Medical Equipment Maintenance Market to Hit $94 Billion by 2030
The medical equipment maintenance market is expected to reach $94.1 billion by the end of the forecast period, according to a new report.
The medical equipment maintenance market is expected to reach $94.1 billion by the end of the forecast period, according to a new report.
Growth will be primarily driven by increasing penetration of home healthcare services, high occurrence of chronic conditions, and the rising elderly population.
According to ReportLinker, the global sterilization equipment market is expected to grow from its current $7.94 billion valuation to $11.14 billion by 2023, surging at a compound annual growth rate of 7%. The major factors driving the growth of this market include the rising incidence of hospital-acquired infections and technological advancements in sterilization equipment.
The medical equipment maintenance market is expected to reach $94.1 billion by the end of the forecast period, according to a new report.
According 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.
Read MoreAccording to a market report from Kalorama Information, an industry intelligence provider, the world market for ultrasound systems will continue to grow until the year 2018, driven by technological advances in ultrasound that make it more affordable and portable.
Read MoreAccording to a new market report from Transparency Market Research, the global patient monitoring equipment market was valued at more than $3 billion in 2014, and is projected to reach a value of $4.7 billion between 2015 and 2023. Factors such as increasing incidence of chronic diseases, growing awareness of applications for patient monitors, and increased spending by patients and governments are fueling the growth.
Read MoreFrost & Sullivan reports that the healthcare industry is reinventing itself with new ideas and technologies that are paving the way for the world’s largest industry to move past outdated methods of delivery, thanks to innovations from non-healthcare companies.
Read MoreA new Kalorama Information report, Advanced Remote Patient Monitoring Systems, has found that the purchase of new patient monitoring systems is being driven by a desire for cost savings and the need to integrate data into the electronic health record.
Read MoreAccording to a February 2015 market research report from Bio-Tech Systems Inc, advances in neurological and cardiac imaging are predicted to fuel United States growth for SPECT and PET radiopharmaceutical markets in the second half of the decade.
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