PUBLISHER: The Business Research Company | PRODUCT CODE: 1704233
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704233
Electrocardiography (ECG) electrodes are medical devices used to record and analyze the electrical activity of the heart. These small, adhesive patches are placed on specific areas of the skin to capture the heart's electrical signals, which are then transmitted to ECG equipment for interpretation. This process provides detailed information about the heart's rhythm and electrical function, aiding in the diagnosis and monitoring of various cardiac conditions.
The primary types of electrocardiography (ECG) electrodes include conducting mediums and backing materials. Conducting mediums are the materials within ECG electrodes that facilitate the transmission of electrical signals from the body to the ECG machine. These electrodes are categorized as disposable or reusable and find applications in hospitals, clinics, and other medical settings.
The electrocardiography (ECG) electrodes market research report is one of a series of new reports from The Business Research Company that provides electrocardiography (ECG) electrodes market statistics, including electrocardiography (ECG) electrodes industry global market size, regional shares, competitors with an electrocardiography (ECG) electrodes market share, detailed electrocardiography (ECG) electrodes market segments, market trends and opportunities, and any further data you may need to thrive in the electrocardiography (ECG) electrodes industry. This electrocardiography (ECG) electrodes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electrocardiography (ECG) electrodes market size has grown strongly in recent years. It will grow from $4.66 billion in 2024 to $4.99 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increased utilization of ECG electrodes in hospitals, increased incidence of arrhythmias, increased awareness among healthcare professionals, growth in the use of ECG electrodes in telemedicine, and growth in the availability of eco-friendly and biocompatible materials.
The electrocardiography (ECG) electrodes market size is expected to see strong growth in the next few years. It will grow to $6.48 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to the rising prevalence of chronic disease, a growing elderly population, the growing importance of personalized medicine, an increasing number of hospitals, and rising investments in healthcare infrastructure. Major trends in the forecast period include technological advancements, remote patient monitoring, solid gel electrodes, reusable medical electrodes, and the adoption of AI.
The increasing prevalence of cardiovascular and neurological disorders is anticipated to fuel the expansion of the electrocardiography (ECG) electrode market in the foreseeable future. These disorders encompass a range of conditions affecting the heart and brain, often requiring specialized medical attention and care. Factors contributing to the rise in incidences include shifts in lifestyle, an aging demographic, and genetic predispositions. ECG electrodes play a crucial role in the diagnosis and management of both cardiovascular and neurological disorders, facilitating non-invasive monitoring of heart activity and the detection of abnormal electrical signals. This aids in identifying conditions such as arrhythmias, heart attacks, and seizures. For instance, data from the Office for National Statistics in March 2022 revealed an increase in heart attack-related deaths in the UK, while statistics from the American Cancer Society in August 2021 projected significant numbers of malignant brain tumor cases in the USA. Thus, the escalating occurrence of these disorders is a driving force behind the growth of the ECG electrode market.
Major players in the electrocardiography (ECG) electrode market are directing their attention towards introducing innovative solutions leveraging advanced technology, such as conductive textile patches, to enhance industrial monitoring capabilities and gain a competitive advantage. Conductive textile ECG electrode patches are wearable medical devices designed to monitor cardiac activity by detecting heart-generated electrical signals. For example, Nahtlos AG, a Switzerland-based medical technology company, launched Nahtlos Durastrip in December 2023, a medically approved ECG patch made of conductive cloth. The Durastrip ensures prolonged adherence and signal quality through a unique humidification technique and patented conductive fabric technology. Compatibility with Movesense sensors opens avenues for long-term ECG monitoring, digital health research, and advanced fitness tracking.
In November 2024, NeuroOne Medical Technologies, a US company specializing in ECG electrodes, teamed up with Zimmer Biomet to distribute NeuroOne's OneRF system. This system utilizes implanted stereo electroencephalograph (sEEG) electrodes and is valued at $3 million. Through this collaboration, both companies seek to accelerate the development and commercialization of cutting-edge electrode technologies aimed at neuromodulation therapies. Zimmer Biomet, also based in the US, is known for its production of ECG electrodes.
Major companies operating in the electrocardiography (ECG) electrodes market are Cardinal Health Inc., 3M Company, Medtronic Plc, Allied Healthcare Products Inc., Koninklijke Philips N.V., GE HealthCare Technologies Inc., Shandong Intco Medical Products Corporation Ltd., Mindray Medical International Limited , ZOLL Medical Corporation, Nihon Kohden Corporation, Nissha Medical Technologies (NMT), CONMED Corporation, Welch Allyn Inc., S&W Healthcare, Ambu A/S, Schiller AG, BPL Medical Technologies, MedLinket, Axelgaard Manufacturing Co. Ltd., Medico Electrodes International Ltd, Rhythmlink International LLC, Leonhard Lang GmbH, Bio-Protech Inc., NIKOMED USA Inc.
North America was the largest region in the electrocardiography (ECG) electrodes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electrocardiography (ECG) electrodes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the electrocardiography (ECG) electrodes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electrocardiography (ECG) electrodes market consists of sales of wet gel electrodes, dry electrodes, and solid gel electrodes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electrocardiography (ECG) Electrodes Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on electrocardiography (ecg) electrodes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for electrocardiography (ecg) electrodes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The electrocardiography (ecg) electrodes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.