GLOBAL MEDICAL ELECTRODES MARKET 2022-2028

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The rising prevalence of cardiovascular and neurological diseases helps the market to progress

SKU: TR-258-2022 Category: Tag:

Description

MARKET OUTLOOK

As per a study Market Research, the global medical electrodes market is expected to show an uptrend at a CAGR of 4.99% over the forecast period 2022-2028.
The market’s growth is supported by factors such as the growing prevalence of cardiovascular & neurological diseases and rising investments in R&D of healthcare services. The deaths by cardiovascular are 32% of the total deaths worldwide. This resulted in conducting health programs for the public to reduce the risk of such diseases. The prevalence of diseases is expected to accelerate the demand for medical electrodes owing to their use in early diagnosis and treatment. This is due to medical electrodes’ use in treating these diseases. In contrast, the stringent regulations imposed by the government for the approval of medical devices are expected to hinder the market’s growth opportunities.

REGIONAL OUTLOOK

The global medical electrodes market is studied across regions such as North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa.
Globally, Asia-Pacific is anticipated to be the fastest-growing region in the market. According to data, digital health in Asia is expected to earn revenue of up to $100 billion by 2025, rising from $37 billion in 2020. Technological advancement and digitalization will boost the demand for advanced and portable medical electrode devices for enhanced diagnosis for patients in the region. Such demand for consumer-centric digital health ecosystems is expected to fuel the region’s market in forthcoming years.

COMPETITIVE OUTLOOK

The prominent players in the medical electrodes market include Dymedix Diagnostics, Cooper Surgical, Ambu A/S, CR Bard Inc, Medico Electrodes, Natus Medical Incorporated, ConMed Corporation, Koninklijke Philips NV, Cardinal Health Inc., Zoll Medical Corporation, Medtronic Plc, Cognionics, 3M, Pepin Manufacturing, and Rhythmlink International.
ConMed Corporation is a global medical technology company that sells and manufactures patient monitoring and surgical devices. The company provides services for orthopedic surgery, robotic, laparoscopic, open surgery, pulmonology and gastroenterology, diagnostic devices, and patient care. It has three main manufacturing facilities. Headquartered in the United States, the company’s major international markets include Europe, Latin America, Canada, and the Asia-Pacific region, and its devices are sold in over 100 countries worldwide. The company’s devices, such as Core-Reusable electrodes and Universal Plus-reusable electrodes, provide great safety and precise surgeon control with high-volume suction and irrigation.

TABLE OF CONTENTS

1. GLOBAL 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 SUBSTITUTE S
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. GLOBAL MEDICAL ELECTRODES MARKET OUTLOOK – BY PRODUCT
3.1. SURFACE ELECTRODES
3.2. NEEDLE ELECTRODES
4. GLOBAL MEDICAL ELECTRODES MARKET OUTLOOK – BY USABILITY
4.1. DISPOSABLE MEDICAL ELECTRODES
4.2. REUSABLE MEDICAL ELECTRODES
5. GLOBAL MEDICAL ELECTRODES MARKET OUTLOOK – BY TYPE
5.1. DIAGNOSTIC MEDICAL ELECTRODES
5.2. THERAPEUTIC MEDICAL ELECTRODES
6. GLOBAL 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. GLOBAL MEDICAL ELECTRODES MARKET – REGIONAL OUTLOOK
7.1. NORTH AMERICA
7.1.1. MARKET OUTLOOK BY PRODUCT
7.1.2. MARKET OUTLOOK BY USABILITY
7.1.3. MARKET OUTLOOK BY TYPE
7.1.4. MARKET OUTLOOK BY APPLICATION
7.1.5. COUNTRY ANALYSIS
7.1.5.1. UNITED STATES
7.1.5.2. CANADA
7.2. EUROPE
7.2.1. MARKET OUTLOOK BY PRODUCT
7.2.2. MARKET OUTLOOK BY USABILITY
7.2.3. MARKET OUTLOOK BY TYPE
7.2.4. MARKET OUTLOOK BY APPLICATION
7.2.5. COUNTRY ANALYSIS
7.2.5.1. UNITED KINGDOM
7.2.5.2. GERMANY
7.2.5.3. FRANCE
7.2.5.4. SPAIN
7.2.5.5. ITALY
7.2.5.6. REST OF EUROPE
7.3. ASIA-PACIFIC
7.3.1. MARKET OUTLOOK BY PRODUCT
7.3.2. MARKET OUTLOOK BY USABILITY
7.3.3. MARKET OUTLOOK BY TYPE
7.3.4. MARKET OUTLOOK BY APPLICATION
7.3.5. COUNTRY ANALYSIS
7.3.5.1. CHINA
7.3.5.2. JAPAN
7.3.5.3. INDIA
7.3.5.4. SOUTH KOREA
7.3.5.5. ASEAN COUNTRIES
7.3.5.6. AUSTRALIA & NEW ZEALAND
7.3.5.7. REST OF ASIA-PACIFIC
7.4. LATIN AMERICA
7.4.1. MARKET OUTLOOK BY PRODUCT
7.4.2. MARKET OUTLOOK BY USABILITY
7.4.3. MARKET OUTLOOK BY TYPE
7.4.4. MARKET OUTLOOK BY APPLICATION
7.4.5. COUNTRY ANALYSIS
7.4.5.1. BRAZIL
7.4.5.2. MEXICO
7.4.5.3. REST OF LATIN AMERICA
7.5. MIDDLE EAST AND AFRICA
7.5.1. MARKET OUTLOOK BY PRODUCT
7.5.2. MARKET OUTLOOK BY USABILITY
7.5.3. MARKET OUTLOOK BY TYPE
7.5.4. MARKET OUTLOOK BY APPLICATION
7.5.5. COUNTRY ANALYSIS
7.5.5.1. UNITED ARAB EMIRATES
7.5.5.2. SAUDI ARABIA
7.5.5.3. TURKEY
7.5.5.4. SOUTH AFRICA
7.5.5.5. REST OF MIDDLE EAST & AFRICA
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: GLOBAL MEDICAL ELECTRODES MARKET, REGIONAL 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 INVESTMENTS & EXPANSIONS
TABLE 8: GLOBAL MEDICAL ELECTRODES MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL MEDICAL ELECTRODES MARKET, BY USABILITY, 2022-2028 (IN $ MILLION)
TABLE 10: GLOBAL MEDICAL ELECTRODES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 11: GLOBAL MEDICAL ELECTRODES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 12: GLOBAL MEDICAL ELECTRODES MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY USABILITY, 2022-2028 (IN $ MILLION)
TABLE 15: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 16: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 17: NORTH AMERICA MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 18: EUROPE MEDICAL ELECTRODES MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 19: EUROPE MEDICAL ELECTRODES MARKET, BY USABILITY, 2022-2028 (IN $ MILLION)
TABLE 20: EUROPE MEDICAL ELECTRODES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 21: EUROPE MEDICAL ELECTRODES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 22: EUROPE MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 23:ASIA-PACIFIC MEDICAL ELECTRODES MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 24:ASIA-PACIFIC MEDICAL ELECTRODES MARKET, BY USABILITY, 2022-2028 (IN $ MILLION)
TABLE 25:ASIA-PACIFIC MEDICAL ELECTRODES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 26:ASIA-PACIFIC MEDICAL ELECTRODES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 27:ASIA-PACIFIC MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 28: LATIN AMERICA MEDICAL ELECTRODES MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 29: LATIN AMERICA MEDICAL ELECTRODES MARKET, BY USABILITY, 2022-2028 (IN $ MILLION)
TABLE 30: LATIN AMERICA MEDICAL ELECTRODES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 31: LATIN AMERICA MEDICAL ELECTRODES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 32: LATIN AMERICA MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 33: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)
TABLE 34: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY USABILITY, 2022-2028 (IN $ MILLION)
TABLE 35: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 36: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 37: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: GLOBAL MEDICAL ELECTRODES MARKET, BY PRODUCT, 2021 & 2028 (IN %)
FIGURE 4: GLOBAL MEDICAL ELECTRODES MARKET, BY SURFACE ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 5: GLOBAL MEDICAL ELECTRODES MARKET, BY NEEDLE ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 6: GLOBAL MEDICAL ELECTRODES MARKET, BY USABILITY, 2021 & 2028 (IN %)
FIGURE 7: GLOBAL MEDICAL ELECTRODES MARKET, BY DISPOSABLE MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 8: GLOBAL MEDICAL ELECTRODES MARKET, BY REUSABLE MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 9: GLOBAL MEDICAL ELECTRODES MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 10: GLOBAL MEDICAL ELECTRODES MARKET, BY DIAGNOSTIC MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 11: GLOBAL MEDICAL ELECTRODES MARKET, BY THERAPEUTIC MEDICAL ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 12: GLOBAL MEDICAL ELECTRODES MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 13: GLOBAL MEDICAL ELECTRODES MARKET, BY CARDIOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 14: GLOBAL MEDICAL ELECTRODES MARKET, BY INTRAOPERATIVE MONITORING, 2022-2028 (IN $ MILLION)
FIGURE 15: GLOBAL MEDICAL ELECTRODES MARKET, BY NEUROPHYSIOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 16: GLOBAL MEDICAL ELECTRODES MARKET, BY SLEEP DISORDERS, 2022-2028 (IN $ MILLION)
FIGURE 17: GLOBAL MEDICAL ELECTRODES MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 18: GLOBAL MEDICAL ELECTRODES MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 19: NORTH AMERICA MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 20: UNITED STATES MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 21: CANADA MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: EUROPE MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 23: UNITED KINGDOM MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 24: GERMANY MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: FRANCE MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: SPAIN MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: ITALY MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: REST OF EUROPE MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 29:ASIA-PACIFIC MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 30: CHINA MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: JAPAN MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: INDIA MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: SOUTH KOREA MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: ASEAN COUNTRIES MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: AUSTRALIA & NEW ZEALAND MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: REST OF ASIA-PACIFIC MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: LATIN AMERICA MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 38: BRAZIL MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 39: MEXICO MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 40: REST OF LATIN AMERICA MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: MIDDLE EAST AND AFRICA MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 42: UNITED ARAB EMIRATES MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: SAUDI ARABIA MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: TURKEY MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: SOUTH AFRICA MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)
FIGURE 46: REST OF MIDDLE EAST & AFRICA MEDICAL ELECTRODES MARKET 2022-2028 (IN $ MILLION)

Additional information

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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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