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The cardiology electrodes market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
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Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Cardiac Ablation Market by Product and Geography - Forecast and Analysis 2021-2025
Top 3 Cardiology Electrodes Market Players:
3M Co.
The company operates in key business segments including Safety and Industrial, Transportation and Electronics, Healthcare, Consumer, and Corporate and Unallocated segments. The company offers cardiology electrodes under the brand, 3M Red Dot.
Ambu AS
The company offers products and services through different business segments including Visualisation, Anaesthesia, and Patient Monitoring & Diagnostics. The company offers cardiology electrodes under the brand, Ambu BlueSensor.
Bio-Protech Inc.
The company offers various products including smoke evacuators, ECG electrodes, SpO2 sensors, and others. In addition, the company offers ECG electrodes called Telectrodes, which are used for various ECG tests.
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Cardiology Electrodes Market 2021-2025: Segmentation
Cardiology electrodes market is segmented as below:
- Product
- Resting ECG Electrodes
- Short-term Monitoring ECG Electrodes
- Long-term Monitoring ECG Electrodes
- Stress Test ECG Electrodes
- Neonatal ECG Electrodes
- Geography
- Europe
- North America
- Asia
- ROW
The cardiology electrodes market is driven by the increasing prevalence and awareness of CVDs coupled with various technological advances. In addition, other factors such as increasing demand for disposable electrodes, the surging emergence of handheld, wireless, and remote monitoring ECG devices, and gradually rising focus on emerging countries are expected to trigger the cardiology electrodes market toward witnessing a CAGR of over almost 4.52% during the forecast period.
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