Electrodes for Medical Devices: A Global Strategic Business Report

“Increasing Prevalence of Chronic Diseases and Growing Trend Towards Preventive Care Drive Demand for Electrodes in Medical

Devices”

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Global market for Electrodes for Medical Devices is projected to reach US$1.9 billion by 2020, driven by aging

population, changing lifestyles, rising obesity rates, high prevalence of chronic diseases, better access to

healthcare, and growing preference for preventive care. Given the growing demand for medical diagnostic

devices in cardiology and neurology, demand for medical electrodes is also on a parallel rise.

Increased R&D efforts focused at developing economically priced electrodes with superior electrical

performance is poised to benefit market growth. Enhancing patient comfort, maintaining skin integrity, and

improving electrode-tissue interface for improved recording and stimulation represent guiding principles for

product innovation.

GLOBAL INDUSTRY ANALYSTS, INC.A Worldwide Business Strategy & Market Intelligence Source

US$1.9B

• 3M Company

• Ambu A/S

• CONMED Corporation

• Covidien

• C.R Bard, Inc.

• Leonhard Lang GmbH

• Natus Medical Incorporated

• Prosurg, Inc.

• Rhythmlink International, LLC

• ZOLL Medical Corporation

Major Players…


• Rising health concerns over the use of reusable electrodes is resulting in the continued shift and growing adoption of single-use electrodes in various applications.

• Improvement in dry electrode technology and innovative application of nanotechnology in electrode design are poised to fuel growth in the market.

Key Market Trends & Drivers


• Among the current research areas in electrode technologies are development of various polymer and lattice materials, nanowire electrodes, nanotextured coatings, and integrated electronics for tissue safe high-resolution electrical measurements.

• Increasing diagnostic procedures as a result of the shift towards early diagnosis and remote patient care, is benefitting demand for medical electrodes. The trend is further supported by rising cost of healthcare worldwide and the ensuing focus on cost reduction by reducing hospital stays.

• Growing focus on preventive healthcare and increasing use of catheters for treatment and diagnosis of tissue fuels demand for electrodes with advanced conductive hydrogel.

• Rising procedural volume of ECG monitoring as a result of spiraling obesity rates worldwide and the ensuing heightened risk of cardiovascular diseases, is helping spur sales of ECG electrodes.


• The United States represents the largest regional market worldwide, while Asia-Pacific ranks as the fastest growing market with a CAGR of 9.9% over the analysis period.

USA

GIA’s Actionable Research

Insights

• 111 major and niche players

covered

Competitive Intelligence

• Estimates and Forecasts for 2013-2020

• Geographic Regions Analyzed - The United States, Canada, Japan, Europe (France, Germany, Italy, UK and Rest of Europe), Asia-Pacific, Middle East and Latin America.

• Product Market Segments Analyzed (for global and regional markets) – Blood Gas Electrodes, Defibrillator Electrodes, ECG Electrodes, EEG/EMG/ENG Electrodes, Electrosurgical Electrodes, Ion-selective Electrodes, pH Electrodes, Pacemaker Electrodes and TENS Electrodes.

Market Analytics

• Market Trends & Issues

• Growth Drivers & Enablers

• Growth Inhibitors

• Opportunities and Challenges

• Recent Industry Activity

• Product Innovations & Trends

• Market Analyses, Facts, Figures &

Forecasts

• Coverage of Major & Niche Players

• Comprehensive Geographic

Coverage

• Extensive Product Coverage

Market Profiling


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Electrodes for Medical Devices: A Global Strategic Business Report