Medical Power Supply Market Is Predicted To Witness Incremental Growth In The Forecast Period 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the medical power supply market report by The Business Research Company, the increasing expenditure on healthcare is expected to propel the growth of the medical power supply market.

The global medical power supply market size grew from $1.6 billion in 2022 to $1.77 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The medical power supply market size is expected to grow to $2.62 billion in 2027 at a CAGR of 10.3%.

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Major players in the medical power supply market are Koninklijke Philips N.V., Connect America LLC, ADT Security Services, Bay Alarm Medical, VRI Inc., Life Alert Emergency Response Inc., Medical Guardian LLP, Nortek Security and Control LLC, Rescue Alert, AlertONE Service Inc., GreatCall, Ascom Wireless Solutions, LogicMark LLC, Tunstall Healthcare, and LifeStation.

The medical power supply market is segmented -
• By Type: Open Frame Power Supply, Enclosed Power Supply, Adapter Power Supply, Converters
• By Converter Type: AC-DC Power Supply, DC-DC Power Supply
• By End-User: Hospitals, Ambulatory Surgical Cente, Clinics, Long Term Care Centres, Diagnostic Centers, Rehabilitation Centers, Home Care Setting
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Medical power supply market in 2022.

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Medical power supplies refer to power sources that create conditioned outputs for instruments, equipment, and medical devices such as dental devices, ophthalmic procedures, ultrasound devices, and surgical procedures inside operating rooms. They are constructed in accordance with the IEC601(EN60601) and UL60601 safety standards, which apply to professional-use electrical, medical, and dental equipment.

The Table Of Content For The Medical Power Supply Market Include:
1. Executive Summary
2. Medical Power Supply Market Characteristics
3. Medical Power Supply Market Trends And Strategies
4. Medical Power Supply Market - Macro Economic Scenario
5. Medical Power Supply Market Size And Growth
6. Medical Power Supply Market Segmentation
……
26. Africa Medical Power Supply Market
27. Medical Power Supply Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Medical Power Supply Market
29. Medical Power Supply Market Future Outlook And Potential Analysis
30. Appendix

The "Global Medical Power Supply Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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