Global Medical Batteries Market by Product Type, Battery Type, End User and by Geography - Trends and Forecast, 2022 - 2028
Batteries are becoming increasingly significant in improving the overall safety, performance, and reliability of many medical devices. Increasing demand for battery powered instruments and devices is expected to lead to increasing demand for medical batteries, due to advancement in surgical procedure to provide more precision. Medical batteries are classified into implantable devices batteries and non-implantable batteries. The use of medical batteries is increasing significantly especially in implantable medical devices such as pacemakers, cardioveter defibrillator, neurostimulators batteries, and cochlear batteries; and non-implantable devices such as diagnostic imaging device, patient monitoring device, critical care support, and in vitro diagnostics instrument. This is expected to aid in growth of the market.
Furthermore, recent advancement with zinc-air batteries, which are available in button sizes as direct replacements of other button-type batteries. Moreover, the use of coin-sized zinc-air batteries in portable electronic devices and personal medical equipment such as cardiac monitors and transmitters is expected to be another factor for growth of the medical batteries market.
Market Dynamics
Increasing prevalence of heart disease is also expected to favor growth of the medical batteries market, as it leads to increasing demand for pacemakers and cardioverter defibrillator that are powered by the batteries. According to World Health Organization (WHO), CVDs are the major cause of death globally, and more people die annually from CVDs. In 2015, it was estimated that 17.7 million people died from CVDs, representing 31% of all the deaths, globally. Of these, an estimated 7.4 million were due to coronary heart disease and 6.7 million were due to stroke. Therefore, demand for cardiac implantable devices such as pacemaker, defibrillators, which are powered by medical batteries is increasing, in turn fueling growth of the market.
Furthermore, increasing awareness regarding fitness is expected to drive the usage of batteries in wearable devices, which also supports growth of the medical batteries market.
Key features of the study:
This report provides an in-depth analysis of global medical batteries market provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
It profiles leading players in the global medical batteries market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
Key companies covered as a part of this study include, Ultralife Corporation, EaglePicher Technologies LLC, EnerSys, Liberating Technologies, Inc., Panasonic Corporation, Tadiran Batteries Ltd., Saft Groupe S.A., Arotech Corporation, SHENZHEN KAYO BATTERY Co., Ltd, and Vitec Group plc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics.
The global medical batteries market report caters to various stakeholders in this industry including investors, suppliers, medical batteries, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the medical batteries market.
Detailed Segmentation:
Global Medical Batteries Market, By Usage:
Implantable Devices Batteries
Pacemakers Batteries
Implantable Cardioverter Defibrillator
Neurostimulators Batteries
Cochlear Batteries
Infusion Pumps
Other Implantable Batteries
Non-Implantable Devices Batteries
Diagnostic Imaging Device Batteries
Patient Monitoring Device Batteries
Critical Care Support Batteries
In vitro Diagnostics Instrument Batteries
Therapeutic Devices
Prosthetic Device Batteries
Other Non-implantable Batteries
Global Medical Batteries Market, By Battery Type:
Lithium Batteries
Nickel –Metal Hydride Batteries
Zinc-air Batteries
Other Batteries
Global Medical Batteries Market, By End User:
Hospitals and Nursing Homes
Clinics
Diagnostic Centers
Home Care Settings
Other End User
Global Medical Batteries market, By Geography:
North America
By Usage:
Implantable Devices Batteries
Pacemakers Batteries
Implantable Cardioverter Defibrillator
Neurostimulators Batteries
Cochlear Batteries
Infusion Pumps
Other Implantable Batteries
Non-Implantable Devices Batteries
Diagnostic Imaging Device Batteries
Patient Monitoring Device Batteries
Critical Care Support Batteries
In vitro Diagnostics Instrument Batteries
Therapeutic Devices
Prosthetic Device Batteries
Other Non-implantable Batteries
By Battery Type
Lithium Batteries
Nickel –Metal Hydride Batteries
Zinc-air Batteries
Other Batteries
By End User
Hospitals and Nursing Homes
Clinics
Diagnostic Centers
Home Care Settings
Other End User
By Country
U.S.
Canada
Europe
By Usage:
Implantable Devices Batteries
Pacemakers Batteries
Implantable Cardioverter Defibrillator
Neurostimulators Batteries
Cochlear Batteries
Infusion Pumps
Other Implantable Batteries
Non-Implantable Devices Batteries
Diagnostic Imaging Device Batteries
Patient Monitoring Device Batteries
Critical Care Support Batteries
In vitro Diagnostics Instrument Batteries
Therapeutic Devices
Prosthetic Device Batteries
Other Non-implantable Batteries
By Battery Type
Lithium Batteries
Nickel –Metal Hydride Batteries
Zinc-air Batteries
Other Batteries
By End User
Hospitals and Nursing Homes
Clinics
Diagnostic Centers
Home Care Settings
Other End User
By Country
U.K.
Germany
Italy
France
Russia
Spain
Rest of Europe
Asia Pacific
By Usage:
Implantable Devices Batteries
Pacemakers Batteries
Implantable Cardioverter Defibrillator
Neurostimulators Batteries
Cochlear Batteries
Infusion Pumps
Other Implantable Batteries
Non-Implantable Devices Batteries
Diagnostic Imaging Device Batteries
Patient Monitoring Device Batteries
Critical Care Support Batteries
In vitro Diagnostics Instrument Batteries
Therapeutic Devices
Prosthetic Device Batteries
Other Non-implantable Batteries
By Battery Type
Lithium Batteries
Nickel –Metal Hydride Batteries
Zinc-air Batteries
Other Batteries
By End User
Hospitals and Nursing Homes
Clinics
Diagnostic Centers
Home Care Settings
Other End User
By Country
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
By Usage:
Implantable Devices Batteries
Pacemakers Batteries
Implantable Cardioverter Defibrillator
Neurostimulators Batteries
Cochlear Batteries
Infusion Pumps
Other Implantable Batteries
Non-Implantable Devices Batteries
Diagnostic Imaging Device Batteries
Patient Monitoring Device Batteries
Critical Care Support Batteries
In vitro Diagnostics Instrument Batteries
Therapeutic Devices
Prosthetic Device Batteries
Other Non-implantable Batteries
By Battery Type
Lithium Batteries
Nickel –Metal Hydride Batteries
Zinc-air Batteries
Other Batteries
By End User
Hospitals and Nursing Homes
Clinics
Diagnostic Centers
Home Care Settings
Other End User
By Country
Brazil
Mexico
Rest of Latin America
Middle East
By Usage:
Implantable Devices Batteries
Pacemakers Batteries
Implantable Cardioverter Defibrillator
Neurostimulators Batteries
Cochlear Batteries
Infusion Pumps
Other Implantable Batteries
Non-Implantable Devices Batteries
Diagnostic Imaging Device Batteries
Patient Monitoring Device Batteries
Critical Care Support Batteries
In vitro Diagnostics Instrument Batteries
Therapeutic Devices
Prosthetic Device Batteries
Other Non-implantable Batteries
By Battery Type
Lithium Batteries
Nickel –Metal Hydride Batteries
Zinc-air Batteries
Other Batteries
By End User
Hospitals and Nursing Homes
Clinics
Diagnostic Centers
Home Care Settings
Other End User
By Country
GCC
Israel
Rest of Middle East
Africa
By Usage:
Implantable Devices Batteries
Pacemakers Batteries
Implantable Cardioverter Defibrillator
Neurostimulators Batteries
Cochlear Batteries
Infusion Pumps
Other Implantable Batteries
Non-Implantable Devices Batteries
Diagnostic Imaging Device Batteries
Patient Monitoring Device Batteries
Critical Care Support Batteries
In vitro Diagnostics Instrument Batteries
Therapeutic Devices
Prosthetic Device Batteries
Other Non-implantable Batteries
By Battery Type
Lithium Batteries
Nickel –Metal Hydride Batteries
Zinc-air Batteries
Other Batteries
By End User
Hospitals and Nursing Homes
Clinics
Diagnostic Centers
Home Care Settings
Other End User
By Country
North Africa
Central Africa
South Africa
Company Profiles
Ultralife Corporation *
Company Overview
Product Portfolio
Financial Performance
Recent Developments
Key Strategies
EaglePicher Technologies LLC
EnerSys
Liberating Technologies, Inc.
Panasonic Corporation
Tadiran Batteries Ltd.
Saft Group S.A.
Arotech Corporation
SHENZHEN KAYO BATTERY Co., Ltd
Vitec Group plc.
“*” marked represents similar segmentation in other categories in the respective section.
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