The global demand for Medical Power Supply Market is presumed to reach the market size of nearly USD 3.86 MN by 2028 from USD 2.33 MN in 2021 with a CAGR of 7.5% under the study period 2022 - 2028.
The medical power supply is the equipment used to deliver current to medical devices. In conjunction with conductors and electronic components, a medical power supply is used to isolate the alternating current (AC) input, internal high voltage systems, and direct current (DC) output. The medical power supply includes enclosed, open frame, external, configurable, U-bracket and encapsulated devices. Medical power supply devices are used in various medical applications, such as blood analyzers, X-rays, MRI, patient monitors, robotic surgical devices & dental equipment, and CT & PET scanners. Medical power supplies are separate and self-contained devices.
Market Dynamics
The increasing adoption of external power supplies for home healthcare applications is expected to drive segment growth. Moreover, significant global medical industry growth is one of the key factors creating a positive outlook for the market. Also, rising concerns regarding patient safety are propelling the market growth. With the increasing use of portable, smaller, and lighter medical equipment, healthcare organizations increasingly rely on medical power supply systems to provide effective patient care. Furthermore, the development of diagnostic labs, advanced healthcare infrastructure, and strict regulations for medical power supply drives the market growth. However, the high cost and technical limitations may hamper the market's growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of medical power supply. The growth and trends of medical power supply industry provide a holistic approach to this study.
Market Segmentation
This section of the medical power supply market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Converter Type
- AC-DC Power Supply (200W And Less, 201-500W, 501-1,000W, 1,001-3,000W, 3,001W And Above)
- DC-DC Power Supply (30W And Less, 31-60W, 61W And Above)
By Application
- Diagnostic Imaging Systems (MRI Systems, X-Ray Systems, CT Scanners, Ultrasound Systems, Mammography Systems, PET Systems, Other Diagnostic Imaging Systems)
- Patient Monitoring Equipment (ECG Monitors, EEG Monitors, MEG Monitors, Multiparameter Monitors, Other Patient Monitoring Equipment)
- Surgical Equipment (RF-Based Ablation Systems, Electric & Electroporation Ablation Systems, Light & Laser-Based Ablation Systems, Aesthetic Laser Systems, Ophthalmology Laser Devices, Other Surgical Equipment)
- Dental Equipment
- Home Use & Wearable Equipment
- Implantable Medical Devices
- Other Applications
By Architecture
- Enclosed Power Supply
- Open Frame Power Supply
- External Power Supply
- U-Bracket Power Supply
- Encapsulated Power Supply
- Configurable Power Supply
By Manufacturing Type
- Standard Power Supply
- Customized Power Supply
- CF Rating Power Supply
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Medical Power Supply market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Medical Power Supply Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the medical power supply market include Advanced Energy Industries, Inc (US), TDK Corporation (Japan), Delta Electronics, Inc. (Taiwan), SL Power Electronics (US), XP Power (Singapore), Bel Fuse Inc. (US), COSEL Co. Ltd. (Japan), FRIWO Gerätebau GmbH (Germany), SynQor, Inc. (US), GlobTek, Inc. (US), MEAN WELL Enterprises Co. Ltd. (Taiwan), Spellman High Voltage Electronics Corporation (US), and Astrodyne TDI (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
