Global Electrodes for Medical Devices Report 2023-2030: Conducting Polymers Hold Promise as Effective Electrode Coating to Ease Implantation Procedure

DUBLIN, Aug. 28, 2023 /PRNewswire/ -- The "Electrodes for Medical Devices: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Electrodes for Medical Devices Market to Reach $2.2 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Electrodes for Medical Devices estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030.

ECG Electrodes, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$502.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the EEG / EMG / ENG Electrodes segment is readjusted to a revised 4.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $449.4 Million, While China is Forecast to Grow at 6.5% CAGR

The Electrodes for Medical Devices market in the U.S. is estimated at US$449.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$457 Million by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$292.9 Million by the year 2030.

MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Electrodes - An Integral Part of Most Medical Electronic Devices
• Recent Market Activity
• Current and Future Analysis
• Expanding Aging Population Spurs Demand
• Rising Disease Prevalence Fuels Market Growth
• Portable Devices Drive Growth
• Electrodes for Medical Devices - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

MARKET TRENDS & DRIVERS

• Growing Shift towards Single Use Electrodes
• Continued Use of Re-Usable Electrodes - A Cause of Concern
• Inefficiency of Cleaning Procedures - Studied and Validated
• Disposable Electrodes Help Stave Off HAIs
• Re-Use of Single Use Electrode - Not a Safe Proposition
• Wet Vs Dry Electrodes
• Electrodes with Hydrogels Gain Popularity
• Dry Electrodes Garner Significant Attention
• Ambulatory Healthcare Drives Interest in Dry Electrode Technology
• Dry Electrodes Overcome Short Circuit Issues in Arrays
• Hybrid Wet-Dry Electrodes to Address Concerns in Individual Technologies
• Nanotechnology to Enhance Functionality of Electrodes
• Conducting Polymers Hold Promise as Effective Electrode Coating to Ease Implantation Procedure
• Textile Electrodes - An Emerging Area of Interest
• Popularity of Ag/AgCl as Electrode Material
• Novel Electrode Backing Materials Enable Longer Application
• Platinum Gains Popularity as Electrode Material
• Trends in ECG Monitoring Electrodes
• Electrodes Play a Pivotal Role in Growing Sophistication of Cardiac Monitoring
• The Evolution of Electrode Materials in ECG
• Dry Electrodes for ECG Take Multiple Forms
• Demand for ECG Electrodes Continue to Rise
• Dry ECG Electrodes yet to Make a Mark in Clinical Settings
• A Focus on Issues Related to Use of Gel and Dry Electrodes in ECG
• Flexible Electrodes Overcome Drawbacks of Solid Electrodes
• Self-Adhesive Pads Gain Ground over Paddle Electrodes
• Need for Superior Electrode Technology in Premature Infants Monitoring
• New Graphene-Based Electrodes for ECG Shows Promise
• FEEP Promises to Address Conventional Issues with Non-Contact ECG Electrodes
• Silver Nanowire Dry Electrodes in Holter Monitors - New Research Work Shows Improved Holter's Efficiency
• Offset Electrodes Overcome Motion Artifacts
• Electrodes with Offset Studs Lose Appeal
• Development of Wearable, Patch Monitors - A Threat to ECG Electrodes
• Trends in EEG Electrodes
• Surface Electrodes - The Most Popular EEG Electrode Option
• Technological Advances in EEG Electrodes
• Technological Advances in EEG Electrodes
• Combination Material-Based EEG Electrodes - Most Common and Affordable
• Defibrillator Electrodes - A Perspective of Historical Design Evolution
• Disposable EEG Electrodes - Advantages and Disadvantages
• Growing Popularity of Non-Invasive Techniques to Hamper Prospects of Fetal Scalp Electrodes
• New, Less-Damaging Soft Electrodes Improve Diagnostic Outcomes in Brain Function
• Dissolvable Electrodes in Development for Brain Diagnosis
• New Miniature Ear-borne Electrodes Enable Unobtrusive EEG Recording
• Competitive Landscape
• Cardiac Electrodes Market Limited to Few Specialty Players
• Neurophysiology Segment Witnesses Consolidation

FOCUS ON SELECT PLAYERS (Total 16 Featured)

• 3M Company (US)
• Ambu A/S (Denmark)
• C.R Bard, Inc. (US)
• CONMED Corporation (US)
• Leonhard Lang GmbH (Austria)
• Medtronic Plc. (Ireland)
• Natus Medical Incorporated (US)
• Nikomed USA, Inc. (US)
• Philips Healthcare (The Netherlands)
• Prosurg, Inc. (US)
• Rhythmlink International, LLC (US)
• Utah Medical Products, Inc. (US)
• ZOLL Medical Corporation (US)

GLOBAL MARKET PERSPECTIVE

Segmented Analysis:

• The market analysis covers various product segments, such as ECG electrodes, TENS electrodes, defibrillator electrodes, pacemaker electrodes, and more.
• Each segment is analyzed for recent past, current, and future years, providing insights into sales patterns and projected growth.

Electrode Types and Categories:

• Different types of electrodes, including disposable, reusable, dry, wet, needle, and EEG/EMG/ENG electrodes, are analyzed individually.
• Sales data for these electrode categories is examined across geographic regions to identify trends and potential market drivers.

For more information about this report visit https://www.researchandmarkets.com/r/api0cd

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