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Medical Electrodes Market Size, Share, Analysis, Trends and Forecast - 2022
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Medical Electrodes Market worth 732.4 Million USD by 2022 "Medical Electrodes Market by Usability (Disposable, Reuse), Technology (Dry Electrodes, Wet, Needle), Diagnostic Procedures (ECG, EEG, EMG, EOG, ERG), Application (Cardio, Neurophysiology, Sleep Disorders, Intraoperative) - Global Forecast to 2022",published by MarketsandMarkets™, the market is expected to reach USD 732.4 Million by 2022 from USD 583.2 Million in 2017, at a CAGR of 4.7%. A number of factors such as rising incidence and prevalence of neurological and cardiovascular disorders, increasing investments in medical device research, and growing preference for home and ambulatory healthcare are driving the growth of Medical Electrodes market. In addition, emerging markets such as China, India, and Brazil are expected to offer significant growth opportunities for players operating in the Medical Electrodes market. Cardiology to dominate the market in 2017 Based on application, the Medical Electrodes Market is segmented into cardiology, neurophysiology, sleep disorders, intraoperative monitoring (IOM), and other applications. In 2017, cardiology segment is expected to account for the largest share and to register the highest CAGR of the Medical Electrodes Market. This can be attributed to the increasing prevalence of cardiovascular diseases (CVD), growing geriatric population, rising cardiovascular health awareness, and technological innovations in diagnostics tools and monitoring techniques. These factors drive the growth in the Medical Electrodes Market. Browse and in-depth TOC on " Medical Electrodes Market " 70 – Tables 42 - Figures 147 – Pages Know More: https://www.marketsandmarkets.com/Market-Reports/medical-electrode-market- 171260948.html On the basis of technology, dry electrodes are projected to register the highest CAGR By technology, the Medical Electrodes Market is segmented into dry electrodes, wet electrodes, and needle electrodes. Dry electrodes are expected to register the highest CAGR during the forecast period. Dry electrodes measure biopotential signals without using any gel or adhesive. Also, procedures involving the use of these electrodes do not require any skin preparation. Various types of dry electrodes have been introduced in the market to overcome the issues associated with wet electrodes. Moreover, this market segment is witnessing numerous technological advancements focused on developing products that provide high signal quality and better patient comfort. These factors are expected to boost the demand for dry electrodes. North America to dominate the market followed by Europe
In 2017, North America is expected to account for the largest share of the Medical Electrodes Market. The high growth of the North American market is attributed to the factors such as the high incidence of neurological and cardiovascular disorders, increasing demand for technologically advanced electrodes, growing adoption of non- invasive diagnostic electrodes and increasing awareness about the benefits of early disease diagnosis. In 2017, Europe is expected to hold the second largest share of Medical Electrodes Market. Factors such as presence of a well-established healthcare industry, significant funding for life sciences and medical research, rising geriatric population, and increasing incidence of neurodegenerative and cardiovascular disorders in several European countries are expected to fuel the market growth in this region. Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=171260948 Prominent players in the Medical Electrodes market include 3M Company (US), Medtronic (Ireland), Ambu (US), Natus Medical Incorporated (US), Rhythmlink International, LLC (US), Koninklijke Philips N.V. (Netherlands), Cognionics, Inc. (US), CONMED Corporation (US), Leonhard Lang GmbH (acquired by DCC plc), and Nihon Kohden Corporation (Japan). Browse Adjacent Markets @ https://www.marketsandmarkets.com/RequestBundleReport.asp?id=171260948 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Research Insight: https://www.marketsandmarkets.com/ResearchInsight/medical-electrode-market.asp