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The North American and European multi-vendor services (MVS) market is expected to witness significant changes over the next couple of years, driven by the increasing adoption of technology by both MVS providers and healthcare facilities, the shift from inpatient to outpatient settings for surgical procedures, and the rising use of medical equipment in home healthcare. Professional services such as consulting, analytics, IT solutions, inventory management, and cybersecurity are expected to transform the MVS market from a traditional equipment maintenance and repair service-based model to a complete managed service model.

This Frost & Sullivan study provides clients with value propositions, key takeaways, and recommendations for expansion and growth in the MVS market. It also offers information about the industry ecosystem and the key participants operating in this space. Market growth drivers and restraints are examined. The insights provided in the study will help companies position themselves for future market growth and enable them to design competitive strategies.