Product Code: ETC6184746 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Calibration of medical equipment is critical to ensure accurate diagnosis and patient safety. In Australia, strict healthcare regulations mandate periodic calibration of equipment such as imaging devices, monitors, and surgical tools. The calibration market is supported by third-party service providers as well as in-house hospital technicians, and is influenced by the frequency of audits and accreditation processes.
Australia`s medical equipment calibration market is experiencing growth due to increased regulatory compliance and quality assurance standards across healthcare institutions. There is growing awareness among clinics and diagnostic centers about the need for regular calibration of imaging and diagnostic devices. Outsourcing calibration services to certified providers is becoming a common trend, along with digitization of calibration records for audits and inspections.
This market struggles with the lack of standardized procedures across facilities, leading to inconsistent calibration practices. The high cost of skilled labor and precision instruments for calibration services also limits widespread adoption. Additionally, smaller medical facilities often neglect regular calibration, risking patient safety and compliance penalties.
The push for standardization and accreditation of healthcare facilities creates growing demand for professional calibration services. Investment opportunities lie in establishing accredited calibration labs and tech platforms that streamline scheduling, reporting, and compliance. Firms that offer mobile calibration units or SaaS-based solutions for equipment validation are especially well-positioned for scalable growth.
The TGA enforces strict guidelines on the calibration of medical devices to ensure accuracy and safety. Government policies require regular calibration and maintenance for medical equipment to comply with safety standards, which is a key driver for this market. Additionally, healthcare reimbursements are tied to equipment that meets calibration standards, further emphasizing the need for stringent calibration policies. However, the cost of compliance and the complexity of calibration processes often present challenges, especially for smaller healthcare providers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Medical Equipment Calibration Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Medical Equipment Calibration Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Medical Equipment Calibration Market - Industry Life Cycle |
3.4 Australia Medical Equipment Calibration Market - Porter's Five Forces |
3.5 Australia Medical Equipment Calibration Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Australia Medical Equipment Calibration Market Revenues & Volume Share, By Type of Services, 2021 & 2031F |
3.7 Australia Medical Equipment Calibration Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Australia Medical Equipment Calibration Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Medical Equipment Calibration Market Trends |
6 Australia Medical Equipment Calibration Market, By Types |
6.1 Australia Medical Equipment Calibration Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Medical Equipment Calibration Market Revenues & Volume, By Equipment Type, 2021- 2031F |
6.1.3 Australia Medical Equipment Calibration Market Revenues & Volume, By Vital Sign Monitors, 2021- 2031F |
6.1.4 Australia Medical Equipment Calibration Market Revenues & Volume, By Ventilators, 2021- 2031F |
6.1.5 Australia Medical Equipment Calibration Market Revenues & Volume, By Fetal Monitors, 2021- 2031F |
6.1.6 Australia Medical Equipment Calibration Market Revenues & Volume, By Cardiovascular Monitors, 2021- 2031F |
6.1.7 Australia Medical Equipment Calibration Market Revenues & Volume, By Imaging Equipment, 2021- 2031F |
6.1.8 Australia Medical Equipment Calibration Market Revenues & Volume, By Infusion Pumps, 2021- 2031F |
6.2 Australia Medical Equipment Calibration Market, By Type of Services |
6.2.1 Overview and Analysis |
6.2.2 Australia Medical Equipment Calibration Market Revenues & Volume, By In-House Calibration Services, 2021- 2031F |
6.2.3 Australia Medical Equipment Calibration Market Revenues & Volume, By Third Party Calibration Services, 2021- 2031F |
6.2.4 Australia Medical Equipment Calibration Market Revenues & Volume, By OEM (Original Equipment Manufacturer), 2021- 2031F |
6.3 Australia Medical Equipment Calibration Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Australia Medical Equipment Calibration Market Revenues & Volume, By Clinical Laboratories, 2021- 2031F |
6.3.3 Australia Medical Equipment Calibration Market Revenues & Volume, By Hospitals, 2021- 2031F |
7 Australia Medical Equipment Calibration Market Import-Export Trade Statistics |
7.1 Australia Medical Equipment Calibration Market Export to Major Countries |
7.2 Australia Medical Equipment Calibration Market Imports from Major Countries |
8 Australia Medical Equipment Calibration Market Key Performance Indicators |
9 Australia Medical Equipment Calibration Market - Opportunity Assessment |
9.1 Australia Medical Equipment Calibration Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Australia Medical Equipment Calibration Market Opportunity Assessment, By Type of Services, 2021 & 2031F |
9.3 Australia Medical Equipment Calibration Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Australia Medical Equipment Calibration Market - Competitive Landscape |
10.1 Australia Medical Equipment Calibration Market Revenue Share, By Companies, 2024 |
10.2 Australia Medical Equipment Calibration Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |