North America Medical Equipment Maintenance Services Market Size

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North America Medical Equipment Maintenance
Market by Manufacturers, Countries, Type and
Application, Forecast to 2022

• Ken Research

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Medical equipment maintenance services are
prominent tools in optimizing equipment uptime
and reducing maintenance costs largely. These
services include equipment-monitoring,
diagnostics of the equipment, troubleshooting of
failures, preventative maintenance, and product
automation upgrades.
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The global medical industry is one of the world's
fastest growing industries, absorbing over 10 of
gross domestic product of most developed nations.
It constitutes of broad services offered by
various hospitals, physicians, nursing homes,
diagnostic laboratories, pharmacies and ably
supported by drugs, pharmaceuticals, chemicals,
medical equipment, manufacturers and suppliers.
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The worlds major regions are expected to see
health care spending increases ranging from 2.4
percent to 7.5 percent between 2015 and 2020.
Even as countries strive to expand health care
access or institute forms of universal coverage,
infrastructure issues are making it increasingly
difficult for public health care systems to
sustain current levels of service and
affordability.
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Medical devices are assets that directly affect
human lives. It is important to have a
well-planned and managed maintenance program that
is able to keep the medical equipment in a
health-care institution reliable, safe and
available for use when it is needed for
diagnostic procedures, therapy, treatments and
monitoring of patients.
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A maintenance strategy includes procedures for
inspection, as well as preventive and corrective
maintenance. Performance inspections ensure that
equipment is operating correctly, safety
inspections ensure the equipment is safe for both
patients and operators, and preventive
maintenance (PM) aims to extend the life of the
equipment and reduce failure rates.
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Additionally, some hidden problems may be
discovered during a scheduled inspection.
However, performing inspections of equipment only
ensures that the device is in good operating
condition at the time of inspectioan and cannot
eliminate the possibility of failure during
future use the nature of most electrical and
mechanical components is that they can
potentially fail at any time. Corrective
maintenance (CM) restores the function of a
failed device and allows it to be put back into
service.
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An effective medical equipment maintenance
program consists of adequate planning, management
and implementation. Planning considers the
financial, physical and human resources required
to adequately implement the maintenance
activities. Once the program has been defined,
financial, personnel and operational aspects are
continually examined and managed to ensure the
program continues uninterrupted and improves as
necessary. Ultimately, proper implementation of
the program is key to ensuring optimal equipment
functionality.
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The global market of medical equipment
maintenance (remote monitoring maintenance) is
expected to reach USD 2,242.0 million by 2020
from USD 1,034.2 million in 2015, at a CAGR of
16.7 during the forecast period. This market is
experiencing remarkable growth due to the rising
need to cut healthcare costs, reduce estimated
time to repair (ETTR) of equipment, innovations
in IT to minimize maintenance costs, and growing
need to collect equipment data and integrate
healthcare systems. However, data reliability
issues associated with remote monitoring systems
is a major factor limiting the growth of this
market.
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The market of medical equipment maintenance is
dominated by North America, followed by Europe,
Asia, and the Rest of the World. While North
America is expected to dominate the market in
2015, Asia is expected to grow at the highest
CAGR during the forecast period. Factors such as
increasing public and private funding for the
development of healthcare facilities, increasing
awareness about diagnosing diseases at an early
stage, rising patient population, and growing
number of technologically advanced diagnostic
imaging systems are likely to propel the growth
of market of  medical equipment maintenance.
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cal-devices/north-america-medical-equipment-mainte
nance/111174-91.html Related reports Interventi
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2017 Contact UsKen ResearchAnkur Gupta, Head
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