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    Home > Research Reports > Medical Imaging Equipment Services Market is Expected to Grow at a Respectable CAGR of 3.5% Between 2019 and 2027
    Research Reports

    Medical Imaging Equipment Services Market is Expected to Grow at a Respectable CAGR of 3.5% Between 2019 and 2027

    Published by TMR Research Insights

    Posted on August 19, 2021

    9 min read

    Last updated: January 21, 2026

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    The growing demand for consumer-centric healthcare has underpinned promising avenues in the medical imaging equipment services market. The trend has paved way to new avenues in patient-cantered healthcare. Numerous operating models have come to the fore including services for repair and maintenances for medical imaging equipment.

    Multi-specialty Healthcare Services Growing in Demand, Hospitals Keenly Tapping the Opportunity

    Over the past few years, hospitals especially in developed nations, are making shift toward value based servicing offerings. One of the key focus areas is the wide adoption of cutting-edge medical imaging equipment for various specialty such as cardiology, obstetrics and gynaecology, and neurology. Subsequently, multispecialty hospitals patient care has grown in demand in emerging economies in the recent decade, and is a key factor spurring investments in the medical imaging equipment services market.

    Request Brochure of Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14789

    On the other side of the spectrum, a growing number of hospitals in the developing regions have been keen on outsourcing one or more clinical services. A case in point is India. These hospitals prefer in-house service engineers. All these trends and factors enforce the prominence of hospitals segment. Indeed, research report on medical imaging equipment services market estimated that of all end-use, hospitals held the major share.

    Growing Investments in Public Healthcare Systems Spur Providers to Opt for Constant Technology Upgrades

    Market survey on the medical imaging equipment services market finds that number of economies, both developed and emerging, has been increasingly looking to adopt advanced technologies in imaging. This has led hospitals in particular to look for constant technological upgrades through medical imaging equipment services. As a result, both OEMs and vendors have seen new avenues for growth, and are offering value-based servicing offerings. In recent years, medical equipment automation companies have begun growing their stakes in the medical imaging equipment services market.

    Request for Analysis of COVID19 Impact Medical Imaging Equipment Services Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=14789

    Intense Level of Competition to Expand the Scope of New Revenue Streams for All Stakeholders

    The medical imaging equipment services market has benefitted from a large influx of demand for high-volume, low-value modalities. Notable examples are ultrasound, bone densitometry, and X ray. A great deal of this trend is underpinned by rapidly rising demands for healthcare for aging population worldwide. In emerging economies notably in Asia, an unmet need exists in a growing patient base.

    All these trends have spurred the demand for equipment repair & maintenance services. The competitive landscape of medical imaging equipment services market is thus expected to see some lucrative avenue for incumbent players as well for new entrants looking to gain a foothold by adopting competitive pricing strategies. However, this factor has also changed the course of the market in recent years, as the profit margins of OEMs have suffered due to growing preference of refurbished systems.

    Some of the key players actively consolidating their shares or positions in the medical imaging equipment services market are Hitachi, Ltd., Universal Hospital Services, Inc., Siemens Healthineers AG, Koninklijke Philips N.V., and GE Healthcare (General Electric Company), Althea Group.

    Buy Medical Imaging Equipment Services Market Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=14789&ltype=S

    Focus on Consumer-Centric Healthcare Makes North America Promising Market

    Of the major regions, North America and Europe have been lucrative markets. The former held the major share in 2018, trailed by Europe. The presence of a favorable reimbursement coverage and promising macroenvironmental trends, mainly due to presence of a well-structured healthcare infrastructure, has helped the North America medical imaging equipment services market attain a prominent position. The vast adoption of consumer-centric healthcare is also a key trend.

    On the other hand, Asia Pacific is also emerging as a promising region. The large unmet need for cutting-edge technologies for chronic disease management is a key driver.

    More Trending Reports by Transparency Market Research –

    Durable Medical Equipment (DME) Market: https://www.prnewswire.co.uk/news-releases/manufacturers-of-durable-medical-equipment-dme-market-bank-on-opportunities-from-healthcare-programs-in-home-settings-valuation-to-surpass-us-261-0-bn-by-2027-says-tmr-880763685.html

    Synthetic Biology Market: https://www.prnewswire.com/news-releases/development-of-gene-editing-tools-for-treating-genetic-diseases-to-present-immense-growth-opportunities-for-synthetic-biology-market-growth-projected-at-whopping-26-3-cagr-from-2019-to-2027–tmr-301273812.html

    About Us

    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

    Contact

    Transparency Market Research
    USA – Canada Toll Free: 866-552-3453
    Email: sales@transparencymarketresearch.com
    Blog: https://tmrblog.com/
    Follow Us: Twitter | LinkedIn
    Press Release Source: https://www.transparencymarketresearch.com/pressrelease/medical-imaging-equipment-services-market.htm

    The growing demand for consumer-centric healthcare has underpinned promising avenues in the medical imaging equipment services market. The trend has paved way to new avenues in patient-cantered healthcare. Numerous operating models have come to the fore including services for repair and maintenances for medical imaging equipment.

    Multi-specialty Healthcare Services Growing in Demand, Hospitals Keenly Tapping the Opportunity

    Over the past few years, hospitals especially in developed nations, are making shift toward value based servicing offerings. One of the key focus areas is the wide adoption of cutting-edge medical imaging equipment for various specialty such as cardiology, obstetrics and gynaecology, and neurology. Subsequently, multispecialty hospitals patient care has grown in demand in emerging economies in the recent decade, and is a key factor spurring investments in the medical imaging equipment services market.

    Request Brochure of Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14789

    On the other side of the spectrum, a growing number of hospitals in the developing regions have been keen on outsourcing one or more clinical services. A case in point is India. These hospitals prefer in-house service engineers. All these trends and factors enforce the prominence of hospitals segment. Indeed, research report on medical imaging equipment services market estimated that of all end-use, hospitals held the major share.

    Growing Investments in Public Healthcare Systems Spur Providers to Opt for Constant Technology Upgrades

    Market survey on the medical imaging equipment services market finds that number of economies, both developed and emerging, has been increasingly looking to adopt advanced technologies in imaging. This has led hospitals in particular to look for constant technological upgrades through medical imaging equipment services. As a result, both OEMs and vendors have seen new avenues for growth, and are offering value-based servicing offerings. In recent years, medical equipment automation companies have begun growing their stakes in the medical imaging equipment services market.

    Request for Analysis of COVID19 Impact Medical Imaging Equipment Services Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=14789

    Intense Level of Competition to Expand the Scope of New Revenue Streams for All Stakeholders

    The medical imaging equipment services market has benefitted from a large influx of demand for high-volume, low-value modalities. Notable examples are ultrasound, bone densitometry, and X ray. A great deal of this trend is underpinned by rapidly rising demands for healthcare for aging population worldwide. In emerging economies notably in Asia, an unmet need exists in a growing patient base.

    All these trends have spurred the demand for equipment repair & maintenance services. The competitive landscape of medical imaging equipment services market is thus expected to see some lucrative avenue for incumbent players as well for new entrants looking to gain a foothold by adopting competitive pricing strategies. However, this factor has also changed the course of the market in recent years, as the profit margins of OEMs have suffered due to growing preference of refurbished systems.

    Some of the key players actively consolidating their shares or positions in the medical imaging equipment services market are Hitachi, Ltd., Universal Hospital Services, Inc., Siemens Healthineers AG, Koninklijke Philips N.V., and GE Healthcare (General Electric Company), Althea Group.

    Buy Medical Imaging Equipment Services Market Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=14789&ltype=S

    Focus on Consumer-Centric Healthcare Makes North America Promising Market

    Of the major regions, North America and Europe have been lucrative markets. The former held the major share in 2018, trailed by Europe. The presence of a favorable reimbursement coverage and promising macroenvironmental trends, mainly due to presence of a well-structured healthcare infrastructure, has helped the North America medical imaging equipment services market attain a prominent position. The vast adoption of consumer-centric healthcare is also a key trend.

    On the other hand, Asia Pacific is also emerging as a promising region. The large unmet need for cutting-edge technologies for chronic disease management is a key driver.

    More Trending Reports by Transparency Market Research –

    Durable Medical Equipment (DME) Market: https://www.prnewswire.co.uk/news-releases/manufacturers-of-durable-medical-equipment-dme-market-bank-on-opportunities-from-healthcare-programs-in-home-settings-valuation-to-surpass-us-261-0-bn-by-2027-says-tmr-880763685.html

    Synthetic Biology Market: https://www.prnewswire.com/news-releases/development-of-gene-editing-tools-for-treating-genetic-diseases-to-present-immense-growth-opportunities-for-synthetic-biology-market-growth-projected-at-whopping-26-3-cagr-from-2019-to-2027–tmr-301273812.html

    About Us

    Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

    TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

    Contact

    Transparency Market Research
    USA – Canada Toll Free: 866-552-3453
    Email: sales@transparencymarketresearch.com
    Blog: https://tmrblog.com/
    Follow Us: Twitter | LinkedIn
    Press Release Source: https://www.transparencymarketresearch.com/pressrelease/medical-imaging-equipment-services-market.htm

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