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Medical Equipment Maintenance Market size to Reach USD 108.17 Billion by 2031 Driven by Predictive Service Models and Multi-Vendor Contracts

by JordanWire Newsroom
March 20, 2026
in Press Releases
Medical Equipment Maintenance Market size to Reach USD 108.17 Billion by 2031 Driven by Predictive Service Models and Multi-Vendor Contracts
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Mordor Intelligence has published a new report on the medical equipment maintenance market, offering a comprehensive analysis of trends, growth drivers, and future projections. 

Introduction 

 According to Mordor Intelligence, the medical equipment maintenance market size is projected to grow from USD 59.29 billion in 2025 to USD 65.54 billion in 2026, and further reach USD 108.17 billion by 2031, reflecting consistent market growth over the forecast period. 

Hospitals and healthcare providers are increasingly shifting from reactive repairs toward structured service strategies that ensure equipment reliability. This shift is reinforcing the medical equipment maintenance industry, where maintenance is no longer treated as a secondary function but as a critical part of healthcare delivery.  

Key Trends Shaping the Medical Equipment Maintenance Market 

Shift Toward Predictive and Connected Maintenance 

One of the most important medical equipment maintenance market trends is the move toward predictive maintenance supported by connected devices. Healthcare providers are adopting IoT-enabled systems that monitor equipment performance in real time.  

Regulatory Compliance Driving Service Demand 

Regulatory frameworks across regions are making maintenance a mandatory requirement rather than an optional expense. Compliance requirements are encouraging hospitals to enter long-term service contracts, supporting steady revenue generation within the medical equipment maintenance industry. 

Expansion of Pay-Per-Use and Service Bundling Models 

Another notable trend in the medical equipment maintenance market is the adoption of pay-per-use models. These arrangements bundle maintenance services with equipment usage, particularly for high-value systems such as imaging and surgical devices.  

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/medical-equipment-maintenance-market?utm_source=emailwire  

Medical Equipment Maintenance Market Segmentation Analysis 

By Service Type 

  • Operational maintenance 
  • Software and firmware updates 

By Contract Model 

  • Full-service agreements 
  • Shared-service agreements 
  • Time and material contracts 

By Equipment Type 

  • Nuclear medicine and PET 
  • Electrosurgical devices 
  • Robotic surgical systems 
  • Minimally invasive devices 
  • Patient monitoring equipment 

By Service Provider 

  • Original equipment manufacturers 
  • Independent service organizations 
  • In-house biomedical teams 

By End User 

  • Diagnostic imaging centers 
  • Ambulatory surgical centers 
  • Dental and specialty clinics 

By Geography 

Explore Our Full Library of Healthcare Research Report: https://www.mordorintelligence.com/market-analysis/healthcare?utm_source=emailwire  

Competitive Landscape and Key Players in the Medical Equipment Maintenance Industry 

The medical equipment maintenance industry is moderately concentrated, with major companies maintaining strong positions through established service networks and proprietary technologies. 

Key Players 

Conclusion 

The medical equipment maintenance market is set for continued expansion as healthcare systems prioritize operational efficiency and regulatory compliance. The transition toward predictive and connected maintenance models is redefining how service providers deliver value, contributing to sustained market growth. 

With increasing adoption of advanced medical technologies, the importance of reliable maintenance services will continue to rise. The medical equipment maintenance industry is expected to benefit from growing demand for multi-vendor contracts, home-care device servicing, and integrated service solutions. 

Get detailed insights on the medical equipment maintenance market: 

https://www.mordorintelligence.com/industry-reports/medical-equipment-maintenance-market?utm_source=emailwire  

Industry Related Reports 

Stainless Steel Kirschner Wires Market:  

The market is growing due to increasing orthopedic procedures, rising incidence of fractures and trauma cases, and growing demand for minimally invasive surgical solutions in hospitals and ambulatory surgical centers. 

Get more insights: https://www.mordorintelligence.com/industry-reports/stainless-steel-kirschner-wires-market?utm_source=emailwire 

Ophthalmic Examination Chairs Market size:  

The market is estimated at USD 107.33 million in 2026 and is projected to reach USD 135.07 million by 2031, driven by rising prevalence of eye disorders and increasing demand for advanced ophthalmic diagnostic equipment. 

Get more insights: https://www.mordorintelligence.com/industry-reports/ophthalmic-examination-chairs-market?utm_source=emailwire 

Softgel Tumble Dryer Market share:  

The market is estimated at USD 177.41 million in 2026 and is expected to reach USD 254.93 million by 2031, supported by growing pharmaceutical manufacturing, increasing demand for efficient drying technologies, and expansion of softgel capsule production. 

Get more insights: https://www.mordorintelligence.com/industry-reports/softgel-tumble-dryer-market?utm_source=emailwire 

About Mordor Intelligence: 

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. 

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. 

For any inquiries or to access the full report, please contact: 

media@mordorintelligence.com
https://www.mordorintelligence.com/ 



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