Medical Power Supply Devices Market Projected to Amplify During 2014 - 2023

The Medical Power Supply Devices Market research report provided by Crystal Market Research (CMR) is the most detailed study about Medical Power Supply Devices that is estimated to grow at a tremendous rate over the forecast period 2018-2023. This report contains precise and updated insights in respect with the leading market players and prevailing regions of the business.

Industry Highlights:

The Medical Power Supply Devices Market was worth USD 0.72 billion in 2014 and is expected to reach approximately USD 1.28 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.57% during the forecast period. Power supplies are electrical or electronic equipment, which change the type of a source of intensity into a coveted shape to guarantee similarity with hardware being used. Medical power supply devices are utilized as a part of an extensive variety of medicinal applications, for example, patient monitors, X-ray, MRI, PET and CT scanners, MRI, blood analyzers, dental equipment, DNA gear, and robotic surgical devices. Selection and specification of power supplies for medical applications by medicinal services establishments is an assignment that should be executed successfully; particularly, because of incessant changes in the security and natural norms for medical equipment.

Competitive Insights:

The leading players in the market are Artesyn Technologies, CUI Inc, GlobTek Inc, Astrodyne TDI Corporation, Delta Electronics, Powerbox International AB, XP Power and SL Power Electronics. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Regional Outlook and Trend Analysis:

Asia Pacific was the biggest market in 2015. It is anticipated to continue dominating in the medical power supply devices market over a long period. Throughout the following five years, the development of the market in the Asian locale is probably going to be focused at Singapore, China, South Korea, India, and Taiwan. Additionally, the more conspicuous supply manufactures are opening their manufacturing bases in the Asian subcontinent; particularly in China.

The Medical Power Supply Devices Market is segmented as follows-

By Product Type: Standard medical power supply: (Enclosed Power Supply Devices, Open Frame Power Supply Devices, External Power Supply Devices & Encapsulated Power Supply Devices), Configurable medical power supply: (External Power Supply Devices, Enclosed Power Supply Devices, Encapsulated Power Supply Devices & Open Frame Power Supply Devices)

By Function: DC-DC Converters & AC-DC Power Supply Devices

By End User: Ambulatory Surgical Centers, Clinics, Diagnostic Centers, Hospitals, Rehabilitation Centers, Long Term Care Centers & Home Care Settings

By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)

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Drivers and Restraints:

Presently, ascend in aged populace over the globe is prompting increased demand for biotechnology, pharmaceutical, and medical device products. The aged populace needs more help and medicinal care and, thusly, an extensive variety of medical devices going from basic dispensable supplies, including face covers and syringes, to persistent treatment and monitoring instruments. Worldwide maturing populace is expanding quickly. By 2050, the aged populace is anticipated to represent 22% of the general worldwide population. Increasing predominance of chronic ailment and conditions, for example, stroke, obesity, heart diseases, diabetes, stoutness, and arthritis, is increasing the adoption of diagnostic equipment and frameworks and screen and display devices in hospitals and symptomatic focuses, among others. AC-DC power supply devices segment has been assessed to represent about 64 percent share in the worldwide therapeutic power supply devices market esteem in 2017, and is anticipated to hold its predominance in the market all through the conjecture time frame. Income contribution of AC-DC control supply section to the worldwide medical power supply devices market is anticipated to increase significantly over the forecast period.

Major Table of Contents:

Chapter 1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

Chapter 2. Executive Summary

2.1. Key Highlights

Chapter 3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

… Read Full Table of Contents

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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