Summary

Medical Equipment Repair Software Market Growth & Trends

The global medical equipment repair software market size is expected to reach USD 82.46 million by 2030, growing at a CAGR of 9.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The key factors driving the market growth include the rise in aging medical equipment and devices that require routine maintenance. Furthermore, technological advancements in the industry have made it easy to diagnose and repair medical equipment, leading to maintenance services that are more effective and economical. Therefore, the demand for medical equipment repair software is expected to grow in the coming years.

Medical equipment repair software is designed to help healthcare organizations manage and maintain their medical equipment. The software offers a variety of features including asset tracking, maintenance logs, custom repairs, scheduled inspection, and streamlined inventory management. Asset tag tracking helps ensure meaningful data is maintained and tracked, while a record of past service events is kept in the maintenance logs. Custom repairs lead to a longer-lasting product life, while scheduled inspections may help in performance optimization. Finally, with streamlined inventory management, easy ordering of consumables and tools for backups is possible. The software helps healthcare organizations operate more efficiently while meeting any compliance requirements.

Furthermore, increasing government initiatives and funding are expected to propel market growth. According to the HIMSS Future of Healthcare Report, 80% of healthcare providers plan to boost investments in technology and digital solutions within the next five years. This is expected to drive growth in various sectors, including telemedicine, personalized medicine, genomics, and wearables. To accomplish these advancements, key market players are leveraging cutting-edge technologies such as cloud computing, Extended Reality (XR), Artificial Intelligence (AI), and the Internet of Things (IoT). These transformative technologies enable the development and delivery of innovative treatments and services that cater to the evolving needs of patients and healthcare systems.

Medical Equipment Repair Software Market Report Highlights

• Based on deployment mode, the web & cloud-based segment dominated the market with a maximum revenue share in 2022. The growth is attributed tothe need to reduce maintenance expenses and ensure the smooth operation of medical equipment

• Based on end-use, the hospital segment dominated the market in 2022. The growth of the segment is attributed to the increasing government initiatives and regulations

• North America dominated the market in 2022. The growth of the region is driven by factors such as the rise in disposable income, the thriving medical tourism industry, and an increase in investments in healthcare infrastructure

• Asia Pacific is expected to witness a lucrative CAGR of 10.0% from 2023 to 2030, owing to heavy government investment in digital transformation, increased end-user awareness, and growing demand for medical devices in the region

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Table of Contents

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.1.1. Segment Definitions
1.1.1.1. Deployment Mode Segment
1.1.1.2. End-Use Segment
1.2. Regional Scope
1.3. Estimates And Forecast Timeline
1.4. Objectives
1.4.1. Objective - 1
1.4.2. Objective - 2
1.4.3. Objective - 3
1.5. Research Methodology
1.6. Information Procurement
1.6.1. Purchased Database
1.6.2. Gvr’s Internal Database
1.6.3. Secondary Sources
1.6.4. Primary Research
1.7. Information Or Data Analysis
1.7.1. Data Analysis Models
1.8. Market Formulation & Validation
1.8.1. Model Details
1.9. Commodity Flow Analysis
1.10. List of Secondary Sources
1.11. List of Abbreviations
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
3.1. Market Segmentation and Scope
3.2. Market Lineage Outlook
3.2.1. Parent Market Outlook
3.2.2. Related/Ancillary Market Outlook
3.3. Market Trends and Outlook
3.4. Market Dynamics
3.5. Market Restraint Analysis
3.6. Business Environment Analysis
3.6.1. PESTLE Analysis
3.6.2. Porter’s Five Forces Analysis
3.7. COVID-19 Impact Analysis
Chapter 4. Deployment Mode Business Analysis
4.1. Medical Equipment Repair Software Market: Deployment Mode Movement Analysis
4.2. Web & Cloud-based
4.2.1. Web & Cloud-based Market, 2018 - 2030 (USD Million)
4.3. On-premise
4.3.1. On-premise Market, 2018 - 2030 (USD Million)
Chapter 5. End Use Business Analysis
5.1. Medical Equipment Repair Software Market: End-use Movement Analysis
5.2. Hospital
5.2.1. Hospital Market, 2018 - 2030 (USD Million)
5.3. Diagnostic Laboratories
5.3.1. Diagnostic Laboratories Market, 2018 - 2030 (USD Million)
5.4. Clinics
5.4.1. Clinics Market, 2018 - 2030 (USD Million)
5.5. Others
5.5.1. Others Market, 2018 - 2030 (USD Million)
Chapter 6. Regional Business Analysis
6.1. Medical Equipment Repair Software Market Share By Region, 2022 & 2030
6.2. North America
6.2.1. North America Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.2.2. U.S.
6.2.2.1. Key Country Dynamics
6.2.2.2. Regulatory Framework/Scenario
6.2.2.3. Competitive Scenario
6.2.2.4. U.S. Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.2.3. Canada
6.2.3.1. Key Country Dynamics
6.2.3.2. Regulatory Framework/Scenario
6.2.3.3. Competitive Scenario
6.2.3.4. Canada Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Europe Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1. Key Country Dynamics
6.3.2.2. Regulatory Framework/Scenario
6.3.2.3. Competitive Scenario
6.3.2.4. Germany Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.3.3. Germany
6.3.3.1. Key Country Dynamics
6.3.3.2. Regulatory Framework/Scenario
6.3.3.3. Competitive Scenario
6.3.3.4. UK Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.3.4. France
6.3.4.1. Key Country Dynamics
6.3.4.2. Regulatory Framework/Scenario
6.3.4.3. Competitive Scenario
6.3.4.4. France Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.3.5. Italy
6.3.5.1. Key Country Dynamics
6.3.5.2. Regulatory Framework/Scenario
6.3.5.3. Competitive Scenario
6.3.5.4. Italy Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.3.6. Spain
6.3.6.1. Key Country Dynamics
6.3.6.2. Regulatory Framework/Scenario
6.3.6.3. Competitive Scenario
6.3.6.4. Spain Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.3.7. Sweden
6.3.7.1. Key Country Dynamics
6.3.7.2. Regulatory Framework/Scenario
6.3.7.3. Competitive Scenario
6.3.7.4. Sweden Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.3.8. Norway
6.3.8.1. Key Country Dynamics
6.3.8.2. Regulatory Framework/Scenario
6.3.8.3. Competitive Scenario
6.3.8.4. Norway Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.3.9. Denmark
6.3.9.1. Key Country Dynamics
6.3.9.2. Regulatory Framework/Scenario
6.3.9.3. Competitive Scenario
6.3.9.4. Denmark Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.4.2. Japan
6.4.2.1. Key Country Dynamics
6.4.2.2. Regulatory Framework/Scenario
6.4.2.3. Competitive Scenario
6.4.2.4. Japan Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.4.3. China
6.4.3.1. Key Country Dynamics
6.4.3.2. Regulatory Framework/Scenario
6.4.3.3. Competitive Scenario
6.4.3.4. China Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.4.4. India
6.4.4.1. Key Country Dynamics
6.4.4.2. Regulatory Framework/Scenario
6.4.4.3. Competitive Scenario
6.4.4.4. India Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.4.5. Australia
6.4.5.1. Key Country Dynamics
6.4.5.2. Regulatory Framework/Scenario
6.4.5.3. Competitive Scenario
6.4.5.4. Australia Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.4.6. Thailand
6.4.6.1. Key Country Dynamics
6.4.6.2. Regulatory Framework/Scenario
6.4.6.3. Competitive Scenario
6.4.6.4. Thailand Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.4.7. South Korea
6.4.7.1. Key Country Dynamics
6.4.7.2. Regulatory Framework/Scenario
6.4.7.3. Competitive Scenario
6.4.7.4. South Korea Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.5. Latin America
6.5.1. Latin America Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.5.2. Brazil
6.5.2.1. Key Country Dynamics
6.5.2.2. Regulatory Framework/Scenario
6.5.2.3. Competitive Scenario
6.5.2.4. Brazil Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.5.3. Mexico
6.5.3.1. Key Country Dynamics
6.5.3.2. Regulatory Framework/Scenario
6.5.3.3. Competitive Scenario
6.5.3.4. Mexico Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.5.4. Argentina
6.5.4.1. Key Country Dynamics
6.5.4.2. Regulatory Framework/Scenario
6.5.4.3. Competitive Scenario
6.5.4.4. Argentina Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.6. MEA
6.6.1. MEA Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.6.2. South Africa
6.6.2.1. Key Country Dynamics
6.6.2.2. Regulatory Framework/Scenario
6.6.2.3. Competitive Scenario
6.6.2.4. South Africa Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.6.3. Saudi Arabia
6.6.3.1. Key Country Dynamics
6.6.3.2. Regulatory Framework/Scenario
6.6.3.3. Competitive Scenario
6.6.3.4. Saudi Arabia Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.6.4. UAE
6.6.4.1. Key Country Dynamics
6.6.4.2. Regulatory Framework/Scenario
6.6.4.3. Competitive Scenario
6.6.4.4. UAE Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
6.6.5. Kuwait
6.6.5.1. Key Country Dynamics
6.6.5.2. Regulatory Framework/Scenario
6.6.5.3. Competitive Scenario
6.6.5.4. Kuwait Medical Equipment Repair Software Market, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
7.1. Company Categorization
7.2. Strategy Mapping
7.2.1. Merger& Acquisition
7.2.2. Collaborations
7.2.3. New Product Launch
7.3. Participant’s overview
7.3.1. BlueFolder Software, Inc.
7.3.1.1. Overview
7.3.1.2. Financial Performance
7.3.1.3. Product Benchmarking
7.3.1.4. Strategic Initiatives
7.3.2. FieldEZ
7.3.2.1. Overview
7.3.2.2. Financial Performance
7.3.2.3. Product Benchmarking
7.3.2.4. Strategic Initiatives
7.3.3. OrderStorm Inc.
7.3.3.1. Overview
7.3.3.2. Financial Performance
7.3.3.3. Product Benchmarking
7.3.3.4. Strategic Initiatives
7.3.4. SYSPRO
7.3.4.1. Overview
7.3.4.2. Financial Performance
7.3.4.3. Product Benchmarking
7.3.4.4. Strategic Initiatives
7.3.5. ECI Software Solutions, Inc.
7.3.5.1. Overview
7.3.5.2. Financial Performance
7.3.5.3. Product Benchmarking
7.3.5.4. Strategic Initiatives
7.3.6. Mapcon Technologies, Inc.
7.3.6.1. Overview
7.3.6.2. Financial Performance
7.3.6.3. Product Benchmarking
7.3.6.4. Strategic Initiatives
7.3.7. APTIEN.COM
7.3.7.1. Overview
7.3.7.2. Financial Performance
7.3.7.3. Product Benchmarking
7.3.7.4. Strategic Initiatives
7.3.8. UpKeep Technologies, Inc.
7.3.8.1. Overview
7.3.8.2. Financial Performance
7.3.8.3. Product Benchmarking
7.3.8.4. Strategic Initiatives
7.3.9. EZO
7.3.9.1. Overview
7.3.9.2. Financial Performance
7.3.9.3. Product Benchmarking
7.3.9.4. Strategic Initiatives
7.3.10. Klipboard
7.3.10.1. Overview
7.3.10.2. Financial Performance
7.3.10.3. Product Benchmarking
7.3.10.4. Strategic Initiatives