North America Medical Electrodes Market Size, Share & Industry Trends Analysis Report By Product Type (Surface Electrodes and Needle Electrodes), By Modality, By Application, By Country and Growth Forecast, 2022 - 2028
The North America Medical Electrodes Market would witness market growth of 2.7% CAGR during the forecast period (2022-2028).
Electrophysiological (EP) signals are what cause the majority of human bodily movements (EEG). EP signals have generated a lot of academic interest due to the extensive information that can be retrieved from them, and they are frequently employed in HMI and healthcare monitoring. Electrocardiography (ECG), Electroencephalography (EEG), Electrooculography (EOG), and Electromyography (EMG), signals are among the main signals.
This may represent the physiological condition of the body and is an important marker for assessing the body's many physiological processes during clinical treatment, physical condition improvement, behavioral analysis, etc. Among these, the ECG signal serves as a gauge for detecting cardiovascular disorders such as arrhythmias and faulty valves because it immediately reflects the condition of the heart.
Important medical data about brain conditions like dementia, malignancies, and epilepsy can be obtained from EEG waves. Eye movement control and Mobile eye therapy are made possible by the ability of EOG signals to track the status of eye movement for monitoring sleep or retinal feedback. EMG signals have recently been extensively used in gesture detection and prosthesis control. They are intimately tied to muscle illness and tiredness.
According to the trends, the total prevalence of chronic diseases is increasing throughout this region. The top health concerns in the United States are coronary heart disease, respiratory diseases, cancer, stroke, Alzheimer's disease, injuries, diabetes, pneumonia and influenza, renal disease, and septicemia. These problems are going to get worse as the population of the country continues to get older, as current risk factors (bad diet, smoking, and a lack of physical activity) remain, and as medical developments continue to increase.
The US market dominated the North America Medical Electrodes Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $557 Million by 2028.The Canada market is poised to grow at a CAGR of 5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 4.1% during (2022 - 2028).
Based on Product Type, the market is segmented into Surface Electrodes and Needle Electrodes. Based on Modality, the market is segmented into Electrocardiography (ECG), Electroencephalography (EEG), Electromyography (EMG), Brainstem Auditory Evoked Potentials (BAEPs) and Others. Based on Application, the market is segmented into Cardiology, Neurophysiology, Electrosurgery, Intraoperative Monitoring (IOM) and Sleep Study. Based on Cardiology Type, the market is segmented into Stress Test ECG, Neonatal ECG, Long-term Monitoring ECG, Short-term Monitoring ECG and Resting ECG. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Medtronic PLC, Koninklijke Philips N.V., ConMed Corporation, Becton, Dickinson and Company, Natus Medical Incorporated, Ambu A/S, Cognionics, Inc., CooperSurgical, Inc., and Dymedix Diagnostics.
Scope of the Study
Market Segments covered in the Report:
By Product Type
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook