Industry Background:
As with the management of medical devices is on the higher level of complexity in last few years, because of the increasing sophistication and specialization of equipment, integration with electronic networks, high dependency on outsourcing for specialized maintenance and repair, and ever-increasing necessities for compliance, safety, reliability, and accuracy. By considering these matters need to be addressed while maintaining an equipment inventory capable of providing the right equipment at the right time for the right application.This growth is primarily driven by High growth in the equipment market across the globe, majorly in the Asia Pacific regions. Enhancement of the healthcare industry, along with the rising concern towards preventive medical equipment markets. Simultaneously, there are increasing trends for the purchase of refurbished medical systems..
Globally, a noticeable market trend is evident High Adoption of the Multi-Vendor Contracts
. Major Players, such as GE Healthcare (United States), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers (Germany), Toshiba Medical Systems Europe (Germany), Drägerwerk AG & Co. KGaA (Germany), Aramark (United States), BC Technical, Inc. (United States), Alliance Medical Group (United Kingdom), Althea Group (Italy), Pantheon (Italy), Hitachi (Japan) and Philips (Netherlands) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Sep 2019, EquipX announced the collaboration with Siemens Healthineers to manage the clinical equipment by maintaining the real operating costs, business profitability, and others. Through this step, the company is aiming to enhance its market position and earn more benefits.
Market Drivers
- High growth in the equipment market across the globe, majorly in the Asia Pacific regions. Enhancement of the healthcare industry, along with the rising concern towards preventive medical equipment markets. Simultaneously, there are increasing trends for the purchase of refurbished medical systems.
Market Trend
- High Adoption of the Multi-Vendor Contracts
- High Adoption of Maintenance Insurance for the Imaging Centers
Restraints
- Required High Initial Cost for Entering in this Market
Opportunities
Increasing Innovations in Service Offerings and Rapid Adoption of the IoT and Appearance of ISOs
Challenges
Strong Market Competition, Difficult to Survive Small Players
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Medical Equipment Maintenance Study Sheds Light on
The Medical Equipment Maintenance Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Medical Equipment Maintenance industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Medical Equipment Maintenance industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.