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.

Supreme Court Calls for Action Against Misleading Advertisements and Unethical Medical Practices

The Supreme Court of India has expressed concern over the surge in misleading advertisements and unethical practices within the healthcare industry. The court urged the central and state authorities to take prompt action to protect the public from deceptive marketing strategies. The court also questioned the Indian Medical Association for alleged unethical practices among its members, such as prescribing expensive medicines for financial gain.

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