DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/k2p7qm/electrodes_for) has announced the addition of the "Electrodes for Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.
The global electrodes market for medical devices market was valued at USD 633.6 million in 2012 and is estimated to reach USD 1,451.2 million by 2019 growing at a CAGR of 11.7% from 2013 to 2019.
The industry for medical electrodes is witnessing a rapid pace of technological advances that result in the commercialization of novel diagnostic and therapeutic electrodes. Increasing incidences of cardiac disorders coupled with several neurological disorders create an escalated demand for effective diagnosis and treatment approaches that lead to development of reliable and accurate diagnostic and therapeutic platforms.
The major factors contributing towards proliferation of electrodes are consistent technological advances, high preference towards disposable electrodes over reusable and increased introduction of novel electrode technologies. Increased preference towards disposable electrodes is attributed to enhanced features of electrodes such as user friendly, low manufacturing costs and low risk of hospital acquired infections as compared to reusable electrodes. In addition, widened application range of therapeutic electrodes especially in aesthetic surgeries, RF ablation procedures etc further propel the growth of the market. On the contrary lack of standardized reimbursement policies coupled with stringent regulatory barriers for approval are some of the factors that might encumber the growth of electrodes market.
The overall electrodes market is highly fragmented with the presence of both established and emerging companies in this field. Some of the prominent market players in this market are 3M Company, Ambu A/S, CONMED Corporation, Philips Healthcare Medtronic, Inc., and Natus Medical, Inc. among others. Rigorous investment by the companies towards developing efficient diagnostic and therapeutic platforms is evident for promising growth prospects in this market.
Report Scope
Diagnostic Electrodes for Medical Devices Market, by Product Type
- ECG Electrodes
- EEG Electrodes
- EMG Electrodes
- ERG Electrodes
- Fetal Scalp Electrodes
- Others
Therapeutic Electrodes for Medical Devices Market, by Product Type
- TENS Electrodes
- Pacemaker Electrodes
- Defibrillator Electrodes
- Electrosurgical Electrodes
- Others
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Diagnostic Electrodes for Medical Devices Market, by Product Type
Chapter 5 Global Therapeutic Electrodes for Medical Devices Market, by Product Type
Chapter 6 Global Electrodes for Medical Devices Market, by Geography
Chapter 7 Recommendations
Chapter 8 Company Profiles
- 3M Company
- Ambu A/S
- Asahi Kasei Corporation
- C. R. Bard, Inc.
- CONMED Corporation
- Covidien plc
- Katecho, Inc.
- Medtronic, Inc.
- GE Healthcare Ltd.
- Philips Healthcare
- Leonhard Lang GmbH
- Natus Medical Incorporated
- Nikomed USA Inc.
- Rhythmlink International, LLC
For more information visit http://www.researchandmarkets.com/research/k2p7qm/electrodes_for
