Europe Medical Equipment Maintenance Market Size & Trends

The Europe medical equipment maintenance market size is expected to reach USD 22.0 billion by 2030, according to the report., projected to grow at a CAGR of 9.91% from 2024 to 2030. Increasing investments by key players in the market for R&D is helping companies expand product and service offerings, enhance customer service, and increase market awareness. The market is witnessing growth owing to the increasing prevalence of chronic diseases, such as cancer and heart disease, in Europe. Chronic diseases often require regular monitoring and diagnostic procedures. This is expected to drive the demand for diagnostic equipment, such as MRI, CT scanners, and X-ray machines.

As the adoption of these devices in healthcare facilities increases, the need for maintenance and servicing grows significantly. For instance, according to the European Journal of Cancer, in November 2021, it was estimated that Europe had over 4 million new cases of cancer and approximately 1.9 million cancer-related deaths. In recent years, there has been a greater focus on preventive maintenance for medical equipment in healthcare institutions. This strategic approach involves implementing scheduled maintenance tasks to prevent larger and cost-effective repairs in the future. It also aims to minimize equipment downtime, improving day-to-day operations and enhancing the overall reliability of medical devices.

Furthermore, preventive maintenance is gaining traction due to its ability to prevent adverse incidents and medical device-related accidents through planned inspections and regular maintenance services. This proactive approach ensures the safe, efficient, and extended use of medical equipment. The increasing adoption of preventive maintenance strategies by healthcare organizations is anticipated to create growth opportunities for service providers in the future.

Europe Medical Equipment Maintenance Market Report Highlights

Based on equipment, the imaging equipment segment dominated the market in 2023 with the largest revenue share of 36.1%. The growth is attributed to the increasing demand for diagnostic imaging services and the growing installation base of imaging equipment in Europe
In terms of service providers, the OEM segment is anticipated to dominate the market, with the largest share in 2023, owing to the major presence of OEM in countries such as Germany, the UK, and Italy. Furthermore, the small/third-party providers are expected to register the fastest growth rate over the forecast period.
Based on country, Germany dominated the market in 2023 due to its well-developed healthcare system and a strong focus on ensuring medical device safety and regulatory compliance
In March 2023, GE Healthcare, a leading global provider of medical equipment maintenance services, and Advantus Health Partners entered into a 10-year agreement valued at up to EUR 718.08 million. This agreement would allow GE Healthcare's Healthcare Technology Management (HTM) services to be offered to the customers of Advantus Health Partners

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.1.1. Segment Definitions
1.1.1.1. Equipment Segment
1.1.1.2. Service Provider Segment
1.2. Regional Scope
1.3. Estimates and Forecast Timeline
1.4. Objectives
1.5. Research Methodology
1.6. Information Procurement
1.6.1. Purchased Database
1.6.2. Internal database
1.6.3. Secondary Sources
1.6.4. Primary Research
1.7. Information or Data Analysis
1.7.1. Data Analysis Models
1.8. Market Formulation & Validation
1.8.1. Model Details
1.9. Volume Price Analysis
1.10. List of Secondary Sources
1.11. List of Abbreviations

Chapter 2. Executive Summary

2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot

Chapter 3. Market Variables, Trends, & Scope

3.1. Market Segmentation and Scope
3.2. Market Lineage Outlook
3.2.1. Parent Market Outlook
3.2.2. Related/Ancillary Market Outlook
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.4. Business Environment Analysis
3.4.1. PESTLE Analysis
3.4.2. Porter’s Five Forces Analysis
3.5. COVID-19 Impact Analysis

Chapter 4. Equipment Business Analysis

4.1. Europe Medical Equipment Maintenance Market: Equipment Segment Dashboard
4.2. Europe Medical Equipment Maintenance Market: Equipment Movement Analysis
4.3. Imaging Equipment
4.3.1. Imaging Equipment Market, 2018 - 2030 (USD Million)
4.3.2. Digital X-Ray
4.3.2.1. Digital X-Ray Market, 2018 - 2030 (USD Million)
4.3.3. CT
4.3.3.1. CT Market, 2018 - 2030 (USD Million)
4.3.4. MRI
4.3.4.1. MRI Market, 2018 - 2030 (USD Million)
4.3.5. Ultrasound
4.3.5.1. Ultrasound Market, 2018 - 2030 (USD Million)
4.3.6. Others
4.3.6.1. Others Market, 2018 - 2030 (USD Million)
4.3.6.2. Life Support Devices
4.3.6.2.1. Life Support Devices Market, 2018 - 2030 (USD Million)
4.3.6.3. Dental Equipment
4.3.6.3.1. Dental Equipment, Market, 2018 - 2030 (USD Million)
4.4. Surgical Instruments
4.4.1. Surgical Instruments Market, 2018 - 2030 (USD Million)
4.5. Electromedical Equipment
4.5.1. Electromedical Equipment Market, 2018 - 2030 (USD Million)
4.6. Endoscopic Devices
4.6.1. Endoscopic Devices Market, 2018 - 2030 (USD Million)
4.7. Patient Monitoring Devices
4.7.1. Patient Monitoring Devices Market, 2018 - 2030 (USD Million)
4.8. Other Medical Equipment
4.8.1. Other Medical Equipment Market, 2018 - 2030 (USD Million)

Chapter 5. Service provider Business Analysis

5.1. Europe Medical Equipment Maintenance Market: Service Provider Segment Dashboard
5.2. Europe Medical Equipment Maintenance Market: Service Provider Movement Analysis
5.3. OEM
5.3.1. OEM Market, 2018 - 2030 (USD Million)
5.4. Small/Third Party Providers
5.4.1. Small/Third Party Providers Market, 2018 - 2030 (USD Million)

Chapter 6. Regional Business Analysis

6.1. Europe medical equipment maintenance Market Share by Country, 2023 & 2030
6.1.1. Europe medical equipment maintenance Market, 2018 - 2030 (USD Million)
6.1.2. Germany
6.1.2.1. Key Country Dynamics
6.1.2.2. Regulatory Framework/Scenario
6.1.2.3. Competitive Scenario
6.1.2.4. Germany medical equipment maintenance Market, 2018 - 2030 (USD Million)
6.1.3. France
6.1.3.1. Key Country Dynamics
6.1.3.2. Regulatory Framework/Scenario
6.1.3.3. Competitive Scenario
6.1.3.4. France medical equipment maintenance Market, 2018 - 2030 (USD Million)
6.1.4. UK
6.1.4.1. Key Country Dynamics
6.1.4.2. Regulatory Framework/Scenario
6.1.4.3. Competitive Scenario
6.1.4.4. UK medical equipment maintenance Market, 2018 - 2030 (USD Million)
6.1.5. Italy
6.1.5.1. Key Country Dynamics
6.1.5.2. Regulatory Framework/Scenario
6.1.5.3. Competitive Scenario
6.1.5.4. Italy Medical Equipment Maintenance Market, 2018 - 2030 (USD Million)
6.1.6. Spain
6.1.6.1. Key Country Dynamics
6.1.6.2. Regulatory Framework/Scenario
6.1.6.3. Competitive Scenario
6.1.6.4. Spain medical equipment maintenance Market, 2018 - 2030 (USD Million)
6.1.7. Switzerland
6.1.7.1. Key Country Dynamics
6.1.7.2. Regulatory Framework/Scenario
6.1.7.3. Competitive Scenario
6.1.7.4. Switzerland Medical Equipment Maintenance Market, 2018 - 2030 (USD Million)
6.1.8. Sweden
6.1.8.1. Key Country Dynamics
6.1.8.2. Regulatory Framework/Scenario
6.1.8.3. Competitive Scenario
6.1.8.4. Sweden Medical Equipment Maintenance Market, 2018 - 2030 (USD Million)
6.1.9. Denmark
6.1.9.1. Key Country Dynamics
6.1.9.2. Regulatory Framework/Scenario
6.1.9.3. Competitive Scenario
6.1.9.4. Denmark Medical Equipment Maintenance Market, 2018 - 2030 (USD Million)
6.1.10. Norway
6.1.10.1. Key Country Dynamics
6.1.10.2. Regulatory Framework/Scenario
6.1.10.3. Competitive Scenario
6.1.10.4. Norway Medical Equipment Maintenance Market, 2018 - 2030 (USD Million)

Chapter 7. Competitive Landscape

7.1. Company Categorization
7.2. Company Market Share Analysis, 2023
7.3. Strategy Mapping
7.3.1. Merger& Acquisition
7.3.2. Collaborations
7.3.3. New Product Launch
7.4. Participant’s overview
7.4.1. GE Healthcare
7.4.1.1. Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Strategic Initiatives
7.4.2. Siemens Healthineers
7.4.2.1. Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Strategic Initiatives
7.4.3. Koninklijke Philips N.V.
7.4.3.1. Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Strategic Initiatives
7.4.4. Medtronic
7.4.4.1. Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Strategic Initiatives
7.4.5. B. Braun SE (B. Braun Melsungen AG)
7.4.5.1. Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Strategic Initiatives
7.4.6. Althea Group
7.4.6.1. Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Strategic Initiatives
7.4.7. Drägerwerk AG & Co. KGaA
7.4.7.1. Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Strategic Initiatives
7.4.8. Wisag
7.4.8.1. Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Strategic Initiatives
7.4.9. VI.TECH GmbH
7.4.9.1. Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Strategic Initiatives

List of Tables

Table 1 List of secondary sources
Table 2 List of abbreviations
Table 3 Europe medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 4 Europe medical equipment maintenance market, by service providers, 2018 - 2030 (USD Million)
Table 5 Europe medical equipment maintenance market, by country, 2018 - 2030 (USD Million)
Table 6 Europe medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 7 Europe medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)
Table 8 UK Europe medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 9 UK Europe medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)
Table 10 Germany Europe medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 11 Germany medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)
Table 12 France medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 13 France medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)
Table 14 Italy medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 15 Italy medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)
Table 16 Spain medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 17 Spain medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)
Table 18 Switzerland medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 19 Switzerland medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)
Table 20 Sweden medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 21 Sweden medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)
Table 22 Denmark medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 23 Denmark medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)
Table 24 Norway medical equipment maintenance market, by equipment, 2018 - 2030 (USD Million)
Table 25 Norway medical equipment maintenance market, by service provider, 2018 - 2030 (USD Million)

List of Figures

Fig. 1 Europe medical equipment maintenance market segmentation
Fig. 2 Market research process
Fig. 3 Data triangulation techniques
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value chain-based sizing & forecasting
Fig. 7 QFD modeling for market share assessment
Fig. 8 Market formulation & validation
Fig. 9 Market snapshot
Fig. 10 Segment snapshot
Fig. 11 Competitive landscape
Fig. 12 Parent market outlook (USD Billion)
Fig. 13 Europe medical equipment maintenance market dynamics
Fig. 14 Europe medical equipment maintenance market: Porter’s five forces analysis
Fig. 15 Europe medical equipment maintenance market: PESTLE analysis
Fig. 16 Europe medical equipment maintenance market: Segment dashboard
Fig. 17 Europe medical equipment maintenance market: Equipment market share analysis, 2023 & 2030
Fig. 18 Imaging equipment market, 2018 - 2030 (USD Million)
Fig. 19 CT market, 2018 - 2030 (USD Million)
Fig. 20 MRI market, 2018 - 2030 (USD Million)
Fig. 21 Digital X-ray market, 2018 - 2030 (USD Million)
Fig. 22 Ultrasound market, 2018 - 2030 (USD Million)
Fig. 23 Others market, 2018 - 2030 (USD Million)
Fig. 24 Life support devices market, 2018 - 2030 (USD Million)
Fig. 25 Dental equipment market, 2018 - 2030 (USD Million)
Fig. 26 Electromedical devices market, 2018 - 2030 (USD Million)
Fig. 27 Endoscopic devices market, 2018 - 2030 (USD Million)
Fig. 28 Surgical instruments market, 2018 - 2030 (USD Million)
Fig. 29 Patient monitoring devices market, 2018 - 2030 (USD Million)
Fig. 30 Other medical equipment market, 2018 - 2030 (USD Million)
Fig. 31 Europe medical equipment maintenance market: Service provider segment dashboard
Fig. 32 Europe medical equipment maintenance market: Service provider market share analysis, 2023 & 2030
Fig. 33 OEM market, 2018 - 2030 (USD Million)
Fig. 34 Small/third party providers market, 2018 - 2030 (USD Million)
Fig. 35 Key country dynamics
Fig. 36 Germany medical equipment maintenance market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 Germany estimated OEM company market revenue shares, 2018 - 2022 (USD Million)
Fig. 38 Germany estimated small/third party providers company market revenue shares, 2018 - 2022 (USD Million)
Fig. 39 Key country dynamics
Fig. 40 France medical equipment maintenance market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 France estimated OEM company market revenue shares, 2018 - 2022 (USD Million)
Fig. 42 France estimated small/third party providers company market revenue shares, 2018 - 2022 (USD Million)
Fig. 43 Key country dynamics
Fig. 44 UK: medical equipment maintenance market, 2018 - 2030 (USD Million)
Fig. 45 UK estimated OEM company market revenue shares, 2018 - 2022 (USD Million)
Fig. 46 UK estimated small/third party providers company market revenue shares, 2018 - 2022 (USD Million)
Fig. 47 Key country dynamics
Fig. 48 Italy medical equipment maintenance market, 2018 - 2030 (USD Million)
Fig. 49 Italy estimated OEM company market revenue shares, 2018 - 2022 (USD Million)
Fig. 50 Italy estimated small/third party providers company market revenue shares, 2018 - 2022 (USD Million)
Fig. 51 Key country dynamics
Fig. 52 Spain medical equipment maintenance market, 2018 - 2030 (USD Million)
Fig. 53 Spain estimated OEM company market revenue shares, 2018 - 2022 (USD Million)
Fig. 54 Spain estimated small/third party providers company market revenue shares, 2018 - 2022 (USD Million)
Fig. 55 Key country dynamics
Fig. 56 Switzerland medical equipment maintenance market, 2018 - 2030 (USD Million)
Fig. 57 Switzerland estimated OEM company market revenue shares, 2018 - 2022 (USD Million)
Fig. 58 Switzerland estimated small/third party providers company market revenue shares, 2018 - 2022 (USD Million)
Fig. 59 Key country dynamics
Fig. 60 Sweden medical equipment maintenance market, 2018 - 2030 (USD Million)
Fig. 61 Sweden estimated OEM company market revenue shares, 2018 - 2022 (USD Million)
Fig. 62 Sweden estimated small/third party providers company market revenue shares, 2018 - 2022 (USD Million)
Fig. 63 Key country dynamics
Fig. 64 Denmark medical equipment maintenance market, 2018 - 2030 (USD Million)
Fig. 65 Denmark estimated OEM company market revenue shares, 2018 - 2022 (USD Million)
Fig. 66 Denmark estimated small/third party providers company market revenue shares, 2018 - 2022 (USD Million)
Fig. 67 Key country dynamics
Fig. 68 Norway medical equipment maintenance market, 2018 - 2030 (USD Million)
Fig. 69 Norway estimated OEM company market revenue shares, 2018 - 2022 (USD Million)
Fig. 70 Norway estimated small/third party providers company market revenue shares, 2018 - 2022 (USD Million)
Fig. 71 Company categorization
Fig. 72 Strategy mapping

Companies Profiled

GE Healthcare
Siemens Healthineers
Koninklijke Philips N.V.
Medtronic
B. Braun SE (B. Braun Melsungen AG)
Althea Group
Drägerwerk AG & Co. KGaA
Wisag
VI.TECH GmbH

Methodology

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Table Information

Report Attribute	Details
No. of Pages	100
Published	November 2023
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 11.4 Billion
Forecasted Market Value ( USD ) by 2030	$ 22 Billion
Compound Annual Growth Rate	9.9%
Regions Covered	Europe
No. of Companies Mentioned	9

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Europe Medical Equipment Maintenance Market Size, Share & Trends Analysis Report by Equipment (Imaging Equipment, Surgical Instruments), Service Provider (OEM, Small/Third Party Providers), Country, and Segment Forecast, 2024-2030

Europe Medical Equipment Maintenance Market Report Highlights

Table of Contents

Companies Profiled

Methodology

Table Information

Europe Medical Equipment Maintenance Market Report Highlights

Table of Contents

Companies Profiled

Methodology

Table Information

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