Medical Power Supply Market: Opportunities and Forecast By 2029
This Medical Power Supply Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Global Medical Power Supply Market was valued at USD 1.39 billion in 2021 and is expected to reach USD 2.47 billion by 2029, registering a CAGR of 7.4% during the forecast period of 2022-2029.
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Market Overview:
Globally, the rapid growth of the ageing population is a major source of concern. According to the reports of a 2016 World Health Organization report, the geriatric population accounts for almost 22% of the global population. The high geriatric population further increases requirement of medical devices and biotechnology products as they require more primary medical attention and assistance. Consequently, the demand for various disposable supplies, medical equipment and other patient monitoring and treatment devices has increased over the years. The market is projected to show substantial growth over the forecasted period.
Some of the major players operating in the Medical Power Supply Market are
Advanced Energy Industries Inc., (U.S), Delta Electronics Inc., (Taiwan), TDK-Lambda Corporation (Japan), SL Power Electronics Corp (U.S), XP Power (Singapore), Spellman High Voltage Electronics Corporation (U.S), COSEL Co. Ltd., (Japan), FRIWO Gerätebau GmbH (Germany), Bel Fuse Inc., (U.S), MEAN WELL Enterprises Co., Ltd. (Taiwan), GlobTek Inc., (U.S), Wall Industries Inc., (U.S), SynQor Inc.,(U.S), Inventus Power (U.S), and Astrodyne TDI (U.S) among others.
Global Medical Power Supply Market Scope
The medical power supply market is segmented on the basis of converter type, architecture, application, manufacturing type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Converter Type
· AC-DC Power Supply
· DC-DC Power Supply
On the basis of converter type, the medical power supply market is segmented into AC-DC power supply and DC-DC power supply. The AC-DC power supply is sub-segmented into 200W and less, 201-500W, 501-1,000W, 1,001-3,000W and 3,001W and above. The DC-DC power supply is sub-segmented into 30W and less, 31-60W and 61W and above. AC-DC power supply will account for the largest market share over forecasted period as there is rising adoption of portable medical devices models.
Architecture
· Enclosed Power Supplies
· Open Frame Power Supplies
· External Power Supplies
· U-Bracket Power Supplies
· Configurable Power Supplies
· Encapsulated Power Supplies
On the basis of architecture, the medical power supply market is segmented into enclosed power supplies, open frame power supplies, external power supplies, u-bracket power supplies, configurable power supplies and encapsulated power supplies.
Application
· Diagnostic and Monitoring Equipment
· Home Medical Equipment
· Surgical Equipment
· Dental Equipment
On the basis of application, the medical power supply market is segmented into diagnostic and monitoring equipment, home medical equipment, surgical equipment and dental equipment. The diagnostic and monitoring is sub-segmented into various diagnostic equipment such as MRI, X-Ray system, CT scanner, ultrasound system, mammography system, positron emission tomography (PET) and other diagnostic system and the monitoring equipment such as electrocardiograph (ECG), electroencephalography (EEG), magnetoencephalography (MEG), multi-parameter patient monitor and other monitoring equipment. The surgical equipment is sub-segmented into radiofrequency- based ablation system, electric and electroporation ablation system, light and laser-based ablation system, aesthetic laser system, ophthalmology laser devices and other surgical equipment.
Manufacturing Type
· Standard Power Supply
· Customized Power Supply
· CF Rating Power Supply
On the basis of manufacturing type, the medical power supply market is segmented into standard power supply, customized power supply and CF rating power supply.
End User
· Hospitals
· Ambulatory Surgical Centers
· Clinics
· Long Term Care Centers
· Diagnostic Centers
· Rehabilitation Centers
· Home Care Setting
On the basis of end user, the medical power supply market is bifurcated into hospitals, ambulatory surgical centers, clinics, long term care centers, diagnostic centers, rehabilitation centers and home care setting.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Medical Power Supply Market Landscape
Part 04: Global Medical Power Supply Market Sizing
Part 05: Global Medical Power Supply Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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