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Silicon Photomultiplier (SiPM) Market Report by Type (NUV SiPM, RGB SiPM), Device Type (Analog SiPM, Digital SiPM), Application (LiDAR, Medical Imaging, High Energy Physics, Hazard and Threat Detection, and Others), Industry Vertical (Automotive, Healthcare, IT and Telecommunication, Aerospace, Oil and Gas, and Others), and Region 2024-2032
Market Report I 2024-04-08 I 135 Pages I IMARC Group
The global medical power supply market size reached US$ 1.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
Medical power supply refers to the equipment used for delivering current to medical devices. They are used with conductors and electronic components to provide isolation between the alternating current (AC) input, internal high voltage systems and the direct current (DC) output. Some of the commonly used medical power supply systems include enclosed, open frame, external, configurable, U-bracket and encapsulated devices. They utilize reinforced insulation materials and AC-DC and DC-DC power supplies. They are used in diagnostic, medical monitoring, home patient care, dental and surgical equipment. These devices reduce electromagnetic interference and minimize the risks of electric shocks and current leakages. As a result, they are widely used in diagnostic centers, hospitals, clinics and research laboratories.
Medical Power Supply Market Trends:
Significant growth in the medical industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, rising concerns regarding patient safety is providing a thrust to the market growth. With the increasing adoption of portable, smaller and lightweight medical equipment, healthcare organizations are widely utilizing medical power supply systems to provide effective care to the patient. Additionally, due to the onset of the coronavirus (Covid-19) pandemic, medical power supply systems are being extensively used to operate advanced equipment, such as ventilators, oxygen concentrators, magnetic resonance imaging (MRI), CT scan, electrocardiograph (ECG) and multiparameter patient monitoring devices. In line with this, the increasing preference for in-home patient care among the masses is also contributing to the market growth. Other factors, including the widespread adoption of data centers to maintain electronic health records (EHRs), along with extensive improvements in the healthcare infrastructure, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global medical power supply market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, converter type and application.
Breakup by Type:
Open Frame Power Supply
Enclosed Power Supply
Adapter Power Supply
Converters
Breakup by Converter Type:
AC-DC Power Supply
DC-DC Power Supply
Breakup by Application:
Diagnostic, Imaging and Monitoring Equipment
Surgical Equipment
Home Medical Equipment
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Energy Industries Inc., Cosel Co. Ltd., CUI Inc., Delta Electronics Inc., FRIWO Geratebau GmbH, GlobTek Inc., MEAN WELL Enterprises Co. Ltd., SL Power Electronics Corp., SynQor Inc., TDK-Lambda Corporation (TDK Corporation), Wall Industries Inc. (Continental Resources Inc.) and XP Power.
Key Questions Answered in This Report
1. What was the size of the global medical power supply market in 2023?
2. What is the expected growth rate of the global medical power supply market during 2024-2032?
3. What are the key factors driving the global medical power supply market?
4. What has been the impact of COVID-19 on the global medical power supply market?
5. What is the breakup of the global medical power supply market based on the type?
6. What is the breakup of the global medical power supply market based on the converter type?
7. What is the breakup of the global medical power supply market based on the application?
8. What are the key regions in the global medical power supply market?
9. Who are the key players/companies in the global medical power supply market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Silicon Photomultiplier (SiPM) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 NUV SiPMs
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 RGB SiPMs
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Device Type
7.1 Analog SiPMs
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Digital SiPMs
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 LiDAR
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Medical Imaging
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 High Energy Physics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Hazard and Threat Detection
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Industry Vertical
9.1 Automotive
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Healthcare
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 IT and Telecommunication
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Aerospace
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Oil and Gas
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 AdvanSiD
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Berkeley Nucleonics Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Broadcom Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Cremat Inc
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Dynasil Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 Excelitas Technologies Corp.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 First Sensor AG (TE Connectivity)
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 Hamamatsu Photonics K.K.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 John Caunt Scientific ltd.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 PicoQuant
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Semiconductor Components Industries LLC
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
Figure 1: Global: Silicon Photomultiplier Market: Major Drivers and Challenges
Figure 2: Global: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018-2023
Figure 3: Global: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 4: Global: Silicon Photomultiplier Market: Breakup by Type (in %), 2023
Figure 5: Global: Silicon Photomultiplier Market: Breakup by Device Type (in %), 2023
Figure 6: Global: Silicon Photomultiplier Market: Breakup by Application (in %), 2023
Figure 7: Global: Silicon Photomultiplier Market: Breakup by Industry Vertical (in %), 2023
Figure 8: Global: Silicon Photomultiplier Market: Breakup by Region (in %), 2023
Figure 9: Global: Silicon Photomultiplier (NUV SiPMs) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Silicon Photomultiplier (NUV SiPMs) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Silicon Photomultiplier (RGB SiPM) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Silicon Photomultiplier (RGB SiPM) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Silicon Photomultiplier (Analog SiPMs) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Silicon Photomultiplier (Analog SiPMs) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Silicon Photomultiplier (Digital SiPMs) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Silicon Photomultiplier (Digital SiPMs) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Silicon Photomultiplier (LiDAR) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Silicon Photomultiplier (LiDAR) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Silicon Photomultiplier (Medical Imaging) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Silicon Photomultiplier (Medical Imaging) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Silicon Photomultiplier (High Energy Physics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Silicon Photomultiplier (High Energy Physics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Silicon Photomultiplier (Hazard and Threat Detection) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Silicon Photomultiplier (Hazard and Threat Detection) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Silicon Photomultiplier (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Silicon Photomultiplier (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Silicon Photomultiplier (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Silicon Photomultiplier (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Silicon Photomultiplier (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Silicon Photomultiplier (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Silicon Photomultiplier (IT and Telecommunication) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Silicon Photomultiplier (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Silicon Photomultiplier (Aerospace) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Silicon Photomultiplier (Aerospace) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Silicon Photomultiplier (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Silicon Photomultiplier (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Silicon Photomultiplier (Other Industry Verticals) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Silicon Photomultiplier (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: North America: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: North America: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: United States: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: United States: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Canada: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Canada: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Asia-Pacific: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Asia-Pacific: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: China: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: China: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Japan: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Japan: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: India: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: India: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: South Korea: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: South Korea: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Australia: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Australia: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Indonesia: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Indonesia: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Europe: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Europe: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Germany: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Germany: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: France: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: France: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: United Kingdom: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: United Kingdom: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Italy: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Italy: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Spain: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Spain: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Russia: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Russia: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Others: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Others: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Latin America: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Latin America: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Brazil: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Brazil: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Mexico: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Mexico: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Others: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Others: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Middle East and Africa: Silicon Photomultiplier Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Middle East and Africa: Silicon Photomultiplier Market: Breakup by Country (in %), 2023
Figure 87: Middle East and Africa: Silicon Photomultiplier Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Global: Silicon Photomultiplier Industry: SWOT Analysis
Figure 89: Global: Silicon Photomultiplier Industry: Value Chain Analysis
Figure 90: Global: Silicon Photomultiplier Industry: Porter's Five Forces Analysis
Table 1: Global: Silicon Photomultiplier Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Silicon Photomultiplier Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Silicon Photomultiplier Market Forecast: Breakup by Device Type (in Million US$), 2024-2032
Table 4: Global: Silicon Photomultiplier Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Silicon Photomultiplier Market Forecast: Breakup by Industry Vertical (in Million US$), 2024-2032
Table 6: Global: Silicon Photomultiplier Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Silicon Photomultiplier Market: Competitive Structure
Table 8: Global: Silicon Photomultiplier Market: Key Players
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