Global Cardiology Electrodes Market is expected to foresee significant growth. North America to lead the growth!

The cardiology electrodes are the small devices that are used to collect the electrical signals sent by the heart and sent them to the electrocardiogram that analyze them and provides the ECG. The rising awareness among the people regarding the severity of cardiovascular diseases along with the rising investment in healthcare by the government and private institutions are the main reasons for the market growth of the cardiology electrodes. Furthermore, the rising number of cases of cardiac strokes is also an important factor contributing to the market growth of cardiology electrodes. For instance, about 697,000 people in the United States died from heart disease in 2020—that’s 1 in every 5 deaths.

The cardiology electrodes market is expected to grow at a steady rate of around 10% owing to the rising cases of cancer diseases.Major companies in the market offer include 3M, VectraCor Inc., ADInstruments Pty Ltd., Medico Electrodes International Ltd., Ambu A/S, and Asahi Kasei Corporation

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Based on the application, the market has been categorized into stress test ECG, neonatal ECG, long-term monitoring ECG, resting ECG, and short-term monitoring ECG. Among them, the neonatal category is expected to witness significant growth in the market during the forecast period. The rising number of preterm births is one of the main reasons for the growth of the neonatal ECG segment in the cardiology electrodes market. For instance, as per the WHO, an estimated 15 million babies are born too early every year. which is more than 1 in 10 babies. Approximately 1 million children die each year due to complications of preterm birth.

Based on usability, the market has been categorized into disposable medical electrodes and reusable medical electrodes. Among them, the disposable category is expected to witness significant growth in the market during the forecast period. These electrodes are available with the snap-connect lead wires which makes the diagnosis easier. Furthermore, the high stability and sensitivity of the electrodes to the electrical signals due to the presence of the gel in them is also an important reason for the growth of the disposable electrode segment.

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For a better understanding of the market adoption of the hyper scale data center industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is expected to experience the fastest growth in the electrode market due to the presence of well-established market players in the region along with the higher healthcare investments in the region. For instance, as per the Canadian Institute for Health Information, health spending represents 12.7% of Canada’s gross domestic product (GDP).

Some of the major players operating in the market include 3M, VectraCor Inc., ADInstruments Pty Ltd., Medico Electrodes International Ltd., Ambu A/S, Asahi Kasei Corporation, Cardinal Health, Nikomed USA Inc., CONMED Corporation, Leonhard Lang USA, Inc., and DCC Plc.

Global Cardiology Electrodes Market Segmentation

Market Insight, by Application

• · Stress Test ECG

Market Insight, by Usability

Market Insight, by Region

• North America
  • The United States
  • Canada
  • Rest of North America
• Europe
• Germany
• The United Kingdom
• France
• Italy
• Spain
• Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Rest of Asia-Pacific
• Rest of the World

Top Company Profiles

• 3M
• VectraCor Inc.
• ADInstruments Pty Ltd.
• Medico Electrodes International Ltd.
• Ambu A/S
• Asahi Kasei Corporation
• Cardinal Health
• Nikomed USA Inc.
• CONMED Corporation
• Leonhard Lang USA Inc.