Global Medical Power Supply Market Growth, Trends & Forecasts (2015 - 2020)
The Global market for Medical Power Supply is expected to reach approximately $1 billion by the end of 2020 growing at a CAGR of around 7.4% from 2015 to 2020. Power supply is an electronic device that provides electric energy to electric load. The basic function of a power supply is to convert one form of electrical energy to another. The power supplies are mainly classified as regulated supply and unregulated power supply. Regulated power supply maintains constant output voltage or current despite variations in load current or input voltage. On the other hand, in unregulated power supply the output can change drastically when the load current or input voltage changes. North America is considered to be the largest market for medical power supply because of increasing incidences of lifestyle diseases and in turn rise in the number of healthcare facilities.
The Global Medical Power Devices Market is segmented on the basis of Type (Programmable Power Supply, Uninterruptible Power Supply and High Voltage Power Supply), Specialty (Respiratory [Positive Airway Pressure Devices (PAP), Ventilators, Oximeters, Nebulizers, Oxygen Concentrators and Portable Inhalers], Radiology [X-Ray, Computed Tomography, Magnetic Resonance Imaging, Ultrasound and Positron Emission Tomography], Monitoring Devices [ECG Devices, EEG Devices, Anesthesia Monitors, Blood Pressure Monitors, Blood Glucose Monitors and Blood Gas Analyzers] and Surgical Devices [Neurosurgery Devices, Plastic Surgery Devices, Thoracic Surgery Devices, Cardiovascular Surgery Devices and Orthopedic Surgery Devices]), Technology (AC to DC Power Supply and DC to DC Power Supply) and Region (North America, Europe, Asia Pacific, South America and, Middle East and Africa).
Advancementsin the field of healthcare equipment, rise in the number of healthcare facilities, increasing incidences of chronic diseases and rising demand for portable and home based devices are some of the factors enhancing the growth of the market.
Huge cost involved in the process and strict government regulations and guidelines are hindering the growth of the market.
What the report offers:
Market Definition for the specified topic along with identification of key drivers and restraints for the market.
Market analysis for the Global Medical Power Supply Market, with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the Macro and Micro factors that affect the Global Medical Power Supply Market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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