Quality, accuracy and efficiency of medical equipment have always been integral to ensuring patient safety. Modern medical devices with advanced functionalities and features are driving healthcare providers to embrace innovative and effective equipment maintenance solutions.
According to MarketsandMarkets Research, the medical equipment maintenance market is expected to reach $74.2 billion by 2026 from $45.2 billion in 2021, at a CAGR of 10.4 percent.
This steady growth of the industry is attributed to a large array of innovative medical equipment maintenance solutions and services sweeping across the realm of healthcare. For instance, advancements in medical device manufacturing technology are leading to enhanced quality of the equipment parts and self-diagnostics capability. This enables technicians to monitor the performance of the equipment and repair it from remote locations in case of malfunction.
Preventive maintenance is yet another trend gaining ground, owing to its ability to periodically inspect the equipment, identify issues, and fix them before they snowball into unprecedented downtimes. Product life management (PLM) services are also playing a significant role in optimizing the performance of medical equipment or upgrading to new solutions with a focus on alleviating quality inconsistency, supply chain inefficiencies, and complex regulatory compliance issues.
This edition of Healthcare Business Review delivers a bird’s-eye view of the recent developments in the medical equipment maintenance arena and insights into how companies are aligning with these latest trends to transform legacy practices and improve outcomes.
We have curated thought leadership articles from industry experts, including the Sterile Processing Director at AtlantiCare Regional Medical Center. We also took a deep dive into the market trends to narrow down the list of companies delivering robust medical equipment maintenance solutions and services. Equipped with innovative technological capabilities, the enlisted solution and service providers, such as Merco biomedical and Southwestern Hearing Center, help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Healthcare Business Review on medical equipment maintenance helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
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