Medical Power Supply Devices Market, By Product Type, By Function, By End User, By Geography

Description

The global medical power supply devices market is estimated to be valued at US$ 1,784.6 Mn in 2024 and is expected to reach US$ 2,351.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 4% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 1,784.6 Mn
Historical Data for:	2019 To 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	4.00%	2031 Value Projection:	US$ 2,351.2 Mn

Figure. Medical Power Supply Devices Market Share (%), By Region 2024

Medical Power Supply Devices Market - IMG1

Medical power supply devices play a crucial role in powering various medical equipment used in hospitals, clinics, and other healthcare institutions. These devices ensure continuous supply of safe and regulated voltage to medical equipment like MRI machines, CT scanners, patient monitoring devices, respiratory devices, and others which are critical for diagnosis and treatment. Increase in aging population and rising prevalence of chronic diseases along with the demand for advanced medical facilities has augmented the demand for medical devices. This, in turn, has boosted the adoption of medical power supply devices across the globe. Rapid development of medical technology coupled with growing demand from developing nations presents lucrative growth opportunities for players operating in the global medical power supply devices market during the forecast period.

Market Dynamics:

Rising demand for advanced healthcare facilities due to growing prevalence of chronic diseases and aging population are some of the key factors driving the growth of global medical power supply devices market. In addition, increasing adoption of home healthcare devices due to benefits like convenience and affordability is positively impacting the market growth. However, high cost associated with these devices along with stringent regulatory approval process are the major factors impeding the market growth. Moreover, the development of medical technologies has increased the demand for newer medical power supply with advanced features. This has created growth opportunities for manufacturers with product innovations. The development of smaller, portable, and efficient power supply devices is another emerging trend witnessed in the market.

Key Features of the Study:

This report provides in-depth analysis of the global medical power supply devices market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global medical power supply devices market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Advanced Energy Industries, Inc., Astrodyne TDI, Cosel Co., Ltd., Delta Electronics, Inc., Emerson Electric Co., Excelsys Technologies Ltd., Friwo Geratebau GmbH, Globtek Inc., Inventus Power, Meanwell Enterprises Co., Ltd., Powerbox International AB, Protek Power, Recom Power GmbH, Synqor Inc., and TDK-Lambda Corporation

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global medical power supply devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical power supply devices market

Detailed Segmentation:

By Product Type
- Standard Medical Power Supply Device
- Configurable Power Supply Device
By Function
- AC-DC Power Supply Devices
- DC-DC Converters
By End User
- Hospitals
- Ambulatory
- Surgical Centers
- Clinics
- Long-term Care Centers
- Rehabilitation Centers
- Diagnostic Centers
- Home Care Settings
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Advanced Energy Industries, Inc.
- Astrodyne TDI
- Cosel Co., Ltd.
- Delta Electronics, Inc.
- Emerson Electric Co.
- Excelsys Technologies Ltd.
- Friwo Geratebau GmbH
- Globtek Inc.
- Inventus Power
- Meanwell Enterprises Co., Ltd.
- Powerbox International AB
- Protek Power
- Recom Power GmbH
- Synqor Inc.
- TDK-Lambda Corporation

Product Code: CMI3678

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Function
- Market Snippet, By End User
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Medical Power Supply Devices Market, By Product Type, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Standard Medical Power Supply Device
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Configurable Power Supply Device
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)

5. Global Medical Power Supply Devices Market, By Function, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
AC-DC Power Supply Devices
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
DC-DC Converters
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)

6. Global Medical Power Supply Devices Market, By End User, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Hospitals
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Ambulatory
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Surgical Centers
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Clinics
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Long-term Care Centers
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Rehabilitation Centers
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Diagnostic Centers
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)
Home Care Settings
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Mn)

7. Global Medical Power Supply Devices Market, By Region, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
North America
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Function, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Function, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Function, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Function, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Product Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Function, 2019-2031, (US$ Mn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Mn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Mn)
  - South Africa
  - Israel
  - GCC Countries
  - Rest of the Middle East & Africa

8. Competitive Landscape

Company Profiles
- Advanced Energy Industries, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Astrodyne TDI
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Cosel Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Delta Electronics, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Emerson Electric Co.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Excelsys Technologies Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Friwo Geratebau GmbH
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Globtek Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Inventus Power
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Meanwell Enterprises Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Powerbox International AB
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Protek Power
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Recom Power GmbH
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Synqor Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- TDK-Lambda Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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