Global Medical Batteries Market by Product Type (Implantable Batteries and Non-Implantable Batteries), by Battery Type (Lithium Batteries, Nickel-Metal Hydride Batteries, Zinc-air batteries), by End User (Hospitals and Nursing Homes, Clinics, Diagnostic Centers, Home Care Settings, Others) and by Geography - Trends and Forecast to 2025

Battery systems consists of one or more storage batteries and battery chargers, and includes inverters, converters, and associated electrical equipment. As instruments are increasingly becoming computerized and mobile, systems’ performance and reliability depends on its battery. There are three major types of batteries used in medical devices based on their chemical composition, which includes lithium batteries, nickel-metal hydride batteries, and zinc-air batteries. Demand for medical batteries has increased significantly in the recent past, due to advancements in technology in lithium ion batteries for better performance and durability. For instance, in December 2017, Hong Kong-based company, Surwon Technology, has successfully completed the grapheme layering process to conduct energy through lithium-ion battery,

The global medical batteries market was valued at US$ 2,059.1 million in 2016 and is expected to witness a robust CAGR of 6.4% over the forecast period (2017–2025).

Medical Batteries Market Share (%) By Batteries - 2017

Medical Batteries Market

SOURCE: COHERENT MARKET INSIGHTS ANALYSIS

Increasing demand for battery powered portable and implantable devices is expected to fuel growth of the medical batteries market

Manufacturers are focusing on manufacturing battery, which can provide high performance and have long-life span. For instance, CONMED launched Hall lithium battery system in 2013, which has double power storage capability than standard batteries and can be used in reconstructive orthopedic procedures for uninterrupted surgery procedure. Furthermore, increasing demand for implantable devices to cater to rising population suffering from chronic diseases such as diabetes and cardiovascular, is expected to aid in high demand for implantable batteries. According to World Health Organization (WHO), CVDs are the major cause of death globally: more people die annually from CVDs. In 2015, it was estimated that 17.7 million people died from CVDs, representing 31% of all global deaths. Of these deaths, an estimated 7.4 million were due to coronary heart disease and 6.7 million were due to stroke, which is expected to increase the demand of pacemakers, in turn favoring the growth of medical batteries. Moreover, in February 2017, Ultralife Corporation launched 492Wh Lithium iron phosphate (LiFePO4) smart battery, which is equipped with accurate fuel gauging and integrated safety circuitry that is designed to replace Sealed Lead Acid (SLA) batteries used in medical carts.

Increasing prevalence of chronic diseases such as diabetes and cardiovascular is leading to rising demand for medical batteries in devices required for treatment of these diseases. According to Center for Disease Control and Prevention in 2015, leading cause of death in the U.S. was heath disease and each year about 630,000 Americans die from heart disease. This is expected to support demand for medical devices required for treatment and prevention of this disease in turn aiding in growth of the medical batteries market in the U.S. Furthermore, the number of people suffering from diabetes increased from 108 million in 1980 to 422 million in 2014 worldwide. This has led to high demand for products such as insulin pumps, which require batteries.

However, safety concerns related to lithium batteries is a major factor restraining growth of medical batteries market. Lithium rechargeable batteries have the potential to overheat and even catch fire, this can occur due to overcharging, overloading, or by over-stressing due mechanical or environmental pressure .The U.S. Food and Drug Administration (FDA) has issued a warning regarding potential fire hazards  due to the use of lithium-ion batteries in mobile medical carts. Furthermore, according to FDA reports, in 2016, cases related to hospital fires and other health hazards, associated with batteries used in mobile medical carts and their chargers include explosions, fires, smoking, or overheating of equipment that required hospital evacuations.

Some major players operating in the medical batteries market are 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.

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 lead to increasing 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 medical batteries market.

Market Dynamics

Increasing prevalence of heart disease is also expected to favor growth of the medical batteries market, as it leads to increasing demand for pacemakers and cardioverter defibrillator that are powered by the batteries. According to World Health Organization (WHO), CVDs are the major cause of death globally, and more people die annually from CVDs. In 2015, it was estimated that 17.7 million people died from CVDs, representing 31% of all the deaths, globally. Of these, an estimated 7.4 million were due to coronary heart disease and 6.7 million were due to stroke. Therefore, demand for cardiac implantable devices such as pacemaker, defibrillators, which are powered by medical batteries is increasing, in turn fueling growth of the market.

Furthermore, increasing awareness regarding fitness is expected to drive the usage of batteries in wearable devices, which also supports growth of the medical batteries market.

Key features of the study:

  • This report provides an in-depth analysis of global medical batteries market provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017–2025), considering 2016 as the base year.
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
  • It profiles leading players in the global medical batteries market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
  • 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 decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics.
  • The global medical batteries market report caters to various stakeholders in this industry including investors, suppliers, medical batteries, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the 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 Centers
    • Home Care Settings
    • Other End User
  • Global Medical Batteries market, By Geography:
    • North America
      • 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 
      • By Battery Type
        • Lithium Batteries
        • Nickel –Metal Hydride Batteries
        • Zinc-air Batteries
        • Other Batteries
      • By End User
        • Hospitals and Nursing Homes
        • Clinics
        • Diagnostic Centers
        • Home Care Settings
        • Other End User
      • By Country
        • U.S.
        • Canada
    • Europe
      • 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 
      • By Battery Type
        • Lithium Batteries
        • Nickel –Metal Hydride Batteries
        • Zinc-air Batteries
        • Other Batteries
      • By End User
        • Hospitals and Nursing Homes
        • Clinics
        • Diagnostic Centers
        • Home Care Settings
        • Other End User
      • By Country
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Spain
        • Rest of Europe
    • Asia Pacific
      • 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 
      • By Battery Type
        • Lithium Batteries
        • Nickel –Metal Hydride Batteries
        • Zinc-air Batteries
        • Other Batteries
      • By End User
        • Hospitals and Nursing Homes
        • Clinics
        • Diagnostic Centers
        • Home Care Settings
        • Other End User
      • By Country
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • 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 
      • By Battery Type
        • Lithium Batteries
        • Nickel –Metal Hydride Batteries
        • Zinc-air Batteries
        • Other Batteries
      • By End User
        • Hospitals and Nursing Homes
        • Clinics
        • Diagnostic Centers
        • Home Care Settings
        • Other End User
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East
      • 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 
      • By Battery Type
        • Lithium Batteries
        • Nickel –Metal Hydride Batteries
        • Zinc-air Batteries
        • Other Batteries
      • By End User
        • Hospitals and Nursing Homes
        • Clinics
        • Diagnostic Centers
        • Home Care Settings
        • Other End User
      • By Country
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • 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 
      • By Battery Type
        • Lithium Batteries
        • Nickel –Metal Hydride Batteries
        • Zinc-air Batteries
        • Other Batteries
      • By End User
        • Hospitals and Nursing Homes
        • Clinics
        • Diagnostic Centers
        • Home Care Settings
        • Other End User
      • By Country
        • North Africa
        • Central Africa
        • South Africa
  • Company Profiles
  • Ultralife Corporation *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments
      • Key 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.

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
  8. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Ultralife Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • EaglePicher Technologies LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • EnerSys
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Liberating Technologies, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Panasonic Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Tadiran Batteries Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Saft Group S.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Arotech Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • SHENZHEN KAYO BATTERY Co., Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Vitec Group plc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 40 market data tables and 36 figures on "Medical Batteries Market” - Global forecast to 2025”.

Research Methodology

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