Lewes, DE -- (SBWire) -- 07/15/2016 --Report forecast the global cardiology electrodes market to grow at a CAGR of 2.61% during the period 2016-2020.
Cardiology electrodes, composed of metal, lead, plastic, or cloth and electrode conducting gel, help convert ionic energy to electric current in the body and amplify the electric current for the diagnosis and treatment of diseases. These electrodes also help record the heart's electrical activity by placing them on the skin of the upper torso during ECG. This procedure helps diagnose cardiovascular diseases such as pulmonary embolism, cardiac murmurs, myocardial infarction, and cardiac dysrhythmias.
The report covers the present scenario and the growth prospects of the global cardiology electrodes market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of:
- Stress ECG electrodes
- Neonatal ECG electrodes
- Long-term monitoring ECG electrodes
- Resting ECG electrodes
- Short-term monitoring ECG electrodes
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, the rising prevalence of cardiovascular diseases increases the need for associated diagnostic devices such as ECG systems. Cardiology electrodes are an integral component of these devices. A rise in the volume of cardiovascular disease diagnostics will increase the demand and development of cardiology electrodes.
Further, the report states that competition in the market is intense due to the presence of a few well-established vendors and many new and small companies that offer similar products. This has led to price wars among vendors.
Global Cardiology Electrodes Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global Cardiology Electrodes Market: 3M Co., Ambu A/S, ConMed Corp., Leonhard Lang GmbH, and Medtronic plc.
Other Prominent Vendors in the market are: ADInstruments, Bio-Protech, Bio-Lead-Lok-B, Cardinal Health, Diagramm Halbach, GE Healthcare (a subsidiary of GE), Medtel, Medico Electrodes International, NIKOMED USA, Philips Healthcare, Qingdao Bright, Romsons Scientific & Surgical, VacuMed, VERMED, and Thought Technology.
Market driver
- Demand for cardiovascular disease diagnostics
- For a full, detailed list, view our report
Market challenge
- Pricing pressure
- For a full, detailed list, view our report
Market trend
- Development of dry electrodes
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 62 pages and 38 Exhibit "Global Cardiology Electrodes Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Medical electrodes: Overview, Global medical electrodes market, Cardiology electrodes: Market landscape, Market segmentation by application, Market segmentation of cardiology electrodes by usability, Market segmentation of cardiology electrodes by adhesion type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-cardiology-electrodes-market-2016-2020
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