MEDICAL BATTERIES MARKET ANALYSIS

Medical Batteries Market, By Usage (Implantable Devices Batteries and Non-Implantable Devices Batteries), By Battery Type (Lithium Batteries, Nickel –Metal Hydride Batteries, Zinc-air Batteries, and Other Batteries), By End User (Hospitals and Nursing Homes, Clinics, Diagnostic Centers, Home Care Settings, and Other End User), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jun 2024
Code : CMI1174
Pages :214
Formats :
Excel and PDF
Industry : Medical Devices

Key Developments

On 30 April 2024, A new battery research factory in Münster, Germany, backed by Fraunhofer-Gesellschaft applied research organizations and Siemens, focuses on digitalization. It aims to optimize battery production for industries like automotive. Europe's battery production capacity is projected to grow significantly by 2025 and 2030. The initiative, funded by the Federal Ministry of Education and Research and the State of North Rhine-Westphalia, aims to enhance Germany's competitiveness in battery technology.
In January 2023, Ilika battery technology company and Cirtec Medical, provider of outsourced medical device has strengthened their collaboration through the signing of a memorandum of understanding. This agreement details the relocation of Stereax mm-scale battery manufacturing to Cirtec's facility in Lowell, MA. This move aims to enhance Cirtec's efforts in system-level miniaturization for the medical device sector. Meanwhile, Ilika will concentrate on advancing technology development and offering IP licensing to support Cirtec's manufacturing and commercialization endeavors.
In December 2022, Panasonic Energy Co., Ltd., a Panasonic Group company, , multinational electronics company, and Lucid Group, Inc , electric vehicles company have signed multi-year deals to provide batteries for Lucid's luxury electric vehicles, including the Lucid Air and upcoming Gravity SUV. This agreement signifies Panasonic's expansion of lithium-ion EV battery production into the U.S., with current production in Japan and future output anticipated from their De Soto, Kansas facility.