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Ancora Holdings, Inc. Clarke, Dawn Garibaldi and Scott M. ISP Start. The former Everton and Swansea star won 52 caps for Wales. Dublin, Feb. This report features an extensive study of the current market landscape and future potential of medical device batteries, focusing on implants and wearable medical devices, over the next decade. The study features an in-depth analysis of the key drivers and trends related to this domain. The medical devices market currently represents a sizeable segment of the healthcare industry.
Driven by the increasing prevalence of chronic disorders as well as the technological advancements in this domain, the market is projected to continue its growth at a commendable pace over the coming years. In fact, since , close to 55 medical devices have been approved by the USFDA and over 7, clinical trials focused on medical devices have been registered worldwide.
The exponential growth in wearable medical devices and implants, such as hearing aids, implantable cardiac defibrillators, infusion pumps, neurostimulators and pacemakers, has led to an increase in demand for safe, compact, light-weight and high energy density batteries with better cycle life. Despite the numerous advantages offered by the batteries, including backup power, portability and user-comfort, safety concerns related to premature battery depletion leading to malfunctioning of the medical device , release of heat when overcharged or exposed to high temperatures and toxicity due to electrolyte leakage may present some impediments in the growth of the global medical batteries market.
A number of companies have developed advanced battery technologies to address the known challenges. Medical device developers have begun using novel batteries to differentiate their current product portfolios, as well as to introduce new product categories.
Increasing prevalence of heart disease across the globe is amongst the key factors driving growth of the global medical batteries market. Moreover, the increasing awareness regarding fitness is expected to significantly drive the usage of wearable device batteries propelling the growth of this market during the next decade. Amongst other elements, the report includes: An overview of the current market landscape of medical device batteries, along with information on key product specifications, such as battery chemistry lithium based, zinc air based, silver oxide based, alkaline based, nickel based and hydrogen gas based , voltage less than 3V, 3V to 6V, more than 6V , capacity less than mAh, mAh to mAh, more than mAh , weight less than 5g, 5g to 10g, It also includes details of companies developing medical device batteries, along with information on year of establishment, company size, location of headquarters and highlights the leading developers, in terms of number of offerings.
Elaborate profiles of prominent players engaged in the development of medical device batteries, featuring a brief overview of the company, its financial information if available , information on its product portfolio, recent developments and an informed future outlook. It also includes a patent benchmarking analysis and a detailed valuation analysis. One of the key objectives of the report was to estimate the existing market size and identify potential growth opportunities for medical device batteries.
Based on multiple parameters, we have developed an informed estimate of the likely evolution of the market, over the period The report also features sales forecasts for batteries for wearable and implantable devices, and features analysis of the current and forecasted opportunity across important market segments, namely [A] battery chemistry lithium based, zinc air based, nickel based and others , [B] type of device wearable and implantable , [C] rechargeability rechargeable and non-rechargeable , [D] application hearing aids, patient monitoring devices, drug delivery devices, cardiovascular devices and others and [E] key geographies North America, Europe, Asia Pacific, Middle East and Latin America, and Rest of the World.
In order to account for future uncertainties and to add robustness to our model, we have provided three market forecast scenarios namely the conservative, base and optimistic scenarios, which represent different tracks of the industry's evolution. The opinions and insights presented in this study were influenced by discussions conducted with multiple stakeholders in this domain.
Who are the leading developers of medical device batteries, focused on implantable and wearable medical devices? What are the key applications of medical device batteries in the modern healthcare industry? Who are the most likely partners for medical device battery developers? How is the intellectual property landscape in this field likely to evolve in the foreseen future? What are the factors that are likely to influence the market's evolution?
How is the current and future opportunity likely to be distributed across key market segments? Key Topics Covered: 1. Scope of the Report1. Research Methodology1. Key Questions Answered1. Chapter Outlines 2. Chapter Overview3. Overview of Batteries3. History of Development3. Battery Components and Working Principle3. Key Components3. Properties of Components3. Working Principle3. Types of Batteries Used in Medical Devices3. Lithium Batteries3. Chemistry and Construction3.
Types of Lithium Batteries3. Advantages and Disadvantages3. Applications in Medical Devices3. Zinc Air Batteries3. Silver Oxide Batteries3. Alkaline Batteries3. Nickel Batteries3. Types of Nickel Batteries3. Role of Batteries in Healthcare3. Cardiovascular Medical Devices3. Drug Delivery Devices3.
Patient Monitoring Devices3. Hearing Aids3. Batteries used in Implants and Wearable Medical Devices3. Concluding Remarks 4. Chapter Overview4. Analysis by Battery Chemistry4. Analysis by Battery Voltage4. Analysis by Battery Capacity4. Analysis by Battery Weight4. Analysis by Type of Device4. Analysis by Rechargeability4.
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