The medical equipment maintenance market is experiencing significant growth, driven by the increasing complexity of medical devices and the rising demand for healthcare services. As of 2025, the market is projected to reach approximately $60.68 billion, with a robust annual growth rate of 10.8% MarketsandMarkets. This expansion is fueled by the need for reliable maintenance services to ensure the optimal performance and longevity of medical equipment.
Top Players in the Medical Equipment Maintenance Market
1. GE HealthCare
GE HealthCare is a prominent player in the medical equipment maintenance sector, offering a wide range of services including planned maintenance kits, repair solutions, and technical support. In Q4 2024, GE HealthCare reported a revenue of $5.3 billion, contributing to a full-year revenue of $19.7 billion, marking a 1% increase from the previous year
2. Siemens Healthineers AG
Siemens Healthineers AG provides remote support services, predictive analytics, and convenient maintenance scheduling to optimize clinical lab operations. The company generated a revenue of €5,662 million in Q3 2025
3. Medtronic
Medtronic is a global leader in medical technology, offering comprehensive maintenance services across various medical equipment categories. The company reported a revenue of $33 billion in 2024, solidifying its position in the medical equipment maintenance market
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4. Aramark
Aramark provides medical equipment maintenance services, focusing on maximizing uptime, managing costs, and coordinating repairs with customized programs for healthcare organizations
5. Koninklijke Philips N.V.
Philips Healthcare is known for its advanced medical equipment and maintenance services, offering comprehensive solutions to healthcare providers worldwide
6. B. Braun SE
B. Braun SE offers a range of medical equipment maintenance services, ensuring the optimal performance and safety of medical devices
7. AlphaSource Group
AlphaSource Group provides medical equipment maintenance services, focusing on delivering high-quality solutions to healthcare facilities
8. Althea Group
Althea Group offers comprehensive medical equipment maintenance services, ensuring the reliability and efficiency of medical devices
9. TRIMEDX
TRIMEDX was named the 2024 top company in medical equipment maintenance services by MedTech Outlook, highlighting its dedication to service excellence in the healthcare technology management industry
10. Crothall Healthcare
Crothall Healthcare was recognized as one of the Top 10 Medical Equipment Maintenance Service Companies for 2023 by MedTech Outlook, reflecting its commitment to providing excellent medical device service at healthcare facilities across the United States
Conclusion
The medical equipment maintenance market is characterized by the presence of several key players offering a range of services to ensure the optimal performance of medical devices. Companies like GE HealthCare, Siemens Healthineers AG, Medtronic, and Aramark are leading the market, leveraging their expertise and global presence to meet the growing demand for maintenance services. As the healthcare industry continues to evolve, these companies are well-positioned to drive innovation and excellence in medical equipment maintenance.
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