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North America ISOs Medical Device and Equipment Maintenance Market To Reach $3,612.9 Million by 2030, says P&S Intelligence


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NEW YORK, April 5, 2021 /PRNewswire/ -- The awareness on the preventive maintenance and repairs of medical equipment and devices is increasing in North America. As a result, the North American market for medical device and equipment maintenance and calibration services by independent service organization (ISOs) is expected to grow from $1,468.8 million in 2019 to $3,612.9 million by 2030, at an 8.9% CAGR between 2021 and 2030. This is because properly functioning medical equipment is necessary for effective diagnosis and treatment.
Moreover, equipment that hasn't been repaired in a long time can malfunction and even be harmful. Similarly, as medical devices and equipment are used on multiple patients, not repairing them regularly can drastically increase the risk of hospital-acquired infections. In this regard, the key drivers for the North American market for medical device and equipment maintenance and calibration services by ISOs are the hospital hygiene guidelines of the World Health Organization (WHO) and mandates of various government agencies for regular medical equipment and device maintenance.

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