ECG Cables and Lead Wires Market Value to reach US$ 4.0 Bn by 2031, as per TMR Report

In 2022, the global industry was valued at US$ 2.2 billion. It is forecasted to grow at a Compound Annual Growth Rate (CAGR) of 6.70% from 2023 to 2031, surpassing US$ 4.0 billion by the end of 2031.

The global ECG cables and lead wires market is poised for growth due to the increasing prevalence of cardiovascular diseases worldwide. The adoption of telemedicine and remote patient monitoring systems is on the rise, necessitating reliable and high-quality ECG cables and lead wires to transmit accurate patient data to healthcare providers. Additionally, the surge in healthcare spending and growing awareness about cardiovascular diseases are contributing to the industry's advancement.

𝐀𝐜𝐪𝐮𝐢𝐫𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅:
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𝐄𝐂𝐆 𝐂𝐚𝐛𝐥𝐞𝐬 𝐚𝐧𝐝 𝐋𝐞𝐚𝐝 𝐖𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

An electrocardiogram (ECG) is a diagnostic test that measures the heart's electrical activity. The ECG machine records this activity, displaying it as waves and complexes on a graph. ECG cables and lead wires connect the patient to the ECG monitor, with the cable linking the machine to the chest electrodes and the lead wires connecting the electrodes to the cable.

These components are crucial for transmitting the heart's electrical signals to the ECG monitor. Ensuring high-quality cables and lead wires, properly connected, is essential for accurate and reliable ECG recordings.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

Cardinal Health, Inc., 3M Company, GE Healthcare, Koninklijke Philips NV, Abbott Laboratories, Boston Scientific Corporation, CONMED Corporation, Mindray Medical International Limited, Welch Allyn, Inc., Medtronic, Cables and Sensors, Curbell Medical Products, Inc.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

Material

Thermoplastic Polyurethane (TPU)
Thermoplastic Elastomer (TPE)
Others (silicone, PVC)

Usability

Disposable
Reusable

Machine Type

Single-lead ECG Leadwires
3-lead ECG Leadwires
S-lead ECG Leadwires
6-lead ECG Leadwires
12-lead ECG Leadwires
Others (15- and 18-lead ECG leadwires)

Patient Care Setting

Hospitals
Clinics
Long Term Care Facilities
Ambulatory & Home Care

𝐀 𝐬𝐮𝐫𝐠𝐞 𝐢𝐧 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐓𝐏𝐔-𝐛𝐚𝐬𝐞𝐝 𝐄𝐂𝐆 𝐂𝐚𝐛𝐥𝐞𝐬 𝐚𝐧𝐝 𝐋𝐞𝐚𝐝 𝐖𝐢𝐫𝐞𝐬

In 2022, the global ECG cables and lead wires industry saw the thermoplastic polyurethane (TPU) segment emerge as the dominant material. TPU's popularity stems from its exceptional blend of traits including flexibility, durability, chemical and abrasion resistance, as well as biocompatibility, rendering it ideal for medical device use.

The demand for TPU-based ECG cables and lead wires has surged recently, driven by the adoption of advanced medical technologies and the need for sturdier, more dependable devices. These cables and lead wires are favored in applications requiring high flexibility and low friction, such as wearable medical devices.

𝐆𝐫𝐚𝐛 𝐘𝐨𝐮𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲:
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𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:

In May 2021, 3M launched a new line of ECG electrodes and ECG lead wires called 3M Red Dot Diagnostic Monitoring Electrodes and Lead Wires. The products are designed to provide high-quality ECG monitoring with enhanced patient comfort.

In August 2020, Medtronic announced the launch of its new CardioGuide Implant System, which includes ECG lead wires and other tools for implanting cardiac devices. The system is designed to improve accuracy and reduce procedure time for implantable devices.

In January 2020, Cables and Sensors launched a new line of reusable ECG lead wires, designed to be more durable and cost-effective than traditional disposable lead wires

In September 2019, Philips launched its new IntelliVue X3 transport monitor, which includes advanced ECG cables and lead wires. The monitor is designed for use in hospital transport settings and provides real-time patient monitoring during transport.

𝐑𝐞𝐠𝐢𝐨𝐧𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝:

North America(USA, Canada and Mexico)
Europe(UK, Germany, France and the Rest of Europe)
Asia Pacific(China, Japan, India, and the Rest of the Asia Pacific region)
South America(Brazil, Argentina and the Rest of South America)
Middle East and Africa(GCC and Rest of the Middle East and Africa)

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲 𝐏𝐨𝐢𝐧𝐭𝐬:

-Market size and growth projections.
-Segmentation analysis based on various parameters.
-Regional dynamics and growth opportunities.
-Market drivers, challenges, and trends.
-Future outlook and potential market opportunities.

𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐌𝐑:

𝐎𝐟𝐟-𝐭𝐡𝐞-𝐫𝐨𝐚𝐝 (𝐎𝐓𝐑) 𝐓𝐢𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/03/09/2624522/0/en/Off-the-road-OTR-Tire-Market-to-Reach-US-3-9-Bn-by-2031-TMR-Study.html

𝐄𝐦𝐞𝐫𝐠𝐞𝐧𝐜𝐲 𝐒𝐭𝐨𝐩 𝐒𝐰𝐢𝐭𝐜𝐡𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/news-release/2023/03/09/2624435/0/en/Emergency-Stop-Switches-Market-to-Grow-at-a-CAGR-of-6-4-during-the-Forecast-Period-2022-TMR-Study.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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This release was published on openPR.