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Global Medical Power Supply Market to Reach US$ 2.18 Billion by 2027, Impelled by Rising Demand for Uninterrupted Power Supply

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Medical Power Supply Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global medical power supply market reached a value of US$ 1.47 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.18 Billion by 2027, exhibiting at a CAGR of 6.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Medical power supply refers to the equipment used for delivering current to medical devices. They are used with conductors and electronic components to provide isolation between the alternating current (AC) input, internal high voltage systems and the direct current (DC) output. Some of the commonly used medical power supply systems include enclosed, open frame, external, configurable, U-bracket and encapsulated devices. They utilize reinforced insulation materials and AC-DC and DC-DC power supplies. They are used in diagnostic, medical monitoring, home patient care, dental and surgical equipment. These devices reduce electromagnetic interference and minimize the risks of electric shocks and current leakages. As a result, they are widely used in diagnostic centers, hospitals, clinics and research laboratories.

 

 
 

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Medical Power Supply Market Trends:

Significant growth in the medical industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, rising concerns regarding patient safety is providing a thrust to the market growth. With the increasing adoption of portable, smaller and lightweight medical equipment, healthcare organizations are widely utilizing medical power supply systems to provide effective care to the patient. Additionally, due to the onset of the coronavirus (Covid-19) pandemic, medical power supply systems are being extensively used to operate advanced equipment, such as ventilators, oxygen concentrators, magnetic resonance imaging (MRI), CT scan, electrocardiograph (ECG) and multiparameter patient monitoring devices. In line with this, the increasing preference for in-home patient care among the masses is also contributing to the market growth. Other factors, including the widespread adoption of data centers to maintain electronic health records (EHRs), along with extensive improvements in the healthcare infrastructure, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global medical power supply market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, converter type and application.

Breakup by Type:

 

 
 

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  • Open Frame Power Supply
  • Enclosed Power Supply
  • Adapter Power Supply
  • Converters
     

Breakup by Converter Type:

  • AC-DC Power Supply
  • DC-DC Power Supply
     

Breakup by Application:

  • Diagnostic, Imaging and Monitoring Equipment
  • Surgical Equipment
  • Home Medical Equipment
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Energy Industries Inc., Cosel Co. Ltd., CUI Inc., Delta Electronics Inc., FRIWO Gerätebau GmbH, GlobTek Inc., MEAN WELL Enterprises Co. Ltd., SL Power Electronics Corp., SynQor Inc., TDK-Lambda Corporation (TDK Corporation), Wall Industries Inc. (Continental Resources Inc.) and XP Power.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Converter Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Advanced Energy Industries Inc., Cosel Co. Ltd., CUI Inc., Delta Electronics Inc., FRIWO Gerätebau GmbH, GlobTek Inc., MEAN WELL Enterprises Co. Ltd., SL Power Electronics Corp., SynQor Inc., TDK-Lambda Corporation (TDK Corporation), Wall Industries Inc. (Continental Resources Inc.) and XP Power.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Medical Power Supply Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Open Frame Power Supply
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Enclosed Power Supply
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Adapter Power Supply
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Converters
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Converter Type
    7.1    AC-DC Power Supply
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    DC-DC Power Supply
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Diagnostic, Imaging and Monitoring Equipment
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Surgical Equipment
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Home Medical Equipment
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Advanced Energy Industries Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Cosel Co. Ltd.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
        14.3.3    CUI Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Delta Electronics Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    FRIWO Gerätebau GmbH
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    GlobTek Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    MEAN WELL Enterprises Co. Ltd.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    SL Power Electronics Corp.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    SynQor Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    TDK-Lambda Corporation (TDK Corporation)
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Wall Industries Inc. (Continental Resources Inc.)
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    XP Power
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Medical Power Supply Market: Major Drivers and Challenges
Figure 2: Global: Medical Power Supply Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Medical Power Supply Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Medical Power Supply Market: Breakup by Type (in %), 2021
Figure 5: Global: Medical Power Supply Market: Breakup by Converter Type (in %), 2021
Figure 6: Global: Medical Power Supply Market: Breakup by Application (in %), 2021
Figure 7: Global: Medical Power Supply Market: Breakup by Region (in %), 2021
Figure 8: Global: Medical Power Supply (Open Frame Power Supply) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Medical Power Supply (Open Frame Power Supply) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Medical Power Supply (Enclosed Power Supply) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Medical Power Supply (Enclosed Power Supply) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Medical Power Supply (Adapter Power Supply) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Medical Power Supply (Adapter Power Supply) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Medical Power Supply (Converters) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Medical Power Supply (Converters) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Medical Power Supply (AC-DC Power Supply) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Medical Power Supply (AC-DC Power Supply) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Medical Power Supply (DC-DC Power Supply) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Medical Power Supply (DC-DC Power Supply) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Medical Power Supply (Diagnostic, Imaging and Monitoring Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Medical Power Supply (Diagnostic, Imaging and Monitoring Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Medical Power Supply (Surgical Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Medical Power Supply (Surgical Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Medical Power Supply (Home Medical Equipment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Medical Power Supply (Home Medical Equipment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Medical Power Supply (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Medical Power Supply (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Medical Power Supply Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Medical Power Supply Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Medical Power Supply Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Medical Power Supply Industry: SWOT Analysis
Figure 78: Global: Medical Power Supply Industry: Value Chain Analysis
Figure 79: Global: Medical Power Supply Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Medical Power Supply Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Medical Power Supply Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Medical Power Supply Market Forecast: Breakup by Converter Type (in Million US$), 2022-2027
Table 4: Global: Medical Power Supply Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Medical Power Supply Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Medical Power Supply Market: Competitive Structure
Table 7: Global: Medical Power Supply Market: Key Players

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Key Questions Answered in This Report

The global medical power supply market was valued at US$ 1.47 Billion in 2021.

We expect the global medical power supply market to exhibit a CAGR of 6.30% during 2022-2027.

The rising utilization of medical power supply in diagnostic, home patient care, dental, and surgical
equipment to provide enhanced safety to the patients, is primarily driving the global medical power
supply market.

The sudden outbreak of the COVID-19 pandemic has led to the growing utilization of medical power
supply to operate advanced equipments, such as ventilators, oxygen concentrators, ECG and
multiparameter patient monitoring devices, for the treatment of the COVID-19 infected patients.

Based on the type, the global medical power supply market can be categorized into open frame
power supply, enclosed power supply, adapter power supply, and converters. Among these,
enclosed power supply exhibits clear dominance in the market.

Based on the converter type, the global medical power supply market has been segmented into AC-
DC power supply and DC-DC power supply. Currently, AC-DC power supply converter represents the
largest market share.

Based on the application, the global medical power supply market can be bifurcated into diagnostic,
imaging and monitoring equipment, surgical equipment, home medical equipment, and others.
Among these, diagnostic, imaging and monitoring equipment accounts for the majority of the total
market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global medical power supply market include Advanced Energy
Industries Inc., Cosel Co. Ltd., CUI Inc., Delta Electronics Inc., FRIWO Gerätebau GmbH, GlobTek Inc.,
MEAN WELL Enterprises Co. Ltd., SL Power Electronics Corp., SynQor Inc., TDK-Lambda Corporation
(TDK Corporation), Wall Industries Inc. (Continental Resources Inc.), and XP Power.

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