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Medical Power Supply Market Booming Worldwide With Leading Key Players - Excelsys Technology, Delta Electronics Group (ROC) & Advanced Energy Industries.

09-04-2024 01:58 PM CET | Health & Medicine

Press release from: DataM Intelligence 4market Research LLP

Medical Power Supply Market || 2024-2031

Medical Power Supply Market || 2024-2031

The global medical power supply market is projected to experience significant growth at a high CAGR during the forecast period (2024-2031).

A power supply is an electrical device that provides power to an electrical load. Medical-grade power supplies, distinct from commercial models, prioritize safety and reliability. They undergo longer design cycles and require extensive support from the vendor to meet stringent healthcare standards. Advanced medical power supplies contribute to improved diagnostic and treatment capabilities, enhancing patient care and confidence.

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Market Trends:

The increasing market penetration of portable and integrated medical devices is expected to drive the global medical power supply market growth
Advancements in semiconductor chips and integrated circuits have significantly boosted the adoption of portable and integrated medical instruments. These innovations offer advantages such as improved power factor correction, enhanced thermal management, and reduced audible noise. The growth of the medical power supply market has been further supported by increased funding and research activity in portable medical devices. For instance, in November 2019, Schwarzer Cardiotek GmbH (Germany) received an R&D grant from the Zentrale Innovationsprogramm Mittelstand (ZIM) to integrate its EP-TRACER electrophysiology recording platform with Livetec's LiveCath ablation system. Additionally, in 2018, Cambridge Medical Robotics (UK) secured USD 100 million to advance its Versius system, a portable robot for laparoscopic applications, towards commercialization.

Market Segmentation:

By Technology: AC to DC Power Supply, DC to DC Power Supply.

By Type: Enclosed Power Supply, Open Frame Power Supply, Adapter Power Supply, Converters.

By Application: Diagnostic and Monitoring Equipment, Surgical Equipment, Home Medical Equipment, Dental Equipment, Other Applications.

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Competitive Landscape:

• Advanced Energy Industries
• Delta Electronics Group (ROC)
• Excelsys Technology
• Mean Well Enterprises Co. Ltd (ROC)
• Spellman High Voltage Electronics Corporation
• TDK-Lambda Corporation
• GlobTek
• SynQor
• Inventus Power
• Astrodyne TDI
• Wisman High Voltage Power Supply Co., Ltd
• ANEN Enterprise Limited

Regional Analysis:

The global Medical Power Supply Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Medical Power Supply Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

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