EUROPE MEDICAL ELECTRODES MARKET 2022-2028

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Increased investments in healthcare research and technology are expected to grow the region’s market

SKU: TR-260-2022 Category: Tag:

Description

MARKET OUTLOOK

According to this report, the medical electrodes market in Europe is expected to grow at a CAGR of 4.91% during the forecasted period 2022-2028. The countries studied across the region include the United Kingdom, France, Germany, Spain, Italy, and Rest of Europe.
According to ITA, Germany’s medical device market is one of the most lucrative in the world, accounting for approximately $35.8 billion annually. In terms of infrastructure, the country has a robust healthcare system. In 2021, the Federal Ministry of Education and Research announced a $23.7 million increase in medical technology funding to modernize the healthcare system. The country’s government has also launched a Medical Informatics funding scheme as part of the Health Research Framework Program to improve data exchange across various locations, allowing individuals to receive more precise care. Rising government initiatives and increased investments in healthcare research and technology are expected to propel the growth of the medical electrode market.
In 2020, the geriatric population in France was approximately 20.56% of the total population. An increase in the geriatric population is associated with a rising risk of cardiovascular disease and other sleep-related disorders. There is a need to prevent rising cardiovascular disease caused by habits such as smoking and alcohol consumption. Such prevention can be done by integrating medical electrodes that can help in the early diagnosis and treatment of such diseases. All these factors will result in an increased demand for the country’s medical electrodes market.

COMPETITIVE OUTLOOK

The established players in the medical electrodes market include ConMed Corporation, Cardinal Health Inc., Zoll Medical Corporation, Cognionics, CR Bard Inc, Natus Medical Incorporated, and Medico Electrodes.

TABLE OF CONTENTS

1. EUROPE MEDICAL ELECTRODES MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON THE MEDICAL ELECTRODES MARKET
2.2. KEY INSIGHTS
2.2.1. ADVANCEMENT IN TECHNOLOGIES FOR THE DEVELOPMENT OF MEDICAL ELECTRODE DEVICES
2.2.2. HEALTHCARE INITIATIVES BY GOVERNMENT
2.2.3. ECG SEGMENT GAINING TRACTION IN THE MARKET
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. INDUSTRY COMPONENTS
2.6.1. MANUFACTURING
2.6.2. TECHNOLOGY INTEGRATION
2.6.3. DISTRIBUTORS/SUPPLIERS
2.6.4. END-USERS
2.7. REGULATORY FRAMEWORK
2.8. KEY MARKET STRATEGIES
2.8.1. ACQUISITIONS
2.8.2. PRODUCT LAUNCHES
2.8.3. CONTRACTS & AGREEMENTS
2.8.4. EXPANSIONS & DIVESTITURES
2.9. MARKET DRIVERS
2.9.1. GROWING PREVALENCE OF CARDIOVASCULAR AND NEUROLOGICAL DISEASES
2.9.2. RISING INVESTMENTS IN RESEARCH AND DEVELOPMENT OF HEALTHCARE SERVICES
2.9.3. RISING PREFERENCE FOR AMBULATORY HEALTHCARE SERVICES
2.10. MARKET CHALLENGES
2.10.1. STRINGENT REGULATIONS IMPOSED BY GOVERNMENT
2.10.2. TIME-CONSUMING PROCESS OF BIOCOMPATIBILITY TESTING
2.11. MARKET OPPORTUNITIES
2.11.1. RISING PREFERENCE FOR DISPOSABLE ELECTRODES
2.11.2. GROWING DEMAND FOR MINIMALLY INVASIVE SURGERIES
3. EUROPE MEDICAL ELECTRODES MARKET OUTLOOK – BY PRODUCT
3.1. SURFACE ELECTRODES
3.2. NEEDLE ELECTRODES
4. EUROPE MEDICAL ELECTRODES MARKET OUTLOOK – BY USABILITY
4.1. DISPOSABLE MEDICAL ELECTRODES
4.2. REUSABLE MEDICAL ELECTRODES
5. EUROPE MEDICAL ELECTRODES MARKET OUTLOOK – BY TYPE
5.1. DIAGNOSTIC MEDICAL ELECTRODES
5.2. THERAPEUTIC MEDICAL ELECTRODES
6. EUROPE MEDICAL ELECTRODES MARKET OUTLOOK – BY APPLICATION
6.1. CARDIOLOGY
6.2. INTRAOPERATIVE MONITORING
6.3. NEUROPHYSIOLOGY
6.4. SLEEP DISORDERS
6.5. OTHER APPLICATIONS
7. EUROPE MEDICAL ELECTRODES MARKET – COUNTRY OUTLOOK
7.1. UNITED KINGDOM
7.2. GERMANY
7.3. FRANCE
7.4. SPAIN
7.5. ITALY
7.6. REST OF EUROPE
8. COMPETITIVE LANDSCAPE
8.1. 3M
8.2. CONMED CORPORATION
8.3. MEDTRONIC PLC
8.4. CARDINAL HEALTH INC.
8.5. AMBU A/S
8.6. ZOLL MEDICAL CORPORATION
8.7. DYMEDIX DIAGNOSTICS
8.8. COGNIONICS
8.9. COOPER SURGICAL
8.10. CR BARD INC
8.11. RHYTHMLINK INTERNATIONAL
8.12. NATUS MEDICAL INCORPORATED
8.13. PEPIN MANUFACTURING
8.14. MEDICO ELECTRODES
8.15. KONINKLIJKE PHILIPS NV
9. RESEARCH METHODOLOGY & SCOPE
9.1. RESEARCH SCOPE & DELIVERABLES
9.2. SOURCES OF DATA
9.3. RESEARCH METHODOLOGY

LIST OF TABLES

TABLE 1: EUROPE MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: REGULATORY FRAMEWORK
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: LIST OF PRODUCT LAUNCHES
TABLE 6: LIST OF CONTRACTS & AGREEMENTS
TABLE 7: LIST OF EXPANSIONS & DIVESTITURES
TABLE 8: EUROPE MEDICAL ELECTRODES MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 9: EUROPE MEDICAL ELECTRODES MARKET, BY USABILITY, 2022-2028 (IN $ MILLION)
TABLE 10: EUROPE MEDICAL ELECTRODES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 11: EUROPE MEDICAL ELECTRODES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 12: EUROPE MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: EUROPE MEDICAL ELECTRODES MARKET, BY PRODUCT, 2021 & 2028 (IN %)
FIGURE 4: EUROPE MEDICAL ELECTRODES MARKET, BY SURFACE ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 5: EUROPE MEDICAL ELECTRODES MARKET, BY NEEDLE ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 6: EUROPE MEDICAL ELECTRODES MARKET, BY USABILITY, 2021 & 2028 (IN %)
FIGURE 7: EUROPE MEDICAL ELECTRODES MARKET, BY DISPOSABLE MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 8: EUROPE MEDICAL ELECTRODES MARKET, BY REUSABLE MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 9: EUROPE MEDICAL ELECTRODES MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 10: EUROPE MEDICAL ELECTRODES MARKET, BY DIAGNOSTIC MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 11: EUROPE MEDICAL ELECTRODES MARKET, BY THERAPEUTIC MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 12: EUROPE MEDICAL ELECTRODES MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 13: EUROPE MEDICAL ELECTRODES MARKET, BY CARDIOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE MEDICAL ELECTRODES MARKET, BY INTRAOPERATIVE MONITORING, 2022-2028 (IN $ MILLION)
FIGURE 15: EUROPE MEDICAL ELECTRODES MARKET, BY NEUROPHYSIOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE MEDICAL ELECTRODES MARKET, BY SLEEP DISORDERS, 2022-2028 (IN $ MILLION)
FIGURE 17: EUROPE MEDICAL ELECTRODES MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 18: EUROPE MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 19: UNITED KINGDOM MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 20: GERMANY MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 21: FRANCE MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 22: SPAIN MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 23: ITALY MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 24: REST OF EUROPE MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)

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Companies Mentioned

1. 3M
2. CONMED CORPORATION
3. MEDTRONIC PLC
4. CARDINAL HEALTH INC.
5. AMBU A/S
6. ZOLL MEDICAL CORPORATION
7. DYMEDIX DIAGNOSTICS
8. COGNIONICS
9. COOPER SURGICAL
10. CR BARD INC
11. RHYTHMLINK INTERNATIONAL
12. NATUS MEDICAL INCORPORATED
13. PEPIN MANUFACTURING
14. MEDICO ELECTRODES
15. KONINKLIJKE PHILIPS NV

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