The global medical batteries market size is expected to reach USD 5,166.40 million by 2034, according to a new study by Polaris Market Research. The report “Medical Batteries Market Size, Share, Trends, Industry Analysis Report: By Battery Type (Lithium-Ion Batteries, Nickel-Metal Hydride (NiMH) Batteries, Alkaline Batteries, Zinc-Air Batteries, and Others), Usage, End User, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing demand for portable and implantable medical devices, such as pacemakers, insulin pumps, and defibrillators, drives the medical batteries market growth. Advancements in battery technology, including the development of longer-lasting and more efficient batteries, also contribute to market expansion.
The growing focus on home healthcare and remote patient monitoring propels the requirement for reliable and compact power sources, which is expected to offer lucrative opportunities for the market during the forecast period. Future market trends include the shift toward rechargeable batteries and the adoption of lithium-ion batteries due to their high energy density and long cycle life. Overall, the market is expected to grow steadily in the coming years, supported by the rising prevalence of chronic diseases and the increasing geriatric population across the world.
Medical Batteries Market Report Highlights
Based on battery type, the lithium-ion batteries segment dominates the medical batteries market due to their high energy density, long cycle life, and widespread use in portable and wearable medical devices. The zinc-air batteries segment is expected to witness the fastest growth in the coming years, driven by their application in hearing aids and other low-power devices.
The non-implantable medical devices segment, by usage, accounts for the largest share of the market, driven by the increasing demand for portable medical equipment. However, the implantable medical devices segment is expected to witness the fastest growth due to advancements in battery miniaturization and longevity.
The hospitals segment is the largest end user of medical batteries, primarily due to the high volume of medical devices used in these settings. The home healthcare settings segment is projected to grow at the highest rate, fueled by the rising trend of remote patient monitoring and home-based care.
North America leads the global medical batteries market, attributed to the advanced healthcare infrastructure and high adoption of medical technology. Asia Pacific is expected to experience the fastest growth, driven by the expanding healthcare sector and increasing investments in medical device manufacturing.
Some of the key players in the market are Duracell Inc.; Energizer Holdings, Inc.; EnerSys; Ensurge Micropower ASA; EVE Energy Co., Ltd.; Integer Holdings Corporation; Murata Manufacturing Co., Ltd.; Panasonic Holdings Corporation; Resonetics; Saft Group; Tadiran Batteries; Toshiba Corporation; Ultralife Corporation; VARTA AG; Xeno Energy Co., Ltd.
Polaris Market Research has segmented the medical batteries market report on the basis of battery type, usage, end user, and region:
By Battery Type Outlook (Revenue – USD Million, 2020–2034)
Lithium-Ion Batteries
Nickel-Metal Hydride (NiMH) Batteries
Alkaline Batteries
Zinc-Air Batteries
Others
By Usage Outlook (Revenue – USD Million, 2020–2034)
Implantable Medical Devices
Non-implantable Medical Devices
Portable
Wearable Medical Devices
By End User Outlook (Revenue – USD Million, 2020–2034)
Hospitals
Home Healthcare Settings
Ambulatory Surgical Centers
Research Institutes
By Regional Outlook (Revenue – USD Million, 2020–2034)
North America
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Mexico
- Brazil
- Argentina
- Rest of Latin America
- Chapter 1. Introduction
- 1.1 Report Description
- 1.1.1 Objective of the Study
- 1.1.2 Market Scope
- 1.1.3 Assumptions
- 1.2 Stakeholders
- Chapter 2. Research Methodology
- 2.1 Research Methodology
- 2.2 Research Scope and Assumptions
- 2.3 Information Procurement
- 2.3.1 Purchased Database
- 2.3.2 Internal Database
- 2.3.3 Secondary Sources
- 2.3.4 Third Party Perspective
- 2.3.5 Primary Research
- 2.4 Information Analysis
- 2.4.1 Data Analysis Models
- 2.5 Market Formulation and Data Visualization
- 2.6 Data Validation and Publishing (Secondary Sources)
- Chapter 3. Executive Summary
- Chapter 4. Market Insights
- 4.1 Medical Batteries – Industry snapshot
- 4.2 Medical Batteries Market - Value Chain Analysis
- 4.2.1 Medical Batteries Market Dynamics
- 4.2.2 Drivers and Opportunities
- 4.2.2.1 Shift Toward High-Energy-Density Batteries
- 4.2.2.2 Rising Adoption of Rechargeable Batteries
- 4.2.3 Restraints and Challenges
- 4.2.3.1 Stringent Regulatory Requirements
- 4.3 Medical Batteries Market – Porter’s Five Forces
- 4.3.1 Threat of Substitutes: (Low)
- 4.3.2 Threat of New Entrants: (Moderate)
- 4.3.3 Bargaining Power of Buyers: (Moderate to High)
- 4.3.4 Bargaining Power of Suppliers: (Moderate)
- 4.3.5 Competitive Rivalry: (High)
- 4.4 Medical Batteries Market – PESTLE Analysis
- Chapter 5. Medical Batteries Market Assessment, By Battery Type
- 5.1 Introduction
- 5.2 Lithium-Ion Batteries
- 5.3 Nickel-Metal Hydride (NiMH) Batteries
- 5.4 Alkaline Batteries
- 5.5 Zinc-Air Batteries
- 5.6 Others
- Chapter 6. Medical Batteries Market Assessment, By Usage
- 6.1 Introduction
- 6.2 Implantable Medical Devices
- 6.3 Non-Implantable Medical Devices
- 6.4 Portable
- 6.5 Wearable Medical Devices
- Chapter 7. Medical Batteries Market Assessment, By End User
- 7.1 Introduction
- 7.2 Hospital
- 7.3 Home Healthcare Settings
- 7.4 Ambulatory Surgical Centers
- 7.5 Research Institutes
- Chapter 8. Medical Batteries Market Assessment, By Region
- 8.1 Introduction
- 8.2 North America Medical Batteries Market
- 8.2.1 North America Medical Batteries Market, By Battery Type
- 8.2.2 North America Medical Batteries Market, By Usage
- 8.2.3 North America Medical Batteries Market, By End User
- 8.2.4 US Medical Batteries Market
- 8.2.4.1 US Medical Batteries Market, By Battery Type
- 8.2.4.2 US Medical Batteries Market, By Usage
- 8.2.4.3 US Medical Batteries Market, By End User
- 8.2.5 Canada Medical Batteries Market
- 8.2.5.1 Canada Medical Batteries Market, By Battery Type
- 8.2.5.2 Canada Medical Batteries Market, By Usage
- 8.2.5.3 Canada Medical Batteries Market, By End User
- 8.2.6 Mexico Medical Batteries Market
- 8.2.6.1 Mexico Medical Batteries Market, By Battery Type
- 8.2.6.2 Mexico Medical Batteries Market, By Usage
- 8.2.6.3 Mexico Medical Batteries Market, By End User
- 8.3 Europe Medical Batteries Market
- 8.3.1 Europe Medical Batteries Market, By Battery Type
- 8.3.2 Europe Medical Batteries Market, By Usage
- 8.3.3 Europe Medical Batteries Market, By End User
- 8.3.4 UK Medical Batteries Market
- 8.3.4.1 UK Medical Batteries Market, By Battery Type
- 8.3.4.2 UK Medical Batteries Market, By Usage
- 8.3.4.3 UK Medical Batteries Market, By End User
- 8.3.5 France Medical Batteries Market
- 8.3.5.1 France Medical Batteries Market, By Battery Type
- 8.3.5.2 France Medical Batteries Market, By Usage
- 8.3.5.3 France Medical Batteries Market, By End User
- 8.3.6 Germany Medical Batteries Market
- 8.3.6.1 Germany Medical Batteries Market, By Battery Type
- 8.3.6.2 Germany Medical Batteries Market, By Usage
- 8.3.6.3 Germany Medical Batteries Market, By End User
- 8.3.7 Italy Medical Batteries Market
- 8.3.7.1 Italy Medical Batteries Market, By Battery Type
- 8.3.7.2 Italy Medical Batteries Market, By Usage
- 8.3.7.3 Italy Medical Batteries Market, By End User
- 8.3.8 Spain Medical Batteries Market
- 8.3.8.1 Spain Medical Batteries Market, By Battery Type
- 8.3.8.2 Spain Medical Batteries Market, By Usage
- 8.3.8.3 Spain Medical Batteries Market, By End User
- 8.3.9 Netherlands Medical Batteries Market
- 8.3.9.1 Netherlands Medical Batteries Market, By Battery Type
- 8.3.9.2 Netherlands Medical Batteries Market, By Usage
- 8.3.9.3 Netherlands Medical Batteries Market, By End User
- 8.3.10 Russia Medical Batteries Market
- 8.3.10.1 Russia Medical Batteries Market, By Battery Type
- 8.3.10.2 Russia Medical Batteries Market, By Usage
- 8.3.10.3 Russia Medical Batteries Market, By End User
- 8.3.11 Rest of Europe Medical Batteries Market
- 8.3.11.1 Rest of Europe Medical Batteries Market, By Battery Type
- 8.3.11.2 Rest of Europe Medical Batteries Market, By Usage
- 8.3.11.3 Rest of Europe Medical Batteries Market, By End User
- 8.4 Asia Pacific Medical Batteries Market
- 8.4.1 Asia Pacific Medical Batteries Market, By Battery Type
- 8.4.2 Asia Pacific Medical Batteries Market, By Usage
- 8.4.3 Asia Pacific Medical Batteries Market, By End User
- 8.4.4 China Medical Batteries Market
- 8.4.4.1 China Medical Batteries Market, By Battery Type
- 8.4.4.2 China Medical Batteries Market, By Usage
- 8.4.4.3 China Medical Batteries Market, By End User
- 8.4.5 Japan Medical Batteries Market
- 8.4.5.1 Japan Medical Batteries Market, By Battery Type
- 8.4.5.2 Japan Medical Batteries Market, By Usage
- 8.4.5.3 Japan Medical Batteries Market, By End User
- 8.4.6 South Korea Medical Batteries Market
- 8.4.6.1 South Korea Medical Batteries Market, By Battery Type
- 8.4.6.2 South Korea Medical Batteries Market, By Usage
- 8.4.6.3 South Korea Medical Batteries Market, By End User
- 8.4.7 India Medical Batteries Market
- 8.4.7.1 India Medical Batteries Market, By Battery Type
- 8.4.7.2 India Medical Batteries Market, By Usage
- 8.4.7.3 India Medical Batteries Market, By End User
- 8.4.8 Australia Medical Batteries Market
- 8.4.8.1 Australia Medical Batteries Market, By Battery Type
- 8.4.8.2 Australia Medical Batteries Market, By Usage
- 8.4.8.3 Australia Medical Batteries Market, By End User
- 8.4.9 Indonesia Medical Batteries Market
- 8.4.9.1 Indonesia Medical Batteries Market, By Battery Type
- 8.4.9.2 Indonesia Medical Batteries Market, By Usage
- 8.4.9.3 Indonesia Medical Batteries Market, By End User
- 8.4.10 Malaysia Medical Batteries Market
- 8.4.10.1 Malaysia Medical Batteries Market, By Battery Type
- 8.4.10.2 Malaysia Medical Batteries Market, By Usage
- 8.4.10.3 Malaysia Medical Batteries Market, By End User
- 8.4.11 Rest of Asia Pacific Medical Batteries Market
- 8.4.11.1 Rest of Asia Pacific Medical Batteries Market, By Battery Type
- 8.4.11.2 Rest of Asia Pacific Medical Batteries Market, By Usage
- 8.4.11.3 Rest of Asia Pacific Medical Batteries Market, By End User
- 8.5 Latin America Medical Batteries Market
- 8.5.1 Latin America Medical Batteries Market, By Battery Type
- 8.5.2 Latin America Medical Batteries Market, By Usage
- 8.5.3 Latin America Medical Batteries Market, By End User
- 8.5.4 Brazil Medical Batteries Market
- 8.5.4.1 Brazil Medical Batteries Market, By Battery Type
- 8.5.4.2 Brazil Medical Batteries Market, By Usage
- 8.5.4.3 Brazil Medical Batteries Market, By End User
- 8.5.5 Argentina Medical Batteries Market
- 8.5.5.1 Argentina Medical Batteries Market, By Battery Type
- 8.5.5.2 Argentina Medical Batteries Market, By Usage
- 8.5.5.3 Argentina Medical Batteries Market, By End User
- 8.5.6 Rest of Latin America Medical Batteries Market
- 8.5.6.1 Rest of Latin America Medical Batteries Market, By Battery Type
- 8.5.6.2 Rest of Latin America Medical Batteries Market, By Usage
- 8.5.6.3 Rest of Latin America Medical Batteries Market, By End User
- 8.6 Middle East and Africa Medical Batteries Market
- 8.6.1 Middle East and Africa Medical Batteries Market, By Battery Type
- 8.6.2 Middle East and Africa Medical Batteries Market, By Usage
- 8.6.3 Middle East and Africa Medical Batteries Market, By End User
- 8.6.4 UAE Medical Batteries Market
- 8.6.4.1 UAE Medical Batteries Market, By Battery Type
- 8.6.4.2 UAE Medical Batteries Market, By Usage
- 8.6.4.3 UAE Medical Batteries Market, By End User
- 8.6.5 Israel Medical Batteries Market
- 8.6.5.1 Israel Medical Batteries Market, By Battery Type
- 8.6.5.2 Israel Medical Batteries Market, By Usage
- 8.6.5.3 Israel Medical Batteries Market, By End User
- 8.6.6 Saudi Arabia Medical Batteries Market
- 8.6.6.1 Saudi Arabia Medical Batteries Market, By Battery Type
- 8.6.6.2 Saudi Arabia Medical Batteries Market, By Usage
- 8.6.6.3 Saudi Arabia Medical Batteries Market, By End User
- 8.6.7 South Africa Medical Batteries Market
- 8.6.7.1 South Africa Medical Batteries Market, By Battery Type
- 8.6.7.2 South Africa Medical Batteries Market, By Usage
- 8.6.7.3 South Africa Medical Batteries Market, By End User
- 8.6.8 Rest of Middle East & Africa Medical Batteries Market
- 8.6.8.1 Rest of Middle East & Africa Medical Batteries Market, By Battery Type
- 8.6.8.2 Rest of Middle East & Africa Medical Batteries Market, By Usage
- 8.6.8.3 Rest of Middle East & Africa Medical Batteries Market, By End User
- Chapter 9. Competitive Landscape
- 9.1 Strategy Framework
- 9.2 Vendor Landscape
- 9.3 Recent Development
- Chapter 10. Company Profiles
- 10.1 Resonetics
- 10.1.1 Business Overview
- 10.1.2 Products Benchmarking
- 10.1.3 Recent Developments
- 10.2 EnerSys.
- 10.2.1 Business Overview
- 10.2.2 Financial Snapshot
- 10.2.2.1 Net Sales by Market Segment
- 10.2.3 Products Benchmarking
- 10.2.4 Recent Developments
- 10.3 Integer Holdings Corporation
- 10.3.1 Business Overview
- 10.3.2 Financial Snapshot
- 10.3.2.1 Sales by Market Segment
- 10.3.2.2 Sales by Region
- 10.3.3 Products Benchmarking
- 10.4 Ensurge Micropower ASA
- 10.4.1 Business Overview
- 10.4.2 Products Benchmarking
- 10.4.3 Recent Developments
- 10.5 Tadiran Batteries
- 10.5.1 Business Overview
- 10.5.2 Financial Snapshot
- 10.5.3 Products Benchmarking
- 10.6 Ultralife Corporation
- 10.6.1 Business Overview
- 10.6.2 Financial Snapshot
- 10.6.2.1 Revenue by Market Segment
- 10.6.3 Products Benchmarking
- 10.6.4 Recent Developments
- 10.7 Toshiba Corporation
- 10.7.1 Business Overview
- 10.7.2 Financial Snapshot
- 10.7.2.1 Net Sales by Business Segments
- 10.7.2.2 Net Sales by Region
- 10.7.3 Products and Services
- 10.8 Panasonic Holding Corporation
- 10.8.1 Business Overview
- 10.8.2 Financial Snapshot
- 10.8.2.1 Net Sales by Market Segment
- 10.8.3 Products and Services
- 10.9 Duracell Inc.
- 10.9.1 Business Overview
- 10.9.2 Products Benchmarking
- 10.9.3 Recent Developments
- 10.10 VARTA AG
- 10.10.1 Business Overview
- 10.10.2 Financial Snapshot
- 10.10.3 Products Benchmarking
- 10.11 Energizer Holdings, Inc.
- 10.11.1 Business Overview
- 10.11.2 Financial Snapshot
- 10.11.2.1 Revenue by Market Segment
- 10.11.3 Products Benchmarking
- 10.12 Murata Manufacturing Co., Ltd.
- 10.12.1 Business Overview
- 10.12.2 Financial Snapshot
- 10.12.2.1 Revenue by Market Segment
- 10.12.2.2 Revenue by Market Region
- 10.12.3 Products Benchmarking
- 10.13 Xeno Energy Co., Ltd
- 10.13.1 Business Overview
- 10.13.2 Products Benchmarking
- 10.14 EVE Energy Co., Ltd.
- 10.14.1 Business Overview
- 10.14.2 Financial Snapshot
- 10.14.2.1 Revenue by Market Segment
- 10.14.3 Products Benchmarking
- 10.14.4 Recent Developments
- 10.15 Saft Group
- 10.15.1 Business Overview
- 10.15.2 Products Benchmarking
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