What is the Medical Equipment Maintenance Market Size?
The global medical equipment maintenance market size is calculated at USD 63.50 billion in 2025 and is predicted to increase from USD 70.29 billion in 2026 to approximately USD 169.42 billion by 2035, expanding at a CAGR of 10.31% from 2026 to 2035.
Medical Equipment Maintenance Market Key Takeaways
- North America led the global market with the highest market share of 40% in 2025.
- Asia-Pacific is expected to expand at the fastest CAGR during the forecast period.
- By Equipment, the imaging equipment segment has held the largest revenue share of 36% in 2025.
- By Equipment, the surgical instruments segment is anticipated to grow at a notable CAGR of 8.9% during the projected period.
- By Service, the disk diffusion segment had the biggest market share of 58% in 2025.
- By Service, the preventive maintenance segment is anticipated to grow at the fastest CAGR over the projected period.
How is AI contributing to the Medical Equipment Maintenance Market?
AI is revolutionizing the upkeep of medical devices by applying predictive maintenance, downtime reduction, and breakdown prevention through real-time IoT data analytics. Early fault detection via machine learning algorithms boosts safety and prolongs asset life. It raises the level of efficiency by means of automation, support from virtual technicians, and data-driven decision-making in asset planning. Digital twins are used to mimic device behavior for advanced diagnostics, thus helping healthcare facilities to improve performance, reduce costs, and ensure the availability of equipment.
Medical Equipment Maintenance Market Growth Factors
Increasing purchase of renewed medical systems, rising prevalence of diseases leading to higher diagnostic rates, and rising demand for the refurbished medical equipment are the primary factors leading to growth of the medical equipment maintenance market. The rapidly growing medical equipment industries in the developed regions like US and Canada are significantly boosting the demand for the Medical equipment maintenance. The rising prevalence of diseases among the population has a significant role to play in the demand for the medical equipment maintenance. Moreover, the rising investments in the medical devices such as X-ray units, centrifuge, ventilator units, ultrasound, syringe pumps, electrocardiographs, and autoclave are available in the industry. The main objective of the equipment maintenance is to reduce the down time of medical devices in the facility, and this can leads to save cost and provide better services to the customer. Further, the rising adoption of automated technologies to enhance productivity and reduce cost is likely to augment the growth of the market. The key players in the industry are introducing new services in the market to serve the patients. This has led the growth of the market in the coming years.
Market Outlook
The drone logistics and transport market is on a growth trajectory and is expected to continue its expansion with the help of e-commerce, demand for last-mile delivery, and improvements in the technology used for autonomous navigation, AI-based flight control, and batteries.
Drones are coming out as an eco-friendlier logistics option, cutting down on carbon emissions, and every delivery made is going to be one less vehicle consuming fuel and causing road congestion, thus helping the world move towards a sustainable and clean-transport future.
North America is the current market leader due to its well-established regulatory frameworks and extensive technology adoption, while Asia-Pacific countries are building the necessary infrastructure very quickly, are boosting their investments, and increasing their operational scalability for quick future expansion.
The drone logistics ecosystem is financed by several large corporations and venture capital firms, among them being Amazon, Alphabet (Wing), Zipline, UPS, FedEx, DHL, Intel Capital, and Sequoia Capital, and this is hastening the processes of commercialization and research and development (R&D).
There is a growing global startup space that specializes in medical supply delivery, warehouse automation, long-range cargo drones, and hardware innovation, which in turn leads to an increase in competition and the speed of innovation.
Market Scope
| Report Highlights | Details |
| Market Size by 2035 | USD 169.42 Billion |
| Market Size in 2025 | USD 63.50 Billion |
| Market Size in 2026 | USD 70.29 Billion |
| Growth Rate from 2026 to 2035 | CAGR of 10.31% |
| Largest Market | North America |
| Base Year | 2025 |
| Forecast Period | 2025 to 2035 |
| Segments Covered | Equipment, Service, and Region |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Medical Equipment Maintenance Market Segmental Insights
Equipment Insight
Based on equipment, the imaging equipment segment accounted largest revenue share over 36% in 2025. This is attributable to the introduction of new technologies, presence of numerous devices such as Digital X-Ray, ultrasound, MRI, and others in hospitals, and rise in global diagnostic procedures. Moreover, the rising investments in the new innovation in the devices by the healthcare industry players is further boosting the growth of the medical equipment maintenance across the globe, and hence this segment is expected to be the fastest-growing segment during the forecast period.
Moreover, the surgical instruments segment is projected to witness the highest CAGR of 8.9% over the forecast period.
Service Insights
Based on service, the corrective maintenance segment accounted for 59% of revenue share in 2025 and is expected to remain dominant over the forecast period. The increased prevalence of chronic diseases among the population, growing research activities to develop innovative services, and growing demand for the usage of medical equipment the hospitals has fostered the growth of this segment in the past few years.
The preventive maintenance segment is expected to witness highest growth during the forecast period as it is gaining prominence as planned inspections to enhance patient safety and care quality.
Medical Equipment Maintenance Market Regional Insights
The U.S. medical equipment maintenance market is valued at USD 17.81 billion in 2025 and is expected to be worth USD 47.87 billion by 2034, growing at a CAGR of 10.39% from 2026 to 2035.
Based on region, North America accounted for 40% of revenue share in 2025 and is expected to remain dominant during the forecast period.The increased adoption of advanced equipment in the healthcare sector, rising investments in the preclinical tests of the latest medical equipment, the growing number of private hospitals and clinics, and rising expenditure of the medical equipment manufacturers to make innovative and efficient equipment are the prominent factors that boost the growth of the medical equipment market in North America.
The reason for the increase is the high healthcare expenditure, robust infrastructure, and the uptake of new technology. Upgrading the efficiency of maintenance in healthcare facilities through data analytics, remote monitoring, and the expansion of third-party services and refurbishment-based solutions presents a wide opening for the market.
The senior demographic and the extensive use of equipment are the factors behind the strong market presence, resulting in high OEM involvement, which is the reason for the ongoing maintenance that ensures compliance and safety, as healthcare providers rely on continuous equipment performance support.
The adoption of quality-focused maintenance practices in hospitals and diagnostic environments is being bolstered by the growing public OEM partnerships and the presence of cost-efficient third-party service providers, which, in turn, are supporting the demand in Europe, characterized by stringent regulations, a preventive maintenance strategy, and life cycle management.
The maintenance services are supported by Germany's regulatory focus and established healthcare system. Hospitals that give priority to preventive lifecycle maintenance are the ones that tend to demand the most; thus, the steady tenders reflect the need for reliable service quality.
A fast-expanding area with an ever-growing healthcare infrastructure and a high prevalence of chronic diseases. One of the strongest opportunities is the area of hospital investments and the demand for low-cost service models, which in turn is facilitating the adoption of maintenance for new and refurbished medical equipment across the developing countries of the region.
The healthcare systems' modernization and the medical tourism growth are driving a very strong demand. The expansion of healthcare facilities, together with the refurbished medical equipment, creates a big service provider's maintenance in the region.
Key Companies & Market Share Insights
The market is moderately fragmented with the presence of several local companies. These market players are striving to gain higher market share by adopting strategies, such as investments, partnerships, and acquisitions & mergers. Companies are also spending on the development of improved products. Moreover, they are also focusing on maintaining competitive pricing.
In July 2018,Koninklijke Philips N.V., is a health technology company focused on improving people's health across the globe, signed two long-term delivery, upgrade, replacement, and maintenance partnership agreements with Kliniken der Stadt Köln. The various developmental strategies like acquisitions and mergers fosters market growth and offers lucrative growth opportunities to the market players.
The Asia Pacific is expected to be the fastest-growing market during the forecast period. The rising government expenditure on the development of healthcare infrastructure, rapid urbanization and increase healthcare spending, rising prevalence of diseases, and growing geriatric population drives the demand for the medical equipment maintenance market. The increasing number of patients in hospital owing to the huge population is driving the demand among the hospital sector and hence this region is expected to grow rapidly in the forthcoming years.
Medical Equipment Maintenance Market Companies
- GE Healthcare
- Siemens Healthineers
- Koninklijke Philips N.V.
- Drägerwerk AG & Co. KGaA
- Medtronic
- B. Braun Melsungen AG
- Aramark
- BC Technical, Inc.
- Alliance Medical Group
- Althea Group
Recent Developments
- In June 2025, the International Biomed Cross (IBC) was launched on 23 May at the MedTech Policy Mahotsav in New Delhi to support medical device maintenance and repair during disasters and health emergencies.
https://www.expresshealthcare.in - In February 2025, Sodexo India launched a 6,700 sq ft Healthcare Technology Management facility in Kolkata's Sector V, featuring six specialized labs to maintain approximately 500,000 medical devices. They also partnered with government hospitals for biomedical equipment maintenance.
https://timesofindia.indiatimes.com
Medical Equipment Maintenance Market Segments Covered in the Report
By Equipment
- Imaging Equipment
- Electromedical Equipment
- Endoscopic Devices
- Surgical Instruments
- Other
By Service
- Preventive Maintenance
- Corrective Maintenance
- Operational Maintenance
By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
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