Global Medical Power Supply Systems Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Open Frame Power Supply, Enclosed Power Supply, Adapter Power Supply, and Converters

By Technology;

AC To DC Power Supply, and DC To DC Power Supply

By Geography;

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

Medical Power Supply Systems Market Overview

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%.


Global Medical Power Supply Systems Market Growth, Share, Size, Trends and Forecast

*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

Global Medical Power Supply Systems Market

Fragmented - Highly competitive market without dominant players


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 Type
    2. Market Snapshot, By Technology
    3. 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 Type, 2021 - 2031 (USD Million)
      1. Open Frame Power Supply
      2. Enclosed Power Supply
      3. Adapter Power Supply
      4. Converters
    2. Medical Power Supply Systems Market, By Technology, 2021 - 2031 (USD Million)
      1. AC To DC Power Supply
      2. DC To DC Power Supply
    3. 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 Group
      2. Emerson Network
      3. Excelsys Technology
      4. Globtek Inc.
      5. Mean Well Enterprises Co. Ltd
      6. Powerbox International AB
      7. SL Industries,Inc.
      8. Spellman High Voltage Electronics Corporation
      9. TDK-Lambda Corporation
      10. XP Power
  7. Analyst Views
  8. Future Outlook of the Market