PUBLISHER: KBV Research | PRODUCT CODE: 1432625
PUBLISHER: KBV Research | PRODUCT CODE: 1432625
North America Medical Batteries Market Size, Share & Trends Analysis Report By End-user, By Application, By Battery Type, By Country and Growth Forecast, 2023 - 2030
The North America Medical Batteries Market would witness market growth of 4.4% CAGR during the forecast period (2023-2030).
Wireless charging technologies are gaining prominence in the medical batteries market. This trend is particularly relevant for implantable devices, where wireless charging eliminates the need for surgical procedures to replace batteries. It also enhances patient comfort and reduces the risk of infections. Wireless charging technologies offer a paradigm shift by eliminating the need for surgical procedures to replace batteries in implantable devices. This is achieved through inductive or resonant wireless charging systems that enable power transfer to the implanted device without needing physical connections. The charging process can be initiated externally, typically through a charging pad or a specialized device, allowing for a non-invasive and efficient power replenishment.
Additionally, with the diverse requirements of medical devices, there is a growing trend toward customized battery solutions. Battery manufacturers work closely with medical device manufacturers to tailor battery specifications to specific healthcare devices' unique power needs and form factors. Large-scale medical equipment like MRI machines and CT scanners may have unique power demands and operational cycles. Customized battery solutions for these devices must align with their specific energy consumption patterns and operational modes. Devices like portable ventilators or continuous positive airway pressure (CPAP) machines may require batteries that prioritize energy density and reliability for extended use during critical situations.
The United States has a robust and continually growing demand for medical devices. The aging population, advancements in medical technology, and the prevalence of chronic diseases drive the need for a wide range of medical devices, many of which are powered by batteries. Hence, rising healthcare expenditure and home healthcare trends in North America will assist in the growth of the regional medical batteries market.
The US market dominated the North America Medical Batteries Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $467.6 million by 2030. The Canada market is experiencing a CAGR of 6.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.8% during (2023 - 2030).
Based on End-user, the market is segmented into Hospitals, Ambulatory Surgical Centers, Home Healthcare Settings, and Research Institutes. Based on Application, the market is segmented into Implantable Medical Devices, Portable & Wearable Medical Devices, and Non-implantable Medical Devices. Based on Battery Type, the market is segmented into Lithum-ion Batteries, Nickel-Metal Hydride (NiMH) Batteries, Alkaline Batteries, Zinc-Air Batteries, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Tadiran Batteries Ltd. (Saft Groupe SAS)
- KAYO Battery (Shenzhen) Company Limited
- Maxwell Technologies (UCAP Powers, INC.)
- Renata SA (The Swatch Group Ltd)
- Duracell U.S Operations Inc. (Berkshire Hathaway Inc.)
- Ultralife Corporation.
- EaglePicher Technologies
- Panasonic Holdings Corporation
- EnerSys
- GE HealthCare Technologies, Inc.
North America Medical Batteries Market Report Segmentation
By End-user
- Hospitals
- Ambulatory Surgical Centers
- Home Healthcare Settings
- Research Institutes
By Application
- Implantable Medical Devices
- Portable & Wearable Medical Devices
- Non-implantable Medical Devices
By Battery Type
- Lithum-ion Batteries
- Nickel-Metal Hydride (NiMH) Batteries
- Alkaline Batteries
- Zinc-Air Batteries
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Medical Batteries Market, by End-user
- 1.4.2 North America Medical Batteries Market, by Application
- 1.4.3 North America Medical Batteries Market, by Battery Type
- 1.4.4 North America Medical Batteries Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter's Five Forces Analysis
Chapter 4. North America Medical Batteries Market by End-user
- 4.1 North America Hospitals Market by Country
- 4.2 North America Ambulatory Surgical Centers Market by Country
- 4.3 North America Home Healthcare Settings Market by Country
- 4.4 North America Research Institutes Market by Country
Chapter 5. North America Medical Batteries Market by Application
- 5.1 North America Implantable Medical Devices Market by Country
- 5.2 North America Portable & Wearable Medical Devices Market by Country
- 5.3 North America Non-implantable Medical Devices Market by Country
Chapter 6. North America Medical Batteries Market by Battery Type
- 6.1 North America Lithum-ion Batteries Market by Country
- 6.2 North America Nickel-Metal Hydride (NiMH) Batteries Market by Country
- 6.3 North America Alkaline Batteries Market by Country
- 6.4 North America Zinc-Air Batteries Market by Country
- 6.5 North America Others Market by Country
Chapter 7. North America Medical Batteries Market by Country
- 7.1 US Medical Batteries Market
- 7.1.1 US Medical Batteries Market by End-user
- 7.1.2 US Medical Batteries Market by Application
- 7.1.3 US Medical Batteries Market by Battery Type
- 7.2 Canada Medical Batteries Market
- 7.2.1 Canada Medical Batteries Market by End-user
- 7.2.2 Canada Medical Batteries Market by Application
- 7.2.3 Canada Medical Batteries Market by Battery Type
- 7.3 Mexico Medical Batteries Market
- 7.3.1 Mexico Medical Batteries Market by End-user
- 7.3.2 Mexico Medical Batteries Market by Application
- 7.3.3 Mexico Medical Batteries Market by Battery Type
- 7.4 Rest of North America Medical Batteries Market
- 7.4.1 Rest of North America Medical Batteries Market by End-user
- 7.4.2 Rest of North America Medical Batteries Market by Application
- 7.4.3 Rest of North America Medical Batteries Market by Battery Type
Chapter 8. Company Profiles
- 8.1 Tadiran Batteries Ltd. (Saft Groupe SAS)
- 8.1.1 Company Overview
- 8.1.2 SWOT Analysis
- 8.2 Kayo Battery (Shenzhen) Company Limited
- 8.2.1 Company Overview
- 8.2.2 SWOT Analysis
- 8.3 EaglePicher Technologies
- 8.3.1 Company Overview
- 8.3.2 SWOT Analysis
- 8.4 Ultralife Corporation
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 SWOT Analysis
- 8.5 Panasonic Holdings Corporation
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 SWOT Analysis
- 8.6 Enersys
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental Analysis
- 8.6.4 SWOT Analysis
- 8.7 Maxwell Technologies (UCAP Power, Inc.)
- 8.7.1 Company Overview
- 8.7.2 SWOT Analysis
- 8.8 Renata SA (The Swatch Group Ltd)
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 SWOT Analysis
- 8.9 Duracell U.S Operations, Inc. (Berkshire Hathaway Inc.)
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 SWOT Analysis
- 8.10. GE HealthCare Technologies, Inc.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Medical Batteries Market, 2019 - 2022, USD Million
- TABLE 2 North America Medical Batteries Market, 2023 - 2030, USD Million
- TABLE 3 North America Medical Batteries Market by End-user, 2019 - 2022, USD Million
- TABLE 4 North America Medical Batteries Market by End-user, 2023 - 2030, USD Million
- TABLE 5 North America Hospitals Market by Country, 2019 - 2022, USD Million
- TABLE 6 North America Hospitals Market by Country, 2023 - 2030, USD Million
- TABLE 7 North America Ambulatory Surgical Centers Market by Country, 2019 - 2022, USD Million
- TABLE 8 North America Ambulatory Surgical Centers Market by Country, 2023 - 2030, USD Million
- TABLE 9 North America Home Healthcare Settings Market by Country, 2019 - 2022, USD Million
- TABLE 10 North America Home Healthcare Settings Market by Country, 2023 - 2030, USD Million
- TABLE 11 North America Research Institutes Market by Country, 2019 - 2022, USD Million
- TABLE 12 North America Research Institutes Market by Country, 2023 - 2030, USD Million
- TABLE 13 North America Medical Batteries Market by Application, 2019 - 2022, USD Million
- TABLE 14 North America Medical Batteries Market by Application, 2023 - 2030, USD Million
- TABLE 15 North America Implantable Medical Devices Market by Country, 2019 - 2022, USD Million
- TABLE 16 North America Implantable Medical Devices Market by Country, 2023 - 2030, USD Million
- TABLE 17 North America Portable & Wearable Medical Devices Market by Country, 2019 - 2022, USD Million
- TABLE 18 North America Portable & Wearable Medical Devices Market by Country, 2023 - 2030, USD Million
- TABLE 19 North America Non-implantable Medical Devices Market by Country, 2019 - 2022, USD Million
- TABLE 20 North America Non-implantable Medical Devices Market by Country, 2023 - 2030, USD Million
- TABLE 21 North America Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
- TABLE 22 North America Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
- TABLE 23 North America Lithum-ion Batteries Market by Country, 2019 - 2022, USD Million
- TABLE 24 North America Lithum-ion Batteries Market by Country, 2023 - 2030, USD Million
- TABLE 25 North America Nickel-Metal Hydride (NiMH) Batteries Market by Country, 2019 - 2022, USD Million
- TABLE 26 North America Nickel-Metal Hydride (NiMH) Batteries Market by Country, 2023 - 2030, USD Million
- TABLE 27 North America Alkaline Batteries Market by Country, 2019 - 2022, USD Million
- TABLE 28 North America Alkaline Batteries Market by Country, 2023 - 2030, USD Million
- TABLE 29 North America Zinc-Air Batteries Market by Country, 2019 - 2022, USD Million
- TABLE 30 North America Zinc-Air Batteries Market by Country, 2023 - 2030, USD Million
- TABLE 31 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 32 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 33 North America Medical Batteries Market by Country, 2019 - 2022, USD Million
- TABLE 34 North America Medical Batteries Market by Country, 2023 - 2030, USD Million
- TABLE 35 US Medical Batteries Market, 2019 - 2022, USD Million
- TABLE 36 US Medical Batteries Market, 2023 - 2030, USD Million
- TABLE 37 US Medical Batteries Market by End-user, 2019 - 2022, USD Million
- TABLE 38 US Medical Batteries Market by End-user, 2023 - 2030, USD Million
- TABLE 39 US Medical Batteries Market by Application, 2019 - 2022, USD Million
- TABLE 40 US Medical Batteries Market by Application, 2023 - 2030, USD Million
- TABLE 41 US Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
- TABLE 42 US Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
- TABLE 43 Canada Medical Batteries Market, 2019 - 2022, USD Million
- TABLE 44 Canada Medical Batteries Market, 2023 - 2030, USD Million
- TABLE 45 Canada Medical Batteries Market by End-user, 2019 - 2022, USD Million
- TABLE 46 Canada Medical Batteries Market by End-user, 2023 - 2030, USD Million
- TABLE 47 Canada Medical Batteries Market by Application, 2019 - 2022, USD Million
- TABLE 48 Canada Medical Batteries Market by Application, 2023 - 2030, USD Million
- TABLE 49 Canada Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
- TABLE 50 Canada Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
- TABLE 51 Mexico Medical Batteries Market, 2019 - 2022, USD Million
- TABLE 52 Mexico Medical Batteries Market, 2023 - 2030, USD Million
- TABLE 53 Mexico Medical Batteries Market by End-user, 2019 - 2022, USD Million
- TABLE 54 Mexico Medical Batteries Market by End-user, 2023 - 2030, USD Million
- TABLE 55 Mexico Medical Batteries Market by Application, 2019 - 2022, USD Million
- TABLE 56 Mexico Medical Batteries Market by Application, 2023 - 2030, USD Million
- TABLE 57 Mexico Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
- TABLE 58 Mexico Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
- TABLE 59 Rest of North America Medical Batteries Market, 2019 - 2022, USD Million
- TABLE 60 Rest of North America Medical Batteries Market, 2023 - 2030, USD Million
- TABLE 61 Rest of North America Medical Batteries Market by End-user, 2019 - 2022, USD Million
- TABLE 62 Rest of North America Medical Batteries Market by End-user, 2023 - 2030, USD Million
- TABLE 63 Rest of North America Medical Batteries Market by Application, 2019 - 2022, USD Million
- TABLE 64 Rest of North America Medical Batteries Market by Application, 2023 - 2030, USD Million
- TABLE 65 Rest of North America Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
- TABLE 66 Rest of North America Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
- TABLE 67 Key Information - Tadiran Batteries ltd.
- TABLE 68 Key Information - Kayo Battery (Shenzhen) Company Limited
- TABLE 69 Key Information - EaglePicher Technologies
- TABLE 70 Key Information - Ultralife Corporation
- TABLE 71 Key Information - Panasonic Holdings Corporation
- TABLE 72 Key Information - enersys
- TABLE 73 Key Information - Maxwell Technologies
- TABLE 74 Key Information - renata sa
- TABLE 75 Key Information - duracell U.S Operations, inc.
- TABLE 76 Key Information - GE HealthCare Technologies, Inc.
