According to the report “Global Medical Power Supply Devices Market,” published by Market Data Forecast, market size was worth USD 539.34 billion in 2018 and is expected to reach USD 708.24 billion by 2023 at a CAGR of 5.6%. A medical power supply device refers to the medical electrical equipment for instance transformers and reactors that are used for supply of power to various medical devices. Power supplies are electronic or electrical equipment, which changes the form of a source of power into the desired form compatible with equipment for which the power supply is used. Medical power supply devices are used in a wide range of medical applications such as MRI, X-ray, CT and PET scanners, patient monitors, blood analyzers, DNA equipment, dental equipment, and robotic surgical devices. Specification and selection of power supplies for medical applications is a task that needs to be executed effectively; especially, due to the frequent changes in the safety and environmental standards for medical equipment. Electromagnetic Interference (EMI) creates significant distortion to the operation of equipment. Medical equipment is more sensitive to Electromagnetic Interference (EMI) as compared to industrial equipment. This, in turn, makes EMC (Electromagnetic Compatibility) with efficient performance a key challenge for OEMs of medical power supply devices. Get a comprehensive overview of the Global Medical Power Supply Devices Market: http://www.marketdataforecast.com/market-reports/medical-power-supply-devicesmarket-60/ Rise in digitally controlled and high efficiency power supply devices, developments in medical device technology, growing opportunities in developing economies, portable medical devices and increase in frequency of occurrence of lifestyle diseases are the driving forces for the market. However, stringent regulations and certification bodies, downturn in many major economies and the high cost that are associated with these medical devices are the few factors restraining the growth of market for medical power supply devices. Request a sample to stay up-to-date on the main trends affecting this market http://www.marketdataforecast.com/market-reports/medical-power-supply-devicesmarket-60/request-sample Global Medical Power Supply Devices Market: Segmentation ByTechnology   AC-DC power supply DC-DC power supply By Type      Enclosed External Open Frame Configurable Encapsulated By Application      Medical Monitoring Equipment Diagnostic Equipment Dental Equipment Home Patient Care Equipment Surgical Equipment Global Medical Power Supply Devices Market: Region-wise Outlook Furthermore, based on geography the global medical power supply device market is analysed under various regions namely, North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America dominates the global market for medical power supply devices due to easy adoption of technology advancements and wide-ranging technical applications of medical power supply devices in the region. Asia, followed by the Europe, is likely to experience high growth rate in the coming few years in global medical power supply devices market. In the next few years, the growth of the market in the Asian region is likely to be centred at India, China, Taiwan, Korea, and Singapore Global Medical Power Supply Devices Market: Key Players One of the latest trends that have been observed in medical power supply devices market includes companies being involved in R&D division for more ground-breaking products with enhanced efficiency. Some of the major companies operating in the medical power supply devices market are TDK Lambda, SL Power Electronics, Emerson Network Power, ICCNexergy, Powerbox, Astrodyne Corporation, Delta Electronics, Inc., Mean Well Enterprises Co., Ltd and Excelsys Technology. About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com. Contact: Abhishek Shukla Sales Manager Market Data Forecast Direct Line: +1-888-702-9626 Mobile: +91 998 555 0206 Mail: [email protected]

Market By Type (Electro Medical Equipment, Irradiation Apparatus, Dental Equipment And Supplies, Cardiology Devices, In Vitro Diagnostics (IVD) Devices, Kidney/dialysis Devices, Diagnostic Imaging Devices, Ophthalmology Devices, Orthopedic Devices, Endoscopy Devices, Diabetes Care Devices, Anesthesia & Respiratory Care Devices, And Wound Management Devices), By End User(Clinics And Hospitals, Medical Device Industries And Research And Pharmaceutical Industries)