Market Overview:
The global disposable ECG electrodes market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of cardiovascular diseases, rising geriatric population, and technological advancements in disposable ECG electrodes. Based on type, the global disposable ECG electrodes market is segmented into monitoring ECG electrodes and diagnostic ECG electrodes. The monitoring electrode segment is expected to account for a larger share of the global disposable ECG electrodes market than the diagnostic electrode segment during the forecast period. This can be attributed to factors such as growing demand for home-based cardiac monitoring and increasing use of portable devices for cardiac diagnosis. Based on application, hospitals are expected to account for a larger share of the global disposable ECG electrodes market than clinics during the forecast period.
Product Definition:
Disposable ECG electrodes are small electrical pads that attach to the skin to measure heart activity (ECG). They are usually made of disposable materials and are used once before being thrown away.
Monitoring ECG Electrodes:
The global Monitoring ECG Electrodes market is expected to grow at a CAGR of XX% during the forecast period. The growth can be attributed to factors such as increasing incidence of cardiovascular diseases, rising geriatric population and awareness about early diagnosis.
According to the American Heart Association (AHA), in 2016, around 92 million people were living with some form of CVD across the globe which includes 37 million men and 59 million women.
Diagnostic ECG Electrodes:
The global diagnostic ECG electrodes and it's usage in disposable ECG electrodes market size was valued at USD 5.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing prevalence of cardiovascular diseases, growing geriatric population base, rising awareness about early diagnosis are some major factors that are driving the growth of this industry globally.
Application Insights:
The hospital application segment led the global disposable ECG electrodes market in 2017. The segment is projected to expand further at a steady CAGR over the forecast period owing to rising incidences of cardiac arrest and other cardiovascular diseases, which require immediate treatment with an electrocardiograph. According to WHO, approximately 1 billion people suffer from heart disease worldwide, which results in around 6 million deaths every year. Thus, increasing number of patients suffering from cardiac arrest and other cardiovascular diseases are driving demand for disposable ECG Electrodes in hospitals across the world.
Hence, increasing prevalence of Cardiovascular Diseases (CVDs) is expected to drive demand for advanced diagnostic devices that provide accurate diagnosis at lower costs as compared with conventional methods such as Holter monitoring or echocardiography that are used for long-term follow-up care purposes only.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and favorable government initiatives. The U.S., which is at the forefront of this regional market, accounted for a major share due to its advanced healthcare system and large population base. According to World Bank data, in 2015 around USD X trillion were spent on health care in U.S.
Asia Pacific region is expected to witness lucrative growth over the forecast period owing to improving economic conditions.
The European region accounted for a significant revenue share followed by Latin America during 2017 due their growing geriatric population coupled with increasing cardiovascular diseases (CVDs).
Growth Factors:
- Increasing prevalence of heart diseases and other cardiac disorders
- Rising geriatric population susceptible to heart diseases
- Growing demand for minimally invasive diagnostic procedures
- Technological advancements in disposable ECG electrodes market
- Increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Disposable ECG Electrodes Market Research Report
By Type
Monitoring ECG Electrodes, Diagnostic ECG Electrodes
By Application
Hospital, Clinics, Others
By Companies
Vermed, Medtronic, CareFusion, 3M Healthcare, Amhu, Medline Industries, Bio-Protech Products, B Braun Medical, Digitimer, Mega Electronics, Neuroelectrics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Disposable ECG Electrodes Market Report Segments:
The global Disposable ECG Electrodes market is segmented on the basis of:
Types
Monitoring ECG Electrodes, Diagnostic ECG Electrodes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vermed
- Medtronic
- CareFusion
- 3M Healthcare
- Amhu
- Medline Industries
- Bio-Protech Products
- B Braun Medical
- Digitimer
- Mega Electronics
- Neuroelectrics
Highlights of The Disposable ECG Electrodes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monitoring ECG Electrodes
- Diagnostic ECG Electrodes
- By Application:
- Hospital
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Disposable ECG Electrodes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Disposable ECG electrodes are a type of medical device that is used to measure the electrical activity of the heart. They are made from thin, flexible sheets of metal that are placed on the skin over the heart. The electrodes send electrical signals through the skin and into the heart, which can be used to measure its rhythm and function.
Some of the key players operating in the disposable ecg electrodes market are Vermed, Medtronic, CareFusion, 3M Healthcare, Amhu, Medline Industries, Bio-Protech Products, B Braun Medical, Digitimer, Mega Electronics, Neuroelectrics.
The disposable ecg electrodes market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Disposable ECG Electrodes Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Disposable ECG Electrodes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Disposable ECG Electrodes Market - Supply Chain
4.5. Global Disposable ECG Electrodes Market Forecast
4.5.1. Disposable ECG Electrodes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Disposable ECG Electrodes Market Size (000 Units) and Y-o-Y Growth
4.5.3. Disposable ECG Electrodes Market Absolute $ Opportunity
5. Global Disposable ECG Electrodes Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Disposable ECG Electrodes Market Size and Volume Forecast by Type
5.3.1. Monitoring ECG Electrodes
5.3.2. Diagnostic ECG Electrodes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Disposable ECG Electrodes Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Disposable ECG Electrodes Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Disposable ECG Electrodes Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Disposable ECG Electrodes Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Disposable ECG Electrodes Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Disposable ECG Electrodes Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Disposable ECG Electrodes Demand Share Forecast, 2019-2026
9. North America Disposable ECG Electrodes Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Disposable ECG Electrodes Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Disposable ECG Electrodes Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Disposable ECG Electrodes Market Size and Volume Forecast by Type
9.7.1. Monitoring ECG Electrodes
9.7.2. Diagnostic ECG Electrodes
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Disposable ECG Electrodes Demand Share Forecast, 2019-2026
10. Latin America Disposable ECG Electrodes Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Disposable ECG Electrodes Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Disposable ECG Electrodes Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Disposable ECG Electrodes Market Size and Volume Forecast by Type
10.7.1. Monitoring ECG Electrodes
10.7.2. Diagnostic ECG Electrodes
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Disposable ECG Electrodes Demand Share Forecast, 2019-2026
11. Europe Disposable ECG Electrodes Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Disposable ECG Electrodes Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Disposable ECG Electrodes Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Disposable ECG Electrodes Market Size and Volume Forecast by Type
11.7.1. Monitoring ECG Electrodes
11.7.2. Diagnostic ECG Electrodes
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Disposable ECG Electrodes Demand Share, 2019-2026
12. Asia Pacific Disposable ECG Electrodes Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Disposable ECG Electrodes Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Disposable ECG Electrodes Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Disposable ECG Electrodes Market Size and Volume Forecast by Type
12.7.1. Monitoring ECG Electrodes
12.7.2. Diagnostic ECG Electrodes
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Disposable ECG Electrodes Demand Share, 2019-2026
13. Middle East & Africa Disposable ECG Electrodes Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Disposable ECG Electrodes Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Disposable ECG Electrodes Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Disposable ECG Electrodes Market Size and Volume Forecast by Type
13.7.1. Monitoring ECG Electrodes
13.7.2. Diagnostic ECG Electrodes
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Disposable ECG Electrodes Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Disposable ECG Electrodes Market: Market Share Analysis
14.2. Disposable ECG Electrodes Distributors and Customers
14.3. Disposable ECG Electrodes Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Vermed
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medtronic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CareFusion
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. 3M Healthcare
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Amhu
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Medline Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bio-Protech Products
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. B Braun Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Digitimer
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mega Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Neuroelectrics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
