DUBLIN--(BUSINESS WIRE)--The "Medical Electrodes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global medical electrodes market was worth US$ 663.7 Million in 2018 and is expected to reach a value of US$ 839.7 Million by 2024, registering a CAGR of around 4% during 2019-2024.
A medical electrode is a solid electronic conductor that is used to transfer the ionic current in the body into electric current for biological measurements. It comprises a metal part, lead and an electrode conducting paste and assists in the diagnosis of various nervous, ocular, cardiac and muscular disorders.
Depending upon the anatomical location, multiple medical electrodes are used to receive bio-signals such as Electrocardiogram (ECG), electroencephalogram (EEG) and Electromyogram (EMG). Medical professionals highly prefer these electrodes as they are affordable, disposable, sterilizable and easy to administer.
Owing to these benefits, they find wide application in various orthopedic, cardiovascular, cosmetic and neurosurgeries in hospitals, diagnostic centers and medical research institutions.
The increasing prevalence of degenerative neurological and cardiological diseases, such as Parkinson's, Alzheimer's, fibromyalgia and various brain disorders, is a key driving factor for the market growth.
Furthermore, the rising geriatric population that has created a need for early diagnosis of ailments is also increasing the demand for medical electrodes globally. Also, increasing investments and government support through favorable policies is catalyzing the growth of the market.
Owing to these factors, there has been a significant increase in research and development (R&D) to ensure easy access to quality healthcare for the vulnerable population and developing healthcare infrastructure while making it affordable for all. Moreover, technological developments such as advancements in nanotechnology have enabled miniaturization of these electrodes and facilitated their application for various minimally invasive surgeries.
Key Questions Answered in This Report:
- How has the global medical electrodes market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global medical electrodes industry?
- What is the breakup of the market based on the electrode type?
- What is the breakup of the market based on the usability?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the global medical electrodes industry?
- What are the key driving factors and challenges in the global medical electrodes industry?
- What is the structure of the global medical electrodes industry and who are the key players?
- What is the degree of competition in the global medical electrodes industry?
- What are the profit margins in the medical electrodes industry?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Medical Electrodes Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Electrode Type
5.4 Market Breakup by Usability
5.5 Market Breakup by Technology
5.6 Market Breakup by Application
5.7 Market Breakup by End User
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Electrode Type
6.1 Diagnostic Electrodes
6.1.1 Market Trends
6.1.2 Market Breakup by Type
22.214.171.124 Electrocardiogram (ECG) Electrodes
126.96.36.199 Electromyogram (EMG) Electrodes
188.8.131.52 Electroencephalogram (EEG) Electrodes
184.108.40.206 Electronystagmogram (ENG) Electrodes
220.127.116.11 Neonatal Electrodes
18.104.22.168 Fetal Scalp Electrodes
6.1.3 Market Forecast
6.2 Therapeutic Electrodes
6.2.1 Market Trends
6.2.2 Market Breakup by Type
22.214.171.124 Defibrillator Electrodes
126.96.36.199 Electrosurgical Electrodes
188.8.131.52 Pacemaker Electrodes
184.108.40.206 Transcutaneous Electrical Nerve Stimulation (TENS) Electrodes
6.2.3 Market Forecast
7 Market Breakup by Usability
7.1 Disposable Medical Electrodes
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Reusable Medical Electrodes
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Technology
8.1 Wet Electrodes
8.2 Dry Electrodes
8.3 Needle Electrodes
9 Market Breakup by Application
9.3 Sleep Disorders
9.4 Intraoperative Monitoring
10 Market Breakup by End User
10.2 Diagnostic Centres
10.3 Medical Research Institutions
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
15.1 Key Price Indicators
15.2 Price Structure
15.3 Margin Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Medtronic PLC
16.3.3 3M Company
16.3.4 Koninklijke Philips N.V.
16.3.5 Ambu A/S
16.3.6 Dymedix Diagnostics
16.3.7 Natus Medical Incorporated
16.3.8 Cognionics Inc.
16.3.9 Cooper Surgical Inc.
16.3.10 ZOLL Medical Corporation
16.3.11 C. R. Bard Inc.
16.3.12 Rhythmlink International company
16.3.14 GE Healthcare
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