Global Medical Electrodes Market Growth 2023-2029

Global Medical Electrodes Market Growth 2023-2029

Medical electrodes are medical devices that facilitate the transfer energy of ionic currents in the body into electrical currents that can be amplified, studied, and used for diagnosis of the patient’s medical condition. The make of the medical electrode comprises of lead, metal, and electrode conducting plate. These devices are combined with monitoring systems to provide a continuous monitoring of patients suffering from various diseases and disorders.

LPI (LP Information)' newest research report, the “Medical Electrodes Industry Forecast” looks at past sales and reviews total world Medical Electrodes sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Electrodes sales for 2023 through 2029. With Medical Electrodes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Electrodes industry.

This Insight Report provides a comprehensive analysis of the global Medical Electrodes landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Electrodes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Electrodes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Electrodes and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Electrodes.

The global Medical Electrodes market size is projected to grow from US$ 954.9 million in 2022 to US$ 1345.5 million in 2029; it is expected to grow at a CAGR of 1345.5 from 2023 to 2029.

Global medical electrodes key players include 3M, Ambu, GE Healthcare, etc. Global top 5 manufacturers hold a share over 40%.

North America is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, both have a share about 55%.

In terms of product, ECG electrodes is the largest segment, with a share over 40%. And in terms of application, the largest application is hospital & clinic, followed by ASCs.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Electrodes market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

ECG Electrodes

EEG Electrodes

Electrosurgery Electrodes

Segmentation by application

Hospital & Clinic

ASCs

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Electrodes market?

What factors are driving Medical Electrodes market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Electrodes market opportunities vary by end market size?

How does Medical Electrodes break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.