Data Bridge Market Research analyses that the medical equipment calibration services market to growing at a CAGR of 9.90% in the forecast period of 2022-2029. The process of medical equipment calibration ensures that the output of medical devices meets industry standards. Calibration compares a reference measurement with a measurement made using a medical instrument. The standard organization accepts a 3:1 accuracy ratio. Medical gadgets with regular calibration and quality assurance have a longer life and are more functional. Medical instruments' performance efficiency and accuracy are affected by wear and tear.
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The medical equipment calibration services market is driven by the demand for refurbished medical equipment, stringent regulations, and market strategies, such as total annual calibration service subscriptions, provided by service providers. Increased awareness regarding preventative medical equipment maintenance, as well as advancements in the medical device business and stricter laws governing device calibration. The rising demand for refurbished medical equipment and rising corporate investments in healthcare infrastructure will create ample opportunities for the medical equipment calibration services market.
The global medical device calibration market is expected to be driven by advancements in 3D printing technology, the availability of tissue mimicking 3D phantoms, skilled market strategies such as overall annual calibration service subscription provided by service provider, and the availability of cheap labour.
North America dominates the medical equipment calibration services market due to the increasing number of medical devices. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2022 to 2029 because of the stringent regulatory regulations and growing public awareness regarding the quality of services given in hospitals and laboratories.
Some of the major players operating in the medical equipment calibration services market report are Tektronix, Fluke Biomedical, Biomedical Technologies, Inc., NS Medical Systems, Transcat, Inc., JM Test Systems, Agilent Technologies, Inc., Thermo Fisher Scientific Inc., JPen Medical, TAG Medical, BD, Bio-Rad Laboratories, Inc, Hospicare Equipment Services Corp., and Industrial Calibration and Service Company, among others.
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