This report studies the Diagnostic Electrodes market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Electrodes are electrical conductors that can pass energy signals from a power source to a device or a material. Electrodes are made from metals such as zinc, manganese oxide, copper, silver, cadmium, nickel, and others. Electrodes are electrochemical cells that are either called anode or cathode. In an anode, the electron leaves the cell and oxidation occurs. In a cathode, the electrons enter the cell and reduction occurs. In healthcare, electrodes assist in the diagnosis and treatment of several chronic diseases.
According to the center for disease control and prevention (CDC), about 4% of the population in the US acquire hospital-acquired infections annually and nearly 99,000 people die in the country. This drives the need for disposable electrodes because they reduce the risks of cross contamination. Also, these electrodes require less duration for sterilization since they are low maintenance electrodes. Physicians highly prefer these electrodes because, they reduce the duration for skin preparation during emergencies. These benefits encourage vendors to invest more in research and developmental activities to develop better medical electrodes. Rhythmlink has already introduced disposable MR-conditional EEG cup electrodes that offer better patient outcome and increases the system's safety and efficiency.
The diagnostic electrodes market is characterized by the presence of numerous global, regional, and local vendors. These vendors are increasingly competing against each other based on factors such as competitive pricing, product differentiation, e-retailing, and strong distribution channels. Vendors are increasingly taking efforts to improve their market presence and remain competitive in the market by forming various strategies including investments in R&D activities, partnerships, and increasing e-commerce websites for the distribution of diagnostic electrodes.
The diagnostic electrodes market is witnessing significant growth in the Americas due to the rising incidence of cardiovascular diseases (CVD) such as arrhythmias and obesity problems. The market will continue to grow in this region throughout the predicted period due to the availability of favorable medical reimbursements and the presence of experienced and skilled professionals. Owing to the improved hospital infrastructure, the US is the major contributor for the diagnostic electrodes market in the Americas.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Diagnostic Electrodes in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
3M
Ambu
Medtronic
BD
Graphic Controls
Leonhard Lang
Natus Medical
QRS Diagnostic
Rocket Medical
By the product type, the market is primarily split into
ECG
EMG
EEG
Neonatal and fetal scalp
ENG
By the end users/application, this report covers the following segments
Hospitals and clinics
Ambulatory surgical clinics (ASCs)
The study objectives of this report are:
To study and analyze the global Diagnostic Electrodes market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Diagnostic Electrodes market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Diagnostic Electrodes manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Diagnostic Electrodes with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Diagnostic Electrodes submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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