South America Medical Power Supply Devices Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
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
A power supply is a hardware component that supplies power to an electrical device. It receives power from an electrical outlet and converts the current from AC (alternating current) to DC (direct current), which is what the computer requires.
South America Medical Power Supply Devices Market Segments Size & Growth:
South America Medical Power Supply Devices Market size is projected to reach approximately $ 110.83 million by the end of 2024 with a CAGR of close to 4.87% from $ 71.11 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.
South America Medical Power Supply Devices Market Segments Share:
South America Medical Power Supply Devices Market is categorised into Technology which comprises of the AC-DC power supply and DC-DC power supply. Among them, the AC-DC power supply accounted for
South 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
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, Brazil dominates the South 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.
South America Medical Power Supply Devices Market Trends:
- Delta Medical Power Solutions announced a new series
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South 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
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.
South America Medical Power Supply Devices Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The primary market players, such as
- Delta Electronics Inc.
- TDK Lambda
- SL Power Electronics
- Emerson Network Power
- Powerbox
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