Medical Electrodes Market worth 732.4 Million USD by 2022

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MarketsandMarkets Presents

• Medical Electrodes Market- Global Forecasts to
  2022

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• The medical electrodes market is expected to
  reach USD 732.4 Million by 2022 from USD 583.2
  Million in 2017, at a CAGR of 4.7. A number of
  factors such as rising incidence and prevalence
  of neurological and cardiovascular disorders,
  increasing investments in medical device
  research, and growing preference for home and
  ambulatory healthcare are driving the growth of
  this market. In addition, emerging markets such
  as China, India, and Brazil are expected to offer
  significant growth opportunities for players
  operating in the market.
• Based on the diagnostic procedures the market is
  segmented into electrocardiography (ECG),
  electroencephalography (EEG), electromyography
  (EMG), and other procedures electroretinography
  (ERG) and electrooculography (EOG).
  Electrocardiography dominated the market in 2016
  and to grow at highest CAGR during the forecast
  period. The rising prevalence of CVD, increasing
  incidence of arrhythmias, and technological
  advancements in ECG electrodes are the major
  factors supporting the growth of the diagnostic
  medical electrodes market for ECG.

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http//www.marketsandmarkets.com/Market-Repor
ts/medical-electrode-market-171260948.html Thi
s report segments the medical electrodes market
is segmented based on usability, technology,
diagnostic procedure, application, and region.
Based on usability, the market is segmented into
disposable and reusable electrodes. The
disposable electrodes segment is expected to
account for the largest market share in 2016. On
the basis of technology, the market is further
divided into wet electrodes, dry electrodes, and
needle electrodes. The dry electrodes segment is
expected to register the highest CAGR during the
forecast period.
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• On the basis of application, the market is
  further segmented into cardiology,
  neurophysiology, sleep disorders, intraoperative
  monitoring, and other applications. The
  cardiology segment is expected to witness the
  highest growth in the forecast period. The large
  share of this segment can primarily be attributed
  to factors such as the increasing prevalence of
  cardiovascular diseases (CVD), growing geriatric
  population, rising cardiovascular health
  awareness, and technological innovations in
  diagnostics tools and monitoring techniques.
• In 2017, North America is expected to dominate
  the market. Factors such as growing focus on
  innovative technologies, rising geriatric
  population, and increasing awareness about the
  benefits of early disease diagnosis and high
  healthcare expenditure in the US and Canada are
  the major factors supporting the growth of this
  market.
• Prominent players in the market include 3M
  Company (US), Medtronic (Ireland), Ambu (US),
  Natus Medical Incorporated (US), Rhythmlink
  International, LLC (US), Koninklijke Philips N.V.
  (Netherlands), Cognionics, Inc. (US), CONMED
  Corporation (US), Leonhard Lang GmbH (acquired by
  DCC plc), and Nihon Kohden Corporation (Japan).

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