According to research report the report Medical Power Supply Market is expected to reach USD 1,218.6 Million by 2022 from USD 885.3 Million in 2017, at a CAGR of 6.6% from 2017 to 2022.The major factors driving the growth of this market can be attributed to the growth in funding and infrastructure development, advancements in medical power supply products, and rising trend of home healthcare.While product launch and enhancements remain at the center of the strategic growth initiatives pursued by a majority of the key players in the global medical power supply market, players are also focusing on increasing their presence in the high-growth markets through agreements, expansions, and acquisitions.
XP Power (Singapore), Spellman High Voltage Electronics Corporation (U.S.), Powerbox International AB (Sweden), Meanwell Enterprises (Taiwan), Handy and Harman (U.S.), Globtek (U.S.), FRIWO Gerätebau (Germany), Delta Electronics (Taiwan), and Astrodyne TDI Power Supplies and EMI Filters (U.S.) are focusing on new product launches and enhancements to enhance their market presence.Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1208Astrodyne TDI Power Supplies & Emi Filters (U.S.) is another prominent player in this market.
The company offers power supplies and EMI filters for the industrial, semiconductor manufacturing, medical, consumer appliance, military, and aerospace sectors.
For the medical sector, the company offers a wide variety of medically-approved power solutions to fit applications such as heart-assist devices, medical carts, and surgical tools with the power range of 5 watts to 450 watts.
Astrodyne TDI Power Supplies & Emi Filters has engineering centers in Hackettstown, NJ, U.S. and Shenzhen, China and manufacturing centers in the U.S. and China.
The company mainly focused on both organic and inorganic growth strategies such as product launches and acquisitions to strengthen its market position.