Global Medical Equipment Calibration Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Equipment;

Fetal Monitors, Imaging Equipment, Vital Signs Monitors, Infusion Pumps, Cardiovascular Monitors, and Ventilators.

By Service;

In-House Calibration Services, Third-Party Calibration Services, and OEM Calibration Services.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn128498809 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Medical Equipment Calibration Services Market (USD Million), 2021 - 2031

In the year 2024, the Global Medical Equipment Calibration Services Market was valued at USD 1,385.86 million. The size of this market is expected to increase to USD 2,453.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.5%.

The Global Medical Equipment Calibration Services Market is experiencing significant growth, driven by the increasing demand for accurate and reliable medical devices across the healthcare sector. Calibration services ensure that medical equipment meets the required regulatory standards, such as those set by ISO, FDA, and CE, which are essential for maintaining high-quality patient care and safety. These services cover a wide range of medical devices, including diagnostic equipment, imaging systems, laboratory instruments, and therapeutic devices. With the rapid advancement of medical technology, calibration services have become a critical part of the healthcare industry's efforts to ensure that equipment operates efficiently and within the specified tolerances.

North America dominates the global medical equipment calibration services market, primarily due to its well-established healthcare infrastructure and stringent regulatory environment. The United States, in particular, is a key market, as healthcare facilities and medical device manufacturers need to comply with strict standards set by organizations like the FDA. These regulatory requirements drive the demand for calibration services to ensure that medical equipment is accurate, safe, and fully operational. In addition, the growing focus on patient safety and the increasing number of diagnostic and imaging devices further contributes to the need for regular calibration services.

In contrast, the Asia-Pacific region is witnessing rapid growth in the medical equipment calibration services market, fueled by expanding healthcare infrastructure, especially in emerging economies such as China, India, and Japan. The rising demand for healthcare services and the increasing number of medical device installations in these countries are creating opportunities for calibration service providers. As the adoption of advanced medical technologies increases, the need for accurate calibration to ensure optimal device performance becomes even more crucial. Similarly, regions like Europe and Latin America also contribute to the market's growth, with Europe focusing on regulatory compliance and Latin America experiencing an increase in healthcare investments that boost demand for calibration services.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment
    2. Market Snapshot, By Service
    3. Market Snapshot, By Region
  4. Global Medical Equipment Calibration Services Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements in Calibration Equipment
        2. Increasing Stringency of Regulatory Standards
        3. Growing Demand for Precision in Healthcare Delivery
      2. Restraints
        1. High Initial Investment Costs
        2. Lack of Skilled Personnel for Calibration
        3. Regulatory Compliance Challenges Across Borders
      3. Opportunities
        1. Emerging Markets in Developing Countries
        2. Integration of AI and IoT in Calibration Processes
        3. Expansion of Calibration Services to Non-Medical Sectors
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Medical Equipment Calibration Services Market, By Equipment, 2021 - 2031 (USD Million)
      1. Fetal Monitors
      2. Imaging Equipment
      3. Vital Signs Monitors
      4. Infusion Pumps
      5. Cardiovascular Monitors
      6. Ventilators
    2. Global Medical Equipment Calibration Services Market, By Service, 2021 - 2031 (USD Million)
      1. In-House Calibration Services
      2. Third-Party Calibration Services
      3. OEM Calibration Services
    3. Global Medical Equipment Calibration Services Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Medserve Ltd.
      2. NS Medical Systems
      3. TAG Medical
      4. Tektronix
      5. Transcat.
  7. Analyst Views
  8. Future Outlook of the Market