North America Medical Power Supply Devices Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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North America Medical Power Supply Devices 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

All power supplies have a power input connection, which receives energy in the form of electric current from a source, and one or more power output connections that deliver current to the load. The source power may come from the electric power grid, such as an electrical outlet, energy storage devices such as batteries or fuel cells, generators or alternators, solar power converters, or another power supply.

North America Medical Power Supply Devices Market Segments Size & Growth:

North America Medical Power Supply Devices Market size is projected to reach approximately $423.51 million by the end of 2024 with a CAGR of close to 5.87% from $295.81 million in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include Rising Incidence of Diseases, Growing Geriatric Population, Increasing Incidence of Hospital-Acquired Infections, and Growth in the Number of Surgical Procedures. However, Product Recalls, and Stringent Regulatory Requirements for the Approval of Medical Supplies are thereby hampering the market growth.

North America Medical Power Supply Devices Market Segments Share:

North America Medical Power Supply Devices Market is categorised into Technology which comprises

North America Medical Power Supply Devices 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

of the AC-DC power supply and DC-DC power supply. Among them, the AC-DC power supply accounted for the most significant share of the market. The advantages of AC-DC over DC-DC power supply, such as low energy consumption, low risk of current leakage, and higher efficiency are supporting the growth of the AC-DC power supply market. By Type, the market is segmented into Sterilization Consumables, Hypodermic Products, Personal Protection Equipment (PPE), Intubation & Ventilation Supplies, Infusion Products, and Others. By Application, the market is segmented into Urology, Wound Care, Radiology, Anesthesia, Sterilization, Cardiology, Ophthalmology, and Others. By End-User, the market is segmented into Hospitals, Clinics/Physician Offices, Assisted Living Centers & Nursing Homes, Ambulatory Surgery Centers, and Others. Among them, the hospital end-user segment is estimated to be the most dominant segment due to the increasing demand for medical care at home. By Geography, USA dominates the North America market for medical power supply devices due to secure adoption of technology advancements and wide-ranging technical applications of medical power supply devices in the region.

North America Medical Power Supply Devices Market

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North America Medical Power Supply Devices 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

Trends:

Delta Medical Power Solutions announced a new series of AC adapter and open-frame models for medical power supply applications.
Power supply manufacturers are currently focusing on developing compact-sized and energy-efficient medical power supplies for wireless test and measurement equipment for medical applications.

North America Medical Power

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