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(MoneyNewsWire.Net, March 01, 2018 ) According to the report North America Medical Power Supply Devices Market, published by Market Data Forecast, The Market is estimated to be a $288.79 million market in 2015 and is believed to reach $379.41 Million by 2020, with a growth rate of 5.61% CAGR.
A medical power supply device is an electrical equipment like reactors and transformers for example that are used to supply power for various medical devices.
Browse market data tables and in-depth TOC of the North America Medical Power Supply Devices Market to 2020 @ https://www.marketdataforecast.com/market-reports/north-america-medical-power-supply-devices-market-61/
Medical Power Supply devices market is growing at a significant rate as a result of increase in the increasing popularity for powered equipment in healthcare, aging population sector and advancements in the healthcare facilities. Powered medical equipment are also gaining popularity attributing to their increased efficiency and user-friendly nature offered by them in a medical examination. Furthermore, technological innovations in the field and initiatives from the governments are increasing the use of medical equipment which are in turn aiding the growth of medical power supply devices market. 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.
North America Medical Power Supply Devices Market: Segmentation
By Technology
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
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In addition, on the basis of geography, the North America market is analysed under various regions namely, USA and Canada. 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.
The latest trends observed in medical power supply devices market includes companies being involved in R&D division for more innovations and ground-breaking products with enhanced efficiency. Some of the major companies operating in the medical power supply devices market are Powerbox, SL Power Electronics, TDK Lambda, Emerson Network Power, Astrodyne Corporation, ICCNexergy, Delta Electronics, Inc., Excelsys Technology and Mean Well Enterprises Co., Ltd.
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The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porters Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
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