PUBLISHER: IMARC | PRODUCT CODE: 1467649
PUBLISHER: IMARC | PRODUCT CODE: 1467649
Medical Electrodes Market Report by Electrode Type, Usability, Technology, Application, End User, and Region 2024-2032
The global medical electrodes market size reached US$ 1,264.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,766.2 Million by 2032, exhibiting a growth rate (CAGR) of 3.7% during 2024-2032.
A medical electrode is a solid electronic conductor that is used to transfer the ionic current in the body into electric current for biological measurements. It comprises a metal part, lead and an electrode conducting paste and assists in the diagnosis of various nervous, ocular, cardiac and muscular disorders. Depending upon the anatomical location, multiple medical electrodes are used to receive bio-signals such as Electrocardiogram (ECG), electroencephalogram (EEG) and Electromyogram (EMG). Medical professionals highly prefer these electrodes as they are affordable, disposable, sterilizable and easy to administer. Owing to these benefits, they find wide application in various orthopedic, cardiovascular, cosmetic and neurosurgeries in hospitals, diagnostic centers and medical research institutions.
The increasing prevalence of degenerative neurological and cardiological diseases, such as Parkinson's, Alzheimer's, fibromyalgia and various brain disorders, is a key driving factor for the market growth. Furthermore, the rising geriatric population that has created a need for early diagnosis of ailments is also increasing the demand for medical electrodes globally. Also, increasing investments and government support through favorable policies is catalyzing the growth of the market. Owing to these factors, there has been a significant increase in research and development (R&D) to ensure easy access to quality healthcare for the vulnerable population and developing healthcare infrastructure while making it affordable for all. Moreover, technological developments such as advancements in nanotechnology have enabled miniaturization of these electrodes and facilitated their application for various minimally invasive surgeries.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global medical electrodes market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on electrode type, usability, technology, application and end user.
Breakup by Electrode Type:
Diagnostic Electrodes
Electrocardiogram (ECG) Electrodes
Electromyogram (EMG) Electrodes
Electroencephalogram (EEG) Electrodes
Electronystagmogram (ENG) Electrodes
Neonatal Electrodes
Fetal Scalp Electrodes
Others
Therapeutic Electrodes
Defibrillator Electrodes
Electrosurgical Electrodes
Pacemaker Electrodes
Transcutaneous Electrical Nerve Stimulation (TENS) Electrodes
Others
Breakup by Usability:
Disposable Medical Electrodes
Reusable Medical Electrodes
Breakup by Technology:
Surface Electrodes
Needle Electrodes
Breakup by Application:
Cardiology
Neurophysiology
Sleep Disorders
Intraoperative Monitoring
Others
Breakup by End User:
Hospitals
Diagnostic Centers
Medical Research Institutions
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Medtronic PLC, CONMED, 3M Company, Koninklijke Philips N.V., Ambu A/S, Dymedix Diagnostics, Natus Medical Incorporated, Cognionics Inc., Cooper Surgical Inc., ZOLL Medical Corporation, C. R. Bard Inc., Rhythmlink International company, NeuroSky and GE Healthcare.
Key Questions Answered in This Report:
- How has the global medical electrodes market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global medical electrodes industry?
- What has been the impact of COVID-19 on the global medical electrodes industry?
- What is the breakup of the market based on the electrode type?
- What is the breakup of the market based on the usability?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the global medical electrodes industry?
- What are the key driving factors and challenges in the global medical electrodes industry?
- What is the structure of the global medical electrodes industry and who are the key players?
- What is the degree of competition in the global medical electrodes industry?
- What are the profit margins in the global medical electrodes industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Medical Electrodes Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Electrode Type
- 5.5 Market Breakup by Usability
- 5.6 Market Breakup by Technology
- 5.7 Market Breakup by Application
- 5.8 Market Breakup by End User
- 5.9 Market Breakup by Region
- 5.10 Market Forecast
6 Market Breakup by Electrode Type
- 6.1 Diagnostic Electrodes
- 6.1.1 Market Trends
- 6.1.2 Market Breakup by Type
- 6.1.2.1 Electrocardiogram (ECG) Electrodes
- 6.1.2.2 Electromyogram (EMG) Electrodes
- 6.1.2.3 Electroencephalogram (EEG) Electrodes
- 6.1.2.4 Electronystagmogram (ENG) Electrodes
- 6.1.2.5 Neonatal Electrodes
- 6.1.2.6 Fetal Scalp Electrodes
- 6.1.2.7 Others
- 6.1.3 Market Forecast
- 6.2 Therapeutic Electrodes
- 6.2.1 Market Trends
- 6.2.2 Market Breakup by Type
- 6.2.2.1 Defibrillator Electrodes
- 6.2.2.2 Electrosurgical Electrodes
- 6.2.2.3 Pacemaker Electrodes
- 6.2.2.4 Transcutaneous Electrical Nerve Stimulation (TENS) Electrodes
- 6.2.2.5 Others
- 6.2.3 Market Forecast
7 Market Breakup by Usability
- 7.1 Disposable Medical Electrodes
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Reusable Medical Electrodes
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Technology
- 8.1 Surface Electrodes
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Needle Electrodes
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Cardiology
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Neurophysiology
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Sleep Disorders
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Intraoperative Monitoring
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by End User
- 10.1 Hospitals
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Diagnostic Centers
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Medical Research Institutions
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Others
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Europe
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 11.3 Asia Pacific
- 11.3.1 Market Trends
- 11.3.2 Market Forecast
- 11.4 Middle East and Africa
- 11.4.1 Market Trends
- 11.4.2 Market Forecast
- 11.5 Latin America
- 11.5.1 Market Trends
- 11.5.2 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
- 15.1 Key Price Indicators
- 15.2 Price Structure
- 15.3 Margin Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Medtronic PLC
- 16.3.2 CONMED
- 16.3.3 3M Company
- 16.3.4 Koninklijke Philips N.V.
- 16.3.5 Ambu A/S
- 16.3.6 Dymedix Diagnostics
- 16.3.7 Natus Medical Incorporated
- 16.3.8 Cognionics Inc.
- 16.3.9 Cooper Surgical Inc.
- 16.3.10 ZOLL Medical Corporation
- 16.3.11 C. R. Bard Inc.
- 16.3.12 Rhythmlink International company
- 16.3.13 NeuroSky
- 16.3.14 GE Healthcare
List of Figures
- Figure 1: Global: Medical Electrodes Market: Major Drivers and Challenges
- Figure 2: Global: Medical Electrodes Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Medical Electrodes Market: Breakup by Electrode Type (in %), 2023
- Figure 4: Global: Medical Electrodes Market: Breakup by Usability (in %), 2023
- Figure 5: Global: Medical Electrodes Market: Breakup by Technology (in %), 2023
- Figure 6: Global: Medical Electrodes Market: Breakup by Application (in %), 2023
- Figure 7: Global: Medical Electrodes Market: Breakup by End User (in %), 2023
- Figure 8: Global: Medical Electrodes Market: Breakup by Region (in %), 2023
- Figure 9: Global: Medical Electrodes Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Medical Electrodes Industry: SWOT Analysis
- Figure 11: Global: Medical Electrodes Industry: Value Chain Analysis
- Figure 12: Global: Medical Electrodes Industry: Porter's Five Forces Analysis
- Figure 13: Global: Medical Electrodes (Diagnostic Electrodes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Medical Electrodes (Diagnostic Electrodes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Medical Electrodes (Therapeutic Electrodes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Medical Electrodes (Therapeutic Electrodes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Medical Electrodes (Disposable Medical Electrodes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Medical Electrodes (Disposable Medical Electrodes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Medical Electrodes (Reusable Medical Electrodes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Medical Electrodes (Reusable Medical Electrodes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Medical Electrodes (Surface Electrodes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Medical Electrodes (Surface Electrodes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Medical Electrodes (Needle Electrodes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Medical Electrodes (Needle Electrodes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Medical Electrodes (Cardiology) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Medical Electrodes (Cardiology) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Medical Electrodes (Neurophysiology) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Medical Electrodes (Neurophysiology) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Medical Electrodes (Sleep Disorders) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Medical Electrodes (Sleep Disorders) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Medical Electrodes (Intraoperative Monitoring) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Medical Electrodes (Intraoperative Monitoring) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Medical Electrodes (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Medical Electrodes (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Medical Electrodes (Hospitals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Medical Electrodes (Hospitals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: Medical Electrodes (Diagnostic Centers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: Medical Electrodes (Diagnostic Centers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Global: Medical Electrodes (Medical Research Institutions) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Global: Medical Electrodes (Medical Research Institutions) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Global: Medical Electrodes (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Global: Medical Electrodes (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: North America: Medical Electrodes Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: North America: Medical Electrodes Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Europe: Medical Electrodes Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Europe: Medical Electrodes Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Asia Pacific: Medical Electrodes Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Asia Pacific: Medical Electrodes Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Middle East and Africa: Medical Electrodes Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Middle East and Africa: Medical Electrodes Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Latin America: Medical Electrodes Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Latin America: Medical Electrodes Market Forecast: Sales Value (in Million US$), 2024-2032
List of Tables
- Table 1: Global: Medical Electrodes Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Medical Electrodes Market Forecast: Breakup by Electrode Type (in Million US$), 2024-2032
- Table 3: Global: Medical Electrodes Market Forecast: Breakup by Usability (in Million US$), 2024-2032
- Table 4: Global: Medical Electrodes Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 5: Global: Medical Electrodes Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 6: Global: Medical Electrodes Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 7: Global: Medical Electrodes Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 8: Global: Medical Electrodes Market Structure
- Table 9: Global: Medical Electrodes Market: Key Players
