Medical Power Supply Systems Market

By Converter Type;

AC-DC Power Supply -[200W & Less, 201-500W, 501-1,000W, 1,001-3,000W and 3,001W & Above] and DC-DC Power Supply -[30W & Less, 31-60W and 61W & Above]

By Application;

Diagnostic Imaging Systems [MRI Systems, X-Ray Systems, CT Scanners, Ultrasound Systems, Mammography Systems, PET Systems, and Other Diagnostic Imaging Systems], Patient Monitoring Equipment [ECG Monitors, EEG Monitors, MEG Monitors, Multiparameter Monitors, and Other Patient Monitoring Equipment], Surgical Equipment [RF-Based Ablation Systems, Electric & Electroporation Ablation Systems, Light & Laser-Based Ablation Systems, Aesthetic Laser Systems, Ophthalmology Laser Devices, and Other Surgical Equipment], Dental Equipment, Home Use & Wearable Equipment, Implantable Medical Devices and Others

By Architecture;

Enclosed Power Supply, Open Frame Power Supply, External Power Supply, U-Bracket Power Supply, Encapsulated Power Supply and Configurable Power Supply

By Manufacturing Type;

Standard Power Supply, Customized Power Supply and CF Rating Power Supply

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn548211203 Published Date: September, 2025 Updated Date: October, 2025

Medical Power Supply Systems Market Overview


Medical Power Supply Systems Market

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 1,666.20 Million
Market Size (2031)USD 2,423.78 Million
Market ConcentrationMedium
Report Pages321
1,666.20
2024
2,423.78
2031

Major Players

  • Delta Electronics Group
  • Emerson Network
  • Excelsys Technology
  • Globtek Inc.
  • Mean Well Enterprises Co. Ltd
  • Powerbox International AB
  • SL Industries,Inc.
  • Spellman High Voltage Electronics Corporation
  • TDK-Lambda Corporation
  • XP Power

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Medical Power Supply Systems Market

Fragmented - Highly competitive market without dominant players


Medical Power Supply Systems Market (USD Million)

Medical Power Supply Systems Market was valued at USD 1,666.20 million in the year 2024. The size of this market is expected to increase to USD 2,423.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.

The Medical Power Supply Systems Market is undergoing rapid transformation as healthcare providers increasingly rely on sophisticated equipment. There has been a notable 20% growth in demand for reliable and uninterrupted power systems across hospitals and clinics. The trend toward compact and mobile medical devices continues to reinforce the role of tailored power solutions.

Growth Drivers
Several trends are accelerating this growth, including the widespread use of diagnostic and surgical equipment, coupled with increasing procedural volumes. Enhanced awareness regarding patient safety has driven a rise of approximately 18% in power system installations. The surge in minimally invasive procedures and outpatient care settings further supports this trajectory.

Technological Advancements
The industry is seeing strong innovation through digitally managed and modular power systems, enhancing scalability and responsiveness. Enhanced power control has improved facility-wide efficiency by about 15%, thanks to AI-integrated distribution technologies and smarter battery systems. These upgrades are enabling seamless operation during high-dependency care.

Future Outlook
With the shift toward intelligent healthcare environments, investment in modern power systems is rising fast. A 22% increase in funding for advanced solutions highlights the confidence in their ability to meet future energy needs. As digital transformation continues in healthcare, power systems will remain central to medical service reliability and safety.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Converter Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Architecture
    4. Market Snapshot, By Manufacturing Type
    5. Market Snapshot, By Region
  4. Medical Power Supply Systems Market Dynamics
    1. Drivers, Restraints and OpportunitiesPEST Analysis
      1. Drivers
        1. Rising demand for home healthcare devices
        2. Technological advancements in power conversion
        3. Growth in diagnostic imaging installations
        4. Increasing reliance on portable medical equipment
      2. Restraints
        1. Complex regulatory compliance across regions
        2. High cost of advanced power supplies
        3. Supply chain disruptions in electronic components
        4. Limited energy efficiency in legacy systems
      3. Opportunities
        1. Surge in digital health infrastructure investment
        2. Expansion of ambulatory care centers globally
        3. Integration with smart hospital ecosystems
        4. Demand for uninterrupted critical power solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Medical Power Supply Systems Market, By Converter Type, 2021 - 2031 (USD Million)
      1. AC-DC Power Supply
        1. 200W & Less
        2. 201-500W
        3. 501-1,000W
        4. 1,001-3,000W
        5. 3,001W & Above
      2. DC-DC Power Supply
        1. 30W & Less
        2. 31-60W
        3. 61W & Above
    2. Medical Power Supply Systems Market, By Application, 2021 - 2031 (USD Million)
      1. Diagnostic Imaging Systems
        1. MRI Systems
        2. X-Ray Systems
        3. CT Scanners
        4. Ultrasound Systems
        5. Mammography Systems
        6. PET Systems
        7. Other Diagnostic Imaging Systems
      2. Patient Monitoring Equipment
        1. ECG Monitors
        2. EEG Monitors
        3. MEG Monitors
        4. Multiparameter Monitors
        5. Other Patient Monitoring Equipment
      3. Surgical Equipment
        1. RF-Based Ablation Systems
        2. Electric & Electroporation Ablation Systems
        3. Light & Laser-Based Ablation Systems
        4. Aesthetic Laser Systems
        5. Ophthalmology Laser Devices
        6. Other Surgical Equipment
      4. Dental Equipment
      5. Home Use & Wearable Equipment
      6. Implantable Medical Devices
      7. Others
    3. Medical Power Supply Systems Market, By Architecture, 2021 - 2031 (USD Million)
      1. Enclosed Power Supply
      2. Open Frame Power Supply
      3. External Power Supply
      4. U-Bracket Power Supply
      5. Encapsulated Power Supply
      6. Configurable Power Supply
    4. Medical Power Supply Systems Market, By Manufacturing Type, 2021 - 2031 (USD Million)
      1. Standard Power Supply
      2. Customized Power Supply
      3. CF Rating Power Supply
    5. Medical Power Supply Systems Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Delta Electronics
      2. Advanced Energy Industries
      3. TDK-Lambda
      4. Mean Well
      5. Astrodyne TDI
      6. Bel Fuse (Bel Power / CUI)
      7. SL Power Electronics
      8. XP Power
      9. Spellman High Voltage
      10. COSEL
      11. FRIWO
      12. GlobTek
      13. SynQor
      14. Wall Industries
      15. Inventus Power
  7. Analyst Views
  8. Future Outlook of the Market