Lucintel's latest market report analyzed that medical battery provides attractive opportunities in patient monitoring, general medical batterys, cardiovascular, orthopedic, and home healthcare. The medical battery market is expected to reach $2.6 billion by 2028 with a CAGR of 5.2%. In this market, cardiovascular is the largest segment by application, whereas non-implantable is largest by product. Increasing recycling of lithium-ion batteries to reduce waste and introduction of thin film batteries to make lightweight, smaller size wearable devices provides strategic growth path in this market.
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Based on application, the medical battery market is segmented into patient monitoring, general medical, cardiovascular medical, orthopedic, home healthcare, and other devices. The cardiovascular segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing chronic and cardiovascular diseases in various regions.
Browse in-depth TOC on “Medical Battery Market”
140 – Tables
129 – Figures
221 – Pages
The Medical Battery Market is marked by the presence of several big and small players. Some of the prominent players offering medical battery include KholbergKravish Roberts, Boston Scientific, GE Healthcare, Siemens, Integer Holding, EaglePicher Technology, and Saft Group.
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