Press release

Global Cardiology Electrodes Market Will Grow at a CAGR of Almost 3% during 2019-2023 | Technavio

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Technavio has announced the release of their research report on the
Global Cardiology Electrodes Market for the forecast period 2019-2023.
This cardiology electrodes market analysis report segments the market by
product (resting ECG electrodes, short-term monitoring ECG electrodes,
long-term monitoring ECG electrodes, stress test ECG electrodes, and
neonatal ECG electrodes) and geography (Asia, Europe, North America, and
ROW).

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The global cardiology electrodes market will grow at a CAGR of almost 3% during 2019-2023 (Graphic:  ...

The global cardiology electrodes market will grow at a CAGR of almost 3% during 2019-2023 (Graphic: Business Wire)

Global cardiology electrodes market size will grow by USD 55.66 million
during 2019-2023, at a CAGR of almost 3%. There is a huge shift from
reusable medical electrodes to disposable electrodes to prevent the risk
of hospital-acquired infections (HAls) and minimize the probability of
cross-contamination. Also, the cost associated with the use of reusable
medical electrodes is high. The chemical elements present in the gels of
electrodes may cause adverse allergic reactions. This can be prevented
with the growing use of disposable electrodes. The adoption of
disposable medical electrodes will continue to increase as they are
cost-effective and flexible.

Increasing awareness about CVDs and their
prevention

Many public and private organizations and vendors are making efforts to
create awareness about heart diseases and their early diagnosis. They
are also focusing on reducing the mortality and morbidity caused by
sudden cardiac arrest (SCA). This is encouraging people to take personal
responsibility and approach healthcare facilities to get diagnosed.
Consequently, this will boost the demand and adoption of cardiology
electrodes in these healthcare units.

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“The recommendations to use prolonged ECG monitoring techniques for the
management of patients with palpitations, syncope, and atrial
fibrillation will drive cardiology electrodes market growth in Europe.
Additionally, the increasing healthcare expenditure in the EU and
growing demand for ECG will also drive the growth of the market in
Europe,” says an analyst at Technavio.

Vendors are investing in technological advances to come up with sensors
that allow recording of electrical impulses from the heart in the
absence of conventional ECG machines. They are offering wearable
technologies to be used at out-of-hospital settings such as households
and public places to monitor and record cardiac impulses. Also, they are
incorporating electrodes into a wireless case to develop wireless
medical devices, which can transmit ECG rhythms to a smartphone. Such
developments will lead to the growth of the global cardiology electrodes
market.

View
snapshot of the report
for a more detailed overview of
the market and the segmentation covered in this report

This cardiology electrodes industry research report provides an in-depth
analysis of the major drivers, upcoming trends, and challenges that will
impact market growth over the forecast period. The report analyzes the
competitive landscape and offers details on several cardiology
electrodes manufacturers including –

  • 3M
  • Ambu A/S
  • Cardinal Health
  • CONMED Corporation
  • DCC plc
  • Nissha Co., Ltd.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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