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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
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
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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