Trends and Forecast for the Global Medical Battery MarketTrends, opportunities and forecast in medical battery market to 2027 by application (patient monitoring, general medical, cardiovascular medical, orthopedic, home healthcare, and other devices), battery chemistry type (lithium-ion, lead acid, zinc air, and osthers), product (implantable and non-implantable), battery type (rechargeable and non-rechargeable), capacity type (0-1000 mAh, 1000-2000 mAh, and 2000-above mAh), and region (North America, Europe, Asia Pacific, and the Rest of the World)Lucintel's latest market report analyzed that medical battery provides attractive opportunities in patient monitoring, general medical batterys, cardiovascular, orthopedic, and home healthcare. The medical battery market is expected to reach $2.4 billion by 2027 with a CAGR of 5.1%. In this market, cardiovascular is the largest segment by application, whereas non-implantable is largest by product. Increasing recycling of lithium-ion batteries to reduce waste and introduction of thin film batteries to make lightweight, smaller size wearable devices provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/medical-battery-market.aspx Based on application, the medical battery market is segmented into patient monitoring, general medical, cardiovascular medical, orthopedic, home healthcare, and other devices. The cardiovascular segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing chronic and cardiovascular diseases in various regions.
Browse in-depth TOC on “Medical Battery Market”
52 – Tables
73 – Figures
202 – Pages
The Medical Battery Market is marked by the presence of several big and small players. Some of the prominent players offering medical battery include Kholberg Kravish Roberts, Boston Scientific, GE Healthcare, Siemens, Integer Holding, EaglePicher Technology, and Saft Group.
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