Market Overview:
The global medical therapeutic electrode 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 demand for medical electrodes from various application segments such as chemicals, pharmaceuticals, food & beverages, pulp & paper, construction and others. In addition, the growing awareness about the benefits of using medical electrodes is also contributing to the growth of this market.
Product Definition:
A medical therapeutic electrode is a device that is used to deliver electrical current to the body for therapeutic purposes. The current can be used to stimulate muscles, nerves, or the heart. Medical therapeutic electrodes are important because they can help to treat a variety of medical conditions.
Manual Industrial Dispensers:
Manual industrial dispensers are used to dispense various liquids in pharmaceutical and biopharmaceutical industries. They are also used in the food industry for manual transfer of solvents, solutions, suspension and emulsions. These devices have a high demand as they offer ease of use during complicated procedures along with precision control over quantities applied.
Semi-automatic Industrial Dispensers:
Semi-automatic industrial dispensers are used to dispense various types of liquids in the pharmaceutical and biopharmaceutical industries. These devices are also used for dispensing adhesives, paints, solvents, disinfectants and other liquids in medical therapeutic electrode applications.
Application Insights:
The chemicals segment dominated the global medical therapeutic electrode market in 2017. This is attributed to the increasing demand for medical devices and equipment across countries, such as China, India and Japan. In addition, factors such as growing investments by companies in research & development activities to introduce advanced products are expected to drive growth over the forecast period.
Pharmaceuticals accounted for a significant share of revenue in 2017 owing to high product demand from countries like Germany and France due to regulatory approval procedures being lengthy there compared with other European countries. In addition, stringent government regulations regarding safety of drugs being administered through electric shocks are also expected to have a positive impact on industry growth over the next eight years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by various companies and rising adoption of advanced technologies across several industries in this region. Moreover, presence of major players such as Medtronic, Boston Scientific Corporation, Becton; Dickinson and Company; Johnson & Johnson Services, Inc.; Baxter International Inc.; Abbott Laboratories; and Merck & Co., Inc.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rise in disposable income coupled with growing population especially in emerging countries such as China and India which are witnessing rapid industrialization along with expansion of manufacturing facilities for various end-use industries including food & beverages, chemicals among others (APAC 2016).
Growth Factors:
- Increasing prevalence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. According to a study by the World Health Organization (WHO), chronic diseases are responsible for 63% of all deaths worldwide. This number is expected to increase in the coming years due to the rising population and aging population. The increasing prevalence of chronic diseases will create a large demand for medical therapeutic electrodes, thereby driving market growth.
- Technological advancements: The medical therapeutic electrode market is witnessing rapid technological advancements, with new products being launched regularly into the marketplacespace These new products are often more advanced than their predecessors, offering better performance and features at lower costs They are also easier to use, making them more popular among consumers In addition, technological advancements are helping researchers develop novel applications for medical therapeutic electrodes, which is further fuelling market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Therapeutic Electrode Market Research Report
By Type
Manual Industrial Dispensers, Semi-automatic Industrial Dispensers, Automatic Industrial Dispensers
By Application
Chemicals, Pharmaceuticals, Food & Beverages, Pulp & Paper, Construction, Others
By Companies
Nordson, Eisenmann intec, Henkel, Atlas Copco, Graco, Hitachi High-Technologies Corporation, Delo, Dosiertechnik und Pneumatik, Dymax Corporation, Hernon Manufacturing, GPD Global, Fisnar, Techcon, Valco Melton, Automation Alternatives
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Medical Therapeutic Electrode Market Report Segments:
The global Medical Therapeutic Electrode market is segmented on the basis of:
Types
Manual Industrial Dispensers, Semi-automatic Industrial Dispensers, Automatic Industrial Dispensers
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
Chemicals, Pharmaceuticals, Food & Beverages, Pulp & Paper, Construction, 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:
- Nordson
- Eisenmann intec
- Henkel
- Atlas Copco
- Graco
- Hitachi High-Technologies Corporation
- Delo
- Dosiertechnik und Pneumatik
- Dymax Corporation
- Hernon Manufacturing
- GPD Global
- Fisnar
- Techcon
- Valco Melton
- Automation Alternatives
Highlights of The Medical Therapeutic Electrode 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:
- Manual Industrial Dispensers
- Semi-automatic Industrial Dispensers
- Automatic Industrial Dispensers
- By Application:
- Chemicals
- Pharmaceuticals
- Food & Beverages
- Pulp & Paper
- Construction
- 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 Medical Therapeutic Electrode 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
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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?
A medical therapeutic electrode is a device that is used to deliver electrical stimulation to the body in order to treat various conditions. These electrodes are often placed on the skin in order to provide relief from pain, inflammation, and other symptoms.
Some of the major companies in the medical therapeutic electrode market are Nordson, Eisenmann intec, Henkel, Atlas Copco, Graco, Hitachi High-Technologies Corporation, Delo, Dosiertechnik und Pneumatik, Dymax Corporation, Hernon Manufacturing, GPD Global, Fisnar, Techcon, Valco Melton, Automation Alternatives.
The medical therapeutic electrode 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 Therapeutic Electrode 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 Therapeutic Electrode Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Therapeutic Electrode 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 Therapeutic Electrode 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 Therapeutic Electrode Market Size & Forecast, 2020-2028
4.5.1 Medical Therapeutic Electrode Market Size and Y-o-Y Growth
4.5.2 Medical Therapeutic Electrode 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 Manual Industrial Dispensers
5.2.2 Semi-automatic Industrial Dispensers
5.2.3 Automatic Industrial Dispensers
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 Chemicals
6.2.2 Pharmaceuticals
6.2.3 Food & Beverages
6.2.4 Pulp & Paper
6.2.5 Construction
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Therapeutic Electrode 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 Therapeutic Electrode 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 Manual Industrial Dispensers
9.6.2 Semi-automatic Industrial Dispensers
9.6.3 Automatic Industrial Dispensers
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 Chemicals
9.10.2 Pharmaceuticals
9.10.3 Food & Beverages
9.10.4 Pulp & Paper
9.10.5 Construction
9.10.6 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 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 Manual Industrial Dispensers
10.6.2 Semi-automatic Industrial Dispensers
10.6.3 Automatic Industrial Dispensers
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 Chemicals
10.10.2 Pharmaceuticals
10.10.3 Food & Beverages
10.10.4 Pulp & Paper
10.10.5 Construction
10.10.6 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 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 Manual Industrial Dispensers
11.6.2 Semi-automatic Industrial Dispensers
11.6.3 Automatic Industrial Dispensers
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 Chemicals
11.10.2 Pharmaceuticals
11.10.3 Food & Beverages
11.10.4 Pulp & Paper
11.10.5 Construction
11.10.6 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 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 Manual Industrial Dispensers
12.6.2 Semi-automatic Industrial Dispensers
12.6.3 Automatic Industrial Dispensers
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 Chemicals
12.10.2 Pharmaceuticals
12.10.3 Food & Beverages
12.10.4 Pulp & Paper
12.10.5 Construction
12.10.6 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) 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 Manual Industrial Dispensers
13.6.2 Semi-automatic Industrial Dispensers
13.6.3 Automatic Industrial Dispensers
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 Chemicals
13.10.2 Pharmaceuticals
13.10.3 Food & Beverages
13.10.4 Pulp & Paper
13.10.5 Construction
13.10.6 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 Medical Therapeutic Electrode Market: Competitive Dashboard
14.2 Global Medical Therapeutic Electrode Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nordson
14.3.2 Eisenmann intec
14.3.3 Henkel
14.3.4 Atlas Copco
14.3.5 Graco
14.3.6 Hitachi High-Technologies Corporation
14.3.7 Delo
14.3.8 Dosiertechnik und Pneumatik
14.3.9 Dymax Corporation
14.3.10 Hernon Manufacturing
14.3.11 GPD Global
14.3.12 Fisnar
14.3.13 Techcon
14.3.14 Valco Melton
14.3.15 Automation Alternatives
