Diverse Personal Medical Devices Including Implants Are Demanding Light, Flexible, Powerful and Safe Energy Storage Solutions, Pushing the Boundaries of Batteries, Says Lux Research
BOSTON, MA--(Marketwired - Sep 1, 2015) - Energy storage players are eyeing emerging opportunities in bioelectronics as wearable, implantable and other medical devices create energy demands and design requirements beyond conventional batteries, according to Lux Research.
Existing battery solutions barely satisfy the demands for increased functionality and power in existing medical devices and may have slowed the shift toward personalized health care in many areas of medicine.
"Developers of energy storage must understand the required application-specific optimization of batteries, based on performance and safety, and desired form factors," said Milos Todorovic, Lux Research Analyst and lead author of the report titled, "Powerful Medicine: Opportunities for Pairing New Bioelectronics with Innovative Energy Storage."
"Winning in this race will require a thorough understanding of key technical requirements as well as the knowledge of regulatory and safety implications of bringing new energy storage to the fore," he added.
Lux Research analysts identified key demands arising from the novel medical technologies, and evaluated energy storage companies on the proprietary Lux Innovation Grid. Among their findings:
The report titled, "Powerful Medicine: Opportunities for Pairing New Bioelectronics with Innovative Energy Storage," is part of the Lux Research BioElectronics Intelligence and the Lux Research Energy Storage Intelligence services.
To hear more on Wearables and BioElectronics, register for the complimentary webinar, Comparing Apple Watches and Oranges: Looking Past Shiny Gadgets to Find Real Opportunities in Wearables on September 15 at 11:00 EDT.
About Lux Research
Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.
Lux Research, Inc.