The global medical power supply market size was valued at USD 1.79 Billion in 2024. Looking forward, the market is forecast to reach USD 2.84 Billion by 2033, exhibiting a CAGR of 4.99% from 2025-2033. North America currently dominates the market. The market is primarily driven by the increasing demand for energy-efficient solutions, the emerging trend of miniaturization of power supplies, and the rising emphasis on enhanced safety and compliance features to meet stringent regulatory standards and ensure patient safety.
Medical power supply refers to the equipment used for delivering current to medical devices. They are used with conductors and electronic components to provide isolation between the alternating current (AC) input, internal high voltage systems and the direct current (DC) output. Some of the commonly used medical power supply systems include enclosed, open frame, external, configurable, U-bracket and encapsulated devices. They utilize reinforced insulation materials and AC-DC and DC-DC power supplies. They are used in diagnostic, medical monitoring, home patient care, dental and surgical equipment. These devices reduce electromagnetic interference and minimize the risks of electric shocks and current leakages. As a result, they are widely used in diagnostic centers, hospitals, clinics and research laboratories.
2. What is the future outlook of the medical power supply market?
3. What are the key factors driving the medical power supply market?
4. Which region accounts for the largest medical power supply market share?
5. Which are the leading companies in the global medical power supply market?
Medical power supply refers to the equipment used for delivering current to medical devices. They are used with conductors and electronic components to provide isolation between the alternating current (AC) input, internal high voltage systems and the direct current (DC) output. Some of the commonly used medical power supply systems include enclosed, open frame, external, configurable, U-bracket and encapsulated devices. They utilize reinforced insulation materials and AC-DC and DC-DC power supplies. They are used in diagnostic, medical monitoring, home patient care, dental and surgical equipment. These devices reduce electromagnetic interference and minimize the risks of electric shocks and current leakages. As a result, they are widely used in diagnostic centers, hospitals, clinics and research laboratories.
Medical Power Supply Market Trends:
Significant growth in the medical industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, rising concerns regarding patient safety is providing a thrust to the market growth. With the increasing adoption of portable, smaller and lightweight medical equipment, healthcare organizations are widely utilizing medical power supply systems to provide effective care to the patient. Additionally, due to the onset of the coronavirus (COVID-19) pandemic, medical power supply systems are being extensively used to operate advanced equipment, such as ventilators, oxygen concentrators, magnetic resonance imaging (MRI), CT scan, electrocardiograph (ECG) and multiparameter patient monitoring devices. In line with this, the increasing preference for in-home patient care among the masses is also contributing to the market growth. Other factors, including the widespread adoption of data centers to maintain electronic health records (EHRs), along with extensive improvements in the healthcare infrastructure, are anticipated to drive the market toward growth.Market Segmentation:
This report provides an analysis of the key trends in each segment of the global medical power supply market, along with forecasts at the global, regional, and country levels from 2025-2033. The market has been categorized based on type, converter type, and application.Breakup by Type:
- Open Frame Power Supply
- Enclosed Power Supply
- Adapter Power Supply
- Converters
Breakup by Converter Type:
- AC-DC Power Supply
- DC-DC Power Supply
Breakup by Application:
- Diagnostic, Imaging and Monitoring Equipment
- Surgical Equipment
- Home Medical Equipment
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Energy Industries Inc., Cosel Co. Ltd., CUI Inc., Delta Electronics Inc., FRIWO Gerätebau GmbH, GlobTek Inc., MEAN WELL Enterprises Co. Ltd., SL Power Electronics Corp., SynQor Inc., TDK-Lambda Corporation (TDK Corporation), Wall Industries Inc. (Continental Resources Inc.) and XP Power.Key Questions Answered in This Report
1. How big is the medical power supply market?2. What is the future outlook of the medical power supply market?
3. What are the key factors driving the medical power supply market?
4. Which region accounts for the largest medical power supply market share?
5. Which are the leading companies in the global medical power supply market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Medical Power Supply Market
6 Market Breakup by Type
7 Market Breakup by Converter Type
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Advanced Energy Industries Inc.
- Cosel Co. Ltd.
- CUI Inc.
- Delta Electronics Inc.
- FRIWO Gerätebau GmbH
- GlobTek Inc.
- MEAN WELL Enterprises Co. Ltd.
- SL Power Electronics Corp.
- SynQor Inc.
- TDK-Lambda Corporation (TDK Corporation)
- Wall Industries Inc. (Continental Resources Inc.)
- XP Power
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 134 |
| Published | May 2025 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 1.79 Billion |
| Forecasted Market Value ( USD | $ 2.84 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
