The breathing battery or lithium-air battery is a type of secondary battery which generates power through the electrochemical reaction of metallic lithium and oxygen from the air. These batteries are an attractive power source for portable medical devices like pacemakers, hearing aids etc. due to their high specific energy density.
The global Breathing Battery Market is estimated to be valued at US$ 19.39 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the primary drivers fueling the breathing battery market growth is the rising adoption of portable medical devices. Advanced lithium-air batteries can power devices for extended periods due to their high energy density and lightweight format. Their capability to provide continuous energy supply makes them suitable for pacemakers, continuous positive airway pressure machines and other medical implants. As more medical devices shift towards miniaturized and wearable formats for patient convenience, the demand for compact and long-lasting power sources like breathing batteries is anticipated to rise substantially. This increasing usage of portable medical devices will propel the breathing battery market size over the forecast period.
SWOT Analysis
Strength: Breathing batteries have a long shelf life and are easy to activate without any external power sources. Their ability to generate power from small changes in humidity makes them suitable for powering small low-power devices.
Weakness: The power generation capacity of breathing batteries is relatively low. They can only generate small amounts of power, limiting their use to small low-power applications. Manufacturing breathing batteries at large scale is also challenging.
Opportunity: The growing demand for small low-power devices and wireless sensors in healthcare, agriculture, infrastructure monitoring etc provides scope to increase the commercial usage of breathing batteries. Developing advanced materials could help improve their power output.
Threats: Strict environmental regulations around battery disposal pose challenges. Fuel cells and other alternative energy technologies may emerge as better alternatives for powering small devices in the long run.
Key Takeaways
The global Breathing Battery Market Size is expected to witness high over the forecast period of 2023 to 2030. The global Breathing Battery Market is estimated to be valued at US$ 19.39 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030.
North America currently dominates the market due to rapid technology adoption. Asia Pacific is expected to grow at the fastest pace led by countries like China and India where demand for small wireless sensors is increasing rapidly across various industry verticals.
Key players operating in the breathing battery market are Berkshire Corporation, Kimberly-Clark Corporation, Contec, Inc., DuPont, Ansell Ltd., Illinois Tool Works Inc., Thermo Fisher Scientific, Inc., Helapet, Steris Plc., and VWR International, LLC. (Avantor). Berkshire holds the largest market share followed by Kimberly-Clark corporation. Both companies have strong manufacturing and distribution network across major markets.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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