MEDICAL EQUIPMENT MAINTENANCE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Medical Equipment Maintenance Market Size and Forecast – 2025 to 2032

The medical equipment maintenance market is estimated to be valued at USD 55.72 Bn in 2025 and is expected to reach USD 106.60 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 9.7% from 2025 to 2032.

Key Takeaways

• By Product, Electromedical Equipment hold the largest market share of 35.4% in 2025 owing to its increasing complexity and diversity of electromedical devices.
• By Maintenance Type, Preventive Maintenance expected to hold largest market share of 46.4% in 2025 owing to the enhanced equipment reliability and safety.
• By Service Provider, Original Equipment Manufacturer acquired the prominent market share of 43.4% in 2025 as expertise and specialized knowledge.
• By End User, Hospitals dominates the overall market share in 2025 owing to the regulatory compliance and safety standards.
• By Region, North America dominates the overall market with an estimated share of 43% in 2025 owing to the advanced healthcare infrastructure.

Market Overview

The Medical Equipment Maintenance Market is evolving rapidly as healthcare devices become more complex and the demand for reliable, safe, and efficient medical equipment grows. Hospitals and healthcare providers actively prioritize regular maintenance to comply with stringent regulations, boost equipment performance, and improve patient outcomes. Technological advancements like IoT and AI are reshaping maintenance practices. Moreover, the increasing trend of outsourcing maintenance services and the focus on cost-effective solutions are driving global market growth.

Current Events and Its Impact

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End-user Feedback and Unmet Needs in the Medical Equipment Maintenance Market

• Demand for Faster Response Times: End-users frequently express the need for quicker maintenance and repair services to minimize equipment downtime. Delays can disrupt critical medical procedures, impacting patient care. They seek service providers who offer rapid on-site support and efficient troubleshooting to ensure medical devices remain operational without extended interruptions.
• Need for Cost-Effective Solutions: Healthcare facilities, especially smaller clinics, emphasize the importance of affordable maintenance options. High costs associated with OEM services or frequent repairs strain budgets. End-users look for flexible service plans or third-party vendors that balance quality with affordability, enabling sustainable equipment upkeep without compromising on safety or performance.
• Desire for Comprehensive Service Coverage: Users want maintenance contracts that cover all types of equipment across multiple vendors to simplify management. Fragmented service providers increase administrative burden. Comprehensive agreements that include preventive, corrective, and calibration services streamline processes, reduce paperwork, and improve overall maintenance efficiency within healthcare settings.

Segmental Insights

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Medical Equipment Maintenance Market Insights, by Product - Electromedical Equipment contribute the highest share of the market owing to its rising healthcare expenditure

Electromedical Equipment hold the largest market share of 35.4% in 2025. The expanding use of advanced diagnostic and therapeutic devices in healthcare drives the demand for electromedical equipment in the Medical Equipment Maintenance Market. As these devices grow more sophisticated, healthcare providers require specialized maintenance to ensure accuracy and safety. Strict regulations push providers to maintain equipment reliability, while technological innovations such as remote monitoring improve maintenance efficiency. Hospitals also increasingly depend on expert service providers to manage complex electromedical devices, ensuring consistent performance and patient safety.

In April 2024, the Indian Institute of Technology Madras (IIT Madras) introduced India's first mobile calibration facility for medical devices. This innovative initiative was developed as part of the institute's 'Anaivarukkum IITM' (IITM for All) program. Such initiatives are accelerating the electromedical equipment maintenance market revenue.

Medical Equipment Maintenance Market Insights, by Maintenance Type - Preventive Maintenance contribute the highest share of the market owing to its Cost Efficiency and Resource Optimization

Preventive Maintenance expected to hold largest market share of 46.4% in 2025. The need to minimize unexpected equipment failures and improve patient safety drives preventive maintenance in the Medical Equipment Maintenance Market. Healthcare providers regularly perform upkeep to extend device lifespan and avoid costly emergency repairs. Regulatory standards also motivate them to schedule maintenance activities consistently. Additionally, advancements in predictive technologies help identify potential issues proactively, boosting efficiency. Hospitals and clinics actively adopt preventive maintenance to keep critical medical devices running smoothly and deliver high-quality patient care.

Medical Equipment Maintenance Market Insights, by Service Provider - Original Equipment Manufacturer contribute the highest share of the market owing to its technological integration and innovation

Original Equipment Manufacturer acquired the prominent market share of 43.4% in 2025. Original Equipment Manufacturers (OEMs) contribute significantly to the Medical Equipment Maintenance Market demand by delivering expert maintenance specifically designed for their devices. They use their deep knowledge and access to genuine parts to perform high-quality repairs and optimize equipment performance. OEMs assist healthcare providers in meeting regulatory requirements through dependable service contracts. By introducing innovations like remote diagnostics and predictive care, they enhance maintenance solutions. Healthcare facilities increasingly rely on OEMs for comprehensive support that extends equipment lifespan and ensures patient safety.

Medical Equipment Maintenance Market Insights, by End User - Hospitals contribute the highest share of the market owing to its increased patient load and service demand

Hospitals actively drive the Medical Equipment Maintenance Market by prioritizing the reliability and safety of their medical devices to ensure uninterrupted patient care. They maintain equipment regularly to comply with strict health regulations and prevent operational disruptions. Increasing patient volumes and the integration of advanced technologies boost their demand for timely and effective maintenance. Additionally, hospitals implement cost-efficient maintenance strategies to manage budgets while maintaining high performance. Their dedication to equipment upkeep supports improved clinical outcomes and overall healthcare quality.

In May 2025, the Rajasthan government introduced a new SOP for government medical colleges and hospitals to enhance patient safety and ensure timely maintenance, jointly developed by the Medical Education and Public Works Departments.

Regional Insights

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North America Medical Equipment Maintenance Market Trends

North America dominates the overall market with an estimated share of 43% in 2025. In North America, the Medical Equipment Maintenance Market evolves by actively integrating advanced technologies like AI and IoT to improve maintenance efficiency and predictive capabilities. Healthcare providers increasingly outsource maintenance services to specialized vendors to gain cost savings and expert support. Regulatory pressures compel them to maintain consistent compliance and safety standards. The growing elderly population drives their demand for reliable medical equipment. Additionally, healthcare facilities adopt remote monitoring and diagnostic tools to reduce downtime and ensure continuous, high-quality patient care throughout the region.

In April 2025, the Canadian Medical Equipment Protection Plan (CMEPP) launched the Equipment Coordination Service (ECS), a new program designed to improve how hospitals manage equipment maintenance and repair by addressing key resource challenges.

Europe Medical Equipment Maintenance Market Trends

In Europe, the Medical Equipment Maintenance Market advances as healthcare providers adopt innovative technologies like remote diagnostics and predictive maintenance to enhance service quality and minimize equipment downtime. They actively comply with stringent regulatory frameworks to ensure patient safety. Hospitals increasingly outsource maintenance services to optimize costs and gain specialized expertise. Furthermore, the growing prevalence of chronic diseases and an aging population drive their demand for reliable medical equipment, prompting ongoing improvements in maintenance practices throughout the region.

United States Medical Equipment Maintenance Market Trends

In the United States, healthcare providers drive the Medical Equipment Maintenance Market by adopting advanced technologies like AI-powered predictive maintenance and remote monitoring systems to improve equipment reliability. They prioritize regulatory compliance and patient safety by enforcing strict maintenance protocols. Hospitals respond to the rising demand for sophisticated medical devices and increasing healthcare costs by outsourcing maintenance services to enhance efficiency and manage expenses. They also focus on extending equipment lifespan to ensure continuous delivery of high-quality care nationwide.

United Kingdom Medical Equipment Maintenance Market Trends

In the United Kingdom, healthcare facilities drive the Medical Equipment Maintenance Market by adopting smart technologies like IoT and remote diagnostics to increase maintenance accuracy and minimize downtime. Hospitals actively adhere to rigorous regulatory standards to ensure patient safety and device reliability.

In September 2025, Printables, Prusa’s 3D model marketplace, added Dräger—a global leader in medical and safety technology—to its Brands section. Dräger is known for life-saving innovations used in hospitals, industry, and emergency services.

Medical Equipment Maintenance Market Trends

Adoption of Predictive and Remote Maintenance

The market increasingly embraces predictive maintenance, leveraging AI and IoT to monitor equipment health in real time. Remote diagnostics allow technicians to identify issues before breakdowns occur, reducing downtime and repair costs. This shift from reactive to proactive maintenance enhances equipment reliability and extends lifespan, enabling healthcare providers to maintain uninterrupted patient care while optimizing resource allocation and operational efficiency.

Growth of Outsourced Maintenance Services

Healthcare providers are turning to third-party vendors and OEMs to outsource maintenance tasks, aiming to reduce operational burden and cut costs. Outsourcing offers access to specialized expertise, faster response times, and flexible service agreements. This trend allows hospitals and clinics to focus on core healthcare delivery, while relying on trusted partners to manage complex maintenance requirements, ensuring equipment stays compliant and functional without overstretching internal teams.

Market Report Scope

Medical Equipment Maintenance Market Report Coverage

Medical Equipment Maintenance Market News

• In May 2025, the International Biomed Cross (IBC) was launched by the Andhra Pradesh MedTech Zone (AMTZ), with support from the Universal Clinical Engineering Federation (UCEF), to support medical device maintenance during disasters by mobilizing a global network of biomedical engineers.
• In February 2025, Sodexo India launched a 6,700 sq ft Healthcare Technology Management (HTM) facility in Sector V, Kolkata, featuring six specialized labs to support maintenance of up to 5 lakh medical devices. The company has also partnered with government hospitals for biomedical equipment servicing.

Analyst Opinion (Expert Opinion)

• The Medical Equipment Maintenance market is at a critical inflection point, where traditional reactive approaches no longer suffice. In my view, the future belongs unequivocally to predictive and condition-based maintenance powered by AI and IoT. For instance, studies show that predictive maintenance can reduce equipment downtime by up to 50%, translating directly into improved patient outcomes and cost savings. Healthcare providers like the Mayo Clinic have already integrated AI-driven monitoring systems, cutting unexpected failures and maintenance costs significantly.
• Moreover, outsourcing maintenance to specialized vendors is not just a trend—it’s a necessity driven by increasing device complexity. Hospitals managing hundreds of device types cannot internally sustain the technical expertise required, especially for cutting-edge technologies such as robotic surgery systems. The Cleveland Clinic’s partnership with OEMs for integrated maintenance services exemplifies how collaborative models improve service quality and compliance.
• Regulatory agencies, including the FDA and the EU MDR, are tightening equipment safety mandates, making compliance a formidable challenge that only robust maintenance programs can meet. I believe providers neglecting to invest in modern maintenance risk not only operational setbacks but also regulatory penalties and reputational damage.

Market Segmentation

• Product Insights (Revenue, USD Bn, 2020 - 2032)
• Electromedical Equipment
• Surgical Instruments
• Endoscopic Devices
• Imaging Equipment
• Digital X-Ray
• Computed Tomography (CT) Scan
• Ultrasound
• Magnetic Resonance Imaging
• Others
• Other Medical Equipment
• Maintenance Type Insights (Revenue, USD Bn, 2020 - 2032)
• Operational Maintenance
• Preventive Maintenance
• Corrective Maintenance
• Service Provider Insights (Revenue, USD Bn, 2020 - 2032)
• Original Equipment Manufacturer
• In-house Maintenance
• Independent Service Organization
• End User Insights (Revenue, USD Bn, 2020 - 2032)
• Hospitals
• Diagnostic Laboratories
• Ambulatory Surgical Centers
• Others
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
• North America
• U.S.
• Canada
• Latin America
• Brazil
• Argentina
• Mexico
• Rest of Latin America
• Europe
• Germany
• U.K.
• Spain
• France
• Italy
• Russia
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• GCC Countries
• Israel
• Rest of Middle East
• Africa
• South Africa
• North Africa
• Central Africa
• Key Players Insights
• Koninklijke Philips N.V.
• Medtronic
• GE Healthcare
• B. Braun Melsungen AG
• Althea Group
• Siemens Healthineers
• Agiliti
• Sodexo Healthcare
• Crothall Healthcare
• ISS Solutions, Inc.
• TriMedx
• Avante
• TRIMED Healthcare
• NovaMed Corporation
• DiaMedical USA Equipment LLC
• Aramark
• Stryker
• Medigas 
• RENOVO Solutions
• Steris plc

Sources

Primary Research interviews

• Healthcare facility managers
• Biomedical engineers
• Medical equipment maintenance service providers
• Original Equipment Manufacturer (OEM) technical experts
• Hospital procurement officers

Databases

• PubMed
• ClinicalTrials.gov
• FDA Medical Device Database
• WHO Global Health Observatory
• National Health Service (NHS) Digital Data

Magazines

• Medical Device and Diagnostic Industry (MD+DI)
• Healthcare Technology Management Magazine
• Biomedical Instrumentation & Technology
• Health Management Technology

Journals

• Journal of Medical Engineering & Technology
• IEEE Transactions on Medical Devices
• Journal of Healthcare Engineering
• International Journal of Medical Informatics

Newspapers

• The New York Times – Health Section
• The Guardian – Health and Technology
• The Wall Street Journal – Health Care
• Financial Times – Health and Science

Associations

• Association for the Advancement of Medical Instrumentation (AAMI)
• Healthcare Information and Management Systems Society (HIMSS)
• International Federation of Medical and Biological Engineering (IFMBE)
• European Society of Radiology (ESR)

Public Domain sources

• Centers for Disease Control and Prevention (CDC)
• National Institutes of Health (NIH)
• World Health Organization (WHO) Reports
• Government health department publications

Proprietary Elements

• CMI Data Analytics Tool, and Proprietary CMI Existing Repository of information for last 8 years