Medical Electrodes Market Poised to Grow at a CAGR of 4% by 2024

Medical Electrodes Market Poised to Grow at a CAGR of 4% by 2024


Infinium Global Research has added a new report on Medical Electrodes Market. The report presents analysis of global as well as regional markets of medical electrodes market over the period of 2016 to 2024. Medical electrodes are devices that transfer the energy of ionic currents into electrical current in the body. It can be amplified and has proved to be useful in diagnosing various diseases. Medical electrodes are non-surgical and include a metal, lead, and electrode conducting plate. Patients suffering from various diseases such as neurology and cardiology related problems requires continuous monitoring, medical electrodes are used with monitoring systems to provide a diagnosis and continuous monitoring of such patients. It is useful for the identification of ocular, muscular disorders, cardiac and nervous disorders and thus has gained increased demand, owing to their extensive use. Medical electrode works in a group with the electrical contact between the device and monitoring system that is used to monitor the activities of the patient. Diseases such as Alzheimer’s disease, body ache, sinusitis, Parkinson’s disease and other health conditions are treated with the help of medical electrodes devices. It is also useful in the fields of general surgery, orthopedic surgery, cosmetic surgery, fetal monitoring, and cardiovascular surgery and so on.

 

Growing use of medical electrodes in the diagnosis of neurophysiological and cardiological disorders is one of the major factors driving the growth of the market. Growth in aged population results into the growth of various diseases which creates a need for early diagnosis and can be achieved with the use of medical electrodes which plays an essential part in valuable diagnosis and continuous monitoring, which in turn, to boost the medical electrodes market. Furthermore, increase in government initiatives towards improving the healthcare infrastructure along with the efforts taken by private organizations to modernize its healthcare infrastructure are also fuelling the market growth. On the contrary, issues related to biocompatibility with medical electrodes may hamper the growth of the market. In terms of geographies, North America is anticipated to be the lucreative market for Medical Electrodes followed by Europe. Asia Pacific region is the fastest growing region in this market. In North America region factors such as growing demand for technologically medical devices high frequency of cardiovascular and neurological disorders, growing consciousness about the benefits of early disease diagnosis and increasing adoption of non-surgical diagnostic electrodes are driving the market growth. Furthermore, factors such as the improvement healthcare industry are boosting the growth in Europe region. Further, Asia Pacific region is driven by growing healthcare facilities with a large involvement of private sector companies, would help in the expansion of the market. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global medical electrodes market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global medical electrodes market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1579

 

The recent report identified that North America dominated the global medical electrodes market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the medical electrodes market worldwide.

 

The report segments the global medical electrodes market on the basis of product types and End-users.

 

Global Medical Electrodes Market by Product Types

·         Dry Electrodes

·         Wet Electrodes

·         Needle Electrodes

 

Global Medical Electrodes Market by End-users

·         Diagnostic Centers

·         Hospitals Medical

 

Companies Profiled in the Report

·         General Healthcare 

·         3M

·         Koninklijke Philips N.V.

·         Compumedics Limited

·         Medtronic plc.

·         Nihon Kohden Corporation

·         General Electric Company

·         Ambu A/S

·         Natus Medical Incorporated 

·         Leonhard Lang GmbH

 

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