June 1, 2023

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North America ISOs Medical Device and Equipment Maintenance and Calibration Services Markets, 2014-2020 & 2021-2030 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “North America ISOs Medical Device and Equipment Maintenance and Calibration Services Market, 2014-2030” report has been added to ResearchAndMarkets.com’s offering.

The market accounted for a $1,468.8-million size in 2019, and it is expected to reach $3,612.9 million by 2030.

Factors such as the enhancements in the medical device industry, stringent regulatory norms, and high awareness on preventive medical equipment maintenance will drive the North American independent service organizations (ISOs) medical device and equipment maintenance and calibration services market at an 8.9% CAGR during the forecast period (2021-2030). Currently, the market is witnessing the trend of the adoption of comprehensive contracts among the medical centers in the region.

Medical equipment maintenance has been mandatory in North America under a stringent regulatory framework. For example, the regulations of the U.S. Centers for Medicare and Medicaid Services (CMS), guidelines of the U.S. Food and Drug Administration (USFDA) and original equipment manufacturers (OEMs), and accreditation requirements of the Healthcare Facilities Accreditation Program (HFAP), Det Norske Veritas (DNV), and The Joint Commission (TJC) necessitate adherence to equipment maintenance by the hospitals in the region.

Additionally, the increasing awareness regarding preventive medical equipment maintenance will boost the North American ISOs medical device and equipment maintenance and calibration services market in the future. Medical devices, such as ultrasound systems, X-ray systems, and endoscopes, are used in several clinical applications. These systems require proper and constant maintenance to increase their lifespan. In addition, maintenance and calibration aid in preventing infections due to the usage of such devices on multiple patients. To avoid any unprecedented situation, healthcare facilities are increasingly focusing on the cleanliness of medical equipment and devices.

The automation segment of the North American ISOs medical device and equipment maintenance and calibration services market is bifurcated into automated devices and manual devices. Of these, the automated devices category accounted for the larger market share in 2019, and it is expected to hold its dominance in the forecast years. This can be attributed to the amplifying financial support from the government for medical automation, increasing technological innovations in automation solutions, and fueling need for the accuracy and reproducibility of medical devices and equipment.

At present, the North American ISOs medical device and equipment maintenance and calibration services market is highly fragmented due to the presence of numerous market players. These companies are actively entering into mergers and acquisitions to gain a competitive edge.

Key Topics Covered:

Chapter 1. Research Background

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Device/Equipment Type Primary imaging Ultrasound Endoscope Others Patient monitoring and electromedical Infusion pumps CPAP Ventilators Oxygen concentrators Hemodialysis Laser devices Enteral feeding Pulse oximetry Blood pressure Anesthesia Laboratory instruments Clinical chemistry Molecular diagnostics Industrial laboratory equipment Wearables Cardiac devices Blood pressure monitor Wearable pulse oximeter Light therapy

4.1.2 By Automation Automated devices Manual devices

4.1.3 By Portability Benchtop Floor-based Portable

4.1.4 By End User Hospitals Ambulatory surgery centers Clinics Diagnostic imaging centers Others

4.1.5 By Type Onsite Maintenance Predictive Routine Corrective (repair) Emergency Calibration Depot

4.2 Market Dynamics

4.2.1 Trends Increasing adoption of comprehensive contracts Rising adoption of equipment insurance

4.2.2 Drivers Advancements in the medical device industry Rising awareness about preventive medical equipment maintenance Stringent regulatory environment Impact analysis of drivers on market forecast

4.2.3 Restraints High maintenance cost Impact analysis of restraints on market forecast

4.2.4 Opportunities Implementation of internet of things (IoT) in medical equipment maintenance

4.3 Impact of COVID-19

4.4 Porter’s Five Forces Analysis

Chapter 5. North America Market Size and Forecast

5.1 By Device/Equipment Type

5.1.1 Primary Imaging Medical Device and Equipment, by Type

5.1.2 Patient Monitoring and Electromedical Device and Equipment, by Type

5.1.3 Laboratory Instruments, by Type

5.1.4 Wearables, by Type

5.2 By Automation

5.3 By Portability

5.4 By End User

5.5 By Type

5.5.1 Onsite, by Type

5.5.2 Depot, by Type

Chapter 6. U.S. Market Size and Forecast

Chapter 7. Canada Market Size and Forecast

Chapter 8. Competitive Landscape

8.1 List of Key Players and Offerings

8.2 Competitive Analysis of Key Players

8.3 Strategic Developments of Key Players

Chapter 9. Company Profiles

  • Sodexo SA
  • Crothall Healthcare
  • TRIMEDX Holdings LLC
  • Agiliti Inc.
  • Renovo Solutions
  • Ivy Technology
  • Northfield Inc.
  • NovaMed Corporation
  • Diagnostic Equipment Service Corporation (DESCO)
  • Signature Medical Services Inc.
  • Althea US Inc.
  • InterMed Group Inc.
  • J2S Medical
  • BC Technical Inc.
  • Nortech Systems Incorporated
  • Atlantis Worldwide LLC

For more information about this report visit https://www.researchandmarkets.com/r/1gve0x

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