Global Medical Power Supply Devices Market Incredible Possibilities, Growth Analysis and Forecast To 2025

ResearchMoz include new market research report "Global Market Study on Medical Power Supply Devices: Technological Advancements Expected to Boost Revenue Growth During 2017 - 2022" to its huge collection of research reports.

Power supply manufacturers are focusing on developing compact-sized and energy-efficient medical power supplies for wireless test and measurement equipment for medical applications. Increasing demand for wireless medical devices/equipment is anticipated to result in increased spending by manufacturers for designing and manufacturing medical power supply which meet specific equipment requirements.

Power supply devices are discrete and stand-alone devices. At times, they are integrated into larger devices/equipment. Examples of applications where power supply devices are integrated into electronic devices include desktop computers, washing machines, refrigerators, and other consumer electronic devices. Some of the common types of power supply devices include DC power supplies, AC-DC power supplies, linear regulator, AC power supplies, switched mode power supplies, and programmable power.

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Of the various market segments, the medical application segment has been estimated to account for 4-5% share (in terms of revenue) of the global AC-DC and DC-DC power supply market by 2017 end. Major applications of medical power supplies include MRI, CT scan, and PET scanners. Increased demand for medical care at home is driving market growth currently. In fact, the market has seen traction in the sale of home healthcare devices, including those used for patient monitoring, therapeutic, and surgical applications.

Given the ever-fluctuating global economy, the report not only forecasts the market on the basis of CAGR but also analyses the impact of the key parameters for each year of the forecast period. This helps clients to understand the predictability of the market and identify the right opportunities across the market during the forecast period. Also, a significant feature of this report is the analysis of all vital segments in terms of absolute dollar opportunity. The absolute dollar opportunity is critical for assessing the level of revenue opportunity in the market.

In order to evaluate the market size, revenue generated by the medical power supply devices manufacturers has been taken into consideration. Average selling price for each product across each region was taken into account for estimating market revenue across the respective regions. Additionally, a large number of various types of healthcare institutions in each region have been taken into consideration. Besides, an average number of beds and equipped with equipment requiring a power supply in each type of healthcare institutions have been taken into consideration to estimate the medical power supply market size Moreover, market estimates have been analyzed keeping in mind different factors including technology, environment, economic, legal, and social.

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In order to provide correct market forecast statistics, the current market was sized as it forms the basis of the medical power supply devices market during the forecast period. Given the characteristics of the market, we triangulated the outcome of three different types of data including secondary research, primary research, and data from paid databases. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research. Secondary research includes key players product literature, annual reports, press releases, and relevant documents, recent trade journals, technical writing, Internet sources, trade associations, agencies, and statistical data from government websites. This collated data from primary and secondary data sources is then analysed by the in-house research panel using market research statistical tools.

By product type

Standard medical power supply
Open Frame Power Supply Devices
Enclosed Power Supply Devices
Encapsulated Power Supply Devices
External Power Supply Devices
Configurable medical power supply
Open Frame Power Supply Devices
Enclosed Power Supply Devices
Encapsulated Power Supply Devices
External Power Supply Devices
By Function

AC-DC Power Supply Devices
DC-DC Converters

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By End User

Hospitals
Ambulatory Surgical Centers
Clinics
Long Term Care Centers
Rehabilitation Centers
Diagnostic Centers
Home Care Settings

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