Market Overview:
The global neutral electrodes market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The disposable neutral electrode segment is expected to grow at a higher CAGR than the reusable neutral electrode segment during the forecast period. This growth can be attributed to the increasing demand for disposable medical devices and rising awareness about hygiene among healthcare professionals and patients. By application, the child segment is projected to grow at a higher CAGR than the adult segment during the forecast period. This growth can be attributed to factors such as growing prevalence of pediatric diseases, rising number of surgeries performed on children, and increasing adoption of advanced technologies in pediatric care settings. Geographically, North America is estimated to account for the largest share of the global neutral electrodes market in 2018, followed by Europe and Asia Pacific. The large share of this region can be attributed primarily due high adoption rateof advanced technologiesin healthcare settingsand growing geriatric population in countries such as U .S., Canada, Germany, France , Italy , Spain , Japan , China India .
Product Definition:
A Neutral Electrode is an electrode that completes the electrical circuit. It is important because it allows current to flow through the circuit, and it ensures that the voltage of the system remains constant.
Disposable Neutral Electrode:
Disposable neutral electrode is a special type of metal alloy, which is used as an additive in the production of lithium-ion batteries. The product has no memory and can be recycled without being changed or refurbished. It also eliminates any risk associated with cross-contamination due to reuse. These electrodes are made from metals such as nickel, aluminum and titanium; however, they can also be manufactured using composite materials such as carbon fiber or graphite fibers.
Reusable Neutral Electrode:
A reusable neutral electrode is a device used for the measurement of pH in water. It consists of an alloy or plastic sheath that is inserted into the water and then connected to a measuring instrument by means of an electrical cable. The most commonly used material for manufacturing these electrodes are PVC, PE, and PET owing to their cost-effectiveness, durability & flexibility along with resistance to chemicals & high temperature.
Application Insights:
The application segment includes the child and adult segments. In 2017, the adult segment dominated the global market in terms of revenue share at over 60%. The increasing geriatric population across various regions is expected to be a major factor driving this growth. Moreover, increasing incidences of cardiovascular diseases, high blood pressure levels and rising awareness about maintaining a healthy lifestyle are further anticipated to boost demand for NG¢â‚¬â„¢s in adults over the forecast period.
The growing prevalence of diabetes among children has become an important focus area for many governments across the world owing to its rising incidence rates coupled with its high cost burden globally.
Regional Analysis:
North America dominated the global market in 2017. The presence of key manufacturers and suppliers, along with high healthcare expenditure, are some factors driving the regional market. In addition, increasing prevalence of neurological disorders and cardiac arrests is expected to drive product demand in North America over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income coupled with improving healthcare infrastructure in emerging countries such as China and India. Furthermore, growing awareness regarding electrical burns among children will further propel product demand during the forecast years.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the period 2016-2021. This would lead to an increase in demand for neutral electrodes, as they are used in electric vehicles.
- Growing popularity of energy storage systems: Energy storage systems are becoming increasingly popular due to the increasing need for grid stability and renewable energy integration. This would lead to an increase in demand for neutral electrodes, as they are used in energy storage systems.
- Rising investment in smart grids: Smart grids are being increasingly adopted all over the world due to their ability to improve grid efficiency and reliability while reducing emissions and costs. This would lead to an increase in demand for neutral electrodes, as they are used extensively in smart grids .
Scope Of The Report
Report Attributes
Report Details
Report Title
Neutral Electrodes Market Research Report
By Type
Disposable Neutral Electrode, Reusable Neutral Electrode
By Application
Child, Adult
By Companies
Nissha, Dahlhausen, Fysiomed, FENDO Medizintechnik, Hager & Werken, Medline, Xigele Medical, FOTEK, Cathay, Shenzhen Krtens Technology, Nissha
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Neutral Electrodes Market Report Segments:
The global Neutral Electrodes market is segmented on the basis of:
Types
Disposable Neutral Electrode, Reusable Neutral Electrode
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
Child, Adult
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
- Dahlhausen
- Fysiomed
- FENDO Medizintechnik
- Hager & Werken
- Medline
- Xigele Medical
- FOTEK
- Cathay
- Shenzhen Krtens Technology
- Nissha
Highlights of The Neutral 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:
- Disposable Neutral Electrode
- Reusable Neutral Electrode
- By Application:
- Child
- Adult
- 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 Neutral 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.
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?
Neutral electrodes are electrodes that do not produce a current when they are placed in an electric field.
Some of the major players in the neutral electrodes market are Nissha, Dahlhausen, Fysiomed, FENDO Medizintechnik, Hager & Werken, Medline, Xigele Medical, FOTEK, Cathay, Shenzhen Krtens Technology, Nissha.
The neutral 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 Neutral 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 Neutral Electrodes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neutral 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 Neutral 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 Neutral Electrodes Market Size & Forecast, 2018-2028
4.5.1 Neutral Electrodes Market Size and Y-o-Y Growth
4.5.2 Neutral Electrodes Market Absolute $ Opportunity
Chapter 5 Global Neutral 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 Neutral Electrodes Market Size Forecast by Type
5.2.1 Disposable Neutral Electrode
5.2.2 Reusable Neutral Electrode
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Neutral 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 Neutral Electrodes Market Size Forecast by Applications
6.2.1 Child
6.2.2 Adult
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neutral 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 Neutral 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 Neutral Electrodes Analysis and Forecast
9.1 Introduction
9.2 North America Neutral 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 Neutral Electrodes Market Size Forecast by Type
9.6.1 Disposable Neutral Electrode
9.6.2 Reusable Neutral Electrode
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 Neutral Electrodes Market Size Forecast by Applications
9.10.1 Child
9.10.2 Adult
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 Neutral Electrodes Analysis and Forecast
10.1 Introduction
10.2 Europe Neutral 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 Neutral Electrodes Market Size Forecast by Type
10.6.1 Disposable Neutral Electrode
10.6.2 Reusable Neutral Electrode
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 Neutral Electrodes Market Size Forecast by Applications
10.10.1 Child
10.10.2 Adult
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 Neutral Electrodes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Neutral 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 Neutral Electrodes Market Size Forecast by Type
11.6.1 Disposable Neutral Electrode
11.6.2 Reusable Neutral Electrode
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 Neutral Electrodes Market Size Forecast by Applications
11.10.1 Child
11.10.2 Adult
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 Neutral Electrodes Analysis and Forecast
12.1 Introduction
12.2 Latin America Neutral 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 Neutral Electrodes Market Size Forecast by Type
12.6.1 Disposable Neutral Electrode
12.6.2 Reusable Neutral Electrode
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 Neutral Electrodes Market Size Forecast by Applications
12.10.1 Child
12.10.2 Adult
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) Neutral Electrodes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Neutral 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) Neutral Electrodes Market Size Forecast by Type
13.6.1 Disposable Neutral Electrode
13.6.2 Reusable Neutral Electrode
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) Neutral Electrodes Market Size Forecast by Applications
13.10.1 Child
13.10.2 Adult
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 Neutral Electrodes Market: Competitive Dashboard
14.2 Global Neutral Electrodes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nissha
14.3.2 Dahlhausen
14.3.3 Fysiomed
14.3.4 FENDO Medizintechnik
14.3.5 Hager & Werken
14.3.6 Medline
14.3.7 Xigele Medical
14.3.8 FOTEK
14.3.9 Cathay
14.3.10 Shenzhen Krtens Technology
14.3.11 Nissha
