Technologically Advanced Disposable LWs Is Anticipated To Drive Disposable Lead Wires Market Growth Till 2025: Grand View Research,Inc.
The global disposable lead wires market is expected to reach
USD 999.4 million by 2025, according to a new study by Grand View Research,
Inc. Rising incidence of hospital-acquired infections (HAIs) is the key driving
factor for the market growth. The reusable lead wires are the major cause of
the hospital-acquired bloodstream infections. Use of disposable lead wires
eliminates the risk of cross-contamination. In addition, it reduces the cost
associated with the HAIs. The aforementioned benefits are presumed to boost the
usage rates over the forecast period.
Moreover, rising number of
government initiatives to promote the incorporation of patient safety
procedures in hospital settings is presumed to drive the overall market growth
during the forecast period. Furthermore, an introduction of technologically
advanced disposable LWs is anticipated to drive the market growth over the
forecast period. For instance, advanced disposable ECG-LWs with patented
push-button design have superior capabilities in reducing alarms that are
created by a failure of leads and absence of telemetry. These above-mentioned
factors are anticipated to fuel the market growth.
Browse full research report on Disposable Lead Wires
Market: http://www.grandviewresearch.com/industry-analysis/disposable-lead-wires-market
Further Key Findings From
The Study Suggest:
- Thermoplastic Elastomer (TPE) is expected to witness
lucrative growth over the forecast period, owing to the rising adoption to
reduce infection rates in healthcare facilities
- The advantages of TPE over other materials like PVC
and rubber latex such as providing better flexibility, ease of processing
enables high performance in a variety of application
- The demand of the 5-lead machine type is expected to
increase in coming years owing to the surge in demand for cost effective
equipment in critical care settings
- Ambulatory care centers are presumed to witness an
exponential growth throughout the forecast period. This can be attributed
to the rising significance of disposable LWs in patient monitoring
- North America accounted for the largest share of
disposable lead wires market owing to the rising mortality rates
pertaining to heart diseases
- Asia Pacific anticipated to witness lucrative growth
as a result of unmet patient needs, rising healthcare expenditure and
establishment by major global players is expected to drive segment growth
during the forecast period
- The key players are involved in strategic alliances
to sustain the competition, such as merger & acquisitions, strategic
partnerships, and geographic expansion
- For instance, in February 2016, the company announced
acquisition of Bellco from private equity firm Charme Capital Partners in
a probe to business expansion
Browse more reports of this category by Grand View
Research : http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the disposable lead wires
market on the basis of material, machine type, end-use, and region:
Disposable Lead Wires Material Outlook (Revenue, USD
Million, 2014 - 2025)
- TPE
- TPU
- Others
Disposable Lead Wires Machine Type Outlook (Revenue, USD
Million, 2014 - 2025)
- 3 Lead
- 5 Lead
- Others
Disposable Lead Wires End-Use Outlook (Revenue, USD
Million, 2014 - 2025)
- Hospitals
- Clinics
- Long
Term Facilities
- Ambulatory
& Home Care Settings
Disposable Lead Wires Regional Outlook (Revenue, USD
Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- India
- Latin
America
- Mexico
- Brazil
- MEA
- South
Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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