[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Medical Equipment Calibration Market Size, Trends, Analysis, and Outlook By Type (Vital Sign Monitors, Ventilators, Fetal Monitors, Cardiovascular Monitors, Imaging Equipment, Infusion Pumps, Others), By Service (In-House Calibration Services, Third Party Calibration Services, OEM (Original Equipment Manufacturer) Calibration Services), By End-User (Clinical Laboratories, Hospitals, Others), by Country, Segment, and Companies, 2024-2032

April 2024 | 205 pages | ID: M38361EDAB45EN
VPAResearch

US$ 3,980.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
The global Medical Equipment Calibration market size is poised to register 9.7% growth from 2024 to 2032, presenting significant growth prospects for companies operating in the industry. The industry study analyzes the global Medical Equipment Calibration market across By Type (Vital Sign Monitors, Ventilators, Fetal Monitors, Cardiovascular Monitors, Imaging Equipment, Infusion Pumps, Others), By Service (In-House Calibration Services, Third Party Calibration Services, OEM (Original Equipment Manufacturer) Calibration Services), By End-User (Clinical Laboratories, Hospitals, Others)

The medical equipment calibration market is experiencing rapid growth driven by the increasing demand for accurate and reliable measurements, calibration services, and quality assurance solutions in healthcare facilities, clinical laboratories, and medical device manufacturing environments, as well as the growing emphasis on regulatory compliance, accreditation requirements, and international standards that govern the calibration and maintenance of medical equipment and instrumentation. With advancements in calibration methodologies, calibration standards, and traceability protocols, there is a rising opportunity for medical equipment calibration providers to offer integrated solutions that ensure metrological traceability, measurement accuracy, and instrument performance while minimizing downtime, operational disruptions, and regulatory non-compliance risks. Further, the expanding applications of medical equipment calibration in diagnostic imaging, patient monitoring, and laboratory diagnostics are driving market expansion further.

Medical Equipment Calibration Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Medical Equipment Calibration market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Medical Equipment Calibration survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Medical Equipment Calibration industry.

Key market trends defining the global Medical Equipment Calibration demand in 2024 and Beyond

The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Medical Equipment Calibration Market Segmentation- Industry Share, Market Size, and Outlook to 2032

The Medical Equipment Calibration industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Medical Equipment Calibration companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Medical Equipment Calibration industry

Leading Medical Equipment Calibration companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Medical Equipment Calibration companies.

Medical Equipment Calibration Market Study- Strategic Analysis Review

The Medical Equipment Calibration market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
  • Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
  • Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
  • Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
  • Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Medical Equipment Calibration Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Medical Equipment Calibration industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three case scenarios- low case, reference case, and high case scenarios.

Medical Equipment Calibration Country Analysis and Revenue Outlook to 2032

The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2032. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2032.

North America Medical Equipment Calibration Market Size Outlook- Companies plan for focused investments in a changing environment

The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong healthcare infrastructure. Leading companies focus on new product launches in the changing environment. The US healthcare expenditure is expected to grow to $4.8 trillion in 2024 (around 3.7% growth in 2024), potentially driving demand for various Medical Equipment Calibration market segments. Similarly, Strong market demand is encouraging Canadian Medical Equipment Calibration companies to invest in niche segments. Further, as Mexico continues to strengthen its relations and invest in technological advancements, the Mexico Medical Equipment Calibration market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Medical Equipment Calibration Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Medical Equipment Calibration industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Medical Equipment Calibration market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Medical Equipment Calibration Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Medical Equipment Calibration in Asia Pacific. In particular, China, India, and South East Asian Medical Equipment Calibration markets present a compelling outlook for 2032, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Medical Equipment Calibration Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Medical Equipment Calibration Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Medical Equipment Calibration market potential. Fueled by increasing healthcare expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Medical Equipment Calibration.

Medical Equipment Calibration Market Company Profiles

The global Medical Equipment Calibration market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Fortive Corp, Godrej & Boyce Mfg. Co. Ltd, ISS Solutions, a Geisinger Company, JM Test Systems Inc, JPen Medical Ltd, Medserve Ltd, NS Medical Systems LLC, TAG Medical Products Inc, Tektronix Inc, Transcat Inc.

Recent Medical Equipment Calibration Market Developments

The global Medical Equipment Calibration market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Medical Equipment Calibration Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis
  • Pricing Analysis
  • Value Chain Analysis
  • SWOT Profile
  • Market Dynamics- Trends, Drivers, Challenges
  • Porter’s Five Forces Analysis
  • Macroeconomic Impact Analysis
  • Case Scenarios- Low, Base, High
Market Segmentation:

By Type

Vital Sign Monitors

Ventilators

Fetal Monitors

Cardiovascular Monitors

Imaging Equipment

Infusion Pumps

Others

By Service

In-House Calibration Services

Third Party Calibration Services

OEM (Original Equipment Manufacturer) Calibration Services

By End-User

Clinical Laboratories

Hospitals

Others

Geographical Segmentation:
  • North America (3 markets)
  • Europe (6 markets)
  • Asia Pacific (6 markets)
  • Latin America (3 markets)
  • Middle East Africa (5 markets)
Companies

Fortive Corp

Godrej & Boyce Mfg. Co. Ltd

ISS Solutions, a Geisinger Company

JM Test Systems Inc

JPen Medical Ltd

Medserve Ltd

NS Medical Systems LLC

TAG Medical Products Inc

Tektronix Inc

Transcat Inc

Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Medical Equipment Calibration Market Overview and Key Findings, 2024
1.2 Medical Equipment Calibration Market Size and Growth Outlook, 2021- 2030
1.3 Medical Equipment Calibration Market Growth Opportunities to 2030
1.4 Key Medical Equipment Calibration Market Trends and Challenges
  1.4.1 Medical Equipment Calibration Market Drivers and Trends
  1.4.2 Medical Equipment Calibration Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Medical Equipment Calibration Companies

2. MEDICAL EQUIPMENT CALIBRATION MARKET SIZE OUTLOOK TO 2030

2.1 Medical Equipment Calibration Market Size Outlook, USD Million, 2021- 2030
2.2 Medical Equipment Calibration Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. MEDICAL EQUIPMENT CALIBRATION MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. MEDICAL EQUIPMENT CALIBRATION MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
By Type
Vital Sign Monitors
Ventilators
Fetal Monitors
Cardiovascular Monitors
Imaging Equipment
Infusion Pumps
Others
By Service
In-House Calibration Services
Third Party Calibration Services
OEM (Original Equipment Manufacturer) Calibration Services
By End-User
Clinical Laboratories
Hospitals
Others
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Medical Equipment Calibration Market, 2025
5.2 Asia Pacific Medical Equipment Calibration Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Medical Equipment Calibration Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Medical Equipment Calibration Market, 2025
5.5 Europe Medical Equipment Calibration Market Size Outlook by Type, 2021- 2030
5.6 Europe Medical Equipment Calibration Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Medical Equipment Calibration Market, 2025
5.8 North America Medical Equipment Calibration Market Size Outlook by Type, 2021- 2030
5.9 North America Medical Equipment Calibration Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Medical Equipment Calibration Market, 2025
5.11 South America Pacific Medical Equipment Calibration Market Size Outlook by Type, 2021- 2030
5.12 South America Medical Equipment Calibration Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Medical Equipment Calibration Market, 2025
5.14 Middle East Africa Medical Equipment Calibration Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Medical Equipment Calibration Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Medical Equipment Calibration Market Size Outlook and Revenue Growth Forecasts
6.2 US Medical Equipment Calibration Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Medical Equipment Calibration Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Medical Equipment Calibration Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Medical Equipment Calibration Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Medical Equipment Calibration Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Medical Equipment Calibration Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Medical Equipment Calibration Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Medical Equipment Calibration Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Medical Equipment Calibration Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Medical Equipment Calibration Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Medical Equipment Calibration Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Medical Equipment Calibration Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Medical Equipment Calibration Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Medical Equipment Calibration Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Medical Equipment Calibration Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Medical Equipment Calibration Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Medical Equipment Calibration Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Medical Equipment Calibration Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Medical Equipment Calibration Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Medical Equipment Calibration Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Medical Equipment Calibration Industry Drivers and Opportunities

7. MEDICAL EQUIPMENT CALIBRATION MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. MEDICAL EQUIPMENT CALIBRATION COMPANY PROFILES

8.1 Profiles of Leading Medical Equipment Calibration Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Fortive Corp
Godrej & Boyce Mfg. Co. Ltd
ISS Solutions, a Geisinger Company
JM Test Systems Inc
JPen Medical Ltd
Medserve Ltd
NS Medical Systems LLC
TAG Medical Products Inc
Tektronix Inc
Transcat Inc.

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


More Publications