Market Overview:
The global rechargeable medical battery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for patient monitoring devices and general medical devices, rising awareness about home healthcare devices, and growing number of aging population. Based on type, the global rechargeable medical battery market is segmented into lithium ion (Li-Ion) battery, nickel cadmium (Ni-Cd) battery, nickel metal hydride (Nimh) battery, alkaline-manganese battery, and others. The Li-Ion Battery segment is expected to account for the largest share of the global rechargeable medical battery market in 2018 owing to its high energy density and long life cycle. Based on application, the global rechargeable medical batteries are segmented into patient monitoring devices, general medical devices such as defibrillators and infusion pumps), home healthcare devices such as blood pressure monitors and respiratory therapy equipment), and others.
Product Definition:
A rechargeable medical battery is a battery that can be reused after being discharged. This type of battery is important because it can help reduce the amount of waste produced by medical devices.
Lithium Ion (Li-Ion) Battery:
Lithium-ion (Li-ion) batteries are the most common rechargeable battery used in portable devices including digital cameras, cellular phones, and PDA’s. These batteries have a higher energy density as compared to other conventional batteries such as Nickel-Cadmium and alkaline batteries.
Nickel Cadmium (Ni-Cd) Battery:
Nickel cadmium (NiCd) batteries are rechargeable batteries made from a combination of nickel and cadmium. The typical composition of these batteries is 60% by weight of Cadmium, 40% by weight of Nickel. These types of rechargeable battery have the ability to provide high energy density in a small space which makes them very useful for applications such as hearing aids, portable medical devices and toys among others.
Application Insights:
The general medical devices segment dominated the global rechargeable medical battery market in 2017. This can be attributed to increasing demand for such batteries in various hospital equipment, including cardiac monitors, respiratory care devices and diagnostic imaging systems. In addition, growing investments by government agencies and private companies for R&D pertaining to the development of energy-efficient products is expected to boost product demand over the forecast period.
The patient monitoring devices segment is anticipated register a significant CAGR during the forecast period owing to rising demand from several applications including point-of-care testing, home healthcare monitoring and portable vital signs measurement tools among others. Furthermore, increasing investments by industry players for research & development activities pertaining patient monitoring are also expected fuel market growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing disposable income, growing medical tourism, and favorable government policies in developing economies. For instance, in India, a policy named “Healthy India†was introduced by the government of India in 2014 with an aim to provide affordable healthcare services throughout the country. This policy is expected to increase healthcare spending by promoting generic drugs and medical devices manufacturing as well as curb high incidence of mortality due to various infectious diseases like dengue & malaria that are preventable with proper treatment & care.
In addition, rising awareness about chronic diseases management through better lifestyle modification has increased demand for these batteries across several developing countries such as China.
Growth Factors:
- Increasing demand for rechargeable medical batteries from the healthcare sector as a result of the increasing number of portable medical devices
- Growing awareness about the benefits of using rechargeable medical batteries among consumers
- Technological advancements in rechargeable medical battery technology that improve performance and extend battery life
- Rising demand for eco-friendly and sustainable rechargeable medical batteries
- Increasing number of collaborations and partnerships between battery manufacturers and healthcare companies to develop innovative products
Scope Of The Report
Report Attributes
Report Details
Report Title
Rechargeable Medical Battery Market Research Report
By Type
Lithium Ion (Li-Ion) Battery, Nickel Cadmium (Ni-Cd) Battery, Nickel Metal Hydride (Nimh) Battery, Alkaline-Manganese Battery, Others
By Application
Patient Monitoring Devices, General Medical Devices, Home Healthcare Devices, Others
By Companies
Ultralife Corp, Saft Groupe S. A. (Total), EaglePicher Technologies, Kholberg Kravish Roberts (Panasonic), Bytec, EnerSys, Electrochem Solutions, Integer, Shenzen Kayo Battery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Rechargeable Medical Battery Market Report Segments:
The global Rechargeable Medical Battery market is segmented on the basis of:
Types
Lithium Ion (Li-Ion) Battery, Nickel Cadmium (Ni-Cd) Battery, Nickel Metal Hydride (Nimh) Battery, Alkaline-Manganese Battery, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Patient Monitoring Devices, General Medical Devices, Home Healthcare Devices, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ultralife Corp
- Saft Groupe S. A. (Total)
- EaglePicher Technologies
- Kholberg Kravish Roberts (Panasonic)
- Bytec
- EnerSys
- Electrochem Solutions
- Integer
- Shenzen Kayo Battery
Highlights of The Rechargeable Medical Battery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lithium Ion (Li-Ion) Battery
- Nickel Cadmium (Ni-Cd) Battery
- Nickel Metal Hydride (Nimh) Battery
- Alkaline-Manganese Battery
- Others
- By Application:
- Patient Monitoring Devices
- General Medical Devices
- Home Healthcare Devices
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rechargeable Medical Battery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A rechargeable medical battery is a type of battery that can be recharged. This is important because it means that the battery will last longer and will not need to be replaced as often.
Some of the major players in the rechargeable medical battery market are Ultralife Corp, Saft Groupe S. A. (Total), EaglePicher Technologies, Kholberg Kravish Roberts (Panasonic), Bytec, EnerSys, Electrochem Solutions, Integer, Shenzen Kayo Battery.
The rechargeable medical battery market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rechargeable Medical Battery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rechargeable Medical Battery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rechargeable Medical Battery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rechargeable Medical Battery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rechargeable Medical Battery Market Size & Forecast, 2020-2028
4.5.1 Rechargeable Medical Battery Market Size and Y-o-Y Growth
4.5.2 Rechargeable Medical Battery Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Lithium Ion (Li-Ion) Battery
5.2.2 Nickel Cadmium (Ni-Cd) Battery
5.2.3 Nickel Metal Hydride (Nimh) Battery
5.2.4 Alkaline-Manganese Battery
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Patient Monitoring Devices
6.2.2 General Medical Devices
6.2.3 Home Healthcare Devices
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rechargeable Medical Battery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rechargeable Medical Battery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Lithium Ion (Li-Ion) Battery
9.6.2 Nickel Cadmium (Ni-Cd) Battery
9.6.3 Nickel Metal Hydride (Nimh) Battery
9.6.4 Alkaline-Manganese Battery
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Patient Monitoring Devices
9.10.2 General Medical Devices
9.10.3 Home Healthcare Devices
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Lithium Ion (Li-Ion) Battery
10.6.2 Nickel Cadmium (Ni-Cd) Battery
10.6.3 Nickel Metal Hydride (Nimh) Battery
10.6.4 Alkaline-Manganese Battery
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Patient Monitoring Devices
10.10.2 General Medical Devices
10.10.3 Home Healthcare Devices
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Lithium Ion (Li-Ion) Battery
11.6.2 Nickel Cadmium (Ni-Cd) Battery
11.6.3 Nickel Metal Hydride (Nimh) Battery
11.6.4 Alkaline-Manganese Battery
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Patient Monitoring Devices
11.10.2 General Medical Devices
11.10.3 Home Healthcare Devices
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Lithium Ion (Li-Ion) Battery
12.6.2 Nickel Cadmium (Ni-Cd) Battery
12.6.3 Nickel Metal Hydride (Nimh) Battery
12.6.4 Alkaline-Manganese Battery
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Patient Monitoring Devices
12.10.2 General Medical Devices
12.10.3 Home Healthcare Devices
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Lithium Ion (Li-Ion) Battery
13.6.2 Nickel Cadmium (Ni-Cd) Battery
13.6.3 Nickel Metal Hydride (Nimh) Battery
13.6.4 Alkaline-Manganese Battery
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Patient Monitoring Devices
13.10.2 General Medical Devices
13.10.3 Home Healthcare Devices
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rechargeable Medical Battery Market: Competitive Dashboard
14.2 Global Rechargeable Medical Battery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ultralife Corp
14.3.2 Saft Groupe S. A. (Total)
14.3.3 EaglePicher Technologies
14.3.4 Kholberg Kravish Roberts (Panasonic)
14.3.5 Bytec
14.3.6 EnerSys
14.3.7 Electrochem Solutions
14.3.8 Integer
14.3.9 Shenzen Kayo Battery
