Lithium-ion is expected to remain the largest segment in the global medical battery market


Posted July 28, 2021 by Lucintel

An exciting new study from the team of Lucintel found that medical battery market is expected to reach $2.2 billion by 2025 with a CAGR of 4.1%.

 
An exciting new study from the team of Lucintel found that medical battery market is expected to reach $2.2 billion by 2025 with a CAGR of 4.1%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The medical battery market is segmented based on application, battery chemistry type, product type, battery type, capacity type, and region. In this market, lithium-ion is the largest segment by chemistry type, whereas cardiovascular device battery is largest by application. Players can benefit from the available opportunities like increasing awareness and advancement of healthcare.
The increasing recycling of lithium-ion batteries to reduce waste and introduction of thin film batteries to make lightweight, smaller size wearable devices are emerging trends having impact on dynamics of the industry.
GE Healthcare, Siemens, Kholberg Kravish Roberts, Boston Scientific, Integer Holding, EaglePicher Technology, and Saft Group are some of the major players profiled in this 225 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the medical battery market by application (patient monitoring, general medical, cardiovascular medical, orthopedic, home healthcare, and other devices), battery chemistry type (lithium-ion, lead acid, zinc air, and others), 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the medical battery market?
Q.4 What are some changing demands of customers in the medical battery market?
Q.5 What are the new developments in the medical battery market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this medical battery area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in these medical battery market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Last Updated July 28, 2021