How is Need for Ensuring Safety of Patients Driving Medical Equipment Maintenance Market?

Medical equipment in different healthcare facilities are of great importance, clearly, which is why it is crucial that these equipment types are maintained properly in order to ensure the safety of both patients and healthcare workers and to provide high quality service. For the same, the University of Michigan hospital has an equipment management program for making sure of the safety and reliable operation of medical equipment and effective treatment of patients, throughout the University of Michigan Hospital and Health Centers. Under the program, every classification of device is assigned a preventive maintenance inspection strategy and schedules for ensuring that the equipment provides reliable and accurate information to clinicians.

Request to Get the Sample Pages at:https://www.psmarketresearch.com/market-analysis/medical-equipment-maintenance-market/report-sample

Apart from this, the strict regulatory framework across the globe make it mandatory for the healthcare facilities to maintain medical equipment properly. For example, the U.S. Centers for Medicare and Medicaid Services regulations, state department of health rules, original equipment manufacturers (OEM), and equipment alerts and recalls from the U.S. Food and Drug Administration, make is necessary for hospitals to comply with several needs related to equipment maintenance. Because of these reasons, the global medical equipment maintenance market is expected to generate a revenue of $26.4 billion by 2024, increasing from $16.1 billion revenue in 2018, progressing at an 8.7% CAGR during the forecast period (2019–2024), according to a P&S Intelligence report.

Enquiry: https://www.psmarketresearch.com/send-enquiry?enquiry-url=medical-equipment-maintenance-market

Maintenance services for medical equipment include operational, preventive and predictive, and corrective. The largest demand in the coming years is expected to be created for preventive and predictive services due to the growing adoption of annual maintenance cost agreements by hospitals, as a number of benefits are associated with these policies.  Different equipment type which undergo regular maintenance are dental, imaging, surgical, electromedical, surgical, and life support. The imaging equipment, including endoscopes, digital X-rays, ultrasounds, magnetic resonance imaging, and computed tomography, are predicted to make considerable use of these services in the coming years, because of their increased usage owing to the growing prevalence of diseases.