Stratagem Market Insights

Medical Sensing Electrode Market Projections, Size, Trends and Forecast 2026 by Techniques, Key Companies and Regions(USA, Europe, Asia Pacific, Etc.)

Medical Sensing Electrode Market Poised to Garner Maximum Revenues by 2026

 

Seattle, WA -- (SBWIRE) -- 12/12/2019 -- In this report, the Asia-Pacific Medical Sensing Electrode market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026.

Electrodes are sensors used in electrocardiography (ECG) monitoring system to diagnose heart diseases. Increasing prevalence of cardiovascular diseases is expected to propel growth of Asia Pacific medical sensing electrode market. Electrode sensors are used in the health monitoring of patients suffering from cardiovascular diseases. According to cardiovascular diseases contributed to 28·1% of total deaths and 14·1% of total disability-adjusted life-years (DALYs) in India in 2016 compared with 15·2% and 6·9%, respectively, in 1990.

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Increasing R&D in medical sensing electrode is expected to boost growth of Asia Pacific medical sensing electrode market. For instance, in April 2019, researchers from Shanghai Jiao Tong University, China, reported fabrication of silver needle micro/nano electrodes with a laser-assisted pulling method and modification of electrode surface by electrochemical oxidation.

Major institutes in Asia Pacific are focused developing novel dry electrodes to conduct electrolyte-free EEG monitoring. For instance, in October 2019, researchers from Gwangju Institute of Science and Technology, reported development of a two-wired active spring-loaded dry electrode to conduct electrolyte-free EEG monitoring.

Increasing adoption of EEG monitoring is also expected to aid in growth of Asia Pacific medical sensing electrode market. EEG monitoring is used to diagnose conditions such as seizures, epilepsy, head injuries, dizziness, headaches, brain tumors and sleeping problems. Therefore, increasing incidence of brain tumors and epilepsy is also aiding in market growth. For instance, according to the study, 'Epilepsy in Asia: Disease burden, management barriers, and challenges' published in the journal Epilepsia in June 2018, 23 million people in Asia Pacific suffer from epilepsy.

Key players in the market are focused on adopting marketing strategies to enhance their market share. For instance, Dymedix Diagnostics announced to exhibit airflow and surface electrodes based on a revolutionary material called polyvinylidene fluoride (PVDF) at the World Sleep 2019.

Key players in the market are also focused on adopting collaboration and partnership strategies to expand their product portfolio. For instance, in September 2019, CHASM Advanced Materials entered into a partnership with Screentec, a leader in the printed electronics field.

Key Takeaways:

- Increasing prevalence of cardiovascular diseases is expected augment growth of Asia Pacific medical sensing electrode market

- Increasing adoption of EEG monitoring is also expected to aid in growth of the market

- Major players operating in Asia Pacific medical sensing electrode market include Medtronic, Koninklijke Philips N.V., Cognionics, Inc., Natus Medical Incorporated, 3M, Conmed Corporation, Rhythmlink International, LLC, Nihon Kohden Corporation, Compumedics Limited, G.Tec Medical Engineering GmbH, SOMNOmedics GmbH, NeuroSky, GE Healthcare, Johnson & Johnson, GSI Technologies, Olympus Corporation, Eschmann Equipment, and Stryker

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Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Medical Sensing Electrode for these regions, from 2014 to 2025 (forecast), including
--China
--Japan
--South Korea
--Taiwan
--India
--Southeast Asia
--Australia

On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into

By Usability
--Disposable Electrodes
--Reusable Electrodes

By Technology
--Wet Electrodes
--Dry Electrodes
--Needle Electrodes

By Procedure
--Electrocardiography (ECG)
--Electroencephalography (EEG)
--Electromyography (EMG)
--Other Procedures

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K Units), market share and growth rate of Medical Sensing Electrode for each application, including
--Cardiology
--Neurophysiology
--Sleep Disorders
--Intraoperative monitoring
--Other

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