Market by Product, Usability, Type, Application and Country Outlook | Forecast 2022-2028
Triton’s research report on Europe’s medical electrodes market estimates that it will develop with a CAGR of 4.91% in the forecast duration of 2022-2028.
Report scope can be customized per your requirements - Request Free Sample Report
• Germany
• France
• Italy
• Spain
• The United Kingdom
• Rest of Europe
According to World Bank data, the region’s health expenditure per capita in 2019 was $3476.43. As a result, rising healthcare expenditure due to rising disease incidence is one of the factors driving the market. Furthermore, with the prevalence of cardiovascular diseases in the region, opportunities for importing medical equipment are increasing. This has increased the scope focusing technologically advanced products and performing minimally invasive surgeries in the region, fueling the growth of the medical electrodes market.
According
to ITA, the medical technology market in the United Kingdom is anticipated to
generate annual revenue of $30 million. The geriatric population in the country
is increasing and is anticipated to form 24.7% of the country’s population in
2046. With a rise in the geriatric population, cardiovascular diseases, health
and circulatory diseases are increasing. This leads to the need for early
diagnosis of such diseases with the help of medical electrodes, thereby
increasing the market demand in the country.
Like
other European countries, France has a universal healthcare system that is
largely funded by the government. Innovative medical procedures such as
same-day surgery and others are rising in the country. With new technologies,
there has been an increase in demand for diagnostic medical imaging systems.
The aforementioned factors are expected to boost the demand for the medical
electrodes market in the country.
The
diagnostic medical electrodes function by establishing an electrical connection
between the patient and the monitoring apparatus. These electrodes are
essential in patient monitoring and testing methods. These are used to diagnose
various nervous, cardiac, ocular, and muscular disorders. The demand for
diagnostic medical electrodes has rapidly increased as the need for preventive
medicine, healthcare awareness, and chronic diseases have increased.
The studied report assesses the market’s growth based on
usability, type, product, and application. Here, the type segment comprises
diagnostics medical electrodes and therapeutics medical electrodes.
The
established players in the medical electrodes market include Cardinal Health
Inc., Ambu A/S, Zoll Medical Corporation, ConMed Corporation, CR Bard Inc,
Natus Medical Incorporated, Cognionics, and Medico Electrodes.
Founded in 1937, Ambu A/S offers solutions for
patient monitoring, pulmonology, gastroenterology, urology, visualization,
otorhinolaryngology, and diagnostics. This leading single-use endoscopy company
sells directly in about 20 countries and through distributors in others. In
2021, most of the company’s revenue was from North America and Europe,
amounting to 43% from the former and 45% from the latter. One of the company’s
products Ambu WhiteSensor 2742 C, is an electrode featuring a combination of wet gel and
enhanced adhesion, providing stable and clear tracings in ECG resting
applications on adults and children.
Key deliverables of the
report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the medical electrodes market revenue growth in Europe and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model
●
A wide-ranging study of factors that will challenge the Europe
medical electrodes market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
1. EUROPE
MEDICAL ELECTRODES MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE MEDICAL ELECTRODES MARKET
2.2. KEY
INSIGHTS
2.2.1. ADVANCEMENT
IN TECHNOLOGIES FOR THE DEVELOPMENT OF MEDICAL ELECTRODE DEVICES
2.2.2. HEALTHCARE
INITIATIVES BY GOVERNMENT
2.2.3. ECG
SEGMENT GAINING TRACTION IN THE MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. INDUSTRY
COMPONENTS
2.6.1. MANUFACTURING
2.6.2. TECHNOLOGY
INTEGRATION
2.6.3. DISTRIBUTORS/SUPPLIERS
2.6.4. END-USERS
2.7. REGULATORY
FRAMEWORK
2.8. KEY
MARKET STRATEGIES
2.8.1. ACQUISITIONS
2.8.2. PRODUCT
LAUNCHES
2.8.3. CONTRACTS
& AGREEMENTS
2.8.4. EXPANSIONS
& DIVESTITURES
2.9. MARKET
DRIVERS
2.9.1. GROWING
PREVALENCE OF CARDIOVASCULAR AND NEUROLOGICAL DISEASES
2.9.2. RISING
INVESTMENTS IN RESEARCH AND DEVELOPMENT OF HEALTHCARE SERVICES
2.9.3. RISING
PREFERENCE FOR AMBULATORY HEALTHCARE SERVICES
2.10. MARKET
CHALLENGES
2.10.1. STRINGENT
REGULATIONS IMPOSED BY GOVERNMENT
2.10.2. TIME-CONSUMING
PROCESS OF BIOCOMPATIBILITY TESTING
2.11. MARKET
OPPORTUNITIES
2.11.1. RISING
PREFERENCE FOR DISPOSABLE ELECTRODES
2.11.2. GROWING
DEMAND FOR MINIMALLY INVASIVE SURGERIES
3. EUROPE
MEDICAL ELECTRODES MARKET OUTLOOK - BY PRODUCT
3.1. SURFACE
ELECTRODES
3.2. NEEDLE
ELECTRODES
4. EUROPE
MEDICAL ELECTRODES MARKET OUTLOOK - BY USABILITY
4.1. DISPOSABLE
MEDICAL ELECTRODES
4.2. REUSABLE
MEDICAL ELECTRODES
5. EUROPE
MEDICAL ELECTRODES MARKET OUTLOOK - BY TYPE
5.1. DIAGNOSTIC
MEDICAL ELECTRODES
5.2. THERAPEUTIC
MEDICAL ELECTRODES
6. EUROPE
MEDICAL ELECTRODES MARKET OUTLOOK - BY APPLICATION
6.1. CARDIOLOGY
6.2. INTRAOPERATIVE
MONITORING
6.3. NEUROPHYSIOLOGY
6.4. SLEEP
DISORDERS
6.5. OTHER
APPLICATIONS
7. EUROPE
MEDICAL ELECTRODES MARKET – COUNTRY OUTLOOK
7.1. UNITED
KINGDOM
7.2. GERMANY
7.3. FRANCE
7.4. SPAIN
7.5. ITALY
7.6. REST
OF EUROPE
8. COMPETITIVE
LANDSCAPE
8.1. 3M
8.2. CONMED
CORPORATION
8.3. MEDTRONIC
PLC
8.4. CARDINAL
HEALTH INC.
8.5. AMBU
A/S
8.6. ZOLL
MEDICAL CORPORATION
8.7. DYMEDIX
DIAGNOSTICS
8.8. COGNIONICS
8.9. COOPER
SURGICAL
8.10. CR
BARD INC
8.11. RHYTHMLINK
INTERNATIONAL
8.12. NATUS
MEDICAL INCORPORATED
8.13. PEPIN
MANUFACTURING
8.14. MEDICO
ELECTRODES
8.15. KONINKLIJKE
PHILIPS NV
9. RESEARCH
METHODOLOGY & SCOPE
9.1. RESEARCH
SCOPE & DELIVERABLES
9.2. SOURCES
OF DATA
9.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028 (IN
$ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: REGULATORY FRAMEWORK
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: LIST OF PRODUCT LAUNCHES
TABLE 6: LIST OF CONTRACTS & AGREEMENTS
TABLE 7: LIST OF INVESTMENTS & EXPANSIONS
TABLE 8: EUROPE MEDICAL ELECTRODES MARKET, BY PRODUCT, 2022-2028 (IN $
MILLION)
TABLE 9: EUROPE MEDICAL ELECTRODES MARKET, BY USABILITY, 2022-2028 (IN $
MILLION)
TABLE 10: EUROPE MEDICAL ELECTRODES MARKET, BY TYPE, 2022-2028 (IN $
MILLION)
TABLE 11: EUROPE MEDICAL ELECTRODES MARKET, BY APPLICATION, 2022-2028 (IN
$ MILLION)
TABLE 12: EUROPE MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2022-2028
(IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY
COMPONENTS
FIGURE 3: EUROPE
MEDICAL ELECTRODES MARKET, BY PRODUCT, 2021 & 2028 (IN %)
FIGURE 4: EUROPE
MEDICAL ELECTRODES MARKET, BY SURFACE ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 5: EUROPE
MEDICAL ELECTRODES MARKET, BY NEEDLE ELECTRODES, 2022-2028 (IN $ MILLION)
FIGURE 6: EUROPE
MEDICAL ELECTRODES MARKET, BY USABILITY, 2021 & 2028 (IN %)
FIGURE 7: EUROPE
MEDICAL ELECTRODES MARKET, BY DISPOSABLE MEDICAL ELECTRODES, 2022-2028 (IN $
MILLION)
FIGURE 8: EUROPE
MEDICAL ELECTRODES MARKET, BY REUSABLE MEDICAL ELECTRODES, 2022-2028 (IN $
MILLION)
FIGURE 9: EUROPE
MEDICAL ELECTRODES MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 10: EUROPE
MEDICAL ELECTRODES MARKET, BY DIAGNOSTIC MEDICAL ELECTRODES, 2022-2028 (IN $
MILLION)
FIGURE 11: EUROPE
MEDICAL ELECTRODES MARKET, BY THERAPEUTIC MEDICAL ELECTRODES, 2022-2028 (IN $
MILLION)
FIGURE 12: EUROPE
MEDICAL ELECTRODES MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 13: EUROPE
MEDICAL ELECTRODES MARKET, BY CARDIOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE
MEDICAL ELECTRODES MARKET, BY INTRAOPERATIVE MONITORING, 2022-2028 (IN $
MILLION)
FIGURE 15: EUROPE
MEDICAL ELECTRODES MARKET, BY NEUROPHYSIOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE
MEDICAL ELECTRODES MARKET, BY SLEEP DISORDERS, 2022-2028 (IN $ MILLION)
FIGURE 17: EUROPE
MEDICAL ELECTRODES MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 18: EUROPE
MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 19: UNITED
KINGDOM MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 20: GERMANY
MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 21: FRANCE
MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 22: SPAIN
MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 23: ITALY
MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)
FIGURE 24: REST OF
EUROPE MEDICAL ELECTRODES MARKET, 2022-2028 (IN $ MILLION)