According to Stratistics MRC, the Global Betavoltaic Device Market is accounted for $1.41 billion in 2020 and is expected to reach $3.36 billion by 2028 growing at a CAGR of 11.5% during the forecast period. High demand for alternative power supply and rising demand from medical sector are driving the market growth. However, the lack of knowledge and the lack of R&D funding for betavoltaic devices are hampering the growth of the market.
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By geography, North America is going to have high growth during the forecast period due to the rapid increasing prevalence of cardiovascular diseases in the U.S., and surging growing adoption of these devices as a substitute power supply for use in hostile conditions in the region.
Some of the key players profiled in the Betavoltaic Device Market include City Labs, Inc, BetaBatt, Inc., Direct Kinetic Solutions, Widetronix and Qynergy Corp.
• Other Types
End Users Covered:
• Electronics & Communication
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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