Medical Power Supplies Market Report 2022-2027 Size, Industry Share, Growth, Trends and Forecast | Key Players – Advanced Energy Industries Inc., Cosel Co. Ltd., CUI Inc., Delta Electronics Inc.

The latest report by IMARC Group, titled “Medical Power Supply Market Report : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on medical power supply market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. finds that the global medical power supply market reached a value of US$ 1.47 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.18 Billion by 2027, exhibiting at a CAGR of 6.30% during 2022-2027.

Medical power supply refers to the equipment that delivers electric current to medical devices and instruments. They are designed to comply with the internationally recognized safety standard IEC (60601-1-2:2015), which defines the safety criteria for any device connected to the main power supply to monitor, diagnose, or treat a patient. Some of the commonly used medical power supply systems include enclosed, open frame, external, U-bracket and encapsulated devices. They utilize reinforced insulation materials and AC-DC and DC-DC power supplies.

Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027

Medical Power Supply Market Trends and Drivers:

Significant growth in the medical industry represents one of the key factors driving the market growth. Moreover, the increasing utilization of portable, smaller, and lightweight medical equipment is escalating the demand for medical power supply systems in hospitals and medical facilities to provide effective patient care.

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Besides this, due to the global outbreak of the coronavirus disease (COVID-19) pandemic, medical power supply systems are extensively being employed in hospitals to operate advanced equipment, such as ventilators, magnetic resonance imaging (MRI), oxygen concentrators, computed tomography (CT) scan, electrocardiograph (ECG) and multiparameter patient monitoring devices.

This, coupled with the growing preference for in-home patient care among the masses, is creating a favorable market outlook across the globe.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Medical Power Supply Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Advanced Energy Industries Inc., Cosel Co. Ltd., CUI Inc., Delta Electronics Inc., FRIWO Gerätebau GmbH, GlobTek Inc., MEAN WELL Enterprises Co. Ltd., SL Power Electronics Corp., SynQor Inc., TDK-Lambda Corporation (TDK Corporation), Wall Industries Inc. (Continental Resources Inc.) and XP Power.

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The report has segmented the market on the basis of region,  type, converter type and application

Breakup by Type:

  • Open Frame Power Supply
  • Enclosed Power Supply
  • Adapter Power Supply
  • Converters

Breakup by Converter Type:

  • AC-DC Power Supply
  • DC-DC Power Supply

Breakup by Application:

  • Diagnostic, Imaging and Monitoring Equipment
  • Surgical Equipment
  • Home Medical Equipment
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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