Medical Equipment Calibration Services Market Report: Trends, Forecast and Competitive Analysis to 2030

Medical Equipment Calibration Services Trends and Forecast

The future of the global medical equipment calibration services market looks promising with opportunities in the hospitals & clinics and diagnostic laboratories markets. The global medical equipment calibration services market is expected to grow with a CAGR of 9.8% from 2024 to 2030. The major drivers for this market are growing demand for calibration services and rising number of stringent regulations imposed by the authorized bodies including FDA.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Medical Equipment Calibration Services by Segment

The study includes a forecast for the global medical equipment calibration services by service type, end use, and region.

Medical Equipment Calibration Services Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:

• In-House
• Original Equipment Manufacturers
• Third-Party Services

Medical Equipment Calibration Services Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals & Clinics
• Diagnostic Laboratories
• Others

Medical Equipment Calibration Services Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Medical Equipment Calibration Services Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medical equipment calibration services companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medical equipment calibration services companies profiled in this report include-

• Tektronix
• NS Medical Systems
• Fluke
• Transcat
• Helix Private
• Spectrum Technologies
• JM Test Systems
• Micron
• JPEN Medical
• Industrial Calibration and Service Company

Medical Equipment Calibration Services Market Insights

Lucintel forecasts that third-party services will remain the largest segment over the forecast period.

Within this market, hospitals & clinics will remain the largest segment due to wider variety and larger quantity of medical equipment available at these facilities.

North America will remain the largest region over the forecast period due to increasing number of stringent regulations and accreditation requirements regarding medical equipment maintenance and calibration imposed in this region.

Features of the Global Medical Equipment Calibration Services Market

Market Size Estimates: Medical equipment calibration services market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Medical equipment calibration services market size by service type, end use, and region in terms of value ($B).

Regional Analysis: Medical equipment calibration services market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different service types, end uses, and regions for the medical equipment calibration services market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the medical equipment calibration services market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for medical equipment calibration services market?

Answer: The global medical equipment calibration services market is expected to grow with a CAGR of 9.8% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the medical equipment calibration services market?

Answer: The major drivers for this market are growing demand for calibration services and rising number of stringent regulations imposed by the authorized bodies including FDA.

Q3. What are the major segments for medical equipment calibration services market?

Answer: The future of the medical equipment calibration services market looks promising with opportunities in the hospitals & clinics and diagnostic laboratories markets.

Q4. Who are the key medical equipment calibration services market companies?

Answer: Some of the key medical equipment calibration services companies are as follows:

• Tektronix
• NS Medical Systems
• Fluke
• Transcat
• Helix Private
• Spectrum Technologies
• JM Test Systems
• Micron
• JPEN Medical
• Industrial Calibration and Service Company

Q5. Which medical equipment calibration services market segment will be the largest in future?

Answer: Lucintel forecasts that third-party services will remain the largest segment over the forecast period.

Q6. In medical equipment calibration services market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing number of stringent regulations and accreditation requirements regarding medical equipment maintenance and calibration imposed in this region.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the medical equipment calibration services market by service type (in-house, original equipment manufacturers, and third-party services), end use (hospitals & clinics, diagnostic laboratories, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?