Medical Equipment Maintenance Market to Surge Owing to Rising Healthcare Expenditure
A new report outlines key opportunities and challenges for the growing medical equipment maintenance market.
A new report outlines key opportunities and challenges for the growing medical equipment maintenance market.
MarketsandMarkets expects the global medical equipment maintenance market, in terms of revenue, to reach $80.7 billion by 2028.
A new study says the mechanical ventilators market is set to grow from its current market value of $2 billion to over $9 billion by 2026.
A new report outlines key opportunities and challenges for the growing medical equipment maintenance market.
According to a new report by MarketsandMarkets, the medical device connectivity market is slated to grow from its current $939.4 million valuation to $2.67 billion by 2023, surging at a CAGR of 23.2%. The growth in this market is attributed to the increasing penetration of electronic health records and health information exchange systems in healthcare organizations and a growing focus on care quality and patient safety.
Read MoreThe future of the global medical device market is bright—and public and private hospitals are poised to capitalize on its success, say officials from ResearchAndMarkets.com. In fact, the global medical device market is expected to grow at a compound annual growth rate of 4.5% from 2018 to 2023, reaching $409.5 billion, researchers reveal.
Read MoreThe global medical device testing services market is expected to reach $13.4 billion by 2025, expanding at a CAGR of 11.5% during the forecast period, according to a new study. Increasing spending in the preclinical phase of medical devices, coupled with the growing outsourcing rate, is anticipated to help the market gain significant traction.
Read MoreCarestream Health announced that it earned the top rating in MD Buyline’s Market Intelligence report for its portable and room-based digital radiography (DR) systems in every quarter of 2015. Carestream’s DRX-Revolution mobile x-ray system, DRX-Evolution, DRX-Evolution Plus, and DRX-Ascend systems received high marks from healthcare providers for performance, reliability, installation, and service, according to MD Buyline.
Read MoreNorth America is expected to continue dominating the global monitoring devices market, accounting for about 35% of the overall market by end of 2015, according to a new report from Future Market Insights. “Vital Signs Monitoring Devices Market: Global Industry Analysis and Opportunity Assessment 2015-2025” covers trends driving growth in each segment of the vital signs monitoring devices market in specific regions.
Read MoreAccording to analysts at technology market research firm Technavio, the global portable ultrasound market is predicted to grow at a compound annual growth grate of 8.74% from 2014 to 2019, largely due to an increasing geriatric population. Portable ultrasound devices are lighter and smaller than conventional ultrasound machines, and can be used at point of contact and operated on battery power.
Read MoreAccording to a new study by Hexa Research, the global market for portable x-ray and CT scan devices is predicted to grow at a compound annual growth grate of 7.5% from 2013 to 2020. The demand for portable scanning devices will be driven by growing cases of accidents and health conditions among the aging population, necessitating orthopedic, cardiovascular, or brain-related investigations.