European Medical Equipment Maintenance Market by Device, Service Provider & End User - Forecasts to 2022

  • ID: 4312947
  • Report
  • Region: Europe
  • 167 Pages
  • Markets and Markets
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European Medical Equipment Maintenance Market worth 7.98 Billion USD by 2022

FEATURED COMPANIES

  • Agenor Mantenimientos
  • Agfa-Gevaert Group
  • B. Braun Melsungen AG
  • Drägerwerk AG & Co. KGaA
  • Koninklijke Philips N.V.
  • Medtronic plc
  • MORE

'European Medical Equipment Maintenance Market by Device (Imaging (MR, CT, PET-CT, C-Arms, general X-ray), Endoscopy, Surgical instruments, Electromedical), Service Provider (OEM, ISO, In-house) & End User (Public-sector, Private-sector) - Forecasts to 2022'

Rising focus on preventive maintenance to drive the European medical equipment maintenance market:

The European medical equipment maintenance market is expected to reach USD 7.98 billion by 2022 from USD 5.05 billion in 2017, at a CAGR of 9.6% during the forecast period. Growth in associated equipment markets, rising focus on preventive maintenance, adoption of innovative funding mechanism, and growing purchase of refurbished medical systems are driving the growth in medical equipment maintenance market, On the other hand, high initial cost and significant maintenance expenditure may hinder the growth of the market in the coming years.

“Primary imaging modalities are expected to witness high growth during forecast period”

Based on modality, the European imaging equipment maintenance market is segmented into advanced imaging modalities and primary imaging modalities. Primary modalities are expected to register the highest CAGR during the forecast period. The high volume of tests conducted using primary modalities is a key factor driving the growth of this market.

“OEMs to account to dominate the European medical equipment maintenance market”

Based on the type of service provider, the European medical equipment maintenance market is segmented into original equipment manufacturers (OEMs), independent service organizations (ISOs), and in-house maintenance services. The OEMs segment is expected to dominate this market with the largest share in 2017. The large share of this segment can be attributed to the wide geographic presence and strong technical expertise of OEMs.

“Germany to dominate the market during forecast period”

In 2017, Germany is expected to account for the largest share of the European medical equipment maintenance market. This market is also expected to grow at the highest CAGR during the forecast period. Factors such as the large installation base of medical equipment, significant presence of OEMs, well-established healthcare infrastructure, and growing medical technology market are supporting the growth of the medical equipment maintenance market in the country.

The primary interviews conducted for this report can be categorized as follows:

  • By Company Type: Tier 1 - 18%; Tier 2 - 39%; Tier 3 - 43%.
  • By Designation: C-level- 31%; D-level- 26%; others- 43%.
  • By Country: Germany-32%; U.K.-26%; France-16%; Italy-10%; Spain-11% and Rest of Europe (RoE) -5%

Note: Others include sales managers, marketing managers, and product managers

Tiers of the companies are defined on the basis of their total revenue. As of 2015: Tier 1 = > EUR 5 billion, Tier 2 = EUR 500 million to EUR 5 billion, and Tier 3 = < EUR 500 million

Research Coverage:

The report provides an overview of the European medical equipment maintenance and associated services across various medical devices. It aims at estimating the market size and future growth potential of this market across different segments such as device type, service type, service providers, contract type, end-user and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market by providing them with the closest approximations of the revenue numbers for the overall European medical equipment maintenance market and the subsegments. This report will help stakeholders to understand the competitor landscape better and gain insights to position their businesses better and make suitable go-to-market strategies. The report also helps the stakeholders understand the pulse of the market and provides them with information regarding key market drivers, restraints, challenges, and opportunities.

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FEATURED COMPANIES

  • Agenor Mantenimientos
  • Agfa-Gevaert Group
  • B. Braun Melsungen AG
  • Drägerwerk AG & Co. KGaA
  • Koninklijke Philips N.V.
  • Medtronic plc
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.3 Assumptions for the Study

3 Executive Summary

4 European Medical Equipment Maintenance Market: Premium Insights
4.1 Market Overview (2017-2022)
4.2 By Device Type (2017)
4.3 European Imaging Equipment Maintenance Market Size, By Modality, 2017 vs 2022 (USD Million)
4.4 Market, By Service Type
4.5 Market Size, By Service Provider, 2017 vs 2022 (USD Million)
4.6 Growth Opportunities

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in Associated Equipment Markets
5.2.1.2 Rising Focus on Preventive Medical Equipment Maintenance
5.2.1.3 Adoption of Innovative Funding Mechanisms
5.2.1.4 Growing Purchase of Refurbished Medical Systems
5.2.2 Restraints
5.2.2.1 High Initial Cost and Significant Maintenance Expenditure
5.2.3 Opportunities
5.2.3.1 Innovation in Service Offerings & Use of Iot
5.2.3.2 Emergence of ISOS
5.2.4 Challenge
5.2.4.1 Survival of Players in A Highly Fragmented and Competitive Market
5.2.5 Market Trends
5.2.5.1 Market Consolidation
5.2.5.2 Preference for Multi-Vendor Contracts
5.2.5.3 Equipment Maintenance Insurance Tools for Imaging Centers

6 Regulatory Standards
6.1 Introduction
6.1.1 ISO Standards
6.1.1.1 ISO 9001:2015
6.1.1.2 ISO 13485:2016

7 European Medical Equipment Maintenance Market, By Device Type
7.1 Introduction
7.2 Imaging Equipment
7.2.1 Advanced Imaging Modalities
7.2.2 Primary Imaging Modalities
7.3 Endoscopic Devices
7.4 Surgical Instruments
7.5 Electromedical Equipment

8 European Medical Equipment Maintenance Market, By Service Type
8.1 Introduction
8.2 Preventive Maintenance
8.3 Corrective Maintenance
8.4 Operational Maintenance

9 European Medical Equipment Maintenance Market, By Service Provider
9.1 Introduction
9.2 Original Equipment Manufacturers (OEMS)
9.2.1 Multi-Vendor OEMS
9.2.2 Single-Vendor OEMS
9.3 Independent Service Organizations (ISOS)
9.4 In-House Maintenance

10 European Medical Equipment Maintenance Market, By Contract Type
10.1 Introduction
10.2 Annual Maintenance Contracts
10.3 Multi-Year Maintenance Contracts

11 European Medical Equipment Maintenance Market, By End User
11.1 Introduction
11.2 Public-Sector Organizations
11.3 Private-Sector Organizations

12 European Medical Equipment Maintenance Market, By Region
12.1 Introduction
12.2 Germany
12.3 France
12.4 U.K.
12.5 Italy
12.6 Spain
12.7 Rest of Europe (RoE)

13 Competitive Landscape
13.1 Overview
13.2 Market Share Analysis
13.3 Vendor Dive Overview
13.3.1 Vanguards
13.3.2 Dynamic Players
13.3.3 Emerging Players
13.3.4 Innovators
13.4 Competitive Benchmarking

14 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
14.1 Ge Healthcare (A General Electric Company)
14.2 Siemens Healthineers (A Division of Siemens AG)
14.3 Koninklijke Philips N.V.
14.4 Pantheon Healthcare Group (A Part of Permira Group)
14.5 TBS Group S.P.A
14.6 Agfa-Gevaert Group
14.7 Agenor Mantenimientos
14.8 B. Braun Melsungen AG
14.9 BCAS Biomedical Services Ltd (BCAS_ Biomed)
14.10 Canon, Inc. (Toshiba Medical Systems Corporation)
14.11 Drägerwerk AG & Co. KGaA
14.12 Grupo Empresarial Electromédico
14.13 Hitachi Medical Corporation (Hitachi, Ltd.)
14.14 Medtronic PLC
14.15 Olympus Corporation
14.16 Technologie Sanitarie S.P.A.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

15 Appendix
15.1 Insights From Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store
15.4 Introducing RT: Real-Time Market Intelligence
15.5 Available Customizations
15.6 Related Reports
15.7 Author Details

List of Tables:
Table 1 Recent Acquisitions (2014-2017)
Table 2 Europe: Medical Equipment Maintenance Market Size, By Device Type, 2015-2022 (USD Million)
Table 3 Leading Vendors Offering Maintenance Services for Imaging Equipment
Table 4 Europe: Imaging Equipment Maintenance Market Size, By Country, 2015-2022 (USD Million)
Table 5 Europe: Imaging Equipment Maintenance Market Size, By Modality, 2015-2022 (USD Million)
Table 6 Europe: Advanced Imaging Modalities Market Size, By Country, 2015-2022 (USD Million)
Table 7 Europe: Primary Imaging Modalities Market Size, By Country, 2015-2022 (USD Million)
Table 8 Leading Vendors Offering Maintenance Services for Endoscopic Devices
Table 9 Europe: Endoscopic Device Maintenance Market Size, By Country, 2015-2022 (USD Million)
Table 10 Leading Vendors Offering Maintenance for Surgical Instruments
Table 11 Europe: Surgical Instrument Maintenance Market Size, By Country, 2015-2022 (USD Million)
Table 12 Leading Vendors Offering Maintenance Services for Electromedical Equipment
Table 13 Europe: Electromedical Equipment Maintenance Market Size, By Country, 2015-2022 (USD Million)
Table 14 Europe: Medical Equipment Maintenance Market Size, By Service Type, 2015-2022 (USD Million)
Table 15 Europe: Preventive Medical Equipment Maintenance Market Size, By Country, 2015-2022 (USD Million)
Table 16 Europe: Corrective Medical Equipment Maintenance Market Size, By Country, 2015-2022 (USD Million)
Table 17 Europe: Operational Medical Equipment Maintenance Market Size, By Country, 2015-2022 (USD Million)
Table 18 Cost of Contracts From Different Types of Service Providers
Table 19 Europe: Medical Equipment Maintenance Market Size, By Service Provider, 2015-2022 (USD Million)
Table 20 Europe: Medical Equipment Maintenance Market Size for OEMS, By Country, 2015-2022 (USD Million)
Table 21 Europe: Medical Equipment Maintenance Market Size for OEMS, By Type, 2015-2022 (USD Million)
Table 22 Europe: Medical Equipment Maintenance Market Size for Multi-Vendor OEMS, By Country, 2015-2022 (USD Million)
Table 23 Europe: Medical Equipment Maintenance Market Size for Single-Vendor OEMS, By Country, 2015-2022 (USD Million)
Table 24 Europe: Medical Equipment Maintenance Market Size for ISOS, By Country, 2015-2022 (USD Million)
Table 25 Europe: Medical Equipment Maintenance Market Size for In-House Maintenance, By Country, 2015-2022 (USD Million)
Table 26 Europe: Medical Equipment Maintenance Market Size, By Contract Type, 2015-2022 (USD Million)
Table 27 Europe: Annual Medical Equipment Maintenance Contracts Market Size, By Country, 2015-2022 (USD Million)
Table 28 Recent Multi-Year Contracts for Medical Equipment Maintenance (2014-2016)
Table 29 Europe: Multi-Year Medical Equipment Maintenance Contracts Market Size, By Country, 2015-2022 (USD Million)
Table 30 Europe: Medical Equipment Maintenance Market Size, By End User, 2015-2022 (USD Million)
Table 31 Europe: Medical Equipment Maintenance Market Size for Public-Sector Organizations, By Country, 2015-2022 (USD Million)
Table 32 Europe: Medical Equipment Maintenance Market Size for Private-Sector Organizations, By Country, 2015-2022 (USD Million)
Table 33 European Medical Equipment Maintenance Market Size, By Country, 2015-2022 (USD Million)
Table 34 Germany: Medical Equipment Maintenance Market Size, By Device Type, 2015-2022 (USD Million)
Table 35 Germany: Imaging Equipment Maintenance Market Size, By Modality, 2015-2022 (USD Million)
Table 36 Germany: Medical Equipment Maintenance Market Size, By Service Type, 2015-2022 (USD Million)
Table 37 Germany: Medical Equipment Maintenance Market Size, By Service Provider, 2015-2022 (USD Million)
Table 38 Germany: Medical Equipment Maintenance Market Size for OEMS, By Type, 2015-2022 (USD Million)
Table 39 Germany: Medical Equipment Maintenance Market Size, By Contract Type, 2015-2022 (USD Million)
Table 40 Germany: Medical Equipment Maintenance Market Size, By End User, 2015-2022 (USD Million)
Table 41 France: Medical Equipment Maintenance Market Size, By Device Type, 2015-2022 (USD Million)
Table 42 France: Imaging Equipment Maintenance Market Size, By Modality, 2015-2022 (USD Million)
Table 43 France: Medical Equipment Maintenance Market Size, By Service Type, 2015-2022 (USD Million)
Table 44 France: Medical Equipment Maintenance Market Size, By Service Provider, 2015-2022 (USD Million)
Table 45 France: Medical Equipment Maintenance Market Size for OEMS, By Type, 2015-2022 (USD Million)
Table 46 France: Medical Equipment Maintenance Market Size, By Contract Type, 2015-2022 (USD Million)
Table 47 France: Medical Equipment Maintenance Market Size, By End User, 2015-2022 (USD Million)
Table 48 Contracts Between the Nhs & Equipment Maintenance Service Providers (2013-2016)
Table 49 U.K.: Medical Equipment Maintenance Market Size, By Device Type, 2015-2022 (USD Million)
Table 50 U.K.: Imaging Equipment Maintenance Market Size, By Modality, 2015-2022 (USD Million)
Table 51 U.K.: Medical Equipment Maintenance Market Size, By Service Type, 2015-2022 (USD Million)
Table 52 U.K.: Medical Equipment Maintenance Market Size, By Service Provider, 2015-2022 (USD Million)
Table 53 U.K.: Medical Equipment Maintenance Market Size for OEMS, By Type, 2015-2022 (USD Million)
Table 54 U.K.: Medical Equipment Maintenance Market Size, By Contract Type, 2015-2022 (USD Million)
Table 55 U.K.: Medical Equipment Maintenance Market Size, By End User, 2015-2022 (USD Million)
Table 56 Italy: Medical Equipment Maintenance Market Size, By Device Type, 2015-2022 (USD Million)
Table 57 Italy: Imaging Equipment Maintenance Market Size, By Modality, 2015-2022 (USD Million)
Table 58 Italy: Medical Equipment Maintenance Market Size, By Service Type, 2015-2022 (USD Million)
Table 59 Italy: Medical Equipment Maintenance Market Size, By Service Provider, 2015-2022 (USD Million)
Table 60 Italy: Medical Equipment Maintenance Market Size for OEMS, By Type, 2015-2022 (USD Million)
Table 61 Italy: Medical Equipment Maintenance Market Size, By Contract Type, 2015-2022 (USD Million)
Table 62 Italy: Medical Equipment Maintenance Market Size, By End User, 2015-2022 (USD Million)
Table 63 Spain: Medical Equipment Maintenance Market Size, By Device Type, 2015-2022 (USD Million)
Table 64 Spain: Imaging Equipment Maintenance Market Size, By Modality, 2015-2022 (USD Million)
Table 65 Spain: Medical Equipment Maintenance Market Size, By Service Type, 2015-2022 (USD Million)
Table 66 Spain: Medical Equipment Maintenance Market Size, By Service Provider, 2015-2022 (USD Million)
Table 67 Spain: Medical Equipment Maintenance Market Size for OEMS, By Type, 2015-2022 (USD Million)
Table 68 Spain: Medical Equipment Maintenance Market Size, By Contract Type, 2015-2022 (USD Million)
Table 69 Spain: Medical Equipment Maintenance Market Size, By End User, 2015-2022 (USD Million)
Table 70 Strategic Developments in the RoE Market
Table 71 RoE: Medical Equipment Maintenance Market Size, By Device Type, 2015-2022 (USD Million)
Table 72 RoE: Imaging Equipment Maintenance Market Size, By Modality, 2015-2022 (USD Million)
Table 73 RoE: Medical Equipment Maintenance Market Size, By Service Type, 2015-2022 (USD Million)
Table 74 RoE: Medical Equipment Maintenance Market Size, By Service Provider, 2015-2022 (USD Million)
Table 75 RoE: Medical Equipment Maintenance Market Size for OEMS, By Type, 2015-2022 (USD Million)
Table 76 RoE: Medical Equipment Maintenance Market Size, By Contract Type, 2015-2022 (USD Million)
Table 77 RoE: Medical Equipment Maintenance Market Size, By End User, 2015-2022 (USD Million)
Table 78 Exchange Rate (Utilized for Conversion of Eur to USD)
Table 79 Exchange Rate (Utilized for Conversion of Eur to USD)
Table 80 Exchange Rate (Utilized for Conversion of Eur to USD)
Table 81 Exchange Rate (Utilized for Conversion of Eur to USD)
Table 82 Exchange Rates (Utilized for Conversion of Yen to USD)
Table 83 Exchange Rates (Utilized for Conversion of Euro to USD)
Table 84 Exchange Rate (Utilized for Conversion of Yen to USD)

List of Figures
Figure 1 European Medical Equipment Maintenance: Market Segmentation
Figure 2 Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top- Down Approach
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Data Triangulation Methodology
Figure 7 Key Data From Secondary Sources
Figure 8 Key Data Points From Primary Sources
Figure 9 Key Industry Insights
Figure 10 European Medical Equipment Maintenance Market, By Device Type (2017–2022)
Figure 11 European Imaging Equipment Maintenance Market Size, By Modality, 2017 vs 2022 (USD Million)
Figure 12 European Medical Equipment Maintenance Market Size, By Service Type, 2017 vs 2022 (USD Million)
Figure 13 European Medical Equipment Maintenance Market Size, By Service Provider, 2017 vs 2022 (USD Million)
Figure 14 European Medical Equipment Maintenance Market Size, By Contract Type, 2017 vs 2022 (USD Million)
Figure 15 European Medical Equipment Maintenance Market Size, By End User, 2017 vs 2022 (USD Million)
Figure 16 European Medical Equipment Maintenance Market Size, By Country, 2017 vs 2022 (USD Million)
Figure 17 Rising Trend of Preventive Maintenance to Drive the Growth of the European Medical Equipment Maintenance Market
Figure 18 Imaging Equipment is Expected to Command the Largest Market Share in 2017
Figure 19 Advanced Modalities Segment Will Continue to Dominate the European Imaging Equipment Maintenance Market in 2022
Figure 20 Preventive Maintenance to Register the Highest CAGR From 2017 to 2022
Figure 21 OEMs to Dominate the European Medical Equipment Maintenance Market in 2017
Figure 22 Germany to Witness the Highest Growth During the Forecast Period
Figure 23 European Medical Equipment Maintenance Market: Drivers, Restraints, Opportunities, and Challenges
Figure 24 Imaging Equipment Segment to Witness Highest Growth (2017–2022)
Figure 25 Primary Modalities to Witness Highest Growth During the Forecast Period
Figure 26 Mri vs Ct: Number of Examinations (2000-2014)
Figure 27 Europe: Electromedical Equipment Maintenance Market Size, By Country (2017 vs 2022)
Figure 28 Preventive Maintenance to Dominate the Market During the Forecast Period
Figure 29 OEMs to Account for the Largest Share of the European Medical Equipment Maintenance Market in 2017
Figure 30 Multi-Vendor OEMs to Register the Highest CAGR During the Forecast Period
Figure 31 Annual Maintenance Contracts to Form the Largest Market Segment in 2017
Figure 32 Public-Sector Organizations: the Largest End-User Segment in the Market
Figure 33 Germany to Dominate the European Medical Equipment Maintenance Market in 2017
Figure 34 Original Equipment Manufacturers (OEMs) Market Share Analysis, By Key Player, 2015
Figure 35 Independent Service Organizations (ISOS), Market Share Analysis, By Key Player, 2015
Figure 36 Competitive Leadership Mapping
Figure 37 Service Offering (For All 25 Players)
Figure 38 Business Strategy (For All 25 Players)
Figure 39 Company Snapshot: GE Healthcare (2016)
Figure 40 Siemens AG: Company Snapshot (2016)
Figure 41 TBS Group S.P.A: Company Snapshot (2015)
Figure 42 Agfa-Gevaert Group: Company Snapshot (2016)
Figure 43 B. Braun Melsungen Ag.: Company Snapshot (2016)
Figure 44 Canon, Inc.: Company Snapshot (2016)
Figure 45 Drägerwerk AG & Co. KGaA: Company Snapshot (2016)
Figure 46 Hitachi, Ltd.: Company Snapshot (2016)
Figure 47 Medtronic PLC: Company Snapshot (2016)
Figure 48 Olympus Corporation: Company Snapshot (2016)

Note: Product cover images may vary from those shown
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  • Agenor Mantenimientos
  • Agfa-Gevaert Group
  • B. Braun Melsungen AG
  • BCAS Biomedical Services LTD (BCAS_ BIOMED)
  • Canon, Inc. (TOSHIBA MEDICAL SYSTEMS CORPORATION)
  • Drägerwerk AG & Co. KGaA
  • GE Healthcare (A GENERAL ELECTRIC COMPANY)
  • Grupo Empresarial Electromédico
  • Hitachi Medical Corporation (Hitachi, Ltd.)
  • Koninklijke Philips N.V.
  • Medtronic plc
  • Olympus Corporation
  • Pantheon Healthcare Group (A Part of Permira Group)
  • Siemens Healthineers (A Division of Siemens AG)
  • TBS Group S.P.A
  • Technologie Sanitarie S.P.A.
Note: Product cover images may vary from those shown
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