QYR Market Research Global Medical Equipment Maintenance market | Page 5

QYR • Geographically, the medical equipment maintenance market is segmented into North America (45%), Europe (30%), Japan (9%), China (6%), and the Rest of the World. In 2015, North America is expected to dominate the market, followed by Europe. However, Asia is expected to grow at the highest CAGR of 18% each during the forecast period. Factors such as increasing public and private funding for the development of healthcare facilities, increasing awareness about diagnosing diseases at an early stage, rising patient population, and growing number of technologically advanced diagnostic imaging systems are likely to propel the growth of this market.