This Electrocardiography (ECG) Disposable Medical Electrodes market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The electrocardiography (ECG) disposable medical electrodes market size has grown steadily in recent years. It will grow from $3.03 billion in 2023 to $3.17 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth during the historical period can be attributed to the increasing use of devices in ambulatory and homecare settings, the rise of telemedicine and remote patient monitoring technologies, a growing demand for infection control, the rising demand for the miniaturization of medical devices, and an increase in health awareness.
The electrocardiography (ECG) disposable medical electrodes market size is expected to see steady growth in the next few years. It will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The projected growth during the forecast period can be attributed to the increasing number of elderly individuals, the rising incidence of cardiovascular disorders, a heightened need for efficient diagnostic instruments, growing demand for infection control, and increasing healthcare expenditures. Key trends expected during this period include technological advancements, innovative solutions in cardiac monitoring, product innovations, the integration of artificial intelligence (AI) in healthcare, and advancements in medical devices.
The rising incidence of cardiovascular disorders is anticipated to drive the growth of the electrocardiography (ECG) disposable medical electrodes market in the future. Cardiovascular disorders, commonly known as cardiovascular disease (CVD), encompass a wide range of conditions affecting the heart and blood vessels. Common cardiovascular diseases include coronary artery disease (CAD), hypertension (high blood pressure), heart failure, arrhythmias, peripheral artery disease (PAD), and cardiomyopathy, among others. The increasing prevalence of these disorders can be attributed to various factors such as physical inactivity, poor diet, smoking, and genetic or biological influences. ECG disposable medical electrodes provide significant advantages by ensuring accurate and reliable cardiac monitoring. Their single-use design reduces the risk of cross-contamination, enhancing patient safety while ensuring consistent performance in both routine and emergency situations, thereby improving the overall quality of cardiovascular care. For instance, in July 2023, the Society for Cardiovascular Angiography and Interventions, a US-based organization, reported that peripheral artery disease (PAD) affects 8-10 million Americans annually, with projections indicating that 19 million Americans could have PAD by 2050. As a result, the growing incidence of cardiovascular disorders is propelling the demand for ECG disposable medical electrodes.
Leading companies in the ECG disposable medical electrodes market are concentrating on developing innovative technologies, such as conductive fabric technology, which involves integrating electrically conductive materials into textiles to enable them to conduct electricity. This technology typically involves weaving or embedding conductive fibers, threads, or coatings into traditional fabrics. For example, in December 2023, Nahtlos AG, a Switzerland-based company, introduced the medically certified Nahtlos Durastrip, an ECG electrode patch designed for move-sense sensors and certified as an MDR (EU 2017/745) class I medical device. The Durastrip employs unique conductive fabric technology along with a specialized humidification method, helping to maintain adhesion and signal integrity over extended periods, making it suitable for multi-day monitoring.
In March 2023, Graham Company, a US-based insurance firm, acquired Rhythmlink International LLC for an undisclosed amount. This acquisition aims to strengthen Graham's position in the medical technology and neurodiagnostics markets. Rhythmlink International LLC is a US-based manufacturer of ECG disposable medical electrodes.
Major companies operating in the electrocardiography (ECG) disposable medical electrodes market are Cardinal Health Inc., Koninklijke Philips N.V., GE HealthCare Technologies Inc., Medline Industries LP, ZOLL Medical Corporation, Nissha Medical Technologies Ltd., ConMed Corporation, Ambu A/S, BPL Medical Technologies, AD Instruments, Graham Partners Inc., Medico Electrodes International Limited, Narang Medical Limited, Vitalograph Ltd., Leonhard Lang GmbH, Bio-Protech Inc., Intelesens Ltd., Fazzini S.r.l., Danlee Medical Products Inc., LUMED Srl.
North America was the largest region in the electrocardiography (ECG) disposable medical electrodes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electrocardiography (ECG) disposable medical electrodes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the electrocardiography (ECG) disposable medical electrodes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Electrocardiography (ECG) disposable medical electrodes are single-use devices specifically designed to detect and record the electrical activity of the heart. These electrodes are typically adhesive patches applied to the skin, commonly on the chest, arms, and legs. They function by capturing the heart's electrical signals and transmitting them to an ECG machine for further analysis.
The primary types of ECG disposable medical electrodes include pre-gelled electrodes, dry electrodes, and wet electrodes. Pre-gelled electrodes feature a gel already applied to their surface to enhance electrical conductivity and minimize skin irritation. Various technologies employed in these electrodes include electrochemical technology and printed electronics. They find applications in several areas, such as cardiology, ambulatory monitoring, Holter monitoring, and stress testing.
The electrocardiography (ECG) disposable medical electrodes market research report is one of a series of new reports that provides electrocardiography (ECG) disposable medical electrodes market statistics, including electrocardiography (ECG) disposable medical electrodes industry global market size, regional shares, competitors with electrocardiography (ECG) disposable medical electrodes market share, detailed electrocardiography (ECG) disposable medical electrodes market segments, market trends and opportunities, and any further data you may need to thrive in the electrocardiography (ECG) disposable medical electrodes industry. This electrocardiography (ECG) disposable medical electrodes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electrocardiography (ECG) disposable medical electrodes market consists of sales of foam electrodes, cloth electrodes, and tape electrodes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The electrocardiography (ECG) disposable medical electrodes market size has grown steadily in recent years. It will grow from $3.03 billion in 2023 to $3.17 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth during the historical period can be attributed to the increasing use of devices in ambulatory and homecare settings, the rise of telemedicine and remote patient monitoring technologies, a growing demand for infection control, the rising demand for the miniaturization of medical devices, and an increase in health awareness.
The electrocardiography (ECG) disposable medical electrodes market size is expected to see steady growth in the next few years. It will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The projected growth during the forecast period can be attributed to the increasing number of elderly individuals, the rising incidence of cardiovascular disorders, a heightened need for efficient diagnostic instruments, growing demand for infection control, and increasing healthcare expenditures. Key trends expected during this period include technological advancements, innovative solutions in cardiac monitoring, product innovations, the integration of artificial intelligence (AI) in healthcare, and advancements in medical devices.
The rising incidence of cardiovascular disorders is anticipated to drive the growth of the electrocardiography (ECG) disposable medical electrodes market in the future. Cardiovascular disorders, commonly known as cardiovascular disease (CVD), encompass a wide range of conditions affecting the heart and blood vessels. Common cardiovascular diseases include coronary artery disease (CAD), hypertension (high blood pressure), heart failure, arrhythmias, peripheral artery disease (PAD), and cardiomyopathy, among others. The increasing prevalence of these disorders can be attributed to various factors such as physical inactivity, poor diet, smoking, and genetic or biological influences. ECG disposable medical electrodes provide significant advantages by ensuring accurate and reliable cardiac monitoring. Their single-use design reduces the risk of cross-contamination, enhancing patient safety while ensuring consistent performance in both routine and emergency situations, thereby improving the overall quality of cardiovascular care. For instance, in July 2023, the Society for Cardiovascular Angiography and Interventions, a US-based organization, reported that peripheral artery disease (PAD) affects 8-10 million Americans annually, with projections indicating that 19 million Americans could have PAD by 2050. As a result, the growing incidence of cardiovascular disorders is propelling the demand for ECG disposable medical electrodes.
Leading companies in the ECG disposable medical electrodes market are concentrating on developing innovative technologies, such as conductive fabric technology, which involves integrating electrically conductive materials into textiles to enable them to conduct electricity. This technology typically involves weaving or embedding conductive fibers, threads, or coatings into traditional fabrics. For example, in December 2023, Nahtlos AG, a Switzerland-based company, introduced the medically certified Nahtlos Durastrip, an ECG electrode patch designed for move-sense sensors and certified as an MDR (EU 2017/745) class I medical device. The Durastrip employs unique conductive fabric technology along with a specialized humidification method, helping to maintain adhesion and signal integrity over extended periods, making it suitable for multi-day monitoring.
In March 2023, Graham Company, a US-based insurance firm, acquired Rhythmlink International LLC for an undisclosed amount. This acquisition aims to strengthen Graham's position in the medical technology and neurodiagnostics markets. Rhythmlink International LLC is a US-based manufacturer of ECG disposable medical electrodes.
Major companies operating in the electrocardiography (ECG) disposable medical electrodes market are Cardinal Health Inc., Koninklijke Philips N.V., GE HealthCare Technologies Inc., Medline Industries LP, ZOLL Medical Corporation, Nissha Medical Technologies Ltd., ConMed Corporation, Ambu A/S, BPL Medical Technologies, AD Instruments, Graham Partners Inc., Medico Electrodes International Limited, Narang Medical Limited, Vitalograph Ltd., Leonhard Lang GmbH, Bio-Protech Inc., Intelesens Ltd., Fazzini S.r.l., Danlee Medical Products Inc., LUMED Srl.
North America was the largest region in the electrocardiography (ECG) disposable medical electrodes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electrocardiography (ECG) disposable medical electrodes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the electrocardiography (ECG) disposable medical electrodes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Electrocardiography (ECG) disposable medical electrodes are single-use devices specifically designed to detect and record the electrical activity of the heart. These electrodes are typically adhesive patches applied to the skin, commonly on the chest, arms, and legs. They function by capturing the heart's electrical signals and transmitting them to an ECG machine for further analysis.
The primary types of ECG disposable medical electrodes include pre-gelled electrodes, dry electrodes, and wet electrodes. Pre-gelled electrodes feature a gel already applied to their surface to enhance electrical conductivity and minimize skin irritation. Various technologies employed in these electrodes include electrochemical technology and printed electronics. They find applications in several areas, such as cardiology, ambulatory monitoring, Holter monitoring, and stress testing.
The electrocardiography (ECG) disposable medical electrodes market research report is one of a series of new reports that provides electrocardiography (ECG) disposable medical electrodes market statistics, including electrocardiography (ECG) disposable medical electrodes industry global market size, regional shares, competitors with electrocardiography (ECG) disposable medical electrodes market share, detailed electrocardiography (ECG) disposable medical electrodes market segments, market trends and opportunities, and any further data you may need to thrive in the electrocardiography (ECG) disposable medical electrodes industry. This electrocardiography (ECG) disposable medical electrodes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electrocardiography (ECG) disposable medical electrodes market consists of sales of foam electrodes, cloth electrodes, and tape electrodes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Electrocardiography (ECG) Disposable Medical Electrodes Market Characteristics3. Electrocardiography (ECG) Disposable Medical Electrodes Market Trends and Strategies32. Global Electrocardiography (ECG) Disposable Medical Electrodes Market Competitive Benchmarking33. Global Electrocardiography (ECG) Disposable Medical Electrodes Market Competitive Dashboard34. Key Mergers and Acquisitions in the Electrocardiography (ECG) Disposable Medical Electrodes Market
4. Electrocardiography (ECG) Disposable Medical Electrodes Market - Macro Economic Scenario
5. Global Electrocardiography (ECG) Disposable Medical Electrodes Market Size and Growth
6. Electrocardiography (ECG) Disposable Medical Electrodes Market Segmentation
7. Electrocardiography (ECG) Disposable Medical Electrodes Market Regional and Country Analysis
8. Asia-Pacific Electrocardiography (ECG) Disposable Medical Electrodes Market
9. China Electrocardiography (ECG) Disposable Medical Electrodes Market
10. India Electrocardiography (ECG) Disposable Medical Electrodes Market
11. Japan Electrocardiography (ECG) Disposable Medical Electrodes Market
12. Australia Electrocardiography (ECG) Disposable Medical Electrodes Market
13. Indonesia Electrocardiography (ECG) Disposable Medical Electrodes Market
14. South Korea Electrocardiography (ECG) Disposable Medical Electrodes Market
15. Western Europe Electrocardiography (ECG) Disposable Medical Electrodes Market
16. UK Electrocardiography (ECG) Disposable Medical Electrodes Market
17. Germany Electrocardiography (ECG) Disposable Medical Electrodes Market
18. France Electrocardiography (ECG) Disposable Medical Electrodes Market
19. Italy Electrocardiography (ECG) Disposable Medical Electrodes Market
20. Spain Electrocardiography (ECG) Disposable Medical Electrodes Market
21. Eastern Europe Electrocardiography (ECG) Disposable Medical Electrodes Market
22. Russia Electrocardiography (ECG) Disposable Medical Electrodes Market
23. North America Electrocardiography (ECG) Disposable Medical Electrodes Market
24. USA Electrocardiography (ECG) Disposable Medical Electrodes Market
25. Canada Electrocardiography (ECG) Disposable Medical Electrodes Market
26. South America Electrocardiography (ECG) Disposable Medical Electrodes Market
27. Brazil Electrocardiography (ECG) Disposable Medical Electrodes Market
28. Middle East Electrocardiography (ECG) Disposable Medical Electrodes Market
29. Africa Electrocardiography (ECG) Disposable Medical Electrodes Market
30. Electrocardiography (ECG) Disposable Medical Electrodes Market Competitive Landscape and Company Profiles
31. Electrocardiography (ECG) Disposable Medical Electrodes Market Other Major and Innovative Companies
35. Electrocardiography (ECG) Disposable Medical Electrodes Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Electrocardiography (ECG) Disposable Medical Electrodes Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on electrocardiography (ECG) disposable medical electrodes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Benchmark performance against key competitors.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for electrocardiography (ECG) disposable medical electrodes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The electrocardiography (ECG) disposable medical electrodes market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- the impact of higher inflation in many countries and the resulting spike in interest rates.
- the continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Pre-Gelled Electrodes; Dry Electrodes; Wet Electrodes2) by Technology: Electrochemical Technology; Printed Electronics
3) by Application: Cardiology; Ambulatory Monitoring; Holter Monitoring; Stress Testing
Key Companies Mentioned: Cardinal Health Inc.; Koninklijke Philips N.V.; GE HealthCare Technologies Inc.; Medline Industries LP; ZOLL Medical Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies profiled in this Electrocardiography (ECG) Disposable Medical Electrodes market report include:- Cardinal Health Inc.
- Koninklijke Philips N.V.
- GE HealthCare Technologies Inc.
- Medline Industries LP
- ZOLL Medical Corporation
- Nissha Medical Technologies Ltd.
- ConMed Corporation
- Ambu A/S
- BPL Medical Technologies
- AD Instruments
- Graham Partners Inc.
- Medico Electrodes International Limited
- Narang Medical Limited
- Vitalograph Ltd.
- Leonhard Lang GmbH
- Bio-Protech Inc.
- Intelesens Ltd.
- Fazzini S.r.l.
- Danlee Medical Products Inc.
- LUMED Srl
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | December 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.17 Billion |
Forecasted Market Value ( USD | $ 3.84 Billion |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |