About Managed Equipment Sevices
Management Equipment Services is the outsourcing of all areas of medical advances to a third-party organization that specializes in this service. This firm will offer experience in the acquisition, installation, replacement, management, and maintenance of a medical equipment portfolio, as well as long-term user training. Typically, the MES provider will own the equipment and deliver it as part of a managed service that includes all the necessary parts to support the equipment's effective operation. Because the MES provider focuses solely on medical equipment and has a larger market presence than individual healthcare providers, it can offer a higher level of service.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The demand for Managed Equipment services from Emerging Markets is increasing with each passing day. The businesses in this industry facing major competition on a global scale with leading players of the market who hold a major market share. The Leading Players are engaged in organic and non-organic strategic global expansion to maintain their Market Position. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Managed Equipment Sevices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Siemens (Germany), Philips (Netherlands), General Electric (United States), Toshiba (Japan), Varian (United States), Althea (United Kingdom), Stryker Corporation (United States), Cardiac Services Inc (United States), Olympus Corporation (Japan) and Asteral Ltd (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Mindray (China), Esteem (India) and Serco Group (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Managed Equipment Sevices market by and Region.
On the basis of geography, the market of Managed Equipment Sevices has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Service Providers, the sub-segment i.e. Single-Vendor will boost the Managed Equipment Sevices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Hospitals will boost the Managed Equipment Sevices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Radiology will boost the Managed Equipment Sevices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Managed Equipment Services (MES) is a Unique Solution to the Issue of Wasted Medical Equipment Inventories
Market Growth Drivers:
To Fulfil the Demand of Healthcare Services, the Private Sector is Increasingly Cooperating with Government Agencies and To Avoid the Middlemen Costs, the Government Engaged Directly with the Companies for Both MES Equipment and Services for Training
Challenges:
Integrating Devices with a Much More Complicated Healthcare System of People, Processes, and Information
Restraints:
Companies must Comply to Regulation by Governments from Different Countries
Opportunities:
Increase in Development of Medial Healthcare Services in Emerging Markets Such as India and China
Market Leaders and their expansionary development strategies
In April 2021 Siemens Released a Statement Announcing the Acquisition of Varian. Varian and Siemens Healthineers are extending their "EnVision" strategic relationship to create a fully digital, diagnostic, and therapeutic ecosystem that includes treatment management. Siemens Healthineers will use AI-assisted analytics in collaboration with Varian to accelerate the development and delivery of data-driven precision care and revolutionize cancer diagnosis, care, and post-treatment survivorship. Siemens Healthineers will assist and accelerate Varian's objective to minimize cancer patients' uncertainty and boost cancer survivorship by improving early and accurate detection, as well as more efficient diagnosis, treatment quality, and access.
In October 2019, CEVA Logistics announced the launch of a 'specialist installation service' for large-scale medical equipment using its dedicated team of engineers and technicians in India. As an expansion of its global healthcare capabilities, the new service consolidates CEVA’s expertise in healthcare logistics.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Hospitals and Clinics, Healthcare Organization, Pharmaceutical Companies and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.