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Medical Equipment Calibration Services Market will reach USD 3.4 billion by 2030

09-29-2023 02:49 PM CET | Health & Medicine

Press release from: Supply Demand Market Research

Medical Device Calibration

Medical Device Calibration

The Global Medical Equipment Calibration Services Market was valued is projected to reach USD 3.4 billion by 2030, at a CAGR of 10.2% during the forecast period. Calibration of medical devices is an important aspect of ensuring that they are safe and effective for use. It is important for manufacturers and distributors of medical devices to comply with the regulations set by SAHPRA to ensure that their products are marketable.

By type, the market is sub divided into In-house, Third-Party Services and Original Equipment Manufacturer (OEM). In 2023, the third party services captured the largest share and continue to dominate the market because using third-party services for medical device calibration can be a cost-effective and efficient way to ensure that your medical devices are operating within the required standards, while also taking the burden of maintaining the calibration equipment and personnel in-house.

By application, the medical equipment calibration services market caters to various end-use applications, with two prominent sectors being hospitals and clinical laboratories. These sectors play a vital role in the healthcare system, and ensuring the accuracy and reliability of their medical equipment is of paramount importance. In 2023, hospitals will continue to dominate the as it is important for hospitals to ensure that the medical devices they use are properly calibrated and maintained to ensure patient safety and compliance with regulatory standards. This can be done by having in-house facilities and personnel or by outsourcing the services to accredited third-party providers or OEMs.

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Major players operating in this market are Tektronix, Fluke Biomedical, Monitoring & Control Laboratories, Smartm2m, Jpen Medical, Hospicare Equipment Services Corp, SGS South Africa, Biomedical Technologies Inc., Ns Medical Systems and Others. The government's focus on improving healthcare infrastructure and services presents opportunities for companies to expand their operations and increase their market share.

The market is witnessing wider opportunities from the need for calibration services to various medical devices like critical care, diagnostic equipment, therapeutics and radiology, and medical imaging. Further, developing refurbished devices with a low-cost budget and technological advancement in the calibration system are the key trends of the medical equipment calibration service market. Increased awareness regarding preventative medical equipment maintenance, as well as advancements in the medical device business and stricter laws are the opportunities in medical equipment calibration services market.

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global medical equipment calibration services market in every aspect of the classification from perspectives of Component, Product Type, Industry Vertical, and Region.. The report covers marketing channel, distributors list, customers list, supply chain analysis, SWOT, market share analysis, competitive intelligence.

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Table of Contents
1. Introduction
1.1. Key Take-Aways
1.2. Report Coverage
1.2.1. Global Medical Equipment Calibration Services Market Segment, By Type
1.2.2. Global Medical Equipment Calibration Services Market Segment by Application
1.2.3. Global Medical Equipment Calibration Services Market Segment by Region
1.3. Stakeholders
1.4. Research Methodology
1.4.1. Research Programs/Design
1.4.2. Market Size Estimation
1.4.2.1. Breakdown and Data Triangulation
1.4.3. Data Source
1.4.3.1. Secondary Sources
1.4.3.2. Primary Sources
2. Global Medical Equipment Calibration Services Market Size & Outlook, By Type
2.1. Introduction
2.2. In-house
2.3. Third-Party Services
2.4. Original Equipment Manufacturer (OEM)
2.4.1. Global Medical Equipment Calibration Services Market by Type 2023-2030 (USD Million)
3. Global Medical Equipment Calibration Services Market Size & Outlook, By Application
3.1. Introduction
3.2. Hospitals
3.3. Clinical Laboratories
3.3.1. Global Medical Equipment Calibration Services Market by Application 2023-2030 (USD Million)
4. Global Medical Equipment Calibration Services Market, By Market Size & Outlook, Region & Country
4.1. Introduction
4.1.1. North America
4.1.1.1. North America Medical Equipment Calibration Services Market By Region 2023-2030 (USD Million)
4.1.2. North America Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.3. North America Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.4. USA
4.1.5. USA Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.6. USA Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.7. Canada
4.1.8. Canada Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.9. Canada Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.10. Mexico
4.1.11. Canada Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.12. Canada Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.13. Europe
4.1.13.1. Europe Medical Equipment Calibration Services Market By Region 2023-2030 (USD Million)
4.1.14. Europe Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.15. Europe Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.16. Germany
4.1.17. Germany Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.18. Germany Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.19. UK
4.1.20. UK Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.21. UK Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.22. Italy
4.1.23. Italy Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.24. Italy Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.25. France
4.1.26. France Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.27. France Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.28. Spain
4.1.29. Spain Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.30. Spain Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.31. Asia Pacific
4.1.31.1. Asia Pacific Medical Equipment Calibration Services Market By Region 2023-2030 (USD Million)
4.1.32. Asia Pacific Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.33. Asia Pacific Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.34. China
4.1.35. China Pacific Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.36. China Pacific Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.37. Japan
4.1.38. Japan Pacific Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.39. Japan Pacific Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.40. India
4.1.41. India Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.42. India Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.43. South Korea
4.1.44. South Korea Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.45. South Korea Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.46. South America
4.1.46.1. South America Medical Equipment Calibration Services Market By Region 2023-2030 (USD Million)
4.1.47. South America Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.48. South America Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.49. Middle East & Africa
4.1.49.1. Middle East & Africa Medical Equipment Calibration Services Market By Region 2023-2030 (USD Million)
4.1.50. Middle East & Africa Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.51. Middle East & Africa Medical Equipment Calibration Services Market By Application 2023-2030 ($ Million)
4.1.52. Rest of the World
4.1.52.1. Rest of the World Medical Equipment Calibration Services Market By Region 2023-2030 (USD Million)
4.1.53. Rest of the World Medical Equipment Calibration Services Market By Type 2023-2030 (USD Million)
4.1.54. Rest of the World Medical Equipment Calibration Services Market By Application 2023-2030 (USD Million)
5. COMPANY PROFILES
5.1. Tektronix
5.1.1. Introduction
5.1.2. Company Overview
5.1.2.1. Global Partner Details
5.1.3. Product Portfolio
5.2. Fluke Biomedical
5.3. Monitoring & Control Laboratories
5.4. Smartm2m
5.5. Jpen Medical
5.6. Hospicare Equipment Services Corp
5.7. SGS South Africa
5.8. Biomedical Technologies Inc
5.9. Ns Medical Systems
5.10. Others

6. Market Overview
6.1. Market Overview
6.1.1. Introduction
6.1.2. Market Drivers
6.1.3. Market Challenges
6.1.3.1. Key Challenges
6.2. Market Opportunity Analysis
6.3. Value Chain & Ecosystem
7. Medical Equipment Calibration Services Market Marketing Channel, Distributors, Customers and Supply Chain
7.1. Marketing Channel
7.1.1. Medical Equipment Calibration Services Distributors List
7.1.2. Medical Equipment Calibration Services - List of Customers
7.1.3. Medical Equipment Calibration Services Supply Chain Analysis
8. Benchmarking
8.1. Comparison of various Strengths & Weaknesses
8.2. Positioning for Competitors
9. SWOT (Strength, Weakness, Opportunity, Threats) Analysis & Positioning
9.1. Strength
9.2. Weakness
9.3. Opportunity
9.4. Threats
9.5. Analysis & Positioning
9.6. Threats to new comers
9.7. Other Services
9.7.1. Consultancy Services
9.7.2. Audits
9.7.3. Risk Assessments
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