Electrodes for Medical Devices Market is estimated to reach USD 1,451.2 million by 2019

A new Transparency Market Research report states that the global electrodes for medical devices market was pegged at US$633.6 mn in 2012 and is anticipated to reach US$1,451.2 mn by 2019, expanding at a CAGR of 11.70% from 2013 to 2019. The title of the report is “Electrodes for Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.”

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The Global Electrodes for Medical Devices Market is segmented on the basis of expression system, product type, application, region.

In terms of product type, the market is segmented into ECG, EMG, EEG, fetal scalp electrodes, ERG electrodes, and others. Amongst these, ECG electrodes are poised to lead the market with a CAGR of 3.0% from 2013 to 2019. The ECG electrodes segment will be trailed by the segment of fetal scalp electrodes in the forecast horizon.

Geographical landscape elucidates the market trends based on four major geographies namely North America, Europe, Asia-Pacific and Rest of the World (RoW). North America and Europe dominated the global electrodes for medical devices market and accounted for largest percentage of the total market accounting for more than 60% of the total market in the year 2012. This is attributed to the presence of technologically sophisticated medical devices that in turn supports the presence of technologically advanced electrodes along with continuous product modifications resulting in introduction of efficient electrodes such as dry electrodes and hydrogel electrodes having enhanced adhesion capability and better conduction features as compared to gel based electrodes.

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Summary of Table of Content:

1 Introduction
2 Executive Summary
3 Market Overview
4 Global Diagnostic Electrodes for Medical Devices Market, by Product Type
5 Global Therapeutic Electrodes for Medical Devices Market, by Product Type
6 Global Electrodes for Medical Devices Market, by Geography
7 Recommendations
8 Company Profiles

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About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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