External Medical Power Supply Market by 2017 Forecasts Highest Growth – Compact & Portable Medical Devices Drives The Market Says A Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) July 16, 2013 -- The global market for medical power supply was estimated at $642.0 million in 2012 and is poised to grow at a CAGR of 6.2% from 2012 to 2017 to reach $866.8 million by 2017.
The global medical power supply market is categorized into three broad segments – by technology, by type, and by application. The global medical power supply market by technology is broadly categorized into AC-DC and DC-DC power supply. The medical power supply market by type is categorized into enclosed, open frame, external, configurable and encapsulated power supply and the medical power supply application market (http://www.reportsnreports.com/reports/265605-medical-power-supply-market-by-technology-ac-dc-dc-dc-power-supply-type-external-enclosed-configurable-encapsulated-application-mri-x-ray-ct-ultrasound-eeg-ecg-blood-pressure-monitor-ventilator-pap-vad-forecasts-to-2017.html) is categorized into diagnostic equipment, medical monitoring equipment, home patient care equipment, dental equipment, and surgical equipment.
Rise in high efficiency and digitally controlled power supply, opportunities in emerging economies, advancement in medical device technology and portable medical equipment, increasing aging population, and increasing incidences of lifestyle diseases are boosting the growth of the market. The medical power supply market is, however, restrained by stringent regulatory and certification systems, and the economic downturn. Opportunities such as growth in medical device market, upsurge in home patient care, and shift towards mobile medical devices are likely to propel the market in the coming years.
The external medical power supply market is expected to show the highest growth due to an upsurge in compact, portable medical devices, which increasingly employ external medical power supply. The upswing in home healthcare market which involves smaller, portable and convenient to use medical devices is another factor bolstering the growth of external power supply market.
The global medical power supply market is dominated by North America, followed by Europe, Asia, and Rest of the World (RoW). North America will continue to lead the medical power supply market in the forecast period, followed by Europe. Growth of the North American market is likely to be driven by the growing medical device market, incessant launch of innovative power supplies to meet the burgeoning demand of medical devices used for diagnosis or therapeutics, reimbursements offered by Centers for Medicare and Medicaid Services (CMS) for medical devices, rise in number of people suffering from chronic diseases, and rise in aging population.
Over the next five years, the growth of the medical power supply market in the Asian region is likely to be centered at, China, India, Taiwan, Korea, and Singapore. The growth will be driven by the improvement in the standard of living, greater access to medical treatment, and an upsurge in availability of technical support for healthcare. Moreover, prominent power supply manufacturers are opening their manufacturing facilities in the Asian subcontinent, especially in China. This is fueling the growth of this market in this region.
Some of the major players operating in the market are TDK Lambda (Japan), SL Power Electronics (U.S.), Emerson Network Power (U.S.), XP Power (Singapore), Powerbox (Sweden), Astrodyne Corporation (U.S.), Excelsys Technology (Ireland), ICCNexergy (U.S.), CUI, Inc. (U.S.), Delta Electronics, Inc. (Taiwan), FRIWO Gerätebau GmbH (Germany), Mean Well Enterprises Co., Ltd (Taiwan), GlobTek, Inc. (U.S.), SynQor, Inc. (U.S.), and Wall Industries, Inc. (U.S.).
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Scope of the Report
The report provides comprehensive analysis of the global medical power supply market. Each market is comprehensively analyzed at a granular level by geography (U.S., Europe, Asia and Rest of the World (RoW)) to provide in-depth information on the global scenario.
Global Medical Power Supply Market Segmentation
By Technology:
• AC-DC power supply
• DC-DC power supply
By Type:
• External
• Open frame
• U Bracket
• Enclosed
• Configurable
• Encapsulated
By Application:
Diagnostic Equipment (http://www.reportsnreports.com/tags/diagnostic-imaging-market-research.html)
• MRI
• X-ray
• CT
• PET
• Ultrasound
• Blood Analyzers
• Others
Medical Monitoring
• Multi parameter monitor
• Blood Pressure Monitor
• Anesthesia monitor
• MEG
• EEG
• ECG
• Others
Home Patient Care
• PAP devices
• Infusion Pumps
• Ventricular assist devices
• Pulse Oximeters
• Portable Nebulizers
• Portable suction device
• Oxygen Concentrators
• Ventilators
• Dialysis devices
• Others
Dental Equipment
• CAD/CAM systems
• Oral care equipment
• Digital radiology equipment
• Dental Chairs
• X-ray machines
• Others
Surgical Equipment
• Ophthalmic surgery equipment
• Surgical Lasers
• Robotic surgical devices
• Cosmetic surgery equipment
• Others
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