Market Overview:
The global electrode gel market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electrode gel in hospitals, clinics, and other applications. Additionally, the growing awareness about the benefits of using electrode gel is also contributing to the growth of this market. The global electrode gel market can be segmented on the basis of type into halide-containing gel and non-halide gel. The halide-containing gels are more popular than non-halide gels and are expected to witness higher growth during the forecast period.
Product Definition:
An electrode gel is a substance that is applied to the surface of an electrode to help improve conductivity. This gel can be used with any type of electrode, and it helps ensure that the electrical current flows smoothly between the electrode and the skin. The use of an electrode gel can help reduce irritation and skin burns, and it also helps keep moisture on the skin so that electrodes will not slip off.
Halide-Containing Gel:
Halide-containing gels are a special type of hydrogel that contains halides such as sodium chloride, potassium bromide, and calcium chloride. Halides are used in the production of light by using them as an electrolyte in an electric cell. The major application is for medical use where it is used to treat muscle spasms and arthritis among others. It also finds its use in the cosmetics industry for skincare applications like face washes or gels among others.
Non-Halide Gel:
Non-halide gel is a type of electrolyte used in the preparation of electrode gels. It is prepared by dissolving halides such as bromine and chlorine in water or another solvent followed by evaporating the solution to leave behind a residue which consists of an ionic compound.
Application Insights:
Electrode gel finds application in hospitals, clinics, and other. Hospitals accounted for the largest share of over 70% in 2017 owing to increasing prevalence of chronic diseases such as diabetes and cardiovascular diseases. As per the United States Census Bureau, around 1 in 3 people aged 65 years or above were hospitalized due to a fall or fracture injury in 2015. Rising geriatric population is one of the major factors contributing towards high demand for electrode gel products globally.
Clinical applications include diagnostic imaging centers.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and suppliers. The region is expected to maintain its dominance over the forecast period due to increasing demand for advanced healthcare facilities coupled with rising R&D activities in this field.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rapid developments in medical technology, growing health awareness among people, and improving economic conditions especially in developing countries such as China & India. These factors are likely to boost electrode gel demand during the forecast years. Moreover, supportive government initiatives for setting up manufacturing units may also propel industry expansion during future years.
Growth Factors:
- Increasing demand for electrode gel in medical and healthcare sector for diagnosis and treatment of various diseases.
- Growing use of electrode gel in research laboratories for studying the electrical properties of biological tissues and cells.
- Rising demand from automotive industry for manufacturing sensors, actuators, and other electronic components.
- Increasing adoption of electrode gel in consumer electronics sector for development of new generation smart gadgets and devices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrode Gel Market Research Report
By Type
Halide-Containing Gel, Non-Halide Gel
By Application
Hospital, Clinic, Other
By Companies
ADInstruments, FARUM, GAES, Harvard Apparatus, Micromed Medizintechnik, Neuroelectrics, Parker Laboratories, SOMNOmedics, Sonogel, Spes Medica, ADInstruments
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Electrode Gel Market Report Segments:
The global Electrode Gel market is segmented on the basis of:
Types
Halide-Containing Gel, Non-Halide Gel
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, Other
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:
- ADInstruments
- FARUM
- GAES
- Harvard Apparatus
- Micromed Medizintechnik
- Neuroelectrics
- Parker Laboratories
- SOMNOmedics
- Sonogel
- Spes Medica
- ADInstruments
Highlights of The Electrode Gel 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:
- Halide-Containing Gel
- Non-Halide Gel
- By Application:
- Hospital
- Clinic
- Other
- 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 Electrode Gel 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Electrode gel is a medical device that uses an electric current to stimulate nerve cells. It is used to treat conditions such as chronic pain, diabetic neuropathy, and post-herpetic neuralgia.
Some of the key players operating in the electrode gel market are ADInstruments, FARUM, GAES, Harvard Apparatus, Micromed Medizintechnik, Neuroelectrics, Parker Laboratories, SOMNOmedics, Sonogel, Spes Medica, ADInstruments.
The electrode gel market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrode Gel 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 Electrode Gel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrode Gel 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 Electrode Gel 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 Electrode Gel Market Size & Forecast, 2020-2028
4.5.1 Electrode Gel Market Size and Y-o-Y Growth
4.5.2 Electrode Gel Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Halide-Containing Gel
5.2.2 Non-Halide Gel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrode Gel 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 Electrode Gel 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Halide-Containing Gel
9.6.2 Non-Halide Gel
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 Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Halide-Containing Gel
10.6.2 Non-Halide Gel
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 Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Halide-Containing Gel
11.6.2 Non-Halide Gel
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 Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Halide-Containing Gel
12.6.2 Non-Halide Gel
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 Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Halide-Containing Gel
13.6.2 Non-Halide Gel
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) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
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 Electrode Gel Market: Competitive Dashboard
14.2 Global Electrode Gel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADInstruments
14.3.2 FARUM
14.3.3 GAES
14.3.4 Harvard Apparatus
14.3.5 Micromed Medizintechnik
14.3.6 Neuroelectrics
14.3.7 Parker Laboratories
14.3.8 SOMNOmedics
14.3.9 Sonogel
14.3.10 Spes Medica
14.3.11 ADInstruments
