Medical Power Supply Market worth $866.8 Million By 2017

Tuesday 23 July 2013, Amsterdam

The "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 ” analyzes and studies the major market drivers, restraints, opportunities and challenges in North America, Europe, Asia, and Rest of the World.

This report studies the global medical power supply market over the forecast period of 2012-2017. The market 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 is categorized into diagnostic equipment, medical monitoring equipment, home patient care equipment, dental equipment, and surgical equipment.

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.

North America is by far the largest medical power supply market due to an increase in the aging population, rise in prevalence of chronic diseases, and favorable reimbursement for medical devices. Due to rising awareness of healthcare treatment procedures and improved standard of living in Asia, the Asian market is expected to grow at a higher CAGR from 2012 to 2017.

The report includes company profiles of major players such as 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 Gertebau GmbH (Germany), Mean Well Enterprises Co., Ltd (Taiwan), GlobTek, Inc. (U.S.), SynQor, Inc. (U.S.), and Wall Industries, Inc. (U.S)