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Medical Power Supply Market is anticipated to grow up to USD 2.4 billion by 2032 - Advanced Energy Industries (US), Delta Electronics (Taiwan), TDK-Lambda Corporation (Japan), SL Power Electronics (US)

06-26-2023 04:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Medical Power Supply Market is anticipated to grow up to USD 2.4

The global medical power supply market was valued at USD 1.2 billion in 2022 and it is anticipated to grow up to USD 2.4 billion by 2032, at a CAGR of 7.0% during the forecast period.

New York, Global Medical Power Supply Market report from Global Insight Services is the single authoritative source of intelligence on Medical Power Supply Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Request free sample copy of this research study: https://www.globalinsightservices.com/request-sample/GIS10327

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.

Major Players in the Global Medical Power Supply Market

The key players in the medical power supply market are Advanced Energy Industries (US), Delta Electronics (Taiwan), TDK-Lambda Corporation (Japan), SL Power Electronics (US), XP Power (Singapore), Spellman High Voltage Electronics Corporation (US), COSEL (Japaan), FRIWO Gerätebau (Germany), Bel Fuse (US), and MEAN WELL Enterprises (Taiwan), among others.

Read more about Medical Power Supply Market here: https://www.globalinsightservices.com/reports/medical-power-supply-market-forecast-to-2031-global-insight-services/

Global Medical Power Supply Market Segmentation

By Technology

AC to DC Power Supply
DC to DC Power Supply
By Type

Open Frame Power Supply
Enclosed Power Supply
Adapter Power Supply
Converters
By Application

Diagnostic, Imaging, and Monitoring Equipment
Surgical Equipment
Home Medical Equipment
Others
By Region

North America
The U.S.
Canada
Mexico
Europe
The U.K.
Germany
France
Spain
Italy
Netherlands
Sweden
Switzerland
Denmark
Finland
Russia
Rest of Europe

Get Customized Report as Per Your Requirement:https://www.globalinsightservices.com/request-customization/GIS10327

Market Trends and Drivers

Increased market penetration of portable and integrated medical devices will propel the market growth during the forecast period. Portable/integrated instrument adoption and recent advancements in product design & architecture are supported by developments in adjacent industries, such as semiconductor chips and integrated circuits. Such devices have witnessed rapid installation due to their advantages-improved power factor correction, better thermal management, and reduced audible noise. The availability of funding and support to develop portable medical devices has also driven overall research activity in this sector. These factors have favored the adoption of medical power solutions since the growth of this market is directly tied to instrument use. For instance, in November 2019, Schwarzer Cardiotek GmbH (Germany) was awarded an R&D grant by the Zentrale Innovations programm Mittelstand (ZIM). Schwarzer Cardiotek intends to integrate its electrophysiology recording platform EP-TRACER with Livetec's ablation system, LiveCath. Similarly, in 2018, Cambridge Medical Robotics (UK) raised USD 100 million to prepare its Versius system (a portable robot for laparoscopic applications) for planned commercialization.

Purchase your copy now: https://www.globalinsightservices.com/checkout/single_user/GIS10327

With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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