General Electric Company, Siemens Healthcare GmbH and Medtronic PLC, are dominating the Middle East and Africa Medical Equipment Maintenance market in 2022

Middle East and Africa Medical Equipment Maintenance Market is expected to grow with the CAGR of 7.9% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Middle East & Africa medical equipment maintenance market is a fragmented market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Middle East & Africa medical equipment maintenance market are introducing strong range of hardware and software portfolio. This helped companies to maximize the sales with enhanced service portfolio.

For instance,

  • In November 2021, General Electric Company had adopted intelligent Health Ecosystem with launch of Edison developer program to ease AI adoption across the healthcare industry. This had further helped the healthcare workers to provide access to market-ready algorithms and applications by directly integrating technologies into existing workflows.
  • In December 2021, Medtronic to Acquire Affera Inc. the company designs and manufactures cardiac mapping and navigation systems and catheter-based cardiac ablation technologies, including a differentiated, focal pulsed field ablation solution, for the treatment of patients with cardiac arrhythmias such as atrial fibrillation. Through this the company got the opportunity to enhance their market.
  • In January 2022, Siemens Healthineers. renewed its partnership with MEDILINES Distributors, Inc, extending by three more years the listed trading firm’s sale and distribution of diagnostic imaging devices and specialized molecular imaging equipment. Through this the company got the opportunity to enhance their market.

General Electric Company is the dominating player in Middle East & Africa medical equipment maintenance market. The other key players existing in the market includes Koninklijke Philips N.V., Siemens Healthcare GmbH, Medtronic, FUJIFILM Europe GmbH, CANON MEDICAL SYSTEMS CORPORATION, Shimadzu Corporation, Agfa-Gevaert Group, Olympus Corporation, Carestream Health, KARL STORZ, SAMSUNGHEALTHCARE.COM, Hitachi, Ltd., Terumo Corporation, Drägerwerk AG & Co. KGaA, Richard Wolf GmBH, Cook Medical LLC among others.

Middle East & Africa Medical Equipment Maintenance MarketSiemens Healthcare GmbH

Siemens Healthcare GmbH is headquartered in Erlangen, Germany which was established in 1896. The company is engaged in offering medical imaging, laboratory diagnostics and point-of-care testing solutions and services for consumer. The business segment of the company includes Imaging, Diagnostics and Adavanced therapies out of which market focused segment include imaging. The service categories of the company includes equipment optimization & maintenance services, services advantage and market focused service category include equipment optimization & maintenance services.

  • In May 2020, Siemens Healthcare GmbH entered into a long term partnership with HERE Technologies. The key feature of this partnership was to enhance supply chain visibility of time-critical, high-value medical equipment. Moreover, this partnership focused on to improve end-to-end locating service parts and to locate high-value medical equipment service parts. With this partnership both the companies focused to enhance and improve availability of the medical equipment service parts for the consumer.

The company has presence in North America, Europe, Asia-Pacific, South America, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Befund24 Gmbh (Germany), Siemens Healthcare Limited (U.K.), Minicare B.V. (Netherlands), and among others

General Electric Company

General Electric Company is headquartered in Illinois, US which was established in 1892. The company is engaged in offering healthcare and biotechnology product, solutions and services for consumer. The service categories of the company include digital solutions, documentation, library, interobility, healthcare technology management services agreement, services enablers, service shop, marketing library, services segments out of which services enablers is market focused category.

  • In September 2021, General Electric Company acquired BK Medical. The key feature of this acquisition was to strengthen ultrasound product and service portfolio. Moreover with this acquisition company aimed to growing beyond diagnostics into surgical and therapeutic. This will help the company to expand its market and offer quality products and services for it customer.

The company has presence in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as GE Healthcare (U.S.), GE Aviation (U.S.), GE Capital (U.S.), and among others.

Medtronic PLC

Medtronic PLC is headquartered in Dublin, Ireland. Which was established in 1949. The company provides medical equipment and healthcare technology solutions for the most complex and challenging condition. The service categories of the company include cardiovascular, medical surgical, neuroscience, diabetes are market focused segments.

  • In January 2022, Medtronic announces results showing meaningful pain relief using DTM Spinal Cord Stimulation endurance therapy. Through this the company got the opportunity to enhance their market.

The company has presence in North America, Europe, Asia-Pacific, South America, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as CLEARUM, (Germany), Auto suture do Ltda. (Brasil), and among others.