Corrective Maintenance - Medical Equipment Maintenance Market Statistics

The global corrective maintenance medical equipment maintenance market size was valued at US$ 22,213.3 million in 2021 and is estimated to grow at a compound annual growth rate (CAGR) of 7.5% from 2021 to 2028.

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Corrective maintenance: Global medical equipment maintenance market statistics, 2016-2028 (US$M)

Corrective maintenance: Global medical equipment maintenance market statistics, 2016-2028 (US$M)

Corrective maintenance - Medical equipment maintenance market highlights

  • The global corrective maintenance segment generated a revenue of USD 22,213.3 million in 2021 and is expected to reach USD 36,834.4 million by 2028.
  • The market is expected to grow at a CAGR (2022 - 2028) of 7% by 2028.
  • In terms of region, North America was the largest revenue generating market in 2021.
  • Country-wise, Japan is expected to register the highest CAGR from 2022 to 2028.

Market summary

Market revenue in 2021USD 22,213.3 million
Market revenue in 2028USD 36,834.4 million
Growth rate7% (CAGR from 2022 to 2028)
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million

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