TechNavio recognizes the following companies as the key players in the Global Medical Electrodes Market: 3M Corp., Ambu A/S, Cardinal Health Inc., CR Bard Inc., ConMed Corp., and Covidien plc
Commenting on the report, an analyst from TechNavio’s team said: “Reusable electrodes present risks of cross contamination leading to hospital acquired infections. Commonly referred to as nosocomial infections, these infections affect about 1.7 million of the US population every year causing the death of roughly 99,000 people. Hence, medical device equipment employing electrodes needs to be replaced to avoid hospital acquired infections. Thus, the market is currently witnessing a shift toward increase in the use of disposable electrodes. These electrodes could be used for about a week or more before discarding them. They are cost effective and flexible for use in patients. This trend is in turn expected to drive the growth of the Global Medical Device Electrodes market.”
According to the report, one of the major drivers in this market is the increase in the aging population. The rising aging population is contributing toward an increase in usage of medical devices. This in turn is driving the growth of the Global Medical Device Electrodes market.
Further, the report states that one of the main challenges in this market is pricing pressures. Fluctuations in the price of metals and by-products of petrol such as plastic could affect the price rate of the supplies within the supply chain.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-medical-electrodes-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Medical Electrodes Market 2014-2018
