Image

Global Medical Electrodes Market – Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Healthcare
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Medical Electrodes Market, By Usability (Disposable Medical Electrodes, Reusable Medical Electrodes), Technology (Wet Electrodes, Dry Electrodes, Needle Electrodes), Procedure (Electrocardiography (ECG), Electroencephalography (EEG), Electromyography (EMG), Other Procedures), Application (Cardiology, Neurophysiology, Sleep Disorders, Intraoperative Monitoring, Other Applications) – Industry Trends and Forecast to 2029

Medical Electrodes Market

Global Medical Electrodes Market Analysis and Size

Medical electrodes are highly preferred by medical professionals owing to their characteristics, such as affordability, sterility, and easy administration, among others. The increase in the prevalence of various diseases is escalating the growth of medical electrodes market.

  • These electrodes are utilized in combination with monitoring systems to offer a diagnosis and continuous monitoring. Global medical electrodes market was valued at USD 1.70 billion in 2021 and is expected to reach USD 2.68 billion by 2029, registering a CAGR of 5.85% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Global Medical Electrodes Market Definition

A medical electrode refers to a solid electronic conductor that is widely utilized for transferring the ionic current in the body into electric current for biological measurements. The conductor consists of a lead, metal part and an electrode conducting paste. It assists in the diagnosis of various cardiac, muscular, nervous and ocular disorders. They are in high demand from wide application in cardiovascular, orthopedic, and cosmetics.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Usability (Disposable Medical Electrodes, Reusable Medical Electrodes), Technology (Wet Electrodes, Dry Electrodes, Needle Electrodes), Procedure (Electrocardiography (ECG), Electroencephalography (EEG), Electromyography (EMG), Other Procedures), Application (Cardiology, Neurophysiology, Sleep Disorders, Intraoperative Monitoring, Other Applications)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Boston Scientific Corporation (US), 3M (US), BD (US), GENERAL ELECTRIC (US), Medtronic (Ireland), CONMED Corporation. (US), Koninklijke Philips N.V. (Netherlands), Ambu A/S. (Denmark), Natus Medical Incorporated (US), Leonhard Lang USA, Inc. (US), NIHON KOHDEN CORPORATION (Japan), Compumedics Limited (Australia), g.tec medical engineering GmbH Austria (Austria), VectraCor (US), EMOTIV (US), Bionen sas di B. Nencioni & C. (Italy), NeuroWave Systems Inc (US), Wearable Sensing (US), NeuroSky (South Korea), among others

Medical Electrodes Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

  • Prevalence of Various Disorders

The rise in the prevalence for degenerative neurological and cardiological diseases, such as fibromyalgia, Parkinson’s, Alzheimer’s, and various brain disorders acts as one of the major factors driving the growth of medical electrodes market.

  • Minimally Invasive Surgeries

The increase in the inclination towards for minimally invasive surgeries owing to the advantages, including quick recovery and less pain accelerate the market growth.

  • Preference for Home and Ambulatory Care Services

The rise in the preference for home and ambulatory care services, especially during the outbreak of COVID-19 further influence the market.

Opportunities

Furthermore, high investments in research for medical devices extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Development of healthcare infrastructure in emerging regions will further expand the market.

Restraints/Challenges Global Medical Electrodes Market

On the other hand, high cost associated with the technology is expected to obstruct market growth. Also, lack of trained professionals is projected to challenge the medical electrodes market in the forecast period of 2022-2029.

This medical electrodes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on medical electrodes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Covid-19 Impact on Medical Electrodes Market

COVID-19 outbreak had varied impact on medical electrodes market. Major medical procedures were declined during the pandemic in order to prevent the risk of spreading coronavirus. Major medical procedures were declined during the pandemic in order to prevent the risk of spreading coronavirus. However, rise in the diagnosing procedures is expected in the post-COVID owing to the easing of restrictions.

Recent Development

  • Natus Medical, Inc. announced their partnership with Holberg EEG AS in 2020. The purpose of the partnership is enhancing and automating the diagnosis of epilepsy, through the development and distribution of AutoSCORE algorithm worldwide.

Global Medical Electrodes Market Scope and Market Size

The medical electrodes market is segmented on the basis of usability, technology, procedure and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Usability

  • Disposable Medical Electrodes
  • Reusable Medical Electrodes

On the basis of usability, the medical electrodes market is segmented into disposable medical electrodes and reusable medical electrodes.

Technology

  • Wet Electrodes
  • Dry Electrodes
  • Needle Electrodes

Medical electrodes market has also been segmented on the basis of technology into wet electrodes, dry electrodes, and needle electrodes.

Procedure

  • Electrocardiography (ECG)
  • Electroencephalography (EEG)
  • Electromyography (EMG)
  • Other Procedures

On the basis of procedure, the medical electrodes market is segmented into electrocardiography (ECG), electroencephalography (EEG), electromyography (EMG) and other procedures.

Application

  • Cardiology
  • Neurophysiology
  • Sleep Disorders
  • Intraoperative Monitoring
  • Other Applications

On the basis of application, the medical electrodes market is segmented into cardiology, neurophysiology, sleep disorders, intraoperative monitoring and other applications.

Medical Electrodes Market Regional Analysis/Insights

The medical electrodes market is analysed and market size insights and trends are provided by country, usability, technology, procedure and application as referenced above.

The countries covered in the medical electrodes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the medical electrodes market because of the high adoption of advanced technology within the region.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increase in the number of private and public health care facilities in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The medical electrodes market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical electrodes market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical electrodes market. The data is available for historic period 2010-2020.

Competitive Landscape and Medical Electrodes Market Share Analysis

The medical electrodes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical electrodes market.

Some of the major players operating in the medical electrodes market are Boston Scientific Corporation (US), 3M (US), BD (US), GENERAL ELECTRIC (US), Medtronic (Ireland), CONMED Corporation. (US), Koninklijke Philips N.V. (Netherlands), Ambu A/S. (Denmark), Natus Medical Incorporated (US), Leonhard Lang USA, Inc. (US), NIHON KOHDEN CORPORATION (Japan), Compumedics Limited (Australia), g.tec medical engineering GmbH Austria (Austria), VectraCor (US), EMOTIV (US), Bionen sas di B. Nencioni & C. (Italy), NeuroWave Systems Inc (US), Wearable Sensing (US), NeuroSky (South Korea), among others.

Research Methodology : Global Medical Electrodes Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-medical-electrodes-market


SKU-
Why Choose Us


Frequently Asked Questions

The Medical Electrodes Market will be projected USD 2.68 billion during the forecast period of 2022 to 2029.
The Medical Electrodes Market is Expected to Witness CAGR of 5.85% During the Forecast Period of 2022 to 2029.
The Major Players Operating in the Medical Electrodes Market are Boston Scientific Corporation (US), 3M (US), BD (US), GENERAL ELECTRIC (US), Medtronic (Ireland), CONMED Corporation. (US), Koninklijke Philips N.V. (Netherlands), Ambu A/S. (Denmark), Natus Medical Incorporated (US), Leonhard Lang USA, Inc. (US), among others.
The Countries Covered in the Medical Electrodes Market Report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Medical Electrodes Market Report Curated by the Data Bridge Market Research Team Includes In-Depth Expert Analysis, Patient Epidemiology, Pipeline Analysis, Pricing Analysis, and Regulatory Framework.