Medical Power Supply Market Report 2026

The medical power supply market size has grown strongly in recent years. It will grow from $2.04 billion in 2025 to $2.25 billion in 2026 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to early adoption in diagnostic equipment, reliance on conventional power sources, initial deployment in operating rooms, growth in surgical devices, integration with monitoring systems.

The medical power supply market size is expected to see rapid growth in the next few years. It will grow to $3.3 billion in 2030 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to rising adoption of energy-efficient power supplies, integration with smart hospital systems, expansion in home care and long-term care centers, deployment in ambulatory surgical centers, development of modular and adaptive power solutions. Major trends in the forecast period include development of high-efficiency medical power supplies, integration of smart power management systems, implementation of ac-dc and dc-dc converters, deployment of energy-efficient adapter solutions, expansion of modular and enclosed power supply systems.

Rising healthcare expenditure is expected to drive the growth of the medical power supply market going forward. Health expenditure includes all spending related to the provision of health services, family planning activities, nutrition programs, and health-related emergency assistance. Medical devices offer healthcare professionals essential support in the diagnosis and treatment process, playing a crucial role in the safe and effective prevention, diagnosis, treatment, and rehabilitation of illnesses and diseases. For example, in April 2025, a report published by the Office for National Statistics, a UK-based government department, stated that between 2023 and 2024, total healthcare expenditure increased by 6.5% in nominal terms and by 2.4% in real terms after adjusting for inflation. Additionally, government-funded healthcare accounts for the majority of healthcare spending in the UK, totaling £258 billion in 2024, representing a real-terms increase of 2.5% compared to 2023. Therefore, rising healthcare expenditure is driving the growth of the medical power supply market.

Companies operating in the medical power supply market are focusing on developing innovative solutions such as GaN-based desktop medical AC/DC adapters to achieve higher efficiency, smaller size, and improved thermal performance for advanced healthcare equipment. A GaN desktop medical AC/DC adapter uses gallium nitride semiconductor switches instead of traditional silicon MOSFETs, enabling higher switching frequencies, reduced energy loss, and significantly increased power density in a compact form factor. For example, in April 2024, EDAC POWER, a Taiwan-based power electronics manufacturer, introduced the EM1450 Series, a GaN-based medical-grade desktop adapter delivering up to 450-500 W output power with an output voltage range of 19-56 V DC. The adapter offers efficiency up to 92%, low leakage current, and compliance with 2×MOPP and IEC/EN 60601-1 medical safety standards. Designed for use in diagnostic instruments, therapeutic devices, and patient monitoring systems, it provides superior performance, compactness, and energy efficiency compared to conventional silicon-based power supplies.

In January 2024, Astrodyne TDI, LLC, a US-based provider of power supplies, EMI/RFI filters, and power distribution units, acquired Powertronix, Inc. for an undisclosed amount. Through this acquisition, Astrodyne TDI seeks to strengthen its capabilities in designing and manufacturing medical-grade power solutions, expand its product portfolio with toroidal transformers and AC/DC inductors, and reinforce its position as a leading provider of high-reliability power systems for medical, industrial, and semiconductor applications. Powertronix, Inc. is a US-based provider of toroidal transformers, AC/DC inductors, and power distribution equipment for medical and industrial equipment manufacturers.

Major companies operating in the medical power supply market are Mean Well Enterprises Co. Ltd, Delta Electronics Inc., Advanced Energy Industries Inc., Astrodyne TDI Holdings, Bel Fuse Inc., Fuhua Electronic, Shenzhen Megmeet Electric, XP Power, CUI Inc., Powerbox International AB, Spellman High Voltage Electronics Corporation, Wall Industries Inc., SynQor Inc., Artesyn Embedded Technologies, Excelsys Technologies Ltd., FRIWO Gerätebau GmbH, Inventus Power, Protek Power N.A. Inc., P-Duke Power Co. Ltd., EOS Power India Pvt. Ltd., GlobTek Europe Ltd., Power Partners Inc., SL Montevideo Technology Inc., TDK Corporation, Traco Electronic AG.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the medical power supply market by increasing the costs of imported electronic components, transformers, and converter modules. Hospitals, diagnostic centers, ambulatory surgical centers, and home care facilities in Europe, North America, and Asia-Pacific are most affected due to dependence on imported supplies. Nevertheless, tariffs are driving domestic manufacturing, regional sourcing, and innovation in energy-efficient and modular power solutions, improving supply chain resilience and equipment reliability.

The medical power supply market research report is one of a series of new reports that provides medical power supply market statistics, including medical power supply industry global market size, regional shares, competitors with a medical power supply market share, detailed medical power supply market segments, market trends and opportunities, and any further data you may need to thrive in the medical power supply industry. This medical power supply market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Medical power supplies are power sources designed to generate conditioned outputs for a variety of instruments, equipment, and medical devices, including those used in dental procedures, ophthalmic applications, ultrasound devices, and surgical procedures conducted within operating rooms. These power supplies are engineered in compliance with safety standards such as IEC 601 (EN 60601) and UL 60601, which specifically pertain to electrical equipment for professional medical and dental use.

The main types of medical power supplies include open-frame power supplies, enclosed power supplies, adapter power supplies, and converters. Enclosed power supplies take the open-frame format and encase it within a frame or box, typically constructed from materials like metal or plastic, and can be either solid or perforated. Converter types include AC-DC power supplies and DC-DC power supplies. Medical power supplies find application in various end-user settings, including hospitals, ambulatory surgical centers, clinics, long-term care centers, diagnostic centers, rehabilitation centers, and home care settings.North America was the largest region in the medical power supply market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical power supply market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the medical power supply market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The medical power supply market consists of sales of body type (B), body floating type (BF), and cardiac floating type (CF), tabletop power supplies, wall mount power supplies, AC DC wall adapters, DC/DC switching power products, inverters, and transformers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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