The Latin America, Middle East and Africa Medical Batteries Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030).
The medical batteries market is characterized by several notable trends that reflect the evolving landscape of healthcare technology and the increasing expectations for battery performance. Lithium-ion batteries have emerged as the dominant technology in the medical batteries market. Their high energy density, lightweight nature, and rechargeable capabilities make them ideal for a wide range of medical applications. Ongoing research focuses on enhancing the safety and performance of lithium-ion batteries for medical device use.
Moreover, integrating smart battery technologies is gaining traction in the medical sector. Smart batteries offer features such as real-time monitoring of battery health, predictive maintenance, and communication capabilities. This allows healthcare providers to proactively manage and replace batteries before they end their operational life. Proactive management not only enhances the overall reliability of medical devices but also contributes to cost-effectiveness by preventing emergency replacements and minimizing downtime for critical devices. It aligns with the broader trend in healthcare towards preventive care and predictive analytics, fostering a more patient-centric and efficient approach to healthcare delivery.
The UAE government has been actively investing in the healthcare sector as part of its broader vision to enhance the country's healthcare infrastructure. Initiatives such as the UAE Vision 2021 and the National Agenda highlight the commitment to providing world-class healthcare services. Therefore, the growing medical devices sector and healthcare expenditure in LAMEA will lead to increased demand for medical batteries in the region.
The Brazil market dominated the LAMEA Medical Batteries Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $39.5 million by 2030. The Argentina market is showcasing a CAGR of 7.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.8% during (2023 - 2030).
Free Valuable Insights: The Worldwide Medical Batteries Market is Projected to reach USD 1.8 Billion by 2030, at a CAGR of 5.1%
Based on End-user, the market is segmented into Hospitals, Ambulatory Surgical Centers, Home Healthcare Settings, and Research Institutes. Based on Application, the market is segmented into Implantable Medical Devices, Portable & Wearable Medical Devices, and Non-implantable Medical Devices. Based on Battery Type, the market is segmented into Lithum-ion Batteries, Nickel-Metal Hydride (NiMH) Batteries, Alkaline Batteries, Zinc-Air Batteries, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Tadiran Batteries Ltd. (Saft Groupe SAS)
- KAYO Battery (Shenzhen) Company Limited
- Maxwell Technologies (UCAP Powers, INC.)
- Renata SA (The Swatch Group Ltd)
- Duracell U.S Operations Inc. (Berkshire Hathaway Inc.)
- Ultralife Corporation.
- EaglePicher Technologies
- Panasonic Holdings Corporation
- EnerSys
- GE HealthCare Technologies, Inc.
LAMEA Medical Batteries Market Report Segmentation
By End-user
- Hospitals
- Ambulatory Surgical Centers
- Home Healthcare Settings
- Research Institutes
By Application
- Implantable Medical Devices
- Portable & Wearable Medical Devices
- Non-implantable Medical Devices
By Battery Type
- Lithum-ion Batteries
- Nickel-Metal Hydride (NiMH) Batteries
- Alkaline Batteries
- Zinc-Air Batteries
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Medical Batteries Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Medical Batteries Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Medical Batteries Market by End-user, 2019 - 2022, USD Million
TABLE 4 LAMEA Medical Batteries Market by End-user, 2023 - 2030, USD Million
TABLE 5 LAMEA Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Hospitals Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Ambulatory Surgical Centers Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Ambulatory Surgical Centers Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Home Healthcare Settings Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Home Healthcare Settings Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Research Institutes Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Research Institutes Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Medical Batteries Market by Application, 2019 - 2022, USD Million
TABLE 14 LAMEA Medical Batteries Market by Application, 2023 - 2030, USD Million
TABLE 15 LAMEA Implantable Medical Devices Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Implantable Medical Devices Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Portable & Wearable Medical Devices Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Portable & Wearable Medical Devices Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Non-implantable Medical Devices Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Non-implantable Medical Devices Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
TABLE 22 LAMEA Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
TABLE 23 LAMEA Lithum-ion Batteries Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Lithum-ion Batteries Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Nickel-Metal Hydride (NiMH) Batteries Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Nickel-Metal Hydride (NiMH) Batteries Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Alkaline Batteries Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Alkaline Batteries Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Zinc-Air Batteries Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Zinc-Air Batteries Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Medical Batteries Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Medical Batteries Market by Country, 2023 - 2030, USD Million
TABLE 35 Brazil Medical Batteries Market, 2019 - 2022, USD Million
TABLE 36 Brazil Medical Batteries Market, 2023 - 2030, USD Million
TABLE 37 Brazil Medical Batteries Market by End-user, 2019 - 2022, USD Million
TABLE 38 Brazil Medical Batteries Market by End-user, 2023 - 2030, USD Million
TABLE 39 Brazil Medical Batteries Market by Application, 2019 - 2022, USD Million
TABLE 40 Brazil Medical Batteries Market by Application, 2023 - 2030, USD Million
TABLE 41 Brazil Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
TABLE 42 Brazil Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
TABLE 43 Argentina Medical Batteries Market, 2019 - 2022, USD Million
TABLE 44 Argentina Medical Batteries Market, 2023 - 2030, USD Million
TABLE 45 Argentina Medical Batteries Market by End-user, 2019 - 2022, USD Million
TABLE 46 Argentina Medical Batteries Market by End-user, 2023 - 2030, USD Million
TABLE 47 Argentina Medical Batteries Market by Application, 2019 - 2022, USD Million
TABLE 48 Argentina Medical Batteries Market by Application, 2023 - 2030, USD Million
TABLE 49 Argentina Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
TABLE 50 Argentina Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
TABLE 51 UAE Medical Batteries Market, 2019 - 2022, USD Million
TABLE 52 UAE Medical Batteries Market, 2023 - 2030, USD Million
TABLE 53 UAE Medical Batteries Market by End-user, 2019 - 2022, USD Million
TABLE 54 UAE Medical Batteries Market by End-user, 2023 - 2030, USD Million
TABLE 55 UAE Medical Batteries Market by Application, 2019 - 2022, USD Million
TABLE 56 UAE Medical Batteries Market by Application, 2023 - 2030, USD Million
TABLE 57 UAE Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
TABLE 58 UAE Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Medical Batteries Market, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Medical Batteries Market, 2023 - 2030, USD Million
TABLE 61 Saudi Arabia Medical Batteries Market by End-user, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia Medical Batteries Market by End-user, 2023 - 2030, USD Million
TABLE 63 Saudi Arabia Medical Batteries Market by Application, 2019 - 2022, USD Million
TABLE 64 Saudi Arabia Medical Batteries Market by Application, 2023 - 2030, USD Million
TABLE 65 Saudi Arabia Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
TABLE 66 Saudi Arabia Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
TABLE 67 South Africa Medical Batteries Market, 2019 - 2022, USD Million
TABLE 68 South Africa Medical Batteries Market, 2023 - 2030, USD Million
TABLE 69 South Africa Medical Batteries Market by End-user, 2019 - 2022, USD Million
TABLE 70 South Africa Medical Batteries Market by End-user, 2023 - 2030, USD Million
TABLE 71 South Africa Medical Batteries Market by Application, 2019 - 2022, USD Million
TABLE 72 South Africa Medical Batteries Market by Application, 2023 - 2030, USD Million
TABLE 73 South Africa Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
TABLE 74 South Africa Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
TABLE 75 Nigeria Medical Batteries Market, 2019 - 2022, USD Million
TABLE 76 Nigeria Medical Batteries Market, 2023 - 2030, USD Million
TABLE 77 Nigeria Medical Batteries Market by End-user, 2019 - 2022, USD Million
TABLE 78 Nigeria Medical Batteries Market by End-user, 2023 - 2030, USD Million
TABLE 79 Nigeria Medical Batteries Market by Application, 2019 - 2022, USD Million
TABLE 80 Nigeria Medical Batteries Market by Application, 2023 - 2030, USD Million
TABLE 81 Nigeria Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
TABLE 82 Nigeria Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Medical Batteries Market, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA Medical Batteries Market, 2023 - 2030, USD Million
TABLE 85 Rest of LAMEA Medical Batteries Market by End-user, 2019 - 2022, USD Million
TABLE 86 Rest of LAMEA Medical Batteries Market by End-user, 2023 - 2030, USD Million
TABLE 87 Rest of LAMEA Medical Batteries Market by Application, 2019 - 2022, USD Million
TABLE 88 Rest of LAMEA Medical Batteries Market by Application, 2023 - 2030, USD Million
TABLE 89 Rest of LAMEA Medical Batteries Market by Battery Type, 2019 - 2022, USD Million
TABLE 90 Rest of LAMEA Medical Batteries Market by Battery Type, 2023 - 2030, USD Million
TABLE 91 Key Information – Tadiran Batteries ltd.
TABLE 92 Key Information – Kayo Battery (Shenzhen) Company Limited
TABLE 93 Key Information – EaglePicher Technologies
TABLE 94 Key Information – Ultralife Corporation
TABLE 95 Key Information – Panasonic Holdings Corporation
TABLE 96 Key Information – enersys
TABLE 97 Key Information – Maxwell Technologies
TABLE 98 Key Information – renata sa
TABLE 99 Key Information – duracell U.S Operations, inc.
TABLE 100 Key Information – GE HealthCare Technologies, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Medical Batteries Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Medical Batteries Market
FIG 4 Porter’s Five Forces Analysis - Medical Batteries Market
FIG 5 LAMEA Medical Batteries Market share by End-user, 2022
FIG 6 LAMEA Medical Batteries Market share by End-user, 2030
FIG 7 LAMEA Medical Batteries Market by End-user, 2019 - 2030, USD Million
FIG 8 LAMEA Medical Batteries Market share by Application, 2022
FIG 9 LAMEA Medical Batteries Market share by Application, 2030
FIG 10 LAMEA Medical Batteries Market by Application, 2019 - 2030, USD Million
FIG 11 LAMEA Medical Batteries Market share by Battery Type, 2022
FIG 12 LAMEA Medical Batteries Market share by Battery Type, 2030
FIG 13 LAMEA Medical Batteries Market by Battery Type, 2019 - 2030, USD Million
FIG 14 LAMEA Medical Batteries Market share by Country, 2022
FIG 15 LAMEA Medical Batteries Market share by Country, 2030
FIG 16 LAMEA Medical Batteries Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Tadiran Batteries Ltd.
FIG 18 SWOT Analysis: Kayo Battery (Shenzhen) Company Limited
FIG 19 SWOT Analysis: EaglePicher Technologies
FIG 20 SWOT Analysis: Ultralife Corporation
FIG 21 SWOT Analysis: Panasonic Holdings Corporation
FIG 22 SWOT Analysis: Enersys
FIG 23 SWOT Analysis: Maxwell Technologies
FIG 24 SWOT Analysis: Renata SA
FIG 25 SWOT Analysis: DURACELL U.S OPERATIONS, INC.
FIG 26 SWOT Analysis: GE HealthCare Technologies, Inc.