Transparency Market Research Report Added “ Medical Equipment Calibration Services
Market (By Equipment Types: Cardiovascular Monitors, Fetal Monitors, Imaging Equipment, Vital Sign Monitor, Infusion Pumps, Ventilators and Others; By Types of Services: In-House, Third Party Vendor, OEM Calibration Services) " to its database.
Medical Equipment Calibration Services Market: Description Calibration is defined as an operation that, under specified conditions, performs two steps. In the first step, it establishes a relation between the quantity values with measurement uncertainties provided by measurement standards and corresponding indications with associated measurement uncertainties (of the calibrated instrument or secondary standard). In the second step, it uses this information to establish a relation for obtaining a measurement result from an indication. The same principle is applicable to the calibration of medical equipment. The medical equipment calibration services market report studies the current scenario as well as the future market potential for medical equipment calibration services globally. The medical equipment calibration services market has been segmented on the basis of product types and types of services. On the basis of equipment types, the market is segmented as ventilators, cardiovascular monitors, vital signs monitors, imaging equipment, infusion pumps, fetal monitors and others. Further, the medical equipment calibration services market is segmented on the basis of types of service providers such as in-house calibration services, third party calibration services, and OEM calibration services. The market for medical equipment calibration services has been extensively analyzed on the basis of factors such as demand of calibration services in various specialty hospitals, average price range of each segment, number of hospitals and research institutes, pathology laboratories and its relevance with medical equipment calibration services. The market size and forecasts in terms of revenue (USD million) for each of these segments have been provided for the period 2014 to 2020, considering 2013 as the base year. The medical equipment calibration services market report also provides the compounded annual growth rate (CAGR) for each segment of the market for the forecast period 2014 to 2020. Browse Market Research Report: http://www.transparencymarketresearch.com/medical-equipment-calibration-servicesmarket.html
Medical Equipment Calibration Services Market: Overview Calibration is considered as an essential procedure for any equipment and device, in order to maintain and improve its accuracy and precision. Calibration is the process, in which equipment under test is compared with some standard equipment, in order to understand the accuracy of former one. The calibration of medical equipment is also based on the same principle. Medical equipment calibration services market is highly fragmented market and the demand for calibration services is increasing, owing to various factors, such as, rising number of hospitals, increasing environmental regulations, and rising customer focus towards quality and precision. This report is focused towards identifying the current scenario as well as future market potential for medical equipment calibration services globally. The global medical equipment calibration services market is divided into two segments, namely; by equipment types and by types of services. On the basis of by equipment types, the market is further segmented as ventilators, imaging equipment, fetal monitors, infusion pumps, cardiovascular monitors, vital sign monitors and others. Whereas, on the basis of types of services, the market is divided as in-house calibration services, third party calibration services and OEM calibration services. Out of the all above devices, market of imaging equipment calibration services held the largest market share in 2013. Whereas, cardiovascular monitors calibration services market is expected to grow at the highest growth rate during the forecast period. Increasing focus of customers on the quality, rising penetration of companies in this market and strict compliance environment are key factors expected to drive the growth of this market. In addition, rising product recall is another major driver expected to push the market to a higher end. According to the U.S. FDA, number of product recalls since past couple of years have increased from 763 in 2009 to 1,190 in 2012. These recalls were observed due to software design failure, component and material issues and packaging and labeling. Hence, such frequent product recall affects the company’s reputation and thus, the companies are offering strong emphasis on calibration of their products before and after commercialization. This fact is considered as an important growth propeller of this market. In addition, rising demand for third party and in-house calibration services is another important driver of the market. However, shift towards usage of modular instrumentation, high capital requirement, and dominance by the local and regional players are some of the major reasons that could slow down the growth of this market.
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Table of Contents Chapter 1 Introduction 1.1 Report Description 1.2 Market Segmentation 1.3 Research Methodology 1.3.1 Sources 1.3.1.1 Secondary Research 1.3.1.2 Primary Research 1.4 Assumptions Chapter 2 Executive Summary 2.1 Market Snapshot: Global Medical Equipment Calibration Services Market (2013 & 2020) 2.2 Global Medical Equipment Calibration Services Market, by Equipment Types, 2013 (USD Million) 2.3 Comparative Analysis: Global Medical Equipment Calibration Services Market, By Geography, 2013 & 2020 (Value %) Chapter 3 Market Overview 3.1 Market Definition and Overview 3.2 Market Dynamics 3.2.1 Drivers 3.2.1.1 Rising incidences of product recall would support the growth of the medical equipment calibration services market
3.2.1.2 Stringent regulatory environment and increasing focus of customers on product quality is contributing to market growth 3.2.1.3 Growth of calibration services market is directly proportional to increasing demand of new and refurbished medical equipment 3.2.2 Restraints 3.2.2.1 Modular instrumentation or self-calibrating device are restraining the growth of the market 3.2.2.2 Limited awareness and enthusiasm toward calibration of medical devices restrains market growth 3.2.3 Opportunities 3.2.3.1 Expansion of services beyond national boundaries is observed to be the current market requirement 3.2.3.2 Price pressure from domestic players can be strategically tackled by mergers and acquisitions 3.3 Porters Five Force Analysis for the Global Medical Equipment Calibration Services Market 3.3.1 Bargaining power of suppliers 3.3.2 Bargaining power of buyers 3.3.3 Threat of substitutes 3.3.4 Threat of new entrants 3.3.5 Competitive Rivalry 3.4 Value Chain Analysis 3.5 Market Attractiveness Analysis for the Global Medical Equipment Calibration Services Market 3.6 Average Pricing Analysis 3.7 Event Impact Analysis: Global Medical Equipment Calibration Services Market
3.8 Competitive Landscape (Heat Map Analysis of Key Market Players) 3.8.1 Heat Map Analysis of the Medical Equipment Calibration Services Market, by Key Market Players, 2013 3.8.1.1 Biomed Technologies, Inc. 3.8.1.2 Fluke Biomedical 3.8.1.3 Tektronix, Inc. Chapter 4 Medical Equipment Calibration Services Market, by Equipment Types 4.1 Overview 4.1.1 Global Medical Equipment Calibration Services Market, by Equipment Types, 2012 - 2020 (USD Million) 4.2 Fetal Monitors 4.2.1 Global Fetal Monitors Calibration Services Market Revenue, 2012 - 2020 (USD Million) 4.3 Ventilators 4.3.1 Global Ventilators Calibration Services Market Revenue, 2012 - 2020 (USD Million) 4.4 Vital Signs Monitors 4.4.1 Global Vital Signs Monitors Calibration Services Market Revenue, 2012 - 2020 (USD Million) 4.5 Cardiovascular Monitors 4.5.1 Global Cardiovascular Monitors Calibration Services Market Revenue, 2012 - 2020 (USD Million) 4.6 Infusion Pumps 4.6.1 Global Infusion Pumps Calibration Services Market Revenue, 2012 - 2020 (USD Million) 4.7 Imaging Equipment 4.7.1 Global Imaging Equipment Calibration Services Market Revenue, 2012 - 2020 (USD Million)
4.8 Others 4.8.1 Global Other Calibration Services Market Revenue, 2012 - 2020 (USD Million) Chapter 5 Medical Equipment Calibration Services Market, by Types of Services 5.1 Overview 5.1.1 Global Medical Equipment Calibration Services Market, by Types of Services, 2012 - 2020 (USD Million) 5.2 In-House Calibration Services 5.2.1 Global In-House Calibration Services Market Revenue, 2012 - 2020 (USD Million) 5.3 Third Party Calibration Services 5.3.1 Global Third Party Calibration Services Market Revenue, 2012 - 2020 (USD Million) 5.4 OEM (Original Equipment Manufacturer) Calibration Services 5.4.1 Global OEM Calibration Services Market Revenue, 2012 - 2020 (USD Million) Chapter 6 Medical Equipment Calibration Services Market, by Geography 6.1 Overview 6.1.1 Global Medical Equipment Calibration Services Market, by Geography, 2012 - 2020 (USD Million) 6.2 North America 6.2.1 North America Medical Equipment Calibration Services Market Revenue, 2012 - 2020 (USD Million) 6.3 Europe 6.3.1 Europe Medical Equipment Calibration Services Market Revenue, 2012 – 2020 (USD Million) 6.4 Asia-Pacific
6.4.1 Asia-Pacific Medical Equipment Calibration Services Market Revenue, 2012 - 2020 (USD Million) 6.5 Rest of the World (RoW) 6.5.1 Rest of the World (RoW) Medical Equipment Calibration Services Market Revenue, 2012 2020 (USD Million) Chapter 7 Recommendations 7.1 Expansion of business across geographies to target global customers 7.2 Extension of business service portfolio 7.3 Focus on Asia-Pacific and emerging market (EMAP) regions 7.4 Extensive focus on promotions and marketing 7.5 Development of new and technologically sound calibration software, products and services Chapter 8 Company Profiles 8.1 Biomed Technologies, Inc. 8.1.1 Company Overview 8.1.2 Financial Overview 8.1.3 Product Portfolio 8.1.4 Business Strategies 8.1.5 Recent Developments 8.2 Fluke Biomedical 8.2.1 Company Overview 8.2.2 Financial Overview 8.2.3 Product Portfolio
8.2.4 Business Strategies 8.2.5 Recent Developments 8.3 Industrial Calibration and Service Company, Inc. (IN-CAL) 8.3.1 Company Overview 8.3.2 Financial Overview 8.3.3 Product Portfolio 8.3.4 Business Strategies 8.4 JM Test Systems, Inc. 8.4.1 Company Overview 8.4.2 Financial Overview 8.4.3 Product Portfolio 8.4.4 Business Strategies 8.4.5 Recent Developments 8.5 JPen Medical 8.5.1 Company Overview 8.5.2 Financial Overview 8.5.3 Product Portfolio 8.5.4 Business Strategies 8.5.5 Recent Developments 8.6 Medserve Ltd. 8.6.1 Company Overview 8.6.2 Financial Overview
8.6.3 Product Portfolio 8.6.4 Business Strategies 8.6.5 Recent Developments 8.7 NS Medical Systems 8.7.1 Company Overview 8.7.2 Financial Overview 8.7.3 Product Portfolio 8.7.4 Business Strategies 8.8 STQC (Department of Information Technology), Government of India 8.8.1 Company Overview 8.8.2 Financial Overview 8.8.3 Product Portfolio 8.8.4 Business Strategies 8.9 TAG Medical 8.9.1 Company Overview 8.9.2 Financial Overview 8.9.3 Product Portfolio 8.9.4 Business Strategies 8.9.5 Recent Developments 8.10 Tektronix, Inc. 8.10.1 Company Overview 8.10.2 Financial Overview
8.10.3 Product Portfolio 8.10.4 Business Strategies 8.10.5 Recent Developments 8.11 Transcat, Inc. 8.11.1 Company Overview 8.11.2 Financial Overview 8.11.3 Product Portfolio 8.11.4 Business Strategies 8.11.5 Acquisition for business expansion 8.11.6 Recent Developments List of Figures FIG. 1 Medical Equipment Calibration Services Market: Market Segmentation FIG. 2 Global Medical Equipment Calibration Services Market, by Equipment Types, 2013 (USD Million) FIG. 3 Comparative Analysis: Global Medical Equipment Calibration Services Market, by Geography, 2013 & 2020 (Value %) FIG. 4 Porter’s Five Forces Analysis: Global Medical Equipment Calibration Services Market FIG. 5 Value Chain Analysis of Medical Equipment Calibration Services Market FIG. 6 Market Attractiveness Analysis: Global Medical Equipment Calibration Services Market, 2013 FIG. 7 Heat Map Analysis of Key Market Players of the Medical Equipment Calibration Services Market FIG. 8 Global Fetal Monitors Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 9 Global Ventilators Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 10 Global Vital Signs Monitors Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 11 Global Cardiovascular Monitors Calibration Services Market Revenue, 2012 – 2020 (USD Million)
FIG. 12 Global Infusion Pumps Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 13 Global Imaging Equipment Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 14 Global Other Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 15 Global In-House Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 16 Global Third Party Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 17 Global OEM Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 18 North America Medical Equipment Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 19 Europe Medical Equipment Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 20 Asia-Pacific Medical Equipment Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 21 RoW Medical Equipment Calibration Services Market Revenue, 2012 – 2020 (USD Million) FIG. 22 Transcat, Inc.: Annual Revenue, 2011 - 2013 (USD Million) List of Tables TABLE 1 Global Medical Equipment Calibration Services Market, by Equipment Types, 2012 – 2020 (USD Million) TABLE 2 Global Medical Equipment Calibration Services Market, by Types of Services, 2012 – 2020 (USD Million) TABLE 3 Global Medical Equipment Calibration Services Market, by Geography, 2012 – 2020 (USD Million) About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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