April 13, 2018 - Factors such as rising focus on preventive medical equipment maintenance, adoption of innovative funding mechanism, growth in associated equipment markets, and growing purchase of refurbished medical equipment are expected to drive the growth of the market. 

On the other hand, high initial cost and significant maintenance expenditure are expected to restrain the growth of this market in the coming years.

On the basis of device type, the medical equipment maintenance market is segmented into imaging equipment, endoscopic devices, surgical instruments, electromedical equipment, and other medical equipment. In 2017, the imaging equipment segment is expected to account for the largest share of the medical equipment maintenance market.

The medical equipment maintenance market, by service type is segmented into corrective, preventive, and operational maintenance. In 2017, preventive maintenance is expected to account for the largest share of the medical equipment maintenance market. Technological advancements in medical devices and the consequent need for their preventive maintenance are expected to fuel market growth in this segment.

Based on the service provider, the medical equipment maintenance market is segmented into original equipment manufacturers (OEMs), independent service organizations (ISOs), and in-house maintenance. In 2017, OEMs are expected to account for the largest share of the medical equipment maintenance market.

On the basis of end user, the medical equipment maintenance market is segmented into public-sector organizations and private-sector organizations. In 2017, the public-sector organizations segment is expected to account for the largest share medical equipment maintenance market. 

Source: https://www.marketsandmarkets.com/pdfdownload.asp?id=69695102#