Medical equipment maintenance plays a vital role in ensuring the optimal performance and longevity of healthcare devices. Its applications include preventive maintenance, corrective repairs, and equipment upgrades. Features of medical equipment maintenance encompass scheduled inspections, calibration, and adherence to manufacturer specifications. Requirements involve trained technicians, access to spare parts, and compliance with regulatory standards. Usage of maintenance services ensures equipment reliability, minimizes downtime, enhances patient safety, and extends the lifespan of medical devices, supporting efficient healthcare delivery and quality patient care.
According to Data Bridge Market Research, the Middle East and Africa Medical Equipment Maintenance Market is expected to reach USD 1,710.43 million by 2029. The market is expected to grow with a CAGR of 7.9% in the forecast period of 2022 to 2029.
“Rising prevalence of chronic diseases boosts the market’s growth”
The growth of the Middle East and Africa medical equipment maintenance market is driven by the rising prevalence of chronic diseases. As the incidence of chronic conditions such as cardiovascular diseases, cancer, and respiratory disorders increases, there is a growing demand for well-maintained medical equipment to ensure accurate diagnosis and effective treatment. Regular maintenance and servicing of medical equipment are crucial to maintaining their performance, reliability, and safety. This trend fuels the growth of the medical equipment maintenance market as healthcare facilities prioritize the upkeep of their equipment to deliver high-quality care to patients.
What restraints the growth of the Middle East and Africa medical equipment maintenance market?
“Higher costs associated with equipment maintenance restraints the market’s growth”
The growth of the Middle East and Africa medical equipment maintenance market is restrained by the higher costs associated with equipment maintenance. The expenses involved in regular servicing, repairs, and replacement parts for medical equipment can be significant. This poses a challenge for healthcare facilities, particularly those with limited budgets or resource constraints. The high cost of maintenance can hinder the adoption of comprehensive maintenance programs or lead to delays in equipment servicing, which may impact the efficiency and reliability of healthcare services. Managing and reducing the costs of equipment maintenance is crucial for driving the growth of the market.
Segmentation: Medical Equipment Maintenance Market
The Middle East and Africa medical equipment maintenance market is segmented on the basis of device type, service type, service providers, level of maintenance, and end user.
- On the basis of device type, the medical equipment maintenance market has been segmented into imaging equipment, endoscopic devices, surgical instruments, electro medical equipment, and other medical equipment.
- On the basis of service type, the medical equipment maintenance market has been segmented into performance/operational, preventive, and corrective.
- On the basis of service providers, the medical equipment maintenance market has been segmented into external service providers, and in-house service providers.
- On the basis of level of maintenance, the medical equipment maintenance market has been segmented into level 1 user (or first-line), level 2 technician, level 3 specialized.
- On the basis of end user, the medical equipment maintenance market has been segmented into hospitals, clinics, laboratory, other health care centers.
Regional Insights: Israel dominates the Middle East and Africa medical equipment maintenance market
Israel is dominating country in this region fuelled by the rapidly expanding healthcare infrastructure and supportive government initiatives aimed at improving healthcare services. The rapid expansion of healthcare infrastructure, is supported by government initiatives. Additionally, the increasing automation, digitization of radiology, and adoption of minimally invasive procedures, including diagnostic imaging systems, in hospitals are driving the demand for medical equipment. This demand for medical equipment maintenance services is on the rise as healthcare facilities aim to enhance patient care quality while minimizing invasive marks and ensuring optimal equipment performance.
Arabia stands second in this region driven by increasing health awareness among individuals and the growing usage of medical equipment for diagnostic and therapeutic purposes.
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The Prominent Key Players Operating in the Middle East and Africa Medical Equipment Maintenance Market Include:
- Koninklijke Philips N.V. (Netherlands)
- Siemens Healthcare GmbH (Germany)
- General Electric Company (U.S.)
- FUJIFILM Holdings Corporation (Japan)
- CANON MEDICAL SYSTEMS CORPORATION (Japan)
- Drägerwerk AG & Co. KGaA (Germany)
- Shimadzu Corporation (Japan)
- Hitachi, Ltd. (Japan)
- Agfa-Gevaert Group (Belgium)
- Olympus Corporation (Japan)
- Medtronic (U.S.)
- Carestream Health (U.S.)
- KARL STORZ SE & Co. KG (Germany)
- Richard Wolf GmbH (Germany)
- Cook (U.S.)
- SAMSUNGHEALTHCARE.COM (South Korea)
- Terumo Corporation (Japan)
Above are the key players covered in the report, to know about more and exhaustive list of Middle East and Africa medical equipment maintenance market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Middle East and Africa Medical Equipment Maintenance Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
