Market Overview:
The global medical grounding pads market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of electrical injuries, growing awareness about the benefits of medical grounding, and rising demand for disposable grounding pads. Based on type, the global medical grounding pads market is segmented into reusable and disposable groundings pads. The disposable groundings pad segment is expected to grow at a higher CAGR than the reusable groundings pad segment during the forecast period. This growth can be attributed to factors such as increasing demand for single-use products and growing awareness about hygiene among healthcare professionals. Based on application, the global medical grounding pads market is divided into adults and pediatric applications.
Product Definition:
Medical Grounding Pads are an important part of the safety and grounding system for medical equipment. They help to ensure that any electrical current released by the equipment will flow safely into the ground, rather than through a person.
Reusable Grounding Pads:
Reusable grounding pads are used in medical groundings. They are made of non-conductive materials and have a large surface area. The reusable grounding pads can be cut to the required size with scissors or they can be torn into small pieces and then assembled again for use.
Disposable Grounding Pad:
Disposable grounding pads are used in medical groundings to protect the patients from electric shocks. These products have a non-conductive surface which is made of plastic and rubber materials. The product comes with adhesive backing, which makes it easy to stick on the skin. It can also be cut as per requirement and attached around the hospital bed or patient’s body using tape application.
These products provide insulation between patients.
Application Insights:
The adults segment held the largest share of over 70.0% in 2017. The growing geriatric population across the globe is one of the major factors driving this growth. As per United Nations, there will be more than 1 billion people aged 60 or above by 2050, globally which in turn will increase medical emergencies due to electrostatic discharge and electric shock risk among others. Therefore, implementation of ground fault circuit interrupters is mandatory in many countries to reduce such risks among older population group as well as for safe usage of electrical equipment during surgeries etc., further driving demand for GMP market players like Medtronic Plc., Boston Scientific Corporation., and Cook Medical Incorporated¢â‚¬â„¢s healthcare products & solutions.
Regional Analysis:
North America dominated the global market in 2017. The presence of developed economies, high disposable income, and technological advancements are some of the major factors contributing to its growth. In addition, increasing use of medical devices during surgeries is also expected to drive the demand for GMP grounding systems in this region. For instance, according to a study published by National Center for Health Statistics (NCHS), in 2015 around 1 million hip and knee replacement procedures were performed accounting for a 17% increase compared with 2011.
Asia Pacific is expected to grow at an exponential rate over the forecast period owing to rising healthcare expenditure coupled with growing awareness about patient safety during medical treatments & surgeries as well as import duty on electronic products such as computers & laptops which have been replaced by ground mat based systems thereby driving their adoption rates across developing countries such as India and China thus boosting revenue generation from 2016-2017 till 2030-29 (estimated).
Growth Factors:
- Increasing demand for medical grounding pads owing to their benefits such as prevention of electric shock and interference in medical equipments.
- Rising awareness about the benefits of medical grounding pads among healthcare professionals and patients.
- Technological advancements in the manufacturing of medical grounding pads that offer better performance and safety features.
- Growing number of hospitals, clinics, and other healthcare facilities that are using medical grounding pads for patient safety reasons.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Grounding Pads Market Research Report
By Type
Reusable Grounding Pads, Disposable Grounding Pad
By Application
Adults, Pediatric
By Companies
Nissha, Johnson & Johnson, 3M, Cardinal Health, Xodus Medical, Bovie Medical (Apyx Medical), Medtronic, Cathay, LCCS Medical Inc., TOP-RANK, Nissha, Shenzhen Mecun, OKLand, INTCO 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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Medical Grounding Pads Market Report Segments:
The global Medical Grounding Pads market is segmented on the basis of:
Types
Reusable Grounding Pads, Disposable Grounding Pad
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
Adults, Pediatric
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:
- Nissha
- Johnson & Johnson
- 3M
- Cardinal Health
- Xodus Medical
- Bovie Medical (Apyx Medical)
- Medtronic
- Cathay
- LCCS Medical Inc.
- TOP-RANK
- Nissha
- Shenzhen Mecun
- OKLand
- INTCO Medical
Highlights of The Medical Grounding Pads 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:
- Reusable Grounding Pads
- Disposable Grounding Pad
- By Application:
- Adults
- Pediatric
- 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 Medical Grounding Pads 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?
Grounding pads are a type of therapy device that is used to help patients with mental health issues. They are made from soft, comfortable material and have electrodes attached to them. The pads are placed on the patient's feet and connected to an electronic device. When the patient feels anxious or stressed, the electrodes send electrical impulses through their bodies and into their brains. This helps reduce anxiety and stress levels in the patient
Some of the key players operating in the medical grounding pads market are Nissha, Johnson & Johnson, 3M, Cardinal Health, Xodus Medical, Bovie Medical (Apyx Medical), Medtronic, Cathay, LCCS Medical Inc., TOP-RANK, Nissha, Shenzhen Mecun, OKLand, INTCO Medical.
The medical grounding pads 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 Medical Grounding Pads 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 Medical Grounding Pads Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Grounding Pads 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 Medical Grounding Pads 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 Medical Grounding Pads Market Size & Forecast, 2018-2028
4.5.1 Medical Grounding Pads Market Size and Y-o-Y Growth
4.5.2 Medical Grounding Pads Market Absolute $ Opportunity
Chapter 5 Global Medical Grounding Pads 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 Medical Grounding Pads Market Size Forecast by Type
5.2.1 Reusable Grounding Pads
5.2.2 Disposable Grounding Pad
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Grounding Pads 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 Medical Grounding Pads Market Size Forecast by Applications
6.2.1 Adults
6.2.2 Pediatric
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Grounding Pads 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 Medical Grounding Pads 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 Medical Grounding Pads Analysis and Forecast
9.1 Introduction
9.2 North America Medical Grounding Pads 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 Medical Grounding Pads Market Size Forecast by Type
9.6.1 Reusable Grounding Pads
9.6.2 Disposable Grounding Pad
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 Medical Grounding Pads Market Size Forecast by Applications
9.10.1 Adults
9.10.2 Pediatric
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 Medical Grounding Pads Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Grounding Pads 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 Medical Grounding Pads Market Size Forecast by Type
10.6.1 Reusable Grounding Pads
10.6.2 Disposable Grounding Pad
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 Medical Grounding Pads Market Size Forecast by Applications
10.10.1 Adults
10.10.2 Pediatric
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 Medical Grounding Pads Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Grounding Pads 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 Medical Grounding Pads Market Size Forecast by Type
11.6.1 Reusable Grounding Pads
11.6.2 Disposable Grounding Pad
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 Medical Grounding Pads Market Size Forecast by Applications
11.10.1 Adults
11.10.2 Pediatric
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 Medical Grounding Pads Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Grounding Pads 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 Medical Grounding Pads Market Size Forecast by Type
12.6.1 Reusable Grounding Pads
12.6.2 Disposable Grounding Pad
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 Medical Grounding Pads Market Size Forecast by Applications
12.10.1 Adults
12.10.2 Pediatric
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) Medical Grounding Pads Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Grounding Pads 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) Medical Grounding Pads Market Size Forecast by Type
13.6.1 Reusable Grounding Pads
13.6.2 Disposable Grounding Pad
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) Medical Grounding Pads Market Size Forecast by Applications
13.10.1 Adults
13.10.2 Pediatric
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 Medical Grounding Pads Market: Competitive Dashboard
14.2 Global Medical Grounding Pads Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nissha
14.3.2 Johnson & Johnson
14.3.3 3M
14.3.4 Cardinal Health
14.3.5 Xodus Medical
14.3.6 Bovie Medical (Apyx Medical)
14.3.7 Medtronic
14.3.8 Cathay
14.3.9 LCCS Medical Inc.
14.3.10 TOP-RANK
14.3.11 Nissha
14.3.12 Shenzhen Mecun
14.3.13 OKLand
14.3.14 INTCO Medical
