Uploaded on Nov 15, 2022
The report "Medical Electrodes Market by Product [Diagnostic Electrodes (ECG, EEG, EMG), Therapeutic Electrodes (Defibrillator, Pacemaker)], Technology (Wet, Dry, Needle), Application (Neurophysiology, IOM), Usage (Disposable, Reusable), - Global Forecast to 2026" The global medical electrodes market is projected to reach USD 2.1 billion by 2026 from USD 1.7 billion in 2021, at a CAGR of 4.3%.
How Large Is The Medical Electrodes Market?
MarketsandMarkets
Presents
Medical Electrodes Market worth $2.1 billion by 2026
https://www.marketsandmarkets.com/Market-Reports/medical-electrode-market-171260948
.html
The report "Medical Electrodes Market is projected to reach USD 2.1 billion by 2026 from USD
1.7 billion in 2021, at a CAGR of 4.3% during the forecast period. Growth in the medical
electrodes market is primarily driven by factors such as the rising incidence of target diseases,
increasing investments in research, and growing preference for home and ambulatory
healthcare services.
Browse 143 market data Tables and 42 Figures spread through 208 Pages and in-depth TOC on
"Medical Electrodes Market by Product [Diagnostic Electrodes (ECG, EEG, EMG), Therapeutic
Electrodes (Defibrillator, Pacemaker)], Technology (Wet, Dry, Needle), Application
(Neurophysiology, IOM), Usage (Disposable, Reusable), - Global Forecast to 2026 “
Market Dynamics
• Driver: Rising incidence of neurological & cardiovascular disorders
• Opportunity: Growth opportunities in emerging economies
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Objectives of the Study:
• ECG electrodes accounted for the largest share of the medical electrodes market and is also
expected to grow at the highest CAGR
Based on the type, the diagnostic medical electrodes market is segmented into
electrocardiography (ECG) electrodes, electroencephalography (EEG) electrodes,
electromyography (EMG) electrodes, and other diagnostic electrodes
[electroretinography (ERG) and electrooculography (EOG)]. Among these, the ECG
segment accounted for the largest share of the diagnostic medical electrodes
market in 2020. The large share of this segment can be attributed to the rising
prevalence of CVD, increasing incidence of arrhythmias, and technological
advancements in ECG electrodes
• The defibrillator electrodes segment is expected to grow at the highest CAGR during the
forecast period and also accounted for the largest share
• North America was the largest regional market
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This report categorizes the epigenetics market into the following
segments
By Product
• Diagnostic Medical Electrodes
• Therapeutic Medical Electrodes
By Technology
• Wet Electrodes
• Dry Electrodes
• Needle Electrodes
By Usability
• Disposable Medical Electrodes
• Reusable Medical Electrodes
By Application
• Cardiology
• Neurophysiology
• Sleep Disorders
• Intraoperative Monitoring (IOM)
• Surgical Applications
• Other Applications (vision disorders and wound healing)
The global medical electrodes market is fragmented. The prominent players operating in
this market include Medtronic (Ireland), Ambu A/S (Denmark), 3M (US), Natus Medical
Incorporated (US), Koninklijke Philips N.V. (Netherlands), B. Braun Melsungen AG
(Germany), ZOLL Medical Corporation (US), Cardinal Health (US), CONMED Corporation
(US), Nihon Kohden Corporation (Japan), Rhythmlink International, LLC (US), Cognionics,
Inc. (US), GE Healthcare (US), Compumedics Limited (Australia), and Nissha Medical
Technologies (Japan).
Companies Insight
Cardinal Health (US) is one of the leading players in the medical electrodes market. With a wide
distribution network across the globe and a strong product portfolio, it has established itself as
one of the leading market players. The company has a strong geographic presence worldwide,
and the products are sold directly or through third-party distributors in the US, Canada, Europe,
Asia Pacific, and other markets.
3M (US) is one of the prominent players in the medical electrodes market. The leading position
of the firm can be attributed to its strong brand recognition and extensive product portfolio in
this market. The strong product portfolio of the company is important for its future growth. The
company has a strong presence in the US, Europe, and the Asia Pacific markets. Thus, the
worldwide footprint and the critical nature of its products play a key role in expanding access to
healthcare in emerging and developed countries.
ZOLL Medical Corporation (US) is one of the leading players in the medical electrodes market in
2020. The company’s product portfolio and strong geographic presence with a well-established
distribution channel have helped it gain a competitive edge in the market. The company also has
a well-established sales footprint in key countries.
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Press release:
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de.asp
Research insights:
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ode-market.asp
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