Medical Power Supply Market

Medical Power Supply - Global Market Outlook (2020-2028)

4.0 (59 reviews)
Published: April 2021 ID: SMRC20456
4.0 (59 reviews)
Published: April 2021 ID: SMRC20456

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Medical Power Supply Market is accounted for $1.30 billion in 2020 and is expected to reach $2.57 billion by 2028 growing at a CAGR of 8.9% during the forecast period. Factors such as rising adoption of home-use healthcare products, increasing demand for healthcare services, and growing geriatric population are driving the market growth. However, stringent regulatory compliance and safety standards are hampering the growth of the market.

A medical power supply is a device used in a wide range of medical applications. At times, they are combined with more significant power devices or equipment for power supply. Advanced medical power supply devices enable physicians to better diagnose and treat patients, which in turn, enhance patients’ confidence.

Based on the architecture, the enclosed power supply segment is anticipated to expand at a rapid pace during the forecast period owing to the technological advancements which have resulted in compact enclosed power supplies that offer higher efficiency and low leakage current. By geography, North America is going to have high growth during the forecast period which can be attributed to the strong base of healthcare facilities the growing medical equipment production in the region.

Some of the key players profiled in the Medical Power Supply Market include Delta Electronics Inc, Globtek Inc, Spellman High Voltage Electronics Corporation, Emerson Network, Traco Electronic AG, Excelsys Technology (Advanced Energy Industries, Inc.), Mean Well Enterprises Co. Ltd, SL Industries Inc, Powerbox International AB, Murata Manufacturing Co Ltd, TDK-Lambda Corporation, Cincon Electronics, XP Power, RECOM Power GmbH, and FSP Group.

Architectures Covered:
• External Power Supply
• Configurable Power Supply
• Standard Medical Power Supply
• Open Frame Power Supply
• Encapsulated Power Supply
• Enclosed Power Supply
• U-Bracket Power Supply
• Adapter Power Supply
• Customized Power Supply
• Cardiac Floating Rating Power Supply

Converter Types Covered:
• DC-DC Power Supply
• AC-DC Power Supply   

Applications Covered:
• Wearable Medical Equipments
• Implantable Medical Devices
• Medical Monitoring Equipment
• Surgical Equipment
• Diagnostic Equipment
• Dental Equipment
• Home Patient Care Equipment 

End Users Covered:
• Hospitals & Clinics
• Ambulatory Surgical Centers
• Long Term Care Centers
• Home Care Settings
• Rehabilitation Centers
• Diagnostic Centers

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


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