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Advanced Power Solutions for implantable and wearable devices market to reach $1.77 billion by 2029

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Global Advanced Power Solutions for Implantable and Wearable Medical Devices Market by BIS Research projects the market to grow at a significant CAGR of 6.26% during the forecast period 2019-2029.

According to a new market intelligence report by BIS Research, titled “Global Advanced Power Solutions for Implantable and Wearable Devices Market - Analysis and Forecast, 2019-2029”, the global advanced power solutions for implantable and wearable devices market was estimated at $912.73 million in 2018, and is expected to reach $1.77 billion by 2029. The global advanced power solutions for implantable and wearable devices market is expected to grow at a single-digit compound annual growth rate between the years 2019 and 2029.

Browse more than 17 market Data Tables and 121 Figures spread through 200 Pages and in-depth TOC on "Global Advanced Power Solutions for Implantable and Wearable Devices Market"

The market is expected to witness an impressive growth at 6.26% through the forecast period, 2019-2029. The growth of the market is aided by the increasing burden of chronic diseases, the growing geriatric population, and the high demand for implantable and wearable medical devices.

North America followed by Europe held the major share of this global market (in terms of revenue) in 2018. North America and Europe are expected to retain their leading positions throughout the forecast period (2019-2029), accounting for a share of 48.95% and 25.37%, respectively of the total market in 2029.

The market is driven by the increasing burden of chronic diseases, growing geriatric population, high demand for implantable and wearable medical devices, and increasing awareness about implantable and wearable devices.

BIS Research Report: bisresearch.com/industr…arket.html

This research report aims at answering various aspects of the global advanced power solutions for implantable and wearable devices market with the help of the key factors driving the market, restraints that can possibly inhibit the overall market growth, and the current growth opportunities that are going to shape the future trajectory of the market expansion.

The report includes an in-depth examination of the key ecosystem players and key strategies and developments taking place in this market.

Moreover, the report also includes chapters on market dynamics (market drivers, opportunities, and challenges) and industry analysis. The research study considers the technology timeline analysis and battery life analysis for a comprehensive understanding of the global advanced power solutions for implantable and wearable devices market and assesses the factors governing the same.

The market study consists of the key market trends, list of the key players, and the recent developments

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Some of the key manufacturers who have been contributing significantly to the global advanced power solutions for implantable and wearable medical devices market include Abbott Laboratories, Boston Scientific Corporation, EaglePicher Technologies, EnerSys, General Electric Company, Ilika Plc, Integer holdings corporation, Medtronic Plc, Murata Manufacturing Co. Ltd., Panasonic Corporation, Saft Batteries, Samsung SDI Co., Ltd., Siemens Healthineers AG, Tianjin Lishen Battery, and Ultralife Corporation.

Key Questions Answered in the Report

  • What are the key features of advanced power solutions which make them a better choice for powering implantable and wearable medical devices?
  • What is the industry structure of the global advanced power solutions for implantable and wearable medical devices market?
  • How has the global advanced power solutions for implantable and wearable medical devices market evolved, and what is its scope in the future?
  • What are the key development strategies which are implemented by the key players to maintain and capture market share?
  • What are the major market drivers, challenges, and opportunities in the global advanced power solutions for implantable and wearable medical devices market?
  • How the market is projected to grow during the forecast period from 2019 to 2029 across segments, on the basis of
    • power source, including lithium batteries, nickel batteries, zinc/air batteries, others, and futuristic power solutions
    • application, including implantable and wearable devices
    • battery type, including primary batteries and secondary batteries
    • region, including North America, Europe, Asia-Pacific, and Rest-of-the-World
  • Which are the leading companies dominating the global advanced power solutions for implantable and wearable medical devices market?
  • What are the regulations pertaining to the global advanced power solutions for implantable and wearable medical devices market?

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