The global medical electrodes market is growing at a significant CAGR of around 4.6% during the forecast period (2020-2026). Medical electrodes are rapidly becoming a vital component in every hospital facility, owing to the rising prevalence of CVD (cardiovascular disease)and neurological disorder across the globe. Heart diseases such as CVD, CHD (congenital heart disease), and stroke; among other heart diseases are the leading causes of mortalities across the globe. According to the American Health Association (AHA), in January 2018, around 103 million US adults were suffering from high blood pressure, which is nearly half of all adults in the US. This increases the monitoring and testing of CVD, which in turn, offers growth to the global medical electrodes market. However, there are certain stringent regulations and biocompatibility issues associated with medical electrodes, which in turn, will affect the market growth during the forecast period.

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The medical electrodes market is classified on the basis of usability, product type, modality type, and application. Based on usability, the market is bifurcated into disposable medical electrodes and reusable medical electrodes. Based on product type, the market is segmented into microelectrodes, needle electrodes, and body surface electrodes. Based on modality type, the market is segmented into electrocardiography (ECG), electroencephalography (EEG), electromyography (EMG), and others. Based on application, the market is segregated into cardiology, neurophysiology, sleep disorders, muscle disorders, and others.

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The global medical electrodes market is classified on the basis of geography,which includes North America, Europe, Asia-Pacific, and Rest of the World. North America holds a significant share in the global medical electrodes market. The US plays the critical role in geographic contribution of North America in global medical electrodes market. The major factors associated with the dominance of the US in medical electrodes market includes its well-developed healthcare infrastructure, which certainly leads to the adoption od advanced technological solutions in healthcare industry. In addition, the country has a significant diagnostic rate for diseases associated with CVD and neurological disorders, owing to the significant prevalence of these diseases in the region. According to American Heart Association, stroke is the fifth leading cause of death, around 129,000 mortalities every year in the US. Such statistics indicates the significant prevalence of CVD and neurological disorders in the US, which in turn, is offering growth to the medical electrodes market in the region.

Global Medical Electrodes Market – Segmentation
by Usability
Disposable Medical Electrodes
Reusable Medical Electrodes

by Product Type
Microelectrodes
Needle Electrodes
Body Surface Electrodes

by Modality Type
Electrocardiography (ECG)
Electroencephalography (EEG)
Electromyography (EMG)
Others (Brainstem Auditory Evoked Potentials (BAEPS))

by Application
Cardiology
Neurophysiology
Sleep Disorders
Muscle Disorders
Others (Intraoperative Monitoring)

Global Medical Electrodes Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
3M Co.
Ad-Tech Medical Instrument Corp.
Ambu A/S
Cognionics, Inc.
Compumedics Ltd.
CONMED Corp.
EMOTIV, Inc.
General Electric Co.
Koninklijke Philips N.V.
Leonhard Lang GmbH
Medtronic PLC
Natus Medical Inc.
NeuroSky, Inc.
NeuroWave Systems Inc.
Nihon Kohden Corp.
Nikomed
Nissha Medical Technologies
Rhythmlink International, LLC
SOMNOmedicsGmbH
VectraCor, Inc.

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