Release date: 2008-07-30

Power demand is growing rapidly in the medical market According to market research firm IMS Research, commercial power sales in China's medical market will grow to more than $136 million by 2012. During the forecast period, medical care will be the fastest growing segment of all power applications, with a compound annual growth rate of around 18.9%, but the size of the sector is still small.
The medical market for power supplies is often divided into two parts: large devices and small/portable devices. Power supplies for large medical devices are typically high-power AC-DC bare-frame power supplies (open frames) and on-board DC-DC power supplies, while small and portable devices typically use bare-board power supplies and adapters.
Analyst Jackey Wang said: "China and other developing countries continue to invest in medical infrastructure, and this trend is helping to promote the development of the medical device market. In addition, the demand for health care in developed countries will also increase with the average age of the population. And the rapid increase. The power demand in the medical market will grow very rapidly, and most major medical device manufacturers have established factories in mainland China. The continuous development of electronic diagnostic, inspection and monitoring equipment in the medical field will also promote market expansion. This market creates unique opportunities for power supply manufacturers, which have high entry barriers and lower price declines due to stricter standards in the medical device field and more cumbersome operating requirements. However, it is difficult for small power companies. Entering this market, because the product reliability requirements are very high." - Shanghai Medical Device Industry Association Network

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