North America Medical Equipment Maintenance Market Size, Share, Comprehensive Analysis 2027


North America medical equipment maintenance market is anticipated to reach US$ 14,387.30 Mn in 2027 from US$ 6,542.44 Mn in 2018. The medical equipment maintenance market is expected to rise with a CAGR of 9.3% from 2019-2027.

Growth of the North America medical equipment maintenance market: Key Drivers and Strategic Insights

The North America medical equipment maintenance market is experiencing significant growth, driven by several key factors. The increasing prevalence of chronic diseases, expansion of the medical equipment sector, and a growing demand for refurbished medical systems are expected to fuel market growth in the coming years. However, stringent regulatory policies may pose challenges and potentially slow market expansion.

Refurbishment plays a vital role in this market. It is a structured process that restores used medical equipment to a like-new or even superior condition. In the healthcare context, refurbishing extends the lifespan of devices from an average of 5–7 years to 10–14 years or more, making it an effective approach to equipment reuse and waste reduction.

Hospitals, the primary end-users of capital medical equipment, are under increasing financial pressure due to economic challenges and rising healthcare costs. This has led to a greater emphasis on cost-saving measures. As a result, healthcare providers are showing a growing preference for standard over premium devices, operational expenditure (OPEX) over innovation, and refurbished systems over high-cost new equipment. From a hospital’s perspective, refurbished equipment offers a cost-effective solution with reliable performance and extended warranty coverage. Nevertheless, some end-users continue to favor new equipment, perceiving it as higher in quality and technological advancement.

Overall, the growing demand for refurbished devices is expected to significantly contribute to the expansion of the North America medical equipment maintenance market.

In North America, the United States is projected to lead the market due to its robust medical device industry, high prevalence of chronic diseases, and the presence of well-established medical equipment manufacturers. These factors are likely to support sustained growth in the U.S. market over the forecast period.

Strategic Insights into the North America Medical Equipment Maintenance Market

Strategic insights into the North America medical equipment maintenance market provide data-driven analysis of current industry trends, major players, and regional dynamics. These insights help stakeholders—including investors, manufacturers, and service providers—identify growth opportunities, untapped segments, and ways to develop unique value propositions.

By leveraging advanced data analytics, stakeholders can anticipate market shifts and position themselves for long-term success. A future-focused approach is essential for navigating this evolving landscape. Ultimately, effective strategic planning empowers decision-makers to enhance profitability and achieve their business objectives in the competitive North American market.

North America Medical Equipment Maintenance – Market Segmentation

North America medical equipment maintenance market By Device Type

  • Electromedical Equipment
  • Endoscopic Devices
  • Surgical Instruments
  • Other Medical Equipment

North America medical equipment maintenance market By Service Type

  • Preventive Maintenance
  • Corrective Maintenance
  • Operational Maintenance

North America medical equipment maintenance market By Service Provider

  • Original Equipment Manufactures
  • Independent Service organization
  • In-House Maintenance

North America medical equipment maintenance market By Geography

  • North America
    • US
    • Canada
    • Mexico

North America medical equipment maintenance market Company Profiles

  • Boston Scientific Corporation
  • Stryker
  • Medtronic
  • Edward Lifesciences Corporation
  • Johnson & Johnson Services, Inc.
  • Abbott
  • Terumo Corporation
  • B. Braun Melsungen AG
  • Aramark
  • Althea Group

North America Medical Equipment Maintenance Regional Insights

The geographic scope of the North America medical equipment maintenance market refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Other Reports:

North America Oligonucleotide Synthesis Market: https://business-news-insights.blogspot.com/2025/05/north-america-oligonucleotide-synthesis.html 

North America Meat Snacks Market: https://sites.google.com/view/meat-snacks-market-/home 

North America Automotive Logistics Market: https://penzu.com/p/1a230992e48f866a 

North America Pacemakers Market: https://github.com/SuryakantGadekar/Business-Market-Insights/issues/60 

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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