Global Medical Power Supply Market – Size, Outlook, Trends and Forecast (2024

Global Medical Power Supply Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

The medical power supply is a device that is used in an extensive range of medical applications such as MRI, X-ray, CT, patient monitors, blood analyzers, PET scanners, dental equipment, DNA equipment, and robotic surgical devices. The global medical power supply market is valued at $1.05 Billion in 2017 and is estimated to reach $1.4 Billion by 2025 at a CAGR of 6.6% during 2019-2025. The market growth is primarily attributed by the factors such as increases in funding and infrastructural developments, the rise in the number of healthcare facilities, growing demand for portable and home based devices, and increasing incidences of chronic diseases are the major factors driving the growth of the market. Huge cost involves in the process, and strict government regulations and guidelines are major restraints that are obstructing the growth of the market. Emerging markets and technological advancements in healthcare equipment are creating profitable opportunities for the market during the forecast period.

Research Study Objectives:

Define, estimate, and forecast the Medical Power Supply market statistics by technology, type, application, power range and regions concerning the individual growth drivers, market trends and their contribution toward the Medical Power Supply market growth
Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Medical Power Supply Market Analysis
Analysis and conclusions on the future Medical Power Supply market outlook.

Top-down and bottom-up approaches are used to validate the Medical Power Supply Market Size and are used to estimate the size of other dependent submarkets. Key players in the

Global Medical Power Supply Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top is further categorised

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Global Medical Power Supply Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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