Market Overview:
The global electrocardiogram electrodes market is expected to grow at a CAGR of 5.5% 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 electrocardiography (ECG) devices. Based on type, the cloth materials segment is expected to account for the largest share of the global electrocardiogram electrodes market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The high growth rate of this segment can be attributed to factors such as growing demand for disposable ECG electrodes and increasing preference for cloth-based electrodes over foam-based and tape-based electrodes. Based on application, hospitals are expected to account for the largest share of the global electrocardiogram electrodes market in 2018.
Product Definition:
An electrocardiogram (ECG) is a test that records the electrical activity of your heart. Electrodes are small, sticky patches that are placed on your skin. They are used to measure the electrical impulses produced by your heart as it beats.
Cloth Materials:
Cloth materials are widely used in the manufacturing of ECG electrodes owing to their several advantages such as low cost, biocompatibility, and easy fabrication. The global market for these products is expected to witness significant growth over the forecast period on account of rising demand from emerging economies such as India and China.
Foam Materials:
Foam materials are used in the manufacturing of electrodes for EKG or heart monitoring devices. Electrodes made up of foam materials have certain advantages over metal, glass and plastic electrodes such as they are soft, durable and can be molded into various shapes. Moreover, they also help to improve the conductivity between the skin surface and electrode by making contact more efficient.
Application Insights:
The others application segment dominated the global ECG electrodes market, accounting for a share of over 60.0% in 2017. The growing adoption of ECG monitoring devices for the diagnosis of arrhythmia and other cardiac disorders at home is expected to be a key factor driving the demand growth over the forecast period. Moreover, increasing awareness about arrhythmia among patients as well as healthcare professionals is further anticipated to fuel demand during the forecast period.
Clinical applications accounted for a significant share in 2017 owing to an increase in hospital-based diagnostic centers across various regions coupled with rising prevalence of Cardiovascular Diseases (CVDs). According to data published by WHO, it has been estimated that globally around 17 million deaths occur due to CVDs every year; out of which around 740,000 are caused by stroke and 675,000 are caused by heart attack.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure and high awareness levels coupled with relatively higher disposable income. Moreover, increasing demand for ECG monitoring systems and accessories is expected to drive the market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising geriatric population, improving economic conditions, growing medical tourism industry, and an increase in public & private health insurance coverage rates. Furthermore, favorable government initiatives pertaining change in lifestyle habits such as smoking cessation programs are projected to boost product demand further driving growth of this regional market.
Growth Factors:
- Increasing prevalence of cardiovascular diseases: The global prevalence of cardiovascular diseases is increasing at an alarming rate. This is expected to drive the demand for electrocardiogram electrodes in the coming years.
- Growing geriatric population: The geriatric population is growing at a rapid pace and this is expected to create a high demand for electrocardiogram electrodes in the near future.
- Technological advancements: Electrocardiogram electrode technology is constantly evolving, which is likely to result in increased adoption rates in the coming years.
- Rising healthcare expenditure: Healthcare expenditure around the world continues to rise, which will lead to an increase in demand for electrocardiogram electrodes over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrocardiogram Electrodes Market Research Report
By Type
Cloth Materials, Foam Materials, Tape Materials
By Application
Hospital, Clinic, Others
By Companies
3M, Ambu, GE Healthcare, Cardinal Health, Conmed Corporation, Nissha Medical, Cardinal Health, ZOLL Medical, Screentec Medical, Shandong Intco Medical Products Corporation Ltd., 3M, Qingdao Bright, MedLinket, Tianrun Medical, Mindray Medical
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Electrocardiogram Electrodes Market Report Segments:
The global Electrocardiogram Electrodes market is segmented on the basis of:
Types
Cloth Materials, Foam Materials, Tape Materials
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, Clinic, 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:
- 3M
- Ambu
- GE Healthcare
- Cardinal Health
- Conmed Corporation
- Nissha Medical
- Cardinal Health
- ZOLL Medical
- Screentec Medical
- Shandong Intco Medical Products Corporation Ltd.
- 3M
- Qingdao Bright
- MedLinket
- Tianrun Medical
- Mindray Medical
Highlights of The Electrocardiogram 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:
- Cloth Materials
- Foam Materials
- Tape Materials
- By Application:
- Hospital
- Clinic
- 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 Electrocardiogram 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?
Electrocardiogram electrodes are small, metal discs that are placed on the skin over the heart. The electrodes help to measure the electrical activity of the heart.
Some of the major players in the electrocardiogram electrodes market are 3M, Ambu, GE Healthcare, Cardinal Health, Conmed Corporation, Nissha Medical, Cardinal Health, ZOLL Medical, Screentec Medical, Shandong Intco Medical Products Corporation Ltd., 3M, Qingdao Bright, MedLinket, Tianrun Medical, Mindray Medical.
The electrocardiogram electrodes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrocardiogram Electrodes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrocardiogram Electrodes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrocardiogram Electrodes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrocardiogram Electrodes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrocardiogram Electrodes Market Size & Forecast, 2018-2028
4.5.1 Electrocardiogram Electrodes Market Size and Y-o-Y Growth
4.5.2 Electrocardiogram Electrodes Market Absolute $ Opportunity
Chapter 5 Global Electrocardiogram Electrodes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electrocardiogram Electrodes Market Size Forecast by Type
5.2.1 Cloth Materials
5.2.2 Foam Materials
5.2.3 Tape Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrocardiogram Electrodes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electrocardiogram Electrodes Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrocardiogram Electrodes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrocardiogram Electrodes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electrocardiogram Electrodes Analysis and Forecast
9.1 Introduction
9.2 North America Electrocardiogram Electrodes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electrocardiogram Electrodes Market Size Forecast by Type
9.6.1 Cloth Materials
9.6.2 Foam Materials
9.6.3 Tape Materials
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electrocardiogram Electrodes Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electrocardiogram Electrodes Analysis and Forecast
10.1 Introduction
10.2 Europe Electrocardiogram Electrodes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electrocardiogram Electrodes Market Size Forecast by Type
10.6.1 Cloth Materials
10.6.2 Foam Materials
10.6.3 Tape Materials
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electrocardiogram Electrodes Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electrocardiogram Electrodes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrocardiogram Electrodes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electrocardiogram Electrodes Market Size Forecast by Type
11.6.1 Cloth Materials
11.6.2 Foam Materials
11.6.3 Tape Materials
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electrocardiogram Electrodes Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electrocardiogram Electrodes Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrocardiogram Electrodes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electrocardiogram Electrodes Market Size Forecast by Type
12.6.1 Cloth Materials
12.6.2 Foam Materials
12.6.3 Tape Materials
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electrocardiogram Electrodes Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electrocardiogram Electrodes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrocardiogram Electrodes Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electrocardiogram Electrodes Market Size Forecast by Type
13.6.1 Cloth Materials
13.6.2 Foam Materials
13.6.3 Tape Materials
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electrocardiogram Electrodes Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrocardiogram Electrodes Market: Competitive Dashboard
14.2 Global Electrocardiogram Electrodes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Ambu
14.3.3 GE Healthcare
14.3.4 Cardinal Health
14.3.5 Conmed Corporation
14.3.6 Nissha Medical
14.3.7 Cardinal Health
14.3.8 ZOLL Medical
14.3.9 Screentec Medical
14.3.10 Shandong Intco Medical Products Corporation Ltd.
14.3.11 3M
14.3.12 Qingdao Bright
14.3.13 MedLinket
14.3.14 Tianrun Medical
14.3.15 Mindray Medical
