Medical Equipment Calibration Services Market Flourishing - Projected to Reach Worth USD 3.73 Billion by 2028: Zion Market Research

NEW YORK, Feb. 21, 2022 /PRNewswire/ -- According to study of Zion Market Research, Medical Equipment Calibration Services industry gathered revenue worth nearly US$ 1.1 billion in 2020 and is predicted to gain returns about US$ 3.73 billion by 2028. Additionally, Medical Equipment Calibration Services market is prognosis to register CAGR of almost 9.6% in 2021-2028.

Read Market Research Report "Medical Equipment Calibration Services Market- By End-User (Clinical Laboratories And Hospitals) And By Services (Original Equipment Manufacturer, Third-Party Services, And In-House Services): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021–2028."

Growth of medical equipment calibration services market over forecast timespan is subject to easy availability of tissue imitating 3D shades and breakthroughs in 3D printing. Apart from this, new business strategies such as yearly calibration service subscription and easy access to workforce at reasonable salaries will facilitate business growth. Furthermore, rise in funding of healthcare sector will ensure huge returns on investment for medical equipment calibration services market. In addition to this, wide spread of COVID-19 pandemic has facilitated expansion of medical equipment calibration services industry. Apparently, growing necessity for medical device maintenance will open new avenues of growth for medical equipment calibration services market in years to come.

Hospitals Segment To Dominate End-User Landscape By 2028:

Growth of hospitals segment over forecast timespan can be credited to patient safety which is a top-most priority of clinics & hospitals. Additionally, large-scale demand for medical equipment calibration services in hospitals post-COVID-19 pandemic will create lucrative growth avenues for market.

Third-Party Services Segment To Contribute Majorly Towards Market Share By 2028:

Segmental expansion in 2021-2028 can be attributed to growing hospital demand on reducing costs and saving time for focusing on other core medical activities. Additionally, need for fastest turnaround time for medical device calibration outcomes has resulted in popularity of third-party services. 

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North America To Make Notable Contributions Towards Regional Market Size By 2028:

Expansion of medical equipment calibration services market in region over anticipated timeline is subject to presence of robust healthcare infrastructure in North America. In addition to this, stringent laws passed by U.S. government pertaining to use of calibration of medical equipment will spur regional market scope. Presence of mammoth players in sub-continent will account massively towards market growth in North American sub-continent over ensuing years.

Report Scope:

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The global Medical Equipment Calibration Services Market is segmented as follows:

Medical Equipment Calibration Services Market: By End Use Industry Outlook (2021-2028)

• Clinical Laboratories
• Hospitals

Medical Equipment Calibration Services Market: By Services Outlook (2021-2028)

• Original Equipment Manufacturer
• Third-Party Services
• In-House Services

Medical Equipment Calibration Services Market: By Region Outlook (2021-2028)

North America

• The U.S.
• Canada

Europe

• France
• The UK
• Spain
• Germany
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa

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List of Key Players of Medical Equipment Calibration Services Market:

• T.A.G Medical Products Corporation Limited
• NS Medical Systems
• Transcat Inc.
• Biomedical Technologies Inc.
• Hospicare Equipment Services Corp.
• JM Test Systems Fluke Biomedical LLC
• Jenn Medical
• TektronixInc

Press Release For Medical Equipment Calibration Services Market: https://www.zionmarketresearch.com/news/medical-equipment-calibration-services-market

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Browse through Zion Market Research's coverage of the Global Medical Device Industry

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