Global Medical Battery Market: Trends, Opportunities and Competitive Analysis
It will take 3 working days to update any report and deliver. Old report copy will not be available. We will deliver only updated copies of the reports.
Medical Battery Market Trends and Forecast
The future of the global medical battery market looks promising in the segments of patient monitoring, general Medical Batterys, cardiovascular, orthopedic, and home healthcare. The global medical battery market is expected to reach an estimated $2.4 billion by 2027 with a CAGR of 4.9% from 2022 to 2027. The major drivers for this market are increasing demand for battery powered portable and implantable devices in medical diagnostic and therapeutic practices.
Emerging Trends in the Medical Battery Market
Emerging trends which have a direct impact on the dynamics of the market include increasing recycling of lithium-ion batteries to reduce waste and introduction of thin film batteries to make lightweight, smaller size wearable devices.
A total of 73 figures / charts and 52 tables are provided in this 202-page report to help in your business decisions. A sample figure with some insights is shown below. To learn the scope of, benefits, companies researched and other details of medical battery market in the healthcare industry report download the report brochure.
Medical Battery Market by Segments
In this market, lithium is the largest material market, whereas cardiovascular and other devices is largest market by application. Growth in various segments of the medical battery market are given below:
The study includes trends and forecast for the medical battery market by material, product, application, battery type, capacity type, and region as follows:
Medical Battery Market By Application [Value ($ Million) from 2016 to 2027]:
o Canada
o Mexico
o France
o United Kingdom
o Belgium
o Spain
o Italy
o India
o Japan
List of Medical Battery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medical battery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medical battery companies profiled in this report includes.
Q1. What is the medical battery market size?
Answer: The global medical battery market is expected to reach an estimated $2.4 billion by 2027.
Q2. What is the growth forecast for medical battery market?
Answer: The medical battery market is expected to grow at a CAGR of ~4.9% from 2022 to 2027.
Q3. What are the major drivers influencing the growth of the medical battery market?
Answer: The major drivers for this market are increasing demand for battery powered portable and implantable devices in medical diagnostic and therapeutic practices.
Q4. What are the major applications or end use industries for medical battery?
Answer: Patient Monitoring, General Medical, Cardiovascular, Orthopedic, Home Health, and Others are the major end use for medical battery.
Q5. What are the emerging trends in medical battery market?
Answer: Emerging trends which have a direct impact on the dynamics of the market include increasing recycling of lithium-ion batteries to reduce waste and introduction of thin film batteries to make lightweight, smaller size wearable devices.
Q6. Who are the key medical battery companies?
Answer: Some of the key medical battery companies are as follows:
Answer: 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.
Q8: In medical battery market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region and Asia Pacific expected to witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the medical battery market?
Q.5 What are the business risks and threats to the medical battery market?
Q.6 What are emerging trends in this medical battery market and the reasons behind them?
Q.7 What are some changing demands of customers in the medical battery market?
Q.8 What are the new developments in the medical battery market? Which companies are leading these developments?
Q.9 Who are the major players in the medical battery market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the medical battery market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the medical battery market?
For any questions related to medical battery market or related to medical battery market share, medical battery market analysis, medical battery market size, and medical battery manufacturing, write to Lucintel analysts at [email protected]. We will be glad to get back to you soon.
Medical Battery Market Trends and Forecast
The future of the global medical battery market looks promising in the segments of patient monitoring, general Medical Batterys, cardiovascular, orthopedic, and home healthcare. The global medical battery market is expected to reach an estimated $2.4 billion by 2027 with a CAGR of 4.9% from 2022 to 2027. The major drivers for this market are increasing demand for battery powered portable and implantable devices in medical diagnostic and therapeutic practices.
Emerging Trends in the Medical Battery Market
Emerging trends which have a direct impact on the dynamics of the market include increasing recycling of lithium-ion batteries to reduce waste and introduction of thin film batteries to make lightweight, smaller size wearable devices.
A total of 73 figures / charts and 52 tables are provided in this 202-page report to help in your business decisions. A sample figure with some insights is shown below. To learn the scope of, benefits, companies researched and other details of medical battery market in the healthcare industry report download the report brochure.
Medical Battery Market by Segments
In this market, lithium is the largest material market, whereas cardiovascular and other devices is largest market by application. Growth in various segments of the medical battery market are given below:
The study includes trends and forecast for the medical battery market by material, product, application, battery type, capacity type, and region as follows:
Medical Battery Market By Application [Value ($ Million) from 2016 to 2027]:
- Patient Monitoring Devices
- General Medical
- Cardiovascular Medical
- Orthopedic Devices
- Home Healthcare Devices
- Other Devices
- Lithium-ion
- Lead Acid
- Zinc Air
- Others
- Implantable Batteries
- Non-Implantable Batteries
- Rechargeable
- Non-Rechargeable
- Less than 1000 mAh
- 1000-2000 mAh
- Above 2000 mAh
- North America
o Canada
o Mexico
- Europe
o France
o United Kingdom
o Belgium
o Spain
o Italy
- APAC
o India
o Japan
- ROW
List of Medical Battery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies medical battery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the medical battery companies profiled in this report includes.
- Kholberg Kravish Roberts
- Boston Scientific
- GE Healthcare
- Siemens
- Integer Holding
- EaglePicher Technology
- Saft Group
- 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 Batterys.
- 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 Batterys. 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 Batterys for frequent self-monitoring and for disease treatment.
- 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.
- Market Size Estimates: Medical battery market size estimation in terms of value ($M).
- Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
- Segmentation Analysis: Medical battery market size by various segments, such as application, function, and end use.
- Regional Analysis: Medical battery market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different material, product, application, battery type, capacity type, and regions for medical battery market.
- Strategic Analysis: This includes M&A and competitive landscape for the medical battery.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Q1. What is the medical battery market size?
Answer: The global medical battery market is expected to reach an estimated $2.4 billion by 2027.
Q2. What is the growth forecast for medical battery market?
Answer: The medical battery market is expected to grow at a CAGR of ~4.9% from 2022 to 2027.
Q3. What are the major drivers influencing the growth of the medical battery market?
Answer: The major drivers for this market are increasing demand for battery powered portable and implantable devices in medical diagnostic and therapeutic practices.
Q4. What are the major applications or end use industries for medical battery?
Answer: Patient Monitoring, General Medical, Cardiovascular, Orthopedic, Home Health, and Others are the major end use for medical battery.
Q5. What are the emerging trends in medical battery market?
Answer: Emerging trends which have a direct impact on the dynamics of the market include increasing recycling of lithium-ion batteries to reduce waste and introduction of thin film batteries to make lightweight, smaller size wearable devices.
Q6. Who are the key medical battery companies?
Answer: Some of the key medical battery companies are as follows:
- Kholberg Kravish Roberts
- Boston Scientific
- GE Healthcare
- Siemens
- Integer Holding
- EaglePicher Technology
- Saft Group
Answer: 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.
Q8: In medical battery market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region and Asia Pacific expected to witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1 What are some of the most promising potential, high-growth opportunities for the 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the medical battery market?
Q.5 What are the business risks and threats to the medical battery market?
Q.6 What are emerging trends in this medical battery market and the reasons behind them?
Q.7 What are some changing demands of customers in the medical battery market?
Q.8 What are the new developments in the medical battery market? Which companies are leading these developments?
Q.9 Who are the major players in the medical battery market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the medical battery market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the medical battery market?
For any questions related to medical battery market or related to medical battery market share, medical battery market analysis, medical battery market size, and medical battery manufacturing, write to Lucintel analysts at [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. INDUSTRY BACKGROUND AND CLASSIFICATION
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2016 TO 2027
3.1: Macroeconomic Trends and Forecast
3.2: Global Medical Battery Market Trends and Forecast
3.3: Global Medical Battery Market by Material
3.3.1: Lithium
3.3.2: Lead Acid
3.3.3: Zinc Air
3.3.4: Other Materials
3.4: Global Medical Battery Market by Product
3.4.1: Implantable
3.4.2: Non-Implantable
3.5: Global Medical Battery Market by Battery Type
3.5.1: Rechargeable
3.5.2: Non-Rechargeable
3.6 Global Medical Battery Market by Application Type
3.6.1: Patient Monitoring Devices
3.6.2: General Medical Device Batteries
3.6.3: Cardiovascular Medical Device Battery
3.6.4: Orthopedic Device Battery
3.6.5: Home Healthcare Device Battery
3.6.6: Other Device Batteries
3.7: Global Medical Battery Market by Capacity Type
3.7.1: Less than 1000 mAh
3.7.2: 1000-2000 mAh
3.7.3: Above 2000 mAh
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION
4.1: Global Medical Battery Market by Region
4.2: North American Global Medical Battery Market
4.2.1: United States Medical Battery Market
4.2.2: Canadian Medical Battery Market
4.2.3: Mexican Medical Battery Market
4.2.4: Market by Product: Implantable and Non-Implantable
4.2.5: Market by Material: Lithium, Lead Acid, Zinc Air, and Others
4.2.6: Market by Application Type: Patient Monitoring Devices, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.2.7: Market by Capacity Type: Less than 1000 mAh, 1000-2000 mAh, and Above 2000 mAh
4.3: European Medical Battery Market
4.3.1: United Kingdom Medical Battery Market
4.3.2: Italian Medical Battery Market
4.3.3: French Medical Battery Market
4.3.4: German Medical Battery Market
4.3.5: Spanish Medical Battery Market
4.3.6: Market by Product: Implantable and Non-Implantable
4.3.7: Market by Material: Lithium, Lead Acid, Zinc Air, and Other Material
4.3.8: Market by Application Type: Patient Monitoring Devices, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.3.9: Market by Capacity Type: Less than 1000 mAh, 1000-2000 mAh, and Above 2000 mAh
4.4: APAC Medical Battery Market
4.4.1: Japanese Medical Battery Market
4.4.2: Chinese Medical Battery Market
4.4.3: Indian Medical Battery Market
4.4.4: Market by Product: Implantable and Non-Implantable
4.4.5: Market by Material: Lithium, Lead Acid, Zinc Air, and Other Materials
4.4.6: Market by Application Type: Patient Monitoring Devices, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.4.7: Market by Capacity Type: Less than 1000 mAh, 1000-2000 mAh, and Above 2000 mAh
4.5: ROW Medical Battery Market
4.5.1: Brazilian Medical Battery Market
4.5.2: Market by Product: Implantable and Non-Implantable
4.5.3: Market by Material: Lithium, Lead Acid, Zinc Air, and Other Materials
4.5.4: Market by Application Type: Patient Monitoring Devices, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.5.5: Market by Capacity Type: Less than 1000 mAh, 1000-2000 mAh, and Above 2000 mAh
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Ranking of Major Players
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Medical Battery Market by Material Type
6.1.2: Growth Opportunities for the Global Medical Battery Market by Application
6.1.3: Growth Opportunities for the Global Medical Battery Market by Product
6.1.4: Growth Opportunities for the Global Medical Battery Market by Capacity
6.1.5: Growth Opportunities for the Global Medical Battery Market by Region
6.2: Emerging Trends in the Global Medical Battery Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Mergers and Acquisitions in the Global Medical Battery Market
6.3.3: Certification and Licensing
6.3.4: Technology Development
6.3.5: Capacity Expansion
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: GE Healthcare
7.2: Siemens AG
7.3: Kholberg Kravish Roberts (Panasonic)
7.4: Boston Scientific Corporation
7.5: Integer Holdings Corporation
7.6: EaglePicher Technologies, LLC
7.7: Saft Groupe S. A. (Total)
7.8: Ultralife Corporation
7.9: Vitec Group PLC
7.10: EnerSys
7.11: Shenzen Kayo Battery
2. INDUSTRY BACKGROUND AND CLASSIFICATION
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2016 TO 2027
3.1: Macroeconomic Trends and Forecast
3.2: Global Medical Battery Market Trends and Forecast
3.3: Global Medical Battery Market by Material
3.3.1: Lithium
3.3.2: Lead Acid
3.3.3: Zinc Air
3.3.4: Other Materials
3.4: Global Medical Battery Market by Product
3.4.1: Implantable
3.4.2: Non-Implantable
3.5: Global Medical Battery Market by Battery Type
3.5.1: Rechargeable
3.5.2: Non-Rechargeable
3.6 Global Medical Battery Market by Application Type
3.6.1: Patient Monitoring Devices
3.6.2: General Medical Device Batteries
3.6.3: Cardiovascular Medical Device Battery
3.6.4: Orthopedic Device Battery
3.6.5: Home Healthcare Device Battery
3.6.6: Other Device Batteries
3.7: Global Medical Battery Market by Capacity Type
3.7.1: Less than 1000 mAh
3.7.2: 1000-2000 mAh
3.7.3: Above 2000 mAh
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION
4.1: Global Medical Battery Market by Region
4.2: North American Global Medical Battery Market
4.2.1: United States Medical Battery Market
4.2.2: Canadian Medical Battery Market
4.2.3: Mexican Medical Battery Market
4.2.4: Market by Product: Implantable and Non-Implantable
4.2.5: Market by Material: Lithium, Lead Acid, Zinc Air, and Others
4.2.6: Market by Application Type: Patient Monitoring Devices, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.2.7: Market by Capacity Type: Less than 1000 mAh, 1000-2000 mAh, and Above 2000 mAh
4.3: European Medical Battery Market
4.3.1: United Kingdom Medical Battery Market
4.3.2: Italian Medical Battery Market
4.3.3: French Medical Battery Market
4.3.4: German Medical Battery Market
4.3.5: Spanish Medical Battery Market
4.3.6: Market by Product: Implantable and Non-Implantable
4.3.7: Market by Material: Lithium, Lead Acid, Zinc Air, and Other Material
4.3.8: Market by Application Type: Patient Monitoring Devices, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.3.9: Market by Capacity Type: Less than 1000 mAh, 1000-2000 mAh, and Above 2000 mAh
4.4: APAC Medical Battery Market
4.4.1: Japanese Medical Battery Market
4.4.2: Chinese Medical Battery Market
4.4.3: Indian Medical Battery Market
4.4.4: Market by Product: Implantable and Non-Implantable
4.4.5: Market by Material: Lithium, Lead Acid, Zinc Air, and Other Materials
4.4.6: Market by Application Type: Patient Monitoring Devices, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.4.7: Market by Capacity Type: Less than 1000 mAh, 1000-2000 mAh, and Above 2000 mAh
4.5: ROW Medical Battery Market
4.5.1: Brazilian Medical Battery Market
4.5.2: Market by Product: Implantable and Non-Implantable
4.5.3: Market by Material: Lithium, Lead Acid, Zinc Air, and Other Materials
4.5.4: Market by Application Type: Patient Monitoring Devices, General Medical Devices, Cardiovascular Devices, Orthopedic Devices, Home Healthcare Devices, and Other Devices
4.5.5: Market by Capacity Type: Less than 1000 mAh, 1000-2000 mAh, and Above 2000 mAh
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Ranking of Major Players
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Medical Battery Market by Material Type
6.1.2: Growth Opportunities for the Global Medical Battery Market by Application
6.1.3: Growth Opportunities for the Global Medical Battery Market by Product
6.1.4: Growth Opportunities for the Global Medical Battery Market by Capacity
6.1.5: Growth Opportunities for the Global Medical Battery Market by Region
6.2: Emerging Trends in the Global Medical Battery Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Mergers and Acquisitions in the Global Medical Battery Market
6.3.3: Certification and Licensing
6.3.4: Technology Development
6.3.5: Capacity Expansion
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: GE Healthcare
7.2: Siemens AG
7.3: Kholberg Kravish Roberts (Panasonic)
7.4: Boston Scientific Corporation
7.5: Integer Holdings Corporation
7.6: EaglePicher Technologies, LLC
7.7: Saft Groupe S. A. (Total)
7.8: Ultralife Corporation
7.9: Vitec Group PLC
7.10: EnerSys
7.11: Shenzen Kayo Battery
