Global Medical Electrodes Market – Industry Analysis and Forecast
Global Medical Electrodes market is expected to reach USD 732.4 Bn by 2026 at a CAGR of XX % during the forecast period.
The global medical electrodes market is segmented based on based on usability, technology, procedure, application, and region.
By Product type – disposable medical electrodes, reusable medical electrodes.
By Technology – wet electrodes, dry electrodes, needle electrodes. By Procedure – electrocardiography (ECG), electroencephalography (EEG), electromyography (EMG), other procedures. By Application – cardiology, neurophysiology, sleep disorders intraoperative monitoring, other applications. By region – North America & South America, Europe, Asia-Pacific and, Middle East & Africa
Medical Electrode transfers the energy of ionic current in the body into electrical current which is amplified, diagnosis of disease. Medical electrode is useful in diagnosis of ocular, nervous, cardiac, and muscular diseases.
Major Market Drivers:
• Increasing incidence of neurological and cardiovascular diseases.
• Rising investment in R&D activities.
• Rising preference of ambulatory and home health care.
• Increasing popularity of nanotechnology.
• High cost of product hinders the growth of this market.
• Lack of knowledge among people regarding the availability of these technologies.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Strategic Developments in the Global Medical Electrodes Market:
In 2017, Heraeus Medical Components LLC acquired Biotectix LLC. This acquisition enhanced the performance of sensing and stimulation of electrode in diagnostic and therapeutic medical devices.
In 2012, Ambu acquired Unomedical’s. By this acquisition company strengthen of their product portfolio in emerging countries.
Disposable medical electrodes and reusable medical electrodes segment are expected to reveal exponential CAGR throughout the forecast period due to innovative product launches, and increasing incidence of neurological and cardiovascular diseases across the globe.
The North American region is playing the principal role in the global medical electrodes market due to presence of several leading players. Though, Asia-Pacific will be the second major market in the proximate future. The presence of innovative medical advanced technology, increasing incidence of neurological and cardiovascular diseases, rising investment in R&D activities in the region
The objective of the report is to present comprehensive analysis of Global Medical Electrodes Market, by geography for automotive including all the stakeholders of the industry. The past and current status of the industry with forecasted Market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes Market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Medical Electrodes Market, by geography for automotive dynamics, structure by analyzing the Market segments, and project the Global Medical Electrodes Market, by geography for automotive size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Medical Electrodes Market, by geography for automotive the report investor’s guide.
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Scope of the Global Medical Electrodes Market Report
Global Medical Electrodes Market, by Usability
• Disposable Medical Electrodes
• Reusable Medical Electrodes
Global Medical Electrodes Market, by Technology
• Wet Electrodes
• Dry Electrodes
• Needle Electrodes
Global Medical Electrodes Market, by Procedure
Global Medical Electrodes Market, by Application
• Sleep Disorders
• Intraoperative Monitoring
Global Medical Electrodes Market, By Region
• North America
• Asia pacific
• Middle East
Global Medical Electrodes Market Key Players
• Boston Scientific Corporation
• C.R Bard, Inc.
• GENERAL ELECTRIC COMPANY
• Conmed Corporation
• Thermo Fisher Scientific Inc.
• Natus Medical Incorporated
• Koninklijke Philips N.V.
• Asahi Kasei Corporation
• Compumedics Limited
• Rhythmlink International LLC
• NIHON KOHDEN CORPORATION
• Ambu A/S.
• Cardinal Health
• C. R. Bard, Inc.
• CAS Medical Systems, Inc.
• CooperSurgical Inc.
• Graphic Controls
• Heart Sync, Inc.
• custo med GmbH
• LUMED inc.
• GAES, TENKO Medical Devices
• SPES MEDICA SRL
• NIHON KOHDEN CORPORATION.
• BPL Medical Technologies
Reasons to Purchase this Report:
• Current and future of global deep global medical electrodes market, outlook in the developed and emerging markets.
• The segment that is predictable to lead the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period.
• The latest innovative developments, market shares, and strategies that are employed by the major market players.
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