Medical power supply is the supplies required for a variety of medical applications. Power supply equipment is discrete and standalone devices. There is a heavy demand for AC-DC Medical Power Supplies in the market. Characteristics such as infrastructural developments, advancements in medical power supply products are anticipated to drive the need for the market during the forecast period. The increased focus on home healthcare is a crucial factor responsible for bringing advantageous opportunities in the market for the future. The AC-DC medical Power Supply type of power supply is employed in MRI systems, CT scanners, X-ray monitors, and ECG monitors, to name a few. Some of the advantages of AC-DC medical power supply, like low energy consumption, low risk of current leakage, and greater efficiency supporting its market growth, making the end-users prefer the AC-DC Power Supplies.
MARKET SCOPE
The "Global AC-DC Medical Power Supply Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the AC-DC medical power supply market with detailed market segmentation by type, end use, and geography. The report provides key statistics on the market status of the leading AC-DC medical power supply market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global AC-DC medical power supply market is segmented into 200w and below, 201w to 1000w, 1001w to 3000w, 3001w and above.
- On the basis of end use, the market is segmented into hospital, clinics, homecare settings, others.
MARKET DYNAMICS
Drivers
- Rise in the demand for portable and homecare devices.
- The escalation of diagnostic equipment's.
- Rise in the cases of chronic diseases.
- Increase in healthcare expenditure.
Restraints
- The complications in the adjusting to the device system is the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The AC-DC medical power supply market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the AC-DC medical power supply market in these regions.
IMPACT OF COVID-19 ON AC-DC MEDICAL POWER SUPPLY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the AC-DC medical power supply market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from AC-DC medical power supply market are anticipated to lucrative growth opportunities in the future with the rising demand for AC-DC medical power supply in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the AC-DC medical power supply market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Delta Electronic
- RECOM Power
- Astrodyne TDI
- Excelsys
- CUI Inc
- Friwo Ger?tebau
- Globtek
- Handy and Harman
- Inventus Power
- Mean Well Enterprises
The Insight Partner's dediAC-DC medical power supplyed research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.