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European Medical Equipment Maintenance Market by Device [imaging(MRI, CT, X-ray, mammography), Endoscopy, Monitoring, Dental, Lab Devices], Provider(O...

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Publication Date:  August, 2021

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1 INTRODUCTION 32
1.1 OBJECTIVES OF THE STUDY 32
1.2 MARKET DEFINITION 32
1.3 MARKET SCOPE 34
1.3.1 MARKETS COVERED 34
1.3.2 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY USED FOR THE STUDY 35
1.5 MAJOR MARKET STAKEHOLDERS 35
1.6 SUMMARY OF CHANGES 36
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DATA 38
FIGURE 1 RESEARCH DESIGN 38
2.1.1 SECONDARY DATA 39
2.1.1.1 Secondary sources 40
2.1.2 PRIMARY DATA 40
FIGURE 2 BREAKDOWN OF PRIMARIES: EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET 41
FIGURE 3 PRIMARY SOURCES: EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET 41
2.1.2.1 Primary Sources 42
2.2 MARKET ESTIMATION METHODOLOGY 42
2.2.1 REVENUE MAPPING-BASED MARKET ESTIMATION 43
FIGURE 4 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2020) 43
FIGURE 5 MARKET SIZE ESTIMATION: COMPANY-WISE REVENUE SHARE
ANALYSIS (2020) 44
FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 44
2.2.2 END USER-BASED MARKET ESTIMATION 45
FIGURE 7 MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS (2020) 45
2.2.3 GROWTH FORECAST 45
FIGURE 8 IMPACT OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES ON MARKET GROWTH & CAGR 46
2.2.4 PRIMARY RESEARCH VALIDATION 47
2.2.5 INSIGHTS FROM PRIMARY EXPERTS 47
FIGURE 9 MARKET VALIDATION FROM PRIMARY EXPERTS 47
2.3 DATA TRIANGULATION 48
FIGURE 10 DATA TRIANGULATION METHODOLOGY 48
2.4 RESEARCH ASSUMPTIONS 49
2.5 RESEARCH LIMITATIONS 49
3 EXECUTIVE SUMMARY 50
FIGURE 11 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE, 2021 VS. 2026 (USD MILLION) 50
FIGURE 12 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2021 VS. 2026 (USD MILLION) 51
FIGURE 13 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2021 VS. 2026 (USD MILLION) 51
FIGURE 14 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER, 2021 VS. 2026 (USD MILLION) 52
4 PREMIUM INSIGHTS 53
4.1 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET OVERVIEW 53
FIGURE 15 GROWING TREND OF PREVENTIVE MAINTENANCE IS EXPECTED TO DRIVE MARKET GROWTH IN THE NEXT FIVE YEARS 53
4.2 EUROPEAN DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET SHARE,
BY SERVICE TYPE AND COUNTRY 54
FIGURE 16 PREVENTIVE MAINTENANCE TO FORM THE LARGEST SERVICE TYPE SEGMENT IN THIS MARKET 54
4.3 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET SHARE, BY END USER 55
FIGURE 17 HOSPITALS FORM THE LARGEST END-USER SEGMENT IN THIS MARKET 55
4.4 KEY COUNTRIES IN THE EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET 55
FIGURE 18 MARKET IN GERMANY TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 55
5 MARKET OVERVIEW 56
5.1 INTRODUCTION 56
5.2 MARKET DYNAMICS 56
FIGURE 19 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 56
5.2.1 DRIVERS 57
5.2.1.1 Growth in the associated equipment markets 57
FIGURE 20 EU: DISTRIBUTION OF POPULATION, BY AGE (2010 VS. 2020 VS. 2030) 57
FIGURE 21 EUROPE: PERCENTAGE OF GERIATRIC POPULATION, BY COUNTRY,
2010 VS. 2019 58
FIGURE 22 EUROPE: GERIATRIC POPULATION, BY COUNTRY (MILLION) 58
FIGURE 23 DISEASE TRENDS IN EU-28 (AS OF 2016) 59
FIGURE 24 GERMANY REPORTED THE HIGHEST NUMBER OF ROAD ACCIDENTS IN EUROPE (2016) 60
TABLE 1 EUROPE: COUNTRY-WISE CANCER INCIDENCE PER MILLION POPULATION, 2015–2019 60
TABLE 2 EUROPE: DIABETIC POPULATION AND DIABETES-RELATED HEALTHCARE EXPENDITURE 60
FIGURE 25 EUROPE: CT, MRI, AND PET EXAMS PER 1,000 POPULATION, BY COUNTRY (2018) 61
FIGURE 26 EUROPE: MINIMALLY INVASIVE PROCEDURES PER 100,000 INHABITANTS, BY COUNTRY (2018) 62
5.2.1.2 Rising focus on preventive medical equipment maintenance 62
5.2.1.3 Adoption of innovative funding mechanisms 62
5.2.1.4 Increasing purchase of refurbished medical systems 64
TABLE 3 REGULATIONS ON THE IMPORT AND USE OF REFURBISHED MEDICAL EQUIPMENT 64
5.2.2 RESTRAINTS 66
5.2.2.1 High initial cost and significant maintenance expenditure 66
5.2.2.2 Fiscal unsustainability due to wasteful spending 66
TABLE 4 EUROPE: WASTEFUL SPENDING, BY COUNTRY 66
5.2.3 OPPORTUNITIES 66
5.2.3.1 Innovation in service offerings and use of IoT 66
5.2.3.2 Emergence of ISOs 67
5.2.3.3 Emerging markets across Central and Eastern Europe 67
5.2.4 CHALLENGES 68
5.2.4.1 Survival of players in a highly fragmented and competitive market 68
5.2.4.2 Compliance issues with new MDR regulations and the Golden Rule 68
5.2.4.3 Dearth of skilled technicians and biomedical engineers 69
5.2.5 TRENDS 69
5.2.5.1 Preference for multi-vendor contracts 69
5.2.5.2 Consolidation of dialysis centers and hospitals 69
TABLE 5 PROMINENT ACQUISITIONS IN THE DIALYSIS SERVICES
INDUSTRY (2015–2017) 70
5.2.5.3 Managed equipment service providers and group purchasing 70
FIGURE 27 DEVIATION FROM GOLDEN RULE, BY COUNTRY (2018) 71
5.2.5.4 Equipment maintenance insurance tools for imaging centers 71
5.3 ECOSYSTEM COVERAGE 72
FIGURE 28 ECOSYSTEM COVERAGE: EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET 72
5.4 VALUE CHAIN ANALYSIS 72
FIGURE 29 VALUE CHAIN: MEDICAL DEVICES 73
FIGURE 30 VALUE CHAIN: EUROPEAN MEDICAL EQUIPMENT MAINTENANCE SERVICES WORKFLOW 74
5.5 SUPPLY CHAIN ANALYSIS 74
TABLE 6 SUPPLY CHAIN ECOSYSTEM 74
5.6 PORTER’S FIVE FORCES ANALYSIS 76
TABLE 7 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET: PORTER’S FIVE FORCES ANALYSIS 76
5.6.1 THREAT OF NEW ENTRANTS 76
5.6.2 THREAT OF SUBSTITUTES 76
5.6.3 BARGAINING POWER OF SUPPLIERS 76
5.6.4 BARGAINING POWER OF BUYERS 76
5.6.5 COMPETITIVE RIVALRY AMONG EXISTING PLAYERS 77
 
5.7 IMPACT OF COVID-19 ON THE EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET 77
TABLE 8 SURGICAL CASE TYPES BASED ON INDICATION AND URGENCY 77
5.8 RECLASSIFICATION OF MEDICAL DEVICES UNDER THE NEW MDR REGULATIONS 78
5.8.1 CLASSIFICATION OF NON-INVASIVE DEVICES 79
5.8.2 CLASSIFICATION OF INVASIVE DEVICES 79
5.8.3 CLASSIFICATION OF ACTIVE DEVICES 81
5.8.4 CLASSIFICATION OF NANOMATERIALS 82
5.8.5 SPECIAL RULES 83
6 REGULATORY STANDARDS 84
6.1 INTRODUCTION 84
6.2 ISO STANDARDS 84
6.2.1 ISO 9001:2015 84
6.2.2 ISO 13485:2016 84
7 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE 85
7.1 INTRODUCTION 86
TABLE 9 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE, 2019–2026 (USD MILLION) 86
7.2 DIAGNOSTIC IMAGING EQUIPMENT 87
TABLE 10 LEADING VENDORS OFFERING MAINTENANCE SERVICES FOR IMAGING EQUIPMENT 87
TABLE 11 EUROPEAN DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET,
BY TYPE, 2019–2026 (USD MILLION) 88
TABLE 12 EUROPEAN DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET,
BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 88
TABLE 13 EUROPEAN DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET,
BY SERVICE TYPE, 2019–2026 (USD MILLION) 89
TABLE 14 EUROPEAN DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET,
BY END USER, 2019–2026 (USD MILLION) 89
TABLE 15 EUROPEAN DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 90
7.2.1 MRI SYSTEMS 90
7.2.1.1 Increasing demand for MRI procedures to fuel the demand for maintenance services 90
FIGURE 31 EUROPE: MRI EXAMS PER 1,000 POPULATION, BY COUNTRY (2018) 91
TABLE 16 EUROPEAN MRI SYSTEMS MAINTENANCE MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 91
7.2.2 CT SCANNERS 92
7.2.2.1 CT scanners need specialized engineers and technicians trained to execute the servicing of equipment 92
TABLE 17 EUROPEAN CT SCANNERS MAINTENANCE MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 92
 
7.2.3 X-RAY SYSTEMS 93
7.2.3.1 Demand for OEM-based X-ray maintenance services is expected to increase among ends users 93
TABLE 18 EUROPEAN X-RAY SYSTEMS MAINTENANCE MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 93
7.2.4 ULTRASOUND SYSTEMS 93
7.2.4.1 Demand for preventive maintenance for ultrasound devices is high among end users 93
TABLE 19 EUROPEAN ULTRASOUND SYSTEMS MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 94
7.2.5 ANGIOGRAPHY SYSTEMS 95
7.2.5.1 Growing obsolescence of angiography equipment to drive the demand for maintenance services 95
TABLE 20 EUROPEAN ANGIOGRAPHY SYSTEMS MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 95
7.2.6 MAMMOGRAPHY SYSTEMS 95
7.2.6.1 Preference for mammography over general breast ultrasound to drive the growth of this market segment 95
TABLE 21 EUROPEAN MAMMOGRAPHY SYSTEMS MAINTENANCE MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 96
7.2.7 NUCLEAR IMAGING SYSTEMS (PET/SPECT) 96
7.2.7.1 Hybrid systems hold greater prospects of dominating the nuclear imaging systems maintenance services market in the near future 96
TABLE 22 EUROPEAN NUCLEAR IMAGING SYSTEMS MAINTENANCE MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 97
7.2.8 FLUOROSCOPY SYSTEMS 97
7.2.8.1 Increasing adoption of refurbished fluoroscopy equipment to support the demand for maintenance services 97
TABLE 23 EUROPEAN FLUOROSCOPY SYSTEMS MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 98
7.3 PATIENT MONITORING & LIFE SUPPORT DEVICES 98
TABLE 24 LEADING VENDORS OFFERING MAINTENANCE SERVICES FOR ELECTROMEDICAL EQUIPMENT 99
TABLE 25 EUROPEAN PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 99
TABLE 26 EUROPEAN PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 100
TABLE 27 EUROPEAN PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 100
TABLE 28 EUROPEAN PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 101
TABLE 29 EUROPEAN PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 101
7.3.1 VENTILATORS 102
7.3.1.1 The COVID-19 pandemic has driven the demand for ventilators and the related maintenance services 102
FIGURE 32 COVID-19 IMPACT ON THE VENTILATORS INDUSTRY 102
TABLE 30 EUROPEAN VENTILATORS MAINTENANCE MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 103
7.3.2 ANESTHESIA MONITORING EQUIPMENT 103
7.3.2.1 Stringent regulatory guidelines are in place for the maintenance of anesthesia monitoring equipment 103
TABLE 31 EUROPEAN ANESTHESIA MONITORING EQUIPMENT MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 104
7.3.3 DIALYSIS EQUIPMENT 104
7.3.3.1 Growing number of renal care centers to drive the demand for corresponding maintenance services 104
FIGURE 33 EUROPE: NUMBER OF DIALYSIS CENTERS, BY COUNTRY/REGION (2019) 105
TABLE 32 EUROPEAN DIALYSIS EQUIPMENT MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 105
7.3.4 INFUSION PUMPS 106
7.3.4.1 Growing adoption of specialty infusion pumps and rental infusion pumps to drive the growth of this market segment 106
TABLE 33 EUROPEAN INFUSION PUMPS MAINTENANCE MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 107
7.3.5 OTHER PATIENT MONITORING & LIFE SUPPORT DEVICES 107
TABLE 34 LEADING VENDORS OFFERING MAINTENANCE SERVICES FOR LIFE SUPPORT DEVICES 108
TABLE 35 EUROPEAN OTHER PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 108
7.4 ENDOSCOPIC DEVICES 109
7.4.1 THE DEMAND FOR AFFORDABLE SERVICES FOR ENDOSCOPIC DEVICES IS INCREASING 109
TABLE 36 LEADING VENDORS OFFERING MAINTENANCE SERVICES FOR ENDOSCOPIC DEVICES 109
TABLE 37 EUROPEAN ENDOSCOPIC DEVICES MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 110
TABLE 38 EUROPEAN ENDOSCOPIC DEVICES MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 110
TABLE 39 EUROPEAN ENDOSCOPIC DEVICES MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 111
TABLE 40 EUROPEAN ENDOSCOPIC DEVICES MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 111
7.5 SURGICAL INSTRUMENTS 112
7.5.1 INCREASING NUMBER OF SURGERIES PERFORMED ACROSS EUROPE IS DRIVING THE GROWTH OF THIS MARKET SEGMENT 112
FIGURE 34 EUROPE: SURGICAL PROCEDURES PER 1,000 POPULATION, BY COUNTRY (2018) 112
TABLE 41 LEADING VENDORS OFFERING MAINTENANCE SERVICES FOR SURGICAL INSTRUMENTS 113
TABLE 42 EUROPEAN SURGICAL INSTRUMENTS MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 113
TABLE 43 EUROPEAN SURGICAL INSTRUMENTS MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 113
TABLE 44 EUROPEAN SURGICAL INSTRUMENTS MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 114
TABLE 45 EUROPEAN SURGICAL INSTRUMENTS MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 114
7.6 OPHTHALMOLOGY EQUIPMENT 115
7.6.1 HIGH EQUIPMENT COSTS DRIVING THE FOCUS ON PREVENTIVE MAINTENANCE AMONG END USERS 115
FIGURE 35 EUROPE: CATARACT SURGERIES PER 1,000 POPULATION, BY COUNTRY (2018) 115
TABLE 46 EUROPEAN OPHTHALMOLOGY EQUIPMENT MAINTENANCE MARKET,
BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 116
TABLE 47 EUROPEAN OPHTHALMOLOGY EQUIPMENT MAINTENANCE MARKET,
BY SERVICE TYPE, 2019–2026 (USD MILLION) 116
TABLE 48 EUROPEAN OPHTHALMOLOGY EQUIPMENT MAINTENANCE MARKET,
BY END USER, 2019–2026 (USD MILLION) 117
TABLE 49 EUROPEAN OPHTHALMOLOGY EQUIPMENT MAINTENANCE MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 117
7.7 MEDICAL LASERS 118
7.7.1 MEDICAL LASERS ARE EXTREMELY FRAGILE AND EXPENSIVE AND THUS REQUIRE PREVENTIVE MAINTENANCE 118
TABLE 50 EUROPEAN MEDICAL LASERS MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 118
TABLE 51 EUROPEAN MEDICAL LASERS MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 119
TABLE 52 EUROPEAN MEDICAL LASERS MAINTENANCE MARKET, BY END USER,
2019–2026 (USD MILLION) 119
TABLE 53 EUROPEAN MEDICAL LASERS MAINTENANCE MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 120
7.8 ELECTROSURGICAL EQUIPMENT 120
7.8.1 GROWING ADOPTION OF SPVATS AND ELECTROSURGERY DEVICES WILL INCREASE THE DEMAND FOR MAINTENANCE SERVICES 120
TABLE 54 EUROPEAN ELECTROSURGICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 121
TABLE 55 EUROPEAN ELECTROSURGICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE TYPE, 2019–2026 (USD MILLION) 121
TABLE 56 EUROPEAN ELECTROSURGICAL EQUIPMENT MAINTENANCE MARKET,
BY END USER, 2019–2026 (USD MILLION) 122
TABLE 57 EUROPEAN ELECTROSURGICAL EQUIPMENT MAINTENANCE MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 122
7.9 RADIOTHERAPY DEVICES 123
7.9.1 STRINGENT REGULATORY GUIDELINES TO SUPPORT THE DEMAND FOR PREVENTIVE MAINTENANCE 123
TABLE 58 EUROPEAN RADIOTHERAPY DEVICES MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 123
TABLE 59 EUROPEAN RADIOTHERAPY DEVICES MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 123
TABLE 60 EUROPEAN RADIOTHERAPY DEVICES MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 124
TABLE 61 EUROPEAN RADIOTHERAPY DEVICES MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 124
7.10 DENTAL EQUIPMENT 125
TABLE 62 EUROPEAN DENTAL EQUIPMENT MAINTENANCE MARKET, BY TYPE,
2019–2026 (USD MILLION) 125
TABLE 63 EUROPEAN DENTAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 125
TABLE 64 EUROPEAN DENTAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 126
TABLE 65 EUROPEAN DENTAL EQUIPMENT MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 126
TABLE 66 EUROPEAN DENTAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 127
7.10.1 DENTAL RADIOLOGY EQUIPMENT 127
7.10.1.1 Technological complexity of dental radiology equipment to drive the demand for maintenance services 127
TABLE 67 EUROPEAN DENTAL RADIOLOGY EQUIPMENT MAINTENANCE MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 128
7.10.2 DENTAL LASER DEVICES 128
7.10.2.1 Sophisticated maintenance workflow offered by service providers to drive the demand for services 128
TABLE 68 EUROPEAN DENTAL LASER DEVICES MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 129
7.10.3 OTHER DENTAL EQUIPMENT 129
TABLE 69 EUROPEAN OTHER DENTAL EQUIPMENT MAINTENANCE MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 130
7.11 LABORATORY EQUIPMENT 130
7.11.1 INCREASED LABORATORY AUTOMATION TO DRIVE THE DEMAND FOR LABORATORY EQUIPMENT MAINTENANCE SERVICES 130
TABLE 70 EUROPEAN LABORATORY EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 131
TABLE 71 EUROPEAN LABORATORY EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 131
TABLE 72 EUROPEAN LABORATORY EQUIPMENT MAINTENANCE MARKET,
BY END USER, 2019–2026 (USD MILLION) 132
TABLE 73 EUROPEAN LABORATORY EQUIPMENT MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 132
7.12 DURABLE MEDICAL EQUIPMENT 133
7.12.1 GROWING AWARENESS ABOUT IN-HOUSE MAINTENANCE SERVICES TO IMPACT THE GROWTH OF THIS MARKET SEGMENT 133
TABLE 74 EUROPEAN DURABLE MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 133
TABLE 75 EUROPEAN DURABLE MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE TYPE, 2019–2026 (USD MILLION) 133
TABLE 76 EUROPEAN DURABLE MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY END USER, 2019–2026 (USD MILLION) 134
TABLE 77 EUROPEAN DURABLE MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 134
8 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE 135
8.1 INTRODUCTION 136
TABLE 78 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 136
8.2 PREVENTIVE MAINTENANCE 136
8.2.1 BENEFITS OF PREVENTIVE MAINTENANCE TO SUPPORT THE GROWTH OF THIS SEGMENT 136
TABLE 79 PREVENTIVE MEDICAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 137
8.3 CORRECTIVE MAINTENANCE 138
8.3.1 ONLINE AVAILABILITY OF MULTI-VENDOR MEDICAL DEVICE SPARE PARTS TO STREAMLINE THE WORKFLOW FOR CORRECTIVE MAINTENANCE 138
TABLE 80 CORRECTIVE MEDICAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 139
8.4 OPERATIONAL MAINTENANCE 139
8.4.1 GROWING AWARENESS OF OPERATIONAL MAINTENANCE AMONG END USERS TO DRIVE THE GROWTH OF THIS MARKET SEGMENT 139
TABLE 81 OPERATIONAL MEDICAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 140
9 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER 141
9.1 INTRODUCTION 142
TABLE 82 COST OF CONTRACTS FROM DIFFERENT TYPES OF SERVICE PROVIDERS 142
TABLE 83 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 143
9.2 MULTI-VENDOR OEMS 143
9.2.1 AVAILABILITY OF 24/7 REMOTE SERVICES DRIVING THE PREFERENCE FOR MULTI-VENDOR OEMS 143
TABLE 84 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR MULTI-VENDOR OEMS, BY COUNTRY, 2019–2026 (USD MILLION) 144
9.3 SINGLE-VENDOR OEMS 144
9.3.1 COMPLEXITY IN MANAGING CONTRACTS TO HINDER THE GROWTH OF THIS MARKET SEGMENT 144
TABLE 85 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR SINGLE-VENDOR OEMS, BY COUNTRY, 2019–2026 (USD MILLION) 145
9.4 INDEPENDENT SERVICE ORGANIZATIONS 145
9.4.1 LOWER COST OF CONTRACTS IS LIKELY TO SUPPORT THE GROWTH OF THIS MARKET SEGMENT 145
TABLE 86 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR ISOS,
BY COUNTRY, 2019–2026 (USD MILLION) 146
9.5 IN-HOUSE MAINTENANCE 146
9.5.1 QUICK RESPONSE TIME FOR BREAKDOWNS IS LIKELY TO SUPPORT THE GROWTH OF THIS MARKET SEGMENT 146
TABLE 87 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR IN-HOUSE MAINTENANCE, BY COUNTRY, 2019–2026 (USD MILLION) 147
10 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER 148
10.1 INTRODUCTION 149
TABLE 88 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 149
10.2 HOSPITALS 149
10.2.1 INCREASING NUMBER OF SURGERIES TO SUPPORT THE GROWTH OF THIS END-USER SEGMENT 149
TABLE 89 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR HOSPITALS, BY COUNTRY, 2019–2026 (USD MILLION) 150
10.3 AMBULATORY SURGICAL CENTERS 150
10.3.1 PATIENTS ARE INCREASINGLY OPTING FOR AMBULATORY SURGICAL CENTERS AS A MORE CONVENIENT ALTERNATIVE TO HOSPITAL-BASED OUTPATIENT PROCEDURES 150
TABLE 90 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR AMBULATORY SURGICAL CENTERS, BY COUNTRY, 2019–2026 (USD MILLION) 151
10.4 DENTAL CLINICS & SPECIALTY CLINICS 151
10.4.1 PREFERENCE FOR SPECIALTY CLINICS IS GROWING OWING TO THEIR GREATER VERSATILITY 151
TABLE 91 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR DENTAL CLINICS & SPECIALTY CLINICS, BY COUNTRY, 2019–2026 (USD MILLION) 152
10.5 DIAGNOSTIC IMAGING CENTERS 152
10.5.1 INCREASING NUMBER OF PRIVATE IMAGING CENTERS IS CONTRIBUTING TO MARKET GROWTH 152
TABLE 92 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR DIAGNOSTIC IMAGING CENTERS, BY COUNTRY, 2019–2026 (USD MILLION) 153
10.6 DIALYSIS CENTERS 153
10.6.1 INCREASING NUMBER OF DIALYSIS CENTERS TO INCREASE THE DEMAND FOR MAINTENANCE SERVICES 153
TABLE 93 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR DIALYSIS CENTERS, BY COUNTRY, 2019–2026 (USD MILLION) 154
10.7 OTHER END USERS 154
TABLE 94 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET FOR OTHER END USERS, BY COUNTRY, 2019–2026 (USD MILLION) 155
11 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET, BY REGION 156
11.1 INTRODUCTION 157
TABLE 95 EUROPE: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 157
11.2 GERMANY 158
11.2.1 GERMANY IS THE LARGEST MARKET FOR MEDICAL EQUIPMENT MAINTENANCE IN EUROPE 158
TABLE 96 GERMANY: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE, 2019–2026 (USD MILLION) 159
TABLE 97 GERMANY: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET,
BY TYPE, 2019–2026 (USD MILLION) 160
TABLE 98 GERMANY: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 160
TABLE 99 GERMANY: DENTAL EQUIPMENT MAINTENANCE MARKET, BY TYPE,
2019–2026 (USD MILLION) 161
TABLE 100 GERMANY: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 161
TABLE 101 GERMANY: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 162
TABLE 102 GERMANY: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 162
11.3 UK 163
11.3.1 UK IS THE SECOND-LARGEST MARKET FOR MEDICAL EQUIPMENT MAINTENANCE IN EUROPE 163
TABLE 103 CONTRACTS BETWEEN THE NHS AND EQUIPMENT MAINTENANCE SERVICE PROVIDERS (2014–2017) 163
TABLE 104 UK: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE,
2019–2026 (USD MILLION) 164
TABLE 105 UK: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 165
TABLE 106 UK: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 165
TABLE 107 UK: DENTAL EQUIPMENT MAINTENANCE MARKET, BY TYPE,
2019–2026 (USD MILLION) 166
TABLE 108 UK: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 166
TABLE 109 UK: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE,
2019–2026 (USD MILLION) 166
TABLE 110 UK: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER,
2019–2026 (USD MILLION) 167
11.4 FRANCE 167
11.4.1 INFLUX OF MULTINATIONAL COMPANIES TO DRIVE THE DEMAND FOR MAINTENANCE SERVICES 167
TABLE 111 FRANCE: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE, 2019–2026 (USD MILLION) 168
TABLE 112 FRANCE: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET,
BY TYPE, 2019–2026 (USD MILLION) 169
TABLE 113 FRANCE: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 169
TABLE 114 FRANCE: DENTAL EQUIPMENT MAINTENANCE MARKET, BY TYPE,
2019–2026 (USD MILLION) 170
TABLE 115 FRANCE: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 170
TABLE 116 FRANCE: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 171
TABLE 117 FRANCE: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 171
11.5 ITALY 172
11.5.1 THE DEMAND FOR EFFECTIVE EQUIPMENT MAINTENANCE SERVICES IS INCREASING IN ITALY 172
TABLE 118 ITALY: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE, 2019–2026 (USD MILLION) 172
TABLE 119 ITALY: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 173
TABLE 120 ITALY: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 173
TABLE 121 ITALY: DENTAL EQUIPMENT MAINTENANCE MARKET, BY TYPE,
2019–2026 (USD MILLION) 174
TABLE 122 ITALY: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 174
TABLE 123 ITALY: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 174
TABLE 124 ITALY: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER,
2019–2026 (USD MILLION) 175
11.6 SPAIN 175
11.6.1 GROWING INVESTMENTS IN NEW TECHNOLOGIES TO FUEL THE DEMAND FOR EQUIPMENT MAINTENANCE 175
TABLE 125 SPAIN: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE, 2019–2026 (USD MILLION) 176
TABLE 126 SPAIN: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 177
TABLE 127 SPAIN: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 177
TABLE 128 SPAIN: DENTAL EQUIPMENT MAINTENANCE MARKET, BY TYPE,
2019–2026 (USD MILLION) 178
TABLE 129 SPAIN: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 178
TABLE 130 SPAIN: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 179
TABLE 131 SPAIN: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER,
2019–2026 (USD MILLION) 179
11.7 POLAND 180
11.7.1 PUBLIC HEALTHCARE FACILITIES IN POLAND HAVE A LARGE INSTALLATION BASE OF IMAGING MODALITIES 180
FIGURE 36 LEADING CAUSES OF DISEASE-RELATED DEATHS IN POLAND (AS OF 2017) 180
TABLE 132 POLAND: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE, 2019–2026 (USD MILLION) 181
TABLE 133 POLAND: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET,
BY TYPE, 2019–2026 (USD MILLION) 182
TABLE 134 POLAND: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 182
TABLE 135 POLAND: DENTAL EQUIPMENT MAINTENANCE MARKET, BY TYPE,
2019–2026 (USD MILLION) 183
TABLE 136 POLAND: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 183
TABLE 137 POLAND: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 184
TABLE 138 POLAND: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 184
 
11.8 AUSTRIA & SWITZERLAND 185
11.8.1 HIGH HEALTHCARE INVESTMENTS TO OFFER OPPORTUNITIES FOR MARKET GROWTH IN THESE COUNTRIES 185
TABLE 139 AUSTRIA & SWITZERLAND: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY DEVICE TYPE, 2019–2026 (USD MILLION) 186
TABLE 140 AUSTRIA & SWITZERLAND: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 187
TABLE 141 AUSTRIA & SWITZERLAND: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 187
TABLE 142 AUSTRIA & SWITZERLAND: DENTAL EQUIPMENT MAINTENANCE MARKET,
BY TYPE, 2019–2026 (USD MILLION) 188
TABLE 143 AUSTRIA & SWITZERLAND: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 188
TABLE 144 AUSTRIA & SWITZERLAND: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE TYPE, 2019–2026 (USD MILLION) 189
TABLE 145 AUSTRIA & SWITZERLAND: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY END USER, 2019–2026 (USD MILLION) 189
11.9 SCANDINAVIAN COUNTRIES 189
11.9.1 GROWING BURDEN ON HEALTHCARE SYSTEMS TO DRIVE THE DEMAND FOR EFFECTIVE MAINTENANCE SERVICES 189
TABLE 146 SCANDINAVIAN COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY DEVICE TYPE, 2019–2026 (USD MILLION) 190
TABLE 147 SCANDINAVIAN COUNTRIES: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 191
TABLE 148 SCANDINAVIAN COUNTRIES: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 191
TABLE 149 SCANDINAVIAN COUNTRIES: DENTAL EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 192
TABLE 150 SCANDINAVIAN COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 192
TABLE 151 SCANDINAVIAN COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY SERVICE TYPE, 2019–2026 (USD MILLION) 193
TABLE 152 SCANDINAVIAN COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET, BY END USER, 2019–2026 (USD MILLION) 193
11.10 BENELUX COUNTRIES 194
11.10.1 HIGH INVESTMENTS IN HEALTHCARE TO DRIVE THE DEMAND FOR VARIOUS MEDICAL EQUIPMENT MAINTENANCE SERVICES IN THESE COUNTRIES 194
TABLE 153 MEDICAL EQUIPMENT DETAILS IN THE NETHERLANDS 194
TABLE 154 BENELUX COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY DEVICE TYPE, 2019–2026 (USD MILLION) 195
TABLE 155 BENELUX COUNTRIES: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 196
TABLE 156 BENELUX COUNTRIES: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 196
TABLE 157 BENELUX COUNTRIES: DENTAL EQUIPMENT MAINTENANCE MARKET,
BY TYPE, 2019–2026 (USD MILLION) 197
TABLE 158 BENELUX COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 197
TABLE 159 BENELUX COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE TYPE, 2019–2026 (USD MILLION) 198
TABLE 160 BENELUX COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY END USER, 2019–2026 (USD MILLION) 198
11.11 BALTIC COUNTRIES 198
11.11.1 MARKET IN BALTIC COUNTRIES IS ESTIMATED TO GROW AT A STEADY RATE DURING THE FORECAST PERIOD 198
TABLE 161 BALTIC COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY DEVICE TYPE, 2019–2026 (USD MILLION) 199
TABLE 162 BALTIC COUNTRIES: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 200
TABLE 163 BALTIC COUNTRIES: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 200
TABLE 164 BALTIC COUNTRIES: DENTAL EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 201
TABLE 165 BALTIC COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 201
TABLE 166 BALTIC COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE TYPE, 2019–2026 (USD MILLION) 202
TABLE 167 BALTIC COUNTRIES: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY END USER, 2019–2026 (USD MILLION) 202
11.12 REST OF EUROPE 203
TABLE 168 REST OF EUROPE: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY DEVICE TYPE, 2019–2026 (USD MILLION) 204
TABLE 169 REST OF EUROPE: DIAGNOSTIC IMAGING EQUIPMENT MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 205
TABLE 170 REST OF EUROPE: PATIENT MONITORING & LIFE SUPPORT DEVICES MAINTENANCE MARKET, BY TYPE, 2019–2026 (USD MILLION) 205
TABLE 171 REST OF EUROPE: DENTAL EQUIPMENT MAINTENANCE MARKET,
BY TYPE, 2019–2026 (USD MILLION) 206
TABLE 172 REST OF EUROPE: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE PROVIDER, 2019–2026 (USD MILLION) 206
TABLE 173 REST OF EUROPE: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY SERVICE TYPE, 2019–2026 (USD MILLION) 207
TABLE 174 REST OF EUROPE: MEDICAL EQUIPMENT MAINTENANCE MARKET,
BY END USER, 2019–2026 (USD MILLION) 207
12 COMPETITIVE LANDSCAPE 208
12.1 OVERVIEW 208
FIGURE 37 KEY DEVELOPMENTS IN THE EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET (2017 TO 2021) 208
12.2 REVENUE SHARE ANALYSIS OF TOP MARKET PLAYERS 209
FIGURE 38 REVENUE SHARE ANALYSIS OF THE TOP PLAYERS IN THE MEDICAL EQUIPMENT MAINTENANCE MARKET 209
12.3 GLOBAL MARKET SHARE ANALYSIS (2020) 209
TABLE 175 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET:
DEGREE OF COMPETITION 210
FIGURE 39 GE HEALTHCARE HELD THE LARGEST SHARE OF THE EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET IN 2020 210
12.4 COMPETITIVE SCENARIO (JANUARY 2017 TO JULY 2021) 211
TABLE 176 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET:
DEALS, JANUARY 2017–JULY 2021 211
TABLE 177 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET:
OTHER DEVELOPMENTS, JANUARY 2017–JULY 2021 212
12.5 COMPANY EVALUATION QUADRANT 212
12.5.1 STARS 212
12.5.2 EMERGING LEADERS 212
12.5.3 PERVASIVE PLAYERS 213
12.5.4 PARTICIPANTS 213
FIGURE 40 EUROPEAN MEDICAL EQUIPMENT MAINTENANCE MARKET:
COMPANY EVALUATION QUADRANT, 2020 213

Lateral Flow Assay Components Market by Type, Application Type (Clinical Testing (Infectious, Cardiac Marker Test) Veterinary, Food Safety), Technique...

Publisher:        MarketsandMarkets

# of Pages:        224

Rating: 

1 User License $4,950

Publication Date:  April, 2022

Price:       $4,950 / User License




1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 CATEGORY-WISE INCLUSIONS AND EXCLUSIONS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 33
1.3 MARKET SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 LATERAL FLOW ASSAY COMPONENTS MARKET SEGMENTATION 34
1.3.2 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY 35
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 35
1.5 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH APPROACH 36
FIGURE 2 RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary sources 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Breakdown of primaries 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 39
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE): BY END USER, DESIGNATION, AND REGION 40
2.2 MARKET SIZE ESTIMATION 40
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2021) 41
FIGURE 6 SUPPLY-SIDE ANALYSIS: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 42
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 44
FIGURE 7 DATA TRIANGULATION METHODOLOGY 45
2.4 KEY INDUSTRY INSIGHTS 46
2.5 LIMITATIONS 46
2.5.1 METHODOLOGY-RELATED LIMITATIONS 46
2.6 RISK ASSESSMENT 47
2.7 ASSUMPTIONS FOR THE STUDY 47
 
3 EXECUTIVE SUMMARY 48
FIGURE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2022 VS. 2027 (USD MILLION) 48
FIGURE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2022 VS. 2027 (USD MILLION) 49
FIGURE 10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 50
FIGURE 11 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2022 VS. 2027 (USD MILLION) 51
FIGURE 12 GEOGRAPHICAL SNAPSHOT OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 52
4 PREMIUM INSIGHTS 53
4.1 LATERAL FLOW ASSAY COMPONENTS MARKET OVERVIEW 53
FIGURE 13 RISING NUMBER OF LOCAL MANUFACTURERS FOR COMPONENTS IS DRIVING THE GROWTH OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 53
4.2 REGIONAL MIX: LATERAL FLOW ASSAY COMPONENTS MARKET 54
FIGURE 14 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 54
4.3 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE AND COUNTRY 55
FIGURE 15 MEMBRANES ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 55
4.4 LATERAL FLOW ASSAY COMPONENTS MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES 56
4.5 LATERAL FLOW ASSAY COMPONENTS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS: IMPACT ANALYSIS 57
5.2.1 DRIVERS 58
5.2.1.1 Growing demand for lateral flow assay kits due
to the COVID-19 pandemic 58
5.2.1.2 Growing usage of home-based lateral flow assay devices 58
5.2.1.3 Growing demand for point-of-care testing 58
5.2.1.4 Increasing public-private investments to develop lateral flow assays 59
5.2.2 RESTRAINTS 59
5.2.2.1 Availability of alternative diagnostic technologies 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Evolving applications of lateral flow assays 59
5.2.4 CHALLENGES 60
5.2.4.1 Requirement of specialized storage and shipping facilities for membranes 60
5.3 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
FIGURE 16 YC–YCC SHIFT IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 61
5.5 AVERAGE SELLING PRICE TREND 61
TABLE 2 AVERAGE SELLING PRICE OF LATERAL FLOW ASSAY COMPONENTS,
BY REGION, 2021 (USD) 61
5.6 ECOSYSTEM MARKET MAP 62
FIGURE 17 ECOSYSTEM: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 62
5.7 PATENT ANALYSIS 63
5.7.1 PATENT PUBLICATION TRENDS FOR LATERAL FLOW ASSAYS 63
FIGURE 18 GLOBAL PATENT PUBLICATION TRENDS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2016–2021 64
5.7.2 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 64
FIGURE 19 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR LATERAL FLOW ASSAYS COMPONENTS, 2016–2021 64
5.8 VALUE CHAIN ANALYSIS 65
5.9 REGULATORY LANDSCAPE 66
TABLE 3 REGULATORY STANDARDS/APPROVALS REQUIRED FOR LATERAL FLOW IMMUNOASSAY PRODUCTS, BY COUNTRY/REGION 66
5.9.1 NORTH AMERICA 66
5.9.2 EUROPE 67
5.9.3 ASIA PACIFIC 67
5.9.3.1 India 67
5.9.3.2 China 67
5.9.3.3 Japan 68
5.10 TECHNOLOGY ANALYSIS 69
5.10.1 KEY TECHNOLOGY: LATERAL FLOW ASSAYS 69
5.11 KEY CONFERENCES & EVENTS DURING 2021–2023 69
TABLE 4 LATERAL FLOW ASSAY COMPONENTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS 69
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 70
5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS 70
FIGURE 20 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
TABLE 5 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
5.12.2 BUYING CRITERIA 71
FIGURE 21 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
TABLE 6 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
5.13 PORTER’S FIVE FORCES ANALYSIS 72
TABLE 7 LATERAL FLOW ASSAY COMPONENTS MARKET:
PORTER’S FIVE FORCES ANALYSIS 72
5.13.1 THREAT FROM NEW ENTRANTS 72
5.13.2 THREAT FROM SUBSTITUTES 72
5.13.3 BARGAINING POWER OF BUYERS 73
5.13.4 BARGAINING POWER OF SUPPLIERS 73
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 73
6 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE 74
6.1 INTRODUCTION 75
TABLE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 75
6.2 MEMBRANES 75
TABLE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE,
2020–2027 (USD MILLION) 76
TABLE 10 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 76
6.2.1 NITROCELLULOSE MEMBRANES 77
6.2.1.1 Advantages of nitrocellulose membranes such as high protein-binding affinity and compatibility with a wide range of detection methods to drive market growth 77
TABLE 11 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES, BY COUNTRY, 2020–2027 (USD MILLION) 77
TABLE 12 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (1 X 1 M SHEETS), BY REGION, 2020–2027 (IN THOUSANDS) 78
TABLE 13 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (20 MM X 1 M ROLLS), BY REGION, 2020–2027 (IN MILLIONS) 78
6.2.2 OTHER MEMBRANES 78
TABLE 14 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 79
6.3 PADS 80
TABLE 15 EXAMPLES OF DIFFERENT MATERIALS USED IN MANUFACTURING LATERAL FLOW ASSAY PADS 80
TABLE 16 LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 80
TABLE 17 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PADS, BY COUNTRY, 2020–2027 (USD MILLION) 81
6.3.1 SAMPLE PADS 81
6.3.1.1 Ability to promote even and controlled distribution of samples to drive market growth 81
TABLE 18 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SAMPLE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3.2 CONJUGATE PADS 82
6.3.2.1 Conjugate pads play an important role in controlling the performance of lateral flow immunoassays 82
TABLE 19 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CONJUGATE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 83
6.3.3 ABSORBENT PADS 84
6.3.3.1 Absorbent pads prevent backflow—a key factor driving market growth 84
TABLE 20 LATERAL FLOW ASSAY COMPONENTS MARKET FOR ABSORBENT PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 OTHER COMPONENTS 84
TABLE 21 OTHER LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 85
7 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION 86
7.1 INTRODUCTION 87
TABLE 22 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 87
7.2 CLINICAL TESTING 87
TABLE 23 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 88
TABLE 24 LATERAL FLOW ASSAYS MARKET FOR CLINICAL TESTING APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 88
7.2.1 INFECTIOUS DISEASE TESTING 89
7.2.1.1 Rising demand for infectious disease testing in emerging markets to drive market growth 89
TABLE 25 LATERAL FLOW ASSAY COMPONENTS MARKET FOR INFECTIOUS DISEASE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 89
7.2.2 PREGNANCY & FERTILITY TESTING 90
7.2.2.1 Growing infertility levels due to changing lifestyles—a key factor driving market growth 90
TABLE 26 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PREGNANCY & FERTILITY TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 90
7.2.3 CARDIAC MARKER TESTING 91
7.2.3.1 Rising prevalence of cardiovascular diseases and growing government support to drive growth in this market segment 91
TABLE 27 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CARDIAC MARKER TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 92
7.2.4 CHOLESTEROL TESTING/LIPID PROFILING 92
7.2.4.1 Growing prevalence of obesity and CVD—
a key factor driving market growth 92
TABLE 28 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CHOLESTEROL TESTING/LIPID PROFILING, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.2.5 DRUGS-OF-ABUSE TESTING 93
7.2.5.1 Technological advancements and a growing focus on workplace
drug testing are driving market growth 93
TABLE 29 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUGS-OF-ABUSE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 94
7.2.6 OTHER CLINICAL TESTING APPLICATIONS 94
TABLE 30 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER CLINICAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 95
7.3 VETERINARY DIAGNOSTICS 95
7.3.1 INFECTIOUS DISEASE OUTBREAKS (PARTICULARLY IN LARGE LIVESTOCK ANIMALS) TO DRIVE MARKET GROWTH 95
TABLE 31 LATERAL FLOW ASSAY COMPONENTS MARKET FOR VETERINARY DIAGNOSTIC APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 96
7.4 FOOD SAFETY & ENVIRONMENTAL TESTING 96
7.4.1 HIGH SENSITIVITY AND EASE OF USE ARE KEY FACTORS DRIVING THE DEMAND FOR LATERAL FLOW ASSAYS FOR FOOD SAFETY TESTING 96
TABLE 32 LATERAL FLOW ASSAY COMPONENTS MARKET FOR FOOD SAFETY & ENVIRONMENTAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 97
7.5 DRUG DEVELOPMENT & QUALITY TESTING 97
7.5.1 INCREASING FOCUS ON PRODUCT SAFETY AND QUALITY ASSURANCE TO DRIVE MARKET GROWTH IN THE COMING YEARS 97
TABLE 33 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUG DEVELOPMENT & QUALITY TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 98
8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE 99
8.1 INTRODUCTION 100
TABLE 34 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 100
8.2 SANDWICH ASSAYS 100
8.2.1 SANDWICH ASSAYS PROVIDE HIGHER LEVELS OF ASSAY SENSITIVITY AND SPECIFICITY THAN OTHER ASSAY TECHNIQUES—A KEY FACTOR DRIVING GROWTH IN THIS MARKET SEGMENT 100
TABLE 35 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SANDWICH ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 101
8.3 COMPETITIVE ASSAYS 101
8.3.1 REDUCED SELECTIVITY AND SENSITIVITY OF COMPETITIVE ASSAYS IN RELATION TO SANDWICH ASSAYS COULD HAMPER MARKET GROWTH 101
TABLE 36 LATERAL FLOW ASSAY COMPONENTS MARKET FOR COMPETITIVE ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 102
8.4 MULTIPLEX DETECTION ASSAYS 102
8.4.1 INCREASING ADOPTION OF MULTI-ANALYTE ASSAYS AMONG CLINICIANS TO DRIVE MARKET GROWTH 102
TABLE 37 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MULTIPLEX DETECTION ASSAYS, BY COUNTRY, 2020–2027 (USD MILLION) 103
9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER 104
9.1 INTRODUCTION 105
TABLE 38 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 105
9.2 MEDICAL DEVICE MANUFACTURING COMPANIES 105
9.2.1 INCREASING USE OF POC TESTS IS DRIVING THE ADOPTION OF LATERAL FLOW ASSAY COMPONENTS AMONG MEDICAL DEVICE MANUFACTURING COMPANIES 105
TABLE 39 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE MANUFACTURING COMPANIES, BY COUNTRY, 2020–2027 (USD MILLION) 106
9.3 MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES 106
9.3.1 GROWING INCLINATION TOWARD FAST AND EARLY DIAGNOSIS, ESPECIALLY IN RELATION TO THE CURRENT COVID-19 SCENARIO, WILL DRIVE MARKET GROWTH 106
TABLE 40 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES, BY COUNTRY,
2020–2027 (USD MILLION) 107
 
10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION 108
10.1 INTRODUCTION 109
FIGURE 22 CHINA TO REGISTER THE HIGHEST GROWTH IN THE LATERAL FLOW ASSAY COMPONENTS MARKET DURING THE FORECAST PERIOD 109
TABLE 41 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 110
10.2 NORTH AMERICA 110
TABLE 42 NORTH AMERICA: MACROECONOMIC INDICATORS 110
FIGURE 23 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 111
TABLE 43 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 44 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 112
TABLE 45 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 112
TABLE 46 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 113
TABLE 47 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 113
TABLE 48 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 114
TABLE 49 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 114
TABLE 50 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 115
10.2.1 US 115
10.2.1.1 Increasing R&D investments and venture capital funding from both large and small firms towards the development of lateral flow assay diagnostics to drive market growth in the US 115
TABLE 51 US: MACROECONOMIC INDICATORS 116
TABLE 52 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 116
TABLE 53 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 116
TABLE 54 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 117
TABLE 55 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 117
TABLE 56 US: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 118
TABLE 57 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 118
TABLE 58 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 119
10.2.2 CANADA 119
10.2.2.1 Lateral flow assay components market in Canada is estimated to grow at a relatively lower rate than the US 119
TABLE 59 CANADA: MACROECONOMIC INDICATORS 119
TABLE 60 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 120
TABLE 61 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 120
TABLE 62 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 120
TABLE 63 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
TABLE 64 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 121
TABLE 65 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 122
TABLE 66 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 122
10.3 EUROPE 122
TABLE 67 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 123
TABLE 68 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 123
TABLE 69 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 123
TABLE 70 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 124
TABLE 71 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 124
TABLE 72 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 73 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 125
TABLE 74 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 126
10.3.1 GERMANY 126
10.3.1.1 Growing demand for POC testing to drive the lateral flow assay components market in Germany 126
TABLE 75 GERMANY: MACROECONOMIC INDICATORS 126
TABLE 76 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 127
TABLE 77 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 127
TABLE 78 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 127
TABLE 79 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 128
TABLE 80 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 128
TABLE 81 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 129
TABLE 82 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 129
10.3.2 FRANCE 129
10.3.2.1 High prevalence of age-related chronic diseases and infectious diseases to drive market growth in France 129
TABLE 83 FRANCE: MACROECONOMIC INDICATORS 130
TABLE 84 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 130
TABLE 85 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 130
TABLE 86 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 131
TABLE 87 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
TABLE 88 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 89 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 132
TABLE 90 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 133
10.3.3 UK 133
10.3.3.1 Severe impact of the second wave of COVID-19 in the first half of 2021 resulted in higher adoption of rapid COVID tests in the UK 133
TABLE 91 UK: MACROECONOMIC INDICATORS 134
TABLE 92 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 134
TABLE 93 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 134
TABLE 94 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 135
TABLE 95 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 96 UK: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 136
TABLE 97 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 136
TABLE 98 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 137
10.3.4 ITALY 137
10.3.4.1 Growing initiatives towards decentralization of medical services in Italy are contributing to the market growth in the country 137
TABLE 99 ITALY: MACROECONOMIC INDICATORS 137
TABLE 100 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 138
TABLE 101 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 138
TABLE 102 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 138
TABLE 103 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 139
TABLE 104 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 139
TABLE 105 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 140
TABLE 106 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 140
10.3.5 SPAIN 140
10.3.5.1 Increasing focus of international organizations and domestic players on the development of POC products in the country to drive market growth 140
TABLE 107 SPAIN: MACROECONOMIC INDICATORS 141
TABLE 108 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 141
TABLE 109 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 142
TABLE 110 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 142
TABLE 111 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 142
TABLE 112 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 143
TABLE 113 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 143
TABLE 114 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 144
10.3.6 REST OF EUROPE 144
TABLE 115 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 144
TABLE 116 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 145
TABLE 117 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 145
TABLE 118 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 145
TABLE 119 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
TABLE 120 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 146
TABLE 121 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 147
10.4 ASIA PACIFIC 147
FIGURE 24 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 148
TABLE 122 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 149
TABLE 123 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 149
TABLE 124 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 149
TABLE 125 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 150
TABLE 126 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 150
TABLE 127 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 151
TABLE 128 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 151
TABLE 129 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 152
10.4.1 CHINA 152
10.4.1.1 Higher exports of lateral flow assay components during the COVID-19 pandemic to drive market growth in the country 152
TABLE 130 CHINA: MACROECONOMIC INDICATORS 153
TABLE 131 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 153
TABLE 132 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 153
TABLE 133 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 154
TABLE 134 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 154
TABLE 135 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 155
TABLE 136 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 155
TABLE 137 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Increasing prevalence of age-related illnesses driving the growth of the lateral flow assay components market in Japan 156
TABLE 138 JAPAN: MACROECONOMIC INDICATORS 157
TABLE 139 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 157
TABLE 140 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 157
TABLE 141 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 158
TABLE 142 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 158
TABLE 143 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
TABLE 144 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 159
TABLE 145 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 160
10.4.3 INDIA 160
10.4.3.1 Increasing number of local manufacturers, growing healthcare concerns, and rising income levels to propel the growth of this market 160
TABLE 146 INDIA: MACROECONOMIC INDICATORS 160
TABLE 147 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 161
TABLE 148 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 161
TABLE 149 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 161
TABLE 150 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 162
TABLE 151 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
TABLE 152 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 163
TABLE 153 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 163
10.4.4 AUSTRALIA 164
10.4.4.1 Increasing prevalence of infectious diseases, especially influenza, to drive the growth of the lateral flow assay components market in Australia 164
TABLE 154 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 164
TABLE 155 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 164
TABLE 156 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 165
TABLE 157 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 165
TABLE 158 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 166
TABLE 159 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 166
TABLE 160 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 167
10.4.5 REST OF ASIA PACIFIC 167
TABLE 161 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 167
TABLE 162 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 168
TABLE 163 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 168
TABLE 164 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 168
TABLE 165 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
TABLE 166 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 169
TABLE 167 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 170
 
10.5 LATIN AMERICA 170
10.5.1 HIGH DEMAND FOR HIV POC DEVICES IN THE REGION TO SUPPORT THE GROWTH OF THE MARKET 170
TABLE 168 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 171
TABLE 169 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 171
TABLE 170 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD
TYPE, 2020–2027 (USD MILLION) 171
TABLE 171 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 172
TABLE 172 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 172
TABLE 173 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 173
TABLE 174 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 173
10.6 MIDDLE EAST & AFRICA 173
10.6.1 SIGNIFICANT SUPPORT FROM GOVERNMENTS AND GLOBAL FIRMS TOWARDS EXPANDING HEALTHCARE SERVICES DRIVES THE ADOPTION OF LATERAL FLOW ASSAYS 173
TABLE 175 MIDDLE EAST & AFRICA: MACROECONOMIC INDICATORS 174
TABLE 176 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TYPE, 2020–2027 (USD MILLION) 174
TABLE 177 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 175
TABLE 178 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 175
TABLE 179 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 175
TABLE 180 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 176
TABLE 181 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 176
TABLE 182 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 177
11 COMPETITIVE LANDSCAPE 178
11.1 OVERVIEW 178
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 178
FIGURE 25 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
11.3 REVENUE SHARE ANALYSIS FOR KEY PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
FIGURE 26 REVENUE SHARE ANALYSIS FOR THE KEY PLAYERS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 180
11.4 MARKET SHARE ANALYSIS 180
FIGURE 27 LATERAL FLOW ASSAY COMPONENTS MARKET SHARE ANALYSIS, BY KEY PLAYER (2021) 181
TABLE 183 LATERAL FLOW ASSAY COMPONENTS MARKET: DEGREE OF COMPETITION 182
11.5 R&D ASSESSMENT OF KEY PLAYERS 183
FIGURE 28 R&D EXPENDITURE: MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2018 VS. 2020 183
11.6 GEOGRAPHIC REVENUE ASSESSMENT OF KEY PLAYERS 183
FIGURE 29 GEOGRAPHIC REVENUE ASSESSMENT: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 184
11.7 COMPANY EVALUATION QUADRANT 184
11.7.1 STARS 184
11.7.2 PERVASIVE PLAYERS 184
11.7.3 EMERGING LEADERS 185
11.7.4 PARTICIPANTS 185
FIGURE 30 LATERAL FLOW ASSAY COMPONENTS MARKET: COMPANY EVALUATION MATRIX, 2021 185
11.8 COMPETITIVE BENCHMARKING 186
11.8.1 OVERALL COMPANY FOOTPRINT 186
TABLE 184 OVERALL COMPANY FOOTPRINT (17 COMPANIES) 186
TABLE 185 COMPANY FOOTPRINT: BY TYPE (17 COMPANIES) 187
TABLE 186 COMPANY FOOTPRINT: BY REGION (17 COMPANIES) 188
11.9 COMPETITIVE SCENARIO 188
11.9.1 DEALS 189
TABLE 187 DEALS, JANUARY 2019–FEBRUARY 2022 189
11.9.2 OTHER DEVELOPMENTS 189
TABLE 188 OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2022 189
12 COMPANY PROFILES 190
12.1 KEY PLAYERS 190
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 DANAHER CORPORATION (PALL CORPORATION AND CYTIVA LIFE SCIENCE) 190
TABLE 189 DANAHER CORPORATION: BUSINESS OVERVIEW 190
FIGURE 31 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 191
12.1.2 SARTORIUS STEDIM BIOTECH 195
TABLE 190 SARTORIUS STEDIM BIOTECH: BUSINESS OVERVIEW 195
12.1.3 MERCK KGAA 199
TABLE 191 MERCK KGAA: BUSINESS OVERVIEW 199
FIGURE 33 MERCK KGAA: COMPANY SNAPSHOT (2020) 200
12.1.4 AHLSTROM-MUNKSJÖ 204
TABLE 192 AHLSTROM-MUNKSJÖ: BUSINESS OVERVIEW 204
FIGURE 34 AHLSTROM-MUNKSJÖ: COMPANY SNAPSHOT (2020) 205
12.1.5 ADVANCED MICRODEVICES PVT. LTD. 208
TABLE 193 ADVANCED MICRODEVICES PVT. LTD.: BUSINESS OVERVIEW 208
12.1.6 DCN DIAGNOSTICS 210
TABLE 194 DCN DIAGNOSTICS: BUSINESS OVERVIEW 210
12.2 OTHER PLAYERS 211
12.2.1 FORTIS LIFE SCIENCES 211
TABLE 195 FORTIS LIFE SCIENCES: BUSINESS OVERVIEW 211
12.2.2 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD 212
TABLE 196 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD.:
BUSINESS OVERVIEW 212
12.2.3 AXIVA SICHEM BIOTECH 214
TABLE 197 AXIVA SICHEM BIOTECH: BUSINESS OVERVIEW 214
12.2.4 NUPORE FILTRATION SYSTEM 216
TABLE 198 NUPORE FILTRATION SYSTEM: BUSINESS OVERVIEW 216
12.2.5 BALLYA BIO 217
TABLE 199 BALLYA BIO: BUSINESS OVERVIEW 217
12.2.6 RUNBIO BIOTECH CO. LTD. 219
TABLE 200 RUNBIO BIOTECH CO. LTD.: BUSINESS OVERVIEW 219
12.2.7 NEENAH GESSNER 220
TABLE 201 NEENAH GESSNER: BUSINESS OVERVIEW 220
12.2.8 MAXIM BIOMEDICAL 221
TABLE 202 MAXIM BIOMEDICAL: BUSINESS OVERVIEW 221
12.2.9 CYTODIAGNOSTICS 222
TABLE 203 CYTODIAGNOSTICS: BUSINESS OVERVIEW 222
12.2.10 SENOVA GMBH 223
TABLE 204 SENOVA GMBH: BUSINESS OVERVIEW 223
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 224
13.1 DISCUSSION GUIDE 224
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
13.3 AVAILABLE CUSTOMIZATIONS 231
13.4 RELATED REPORTS 231
13.5 AUTHOR DETAILS 232

US Healthcare Environmental Services Market by Type (Janitorial/Core-Cleaning, Infection Control & Prevention, Front-of-house cleaning & Brand Experie...

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1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION & SCOPE 15
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 16
1.2.2 MARKET SEGMENTATION 16
FIGURE 1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET SEGMENTATION 16
1.2.3 YEARS CONSIDERED FOR THE STUDY 17
1.3 CURRENCY 17
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 17
1.4 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH APPROACH 19
FIGURE 2 RESEARCH DESIGN 19
2.1.1 SECONDARY RESEARCH 20
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY RESEARCH 21
FIGURE 3 PRIMARY SOURCES 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 Insights from primary experts 23
2.1.2.3 Breakdown of primary interviews 24
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE (SUPPLY & DEMAND SIDE) AND DESIGNATION 24
2.2 MARKET SIZE ESTIMATION 25
FIGURE 5 MARKET SIZE APPROACH – REVENUE SHARE ANALYSIS 25
FIGURE 6 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 26
FIGURE 7 DEMAND-SIDE APPROACH 28
2.3 DATA TRIANGULATION 29
FIGURE 8 DATA TRIANGULATION METHODOLOGY 29
2.4 MARKET RANKING ANALYSIS 30
2.5 ASSUMPTIONS FOR THE STUDY 30
2.6 LIMITATIONS 31
2.6.1 METHODOLOGY-RELATED LIMITATIONS 31
2.6.2 SCOPE-RELATED LIMITATIONS 31
2.7 RISK ASSESSMENT 31
TABLE 2 RISK ASSESSMENT: US HEALTHCARE ENVIRONMENTAL SERVICES MARKET 31
 
3 EXECUTIVE SUMMARY 32
FIGURE 9 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2021 VS. 2026 (USD MILLION) 32
FIGURE 10 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET,
BY FACILITY TYPE, 2021 VS. 2026 (USD MILLION) 33
4 PREMIUM INSIGHTS 34
4.1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET OVERVIEW 34
FIGURE 11 STRINGENT REGULATORY GUIDELINES ON INFECTION CONTROL & PREVENTION METHODS IS A KEY FACTOR DRIVING THE MARKET GROWTH 34
4.2 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE AND FACILITY TYPE 35
FIGURE 12 JANITORIAL/CORE-CLEANING SERVICES ACCOUNTED FOR THE LARGEST SHARE OF THE US HEALTHCARE ENVIRONMENTAL SERVICES
MARKET IN 2020 35
4.3 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE (2021–2026) 36
FIGURE 13 ACUTE CARE FACILITIES TO DOMINATE THE US HEALTHCARE ENVIRONMENTAL SERVICES MARKET DURING THE FORECAST PERIOD 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 37
5.2 MARKET DYNAMICS 37
TABLE 3 MARKET DYNAMICS: HEALTHCARE ENVIRONMENTAL SERVICES MARKET 37
5.2.1 MARKET DRIVERS 38
5.2.1.1 Increasing prevalence of Hospital-acquired infections (HAIs) 38
5.2.1.2 Rising number of hospital admissions and surgeries 39
TABLE 4 US: PERCENTAGE INCREASE IN THE NUMBER OF SURGERIES PERFORMED 39
FIGURE 14 TOTAL ADMISSIONS IN ALL US HOSPITALS 40
FIGURE 15 TOTAL NUMBER OF HOSPITALS IN THE US 40
5.2.1.3 Shortage of in-house expertise and the rising need to reduce healthcare costs 41
5.2.1.4 Increasing outsourcing of cleaning services 41
5.2.2 MARKET RESTRAINTS 41
5.2.2.1 Healthcare facilities with an in-house EVS department 41
5.2.3 MARKET OPPORTUNITIES 42
5.2.3.1 Sustained acquisitions among strategic & financial buyers 42
TABLE 5 COMPANY ACQUISITIONS 42
5.2.4 MARKET CHALLENGES 42
5.2.4.1 Noncompliance with cleaning standards by EVS providers 42
5.3 INDUSTRY TRENDS 43
5.3.1 EMERGENCE OF NEW SURFACE DISINFECTANTS &
GREEN CLEANING PRODUCTS 43
5.3.2 DISINFECTION ROBOTS 44
5.3.3 MONITORING TOOLS FOR CLEANING QUALITY ASSESSMENT 44
5.4 TECHNOLOGY ANALYSIS 45
TABLE 6 TECHNOLOGY INNOVATION IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 45
5.5 PATENT ANALYSIS 45
5.5.1 PATENT PUBLICATION TRENDS FOR HEALTHCARE ENVIRONMENTAL SERVICES 46
FIGURE 16 PATENT PUBLICATION TRENDS (JANUARY 2011–DECEMBER 2021) 46
5.5.2 JURISDICTION AND TOP APPLICANT ANALYSIS 47
FIGURE 17 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 47
FIGURE 18 TOP APPLICANT COUNTRIES/REGIONS FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 48
TABLE 7 LIST OF PATENTS/PATENT APPLICATIONS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET, 2020–2021 48
5.6 IMPACT OF COVID-19 ON THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 50
6 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE 51
6.1 INTRODUCTION 52
TABLE 8 US: HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 52
6.2 JANITORIAL SERVICES/CORE-CLEANING SERVICES 52
6.2.1 MANDATORY REGULAR CLEANING AND DISINFECTION OF HEALTHCARE FACILITIES TO DRIVE THE MARKET GROWTH 52
6.3 INFECTION PREVENTION & CONTROL SERVICES 53
TABLE 9 US: INFECTION PREVENTION & CONTROL SERVICE MARKET, BY TYPE,
2019–2026 (USD MILLION) 53
6.3.1 SPECIALIZED CLEANING SERVICES 53
6.3.1.1 Rising adoption of specialized services to reduce HAIs to drive the market growth 53
6.3.2 INFECTION PREVENTION & CONTROL CONSULTATION SERVICES 53
6.3.2.1 The provision of customized environmental services specific
to a healthcare facility ensures market demand 53
6.4 ENHANCED CLEANING TECHNOLOGY 54
6.4.1 RISING DEMAND FOR ADVANCED CLEANING SOLUTIONS TO DRIVE THE SEGMENT GROWTH 54
TABLE 10 EXAMPLES OF COMPANIES PROVIDING TECHNOLOGY & INNOVATION IN HEALTHCARE EVS 54
6.5 FRONT-OF-HOUSE CLEANING AND BRAND EXPERIENCE 56
6.5.1 RISING AWARENESS TOWARDS A CLEAN AND SAFE ENVIRONMENT DURING PANDEMICS TO SUSTAIN THE MARKET GROWTH 56
6.6 OTHER SERVICES 56
 
7 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE 57
7.1 INTRODUCTION 58
FIGURE 19 STATES WITH THE HIGHEST NUMBER OF COVID-19 ADMISSIONS
(FEBRUARY 2022) 58
TABLE 11 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE, 2019–2026 (USD MILLION) 59
7.2 ACUTE-CARE FACILITIES 59
TABLE 12 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR ACUTE-CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 59
7.2.1 ACUTE HOSPITALS 60
7.2.1.1 Increasing hospital admissions due to COVID-19 and the rising prevalence of HAIs propel the market growth 60
FIGURE 20 NUMBER OF HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS
IN THE US (2020) 60
FIGURE 21 HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS IN THE US (2020) 61
FIGURE 22 HAIS REPORTED BY CRITICAL ACCESS HOSPITALS (CAHS) IN THE US (2018) 61
7.2.2 MILITARY TREATMENT FACILITY 61
7.2.2.1 The increasing number of military ambulatory health services & funding to drive the market growth 61
FIGURE 23 MILITARY HEALTH SYSTEMS FACILITIES IN THE US (2021) 62
7.2.3 CHILDREN’S HOSPITALS 62
7.2.3.1 Rising cases of COVID-19 and infection-related mortality rates among children drive the market growth 62
7.2.4 AMBULATORY SURGERY CENTERS (ASCS) 63
7.2.4.1 ASCs save time and reduce the risk of HAIS; key factor driving the market growth 63
FIGURE 24 US SURGERY CASES BY SETTING: ASC VS. HOPD (2005-2020) 64
7.2.5 ACADEMIC MEDICAL CENTERS (AMCS) 64
7.2.5.1 Healthcare capacity expansion during COVID-19 drives the adoption of healthcare environmental services in AMCs 64
7.3 POST-ACUTE CARE FACILITIES 64
TABLE 13 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR POST-ACUTE CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 65
7.3.1 LONG-TERM ACUTE HOSPITALS (LTACH) 65
7.3.1.1 Increasing risk of infection due to prolonged hospital stays to drive the market growth 65
7.3.2 SKILLED NURSING FACILITIES (SNF) 66
7.3.2.1 Increasing admissions of elderly people in skilled nursing facilities to drive the market growth 66
7.3.3 OTHER POST-ACUTE CARE FACILITIES 66
7.4 NON-ACUTE CARE FACILITIES 67
TABLE 14 US: ENVIRONMENTAL SERVICES MARKET FOR NON-ACUTE CARE SETTINGS, BY TYPE, 2019–2026 (USD MILLION) 67
7.4.1 PHYSICIAN’S OFFICES AND CLINICS 67
7.4.1.1 High patient traffic leads to continuous cleaning & maintenance to drive the market growth 67
7.4.2 OTHER NON-ACUTE CARE FACILITIES 68
FIGURE 25 DISTRIBUTION OF INDUSTRY MEDICAL AND HEALTH R&D INVESTMENTS,
BY SEGMENT (2020) 68
8 COMPETITIVE LANDSCAPE 70
8.1 OVERVIEW 70
8.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 70
8.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 71
8.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 72
8.4 MARKET RANKING ANALYSIS 73
FIGURE 27 US HEALTHCARE ENVIRONMENTAL SERVICE MARKET RANKING,
BY KEY PLAYER, 2020 73
8.5 COMPETITIVE BENCHMARKING 75
TABLE 15 FOOTPRINT OF COMPANIES IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 75
TABLE 16 SERVICE FOOTPRINT OF COMPANIES 76
TABLE 17 END-USER FOOTPRINT OF COMPANIES 77
8.6 COMPETITIVE LEADERSHIP MAPPING 77
8.6.1 STARS 78
8.6.2 EMERGING LEADERS 78
8.6.3 PERVASIVE PLAYERS 78
8.6.4 PARTICIPANTS 78
FIGURE 28 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET:
COMPETITIVE LEADERSHIP MAPPING (2021) 79
8.7 COMPETITIVE SCENARIO 80
8.7.1 SERVICE APPROVALS/ENHANCEMENTS 80
8.7.2 DEALS 81
TABLE 19 DEALS, 2018–2022 81
8.7.3 OTHER DEVELOPMENTS 82
9 COMPANY PROFILES 83
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
9.1 SODEXO GLOBAL 83
TABLE 21 SODEXO GLOBAL: BUSINESS OVERVIEW 83
FIGURE 29 SODEXO GLOBAL: COMPANY SNAPSHOT (2021) 84
9.2 COMPASS GROUP (CROTHALL HEALTHCARE (US)) 87
TABLE 22 COMPASS GROUP: BUSINESS OVERVIEW 87
FIGURE 30 COMPASS GROUP: COMPANY SNAPSHOT (2021) 88
 
9.3 ARAMARK CORPORATION 90
TABLE 23 ARAMARK CORPORATION: BUSINESS OVERVIEW 90
FIGURE 31 ARAMARK CORPORATION: COMPANY SNAPSHOT (2021) 91
9.4 HOSPITAL HOUSEKEEPING SYSTEMS (HHS) (US) 94
TABLE 24 HOSPITAL HOUSEKEEPING SYSTEMS (HHS): BUSINESS OVERVIEW 94
9.5 HEALTHCARE SERVICES GROUP, INC. 97
TABLE 25 HEALTHCARE SERVICES GROUP, INC.: BUSINESS OVERVIEW 97
FIGURE 32 HEALTHCARE SERVICES GROUP: COMPANY SNAPSHOT (2020) 98
9.6 ABM INDUSTRIES INCORPORATED 100
TABLE 26 ABM INDUSTRIES INCORPORATED: BUSINESS OVERVIEW 100
FIGURE 33 ABM INDUSTRIES INCORPORATED: COMPANY SNAPSHOT (2020) 101
9.7 OCTOCLEAN 103
TABLE 27 OCTOCLEAN: BUSINESS OVERVIEW 103
9.8 SERVICEMASTER CLEAN (SERVICEMASTER TBS) 105
TABLE 28 SERVICEMASTER CLEAN.: BUSINESS OVERVIEW 105
9.9 CORVUS JANITORIAL SYSTEMS 107
TABLE 29 CORVUS JANITORIAL SYSTEMS: BUSINESS OVERVIEW 107
9.10 BRAVO! BUILDING SERVICES 109
TABLE 30 BRAVO! BUILDING SERVICES: BUSINESS OVERVIEW 109
9.11 POWERLINK ENVIRONMENTAL SERVICES, LLC 111
TABLE 31 POWERLINK ENVIRONMENTAL SERVICES, LLC: BUSINESS OVERVIEW 111
9.12 JANI-KING INTERNATIONAL, INC. 112
TABLE 32 JANI- KING INTERNATIONAL, INC: BUSINESS OVERVIEW 112
9.13 AVI FOOD SYSTEMS(US) 114
TABLE 33 AVI FOOD SYTEMS, INC.: BUSINESS OVERVIEW 114
9.14 SERVICON 115
TABLE 34 SERVICON: BUSINESS OVERVIEW 115
9.15 XANITOS, INC. 117
TABLE 35 XANITOS, INC.: BUSINESS OVERVIEW 117
9.16 STATHAKIS 119
TABLE 36 STATHAKIS: BUSINESS OVERVIEW 119
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
10 APPENDIX 120
10.1 INSIGHTS FROM INDUSTRY EXPERTS 120
10.2 DISCUSSION GUIDE 121
10.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 124
10.4 AVAILABLE CUSTOMIZATIONS 126
10.5 RELATED REPORTS 126
10.6 AUTHOR DETAILS 127