Asia-Pacific Medical Power Supply Devices Market is valued at USD 185.14 Million in 2019 and is predicted to reach USD 261.12 Million by the end of 2024, growing with a CAGR of 7.12% during the forecasted period 2019-2024.
A medical power supply device is referred to as the electrical equipment for medical purposes used in reactors and instance transformers that are used to supply power for various medical devices.
Medical Power Supply devices market is growing at a significant rate as a result of the increase in the increasing popularity for powered equipment in healthcare, aging population sector and advancements in the healthcare facilities. Powered medical equipment is also gaining popularity attributing to their increased efficiency and user-friendly nature offered by them in a medical examination. Furthermore, technological innovations in the field and initiatives from the governments are increasing the use of medical equipment which is in turn aiding the growth of the medical power supply devices market. With an increase in digitally controlled power supply and efficiency, innovations in technology for medical devices, opportunities available in the emerging economies, an increase in the aging population, portable medical devices, and an increase in the occurrence of chronical diseases, the growth of the market is propelling.
However, strict regulations and certification systems, a slow economy in many major economies and the high cost that are associated with these medical devices are the few factors affecting the growth of the market for medical power supply devices.
The Asia-Pacific medical power supply market is segmented on the basis of - technology, type, and application. Based on technology, the market is again segmented into DC-DC and AC-DC power supply. The market based on type is segmented into an external, enclosed, open frame, encapsulated and configurable. Based on application it is segmented into diagnostic equipment, medical monitoring equipment, dental equipment, surgical equipment, and home patient care equipment.
The external medical power supply market is estimated to be the highest growing segment because of the increased usage of portable, compact medical devices, which requires increased employment of external medical power supply. The growth in the home healthcare market comprising portable, smaller and convenience of using medical devices is another factor helping the growth of market for external power supply.
Asia-Pacific Medical Power Supply Devices Market segmented and sub-segmented into the following categories:
By Technology: AC-DC power supply and DC-DC power supply.
By Type: open frame, enclosed, external, encapsulated and configurable
By Application: diagnostic equipment, medical monitoring equipment, dental equipment, surgical equipment, and home patient care equipment.
By Country: India, China, Japan, South Korea, Australia and Rest of APAC.
Some of the Prominent Companies leading the Asia-Pacific Medical Power Supply Devices Market Profiled in the Report are:
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2.2 Analysis Design
2.3 Research Phases
2.3.1 Secondary Research
2.3.2 Primary Research
2.3.3 Econometric Modelling
2.3.4 Expert Validation
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5.1 By Technology
5.1.1 AC-DC power supply
5.1.2 DC-DC power supply
5.2 By Type
5.3 By Application
5.3.1 Medical Monitoring Equipment
5.3.2 Diagnostic Equipment
5.3.3 Dental Equipment
5.3.4 Home Patient Care Equipment
5.3.5 Surgical Equipment
6.5 South Korea
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.1 Delta Electronics Inc.
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 TDK Lambda
8.3 SL Power Electronics
8.4 Emerson Network Power
8.7 Astrodyne Corporation
8.8 Mean Well Enterprises Co., Ltd
8.9 Excelsys Technology
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.1 Market Outlook
10.2 Investment Opportunities