Medical Batteries Market, by Product Type (Implantable Batteries {Pacemakers Batteries, Implantable Cardioverter Defibrillator Batteries, Neurostimulators Batteries, Cochlear Batteries, Infusion Pumps Batteries, and Other Implantable Batteries} and 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 and Other Non-Implantable Batteries}), by Battery Type (Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-air batteries), by End User (Hospitals and Nursing Homes, Clinics, Diagnostic Centers, Home Care Settings, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Batteries are becoming increasingly significant in improving the overall safety, performance, and reliability of many medical devices. Increasing demand for battery powered instruments and devices is expected to increasing the demand for medical batteries, due to advancement in surgical procedure to provide more precision. Medical batteries are classified into implantable devices batteries and non-implantable batteries. The use of medical batteries is increasing significantly especially in implantable medical devices such as pacemakers, cardioveter defibrillator, neurostimulators batteries, and cochlear batteries; and non-implantable devices such as diagnostic imaging device, patient monitoring device, critical care support, and in vitro diagnostics instrument. This is expected to aid in growth of the market.
Furthermore, recent advancement with zinc-air batteries, which are available in button sizes as direct replacements of other button-type batteries. Moreover, the use of coin-sized zinc-air batteries in portable electronic devices and personal medical equipment such as cardiac monitors and transmitters is expected to be another factor for growth of the global medical batteries market.
Market Dynamics
Increasing research and development is expected to drive the global medical batteries market growth over the forecast period. For instance, in December 2021, according to data published by National Center for Biotechnology Information, engineers at the University of British Columbia created a flexible waterproof battery that is durable enough to undergo multiple wash cycles. It functions when stretched to double its original length, made of low-cost materials, making it potentially highly suited for wearable health monitoring technology, such as items of clothing, patches, or watches that monitor vital signs. The researchers chose zinc and manganese dioxide to manufacture the flexible batteries because the battery is intended to be worn near the skin, and they wanted it to be as safe as possible in the event of leakage.
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