Batteries in Medical Equipment and Devices: Global Strategic Business Report

Global Batteries in Medical Equipment and Devices Market to Reach $4.5 Billion by 2030

The global market for Batteries in Medical Equipment and Devices estimated at US$2.4 Billion in the year 2022, is projected to reach a revised size of US$4.5 Billion by 2030, growing at a CAGR of 7.9% over the analysis period 2022-2030. Lithium Batteries, one of the segments analyzed in the report, is projected to record 9.8% CAGR and reach US$2.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Nickel-Metal Hydride Batteries segment is readjusted to a revised 4.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $666.9 Million, While China is Forecast to Grow at 13.3% CAGR

The Batteries in Medical Equipment and Devices market in the U.S. is estimated at US$666.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 13.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

Select Competitors (Total 64 Featured) -

• Duracell Inc.
• Energizer Holdings, Inc.
• EnerSys
• Panasonic Corporation of North America
• Saft Groupe SA
• Tadiran Batteries GmbH

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year