Medical Batteries Market

Batteries are becoming increasingly significant in improving the overall safety, performance, and reliability of many medical devices. Increasing demand for battery powered instruments and devices is expected to increasing the demand for medical batteries, due to advancement in surgical procedure to provide more precision. Medical batteries are classified into implantable devices batteries and non-implantable batteries. The use of medical batteries is increasing significantly especially in implantable medical devices such as pacemakers, cardioveter defibrillator, neurostimulators batteries, and cochlear batteries; and non-implantable devices such as diagnostic imaging device, patient monitoring device, critical care support, and in vitro diagnostics instrument. This is expected to aid in growth of the market.

Furthermore, recent advancement with zinc-air batteries, which are available in button sizes as direct replacements of other button-type batteries. Moreover, the use of coin-sized zinc-air batteries in portable electronic devices and personal medical equipment such as cardiac monitors and transmitters is expected to be another factor for growth of the global medical batteries market.

Market Dynamics

Increasing research and development is expected to drive the global medical batteries market growth over the forecast period. For instance, in December 2021, according to data published by National Center for Biotechnology Information, engineers at the University of British Columbia created a flexible waterproof battery that is durable enough to undergo multiple wash cycles. It functions when stretched to double its original length, made of low-cost materials, making it potentially highly suited for wearable health monitoring technology, such as items of clothing, patches, or watches that monitor vital signs. The researchers chose zinc and manganese dioxide to manufacture the flexible batteries because the battery is intended to be worn near the skin, and they wanted it to be as safe as possible in the event of leakage.

Key features of the study:

• This report provides an in-depth analysis of the global medical batteries market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global medical batteries market  based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Ultralife Corporation, EaglePicher Technologies LLC, EnerSys, Liberating Technologies, Inc., Panasonic Corporation, Tadiran Batteries Ltd., Saft Groupe S.A., Arotech Corporation, SHENZHEN KAYO BATTERY Co., Ltd, and Vitec Group plc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global medical batteries market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical batteries market

Detailed Segmentation:

• Global Medical Batteries Market, By Usage:
  • Implantable Devices Batteries
    • Pacemakers Batteries
    • Implantable Cardioverter Defibrillator
    • Neurostimulators Batteries
    • Cochlear Batteries
    • Infusion Pumps
    • Other Implantable Batteries 
  • Non-Implantable Devices Batteries
    • Diagnostic Imaging Device Batteries
    • Patient Monitoring Device Batteries
    • Critical Care Support Batteries
    • In vitro Diagnostics Instrument Batteries
    • Therapeutic Devices
    • Prosthetic Device Batteries
    • Other Non-implantable Batteries
• Global Medical Batteries Market, By Battery Type:
  • Lithium Batteries
  • Nickel –Metal Hydride Batteries
  • Zinc-air Batteries
  • Other Batteries
• Global Medical Batteries Market, By End User:
  • Hospitals and Nursing Homes
  • Clinics
  • Diagnostic Centres
  • Home Care Settings
  • Other End User
• Global Medical Batteries Market, By Region:
  • North America
    • By Country
      • U.S.
      • Canada
  • Latin America
    • By Country
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
  • Middle East
    • By Country
      • GCC
      • Israel
      • Rest of Middle East
  • Africa
    • By Region/Country
      • South Africa
      • Central Africa
      • North Africa
• Company Profiles
  • Ultralife Corporation *
    • Company Highlights
    • Products Portfolio
    • Key Highlights
    • Financial Performance
    • Strategies
  • EaglePicher Technologies LLC
  • EnerSys
  • Liberating Technologies, Inc.
  • Panasonic Corporation
  • Tadiran Batteries Ltd.
  • Saft Group S.A.
  • Arotech Corporation
  • SHENZHEN KAYO BATTERY Co., Ltd
  • Vitec Group plc.

“*” marked represents similar segmentation in other categories in the respective section.