Medical Batteries Market is estimated to surpass US$ 3,574.9 Million with CAGR of 6.4% by 2028

Battery systems are made up of battery chargers and storage batteries, as well as converters, inverters, and other electrical components. As instruments become more computerized and portable, the efficiency and dependability of the system are heavily reliant on the battery. Based on their chemical constitution, primarily there are three batteries types for medical devices: zinc-air batteries, nickel-metal hydride batteries, and lithium batteries. Medical batteries consumption has been increasing substantially in recent years, owing to technological improvements in lithium-ion batteries for improved performance and reliability. For instance, Surwon Technology, a company based in Hong Kong, achieved the graphene stacking method to transmit energy over lithium-ion batteries in December 2017.

The PDF for the study can be requested using the following link: https://www.coherentmarketinsights.com/insight/request-pdf/1174

In 2016, the global medical batteries market was worth US$ 2,059.1 Mn and is expected to grow at a 6.4 % CAGR during the forecast period of 2017 to 2025.

Rising demand for battery-powered implantable and mobile devices is expected to propel the global medical batteries market growth over the forecast period.

Manufacturers are concentrating on producing batteries with impressive performance and a longer lifespan. For instance, in 2013, CONMED introduced the Hall lithium battery system, having twice the power storage capacity of ordinary batteries and the system can be utilized for reconstructive orthopedic operations for an uninterrupted surgery.

Apply Here For The Sample Copy Of The Report @ https://www.coherentmarketinsights.com/insight/request-sample/1174

Furthermore, growing need for implanted devices to treat chronic conditions such as cardiovascular disease and diabetes is expected to increase the implantable batteries demand. According to the World Health Organization (WHO), cardiovascular diseases are the leading source of death worldwide, the majority of people die due to cardiovascular diseases each year. Cardiovascular diseases were projected to account for 17.7 million deaths in 2015, accounting for 31% of worldwide mortalities. A projected 6.7 million deaths were caused by stroke and 6.7 million deaths by coronary heart disease, which is expected to boost demand for pacemakers, therefore encouraging the demand for medical batteries.

Furthermore, Ultralife Corporation introduced a 492Wh Lithium iron phosphate (LiFePO4) smart battery in February 2017, built with precise fuel gauging and cohesive safety circuits, and it is meant to substitute Sealed Lead Acid (SLA) batteries employed for medical carts.

Growing incidence of chronic diseases such as cardiovascular diseases and diabetes are increasing demands for medical batteries for devices used to treat these conditions. According to the Centers for Disease Control and Prevention, heart disease was the top cause of death in the U.S. in 2015, causing around 630,000 deaths of the U.S. citizens each year.

This is expected to bolster demand for medical devices used in the prevention and treatment of this disease, therefore contributing to the medical batteries market growth in the U.S. Moreover, the global diabetes cases rose around 422 million in 2014 from 108 million in 1980. This has resulted in a strong demand for products requiring batteries, such as insulin pumps.

Furthermore, safety concerns about lithium batteries are a key issue hindering the global medical batteries market growth over the forecast period. Overloading, overcharging or over-stressing caused by mechanical or environmental conditions can cause lithium rechargeable batteries to overheat and can catch on fire.

The U.S. Food and Drug Administration (FDA) announced a safety alert on the usage of lithium-ion batteries in portable medical carts, citing the risk of fire. Moreover, in 2016, according to U.S. Food and Drug Administration (FDA) data, events connected to fires in hospitals and other health concerns related to batteries used in portable medical carts and chargers comprised explosions, flames, smoke, or overheating in devices that necessitated hospital evacuations.

Key players in the global medical batteries market include Arotech Corporation, EnerSys, Tadiran Batteries Limited, Vitec Group plc, Liberating Technologies, Shenzhen Kayo Battery Co. Limited, EaglePicher Technologies LLC, Saft Group S.A., Ultralife Corporation, and Panasonic Corporation.

Buy Now This Premium Report to Grow your Business @ https://www.coherentmarketinsights.com/insight/buy-now/1174

Table of Contents

1. Research Objective and assumption
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Purview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Usage
     • Market Snippet, By Battery Type
     • Market Snippet, By End User
     • Market Snippet, By Region
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Technological Trends
   • PEST Analysis
   • PORTER’s Analysis
   • Alternative Option Under Research
4. Global Medical Batteries Market, By Usage, 2015–2025 (US$ Million)
   • Introduction
     • Market Share Analysis, 2017 and 2025 (%)
     • Y-o-Y Growth Analysis, 2015–2025
     • Segment Trends
   • Implantable Devices Batteries
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Pacemakers Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Implantable Cardioverter Defibrillator
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Neurostimulators Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Cochlear Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Infusion Pumps
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Other Implantable Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
   • Non-Implantable Devices Batteries
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Diagnostic Imaging Device Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Patient Monitoring Device Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Critical Care Support Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • In vitro Diagnostics Instrument Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Therapeutic Devices
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Prosthetic Device Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
     • Other Non-Implantable Batteries
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
5. Global Medical Batteries Market, By Battery Type, 2015–2025 (US$ Million)
   • Introduction
     • Market Share Analysis, 2017 and 2025 (%)
     • Y-o-Y Growth Analysis, 2015–2025
     • Segment Trends
   • Lithium Batteries
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
   • Nickel-Metal Hydride Batteries
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
   • Zinc-air Batteries
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
   • Other Batteries
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
6. Global Medical Batteries Market, By End User, 2015–2025 (US$ Million)
   • Introduction
     • Market Share Analysis, 2017 and 2025 (%)
     • Y-o-Y Growth Analysis, 2015–2025
     • Segment Trends
   • Hospitals and Nursing Homes
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
   • Clinics
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
   • Diagnostic Centers
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
   • Home Care Settings
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
   • Other End User
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2015–2025, (US$ Million )
7. Global Medical Batteries Market, By Regions, 2015–2025 (US$ Million )
   • Introduction
     • Market Share Analysis, By Region, 2017 and 2025 (%)
     • Y-o-Y Growth Analysis, For Regions, 2015–2025
   • North America
     • Market Size and Forecast, By Usage, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Battery Type, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By End User, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast, By Usage, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Battery Type, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By End User, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
       • Germany
       • U.K.
       • France
       • Italy
       • Spain
       • Russia
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast, By Usage, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Battery Type, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By End User, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
       • China
       • India
       • Japan
       • Australia
       • South Korea
       • ASEAN
       • Rest of APAC
   • Latin America
     • Market Size and Forecast, By Usage, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Battery Type, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By End User, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
       • Brazil
       • Mexico
       • Rest of Latin America
   • Middle East
     • Market Size and Forecast, By Usage, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Battery Type, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By End User, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
       • GCC
       • Israel
       • Rest of Middle East
   • Africa
     • Market Size and Forecast, By Usage, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Battery Type, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By End User, 2015–2025 (US$ Mn)
     • Market Size and Forecast, By Country, 2015–2025 (US$ Mn)
       • South Africa
       • Central Africa
       • North Africa