The future of the 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 decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $2.2 billion by 2025 with a CAGR of 3% to 5% from 2020 to 2025. The major drivers for this market are increasing demand for battery powered portable and implantable devices in medical diagnostic and therapeutic practices.

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.

A total of 147 figures / charts and 142 tables are provided in this 225 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of medical battery market report download the report brochure.

Medical Battery


In this market, lithium is the largest segment by material, whereas cardiovascular and other devices are the largest applications. Growth in various segments of the medical battery market are given below:

Medical Battery Market by Segments


Medical Battery
The study includes the medical battery market trends and forecast for the medical battery market through 2025, segmented by application, battery chemistry type, product type, battery type, capacity type, and region, as follows:

Medical Battery Market by Application [Value ($ Million) from 2014 to 2025]:
Patient Monitoring Devices General Medical DevicesCardiovascular Medical DevicesOrthopedic Devices Home Healthcare Devices Other Devices
Medical Battery Market by Battery Chemistry Type [Value ($ Million) from 2014 to 2025]:
Lithium-ionLead AcidZinc AirOthers
Medical Battery Market by Product [Value ($ Million) from 2014 to 2025]:
Implantable BatteriesNon-Implantable Batteries
Medical Battery Market by Battery Type [Value ($ Million) from 2014 to 2025]:
Rechargeable Non-Rechargeable
Medical Battery Market by Capacity Type [Value ($ Million) from 2014 to 2025]:
Less than 1000 mAh1000-2000 mAhAbove 2000 mAh
Medical Battery Market by Region [Value ($ Million) from 2014 to 2025]:
North AmericaUnited StatesCanadaMexicoEuropeGermanyFranceUnited KingdomItalySpainAPACChinaIndiaJapanROWBrazil
Some of the medical batteries companies profiled in this report include GE Healthcare, Siemens, Kholberg Kravish Roberts, Boston Scientific, Integer Holding, EaglePicher Technology, and Saft Group are among the major suppliers of medical batteries.

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. These qualities make lithium-ion batteries the preferred choice for implantable medical devices.

In the medical battery market, the cardiovascular device battery segment is expected to witness the highest growth over the forecast period due to increasing chronic and cardiovascular diseases in various regions.

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.

Some of the features of this report:
Market size estimates: Medical battery market size estimation in terms of value ($M) shipment.Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use and use industry.Segmentation analysis: Medical battery market size by application, battery chemistry type, product type, battery type, and capacity type in terms of value and volume shipment.Regional analysis: Medical battery market breakdown by key regions such as North America, Europe, and Asia & Rest of World.Growth opportunities: Analysis on growth opportunities in different applications and regions of medical battery in the medical battery market.Strategic analysis: This includes M&A, new product development, and competitive landscape of medical battery in the medical battery market.Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report addresses the following key questions:

Q.1. What are some of the most promising, high growth opportunities for the medical battery (medical battery market, medical batteries market, medical battery market, medical battery solutions, implantable medical batteries, lithium-ion batteries market) market by application (patient monitoring, general medical, cardiovascular medical, orthopedic, home healthcare, and other devices), battery chemistry type (lithium-ion, lead acid, zinc air, and osthers), product (implantable and non-implantable), battery type (rechargeable and non-rechargeable), capacity type (0-1000 mAh, 1000-2000 mAh, and 2000-above mAh), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which product segment will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this medical battery (medical battery market, medical batteries market, medical battery market, medical battery solutions, implantable medical batteries, lithium-ion batteries market) market?
Q.5. What are the business risks and competitive threats in this medical battery (medical battery market, medical batteries market, medical battery market, medical battery solutions, implantable medical batteries, lithium-ion batteries market) market?
Q.6. What are the emerging trends in this medical battery (medical battery market, medical batteries market, medical battery market, medical battery solutions, implantable medical batteries, lithium-ion batteries market) market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the medical battery (medical battery market, medical batteries market, medical battery market, medical battery solutions, implantable medical batteries, lithium-ion batteries market) market?
Q.8. What are the new developments in the medical battery (medical battery market, medical batteries market, medical battery market, medical battery solutions, implantable medical batteries, lithium-ion batteries market) market and which companies are leading these developments?
Q.9. Who are the major players in this medical battery (medical battery market, medical batteries market, medical battery market, medical battery solutions, implantable medical batteries, lithium-ion batteries market) market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What are some of the competing products in this medical battery (medical battery market, medical batteries market, medical battery market, medical battery solutions, implantable medical batteries, lithium-ion batteries market) market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activity has occurred in the last 5 years in this medical battery (medical battery market, medical batteries market, medical battery market, medical battery solutions, implantable medical batteries, lithium-ion batteries market) market?


Report scope

Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages 225
Market Representation / Units Revenue in US $ Billion and Volume in Million Units
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling
Market Segments By application (patient monitoring, general medical, cardiovascular medical, orthopedic, home healthcare, and other devices), By battery chemistry type (lithium-ion, lead acid, zinc air, and osthers), product (implantable and non-implantable), By battery type (rechargeable and non-rechargeable), and By capacity type (0-1000 mAh, 1000-2000 mAh, and 2000-above mAh)
Regional Scope North America (The United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Italy, and Spain), Asia Pacific (China, India, and Japan), and RoW (Brazil)
Customization 10% Customization Without any Additional Cost