PUBLISHER: IMARC | PRODUCT CODE: 1287553
PUBLISHER: IMARC | PRODUCT CODE: 1287553
Medical Power Supply Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global medical power supply market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.83% during 2023-2028.
Medical power supply refers to the equipment used for delivering current to medical devices. They are used with conductors and electronic components to provide isolation between the alternating current (AC) input, internal high voltage systems and the direct current (DC) output. Some of the commonly used medical power supply systems include enclosed, open frame, external, configurable, U-bracket and encapsulated devices. They utilize reinforced insulation materials and AC-DC and DC-DC power supplies. They are used in diagnostic, medical monitoring, home patient care, dental and surgical equipment. These devices reduce electromagnetic interference and minimize the risks of electric shocks and current leakages. As a result, they are widely used in diagnostic centers, hospitals, clinics and research laboratories.
Medical Power Supply Market Trends:
Significant growth in the medical industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, rising concerns regarding patient safety is providing a thrust to the market growth. With the increasing adoption of portable, smaller and lightweight medical equipment, healthcare organizations are widely utilizing medical power supply systems to provide effective care to the patient. Additionally, due to the onset of the coronavirus (Covid-19) pandemic, medical power supply systems are being extensively used to operate advanced equipment, such as ventilators, oxygen concentrators, magnetic resonance imaging (MRI), CT scan, electrocardiograph (ECG) and multiparameter patient monitoring devices. In line with this, the increasing preference for in-home patient care among the masses is also contributing to the market growth. Other factors, including the widespread adoption of data centers to maintain electronic health records (EHRs), along with extensive improvements in the healthcare infrastructure, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global medical power supply market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, converter type and application.
Breakup by Type:
Open Frame Power Supply
Enclosed Power Supply
Adapter Power Supply
Converters
Breakup by Converter Type:
AC-DC Power Supply
DC-DC Power Supply
Breakup by Application:
Diagnostic, Imaging and Monitoring Equipment
Surgical Equipment
Home Medical Equipment
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Energy Industries Inc., Cosel Co. Ltd., CUI Inc., Delta Electronics Inc., FRIWO Geratebau GmbH, GlobTek Inc., MEAN WELL Enterprises Co. Ltd., SL Power Electronics Corp., SynQor Inc., TDK-Lambda Corporation (TDK Corporation), Wall Industries Inc. (Continental Resources Inc.) and XP Power.
Key Questions Answered in This Report
1. What was the size of the global medical power supply market in 2022?
2. What is the expected growth rate of the global medical power supply market during 2023-2028?
3. What are the key factors driving the global medical power supply market?
4. What has been the impact of COVID-19 on the global medical power supply market?
5. What is the breakup of the global medical power supply market based on the type?
6. What is the breakup of the global medical power supply market based on the converter type?
7. What is the breakup of the global medical power supply market based on the application?
8. What are the key regions in the global medical power supply market?
9. Who are the key players/companies in the global medical power supply market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Medical Power Supply Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Open Frame Power Supply
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Enclosed Power Supply
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Adapter Power Supply
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Converters
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Converter Type
- 7.1 AC-DC Power Supply
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 DC-DC Power Supply
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Diagnostic, Imaging and Monitoring Equipment
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Surgical Equipment
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Home Medical Equipment
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Advanced Energy Industries Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Cosel Co. Ltd.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 CUI Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Delta Electronics Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 FRIWO Geratebau GmbH
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 GlobTek Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 MEAN WELL Enterprises Co. Ltd.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 SL Power Electronics Corp.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 SynQor Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 TDK-Lambda Corporation (TDK Corporation)
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Wall Industries Inc. (Continental Resources Inc.)
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 XP Power
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.1 Advanced Energy Industries Inc.
List of Figures
- Figure 1: Global: Medical Power Supply Market: Major Drivers and Challenges
- Figure 2: Global: Medical Power Supply Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Medical Power Supply Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Medical Power Supply Market: Breakup by Type (in %), 2022
- Figure 5: Global: Medical Power Supply Market: Breakup by Converter Type (in %), 2022
- Figure 6: Global: Medical Power Supply Market: Breakup by Application (in %), 2022
- Figure 7: Global: Medical Power Supply Market: Breakup by Region (in %), 2022
- Figure 8: Global: Medical Power Supply (Open Frame Power Supply) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Medical Power Supply (Open Frame Power Supply) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Medical Power Supply (Enclosed Power Supply) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Medical Power Supply (Enclosed Power Supply) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Medical Power Supply (Adapter Power Supply) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Medical Power Supply (Adapter Power Supply) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Medical Power Supply (Converters) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Medical Power Supply (Converters) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Medical Power Supply (AC-DC Power Supply) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Medical Power Supply (AC-DC Power Supply) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Medical Power Supply (DC-DC Power Supply) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Medical Power Supply (DC-DC Power Supply) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Medical Power Supply (Diagnostic, Imaging and Monitoring Equipment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Medical Power Supply (Diagnostic, Imaging and Monitoring Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Medical Power Supply (Surgical Equipment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Medical Power Supply (Surgical Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Medical Power Supply (Home Medical Equipment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Medical Power Supply (Home Medical Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Medical Power Supply (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Medical Power Supply (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: North America: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: North America: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: United States: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: United States: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Canada: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Canada: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Asia-Pacific: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Asia-Pacific: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: China: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: China: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Japan: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Japan: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: India: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: India: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: South Korea: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: South Korea: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Australia: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Australia: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Indonesia: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Indonesia: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Others: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Others: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Europe: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Europe: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Germany: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Germany: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: France: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: France: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: United Kingdom: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: United Kingdom: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Italy: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Italy: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Spain: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Spain: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Russia: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Russia: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Latin America: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Latin America: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Brazil: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Brazil: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Mexico: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Mexico: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Middle East and Africa: Medical Power Supply Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Middle East and Africa: Medical Power Supply Market: Breakup by Country (in %), 2022
- Figure 76: Middle East and Africa: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Global: Medical Power Supply Industry: SWOT Analysis
- Figure 78: Global: Medical Power Supply Industry: Value Chain Analysis
- Figure 79: Global: Medical Power Supply Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Medical Power Supply Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Medical Power Supply Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Medical Power Supply Market Forecast: Breakup by Converter Type (in Million US$), 2023-2028
- Table 4: Global: Medical Power Supply Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Medical Power Supply Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Medical Power Supply Market: Competitive Structure
- Table 7: Global: Medical Power Supply Market: Key Players
