Press release
Betavoltaic Device Market In North America To Surpass Valuation Of US$ 1 Bn By 2030
Albany, NY - Betavoltaic Device Market in North America: IntroductionTransparency Market Research delivers key insights on the North America betavoltaic device market. In terms of revenue, the betavoltaic device market in North America is estimated to expand at a CAGR of ~12% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the North America betavoltaic device market.
The North America betavoltaic device market has been positively impacted by a rise in the demand from healthcare, electronics & communication industries, as betavoltaic devices possess long battery life and less maintenance. Thus, a rise in the demand from healthcare and electronics & communication industries is propelling the betavoltaic device market in North America.
Read Report - https://www.transparencymarketresearch.com/betavoltaic-device-market.html
Betavoltaic devices Market: Dynamics
A significant change has been witnessed in the lifestyle and eating habits of the population in North America in the past few years, which leads to a high rate of cardiovascular disease. Furthermore, a large portion of the geriatric population in the region requires various types of battery-operated medical devices such as pacemakers, defibrillator, micro stimulator, and drug delivery system. According to the U.S. Department of Health & Human Services and Centers for Disease Control and Prevention, coronary heart disease is the most common type of heart disease in the U.S. About 6.7% of the total population in the country is afflicted with coronary heart disease. Furthermore, every year, about 805,000 people in the U.S. suffer a heart attack, wherein 605,000 experience their first heart attack, while 200,000 suffer their second or more heart attacks. Rise in heart-related health issues is boosting the demand for pacemakers and related devices in North America. Medical devices such as pacemakers, defibrillator, micro stimulator, and drug delivery systems utilize betavoltaic device, which is expected to drive the betavoltaic device in forecast period.
The increase in investment in R&D of medical devices is also driving the demand for betavoltaic devices. Several advancements have been made in pacemaker technologies, such as tracking device data and patient health through wireless remote monitoring systems, models that are magnetic resonance imaging (MRI)-safe, new data recording functionality to provide more information on patient health and device status and longer battery life and technology. Thus increase in investment in R&D of medical devices is anticipated to drive the battery operated medical devices market in the near future. Betavoltaic devices are currently being used in these types of equipment due to better performance, compact size, and long life of nearly 20 years of these devices as compared to that of lithium-ion and other thermochemical batteries.
Download PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=74475
In terms of by type, the betavoltaic device market has been segmented into tritium, krypton, nickel, and others. Tritium is the dominant segment of the North America market, as tritium batteries continuously emit low powered electrons irrespective of temperature or any environmental conditions. Moreover, the availability of tritium is abundance and has lower price compare to other beta emitters.
Based on end user, the betavoltaic device market has been segregated into aerospace, electronics & communication, healthcare, defense, and others. Betavoltaic devices possess long battery life and less maintenance. Consequently, the demand for these devices is high in the healthcare segment. The number of patients with heart diseases has been increasing at a significant rate in North America. Therefore, the demand for pacemakers is high in North America. This is expected to drive the betavoltaic device market in the region in the near future.
Request for covid19 Impact Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=74475
Betavoltaic Device Market in North America: Prominent Country
North America is a leading region in terms of manufacturing of electro-medical devices, consumer electronics, and aerospace. These industries require specially designed batteries that have long life and reliable power supply. Furthermore, North America is also a leading region of the global defense industry. The overall budget for the defense industry of North America was around US$ 750 Bn in 2019. Thus, expansion of all these industries in North America is expected to drive the betavoltaic device market in the near future.
The U.S. dominated the betavoltaic device market in North America in 2019. This can be ascribed to the expansion of healthcare, aerospace, and defense industries in the country. Betavoltaic devices are an integral part of the healthcare, aerospace, and defense industries; hence, the growth of these industries is anticipated to propel the demand for betavoltaic devices in the country.
Betavoltaic Device Market in North America: Key Players
Key players operating in the betavoltaic device market in North America are City Labs, Inc BetaBatt, Inc., Direct Kinetic Solutions, and Widetronix.
Buy Now - https://www.transparencymarketresearch.com/checkout.php?rep_id=74475<ype=S
Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Betavoltaic Device Market In North America To Surpass Valuation Of US$ 1 Bn By 2030 here
News-ID: 2481950 • Views: …
More Releases from Transparency Market Research - Energy & Mining
Wastewater Treatment Services Market – Notable Developments and Geographical O …
Albany, NY - Wastewater Treatment Services Market- Overview
Large amount of wastewater is produced from households and industries that can be successfully treated for reuse and also for discharging it into the environment. Many regions in the world are going through water crisis. Wastewater treatment services can provide significant solutions to handle this situation. Rapid urbanization brought by industrialization and unprecedented population rise are inducing high demand for clean drinking…
Key Drivers of Europe Distribution Transformer Market
Albany, NY - Europe Distribution Transformer Market: Introduction
The distribution transformer market in Europe was valued at US$ 3.5 Bn in 2019 and is anticipated to expand at a CAGR of 6.5% during the forecast period. Based on insulation, the liquid segment held dominant share of the distribution transformer market in Europe in 2019. In terms of insulation type, the replacement segment accounted for a larger share of the distribution transformer market in Europe in 2019. Power failures have been rising due to…
Customized Peptide Generation Market Drivers, Restraints and Notable Development …
Albany, NY - Global Customized Peptide Generation Market: Overview
Mechanical developments, expanding research exercises in the field of engineered science, developing weight of malignancy and irresistible illnesses, and expanding ventures and subsidizing for protein-based inquire about are the central point driving the customized peptide generation market development.
Peptide usage in the pharmaceutical business has experienced an enormous change lately because of mechanical improvements. Prior, peptide generation was completed with the assistance of common sources,…
Hybrid And Full Electric Marine Propulsion Market To Hit US$7,516.7 Mn By 2026
Albany, NY - The global hybrid and full electric marine propulsion market bears a fairly fragmented vendor landscape, says Transparency Market Research (TMR) in a recently published report. This is solely because of the existence of large, medium, and small scale players in the market. BAE Systems, Wartsilla Corporation, AB Volvo Penta, Niigata Power Systems, and Fairbanks Morse Engine are the leading companies in the global hybrid and full electric marine propulsion…
More Releases for North
North America Epoxy Composites Market
North America Epoxy Composites Market, By Type (Glass Fiber, Cotton Fiber, Paper Fiber), Resin Type (Epoxy Resin, Phenolic Resin, Melamine Resin), Manufacturing Process (Layup Process, Compression Molding Process, Resin Injection Molding Process, Resin Transfer Molding Process, Filament Winding Process, Pultrusion Process), End User (Wind Energy, Aerospace and Defense, Sporting Goods, Automotive and Transportation, Electrical and Electronics, Pipe and Tank, Marine, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to…
North America Drone Simulator industry report - North America Drone Simulator Ma …
The drone simulator market in North America is expected to reach US$ 535.17 million by 2028 from US$ 251.38 million in 2021; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028.
The latest North America Drone Simulator Market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis…
UberJets Helping People Get North!
In 2022 consumers have the freedom to purchase, order, or reserve, practically anything with a click of a button. Buying has never been more transparent through the utilization of mobile app technology. Typically, users can perform tasks such as book a hotel or purchase game tickets all from an app; so it only makes sense that one can order a private aircraft to get to anywhere, and anytime using the…
North America Apnea Monitors Market : North America Opportunity Analysis and Ind …
CRIFAX has recently announced its latest research report on 'North America Apnea Monitors Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated…
North America Footwear Market -Consumers In North America Are More Inclined Towa …
In the last couple of years, North America has emerged at the forefront of the fashion and sports apparel industry. Not only has easy and uninterrupted internet access bolstered consumer awareness regarding the latest buzz in the fashion scenario, but it has also helped them shop for the products they want with a simple touch of their fingers on their smartphones or tablets. The developed countries in the region such…
Electrical Fuses Market: Production Enterprise To Become Main Application Phase …
The North America electrical fuses market is likely to witness the advent of more compact and slimmer electronics with leading players vying to cater to ever-changing consumer preferences. The development of the latest technologies and innovation have thus emerged as the most defining trends in the market. The electrical fuses market in North America is primarily driven by the rising demand for electricity and efficient power delivery systems. Besides this,…
