2019 Medical Equipment Maintenance Market to Emerge with 9% of CAGR by 2027 with $36,525.26 Million Revenue Growth

October 03 12:38 2019
2019 Medical Equipment Maintenance Market to Emerge with 9% of CAGR by 2027 with $36,525.26 Million Revenue Growth

Medical Equipment Maintenance Market
Chronic diseases such as obesity, diabetes, stroke, and heart disease, are among the leading causes of death and account for most of the nation’s health care costs.

According to a new market research study titled ‘Medical Equipment Maintenance Market to 2027 – Global Analysis and Forecasts by Device Type, Service Type and Service Provider.’ The Global medical equipment maintenance market is expected to reach US$ 36,525.26 Mn in 2027 from US$ 16,943.29 Mn in 2018.

Medical Equipment Maintenance Market to 2027 – Global Analysis and Forecasts By Device Type (Imaging Equipment, Advanced Modalities, Primary Modalities, Endoscopic Devices, Surgical Instruments, Electro Medical Equipment And Other Medical Equipment) Service Type (Preventive Maintenance, Corrective Maintenance, And Operational Maintenance), Service Provider (Original Equipment Manufacturers (OEMS), Independent Service Organizations (ISOS) And In-House Maintenance), End User (Public-Sector Organization And Private-Sector Organizations) and Geography

Get Sample PDF Copy at https://www.theinsightpartners.com/sample/TIPHC00002593

According to the Centers for Disease Control and Prevention (CDC) in 2019, almost 6 in 10 people in the US suffer from at least one chronic disease and 4 in 10 people have two or more chronic conditions. Also, cancer is one of the leading cause of death in the North America region. Furthermore, the American Cancer Society (ACS) estimated that in 2018, there was a diagnosis of approximately 1,735,350 new cancer cases. As per the data published by the World Health Organization (WHO), in 2014, around 230 million people in China had CVD. Also, by 2030, the number is predicted to increase by 50% considering the aging Chinese population and growth. Additionally, by 2030, cardiovascular disease will cost $ 1,044 billion to the Chinese government.

According to the Kidney Foundation of Canada, it is estimated that 70% – 80% of the cases are diagnosed with calcium oxalate stones in 2018. Moreover, according to the European Medical Journal, the prevalence of the urinary tract stones across the world ranges approximately from 4% to 20%. Furthermore, it is estimated that the rise in the cases may witness the increase near about from 40% to 50% by 2050. The article also stated that in the USA, the prevalence of nephrolithiasis was approximately 10% in men and 7% in women in 2015. Furthermore, the statistic for the prevalence of the kidney stone was observed in the countries such as Italy, Spain, and Scotland, the percentage of the prevalence of the kidney stone were near about 1%, 10%, and 3.5% respectively. Hence, the rise in the prevalence of chronic diseases is anticipated to drive the market during the forecast period.

According to the estimates by The Asia Pacific Burden of Disease, the death rate of CVD is approximately 272 per 100,000 people in India, which is comparatively higher than the Asia Pacific average (i.e., 235 per 100 000 population). Similar trends for the increased prevalence of diabetes is witnessed among Asian countries such as Australia, China, and South Korea. For instance, as per IDF Diabetes Atlas published by the International Diabetes Federation in 2017, South-East Asia consists of almost one-fifth of the Asia Pacific diabetes population.

The report segments the Global medical equipment maintenance market as follows:

Global medical equipment maintenance market – By Device Type
•    Electromedical Equipment
•    Endoscopic Devices
•    Surgical Instruments
•    Other Medical Equipment

Global medical equipment maintenance market – By Service Type
•    Preventive Maintenance
•    Corrective Maintenance
•    Operational Maintenance

Global medical equipment maintenance market – By Service Provider
•    Original Equipment Manufacturers
•    Independent Service Organizations
•    In-House Maintenance

Buy Complete Analysis at https://www.theinsightpartners.com/buy/TIPHC00002593

Media Contact
Company Name: The Insight Partners
Contact Person: Sam J
Email: Send Email
Phone: +1-646-491-9876
Address:Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.theinsightpartners.com/

  Categories: