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.
In 2019, the market size of Diagnostic Electrodes is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Diagnostic Electrodes.
This report studies the global market size of Diagnostic Electrodes, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Diagnostic Electrodes production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
3M
Ambu
Medtronic
BD
Graphic Controls
Leonhard Lang
Natus Medical
QRS Diagnostic
Rocket Medical
Market Segment by Product Type
ECG
EMG
EEG
Neonatal and fetal scalp
ENG
Market Segment by Application
Hospitals and clinics
Ambulatory surgical clinics (ASCs)
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Diagnostic Electrodes status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Diagnostic Electrodes manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and 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
Summary:
Get latest Market Research Reports on Diagnostic Electrodes. Industry analysis & Market Report on Diagnostic Electrodes is a syndicated market report, published as Global (United States, European Union and China) Diagnostic Electrodes Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Diagnostic Electrodes market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.