Medical Electrodes Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

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Report Code: ZMR-2764 | Report Format : | Status : Upcoming |

Abstract

Global Medical Electrodes Market: Overview

Medical electrodes are basically the medical equipment that assists to transfer energy from ionic currents in the human body mainly into electrical currents that can be improved, researched, and used for diagnosis and analysis of the patients going through medical conditions. The making of the medical electrode includes metal, lead, and electrode conducting plate. This equipment is joined with monitoring systems to offer a nonstop monitoring of patients who are suffering from different diseases and syndromes.

Global Medical Electrodes Market: Growth Factors

One of the major market drivers for the global medical electrodes market is the stable development of the healthcare division. Owing to increasing private investment as well as government interest, the healthcare division has exhibited strong development across developed regions. The increasing focus on building up a stable diagnostics division within the health care zone in several countries is projected to fuel the global medical electrodes market in the years to come.

The increasing use of medical electrodes in the analysis of cardiological and neurophysiological disorders is projected to be an important factor for the global medical electrodes market in the years to come. Medical electrodes are also becoming significant majorly in the treatment of neurological syndromes such as Alzheimer’s and Parkinson’s, ensuring steady expansion opportunities for the global market.

Global Medical Electrodes Market: Segmentation

The global medical electrodes market is classified based on technology, application, usability, diagnostic procedure, and region. In terms of usability, the market is bifurcated into reusable electrodes and disposable. Based on technology, the market is additionally categorized into dry electrodes, wet electrodes, and needle electrodes.

In terms of diagnostic procedures the global medical electrodes market is categorized into electroencephalography (EEG), electrocardiography (ECG), and other procedures [electroretinography (ERG), electromyography (EMG), and electrooculography (EOG)].

Based on application, the global medical electrodes market is further classified into neurophysiology, cardiology, intra-operative monitoring, sleep disorders, and other applications.

Global Medical Electrodes Market: Regional Analysis

North America is anticipated to hold the major share of the global medical electrodes market in the coming years due to the growing occurrence of CVDs, changing standard of living of individuals, and existence of target population in Canada and the U.S. Regions such as Europe and North America are anticipated to collectively add towards the development of this vertical due to the occurrence of technologically developed electrodes such as dry electrodes and hydrogel that offer enhanced adhesion ability and improved conduction aspects when compared to gel-based electrodes.

The Asia Pacific region is projected to witness highest growth rate in the coming future. This can be majorly attributed to proposals undertaken by different governments to make an open and free economy.

Global Medical Electrodes Market: Competitive Players

Some of the most important market players in the global medical electrodes market are Boston Scientific Corporation, 3M Healthcare, C.R Bard, Inc., GE Healthcare, Medtronic, Conmed Corporation, Thermo Fisher Scientific Inc., Natus Medical Incorporated, Philips Healthcare., and Asahi Kasei Corporation, are among others.

Global Medical Electrodes Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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