Medical Equipment Maintenance Market Size, Share, Growth, Trends, and Global Industry Analysis: By Service Type (Preventive, Corrective, Operational, and Predictive), By Equipment Type (Imaging, Surgical, Endoscopic, Monitoring, Dental, and Life Support), By End User (Hospitals, Imaging Centres, Ambulatory Surgical Centres, and Clinics), and Region Forecast 2020-2031

Medical Equipment Maintenance Market size was valued at US$ 68.9 billion in 2024 and is expected to reach US$ 112.8 billion by 2031, growing at a significant CAGR of 8.7% from 2025-2031. The market refers to the services and solutions aimed at preserving the performance, reliability, and safety of medical devices through regular inspections, repairs, calibration, and upgrades. The market is expanding rapidly as healthcare systems increasingly depend on sophisticated devices for diagnostics, treatment, and patient monitoring. With rising patient volumes and stricter regulations around equipment performance, regular maintenance is crucial for uninterrupted clinical operations. The growing number of diagnostic imaging tools, surgical robots, infusion systems, and ventilators in hospitals and clinics further drives demand for both preventive and corrective services.

Additionally, accreditation bodies often mandate documented maintenance protocols, reinforcing the need for structured service frameworks. However, several challenges exist. High maintenance costs, particularly for older or highly specialized equipment, can strain budgets—especially in underfunded facilities. Small and mid-sized hospitals may lack in-house technical expertise, leading to dependence on costly third-party vendors. Variability in service quality, lack of standardization, and inconsistent response times are also ongoing issues. While new models such as remote diagnostics and predictive maintenance offer hope, their adoption requires both capital and digital infrastructure, which is not uniformly available across regions.

Facts & Figures

• Equipment Downtime Costs: A single hour of critical equipment downtime (e.g., MRI, ventilators) can cost a hospital ?1–3 lakhs, considering delays, rescheduling, and patient risk.
• Preventive Maintenance Impact: Hospitals that implement regular preventive maintenance programs report up to 40% fewer equipment breakdowns compared to reactive maintenance approaches.
• Uptime Benchmarks: Accredited healthcare facilities often aim for equipment uptime of 95–98%, especially for high-dependency systems like imaging and ICU devices.
• Spending Share: Maintenance accounts for roughly 5–10% of the total lifecycle cost of high-end medical equipment, depending on the complexity and service model.

Key Developments:

• In June 2025, Siemens Healthineers launched a predictive maintenance module using AI-powered diagnostics and remote monitoring tools to proactively service imaging equipment across hospital networks.
• In May 2025, GE HealthCare introduced a centralized asset performance platform for clinical engineers to track equipment service schedules, part replacements, and regulatory compliance in real time.
• In April 2025, Drägerwerk AG expanded its medical device service network in Southeast Asia, offering preventive maintenance plans and 24/7 remote support for patient monitoring and ventilation systems.
• In March 2025, Aramark Healthcare signed a partnership with a hospital chain in North America to provide integrated biomedical equipment maintenance across over 30 facilities, focusing on compliance and uptime.

Medical Equipment Maintenance Market Segmentation:

Based on the service type:

• Preventive Maintenance
• Corrective Maintenance
• Operational Maintenance
• Predictive Maintenance

Preventive maintenance is a foundational component of equipment management, designed to minimize the risk of device failure through scheduled inspections, performance checks, and part replacements. This service type ensures that machines function within specified parameters, improving patient safety and prolonging equipment lifespan. Preventive protocols are especially important for high-value imaging systems, surgical tools, and critical life support devices.

Facilities that adopt preventive strategies often report fewer breakdowns, better regulatory compliance, and lower long-term repair costs. Documentation of such maintenance is often mandated by accrediting bodies, making it a core requirement in hospital quality assurance programs. As medical technologies grow more complex, preventive maintenance helps reduce unplanned downtime and ensures readiness for patient care delivery at all times.

Based on the equipment type:

• Imaging Equipment
• Surgical Instruments
• Endoscopic Devices
• Patient Monitoring Devices
• Dental Equipment
• Life Support Devices

Imaging equipment, including CT, MRI, ultrasound, and X-ray systems, is among the most maintenance-intensive categories in modern healthcare. These machines are pivotal for diagnostics and are used continuously, often across multiple shifts. Any unexpected downtime can delay diagnoses and disrupt clinical workflows. Preventive maintenance, software calibration, and part replacements are essential to preserve image accuracy and compliance with safety standards.

Imaging systems also have complex subsystems like detectors, cooling units, and software platforms that require specialized expertise for servicing. Hospitals often sign annual service contracts for imaging equipment, especially when dealing with high-cost modalities. Given their diagnostic criticality and regulatory scrutiny, this equipment type remains a top priority for both OEMs and third-party service providers in the maintenance ecosystem.

Based on the end user:

• Hospitals
• Diagnostic Imaging Centers
• Ambulatory Surgical Centers
• Clinics

Hospitals are the largest and most critical end users in the market, owing to their vast and diverse device inventories. From surgical suites to intensive care units, hospitals rely on a broad range of equipment—imaging systems, ventilators, infusion pumps, monitors—all of which must operate flawlessly to ensure patient safety. To manage this, many hospitals employ dedicated biomedical engineering teams or partner with OEMs and third-party vendors for ongoing service. The high frequency of equipment use in hospitals also leads to greater wear and tear, making preventive and corrective maintenance a necessity.

Additionally, hospitals must comply with accreditation and regulatory standards that require strict documentation of maintenance records, audits, and service logs.