Medical Power Supply Market Future Scope Including key players: Advanced Energy Industries, Delta Electronics, TDK-Lambda Corporation

 

Medical Power Supply Market Future Scope Including key players: Advanced Energy Industries, Delta Electronics, TDK-Lambda Corporation

This study on Medical Power Supply Market involved the extensive use of both primary and secondary sources. The research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, fundamental market dynamics, and key player strategies.

The medical power supply market is projected to reach USD 1.8 billion by 2025 from USD 1.3 billion in 2020, at a CAGR of 6.9% during the forecast period.

To know about the assumptions considered for the study download the pdf brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1208

The competitive landscape includes the analysis of the key growth strategies adopted by major players between 2017–2020 to expand their global presence and increase their market shares in the medical power supply market. The key growth strategies adopted by the top players in the market include product launches and approvals, agreements, expansions, and acquisitions. Acquisitions were the most widely adopted growth strategies by market players in the last three years to garner a larger share of the market. In 2019, the medical power supply market was dominated by Advanced Energy Industries (US), Delta Electronics (Taiwan), TDK-Lambda Corporation (Japan), SL Power Electronics (US), and XP Power (Singapore),

Advanced Energy Industries (US) has a wide range of product offerings in the medical power supply market, including low voltage AC-DC medical power supply, low voltage DC-Dc medical power supply, high voltage AC-DC power Supply and High voltage DC-DC power supply. The company sustains its key position in the global medical power supply s market owing to its multiple strategic acquistion Advanced Energy Industries has a strong product portfolio, supporting around medical OEMs worldwide.The company is focused on innovations and improving the quality of its products with increasing investment in its R&D department. Advanced Energy Industries global footprint allows it to cater to a customer base across North America, Europe, Middle East & Africa , and Asia Pacific.

Recent Developments
· Bel Fuse (US) entered into a definitive agreement to acquire EOS Power India (India). This acquisition will strengthen the company’s existing client base of medical power supply

· Advanced Energy Industries (US) introduced Excelsys CoolX3000 modular, configurable power platform designed for a wide range of demanding medical and industrial applications

· XP Power (Singapore) acquired Glassman High Voltage (US) which enabled company to offer a full suite of products, from miniaturized low-power modules to high-power rack-mounted high voltage solutions.

Frequently Asked Questions (FAQ):

1. What is the expected addressable market value of major medical power supply products over a 5-year period?

2. Which converter type segment is expected to garner highest traction within the medical power supply market?

3. What are the strategies adopted by the top market players to penetrate across emerging regions?

4. What are the major factors expected to limit the growth of the medical power supply market?

5. What is the adoption pattern for novel medical power supply products across major healthcare markets?

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