North American Medical Power Supply Market : Industry to Witness a Rise by year 2023

Medical power supply is a small device that supplies power in form of electricity to medical devices. The primary function of a power supply is to convert one form of electrical energy to another. These medical power supply devices must be specially designed to meet the IEC60601 medical equipment safety standard. These standalone devices can be used in an extensive range of medical applications. At times, they are integrated into larger devices/equipment.

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Rise in high efficiency and digitally controlled power supplies, shift towards portable medical equipment, and advancement in medical device technology drive the market. In addition, emerging economies and rise in trend of private medical treatment also fuels the market growth. In contrast, stringent regulations and certification bodies, downturn in many major economies, and the high cost associated with these medical devices restrain the market growth. Nevertheless, shift towards mobile medical devices and upsurge of home patient care provides growth opportunity.

The North America medical power supply market is segmented on the basis of technology, type, application, and region. Based on technology, it is bifurcated into AC-DC power supply and DC-DC power supply. Based on type, it is divided into enclosed, open frame, external, u-bracket, configurable and encapsulated. In terms of application, the market is divided into diagnostic equipment, medical monitoring equipment, home patient care, dental equipment, and surgical equipment. Based on diagnostic equipment, the market is segmented into magnetic resonance imaging (MRI), X-RAY, computed tomography (CT), positron emission tomography (PET), ultrasound, blood analyzers, and others. In terms of medical monitoring equipment, it is sub-divided into multi-parameter monitors, blood pressure monitors, anesthesia monitors, magnetoencephalography (MEG), electroencephalogram (EEG), electrocardiogram (ECG), and others. Based on home patient care, it is further classified into positive airway pressure (PAP) devices, infusion pumps, ventricular assist device (VAD), pulse oximeters, portable suction device, portable nebulizers, oxygen concentrators, ventilators, dialysis devices, and others. Based on dental equipment, it is categorized into CAD/CAM systems, oral care equipment, digital radiology equipment, dental chairs, dental X-ray machines, and others. In terms of surgical equipment, it is further segmented into ophthalmic surgery equipment, surgical laser, robotic surgical devices, cosmetic surgery equipment, and others. By geography, the North America market is across U.S., Mexico, and Canada.

The companies operating in the market are PowerBox Systems, SynQor, SL Power Electronics Corp., Wall Industries, Inc., TDK Lambda Corpopration, Emerson Network Power Pvt Ltd., Astrodyne Corporation, ICCNexergy Inc., Delta Electronics, Inc., GlobTek, Inc., and Mean Well Enterprises Co., Ltd.

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Key Benefits

• The study provides an in-depth analysis of the North American medical power supply market along with current trends and future estimations to elucidate the imminent investment pockets.
• It presents a quantitative analysis from 2016 to 2023 to enable the stakeholders to capitalize on prevailing market opportunities.
• Extensive analysis of the market by product type elucidates various forms of clinical analyzers.
• Key players are profiled and their strategies are analyzed thoroughly to predict the competitive outlook of the market.

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