The medical device batteries market is projected to grow at an annualized rate of 12%, claims Roots Analysis

4
health-fitness

Summary

Battery-operated medical devices, such as cochlear implants, defibrillators, insulin pumps and pacemakers, have redefined 21st century healthcare

Press Release

An exponential increase in development efforts related to wearable medical devices and implants, has fueled a corresponding rise in demand for safe, compact, light-weight and high energy density batteries with longer life span

 

 

 

Battery-operated medical devices, such as cochlear implants, defibrillators, insulin pumps and pacemakers, have redefined 21st century healthcare, adding to the user convenience factor and offering profitable value propositions for developers. Battery technologies have simultaneously evolved, with modern power-storage cells having improved safety features and the potential to be used for longer durations.

 

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https://www.rootsanalysis.com/reports/medical-device-batteries-market.html

 

Key Market Insights

 

330+ patents related to medical device batteries have been filed since 2015 
R&D activity related to medical device batteries is largely concentrated in the US, considering that more than 35% of the total number of patents were filed in this region. Around 70% of intellectual property related filings in this field were observed to focused on batteries intended for implantable devices.

 

North America and Europe are anticipated to capture close to 50% market share, by 2030

On the other hand, Asia Pacific is expected to witness a higher growth rate as compared to other geographies due to the advancement in healthcare facilities. Currently, the market is driven by the sales of medical device batteries designed for wearable medical devices (75%), followed by those intended to power implantable devices (25%). Further, rechargeable medical device batteries currently capture 25% of the overall market share (in terms of sales revenues).

 

To request a sample copy / brochure of this report, please visit this – https://www.rootsanalysis.com/reports/medical-device-batteries-market/request-sample.html

 

 

The USD XX billion (by 2030) financial opportunity within the medical device batteries market has been analyzed across the following segments:

  • Battery Chemistry
  • Lithium based
  • Zinc Air based
  • Nickel based
  • Others

 

  • Type of Device
  • Implantable
  • Wearable

 

  • Rechargeability
  • Rechargeable
  • Non-Rechargeable

 

  • Application
  • Hearing Aids
  • Patient Monitoring Devices
  • Drug Delivery Devices
  • Cardiovascular Medical Devices
  • Others

 

  • Key Geographical Regions
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and North Africa
  • Rest of the World

 

The research includes detailed profiles of key players (listed below) engaged in the development of medical device batteries; each profile features an overview of the developer, its financial information (if available), recent developments and an informed future outlook.

  • Blue Spark Technologies
  • CAMELION
  • EaglePicher Technologies
  • Energizer Holdings
  • Guangzhou Battsys
  • Murata
  • Panasonic
  • Renata
  • Tadiran Batteries
  • Toshiba
  • Ultralife
  • VARTA Microbattery

 

 

Contact Information

Roots Analysis Private Limited

Gaurav Chaudhary

+1 (415) 800 3415

[email protected]

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