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Medical Electrodes Market is Projected To Reach USD 1360.7 Million By 2028 At A CAGR of 4.8% - Valuates Reports

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30 Sep, 2022, 14:00 GMT

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BANGALORE, India, Sept. 30, 2022 /PRNewswire/ -- Medical Electrodes Market is segmented by Type - ECG Electrodes, EEG Electrodes, Electrosurgery Electrodes, by Application - Hospital & Clinic, ASCs, Others. Global Opportunity Analysis and Industry Forecast, 2022 - 2028. It is published in Valuates Reports under the  Medical Devices & Equipment Category.


Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Medical Electrodes market is projected to reach USD 1360.7 million by 2028 from an estimated USD 1024.7 million in 2022, at a CAGR of 4.8% during 2023 and 2028.

Major Factors Driving The Growth Of The Medical Electrodes Market are

Increased investments in medical device development, an increase in the prevalence of neurological and cardiovascular illnesses, and consumer desire for home and ambulatory care services are the main drivers of the Medical Electrodes Market growth.

The rapidly expanding geriatric population and the increased interest in less invasive procedures will further fuel the Medical Electrodes Market growth.

Browse The Table of Contents And List of Figures At https://reports.valuates.com/market-reports/QYRE-Auto-9I4660/global-medical-electrodes

TRENDS INFLUENCING THE GROWTH OF MEDICAL ELECTRODES MARKET

The increasing incidence of neurological & cardiovascular disorders is expected to drive the medical electrode market growth. Over time, there has been a dramatic rise in the prevalence of sleep disorders and cardiovascular and neurological ailments. The volume of diagnostic and therapeutic operations has consequently increased. Because of this, the market expansion is probably being driven by the rising demand for these operations. One of the easiest and quickest tests to examine the heart is an electrocardiogram (ECG). Certain locations on the chest, arms, and legs are covered with electrodes, which are tiny plastic patches that adhere to the skin. Medical electrodes work by converting the body's natural electrical current, or ionic current, into an amplified form that can be measured for the diagnosis of various cardiac, ophthalmic, neurological, and muscular illnesses.

Due to the benefits, such as quick recovery and reduced discomfort, more people are becoming interested in minimally invasive operations, which is causing the market to rise. In surgery, electrosurgery is a procedure that is frequently used to reduce bleeding and quickly dissect soft tissue. Heat is produced by the soft tissues' electrical resistance to an electromagnetic current. Electrosurgical endpoints vary depending on waveform, power, and surgical approach. Therefore, it is anticipated that the growing demand for minimally invasive surgery will propel the growth of the medical electrodes market.

The medical electrodes market was also impacted by the increase in demand for home and ambulatory care services, particularly during the COVID-19 pandemic. Hospitals discovered that hospitals at home worked so effectively for the patient and the financial gains that the model is being followed outside of the epidemic. There are numerous hospital-at-home options available, including home infusion services, skilled nursing, and urgent care.

Get Your Sample Today: https://reports.valuates.com/request/sample/QYRE-Auto-9I4660/Global_Medical_Electrodes_Market

MEDICAL ELECTRODES MARKET SHARE ANALYSIS

Based on region, North America held the largest market share of over 35%, followed by Europe and Asia-Pacific, both having a share of about 55%.

Based on type, ECG electrodes are the largest segment, with a market share of over 40%.

 Inquire For Customization : https://reports.valuates.com/request/customisation/QYRE-Auto-9I4660/Global_Medical_Electrodes_Market

Market By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

Inquire For Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-9I4660/Global_Medical_Electrodes_Market

Key players

  • 3M
  • Ambu
  • Medico Electrodes
  • Leonhard Lang
  • Cardinal Health
  • GE Healthcare
  • ConMed
  • Nissha Medical
  • Asahi Kasei
  • Screentec Medical
  • Tianrun Medical
  • Nihon Kohden
  • J&J
  • Medtronic
  • Symmetry Surgical
  • CIMPAX
  • Volkmann Medizintechnik
  • Utah Medical
  • ERBE
  • Olympus
  • Ellman
  • Cooper Surgical
  • KLS Martin
  • Shanghai YueChen
  • Guangdong Baisheng

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SIMILAR REPORTS

-  The global Electrodes for Medical Devices market size is estimated to be worth USD 1209.1 million in 2021 and is forecast to be a readjusted size of USD 1905.1 million by 2028 with a CAGR of 6.6% during the forecast period 2022-2028.

-  Global and United States Reusable Medical Electrodes Market Report & Forecast 2022-2028

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-  Global Redox Electrodes Market Research Report 2022

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-  Global and United States EEG Disposable Medical Electrodes Market Report & Forecast 2022-2028

-  Global Therapeutic Medical Electrodes Market Insights, Forecast to 2028

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Click Here To See Related Reports on Medical Electrodes Market

About Us:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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