Medical Power Supply Devices Market Challenges, opportunities, Key Regions reports, Drivers, key segment and Company Forecast, 2019 - 2027
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The equipment used to deliver current to medical devices is referred to as a medical power supply. They are used in conjunction with conductors and electronic components to isolate the alternating current (AC) input, internal high voltage systems, and direct current (DC) output. Enclosed, open frame, external, configurable, U-bracket, and encapsulated devices are some of the most commonly used medical power supply systems. They make use of reinforced insulation materials as well as AC-DC and DC-DC power supplies. They can be found in diagnostic, medical monitoring, home patient care, dental, and surgical equipment. These devices reduce electromagnetic interference and the dangers of electric shocks and current leaks. As a result, they're common in diagnostic centres, hospitals, clinics, and research labs.
Over the forecast period, the rising emergence of multi-functional equipment is expected to restrain growth in the global medical power supply devices market. The sudden appearance of multi-functional medical equipment has hampered demand for application-specific equipment, resulting in lower sales of medical power supply devices. Many manufacturers are actively marketing medical devices with a variety of functions and features. Chinese manufacturers, for example, offer multifunctional 'Anesthesia' machines with built-in ventilator systems. Furthermore, companies like DRE Medical, Inc. provide hospital-grade patient monitors for applications like ECG monitoring and Capnography.
The increased market penetration of portable and integrated medical devices, as well as the acceptance of home-use healthcare products, are expected to fuel market growth. Furthermore, rising demand for portable and home-based devices dampens market growth during the forecasted period. Growing awareness of the benefits of medical power supplies, such as improved thermal management, improved power factor correction, and reduced audible noise, is also expected to drive market growth.
The key players operating in the global medical power supply devices market are Astrodyne TDI, SL Power Electronics, Powerbox International AB, TDK Lambda Corporation, Artesyn Embedded Technologies (Emerson Network Power), GlobTek, Inc., ICCNexergy, FRIWO Geratebau GmbH, Excelsys Technology, and Delta Electronics, Inc.
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