Market Research Report
Medical Electrodes Market 2020-2026
|Published by||Orion Market Research Pvt Ltd||Product code||949546|
Delivery time: 2-3 business days
|Medical Electrodes Market 2020-2026|
|Published: June 8, 2020||Content info:||
Global Medical Electrodes Market Size, Share & Trends Analysis Report by Usability (Disposable Medical Electrodes and Reusable Medical Electrodes), by Product Type (Microelectrodes, Needle Electrodes, and Body Surface Electrodes), by Modality Type (Electrocardiography (ECG), Electroencephalography (EEG), Electromyography (EMG), and Others), and by Application (Cardiology, Neurophysiology, Sleep Disorders, Muscle Disorders, and Others) and Forecast 2020-2026
The global medical electrodes market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising prevalence of CVD neurological disorders across the globe. The medical electrodes market is classified on the basis of usability, product type, modality type, and application. Based on usability, the market is bifurcated into disposable medical electrodes and reusable medical electrodes. Based on product type, the market is segmented into microelectrodes, needle electrodes, and body surface electrodes. Based on modality type, the market is segmented into electrocardiography (ECG), electroencephalography (EEG), electromyography (EMG), and others. Based on application, the market is segregated into cardiology, neurophysiology, sleep disorders, muscle disorders, and others. Among these applications, the cardiology segment contributes majorly in the growth of the medical electrodes market, owing to the significant prevalence of CVD across the globe.
Geographically, the global medical electrodes market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to contribute a significant share in the global market. The US with a highly matured and technologically advanced healthcare infrastructure, contributes considerably in the medical electrodes market. The US has a high spending on healthcare R&D andincreasing prevalence of CVD, which in turn, offers growth to the medical electrodes market in North America. In addition, Asia-Pacific is expected to project a considerable growth during the forecast period. This growth is backed by the rising population leading to the rise in geriatric population and continuous growth in the CVD and neurological disordersin the region, especially in India, China, South Korea, and Japan.
The global medical electrodesmarket is influenced by product development and advancements conducted by the market players. The key players of the medical electrodesmarket include3M Co., Koninklijke Philips N.V., Medtronic PLC, CONMED Corp., General Electric Co., Ambu A/S, Nihon Kohden Corp., Compumedics Ltd., and Cognionics, Inc.These players are playing a significant role in the growth of the medical electrodesmarket by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
The market study of the globalmedical electrodesmarket is incorporated by extensive primary and secondary research conducted by the research team.Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast,and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report,the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting properprimary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders,and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
The Report Covers: