The Europe Medical Electrodes Market would witness market growth of 3.2% CAGR during the forecast period (2022-2028).
Electrodes are necessary parts for the recording and processing of EP signals. On-skin electrodes have gotten a lot of interest lately because of the recent boom in flexible electronics. On-skin electrodes are a promising alternative to Ag/AgCl electrodes as a result of ongoing improvements. These electrodes have specifically attained great stretchability, sufficient to guarantee high-fidelity measurements throughout the significant human motion.
These electrodes are effective in establishing comfortable and compliant interfaces with skin, minimizing measuring impedance, and boosting signal-to-noise ratio (SNR) due to their ultralow thickness and skin-matched modulus. Emerging on-skin electrodes show impressive qualities in wearable and mobile applications for personalized healthcare and HMI by integrating with wireless and power communication modules to construct standalone systems.
Due to an increase in the average global life expectancy and a surge in population growth, statistics on the prevalence of severe and chronic diseases have increased exponentially during the past ten years. For instance, cardiovascular disease is a major cause of disability and fatalities globally, according to reports from the World Health Organization (WHO).
Non-communicable diseases, Aging populations, multimorbidity, and frailty in Europe made COVID-19 relevant. A regional survey found that Finland, Portugal, Italy, Greece, and Germany had the most elderly citizens. In these countries, older adults have disabilities on average, according to the survey. The region's CVD burden goes beyond mortality. Eastern Europe has a higher incidence of the disease/disorder. Rising hospitalization rates suggest CVD costs are increasing.
The Germany market dominated the Europe Medical Electrodes Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $134 Million by 2028.The UK market is anticipated to grow at a CAGR of 2.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 3.9% during (2022 - 2028).
Based on Product Type, the market is segmented into Surface Electrodes and Needle Electrodes. Based on Modality, the market is segmented into Electrocardiography (ECG), Electroencephalography (EEG), Electromyography (EMG), Brainstem Auditory Evoked Potentials (BAEPs) and Others. Based on Application, the market is segmented into Cardiology, Neurophysiology, Electrosurgery, Intraoperative Monitoring (IOM) and Sleep Study. Based on Cardiology Type, the market is segmented into Stress Test ECG, Neonatal ECG, Long-term Monitoring ECG, Short-term Monitoring ECG and Resting ECG. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Medical Electrodes Market will Hit $2 Billion by 2028, at a CAGR of 3.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Medtronic PLC, Koninklijke Philips N.V., ConMed Corporation, Becton, Dickinson and Company, Natus Medical Incorporated, Ambu A/S, Cognionics, Inc., CooperSurgical, Inc., and Dymedix Diagnostics.
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