Next-Generation Wearable Technologies In Medical Electrode To Boost The Medical Electrode Market
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The diseases and health conditions treated with help of medical electrodes devices include Alzheimer’s disease, Parkinson’s disease, body ache, and sinusitis. Medical electrodes can be applied to fields of general surgery, fetal monitoring, orthopedic surgery, cardiovascular surgery, cosmetic surgery, neurosurgery etc.
Increasing prevalence of cardiology and neurological diseases among the population drives growth of the global medical electrodes market.
According to The World Health Organization’s estimates in 2012, the global geriatric population was pegged at 901 million in 2015, which is expected to increase over 2 billion by 2050. Geriatric population is highly susceptible to various cardiology and neurological diseases, thus creating a need for early diagnosis which can be achieved using medical electrodes. Factors that propel growth of the market are exponential rise in population, higher disease prevalence, minimally invasive nature of the treatment, low costs associated with the treatment, compact and effective medical devices. Also, the use of nanotechnology for developing miniaturized electrodes, increased focus on investment, encouraging research and development, support from government and private organizations to ensure access to quality care for vulnerable population, develop healthcare workforce and focus on early diagnosis of diseases is expected to boost the global medical electrodes market.
The electrosurgical electrodes offers high precision in therapeutic electrodes segment, is expected to record highest growth rate.
Medical Electrodes Market - Top Key Vendors of Global Market
Key players operating the global medical electrodes market are 3M Company, CONMED, Koninklijke Philips N.V., Cooper Surgical Inc., Medtronic PLC and C. R. Bard Inc. Pepin. The other leading manufacturers in the market include Leonhard Lang GmbH, S&W Healthcare, Ad-Tech Medical Instrument Corporation, ZOLL Medical Corporation and Avery Dennison Corporation.
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The global medical electrodes market is segmented based on product type, modality, application and geography.
On the basis of product type,
On the basis of modality,
Motor Evoked Potentials (MEPs)
Brainstem Auditory Evoked Potentials (BAEPs)
On the basis of application,
Long-Term Monitoring ECG
Short-Term Monitoring ECG
Stress Test ECG
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