North America Medical Electrodes Market Forecast 2022-2030
Market Report I 2022-09-12 I 148 Pages I Inkwood Research
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
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
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - MEDICAL ELECTRODES
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 4: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 5: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY DIAGNOSTICS MEDICAL ELECTRODES, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 6: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY DIAGNOSTICS MEDICAL ELECTRODES, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 7: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY THERAPEUTICS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 8: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY THERAPEUTICS, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 9: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 10: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY PRODUCT, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 11: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY USABILITY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 12: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY USABILITY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 13: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 14: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 15: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 16: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 17: LEADING PLAYERS OPERATING IN NORTH AMERICA MEDICAL ELECTRODES MARKET
TABLE 18: LIST OF MERGERS & ACQUISITIONS
TABLE 19: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 20: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 21: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: NORTH AMERICA MEDICAL ELECTRODES MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021
FIGURE 7: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY DIAGNOSTICS MEDICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 8: NORTH AMERICA MEDICAL ELECTRODES MARKET, GROWTH POTENTIAL, BY DIAGNOSTICS, IN 2021
FIGURE 9: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY ELECTROCARDIOGRAM, 2022-2030 (IN $ MILLION)
FIGURE 10: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY EEG, 2022-2030 (IN $ MILLION)
FIGURE 11: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY ELECTROMYOGRAM, 2022-2030 (IN $ MILLION)
FIGURE 12: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY ELECTRORETINOGRAM, 2022-2030 (IN $ MILLION)
FIGURE 13: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY FETAL SCALP, 2022-2030 (IN $ MILLION)
FIGURE 14: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY OTHER DIAGNOSTICS, 2022-2030 (IN $ MILLION)
FIGURE 15: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY THERAPEUTIC MEDICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 16: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY PACEMAKERS, 2022-2030 (IN $ MILLION)
FIGURE 17: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY TRANSCUTANEOUS ELECTRICAL NERVE STIMULATORS, 2022-2030 (IN $ MILLION)
FIGURE 18: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY DEFIBRILLATORS, 2022-2030 (IN $ MILLION)
FIGURE 19: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY ELECTROSURGICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 20: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY OTHER THERAPEUTICS, 2022-2030 (IN $ MILLION)
FIGURE 21: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY SURFACE ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 22: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY NEEDLE ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 23: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY DISPOSABLE MEDICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 24: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY REUSABLE MEDICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 25: NORTH AMERICA MEDICAL ELECTRODES MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021
FIGURE 26: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY CARDIOLOGY, 2022-2030 (IN $ MILLION)
FIGURE 27: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY IOM, 2022-2030 (IN $ MILLION)
FIGURE 28: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY NEUROPHYSIOLOGY, 2022-2030 (IN $ MILLION)
FIGURE 29: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY SLEEP DISORDERS, 2022-2030 (IN $ MILLION)
FIGURE 30: NORTH AMERICA MEDICAL ELECTRODES MARKET, BY OTHER APPLICATIONS, 2022-2030 (IN $ MILLION)
FIGURE 31: NORTH AMERICA MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 32: UNITED STATES MEDICAL ELECTRODES MARKET, 2022-2030 (IN $ MILLION)
FIGURE 33: CANADA MEDICAL ELECTRODES MARKET, 2022-2030 (IN $ MILLION)
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