Global Medical Power Supply Devices Market Growth 2023-2029

Global Medical Power Supply Devices Market Growth 2023-2029

Medical-grade power supplies have been specially designed to meet the IEC60601 medical equipment safety standard. IEC60601-rated power supplies must have effective and reliable isolation between the AC input to the power supply, the internal high voltage stages, and the DC output. Any shortcoming in isolation risks electric shock. Spacing between conductors and electronic components must be sufficient in order to meet the isolation standards and qualify the power supply for global medical certifications. In addition, medical power supplies use double or reinforced insulation and must adhere to stringent leakage requirements.

LPI (LP Information)' newest research report, the “Medical Power Supply Devices Industry Forecast” looks at past sales and reviews total world Medical Power Supply Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Power Supply Devices sales for 2023 through 2029. With Medical Power Supply Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Power Supply Devices industry.

This Insight Report provides a comprehensive analysis of the global Medical Power Supply Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Power Supply Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Power Supply Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Power Supply Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Power Supply Devices.

The global Medical Power Supply Devices market size is projected to grow from US$ 878.2 million in 2022 to US$ 1465.9 million in 2029; it is expected to grow at a CAGR of 1465.9 from 2023 to 2029.

Global top 5 players of medical power supply devices share 40% of the market, including Advanced Energy, Powerbox (Cosel Co), Delta Electronics, MEAN WELL, XP Power, etc. Asia-Pacific is the largest market of Medical Power Supply Devices, holding a share over 35%. Then Europe takes over 30%. In terms of type, AC-DC power supply devices share over 78% of the market, while DC-DC Power supply devices share 22%. In terms of application, Emergency medical equipment shares the largest percent of nearly 32%.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Power Supply Devices market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
AC-DC Power Supply Device
DC-DC Power Supply Device

Segmentation by application
Diagnostic Equipment
Dental Equipment
Emergency Medical Equipment
Monitoring Equipment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Advanced Energy
Powerbox (Cosel Co)
Delta Electronics
MEAN WELL
XP Power
TDK
Astrodyne TDI
SL Power
Inventus Power
SynQor
CUI Inc
RECOM Power
GlobTek
Cincon Electronics Co
Shenzhen Megmeet Electric
MORNSUN
Fuhua Electronic
Friwo
Enedo
Arch Electronics Corp

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Power Supply Devices market?

What factors are driving Medical Power Supply Devices market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Power Supply Devices market opportunities vary by end market size?

How does Medical Power Supply Devices break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.