Market Overview:
The global managed equipment service (MES) market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for MES from hospitals and healthcare organizations, and the growing trend of outsourcing services by these organizations. In addition, the increasing adoption of MES by small- and medium-sized enterprises (SMEs) is also contributing to the growth of this market. The global managed equipment service (MES) market can be segmented on the basis of type into single-vendor service and multi-vendor service. On the basis of application, this market can be segmented into hospitals, healthcare organizations, and others. Geographically, this market can be segmented into North America, Latin America, Europe Asia Pacific ,and Middle East & Africa .
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Product Definition:
The usage of MES is to manage the equipment in an organization. This can include anything from computers and printers to manufacturing equipment. MES can help optimize performance, ensure compliance with regulations, and improve safety.
Single-vendor Service:
Single-vendor service is a term used to define the situation where there is only one vendor providing equipment/services for maintenance, repair, and operations (MR&O) functions in an organization. The single-vendor model has been gaining traction over the last decade as organizations have become more focused on reducing costs while increasing operational efficiency.
The primary drivers of this market are cost savings and increased operational efficiency that can be achieved by implementing a single vendor approach.
Multi-vendor Service:
Multi-vendor service is a type of service where the vendor can provide services to more than one customer. It helps in reducing costs and improving flexibility for customers. In managed equipment services, multi-vendor functionality is used to improve scalability and flexibility for the vendors.
The major use of this technology is that it allows vendors to offer different products such as maintenance contracts, support contracts, training & consulting services etc.
Application Insights:
Based on application, the global MES market has been segmented into hospitals, healthcare organizations and others. The hospitals segment dominated the market in 2017 owing to factors such as rising demand for efficient equipment management solutions that help reduce costs and improve operational efficiency. Furthermore, an increasing number of hospital construction projects is expected to drive the growth of this segment over the forecast period.
The healthcare organization¢â‚¬â„¢s managed equipment service includes a wide range of services offered by various vendors across different regions with respect to hardware & software installation/updates, system diagnostics & repairs and customer support for a managed system or network. These services are provided directly from within an organization or through partners/service providers who have direct access to systems within an organization¢â‚¬â„¢s network (intranet).
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of major players, such as Honeywell International Inc.; Siemens AG; and Johnson Controls Inc. In addition, increasing demand for advanced healthcare solutions is expected to drive regional market growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and rising awareness about advanced MES products & services among hospitals & other healthcare organizations in this region. Furthermore, favorable government initiatives are also expected to boost regional market development during the forecast period. For instance, according to a white paper published by World Bank Group on April 15th 2018 titled “Healthcare Financing Initiative†(HFI), it was estimated that around USD X billion would be required for upgrading health systems in developing countries from 2014 through 2020 under HFI support programs including PFS1&2 and PHF+.
Growth Factors:
- Increasing demand for MES from the manufacturing sector as they look to improve operational efficiency and reduce costs.
- The increasing trend of outsourcing by organizations, which is driving the demand for MES services.
- Rapid technological advancements in the industrial automation space that are resulting in increased adoption of MES solutions.
- Growing need to comply with regulatory norms and standards across various industries, which is leading organizations to adopt MES solutions for better compliance management .
Scope Of The Report
Report Attributes
Report Details
Report Title
Managed Equipment Service (MES) Market Research Report
By Type
Single-vendor Service, Multi-vendor Service
By Application
Hospitals, Healthcare Organizations, Others
By Companies
Siemens Healthineers, GE Healthcare, Philips Healthcare, Medipass Healthcare, Althea Group, Canon Medical, Healthcare Technologies International (HTI), Medecon Healthcare, BCAS Biomed, MES Group, iDAE (Beijing) MedTech, NATEX Measurement Solutions
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Managed Equipment Service (MES) Market Report Segments:
The global Managed Equipment Service (MES) market is segmented on the basis of:
Types
Single-vendor Service, Multi-vendor Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Healthcare Organizations, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens Healthineers
- GE Healthcare
- Philips Healthcare
- Medipass Healthcare
- Althea Group
- Canon Medical
- Healthcare Technologies International (HTI)
- Medecon Healthcare
- BCAS Biomed
- MES Group
- iDAE (Beijing) MedTech
- NATEX Measurement Solutions
 Market Overview.svg)
Highlights of The Managed Equipment Service (MES) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-vendor Service
- Multi-vendor Service
- By Application:
- Hospitals
- Healthcare Organizations
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Managed Equipment Service (MES) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
MES is a service that helps organizations manage their equipment and software. MES providers can help you with everything from setting up and managing your IT infrastructure to providing support for your software applications.
Some of the major companies in the managed equipment service (mes) market are Siemens Healthineers, GE Healthcare, Philips Healthcare, Medipass Healthcare, Althea Group, Canon Medical, Healthcare Technologies International (HTI), Medecon Healthcare, BCAS Biomed, MES Group, iDAE (Beijing) MedTech, NATEX Measurement Solutions.
The managed equipment service (mes) market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Managed Equipment Service (MES) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Managed Equipment Service (MES) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Managed Equipment Service (MES) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Managed Equipment Service (MES) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Managed Equipment Service (MES) Market Size & Forecast, 2018-2028
4.5.1 Managed Equipment Service (MES) Market Size and Y-o-Y Growth
4.5.2 Managed Equipment Service (MES) Market Absolute $ Opportunity
Chapter 5 Global Managed Equipment Service (MES) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Managed Equipment Service (MES) Market Size Forecast by Type
5.2.1 Single-vendor Service
5.2.2 Multi-vendor Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Managed Equipment Service (MES) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Managed Equipment Service (MES) Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Healthcare Organizations
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Managed Equipment Service (MES) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Managed Equipment Service (MES) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Managed Equipment Service (MES) Analysis and Forecast
9.1 Introduction
9.2 North America Managed Equipment Service (MES) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Managed Equipment Service (MES) Market Size Forecast by Type
9.6.1 Single-vendor Service
9.6.2 Multi-vendor Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Managed Equipment Service (MES) Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Healthcare Organizations
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Managed Equipment Service (MES) Analysis and Forecast
10.1 Introduction
10.2 Europe Managed Equipment Service (MES) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Managed Equipment Service (MES) Market Size Forecast by Type
10.6.1 Single-vendor Service
10.6.2 Multi-vendor Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Managed Equipment Service (MES) Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Healthcare Organizations
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Managed Equipment Service (MES) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Managed Equipment Service (MES) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Managed Equipment Service (MES) Market Size Forecast by Type
11.6.1 Single-vendor Service
11.6.2 Multi-vendor Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Managed Equipment Service (MES) Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Healthcare Organizations
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Managed Equipment Service (MES) Analysis and Forecast
12.1 Introduction
12.2 Latin America Managed Equipment Service (MES) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Managed Equipment Service (MES) Market Size Forecast by Type
12.6.1 Single-vendor Service
12.6.2 Multi-vendor Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Managed Equipment Service (MES) Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Healthcare Organizations
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Managed Equipment Service (MES) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Managed Equipment Service (MES) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Managed Equipment Service (MES) Market Size Forecast by Type
13.6.1 Single-vendor Service
13.6.2 Multi-vendor Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Managed Equipment Service (MES) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Healthcare Organizations
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Managed Equipment Service (MES) Market: Competitive Dashboard
14.2 Global Managed Equipment Service (MES) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens Healthineers
14.3.2 GE Healthcare
14.3.3 Philips Healthcare
14.3.4 Medipass Healthcare
14.3.5 Althea Group
14.3.6 Canon Medical
14.3.7 Healthcare Technologies International (HTI)
14.3.8 Medecon Healthcare
14.3.9 BCAS Biomed
14.3.10 MES Group
14.3.11 iDAE (Beijing) MedTech
14.3.12 NATEX Measurement Solutions
