According to the recent study the medical battery market is projected to reach an estimated $2.4 billion by 2027 from $1.8 billion in 2021, at a CAGR of 5.1% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for battery powered portable and implantable devices in medical diagnostic and therapeutic practices.
Browse 73 figures /
charts and 52 tables in this 202-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 osthers), 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).
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on below link https://www.lucintel.com/medical-battery-market.aspx
“Cardiovascular market is expected to
remain the largest segment during the forecast period.”
Based on application,
the medical battery market is segmented into patient monitoring, general
medical, cardiovascular medical, orthopedic, home healthcare, and other devices.
Lucintel forecasts that the cardiovascular market is expected to remain the
largest segment due to increasing chronic and cardiovascular diseases in
various regions.
“Within the medical battery market, the non-implantable segment is
expected to remain the largest product.”
Based on product the non-implantable
segment is expected to witness the highest growth over the forecast period due
to increasing healthcare awareness and demand for portable Medical Batterys for
frequent self-monitoring and for disease treatment.
“North America will dominate the medical battery market in near
future.”
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.
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Major players of medical
battery market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Kholberg Kravish
Roberts, Boston Scientific, GE Healthcare, Siemens, Integer Holding,
EaglePicher Technology, and Saft Group are among the major 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 click on this link https://www.lucintel.com/medical-battery-market.aspx or helpdesk@lucintel.com.
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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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