Medical Electrodes Market Size, Share & Industry Analysis, By Product (Wet Electrodes, Dry Electrodes, Needle Electrodes), By Application (Cardiology, Neurophysiology, Others) By Usage (Disposable Medical Electrodes, Reusable Medical Electrodes) By End User (Hospitals & Ambulatory Surgery Centers (ASCs), Specialty Clinics & Diagnostics Centers) and Regional Forecast, 2020-2027 (Includes COVID-19 Business Impact)

                                          
We have updated Medical Electrodes Market with respect to COVID-19 Business Impact.
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This report focuses on the Medical Electrodes market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Medical Electrodes market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Medical Electrodes Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Medical Electrodes Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Medical Electrodes Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Core Focus on Inorganic Strategic Acquisitions by Several Market Leaders to Propel Their Market Position.
The competitive landscape of the market depicts a fragmented nature with the presence of several players. However, prominent players such as 3M, Ambu, Conmed Corporation, Cardinal Health, and others hold the dominant position in the industry. An extensive product portfolio of medical electrodes, coupled with constant technological innovations by these companies, is prominent factors responsible for industry dominance.  For instance, in April 2017, Cardinal Health announced the acquisition of Medtronics medical supplies business for USD 6.1 billion. Through this inorganic strategic agreement, Cardinal Health acquired Medtronics medical supplies portfolio that includes these electrodes, wound care products, and several others. This agreement enabled Cardinal Health to expand its product portfolio and hold a dominant position in the market.

However, other players such as Zoll Medical, B. Braun, and Vermed (a division of Nissha Medical Technologies), are the other few players holding considerable medical electrodes market share in 2019. This is projected to positively impact the global market during the forecast period.

LIST OF KEY COMPANIES PROFILED:

  
3M
  
Ambu
  
Conmed Corporation
  
Cardinal Health
  
Zoll Medical
  
B. Braun
  
Vermed
  
KLS Martin
  
Ad-Tech Medical
  
Medico Electrodes International Limited
  
ETHICON (Johnson & Johnson)
  
Others

KEY INDUSTRY DEVELOPMENTS:

September 2019 -ETHICON (Johnson & Johnson) announced the launch of the ˜MEGADYNE MEGA SOFT  reusable electrodes (patient return), which have been used in over 100 million procedures worldwide. Novel product launch assisted the company to hold a significant position in this market.

January 2020 -Erba Mannheim, announced the launch of an electrolyte analyzer with maintenance-free electrodes at MEDLAB Middle East 2020. Such a strategic novel product launch will assist the company to expand its product portfolio as well as considerably expand its revenue growth.

REPORT COVERAGE

The medical electrodes market report provides a detailed analysis of the market and also provides insights on key aspects such as novel product launch, leading companies, and technological overview pertaining to the medical electrodes. Besides this, the report also provides insights into the key industry developments and highlights major market trends. In addition, the report also encompasses several factors that have contributed to the growth of the market over the recent years.

Report Scope & Segmentation

 Segmentation

By Product

  
Wet
  
Dry
  
Needle

By Application

  
Cardiology
  
Neurophysiology
  
Others

By Usage

  
Disposable
  
Reusable

By End User

  
Hospitals & Ambulatory Surgery Centers (ASCs)
  
Specialty Clinics & Diagnostics Centers

By Geography

  
North America (the U.S. and Canada)
  
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)
  
Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia- Pacific)
  
Latin America (Brazil, Mexico, and the Rest of Latin America)
  
The Middle East & Africa (South Africa, GCC and the Rest of Middle East & Africa)