Market Size in 2020 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.1 Billion | USD 3.73 Billion | 9.6% | 2020 |
FrequentlyAsked Questions
Expansion of medical equipment calibration services industry over 2021-2028 can be credited to breakthroughs in medical equipment sector, strict laws related to device calibration services, and rising awareness about preventive medical equipment maintenance.
According to Zion market research report, the global Medical Equipment Calibration Services Market size accrued earnings worth approximately 1.1 (USD Billion) in 2020 and is predicted to gain revenue of about 3.73 (USD Billion) by 2028, is set to record a CAGR of nearly 9.6% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to credited to supportive government laws related to use of medical device calibration solutions in clinics and hospitals.
The key market participants include NS Medical Systems, Biomedical Technologies Inc., Hospicare Equipment Services Corp., Fluke Biomedical LLC, T.A.G Medical Products Corporation Limited, Jenn Medical, JM Test Systems, Transcat, Inc., and Tektronix, Inc.
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