An exponential
increase in development efforts related to wearable medical devices and
implants, has fueled a corresponding rise in demand for safe, compact,
light-weight and high energy density batteries with longer life span
Roots Analysis has announced the
addition of “Medical
Device Batteries: Focus on Implants and Wearable Medical Devices - Market
Distribution by Battery Chemistry (Lithium, Zinc Air, Nickel and Others),
Rechargeability (Rechargeable and Non-Rechargeable), Application (Hearing Aids,
Patient Monitoring Devices, Drug Delivery Devices, Cardiovascular Medical
Devices and Others) and Key Geographies (North America, Europe, Asia Pacific,
Latin America, MENA and Rest of the World): Industry Trends and Global
Forecasts, 2020-2030” report to its list of offerings.
Battery-operated
medical devices, such as cochlear implants, defibrillators, insulin pumps and
pacemakers, have redefined 21st century healthcare, adding to the
user convenience factor and offering profitable value propositions for
developers. Battery technologies have simultaneously evolved, with modern
power-storage cells having improved safety features and the potential to be
used for longer durations.
To order this 190+
page report, which features 60+ figures and 90+ tables, please visit this –
https://www.rootsanalysis.com/reports/medical-device-batteries-market.html
Key Market Insights
More than 930 batteries, designed for use in
medical devices, are currently available / under development
More than 75% of the aforementioned
batteries that are intended for implants and wearable medical devices, have lithium
based chemistries. The majority of batteries captured in the report (62%) are intended
for hearing aids; this is followed by those used in patient monitoring devices
(17%) and drug delivery devices (12%).
Over 50 companies, across the world, claim to
be engaged in developing medical device batteries
Majority (45%) of these
battery developers are located in the Asia Pacific region, primarily in China,
while Europe (29%) and North America (27%) almost have an equal number of
innovators focused in this field. More than 40% of the industry stakeholders are
very large firms.
330+ patents related to medical device
batteries have been filed since 2015
North America and Europe are anticipated to capture close
to 50% market share, by 2030
On the other hand, Asia
Pacific is expected to witness a higher growth rate as compared to other
geographies due to the advancement in healthcare facilities. Currently, the
market is driven by the sales of medical device batteries designed for wearable
medical devices (75%), followed by those intended to power implantable devices
(25%). Further, rechargeable medical device batteries currently capture 25% of
the overall market share (in terms of sales revenues).
To request a sample copy / brochure of this report, please
visit this - https://www.rootsanalysis.com/reports/medical-device-batteries-market/request-sample.html
Key Questions Answered
§
§
§
§
§
§
§
The USD XX billion (by 2030) financial opportunity within
the medical device batteries market has been analyzed across the following
segments:
§
- Lithium
based
- Zinc
Air based
- Nickel
based
- Others
§
- Implantable
- Wearable
§
- Rechargeable
- Non-Rechargeable
§
- Hearing
Aids
- Patient
Monitoring Devices
- Drug
Delivery Devices
- Cardiovascular
Medical Devices
- Others
§
- North
America
- Europe
- Asia
Pacific
- Latin
America
- Middle
East and North Africa
- Rest
of the World
The research includes detailed profiles of key players
(listed below) engaged in the development of medical device batteries; each
profile features an overview of the developer, its financial information (if
available), recent developments and an informed future outlook.
§
§
§
§
§
§
§
§
§
§
§
§
For additional details, please visit https://www.rootsanalysis.com/reports/medical-device-batteries-market.html or email sales@rootsanalysis.com
You may also be interested in the following titles:
About Roots Analysis
Roots Analysis is one of the fastest growing
market research companies, sharing fresh and independent perspectives in the bio-pharmaceutical
industry. The in-depth research, analysis and insights are driven by an
experienced leadership team which has gained many years of significant
experience in this sector. If you’d like help with your growing business needs,
get in touch at info@rootsanalysis.com
Contact Information
Roots
Analysis Private Limited
Gaurav Chaudhary
+1 (415) 800 3415
Facebook - https://www.facebook.com/RootsAnalysis
LinkedIn - https://www.linkedin.com/company/roots-analysis/mycompany/
Twitter - https://twitter.com/RootsAnalysis