Technology Landscape, Trends and Opportunities in the Global Medical Battery Market

The technologies in medical battery have undergone significant change in recent years, with zinc/mercury to lithium-ion based batteries. The rising waves of new material technologies such as lithium and zinc air are creating significant potential for advanced battery in various medical platforms because they offer the highest specific energy (energy per unit weight) and energy density (energy per unit volume)..

In medical battery market, various material technologies such as lithium, lead acid, and zinc air are used in the patient monitoring device, general medical device, cardiovascular medical device, orthopedic device, and home healthcare devices. Increasing demand for battery powered portable and implantable devices in diagnostic and therapeutic practices are creating new opportunities for various medical battery technologies.

Some of the latest technological developments by various countries in the medical battery market are as follows:

• United States: Boston Scientific received FDA approval for their rechargeable lithium-ion battery for their pacemakers. This extends battery life and reduces replacement procedures. The US Department of Energy has set a target of developing solid-state lithium-ion batteries for medical implants by 2027. This technology offers higher energy density and improved safety for implantable devices.
• South Korea: Samsung SDI announced a new high-performance lithium-ion battery specifically designed for wearable health monitors. This battery boasts extended life and faster charging times for these increasingly popular devices.
• Germany: Siemens Healthineers partnered with a local battery startup to develop zinc-air batteries for portable medical equipment. This collaboration aims to create longer-lasting and more sustainable power solutions for devices like ultrasound machines.
• China: The Chinese government is investing heavily in research and development of next-generation medical batteries. Their target is to achieve mass production of lithium-sulfur batteries for medical applications by 2030. These batteries have the potential for significantly longer lifespans compared to current technologies.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the medical battery market. Some insights are depicted below by a sample figure. For more details on figures, the companies researched, and other objectives/benefits on this research report, please download the report brochure.





The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global medical battery technology by application, material technology, and region as follows:

Technology Readiness by Material Technology

Competitive Intensity and Regulatory Compliance

Disruption Potential by Material Technology

Trends and Forecasts by Material Technology [$M shipment analysis from 2018 to 2030]:

• Lithium Based
• Lead Acid Based
• Zinc Air Based

Technology Trends and Forecasts by Application [$M shipment analysis from 2018 to 2030]:

• Patient Monitoring Device
  • Lithium Based
  • Lead Acid Based
  • Zinc Air Based
• General Medical Device
  • Lithium Based
  • Lead Acid Based
  • Zinc Air Based
• Cardiovascular Medical Device
  • Lithium Based
  • Lead Acid Based
  • Zinc Air Based
• Orthopedic Device
  • Lithium Based
  • Lead Acid Based
  • Zinc Air Based
• Home Healthcare Device
  • Lithium Based
  • Lead Acid Based
  • Zinc Air Based
• Other Devices
  • Lithium Based
  • Lead Acid Based
  • Zinc Air Based

Technology Trends and Forecasts by Region [$M shipment analysis for 2018 – 2030]:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • United Kingdom
  • Germany
  • France
• Asia Pacific
  • Japan
  • China
  • South Korea
  • India
• The Rest of the World

Latest Developments and Innovations in the Medical Battery Technologies

Companies / Ecosystems

Strategic Opportunities by Material Technology

Some of the medical battery companies profiled in this report include GE Healthcare, Siemens AG, Panasonic Healthcare, Integer Holding Corporation, EaglePicher Technologies, Saft Groupe, and Ultralife Corporation.

Below are the latest technological developments from top companies in the medical battery market:

• Boston Scientific announced the launch of its next-generation implantable defibrillator (ICD) powered by a new, extended-life lithium-ion battery. This new battery boasts a longer lifespan compared to previous models, reducing the frequency of replacement surgeries for patients.
• STMicroelectronics unveiled a new line of miniaturized lithium-ion batteries specifically designed for wearable medical devices. These batteries offer high energy density in a compact size, ideal for continuous glucose monitors and other wearable health tech.
• Johnson Controls highlighted continued investments in improving the efficiency and lifespan of their sealed lead acid (SLA) batteries for the medical applications. This focus reflects the ongoing demand for reliable and cost-effective SLA batteries in specific medical devices.
• Several governments, including the European Union, are implementing stricter regulations on lead content and recyclability of batteries. This could lead to increased development of lead-alternative batteries for the medical sector in the coming years.
• Zinc Corporation, a leading supplier of zinc for battery production, announced a partnership with a medical device manufacturer to develop a new generation of zinc air batteries for hearing aids. This collaboration aims to create longer-lasting and more sustainable zinc air batteries for the medical device market.

This report answers following 9 key questions:
Q.1 What are some of the most promising and high-growth technology opportunities for the medical battery market?
Q.2 Which technology will grow at a faster pace and why?
Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in medical battery market?
Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?
Q.5 What are the business risks and threats to these technologies in medical battery market?
Q.6 What are the latest developments in medical battery technologies? Which companies are leading these developments? 
Q.7 Which technologies have potential of disruption in this market?
Q.8 Who are the major players in this medical battery market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are strategic growth opportunities in this medical battery technology space?