5.4         Future Trends

5.4.1        Super Specialty and Multi-Specialty Hospitals are Expanding in Europe

5.5         Impact Analysis

6.           Medical Equipment Maintenance Market – Europe Analysis

6.1         Europe Medical Equipment Maintenance Market Revenue Forecasts and Analysis

6.2         Positioning Of Key Players

7.           Europe Medical Equipment Maintenance Market Analysis And Forecasts To 2027 – Device Type

7.1         Overview

7.2         Europe Medical Equipment Maintenance Market Share by Device Type 2018 & 2027 (%)

7.2.1        Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type  (US$ Mn)

7.3         Electromedical Equipment

7.3.1        Overview

7.3.2        Europe Electromedical Equipment Market Revenue and Forecast to 2027 (US$ Mn)

7.4         Endoscopic Devices

7.4.1        Overview

7.4.2        Europe Endoscopic Devices Market Revenue and Forecast to 2027 (US$ Mn)

7.5         Surgical Instruments

7.5.1        Overview

7.5.2        Europe Surgical Instruments Market Revenue and Forecast to 2027 (US$ Mn)

7.6         Other Medical Equipment

7.6.1        Overview

7.6.2        Europe Other Medical Equipment Market Revenue and Forecast to 2027 (US$ Mn)

8.           Europe Medical Equipment Maintenance Market Analysis And Forecasts To 2027 – Service Type

8.1         Overview

8.2         Europe Medical Equipment Maintenance Market Share by Service Type 2018 & 2027 (%)

8.2.1        Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

8.3         Preventive Maintenance

8.3.1        Overview

8.3.2        Europe Preventive Maintenance Market Revenue and Forecast to 2027 (US$ Mn)

8.4         Corrective Maintenance

8.4.1        Overview

8.4.2        Europe Corrective Maintenance Market Revenue and Forecast to 2027 (US$ Mn)

8.5         Operational Maintenance

8.5.1        Overview

8.5.2        Europe Operational Maintenance Market Revenue and Forecast to 2027 (US$ Mn)

9.           Medical Equipment Maintenance Market Analysis And Forecasts To 2027 – Service Provider

9.1         Overview

9.2         Europe Medical Equipment Maintenance Market Share by Service Provider 2018 & 2027 (%)

9.2.1        Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

9.3         Original Equipment Manufacturers

9.3.1        Overview

9.3.2        Europe Original Equipment Manufacturers Market Revenue and Forecast to 2027 (US$ Mn)

9.4         Independent Service Organizations

9.4.1        Overview

9.4.2        Europe Independent Service Organizations Market Revenue and Forecast to 2027 (US$ Mn)

9.5         In-House Maintenance

9.5.1        Overview

9.5.2        Europe In-House Maintenance Market Revenue and Forecast to 2027 (US$ Mn)

10.        Medical Equipment Maintenance Market Revenue and Forecasts to 2027 – Country Analysis

10.1      Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027

10.1.1     Overview

10.2      Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.3      Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

10.4      Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

10.5      Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

10.6      Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Country (%)

10.7      UK Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.7.1     UK Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.7.2     UK Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

10.7.3     UK Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

10.7.4     UK Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

10.8      Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.8.1     Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.8.2     Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

10.8.3     Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

10.8.4     Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

10.9      France Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.9.1     France Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.9.2     France Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

10.9.3     France Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

10.9.4     France Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

10.10   Italy Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.10.1  Italy Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.10.2  Italy Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

10.10.3  Italy Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

10.10.4  Italy Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

10.11   Spain Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.11.1  Spain Medical Equipment Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

10.11.2  Spain Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

10.11.3  Spain Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

10.11.4  Spain Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

11.        Europe Medical Equipment Maintenance Market –Industry Landscape

11.1      Overview

11.2      Growth Strategies in the Medical Equipment Maintenance Market, 2016-2019

11.3      Organic Developments

11.3.1     Overview

11.3.2     Organic Growth Strategies in the Medical Equipment Maintenance Market, 2016-2019

11.4      Inorganic Developments

11.4.1     Overview

11.4.2     Inorganic Growth Strategies in the Medical Equipment Maintenance Market, 2016-2019

12.        Europe Medical Equipment Maintenance Market–Key Company Profiles

12.1      Boston Scientific Corporation

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Financial Overview

12.1.4     Service Portfolio

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Medtronic

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Financial Overview

12.2.4     Service Portfolio

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Stryker

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Financial Overview

12.3.4     Service Portfolio

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Edwards Lifesciences Corporation

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Financial Overview

12.4.4     Service Portfolio

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Johnson & Johnson Services, Inc.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Financial Overview

12.5.4     Service Portfolio

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Abbott

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Financial Overview

12.6.4     Service Portfolio

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Terumo Corporation

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Financial Overview

12.7.4     Service Portfolio

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      B. Braun Melsungen AG

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Financial Overview

12.8.4     Service Portfolio

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Aramark

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Financial Overview

12.9.4     Service Portfolio

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10   Althea Group

12.10.1  Key Facts

12.10.2  Business Description

12.10.3  Financial Overview

12.10.4  Service Portfolio

12.10.5  SWOT Analysis

12.10.6  Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

LIST OF TABLES

Table 1.            Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

Table 2.            Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

Table 3.            Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

Table 4.            Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

Table 5.            Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

Table 6.            Europe Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

Table 7.            UK Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

Table 8.            UK Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

Table 9.            UK Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider (US$ Mn)

Table 10.         Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

Table 11.         Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

Table 12.         Germany Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider  (US$ Mn)

Table 13.         France Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

Table 14.         France Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

Table 15.         France Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider  (US$ Mn)

Table 16.         Italy Medical Device Market

Table 17.         Italy Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

Table 18.         Italy Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

Table 19.         Italy Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider  (US$ Mn)

Table 20.         Spain Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Device Type (US$ Mn)

Table 21.         Spain Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Type (US$ Mn)

Table 22.         Spain Medical Equipment Maintenance Market Revenue and Forecasts to 2027, By Service Provider  (US$ Mn)

Table 23.         Recent Organic Growth Strategies in the Medical Equipment Maintenance Market

Table 24.         Recent Inorganic Growth Strategies in the Medical Equipment Maintenance Market

Table 25.         Glossary of Terms, Medical Equipment Maintenance Market

LIST OF FIGURES

Figure 1.          Medical Equipment Maintenance Market Segmentation

Figure 2.          Europe Medical Equipment Maintenance Market Overview

Figure 3.          Electromedical Equipment Segment Held Largest Share Of The Device Type Segment In Medical Equipment Maintenance Market

Figure 4.          Germany Is Expected To Show Remarkable Growth During The Forecast Period

Figure 5.          Europe Medical Equipment Maintenance Market- Leading Country Markets (US$ Mn)

Figure 6.          Europe Medical Equipment Maintenance Market, Industry Landscape

Figure 7.          Europe PEST Analysis

Figure 8.          Medical Equipment Maintenance Market Impact Analysis Of Driver And Restraints

Figure 9.          Europe Medical Equipment Maintenance Market – Revenue Forecasts and Analysis – 2018- 2027

Figure 10.       Market Positioning Of Key Player In Europe Medical Equipment Maintenance Market

Figure 11.       Europe Medical Equipment Maintenance Market Share by Device Type 2018 & 2027 (%)

Figure 12.       Europe Electromedical Equipment Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 13.       Europe Endoscopic Devices Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 14.       Europe Surgical Instruments Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 15.       Europe Other Medical Equipment Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 16.       Europe Medical Equipment Maintenance Market Share by Service Type 2018 & 2027 (%)

Figure 17.       Europe Preventive Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 18.       Europe Corrective Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 19.       Europe Operational Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 20.       Europe Medical Equipment Maintenance Market Share by Service Provider 2018 & 2027 (%)

Figure 21.       Europe Original Equipment Manufacturers Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 22.       Europe Independent Service Organizations Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 23.       Europe In-House Maintenance Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 24.       Europe Medical Equipment Maintenance Market Overview, by Country (2018)

Figure 25.       Europe Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 26.       Europe Medical equipment maintenance market Revenue and Forecasts to 2027, By Country (%)

Figure 27.       UK Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 28.       Germany Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 29.       France Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 30.       Italy Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 31.       Spain Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 32.       Growth Strategies in the Medical Equipment Maintenance Market, 2016-2019

 


The List of Companies - Europe Medical Equipment Maintenance Market

 

  1. Boston Scientific Corporation
  2. Stryker
  3. Medtronic
  4. Edward Lifesciences Corporation
  5. Johnson & Johnson Services, Inc.
  6. Abbott
  7. Terumo Corporation
  8. B. Braun Melsungen AG
  9. Aramark
  10. Althea Group

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe medical equipment maintenance market.

 

  • Highlights key business priorities in order to assist companies to realign their business strategies.

 

  • The key findings and recommendations highlight crucial progressive industry trends in the Europe medical equipment maintenance market, thereby allowing players across the value chain to develop effective long-term strategies.

 

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

 

  • Scrutinize in-depth regional market trends and outlook coupled with the factors driving the market, as well as those hindering it.

 

  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

 

TIPRE00008085
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