Europe Medical Equipment Maintenance Market is expected to reach USD 12,326.8 million by 2025 from USD 6,846.2 million in 2017, at a CAGR of 7.7% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The major factors contributing to the growth of the market includes factors such as increasing preference for purchase of refurbished medical equipment and technological advancements for complex equipment maintenance. On the other hand, high initial cost & significant maintenance expenditure and lack of skilled professionals are hampering the growth of the market.

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Market Segmentation: Europe Medical Equipment Maintenance Market

• Europe medical equipment maintenance market is segmented on the basis of device into imaging equipment, endoscopic device surgical instrument, electro-medical equipment and others. In 2018, imaging equipment is expected to dominate the market with 32.8% market share and is expected to reach 4,203.9 million by 2025, growing at the highest CAGR of 8.3% in the forecast period 2018 to 2025.
• Europe medical maintenance equipment market is segmented on the basis of services type into preventive maintenance, corrective maintenance, and operational maintenance. In 2018, Europe preventive maintenance market is expected to dominate market with 45.6% market share and is expected to reach 5,751.0 million by 2025, growing at the highest CAGR of 8.1% in the forecast period 2018 to 2025.
• Europe medical maintenance equipment market is segmented on the basis of service provider into original equipment manufacturers, independent service organizations and in-house maintenance. In 2018, Europe medical maintenance equipment original equipment manufacturers market is expected to dominate market with 47.2% market share and is expected to reach 5,914.4 million by 2025, growing at the highest CAGR of 8.0% in the forecast period 2018 to 2025.

• Europe medical maintenance equipment market is segmented on the basis of end-user into public-sector organizations and private-sector organizations. In 2018, Europe medical maintenance equipment private-sector organizations market is expected to dominate market with 57.3% market share and is expected to reach 7,174.2 million by 2025, growing at the highest CAGR of 8.0% in the forecast period 2018 to 2025.

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Market Device
• Imaging Equipment,
• Endoscopic Device,
• Surgical Instrument,
• Electro-Medical Equipment
Service Type
• Preventive Maintenance,
• Corrective Maintenance,
• Operational Maintenance
Service Provider
• Original Equipment Manufacturers,
• Independent Service Organizations,
• In-House Maintenance
End User
• Private-Sector Organizations,
• Public-Sector Organizations
By Country
• Germany,
• France,
• United kingdom,
• Italy,
• Spain,
• Russia,
• Turkey,
• Belgium,
• Netherlands,
• Switzerland,
• Rest of Europe

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Key Drivers: Europe Medical Equipment Maintenance Market
Some of the major factors driving the market for Europe medical equipment maintenance market are increasing preference for purchase of refurbished medical equipment and technological advancements for complex equipment maintenance.

On the other hand, high initial cost & significant maintenance expenditure and lack of skilled professionals are hampering the growth of the market.
Key Points: Europe Medical Equipment Maintenance Market
Siemens AG is going to dominate the Europe medical equipment maintenance market followed by GE Healthcare and Philips Healthcare. Some of the other players are AGFA-GEVAERT, Canon Inc, Drägerwerk AG & CO. KGaA, Medtronic, Hitachi, Ltd, Fujifilm Holdings Corporation, B. Braun, HOYA Corporation among others.
• The imaging equipment segment is dominating the Europe medical equipment maintenance market with the market share 32.8%.

• The preventive maintenance is dominating the medical equipment maintenance market with 45.6% market share, growing at the highest CAGR 8.1% in the forecast period 2018 to 2025.

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