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Growth and Innovation in Healthcare

The U.S. medical equipment maintenance market is transforming through technology, competition, and evolving healthcare demands.

Recent M&A Activity
Medical Device MRO

Market Analysis

The U.S. Medical Equipment Maintenance and MRO market is set for robust expansion, with the market size projected to rise from $44.4 billion in 2024 to $95 billion by 2030, reflecting a CAGR between 1.56% and 13.5%. This growth is fueled by rising demand for medical devices and an increasing focus on preventive maintenance. Strategic drivers include innovative financing and the uptake of refurbished systems. However, the market is challenged by high costs, a shortage of skilled technicians, and regulatory compliance hurdles. Companies should prioritize cost efficiency and workforce development to capitalize on these trends.
~
$
44.4
B

Market Value 2024 (U.S)

~
$
95
B

Market Value 2030 (U.S)

1.56
%

CAGR (U.S)

Key Market Drivers

Growth in medical equipment markets

Focus on preventive maintenance

Adoption of innovative funding mechanisms

Market Inhibitors

High initial costs and significant maintenance expenditure

Dearth of skilled technicians and biomedical engineers

Compliance issues with New Medical Device Regulation guidelines and Golden Rule

Our Insights

The U.S. Medical Equipment Maintenance and MRO sector is primed for transformative growth, but the real winners will be those who excel at navigating regulatory complexity, talent shortages, and relentless competitive pressures. Business owners should hone their differentiation by investing in digital and AI-driven services, prioritizing predictive maintenance and cybersecurity to address evolving client needs. Consolidation offers scale, but must be paired with agility and compliance focus to withstand regulatory scrutiny. Sustainability, inclusivity, and strategic partnerships are not just value-adds—they are imperatives for enduring relevance. Proactive adaptability, workforce upskilling, and a relentless customer focus will define market leaders.

Key Players in The Industry

ISS Solutions

Comprehensive Healthcare Technology Management (HTM) services, including medical equipment maintenance and repair, complete maintenance, knowledge, and CMMS solutions. Targets larger healthcare institutions and independent providers.

Agiliti Health

Manages and maintains medical equipment for healthcare organizations, optimizing clinical and economic outcomes. Offers equipment value management, on-site management, clinical engineering, and equipment rental.

Innovatrix Biomedical, LLC

Biomedical equipment service and management, focusing on remote locations in Colorado. Offers repairs, preventive maintenance, and vendor contract management.

Recent
M&A Activity

Consolidation between suppliers and OEMs to remain relevant. Driven by access to new technologies, customers, regions, and capabilities. Regulatory scrutiny on medtech consolidation.
Acquisition
2025
Aptyx acquiring Medical Murray’s North Carolina facility
Expansion of interventional portfolio
Acquisition
2025
KARL STORZ acquiring T1V’s medical business
Strengthening digital surgery suite
Acquisition
2025
Boston Scientific acquiring Bolt Medical
Enhancing cardiovascular offerings

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