North America Medical Imaging Equipment Services Market Key Players Analysis, Opportunities and Growth Forecast to 2027

The North America medical imaging equipment services market is expected to reach US$ 8,916.28 Mn in 2027 from US$ 6,526.03 Mn in 2018. The market is estimated to grow with a CAGR of 3.6% from 2019-2027.

Kay Players:

  1. GENERAL ELECTRIC
  2. Siemens Healthineers AG
  3. Hitachi, Ltd.
  4. Hologic Inc.
  5. Koninklijke Philips N.V.
  6. Shimadzu Corporation
  7. Canon Inc.
  8. Carestream (Onex Corporation)
  9. Agility Health
  10. Althea Group

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Market Growth and Key Drivers

The growth of the medical imaging equipment services market is driven by several key factors, including the increasing number of hospitals and diagnostic centers, enhanced service quality leading to better performance, and the rising prevalence of both chronic and acute diseases. However, the market may face challenges due to a lack of funding and grants for diagnostic equipment during the forecast period.

Importance of Medical Imaging Equipment Maintenance

Medical imaging equipment is a sophisticated technology incorporating various advancements to aid in diagnosing health conditions. Regular servicing is essential to maintain its performance and ensure accurate results. The medical device industry is highly regulated and continuously invests in emerging technologies that enhance product offerings and service quality.

The integration of these advanced technologies improves imaging resolution, adds new modalities, and enhances portability. These improvements contribute to lower morbidity rates, better health outcomes, and an improved quality of life for patients. Additionally, technological advancements accelerate equipment aging, increasing the demand for upgrades, repairs, and corrective maintenance. To maintain high-quality imaging and ensure consistent performance, regular servicing and maintenance are crucial.

Market Leadership in the US

The United States holds the largest share of the North American medical imaging equipment services market. This dominance is supported by advanced healthcare infrastructure, a shift toward value-based service models, evolving reimbursement policies, and widespread adoption of advanced imaging technologies. These imaging modalities require frequent maintenance, repair, calibration, and inspection, further driving demand for services. As a result, the US is expected to remain the largest contributor to market growth in North America during the forecast period.

Strategic Insights for the North American Market

Strategic insights into the North American medical imaging equipment services market provide data-driven analysis of industry trends, key players, and regional dynamics. These insights help stakeholders—such as investors, manufacturers, and healthcare providers—identify untapped opportunities and develop unique value propositions. By leveraging data analytics, industry players can anticipate market shifts and position themselves for long-term success.

A forward-thinking approach is essential in this evolving market, enabling businesses to make informed decisions, drive profitability, and achieve their strategic objectives. Ultimately, effective market insights empower stakeholders to stay ahead of the competition and capitalize on emerging trends in the medical imaging equipment services sector.

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About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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