The Europe medical electrodes market is expected to advance with a CAGR of 4.36% during the forecasting years of 2022 to 2030, acquiring a revenue share of $731.51 million by 2030.
EUROPE MEDICAL ELECTRODES MARKET FORECAST 2022-2030
Europe Medical Electrodes Market by Type (Diagnostics Medical Electrodes, Therapeutic Medical Electrodes) Market by Product (Surface Electrodes, Needle Electrodes) Market by Usability (Disposable Medical Electrodes, Reusable Medical Electrodes) Market by Application (Cardiology, Intraoperative Monitoring, Neurophysiology, Sleep Disorders, Other Applications) By Geography
The Europe medical electrodes market is expected to advance with a CAGR of 4.36% during the forecasting years of 2022 to 2030, acquiring a revenue share of $731.51 million by 2030.
The surging healthcare expenditure, increasing prevalence of cardiovascular diseases, and the rise in health consciousness are primarily credited to the market growth of the region. However, the Europe medical electrodes market growth is likely to be restrained due to the mounting costs of healthcare.
To know more about this report, request a free sample copy
The Europe medical electrodes market growth study covers a detailed analysis of the United Kingdom, Italy, Spain, Belgium, Nordic Countries, Germany, France, and Rest of Europe. The medical technology market in the United Kingdom is anticipated to generate a yearly turnover of around $30 million, as per the International Trade Administration (ITA). While the National Health Service accounts for around 85% of the country’s healthcare provision, the United States represents the supplier of leading diagnostic care products to the United Kingdom. On the other hand, the country’s geriatric populace is increased rapidly and is anticipated to reach more than 24% of the total population by the year 2046. Since the elderly are more likely to be impacted by cardiovascular diseases, the demand for medical electrodes is expected to increase in the United Kingdom over the upcoming years.
In terms of infrastructure, Germany has a robust healthcare system. Aligning with this, in 2021, the Federal Ministry of Education and Research announced an increment in its medical technology funding by $23.7 million in order to modernize the healthcare structure of the country. Moreover, Germany’s government also introduced the Medical Informatics funding scheme as a part of the Health Research Framework Program. The scheme aims to improve the exchange of information across various locations, thus enabling individuals to receive precise care. Therefore, these factors are anticipated to propel the medical electrodes market growth in Europe over the forecast period.
The Europe medical electrodes market is segmented into product, usability, application, and type. The usability segment comprises disposable medical electrodes and reusable medical electrodes. As the name indicates, disposable electrodes are characterized as single-use electrodes. They are preferred over reusable electrodes owing to the low initial cost. Moreover, since they are only used once, they eliminate the risk of cross-contamination between patients, in addition to minimizing the lengthy process of sterilization.
Conversely, needle electrodes are less prone to movement errors compared to surface electrodes. Besides, they also have lower impedances than surface electrodes since they make direct contact with sub-dermal tissues or intracellular fluids.
Top players operating in the Europe medical electrodes market include Ambu A/S, Koninklijke Philips NV, etc.
Koninklijke Philips NV, headquartered in the Netherlands, offers products and services in the avenue of patient monitoring, diagnostic imaging, image-guided therapy, as well as health informatics. The company’s business segments are classified into connected care, diagnostics and treatment, and personal health. Its products include diagnostic ECG, fluoroscopy, advanced molecular imaging, emergency care and resuscitation, computed tomography, hospital respiratory care, clinical informatics, and others.
The company’s Stress Testing System ST80i has a wireless design with bidirectional connectivity as well as decision-making tools that improve data review.
Report Synopsis
|
Report Scope |
Details |
| Market Forecast Years | 2022-2030 |
| Base Year | 2021 |
| Market Historical Years | 2018-2021 |
| Forecast Units | Revenue ($ Million) |
| Segment Analyzed | Product, Usability, Application, Type |
| Countries Analyzed | The United Kingdom, Germany, France, Italy, Spain, Belgium, Nordic Countries, and Rest of Europe |
| Companies Analyzed |
3M, ConMed Corporation, Medtronic PLC, Cardinal Health, Ambu A/S, Zoll Medical Corporation, Dymedix Diagnostics, Cognionics, Cooper Surgical, CR Bard, Rhythmlink International, Natus Medical Incorporated, Pepin Manufacturing, Medico Electrodes, Koninklijke Philips NV |
To request a free sample copy of this report, please complete the form below:
We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.
- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- INCREASING NUMBER OF NEUROLOGICAL AND CARDIOVASCULAR DISEASES
- RISING INVESTMENTS IN HEALTHCARE SECTOR
- GROWING PREFERENCE FOR HOME AND AMBULATORY HEALTHCARE SERVICES
- KEY RESTRAINTS
- GOVERNMENT REGULATIONS
- TIME-CONSUMING BIO-COMPATIBILITY TESTING
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON MEDICAL ELECTRODES MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- VALUE CHAIN ANALYSIS
- MANUFACTURING
- TECHNOLOGY INTEGRATION
- DISTRIBUTORS/SUPPLIERS
- END-USER
- REGULATORY FRAMEWORK
- MARKET BY TYPE
- DIAGNOSTICS MEDICAL ELECTRODES
- ELECTROCARDIOGRAM (ECG)
- ELECTROENCEPHALOGRAM (EEG)
- ELECTROMYOGRAM (EMG)
- ELECTRORETINOGRAM (ERG)
- FETAL SCALP
- OTHER DIAGNOSTICS
- THERAPEUTIC MEDICAL ELECTRODES
- PACEMAKERS
- TRANSCUTANEOUS ELECTRICAL NERVE STIMULATORS (TENS)
- DEFIBRILLATORS
- ELECTROSURGICAL ELECTRODES
- OTHER THERAPEUTICS
- DIAGNOSTICS MEDICAL ELECTRODES
- MARKET BY PRODUCT
- SURFACE ELECTRODES
- NEEDLE ELECTRODES
- MARKET BY USABILITY
- DISPOSABLE MEDICAL ELECTRODES
- REUSABLE MEDICAL ELECTRODES
- MARKET BY APPLICATION
- CARDIOLOGY
- INTRAOPERATIVE MONITORING (IOM)
- NEUROPHYSIOLOGY
- SLEEP DISORDERS
- OTHER APPLICATIONS
- GEOGRAPHICAL ANALYSIS
- EUROPE
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- SPAIN
- NORDIC COUNTRIES
- REST OF EUROPE
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS & DIVESTITURES
- COMPANY PROFILES
- 3M
- AMBU A/S
- CARDINAL HEALTH
- COGNIONICS INC
- CONMED CORPORATION
- COOPER SURGICAL
- CR BARD
- DYMEDIX DIAGNOSTICS
- KONINKLIJKE PHILIPS NV
- MEDICO ELECTRODES
- MEDTRONIC PLC
- NATUS MEDICAL INCORPORATED
- PEPIN MANUFACTURING INC
- RHYTHMLINK INTERNATIONAL
- ZOLL MEDICAL CORPORATION
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – MEDICAL ELECTRODES
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: EUROPE MEDICAL ELECTRODES MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 4: EUROPE MEDICAL ELECTRODES MARKET, BY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 5: EUROPE MEDICAL ELECTRODES MARKET, BY DIAGNOSTICS MEDICAL ELECTRODES, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 6: EUROPE MEDICAL ELECTRODES MARKET, BY DIAGNOSTICS MEDICAL ELECTRODES, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 7: EUROPE MEDICAL ELECTRODES MARKET, BY THERAPEUTICS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 8: EUROPE MEDICAL ELECTRODES MARKET, BY THERAPEUTICS, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 9: EUROPE MEDICAL ELECTRODES MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 10: EUROPE MEDICAL ELECTRODES MARKET, BY PRODUCT, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 11: EUROPE MEDICAL ELECTRODES MARKET, BY USABILITY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 12: EUROPE MEDICAL ELECTRODES MARKET, BY USABILITY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 13: EUROPE MEDICAL ELECTRODES MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 14: EUROPE MEDICAL ELECTRODES MARKET, BY APPLICATION, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 15: EUROPE MEDICAL ELECTRODES MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)
TABLE 16: EUROPE MEDICAL ELECTRODES MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)
TABLE 17: LEADING PLAYERS OPERATING IN EUROPE MEDICAL ELECTRODES MARKET
TABLE 18: LIST OF MERGERS & ACQUISITIONS
TABLE 19: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 20: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 21: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: EUROPE MEDICAL ELECTRODES MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021
FIGURE 7: EUROPE MEDICAL ELECTRODES MARKET, BY DIAGNOSTICS MEDICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 8: EUROPE MEDICAL ELECTRODES MARKET, GROWTH POTENTIAL, BY DIAGNOSTICS, IN 2021
FIGURE 9: EUROPE MEDICAL ELECTRODES MARKET, BY ELECTROCARDIOGRAM, 2022-2030 (IN $ MILLION)
FIGURE 10: EUROPE MEDICAL ELECTRODES MARKET, BY EEG, 2022-2030 (IN $ MILLION)
FIGURE 11: EUROPE MEDICAL ELECTRODES MARKET, BY ELECTROMYOGRAM, 2022-2030 (IN $ MILLION)
FIGURE 12: EUROPE MEDICAL ELECTRODES MARKET, BY ELECTRORETINOGRAM, 2022-2030 (IN $ MILLION)
FIGURE 13: EUROPE MEDICAL ELECTRODES MARKET, BY FETAL SCALP, 2022-2030 (IN $ MILLION)
FIGURE 14: EUROPE MEDICAL ELECTRODES MARKET, BY OTHER DIAGNOSTICS, 2022-2030 (IN $ MILLION)
FIGURE 15: EUROPE MEDICAL ELECTRODES MARKET, BY THERAPEUTIC MEDICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 16: EUROPE MEDICAL ELECTRODES MARKET, BY PACEMAKERS, 2022-2030 (IN $ MILLION)
FIGURE 17: EUROPE MEDICAL ELECTRODES MARKET, BY TRANSCUTANEOUS ELECTRICAL NERVE STIMULATORS, 2022-2030 (IN $ MILLION)
FIGURE 18: EUROPE MEDICAL ELECTRODES MARKET, BY DEFIBRILLATORS, 2022-2030 (IN $ MILLION)
FIGURE 19: EUROPE MEDICAL ELECTRODES MARKET, BY ELECTROSURGICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 20: EUROPE MEDICAL ELECTRODES MARKET, BY OTHER THERAPEUTICS, 2022-2030 (IN $ MILLION)
FIGURE 21: EUROPE MEDICAL ELECTRODES MARKET, BY SURFACE ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 22: EUROPE MEDICAL ELECTRODES MARKET, BY NEEDLE ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 23: EUROPE MEDICAL ELECTRODES MARKET, BY DISPOSABLE MEDICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 24: EUROPE MEDICAL ELECTRODES MARKET, BY REUSABLE MEDICAL ELECTRODES, 2022-2030 (IN $ MILLION)
FIGURE 25: EUROPE MEDICAL ELECTRODES MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2021
FIGURE 26: EUROPE MEDICAL ELECTRODES MARKET, BY CARDIOLOGY, 2022-2030 (IN $ MILLION)
FIGURE 27: EUROPE MEDICAL ELECTRODES MARKET, BY IOM, 2022-2030 (IN $ MILLION)
FIGURE 28: EUROPE MEDICAL ELECTRODES MARKET, BY NEUROPHYSIOLOGY, 2022-2030 (IN $ MILLION)
FIGURE 29: EUROPE MEDICAL ELECTRODES MARKET, BY SLEEP DISORDERS, 2022-2030 (IN $ MILLION)
FIGURE 30: EUROPE MEDICAL ELECTRODES MARKET, BY OTHER APPLICATIONS, 2022-2030 (IN $ MILLION)
FIGURE 31: EUROPE MEDICAL ELECTRODES MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)
FIGURE 32: UNITED KINGDOM MEDICAL ELECTRODES MARKET, 2022-2030 (IN $ MILLION)
FIGURE 33: GERMANY MEDICAL ELECTRODES MARKET, 2022-2030 (IN $ MILLION)
FIGURE 34: FRANCE MEDICAL ELECTRODES MARKET, 2022-2030 (IN $ MILLION)
FIGURE 35: ITALY MEDICAL ELECTRODES MARKET, 2022-2030 (IN $ MILLION)
FIGURE 36: SPAIN MEDICAL ELECTRODES MARKET, 2022-2030 (IN $ MILLION)
FIGURE 37: NORDIC COUNTRIES MEDICAL ELECTRODES MARKET, 2022-2030 (IN $ MILLION)
FIGURE 38: REST OF EUROPE MEDICAL ELECTRODES MARKET, 2022-2030 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- SPAIN
- NORDIC COUNTRIES
- REST OF EUROPE
- EUROPE
- MARKET BY TYPE
- DIAGNOSTICS MEDICAL ELECTRODES
- ELECTROCARDIOGRAM (ECG)
- ELECTROENCEPHALOGRAM (EEG)
- ELECTROMYOGRAM (EMG)
- ELECTRORETINOGRAM (ERG)
- FETAL SCALP
- OTHER DIAGNOSTICS
- THERAPEUTIC MEDICAL ELECTRODES
- PACEMAKERS
- TRANSCUTANEOUS ELECTRICAL NERVE STIMULATORS (TENS)
- DEFIBRILLATORS
- ELECTROSURGICAL ELECTRODES
- OTHER THERAPEUTICS
- DIAGNOSTICS MEDICAL ELECTRODES
- MARKET BY PRODUCT
- SURFACE ELECTRODES
- NEEDLE ELECTRODES
- MARKET BY USABILITY
- DISPOSABLE MEDICAL ELECTRODES
- REUSABLE MEDICAL ELECTRODES
- MARKET BY APPLICATION
- CARDIOLOGY
- INTRAOPERATIVE MONITORING (IOM)
- NEUROPHYSIOLOGY
- SLEEP DISORDERS
- OTHER APPLICATIONS
To request a free sample copy of this report, please complete the form below :
We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.