Press Release

Medical Electrodes Market to Gain Momentum from Regulatory Approvals from Healthcare Organizations such as FDA: Fortune Business Insights™

Medical Electrodes Market Size| 2021 Covid-19 Impact On Healthcare Industry Global Analysis By Size, Trends, Growth, Share, Business, Key Players And Regional Forecast latest study published by Fortune Business Insights. The global “Medical Electrodes Market” is prophesied to reach USD 822.13 million by 2027 on account of the rising prevalence of cardiovascular diseases worldwide. Medical electrodes are used for transferring energy of ionic currents in the body into electrical currents that can be utilized for studying, and amplifying and further utilized for diagnosis of a disease.

A recently published report by Fortune Business Insights offers an elaborate overview of the market and its growth parameters. According to the report titled, “Medical Electrodes Market Size, Share & Industry Analysis, By Product (Wet Electrodes, Dry Electrodes, Needle Electrodes), By Application (Cardiology, Neurophysiology, Others) By Usage (Disposable Medical Electrodes, Reusable Medical Electrodes) By End User (Hospitals & Ambulatory Surgery Centers (ASCs), Specialty Clinics & Diagnostics Centers) and Regional Forecast, 2020-2027,” the market stood at USD 609.76 million in 2019 and will exhibit a CAGR of 3.9% during the forecast period, 2020 to 2027.

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Global Medical Electrodes Market Highlights:

The Medical Electrodes Market report offers an in-depth analysis of the Medical Electrodes industry and the demand drivers by highlighting information on several aspects of the market. Prudent Markets addresses all these aspects and provides the latest scoop and detailed eye-opening study on all major & emerging business segments. In addition to this, the report sheds light on the industry developments by key players, which are contributing to the expansion of this industry. The development scope, feasibility study, Medical Electrodes market concentration, and maturity analysis is elaborated in this report.

Information given in the research report pertains to different technological advancements introduced in recent years, which allows for a meticulous analysis of the industry and offers a more comprehensive understanding to the readers.

The outbreak of covid-19 in the global market has made companies uncertain about their future scenario as the prolonged lock-down finds a serious economic slump. The latest survey on COVID-19 Outbreak-Global Medical Electrodes Market is conducted to provide hidden gems performance analysis. Essential growth factors and study of Basis points [BPS] have been discussed in the following report. Research Report explains a detailed overview of market dynamics, segmentation, product portfolio, business plans, and the latest development in the industry.

Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for Medical Electrodes market to figure out and study the market’s needs, market size, and competition.

Click here to get the short-term and long-term impact of COVID-19 on this Medical Electrodes Market. Please visit: https://www.fortunebusinessinsights.com/medical-electrodes-market-102729

Market Drivers

Rising Prevalence of Neurological Disorders will Add Impetus to Market

The rising prevalence of cardio and neurological disorders are the key medical electrodes market growth drivers. Additionally, government support from various nations in the form of regulatory scenario, and reimbursement policies will also help promote the growth of the market in the long run. On the contrary, factors such as lack of awareness about associated technological advancements and benefits of these devices may cause hindrance to the overall growth of the market.

Key Players Operating in The Medical Electrodes Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

  • Ambu
  • Cardinal Health
  • Braun
  • KLS Martin
  • Medico Electrodes International Limited
  • 3M
  • Conmed Corporation
  • Zoll Medical
  • Vermed
  • Ad-Tech Medical
  • ETHICON (Johnson & Johnson)
  • Other Players

Highlights of the Report:

  • In-depth analysis of various insights, namely, Medical Electrodes Market trends, growth drivers, opportunities, and other related challenges.
  • Comprehensive details of key market players, their core competencies, and Medical Electrodes Market share.
  • The potency of suppliers and buyers to make better business decisions.
  • Lists out the market size in terms of volume.

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Increasing Reimbursement Policies and Better Healthcare Facilities will Help North America Dominate Market

Regionally, North America earned a revenue of USD 280.46 million in 2019 and emerged dominant. Factors responsible for this growth include the rise in government initiatives for enhancing the healthcare sector and medical facilities in the region, coupled with the reimbursement policies and flexible regulatory scenario. On the other side, the Asia Pacific market will rise at a rapid CAGR in the forecast period on account of rising penetration of new vendors into the regional market, coupled with the rise in expenditure on healthcare infrastructure and equipment development in the emerging economies such as India, China, and others. Furthermore, the increasing prevalence of chronic diseases that ails efficient diagnosis such as neurological disorders and cardiac issues will help Latin America and the Middle East and Africa markets witness stable growth.

Competitive Landscape

Fragmented Nature of Market will Intensify Competition

The market for medical electrodes is fragmented in nature due to the presence of many vendors. Players are engaged in offering an extensive portfolio for gaining a competitive edge in the market. They are also engaging in merger and acquisition, joint ventures, contracts and agreements, and other collaborative efforts to attract high revenue to the market during the forecast period. Furthermore, players are investing heavily in the development and manufacturing of new products to get regulatory approvals, thereby attaining the top position in the market competition.

Major Industry Developments of the Market include:

May 2018 – FDA approved the first dry electrode, wireless headset by Zeto Inc., namely zEEG for utilization in a clinical setting. The zEEG offers remote interpretation, instant uploads, and tools for analysis by neurologists as it is backed by a cloud platform

September 2019 – Megadyne Mega Soft was launched by Ethicon, a part of the Johnson & Johnson company to strengthen the portfolio of reusable patient return electrodes that are utilized for over a million procedures worldwide. The launch of this novel product is likely to help the company earn higher revenue in the future years.

Report Focus:

  • Extensive product offerings
  • Customer research services
  • Robust research methodology
  • Comprehensive reports
  • Latest technological developments
  • Value chain analysis
  • Potential Medical Electrodes Market opportunities
  • Growth dynamics
  • Quality assurance
  • Post-sales support
  • Regular report updates

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Table of Content:

1 Medical Electrodes Market Overview

1.1 Medical Electrodes Product Overview

1.2 Medical Electrodes Market Segment by Type

1.3 Global Medical Electrodes Market Size by Type (2015-2027)

1.3.1 Global Medical Electrodes Market Size Overview by Type (2015-2027)

1.3.2 Global Medical Electrodes Historic Market Size Review by Type (2015-2021)

1.3.2.1 Global Medical Electrodes Sales Market Share Breakdown by Type (2015-2027)

1.3.2.2 Global Medical Electrodes Market Share Breakdown by Type (2015-2027)

1.3.2.3 Global Medical Electrodes Average Selling Price (ASP) by Type (2015-2027)

1.3.3 Global Medical Electrodes Market Size Forecast by Type (2021-2027)

1.3.3.1 Global Medical Electrodes Sales Market Share Breakdown by Application (2021-2027)

1.3.3.2 Global Medical Electrodes Revenue Market Share Breakdown by Application (2021-2027)

1.3.3.3 Global Medical Electrodes Average Selling Price (ASP) by Application (2021-2027)

1.4 Key Regions Market Size Segment by Type (2015-2021)

1.4.1 North America Medical Electrodes Sales Breakdown by Type (2015-2027)

1.4.2 Europe Medical Electrodes Sales Breakdown by Type (2015-2027)

1.4.3 Asia-Pacific Medical Electrodes Sales Breakdown by Type (2015-2027)

1.4.4 Latin America Medical Electrodes Sales Breakdown by Type (2015-2027)

1.4.5 Middle East and Africa Medical Electrodes Sales Breakdown by Type (2015-2027)

2 Global Medical Electrodes Market Competition by Company

2.1 Global Top Players by Medical Electrodes Sales (2015-2021)

2.2 Global Top Players by Medical Electrodes Revenue (2015-2021)

2.3 Global Top Players Medical Electrodes Average Selling Price (ASP) (2015-2021)

2.4 Global Top Company Medical Electrodes Manufacturing Base Distribution, Sales Area, Product Type

2.5 Medical Electrodes Market Competitive Situation and Trends

2.5.1 Medical Electrodes Market Growth Rate (2015-2021)

2.5.2 Global 5 and 10 Largest Company by Medical Electrodes Sales and Revenue in 2019

2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Medical Electrodes as of 2019)

2.7 Date of Key Company Enter into Medical Electrodes Market

2.8 Key Company Medical Electrodes Product Offered

2.9 Mergers and Acquisitions, Expansion

3 Global Medical Electrodes Status and Outlook by Region (2015-2027)

3.1 Global Medical Electrodes Market Size and CAGR by Region: 2015 VS 2021 VS 2027

3.2 Global Medical Electrodes Market Size Market Share by Region (2015-2021)

3.2.1 Global Medical Electrodes Sales Market Share by Region (2015-2021)

3.2.2 Global Medical Electrodes Revenue Market Share by Region (2015-2021)

3.2.3 Global Medical Electrodes Sales, Revenue, Price and Gross Margin (2015-2021)

3.3 Global Medical Electrodes Market Size Market Share by Region (2021-2027)

3.3.1 Global Medical Electrodes Sales Market Share by Region (2021-2027)

3.3.2 Global Medical Electrodes Revenue Market Share by Region (2021-2027)

3.3.3 Global Medical Electrodes Sales, Revenue, Price and Gross Margin (2021-2027)

3.4 North America Medical Electrodes Market Size By Growth (2015-2027)

3.4.1 North America Medical Electrodes Revenue By Growth (2015-2027)

3.4.2 North America Medical Electrodes Sales By Growth (2015-2027)

3.5 Asia-Pacific Medical Electrodes Market Size By Growth (2015-2027)

3.5.1 Asia-Pacific Medical Electrodes Revenue By Growth (2015-2027)

3.5.2 Asia-Pacific Medical Electrodes Sales By Growth (2015-2027)

3.6 Europe Medical Electrodes Market Size By Growth (2015-2027)

3.6.1 Europe Medical Electrodes Revenue By Growth (2015-2027)

3.6.2 Europe Medical Electrodes Sales By Growth (2015-2027)

3.7 Latin America Medical Electrodes Market Size By Growth (2015-2027)

3.7.1 Latin America Medical Electrodes Revenue By Growth (2015-2027)

3.7.2 Latin America Medical Electrodes Sales By Growth (2015-2027)

3.8 Middle East and Africa Medical Electrodes Market Size By Growth (2015-2027)

3.8.1 Middle East and Africa Medical Electrodes Revenue By Growth (2015-2027)

3.8.2 Middle East and Africa Medical Electrodes Sales By Growth (2015-2027)

4 Global Medical Electrodes by Application

4.1 Medical Electrodes Segment by Application

4.1.1 Residential

4.1.2 Commercial

4.2 Global Medical Electrodes Sales by Application: 2015 VS 2021 VS 2027

4.3 Global Medical Electrodes Historic Sales by Application (2015-2021)

4.4 Global Medical Electrodes Forecasted Sales by Application (2021-2027)

4.5 Key Regions Medical Electrodes Market Size by Application

4.5.1 North America Medical Electrodes by Application

4.5.2 Europe Medical Electrodes by Application

4.5.3 Asia-Pacific Medical Electrodes by Application

4.5.4 Latin America Medical Electrodes by Application

4.5.5 Middle East and Africa Medical Electrodes by Application

5 North America Medical Electrodes Market Size by Country (2015-2027)

5.1 North America Market Size Market Share by Country (2015-2021)

5.1.1 North America Medical Electrodes Sales Market Share by Country (2015-2021)

5.1.2 North America Medical Electrodes Revenue Market Share by Country (2015-2021)

5.2 North America Market Size Market Share by Country (2021-2027)

5.2.1 North America Medical Electrodes Sales Market Share by Country (2021-2027)

5.2.2 North America Medical Electrodes Revenue Market Share by Country (2021-2027)

5.3 North America Market Size By Growth by Country

5.3.1 U.S. Medical Electrodes Market Size By Growth (2015-2027)

5.3.2 Canada Medical Electrodes Market Size By Growth (2015-2027)

6 Europe Medical Electrodes Market Size by Country (2015-2027)

6.1 Europe Market Size Market Share by Country (2015-2021)

6.1.1 Europe Medical Electrodes Sales Market Share by Country (2015-2021)

6.1.2 Europe Medical Electrodes Revenue Market Share by Country (2015-2021)

6.2 Europe Market Size Market Share by Country (2021-2027)

6.2.1 Europe Medical Electrodes Sales Market Share by Country (2021-2027)

6.2.2 Europe Medical Electrodes Revenue Market Share by Country (2021-2027)

6.3 Europe Market Size By Growth by Country

6.3.1 Germany Medical Electrodes Market Size By Growth (2015-2027)

6.3.2 France Medical Electrodes Market Size By Growth (2015-2027)

6.3.3 U.K. Medical Electrodes Market Size By Growth (2015-2027)

6.3.4 Italy Medical Electrodes Market Size By Growth (2015-2027)

6.3.5 Russia Medical Electrodes Market Size By Growth (2015-2027)

7 Asia-Pacific Medical Electrodes Market Size by Country (2015-2027)

7.1 Asia-Pacific Market Size Market Share by Country (2015-2021)

7.1.1 Asia-Pacific Medical Electrodes Sales Market Share by Country (2015-2021)

7.1.2 Asia-Pacific Medical Electrodes Revenue Market Share by Country (2015-2021)

7.2 Asia-Pacific Market Size Market Share by Country (2021-2027)

7.2.1 Asia-Pacific Medical Electrodes Sales Market Share by Country (2021-2027)

7.2.2 Asia-Pacific Medical Electrodes Revenue Market Share by Country (2021-2027)

7.3 Asia-Pacific Market Size By Growth by Country

7.3.1 China Medical Electrodes Market Size By Growth (2015-2027)

7.3.2 Japan Medical Electrodes Market Size By Growth (2015-2027)

7.3.3 South Korea Medical Electrodes Market Size By Growth (2015-2027)

7.3.4 India Medical Electrodes Market Size By Growth (2015-2027)

7.3.5 Australia Medical Electrodes Market Size By Growth (2015-2027)

7.3.6 Taiwan Medical Electrodes Market Size By Growth (2015-2027)

7.3.7 Indonesia Medical Electrodes Market Size By Growth (2015-2027)

7.3.8 Thailand Medical Electrodes Market Size By Growth (2015-2027)

7.3.9 Malaysia Medical Electrodes Market Size By Growth (2015-2027)

7.3.10 Philippines Medical Electrodes Market Size By Growth (2015-2027)

Toc Continue…

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