Friday, 13 September 2013

Electrodes for Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast (2013 - 2019)

The electrodes used in medical devices transfer the ionic current energy into electrical current in the body. These currents can be amplified and have proved to be helpful in diagnosing various diseases. Medical electrodes comprises of a lead, metal and electrode conducting paste. Medical electrodes proceed with quantification of internal ionic currents and results in diagnosis of various ocular, nervous, cardiac and muscular disorders. The device works through provision of an electrical contact between apparatus used to monitor activities and patient.  

The electrodes used in medical devices can be segmented as reusable disc, disposable, headbands and saline based electrodes. In addition, the electrodes can also be classified based on their applications such as ECG Electrodes, Blood Gas Electrodes, EEG/EMG/ENG Electrodes and Defibrillator Electrodes. Moreover, they can also be sub segmented as Fetal Scalp Electrodes, Electrosurgical Electrodes, TENS Electrodes, Pacemaker Electrodes, pH Electrodes, Nasopharyngeal Electrodes and Ion-selective Electrodes.

Rise in electrode applications through use of nanotechnology is augmenting the demand of electrode in various medical applications. Nanotechnology has supported the through miniaturization of these devices and making it portable.  In addition, the U.S. major government agencies such as National Eye Institute (NEI), National Science Foundation (NSF) and Department of Energy (DE) are supporting the R&D for this sector by increased government funding. The diseases treated with help of these devices include Parkinson’s disease, Alzheimer’s disease, sinus, body ache and others. Rise in incidences of these diseases would boost the demand of electrode medical devices worldwide. Moreover, the treatment through this device is of minimally invasive nature and has proved to propel the growth of this market substantially. In the U.S., the medical reimbursement policies include major medical electrodes which would also augment the growth of this market.

Some of the major players in electrodes for medical devices market include 3M Corporation, ZOLL Medical Corporation, Prosurg Inc., C.R Bard Inc., CONMED Corporation, Covidien and other significant players around the globe.

More reports on Medical Devices market:

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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