The strategic aspect of the business or market including product development and specification, innovation, exploring niche opportunities, application modelling, and new geographical markets can be resolved with the huge information and data mentioned into this Medical Power Supply Market report. The data and analysis canvassed in this report bring into light the types of consumers, their preferences about the product, their purchasing intentions and their thoughts for the setup of a product.
Medical-grade power supplies have been specially designed to meet the IEC60601 medical equipment safety standard. IEC60601-rated power supplies must have effective and reliable isolation between the AC input to the power supply, the internal high voltage stages, and the DC output. Any shortcoming in isolation risks electric shock. Spacing between conductors and electronic components must be sufficient in order to meet the isolation standards and qualify the power supply for global medical certifications. In addition, medical power supplies use double or reinforced insulation and must adhere to stringent leakage requirements.
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Medical power supply is instrument or equipment used in a wide range of medical applications. Power supply devices are distinct and unconnected devices. Many times, they are integrated into larger devices/equipment. Latest technology is providing a way for the introduction of innovation devices/equipment with enhanced features. They are anticipated to fuel the medical power supply market and devices in advanced regions of world.
Market Analysis: Global Medical Power Supply Market
The Global Medical Power Supply Market accounted to USD 840.6 billion, growing at a CAGR of 7.5%during the forecast by 2024. This rise in market value can be attributed to the growth in geriatric population and different diseases.
Top Competitors: Global Medical Power Supply Market
- MEAN WELL Enterprises Co.,
- TDK-Lambda Corporation,
- AspenCore, Inc.,
- Delta Air Lines, Inc.,
- Spellman High Voltage Electronics Corporation,
- XP Power,
- CUI Global, Inc.,
- SynQor, Inc.,
- PowerBox Systems,
- Vertiv Co.,
- Emerson Electric Co.,
- Wall Industries, Inc.,
- GlobTek, Inc.,
- SL Power Electronics Corp.,
- Astrodyne TDI Power Supplies & EMI Filters,
- Handy & Harman LTD.,
- Protek Power N.A.,
- FUJIFILM Holdings Corporation,
- GENERAL ELECTRIC among others.
Table of Content: Global Medical Power Supply Market
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Medical Power Supply Market Landscape
Part 04: Global Medical Power Supply Market Sizing
Part 05: Global Medical Power Supply Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Major market drivers and restraints:
- Subsidy and Infrastructural Developments
- Progressions in Medical Power Supply Products
- Improvement in the Living Standard
- Grown Focus Towards Home Healthcare
Market Segmentation: Global Medical Power Supply Market
- By current type the global medical power supply market is segmented into AC-DC Power Supply, and DC-DC Power Supply.
- On the basis of construction, the global medical power supply market is segmented into enclosed power supplies, open frame power supplies, u-bracket power supplies, external power supplies, configurable power supplies, and encapsulated power supplies.
- On the basis of equipment, the global medical power supply market is segmented into diagnostic equipment, X-ray, MRI, computed tomography, PET (Polyethylene terephthalate), Ultrasound, medical monitoring, blood analyzers, multi parameter monitor, anesthesia monitor, blood pressure monitor, MEG (monitor editor generator), electroencephalogram, ECG, home patient care, and PAP devices and others.
- On the basis of end-users, the global medical power supply market is segmented into clinical testing laboratories, hospitals, cardiac centers, pediatric clinics, and research institutions.
- On the basis of geography, global medical power supply market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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