Electrodes For Medical Devices Market Will Witness Growth Based On The Increasing Prevalence Of Chronic Till 2025:Grand View Research,inc.
The global electrodes for medical devices market is
expected to reach USD 2.0 billion by 2025, according to a new report by Grand
View Research, Inc. The market is anticipated to witness lucrative growth
during the forecast period, owing to increasing prevalence of chronic and other
diseases such as heart diseases, Parkinson’s Disease (PD), Alzheimer’s disease,
brain disorders, Trigeminal Neuralgia (TN or TGN), sinusitis, tinnitus,
Raynaud's disease, fibromyalgia, circulatory disturbances, gout, and body ache,
across the globe.
Minimally Invasive Surgery (MIS)
is one of the advancements in medical technology in which small incisions are
made in the body for laparoscopy, endoscopy, arthroscopy, and other surgical
procedures. This procedure is gaining popularity owing to faster recovery,
lesser postsurgical infections, pain, & major bleeding, reduced scarring,
and high accuracy benefits. In 2015, over 20.0 million Americans underwent MIS,
which is expected to assist in the growth of this vertical during the forecast
period.
Browse full research report on Electrodes For Medical
Devices Market: http://www.grandviewresearch.com/industry-analysis/electrodes-medical-devices-market
Further Key Findings From
the Study Suggest:
- The diagnostic segment held a profitable revenue
share in 2016 and is expected to grow at a significant rate over the
forecast period.
- Rising prevalence of heart diseases, fetal distress
syndrome, ocular diseases, and neurological disorders make extensive use
of Electrocardiogram (ECG), Electroencephalogram (EEG), electrosurgical,
and fetal scalp electrodes
- The therapeutic segment is anticipated to witness the
fastest growth over the forecast period due to widened use of medical
electrodes in aesthetic surgeries, RF ablation procedures, neurosurgical
procedures, and acute & chronic pain treatments
- Defibrillator and electrosurgical electrodes are
projected to hold substantial market share over the forecast period. This
can be attributed to the advanced development of wearable defibrillator
that constantly monitors the cardiac rhythms of the wearer and identifies
& notifies the user about the occurrence of any abnormality and helps
regain the normal heart functionality
- North America is expected to dominate the medical
electrodes market during the forecast period, owing to the rising
prevalence of CVDs, changing lifestyle of individuals, and presence of
target population in the U.S. and Canada. In addition, the presence of
advanced technologies with electrodes such as hydrogel and dry electrodes
in the region are expected to spur the medical electrodes market growth.
- Some of the key players in medical electrodes market
are 3M Healthcare; Boston Scientific Corporation; GE Healthcare; C.R Bard
Inc.; CONMED Corporation; Medtronic; Natus Medical Incorporated; Thermo
Fisher Scientific Inc.; Asahi Kasei Corporation; and Philips Healthcare
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented
the global electrodes for medical devices market on the basis of type and
region:
Electrodes For Medical Devices
Type Outlook (Revenue, USD Million, 2014 - 2025)
- Diagnostics
- Electrocardiogram (ECG)
- Electroencephalogram (EEG)
- Electromyogram (EMG)
- Electroretinogram (ERG)
- Fetal Scalp
- Other
- Therapeutics
- Pacemaker
- Transcutaneous Electrical Nerve Stimulator (TENS)
- Defibrillator
- Electrosurgical
- Other
Electrodes For Medical Devices
Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- Middle East and Africa (MEA)
- South Africa
Access Press Release
By Grand View Research: http://www.grandviewresearch.com/press-release/global-electrodes-medical-devices-market
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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