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
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Batteries in Medical Equipment and Devices - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Batteries in Medical Equipment And Devices: Market Outlook
- Rise in Demand for Home Health Care Batteries Amid COVID-19
3. MARKET TRENDS & DRIVERS
- Rise in Prevalence Of Chronic Diseases and Increasing Demand for Medical Devices Spurs Demand for Batteries
- Rise in Chronic Disease Prevalence in Millions in the US: 2009-2019
- FDA Approvals for Battery Powered Devices
- Regulations for Medical Device Batteries: An Insight
- Increasing Role of Lithium Ion Batteries in Medical Devices
- Concerns over Safety of Batteries Pose a Challenge
- Growth in Demand for Battery-powered Medical Cart Computers
- Increasing Adoption of Wearable Medical Device Raises Demand for More Powerful Batteries
- New Battery Developments in Response to Medical Device Needs
- Rise in Demand for Smart Batteries for Medical Devices
- Ultra-thin, Solid-State Batteries: A New Segment in Demand
- Researchers Develop Heart’s Energy to Power Life-Saving Devices
- Miniaturized Wireless Medical Wearables and Battery Challenges
- Edible Batteries for Ingestible Medical Devices: A Review
- Role of Advanced Lithium Batteries in Addressing Miniaturization
- Growth in Cordless Surgical Devices Drives the Need for Advanced Batteries
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World Historic Review for Batteries in Medical Equipment and Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 3: World 16-Year Perspective for Batteries in Medical Equipment and Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
- Table 4: World Recent Past, Current & Future Analysis for Lithium Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 5: World Historic Review for Lithium Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 6: World 16-Year Perspective for Lithium Batteries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Nickel-Metal Hydride Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World Historic Review for Nickel-Metal Hydride Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 9: World 16-Year Perspective for Nickel-Metal Hydride Batteries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 10: World Recent Past, Current & Future Analysis for Zinc-Air Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 11: World Historic Review for Zinc-Air Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 12: World 16-Year Perspective for Zinc-Air Batteries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Other Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: World Historic Review for Other Batteries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 15: World 16-Year Perspective for Other Batteries by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 16: World Batteries in Medical Equipment and Devices Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 17: USA Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 18: USA Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 19: USA 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
CANADA
- Table 20: Canada Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: Canada Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 22: Canada 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
JAPAN
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 23: Japan Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 24: Japan Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 25: Japan 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
CHINA
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 26: China Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: China Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 28: China 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
EUROPE
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 29: Europe Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 30: Europe Historic Review for Batteries in Medical Equipment and Devices by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 31: Europe 16-Year Perspective for Batteries in Medical Equipment and Devices by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
- Table 32: Europe Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: Europe Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 34: Europe 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
FRANCE
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 35: France Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 36: France Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 37: France 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
GERMANY
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 38: Germany Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: Germany Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 40: Germany 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
ITALY
- Table 41: Italy Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 42: Italy Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 43: Italy 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
UNITED KINGDOM
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 44: UK Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: UK Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 46: UK 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
SPAIN
- Table 47: Spain Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 48: Spain Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 49: Spain 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
RUSSIA
- Table 50: Russia Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Russia Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 52: Russia 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
REST OF EUROPE
- Table 53: Rest of Europe Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 54: Rest of Europe Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 55: Rest of Europe 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
ASIA-PACIFIC
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 57: Asia-Pacific Historic Review for Batteries in Medical Equipment and Devices by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 58: Asia-Pacific 16-Year Perspective for Batteries in Medical Equipment and Devices by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
- Table 59: Asia-Pacific Recent Past, Current & Future Analysis for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 60: Asia-Pacific Historic Review for Batteries in Medical Equipment and Devices by Type - Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 61: Asia-Pacific 16-Year Perspective for Batteries in Medical Equipment and Devices by Type - Percentage Breakdown of Value Sales for Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-Air Batteries and Other Batteries for the Years 2014, 2023 & 2030
AUSTRALIA
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
LATIN AMERICA
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
MIDDLE EAST
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
AFRICA
- Batteries in Medical Equipment and Devices Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Duracell Inc.
- Energizer Holdings, Inc.
- EnerSys
- Panasonic Corporation of North America
- Saft Groupe SA
- Tadiran Batteries GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 132 |
Published | April 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 2.3 Billion |
Forecasted Market Value ( USD | $ 3.6 Billion |
Compound Annual Growth Rate | 6.6% |
Regions Covered | Global |