Human-Powered Medical Equipment Market Analysis

Device Type (Implanted Devices, Wearable)

The wearable segment is estimated to account for 60% share of the global human-powered medical equipment market by 2036 owing to the growing burden of chronic diseases across the globe. It is expected that smoking, inactivity, poor diet, and excessive alcohol consumption are the primary causes of the most common chronic illnesses, which are the leading causes of mortality and disability worldwide. This has led to an increase in the demand for wearable devices that use the energy produced by human movement to create electricity to help treat chronic illnesses such as peripheral neuropathy, stroke, diabetes, cardiovascular diseases, respiratory issues, and Parkinson's disease, by tracking important risk variables such as blood pressure, glucose, and other relevant indicators to provide real-time data, enhancing patient engagement, and support healthcare professionals in delivering more effective patient-centric care. It is anticipated that by 2030, the global burden of disease will rise to over 55% and the share of fatalities worldwide attributable to chronic illnesses will rise to more than 65%.

Type (Thermoelectric, Motion-Based)

Human-powered medical equipment market from the thermoelectric segment is set to garner a notable share shortly. For implantable medical devices, thermoelectric generators (TEGs) are being explored as a potential substitute power source as they are capable of converting body heat into electrical energy that can be used as a reliable source of energy and can be used to treat patients and evaluate physiological data obtained in vivo in humans. Additionally, thermoelectric generators (TEGs) are considered a great fit for wearable electronics as they have the ability to continuously convert body heat into electrical power for electronic devices.

Our in-depth analysis of the global market includes the following segments: