Medical Power Supply Market worth $1.9 billion by 2027 | Advanced Energy Industries, Inc (US), TDK Corporation (Japan), Delta Electronics, Inc. (Taiwan)

Medical Power Supply Market is projected to grow from USD 1.5 billion in 2022 to USD 1.9 billion by 2027, at a CAGR of 6.5% from 2022 to 2027, according to a new report by MarketsandMarkets™. Growing adoption of home-used products, technological advancements & new product launches, increased research spending on energy-efficient power supplies coupled with rising number of PSUs suppliers are the key factors driving the market in near future.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1208&utm_source=Openpr&utm_campaign=paid&utm_content=Referral
AC-DC power supplies segment to register significant growth rate over the forecast period of 2022-2027

Based on the converter type, the global medical power supply market is segmented into AC-DC and DC-DC power supplies. The AC-DC power supplies segment is anticipated to register a highest growth rate over the forecast period. The advantages of AC-DC over DC-DC power supply, such as low energy consumption, low risk of current leakage, and greater efficiency, support its market growth.

Enclosed power supply segment accounted for the largest share of the medical power supply market, by architecture market in 2021

The enclosed power supply segment dominates the market due to the launch of several advanced enclosed power supplies. Enclosed power supplies include DC-AC inverters and DC-DC converters, used in military, medical, aerospace, semiconductor, and other industries. Availability of enclosed solutions for vast power and voltage spectrum to drive Growth in this market.

Patient monitoring equipment is the largest application of the medical power supply market

In 2021, the patient monitoring equipment segment accounted for the largest share of the medical power supply market. This segment is further classified into ECG monitors, multiparameter monitors, EEG monitors, MEG monitors, and other patient monitoring equipment. Major share of the application segment are attributed to the growing presence of regional players in the medical power supply industry to cater to the demand for medical-grade power supplies for patient monitoring systems after the COVID-19 outbreak.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1208&utm_source=Openpr&utm_campaign=paid&utm_content=Referral

Asia Pacific to register major growth in the market during the forecast period

Asia Pacific medical power supply market is anticipated to register highest growth over the forecast period of 2022 to 2027. Major growth of the market is attributed to the growing installation of diagnostic imaging equipment, rapidly expanding urban population, significant investments in infrastructure expansion, and a strong industrial manufacturing base creating more opportunities for market players.

As of 2021, prominent players in the medical power supply market are Advanced Energy Industries, Inc (US), TDK Corporation (Japan), Delta Electronics, Inc. (Taiwan), SL Power Electronics (US), XP Power (Singapore), Bel Fuse Inc. (US), COSEL Co. Ltd. (Japan), FRIWO Gerätebau GmbH (Germany), SynQor, Inc. (US), GlobTek, Inc. (US), MEAN WELL Enterprises Co. Ltd. (Taiwan), Spellman High Voltage Electronics Corporation (US), and Astrodyne TDI (US), among others.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=1208&utm_source=Openpr&utm_campaign=paid&utm_content=Referral

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/medical-power-supply-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/medical-power-supply.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.