Global Outlook for Batteries in Medical Equipment and Devices Market: Rise in Demand for Home Health Care Batteries Amid COVID-19 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Batteries in Medical Equipment and Devices – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
The global market for Batteries in Medical Equipment and Devices estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2027, growing at a CAGR of 5.8% over the period 2020-2027.
Primary Battery, one of the segments analyzed in the report, is projected to record 5.6% CAGR and reach US$3.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Secondary Battery segment is readjusted to a revised 7.1% CAGR for the next 7-year period.
The Batteries in Medical Equipment and Devices market in the U.S. is estimated at US$739.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$853.9 Million by the year 2027 trailing a CAGR of 8.8% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
Select Competitors (Total 64 Featured):
- Duracell Inc.
- Energizer Holdings, Inc.
- EnerSys
- Panasonic Corporation of North America
- Saft Groupe SA
- Tadiran Batteries GmbH
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Batteries in Medical Equipment And Devices: Market Outlook
- Rise in Demand for Home Health Care Batteries Amid COVID-19
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rise in Prevalence Of Chronic Diseases and Increasing Demand for Medical Devices Spurs Demand for Batteries
- FDA Approvals for Battery Powered Devices
- Regulations for Medical Device Batteries: An Insight
- Increasing Role of Lithium Ion Batteries in Medical Devices
- Concerns over Safety of Batteries Pose a Challenge
- Growth in Demand for Battery-powered Medical Cart Computers
- Increasing Adoption of Wearable Medical Device Raises Demand for More Powerful Batteries
- New Battery Developments in Response to Medical Device Needs
- Rise in Demand for Smart Batteries for Medical Devices
- Ultra-thin, Solid-State Batteries: A New Segment in Demand
- Researchers Develop Heart’s Energy to Power Life-Saving Devices
- Miniaturized Wireless Medical Wearables and Battery Challenges
- Edible Batteries for Ingestible Medical Devices: A Review
- Role of Advanced Lithium Batteries in Addressing Miniaturization
- Growth in Cordless Surgical Devices Drives the Need for Advanced Batteries
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/eeoewh
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