Motors for Medical Devices Market By Motor Type (DC Motors, Stepper Motors, Brushless DC Motors, Servo Motors); By Application (Diagnostic Imaging Systems, Surgical Devices, Patient Mobility Devices (Wheelchairs, Prosthetics), Life Support Equipment (Ventilators, Oxygen Concentrators), Home Healthcare Devices); By End-User (Hospitals, Ambulatory Surgical Centers (ASCs), Home Healthcare, Diagnostic Laboratories); By Geography, Segment revenue estimation, Forecast, 2024–2032.

The motors for medical devices market was approximately USD 1.95 billion in 2023 and is expected to reach USD 3.1 billion by 2030, at a CAGR of 6.7% between 2024 and 2030.

 

The Motors for Medical Device Market involves the application of sophisticated motor technologies that are used to drive the medical devices used for diagnosis, treatment, and management of patient’s conditions. Such motors are used in ventilators, infusion pumps, surgical robots, diagnostic imaging equipment, and prosthetic limbs. The application of technologically enhanced healthcare equipment is on the rise and motors rotate the input by offering accuracy, dependability, and effectiveness.

 

The market is experiencing exceptional growth, mainly due to chronic diseases, more authorized procedures, and the introduction of telemedicine and portable medical equipment. Motors incorporated in medical devices are, hence, developed to meet standardized regulatory safety, performance, and efficiency requirements.

 

Market Drivers

Growing Prevalence of Chronic Diseases: This has been due to the increasing prevalence of chronic diseases, including diabetes, cardiovascular diseases, and respiratory diseases, thereby increasing the demand for medical devices powered by high-performance motors. Conditions such as diabetes, chronic obstructive pulmonary disease, and heart failure currently use technologies like infusion pumps for the supply of drugs and ventilators or dialysis machines for support. Example: The number of patients who required dialysis increased by 4.5% in 2023 in the United States, and this rise demanded more motors for the machines used for dialysis.

 

Increasing Adoption of Home Healthcare Devices: The current trends for home care and telemedicine have increased the demand for compact, man-portable medical equipment that usually incorporates small and energy-efficient motors. Example: In Japan, an aging population and an increase in respiratory diseases led to a 15% sales increase in portable oxygen concentrators with integrated high-efficiency motors in 2023.

 

Expansion of the Prosthetics and Wearables Market: One of the major trends influencing the popularity of precision motors is the increasing use of complex prosthetics and wearable equipment for therapeutic and mobility purposes. For instance, in 2023, the Indian government launched motor-powered prosthetic limbs that enhanced mobility among more than ten thousand patients, highlighting the importance of motors in healthcare advancements.

 

Market Opportunities

Rising Demand for Surgical Robots: Surgical robots are being implemented in hospitals and are growing, creating a vast opportunity for motor production for motor manufacturers. These robots need accurate motors for slow and sure motions and appropriate functioning of all manufactured segments. Example: A healthcare facility in South Korea bought robotic surgical systems worth 50M USD in 2023, accelerating demand for motor-integrated solutions.

 

Growth of Portable Diagnostic Devices: The application of portable diagnostic devices in different remote healthcare environments can further minimize motor weight and power consumption. For example, in 2023, mobile diagnostic facilities with compact motors were used in Africa to improve the healthcare sector in rural regions by cutting down the wait time to thirty percent.

 

Emerging Markets in Asia-Pacific: Motor manufacturing firms are likely to benefit from increased healthcare investments within the Asia-Pacific region's emerging economies. For example, healthcare expenditures in China increased by 8% in 2023, promoting the development of diagnostic and therapeutic equipment based on high-performance motors.

 

Market Restraints

High Costs of Advanced Motors: High expenditures incurred on precision motors like brushless DC and stepper motors can dissuade the uptake of such versatile equipment, especially in the health sector, to access advanced medical gear. Example: In Latin America, captured HC providers claimed a 15% increased cost when using devices with brushless motors, influencing procurement rates.

 

Stringent Regulatory Standards: Stringent rules govern the components or entire medical devices, making it complex for motor manufacturers to design, test, and certify their products. For example, in the European market, the MDR medical device regulation procedure pushed back the introduction of a motor-driven surgical device by half a year to 2023.

 

Supply Chain Disruptions: Flow disturbances, especially in procuring inputs such as the rare earth magnet used in developing superior motors, impact the production schedule and feasibility. For example, in America, a scarcity of neodymium magnets in 2023 caused motors in diagnostic imaging equipment to be 10% more expensive.

 

Market Segmentation

By Motor Type

• DC Motors

• Stepper Motors

• Brushless DC Motors

• Servo Motors

 

By Application

• Diagnostic Imaging Systems

• Surgical Devices

• Patient Mobility Devices (Wheelchairs, Prosthetics)

• Life Support Equipment (Ventilators, Oxygen Concentrators)

• Home Healthcare Devices

 

By End-User

• Hospitals

• Ambulatory Surgical Centers (ASCs)

• Home Healthcare

• Diagnostic Laboratories

 

By Region

• North America

• Europe

• Asia-Pacific

• Latin America

• Middle East & Africa

 

Segment Analysis

Leading Motor Type: Brushless DC Motors

Brushless DC motors are enjoying widespread use due to their unique benefits of efficiency, reliability, and total freedom from maintenance requirements, which are essential in medical applications. For example, a medical imaging firm in the United Kingdom installed brushless DC motors in 2023 to increase the accuracy of computed tomography scanners and decrease their degeneration time.

 

Leading Application: Diagnostic Imaging Systems

Diagnostic imaging equipment dominated the global medical equipment motor market and contributed 35% of the market revenue in 2023 due to the increasing usage of MRI, CT, and ultrasound systems, which include high-precision motors. Example: In Germany, a hospital installed new imaging systems 2023 with motors for resolution and scanning speed.

 

Regional Analysis

North America remained the largest market, accounting for 40% of the total market revenue in 2023 due to the presence of well-developed healthcare organizations and increased usage of medical devices. For example, the United States engine-driven ventilators exported medical devices worth thirty percent in 2023.

Europe is a very significant market as it has a strict regulatory system in the healthcare sector, is high on innovation, and contains most market players. For example, in 2023, a robotics firm in Switzerland invented a motorized surgical device to lessen surgical mistakes by fifteen percent.

The Asia-Pacific region is expected to have the highest growth rate of 8.2% through the forecast period due to rising healthcare expenditures and the growing scale of medical tourism. For example, Motor-powered prosthetics became 25 % more popular in India by 2023 due to the government's support for rehabilitation policies.

 

Key Players

• Allied Motion Technologies, Inc.

• Faulhaber Group

• Portescap

• Maxon Group

• Johnson Electric Holdings Limited

• MinebeaMitsumi Inc.

• Nidec Corporation

• AMETEK, Inc.

• ElectroCraft, Inc.

• Bühler Motor GmbH

 

Future Outlook

The opportunity in the Motors for Medical Device Market can be attributed to technological enhancements, increasing demand for home healthcare products, and the evolving trend of utilizing robotics in surgical procedures and rehabilitation activities. In 2030, some developments in motor efficiency, downsizing, and interfacing with AI and IoT systems will change the market. Motors will continue to be relevant in enhancing healthcare delivery as they provide the precision and runs crucial in sensitive medical equipment.