Medical Equipment Maintenance Market to Reach USD 88.9 Billion by 2029

The global medical equipment maintenance market is expected to grow at a CAGR of 10.5%, reaching USD 88.9 billion by 2029. This growth is driven by the rising prevalence of chronic diseases and increased investment in healthcare facilities. The market is dominated by a few key players, including GE Healthcare Technologies Inc., Siemens Healthineers, and Medtronic plc. The Asia Pacific region is the fastest-growing market for medical equipment maintenance, due to government healthcare reforms and increasing demand for high-quality healthcare services.

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