Emergen Research has published a novel research report titled, “Global Medical Devices Batteries Market Forecast to 2032”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Medical Devices Batteries Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.

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. 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. 

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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. Numerous medical equipment is powered by lithium and lithium-ion batteries because to their small size, low weight, outstanding performance, high energy density, and short lifespan. They are ideal for electrical and medical equipment because of these qualities. As gadgets becoming smaller, more portable, and more popular in homes, many designers and manufacturers are searching for an energy source that is both smaller and more portable while also delivering greater power and performance.

Competitive Terrain:

The global Medical Devices Batteries industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

Leading Market Players Profiled in the Report:

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.

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Key insights presented in the report:

Market revenue shares by major business players, by type, by application, and market scope of global Medical Devices Batteries market

Sales revenue by key players and new entrants

Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers

Recent mergers, acquisitions, product launches, recent investments, and joint ventures

Regional analysis to provide insight into recent trends and opportunities

Emergen Research has segmented the global Medical Devices Batteries market based on product type, battery type, end-use, and region:

  • Product Type Outlook (Revenue, USD Million; 2019-2030)

    • Implantable Batteries
      1. Pacemakers Batteries
      2. Implantable Cardioverter Defibrillator Batteries
      3. Neurostimulators Batteries
      4. Cochlear Batteries
      5. Infusion Pumps Batteries
      6. Others
    • Non-Implantable Batteries
      1. Diagnostic Imaging Device Batteries
      2. Patient Monitoring Device Batteries
      3. Critical Care Support Batteries
      4. In Vitro Diagnostics Instrument Batteries
      5. Therapeutic Devices
      6. Prosthetic Device Batteries
      7. Others
  • 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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Regional Outlook:

North America (the U.S., Canada, Mexico)

Europe (the U.K., Germany, France, Italy)

Asia Pacific (India, China, Japan, Korea)

Latin America (Brazil, Argentina, Ecuador, Chile)

Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)

Key Questions Answered in the Report:

What will be the estimated growth rate of the Medical Devices Batteries market by 2030?

Who are the prominent distributors, vendors, and manufacturers of the market?

What are the driving and restraining factors of the growth of the Medical Devices Batteries market throughout the forecast period?

What are the current and future market trends of the Medical Devices Batteries market?

What are the sales and price analysis of the product by types, applications, and regions?

What are the expected opportunities for the companies and new entrants in the coming years?

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