According to the recent study the medical battery market is projected to reach an estimated $3 billion by 2030 from $2 billion in 2023 at a CAGR of 5% from 2023 to 2030. Growth in this market is primarily driven by increasing demand for battery powered portable and implantable devices in medical diagnostic and therapeutic practices.
Browse 115 figures/charts
and 106 tables in this 229-page report to understand trends, opportunities and
forecast in medical battery market by application (patient monitoring, general
medical, cardiovascular medical, orthopedic, home healthcare, and other
devices), battery chemistry type (lithium-ion, lead acid, zinc air, and others),
product (implantable and non-implantable), battery type (rechargeable and
non-rechargeable), capacity type (0-1000 mAh, 1000-2000 mAh, and 2000-above
mAh), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel forecasts that
lithium-ion batteries will remain the largest segment as well as witness the
highest growth over the forecast period due to their unique characteristics,
such as high voltage and energy density. These qualities make lithium-ion
batteries the preferred choice for implantable medical battery.
In the global medical
battery market, the cardiovascular device battery segment is expected to witness
the highest growth over the forecast period due to increasing chronic and
cardiovascular diseases in various regions.
In this market,
implantable and non-implantable batteries are used in various medical battery.
The non-implantable battery segment is projected to remain the largest market
over the forecast period due to increasing healthcare awareness and demand for
portable medical batteries for frequent self-monitoring and for disease
treatment.
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North America is
anticipated to remain the largest market due to its advanced healthcare
infrastructure. APAC is expected to witness the highest growth over the
forecast period due to increasing awareness and advancement of healthcare in
this region.
Kholberg Kravish
Roberts, Boston Scientific, GE Healthcare, Siemens, Integer Holding,
EaglePicher Technology, and Saft Group are the major suppliers in the medical
battery providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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