Jun, 2019 Medical Devices & Consumables
Global Diagnostic Electrodes Market Insights, Forecast to 2025
Category by- Medical Devices & Consumables , No. of Pages - 110, Published By - Global QYResearch
Electrodes are electrical conductors that can pass energy signals from a power source to a device or a material. Electrodes are made from metals such as zinc, manganese oxide, copper, silver, cadmium, nickel, and others. Electrodes are electrochemical cells that are either called anode or cathode. In an anode, the electron leaves the cell and oxidation occurs. In a cathode, the electrons enter the cell and reduction occurs. In healthcare, electrodes assist in the diagnosis and treatment of several chronic diseases.
According to the center for disease control and prevention (CDC), about 4% of the population in the US acquire hospital-acquired infections annually and nearly 99,000 people die in the country. This drives the need for disposable electrodes because they reduce the risks of cross contamination. Also, these electrodes require less duration for sterilization since they are low maintenance electrodes. Physicians highly prefer these electrodes because, they reduce the duration for skin preparation during emergencies. These benefits encourage vendors to invest more in research and developmental activities to develop better medical electrodes. Rhythmlink has already introduced disposable MR-conditional EEG cup electrodes that offer better patient outcome and increases the system's safety and efficiency.
The diagnostic electrodes market is characterized by the presence of numerous global, regional, and local vendors. These vendors are increasingly competing against each other based on factors such as competitive pricing, product differentiation, e-retailing, and strong distribution channels. Vendors are increasingly taking efforts to improve their market presence and remain competitive in the market by forming various strategies including investments in R&D activities, partnerships, and increasing e-commerce websites for the distribution of diagnostic electrodes.
The diagnostic electrodes market is witnessing significant growth in the Americas due to the rising incidence of cardiovascular diseases (CVD) such as arrhythmias and obesity problems. The market will continue to grow in this region throughout the predicted period due to the availability of favorable medical reimbursements and the presence of experienced and skilled professionals. Owing to the improved hospital infrastructure, the US is the major contributor for the diagnostic electrodes market in the Americas.
The global Diagnostic Electrodes market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Diagnostic Electrodes market based on company, product type, end user and key regions.
This report studies the global market size of Diagnostic Electrodes in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Diagnostic Electrodes in these regions.
This research report categorizes the global Diagnostic Electrodes market by top players/brands, region, type and end user. This report also studies the global Diagnostic Electrodes market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
3M
Ambu
Medtronic
BD
Graphic Controls
Leonhard Lang
Natus Medical
QRS Diagnostic
Rocket Medical
Market size by Product
ECG
EMG
EEG
Neonatal and fetal scalp
ENG
Market size by End User
Hospitals and clinics
Ambulatory surgical clinics (ASCs)
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Diagnostic Electrodes market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Diagnostic Electrodes market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Diagnostic Electrodes companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Diagnostic Electrodes submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Diagnostic Electrodes are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Diagnostic Electrodes market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
According to the center for disease control and prevention (CDC), about 4% of the population in the US acquire hospital-acquired infections annually and nearly 99,000 people die in the country. This drives the need for disposable electrodes because they reduce the risks of cross contamination. Also, these electrodes require less duration for sterilization since they are low maintenance electrodes. Physicians highly prefer these electrodes because, they reduce the duration for skin preparation during emergencies. These benefits encourage vendors to invest more in research and developmental activities to develop better medical electrodes. Rhythmlink has already introduced disposable MR-conditional EEG cup electrodes that offer better patient outcome and increases the system's safety and efficiency.
The diagnostic electrodes market is characterized by the presence of numerous global, regional, and local vendors. These vendors are increasingly competing against each other based on factors such as competitive pricing, product differentiation, e-retailing, and strong distribution channels. Vendors are increasingly taking efforts to improve their market presence and remain competitive in the market by forming various strategies including investments in R&D activities, partnerships, and increasing e-commerce websites for the distribution of diagnostic electrodes.
The diagnostic electrodes market is witnessing significant growth in the Americas due to the rising incidence of cardiovascular diseases (CVD) such as arrhythmias and obesity problems. The market will continue to grow in this region throughout the predicted period due to the availability of favorable medical reimbursements and the presence of experienced and skilled professionals. Owing to the improved hospital infrastructure, the US is the major contributor for the diagnostic electrodes market in the Americas.
The global Diagnostic Electrodes market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Diagnostic Electrodes market based on company, product type, end user and key regions.
This report studies the global market size of Diagnostic Electrodes in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Diagnostic Electrodes in these regions.
This research report categorizes the global Diagnostic Electrodes market by top players/brands, region, type and end user. This report also studies the global Diagnostic Electrodes market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
3M
Ambu
Medtronic
BD
Graphic Controls
Leonhard Lang
Natus Medical
QRS Diagnostic
Rocket Medical
Market size by Product
ECG
EMG
EEG
Neonatal and fetal scalp
ENG
Market size by End User
Hospitals and clinics
Ambulatory surgical clinics (ASCs)
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Diagnostic Electrodes market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Diagnostic Electrodes market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Diagnostic Electrodes companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Diagnostic Electrodes submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Diagnostic Electrodes are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Diagnostic Electrodes market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.