DALLAS, July 11, 2019 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the global medical battery market looks promising in the segments of patient monitoring, general medical devices, cardiovascular, orthopedic, and home healthcare. The global medical battery market is expected to reach an estimated $2.2 billion by 2024 with a CAGR of 4.6% from 2019 to 2024. The major drivers for this market are increasing demand for battery powered portable and implantable devices in medical diagnostic and therapeutic practices.
Browse 142 market data tables and 147 figures spread through 225 pages and in-depth TOC on “Global Medical Battery Market" at https://www.lucintel.com/medical-battery-market.aspx
In this market, different types of medical battery such as lithium-ion, lead acid, zinc air, and osthers are used as battery chemistry type. On the basis of comprehensive research, Lucintel forecasts that lithium-ion batteries will remain the largest segment as well as witness the highest growth over the forecast period due to their unique characteristics, such as high voltage and energy density.
Download Free PDF Brochure @ https://www.lucintel.com/medical-battery-market.aspx#/
North America is anticipated to remain the largest market due to its advanced healthcare infrastructure. APAC is expected to witness the highest growth over the forecast period due to increasing awareness and advancement of healthcare in this region.
Pre-Purchase Query @ https://www.lucintel.com/medical-battery-market.aspx#/
Emerging trends which have a direct impact on the dynamics of the medical battery market include increasing recycling of lithium-ion batteries to reduce waste and introduction of thin film batteries to make lightweight, smaller size wearable devices. GE Healthcare, Siemens, Kholberg Kravish Roberts, Boston Scientific, Integer Holding, EaglePicher Technology, and Saft Group are among the major medical battery manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed and forecasted for the global medical battery market by application, battery chemistry type, product type, battery type, capacity type, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global Medical Battery Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.
For a detailed table of contents, contact Lucintel at +1-972-636-5056 or mail at helpdesk@lucintel.com.
Media contact:
Brandon Fitzgerald
Lucintel
Tel. 972.636.5056
Cell: 303.775.0751