The global Medical Devices Batteries Market size was USD 2700.1 Million in 2021 and is expected to register a revenue CAGR of 6.3% during the forecast period, according to latest analysis by Emergen Research.
A few of the major factors influencing market revenue growth over the forecast period include the rising popularity of lithium-ion batteries, surge in demand for portable and implantable devices powered by batteries, rising prevalence of chronic diseases and cardiovascular diseases globally, and rising public and private expenditure to upgrade existing healthcare infrastructure. In addition, rising demand for lithium-ion batteries is anticipated to fuel market revenue expansion. A medical battery is an electrical component connected to other medical equipment so that they can receive electricity. A cell or linked set of cells that are designed to receive, store, and dispense electric energy as needed make up a medical battery.
A Global Medical Devices Batteries Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Medical Devices Batteries industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Medical Devices Batteries market, this study covers qualitative and quantitative aspects of the Medical Devices Batteries market. In addition to historical data from 2018 to 2019, the research study provides an accurate forecast until 2030 for the Medical Devices Batteries market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Resonetics, GE Healthcare (General Electric Company), Ultralife Corp., Texas Instruments, EnerSys, KAYO Battery (Shenzhen) Company Limited, Tadiran Batteries Ltd., Arotech Corporation, Saft, and Renata SA
Target Audience of the Global Medical Devices Batteries Market Report:
- Key Market Players
- Investors
- Venture capitalists
- Small- and medium-sized and large enterprises
- Third-party knowledge providers
- Value-Added Resellers (VARs)
- Global market producers, distributors, traders, and suppliers
- Research organizations, consulting companies, and various alliances interested in this sector
- Government bodies, independent regulatory authorities, and policymakers
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentations of the Medical Devices Batteries Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Medical Devices Batteries market on the basis of product, application, and region:
Segments Covered in this report are:
Product Type Outlook (Revenue, USD Million; 2019-2030)
- Implantable Batteries
- Pacemakers Batteries
- Implantable Cardioverter Defibrillator Batteries
- Neurostimulators Batteries
- Cochlear Batteries
- Infusion Pumps Batteries
- Others
- Non-Implantable Batteries
- Diagnostic Imaging Device Batteries
- Patient Monitoring Device Batteries
- Critical Care Support Batteries
- In Vitro Diagnostics Instrument Batteries
- Therapeutic Devices
- Prosthetic Device Batteries
- Others
- Implantable Batteries
Battery Type Outlook (Revenue, USD Million; 2019-2030)
- Lithium Batteries
- Nickel-Metal Hydride Batteries
- Zinc-air batteries
End use Outlook (Revenue, USD Million; 2019-2030)
- Hospitals
- Clinics
- Diagnostic Centers
- Home Care Settings
- Others
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Additional information offered by the report:
- Along with a complete overview of the global Medical Devices Batteries market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Medical Devices Batteries market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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