Product Code: ETC6184749 | 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 |
Preventive and corrective maintenance is vital for extending the life of medical devices and ensuring continuous patient care. In Australia, the maintenance market is growing with the proliferation of high-tech equipment and the need for compliance with operational safety standards. Service contracts, managed equipment services, and outsourced maintenance solutions are increasingly popular.
Maintenance services for medical equipment in Australia are evolving with a focus on predictive maintenance using IoT and AI technologies. Healthcare providers are moving toward service contracts that include regular preventive checks and real-time diagnostics. As hospitals prioritize equipment uptime, demand for third-party maintenance providers and digital maintenance management platforms is rising.
Challenges in this market include a shortage of skilled biomedical engineers and technicians, leading to delays in maintenance and increased equipment downtime. The rising complexity of medical devices necessitates specialized training and tools, raising the cost of service contracts. Regulatory compliance with safety standards during and after maintenance is another critical concern that demands meticulous attention.
Preventive and predictive maintenance is gaining ground, making it a ripe sector for investment. Companies that offer real-time monitoring, remote diagnostics, and AI-enabled maintenance predictions are particularly attractive. Investors can also explore managed services contracts or third-party providers that cater to small and mid-sized clinics, which often lack in-house biomedical engineers.
Government policies surrounding the maintenance of medical equipment aim to ensure that healthcare institutions adhere to safety standards through regular service and maintenance protocols. The TGA mandates maintenance schedules for certain devices to ensure patient safety. While policies promoting preventative maintenance reduce the risk of equipment failure, the lack of standardized guidelines across all healthcare sectors can lead to inconsistencies in the market. Additionally, government funding for maintenance services is often limited, putting pressure on healthcare providers to manage maintenance costs themselves.
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 Maintenance Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Medical Equipment Maintenance Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Medical Equipment Maintenance Market - Industry Life Cycle |
3.4 Australia Medical Equipment Maintenance Market - Porter's Five Forces |
3.5 Australia Medical Equipment Maintenance Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Australia Medical Equipment Maintenance Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.7 Australia Medical Equipment Maintenance Market Revenues & Volume Share, By Service Provider, 2021 & 2031F |
3.8 Australia Medical Equipment Maintenance Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Australia Medical Equipment Maintenance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Medical Equipment Maintenance Market Trends |
6 Australia Medical Equipment Maintenance Market, By Types |
6.1 Australia Medical Equipment Maintenance Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Medical Equipment Maintenance Market Revenues & Volume, By Device Type, 2021- 2031F |
6.1.3 Australia Medical Equipment Maintenance Market Revenues & Volume, By Imaging Equipment, 2021- 2031F |
6.1.4 Australia Medical Equipment Maintenance Market Revenues & Volume, By Endoscopic Device, 2021- 2031F |
6.1.5 Australia Medical Equipment Maintenance Market Revenues & Volume, By Surgical Instrument, 2021- 2031F |
6.1.6 Australia Medical Equipment Maintenance Market Revenues & Volume, By Electro-Medical Equipment, 2021- 2031F |
6.1.7 Australia Medical Equipment Maintenance Market Revenues & Volume, By Dental Equipment and Life Support Devices, 2021- 2031F |
6.2 Australia Medical Equipment Maintenance Market, By Service Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Medical Equipment Maintenance Market Revenues & Volume, By Preventive Maintenance, 2021- 2031F |
6.2.3 Australia Medical Equipment Maintenance Market Revenues & Volume, By Corrective Maintenance and Operational Maintenance, 2021- 2031F |
6.3 Australia Medical Equipment Maintenance Market, By Service Provider |
6.3.1 Overview and Analysis |
6.3.2 Australia Medical Equipment Maintenance Market Revenues & Volume, By Original Equipment Manufacturers, 2021- 2031F |
6.3.3 Australia Medical Equipment Maintenance Market Revenues & Volume, By Independent Service Organizations and In-House Maintenance, 2021- 2031F |
6.4 Australia Medical Equipment Maintenance Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Australia Medical Equipment Maintenance Market Revenues & Volume, By Private-Sector Organizations, 2021- 2031F |
6.4.3 Australia Medical Equipment Maintenance Market Revenues & Volume, By Public-Sector Organizations, 2021- 2031F |
7 Australia Medical Equipment Maintenance Market Import-Export Trade Statistics |
7.1 Australia Medical Equipment Maintenance Market Export to Major Countries |
7.2 Australia Medical Equipment Maintenance Market Imports from Major Countries |
8 Australia Medical Equipment Maintenance Market Key Performance Indicators |
9 Australia Medical Equipment Maintenance Market - Opportunity Assessment |
9.1 Australia Medical Equipment Maintenance Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Australia Medical Equipment Maintenance Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.3 Australia Medical Equipment Maintenance Market Opportunity Assessment, By Service Provider, 2021 & 2031F |
9.4 Australia Medical Equipment Maintenance Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Australia Medical Equipment Maintenance Market - Competitive Landscape |
10.1 Australia Medical Equipment Maintenance Market Revenue Share, By Companies, 2024 |
10.2 Australia Medical Equipment Maintenance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |