North America Medical Electrodes Market Forecast 2022-2030
Description
North America Medical Electrodes Market Forecast 2022-2030
KEY FINDINGS
The North America medical electrodes market is set to grow with a CAGR of 3.91% during the forecasted years 2022 to 2030. Some of the top factors influencing the regional market’s growth include high digital literacy, the surging number of neurological, cardiovascular, and sleep-related disorders, as well as the subsequent requirement for early diagnosis, and the rising geriatric populace.
MARKET INSIGHTS
The North America medical electrodes market growth assessment entails the study of the United States and Canada. The market growth in Canada is primarily influenced by the rise in various diseases and the increasing healthcare spending. In this regard, as per the Canadian Institute of Health Information, the total healthcare expenditure in Canada in the year 2021 was set to reach $308 billion, representing 12.7% of the country’s gross domestic product (GDP). In addition, the Canadian government announced funding of 10 million in order to increase the public health research capacity in the country. The investment also comprises $8 million for core areas, such as disease prevention as well as urban and environmental health.
Conversely, the rise in healthcare investment, the increasing incidence of several disorders, and the growth of the geriatric population are anticipated to further fuel the demand for medical electrodes in Canada. As a result, these factors are collectively set to facilitate market growth in North America during the estimated years.
COMPETITIVE INSIGHTS
Eminent firms operating in the market are Cardinal Health, ConMed Corporation, 3M Company, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
KEY FINDINGS
The North America medical electrodes market is set to grow with a CAGR of 3.91% during the forecasted years 2022 to 2030. Some of the top factors influencing the regional market’s growth include high digital literacy, the surging number of neurological, cardiovascular, and sleep-related disorders, as well as the subsequent requirement for early diagnosis, and the rising geriatric populace.
MARKET INSIGHTS
The North America medical electrodes market growth assessment entails the study of the United States and Canada. The market growth in Canada is primarily influenced by the rise in various diseases and the increasing healthcare spending. In this regard, as per the Canadian Institute of Health Information, the total healthcare expenditure in Canada in the year 2021 was set to reach $308 billion, representing 12.7% of the country’s gross domestic product (GDP). In addition, the Canadian government announced funding of 10 million in order to increase the public health research capacity in the country. The investment also comprises $8 million for core areas, such as disease prevention as well as urban and environmental health.
Conversely, the rise in healthcare investment, the increasing incidence of several disorders, and the growth of the geriatric population are anticipated to further fuel the demand for medical electrodes in Canada. As a result, these factors are collectively set to facilitate market growth in North America during the estimated years.
COMPETITIVE INSIGHTS
Eminent firms operating in the market are Cardinal Health, ConMed Corporation, 3M Company, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
148 Pages
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Increasing Number Of Neurological And Cardiovascular Diseases
- 3.1.2. Rising Investments In Healthcare Sector
- 3.1.3. Growing Preference For Home And Ambulatory Healthcare Services
- 3.2. Key Restraints
- 3.2.1. Government Regulations
- 3.2.2. Time-consuming Bio-compatibility Testing
- 4. Key Analytics
- 4.1. Impact Of Covid-19 On Medical Electrodes Market
- 4.2. Key Market Trends
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Vendor Landscape
- 4.6. Value Chain Analysis
- 4.6.1. Manufacturing
- 4.6.2. Technology Integration
- 4.6.3. Distributors/Suppliers
- 4.6.4. End-user
- 4.7. Regulatory Framework
- 5. Market By Type
- 5.1. Diagnostics Medical Electrodes
- 5.1.1. Electrocardiogram (Ecg)
- 5.1.2. Electroencephalogram (Eeg)
- 5.1.3. Electromyogram (Emg)
- 5.1.4. Electroretinogram (Erg)
- 5.1.5. Fetal Scalp
- 5.1.6. Other Diagnostics
- 5.2. Therapeutic Medical Electrodes
- 5.2.1. Pacemakers
- 5.2.2. Transcutaneous Electrical Nerve Stimulators (Tens)
- 5.2.3. Defibrillators
- 5.2.4. Electrosurgical Electrodes
- 5.2.5. Other Therapeutics
- 6. Market By Product
- 6.1. Surface Electrodes
- 6.2. Needle Electrodes
- 7. Market By Usability
- 7.1. Disposable Medical Electrodes
- 7.2. Reusable Medical Electrodes
- 8. Market By Application
- 8.1. Cardiology
- 8.2. Intraoperative Monitoring (Iom)
- 8.3. Neurophysiology
- 8.4. Sleep Disorders
- 8.5. Other Applications
- 9. Geographical Analysis
- 9.1. North America
- 9.1.1. Market Size & Estimates
- 9.1.2. Key Growth Enablers
- 9.1.3. Key Challenges
- 9.1.4. Key Players
- 9.1.5. Country Analysis
- 9.1.5.1.United States
- 9.1.5.2.Canada
- 10. Competitive Landscape
- 10.1. Key Strategic Developments
- 10.1.1. Mergers & Acquisitions
- 10.1.2. Product Launches & Developments
- 10.1.3. Partnerships & Agreements
- 10.1.4. Business Expansions & Divestitures
- 10.2. Company Profiles
- 10.2.1. 3m
- 10.2.2. Ambu A/S
- 10.2.3. Cardinal Health
- 10.2.4. Cognionics Inc
- 10.2.5. Conmed Corporation
- 10.2.6. Cooper Surgical
- 10.2.7. Cr Bard
- 10.2.8. Dymedix Diagnostics
- 10.2.9. Koninklijke Philips Nv
- 10.2.10. Medico Electrodes
- 10.2.11. Medtronic Plc
- 10.2.12. Natus Medical Incorporated
- 10.2.13. Pepin Manufacturing Inc
- 10.2.14. Rhythmlink International
- 10.2.15. Zoll Medical Corporation
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