The medical Power supplies are the equipment that convert the incoming power into a compatible form suitable for the medical device. These can be used to provide electricity for a wide range of medical applications such as X-ray, MRI, and CT scans, surgical machines, dental equipment etc. The global medical power supply devices can be used at various places from hospitals to clinics, care centers, or diagnostic centers.
The major influences behind the expected boom of this market are technical advancements in the healthcare sector, innovations in power supplies market and rising inclination towards household healthcare. Increased global rise in demand for healthcare facilities, growing aging population and government funding for R&D also account for the hike in the market.
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Market can be segmented on the basis of construction or application. On the basis of construction, the Medical power supply market is segmented into open-frame or enclosed power supplies, external power supplies, U-bracket power supplies, and encapsulated power supplies. On basis of application, it is classified into power supplies for diagnostic equipment, surgical equipment medical, monitoring equipment, home patient care equipment or dental equipment
North America dominates the world medical power supplies market followed by Asia and Europe. The growing market of the Asia-Pacific is anticipated to witness highest growth rate in the forecast period. This can be credited to the immense volumes of funds these countries are putting for Research and Development in healthcare.
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The key players identified in the market are:
HUI, Inc. (U.S.)
Handy and Harman (U.S.)
XP Power (Singapore)
Spellman High Voltage Electronics Corporation (U.S.)
Delta Electronics (Taiwan)
Powerbox International AB (Sweden)
Astrodyne TDI Power Supplies and EMI Filters (U.S.)
Wall Industries (U.S)
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