The North America Medical Batteries Market would witness market growth of 4.4% CAGR during the forecast period (2023-2030).
Wireless charging technologies are gaining prominence in the medical batteries market. This trend is particularly relevant for implantable devices, where wireless charging eliminates the need for surgical procedures to replace batteries. It also enhances patient comfort and reduces the risk of infections. Wireless charging technologies offer a paradigm shift by eliminating the need for surgical procedures to replace batteries in implantable devices. This is achieved through inductive or resonant wireless charging systems that enable power transfer to the implanted device without needing physical connections. The charging process can be initiated externally, typically through a charging pad or a specialized device, allowing for a non-invasive and efficient power replenishment.
Additionally, with the diverse requirements of medical devices, there is a growing trend toward customized battery solutions. Battery manufacturers work closely with medical device manufacturers to tailor battery specifications to specific healthcare devices' unique power needs and form factors. Large-scale medical equipment like MRI machines and CT scanners may have unique power demands and operational cycles. Customized battery solutions for these devices must align with their specific energy consumption patterns and operational modes. Devices like portable ventilators or continuous positive airway pressure (CPAP) machines may require batteries that prioritize energy density and reliability for extended use during critical situations.
The United States has a robust and continually growing demand for medical devices. The aging population, advancements in medical technology, and the prevalence of chronic diseases drive the need for a wide range of medical devices, many of which are powered by batteries. Hence, rising healthcare expenditure and home healthcare trends in North America will assist in the growth of the regional medical batteries market.
The US market dominated the North America Medical Batteries Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $467.6 million by 2030. The Canada market is experiencing a CAGR of 6.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.8% during (2023 - 2030).
Free Valuable Insights: The Medical Batteries Market is Predict to reach $1.8 Billion by 2030, at a CAGR of 5.1%
Based on End-user, the market is segmented into Hospitals, Ambulatory Surgical Centers, Home Healthcare Settings, and Research Institutes. Based on Application, the market is segmented into Implantable Medical Devices, Portable & Wearable Medical Devices, and Non-implantable Medical Devices. Based on Battery Type, the market is segmented into Lithum-ion Batteries, Nickel-Metal Hydride (NiMH) Batteries, Alkaline Batteries, Zinc-Air Batteries, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By End-user
By Application
By Battery Type
By Country
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