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An electrical impulse is generated in the human heart to maintain proper pumping of blood from the heart to the body cells. This electrical impulse can be measured to detect if there is any disruption of blood flow inside the human body. Cardiology electrodes are small plastic like patches that are placed on the skin of chest, legs, and arms, and are connected to an electrocardiogram (ECG) machine using lead wires. ECG machine analyzes these signals to produce an electrocardiogram which represents the electrical activity of heart and is used to diagnose cardiovascular events such as heart failure, heart attack, irregular heartbeat, endocarditis, and others. Cardiology electrodes are an essential component for checking if a pacemaker is placed in the correct position and also to determine if the medicines used for treatment of a heart disease are working properly. For instance, 3M, a U.S. based conglomerate corporation offers 3M Red Dot monitoring neonatal electrodes which are prewired and made of soft cloth to be used for ECG monitoring in new born babies.

Global Cardiology Electrodes Market - Impact of the Coronavirus (COVID-19) Pandemic

Coronavirus (COVID-19) outbreak was first reported on December 31, 2019, in Wuhan, China. The World Health Organization declared COVID-19, as pandemic on March 11, 2020.

According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 186,240,393 cases and 4,027,861 deaths due to coronavirus disease (COVID-19) were reported till July 11, 2021, across the globe.

Impact of COVID-19 on Demand and Supply of Cardiology Electrodes

The COVID-19 pandemic and lockdown in various countries across the globe has impacted the financial status of businesses across all sectors. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry mainly due to strict lockdown in several regions. However, the demand for cardiology electrodes is expected to increase in this COVID-19 pandemic owing to need of diagnostic tools such as ECG electrodes for diagnosis and management of heart disease in COVID-19 patients.

For instance, according to an article published by NCBI (National Center for Biotechnology Information) in March 2021, COVID-19 may lead to cardiac events such as myocarditis, arrhythmia, acute coronary syndrome, and others. SARS-CoV-2, the causative agent of COVID-19 infection is involved in inducing plaque rupture in blood vessels which leads to acute coronary syndrome and ischemia. The same study also reveals that pre-existing heart conditions become more severe due to COVID-19 infection. Thus, cardiology electrodes become a critical diagnostic tool to be used for checking the health of heart in COVID-19 positive patients and help prevent fatalities. This is expected to fuel the growth of global cardiology electrodes market during the pandemic.

The global cardiology electrodes market is estimated to be valued at US$ 76.8 Mn in 2021, and is expected to exhibit a CAGR of 4.5% over the forecast period (2021-2028).

Figure 1: Global Cardiology Electrodes Market Share (%) Analysis, By Order Type, 2021

Cardiology Electrodes  | Coherent Market Insights

The increasing cases of cardiovascular diseases is the major factor that is expected to drive the market growth over the forecast period.

Rising cases of cardiovascular diseases is expected to drive growth of the global cardiology electrodes market during the forecast period. For instance, according to an article published by the National Centers for Biotechnology Information in July 2020, there is an increasing prevalence of Ischemic heart disease across the globe, as it affects 1,655 per 100,000 individuals, which may rise up to 1,845 per 100,000 individuals by the year 2030.

The rising number of product launches and approvals is expected to fuel the growth of global cardiology electrodes market over the forecast period. For instance, in December 2018, Nissha Co., Ltd., a Japanese medical device company launched its new product line called Vermed Claravue electrodes. These cardiology electrodes are prewired disposable ECG electrodes which can be used in medical applications such as cardiology.

Rapid research and development activities by market players has led to advancement of cardiology electrodes, this is expected to fuel the growth of global cardiology electrodes market over the forecast period. For instance, in February 2021, QT Medical Inc., a U.S. based medical device company developed a new electrode based ECG wherein the wire leads are completely eliminated to reduce contact transmission during COVID-19 pandemic.

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Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 76.8 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 4.5% 2028 Value Projection: US$ 104.5 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Product: Resting ECG Electrodes, Short-term Monitoring ECG Electrodes, Long-term Monitoring ECG Electrodes, Stress Test ECG Electrodes, Neonatal ECG Electrodes
  • By Procedure: Electrocardiography (ECG), Electroencephalography (EEG), Electromyography (EMG), Others
  • By Order Type: Sticky Gel Cardiology Electrodes, Wet Gel Cardiology Electrodes, Dry Cardiology Electrodes, Solid Gel Cardiology Electrodes
  • By Usability: Disposable Medical Electrodes, Reusable Medical Electrodes
  • By Application: Stress Test ECG, Neonatal ECG, Long-term Monitoring ECG, Resting ECG, Short-term Monitoring EGG
Companies covered:

3M, VectraCor Inc., ADInstruments Pty Ltd., Medico Electrodes International Ltd., Ambu A/S, Asahi Kasei Corporation, Cardinal Health, Nikomed USA Inc., CONMED Corporation, Leonhard Lang USA, Inc., DCC Plc., General Electric Co., Koninklijke Philips N.V., Nissha Co. Ltd., Bio-Protech Inc., and Diagramm Halbach GmbH & Co. KG

Growth Drivers:
  • Increasing prevalence of cardiovascular diseases
  • Increasing product launches and approvals
  • Rapid research and development activities by market players
Restraints & Challenges:
  • Increasing product recalls
  • Complications related to usage of cardiology electrodes

Global Cardiology electrodes Market – Restraints

However, growth of the global cardiology electrodes market may be hampered, owing to the increasing product recalls, and complications related to usage of cardiology electrodes. For instance, in February 2021, Boston Scientific Corporation, a U.S. medical device company recalled its product EMBLEM S-ICD Subcutaneous Electrode which is planted under the skin of chest to control irregular heartbeat. This product was recalled due to an increased risk of breakage during usage, which would lead to failure of this medical device and may lead to fatality due to cardiovascular diseases.

Global Cardiology electrodes Market – Regional Analysis

On the basis of region, the global cardiology electrodes market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected to hold dominant position in the global cardiology electrodes market over the forecast period, owing to rising healthcare funding by the U.S. government to manage cardiovascular diseases is expected to fuel the market growth of cardiology electrodes. For instance, in 2018, the National Institutes of Health (NIH), U.S made an investment of US$ 2.3 billion for R&D (Research & Development) related to cardiovascular diseases for proper management and early treatment of cardiovascular diseases.

Europe is expected to show rapid growth in the global cardiology electrodes market over the forecast period, owing to high prevalence of cardiovascular diseases such as heart attack, stroke, heart fail, and others. For instance, according to the Heart Disease and Stroke Statistics 2020 by the American Heart Association, Europe is one of the major region where Ischemic heart disease is highly prevalent.

Figure 2: Global Cardiology Electrodes Market Value (US$ Mn), by Region, 2021

Cardiology Electrodes  | Coherent Market Insights

Global Cardiology Electrodes Market – Competitive Landscape

Major players operating in the global cardiology electrodes market include 3M, VectraCor Inc., ADInstruments Pty Ltd., Medico Electrodes International Ltd., Ambu A/S, Asahi Kasei Corporation, Cardinal Health, Nikomed USA Inc., CONMED Corporation, Leonhard Lang USA, Inc., DCC Plc., General Electric Co., Koninklijke Philips N.V., Nissha Co. Ltd., Bio-Protech Inc., and Diagramm Halbach GmbH & Co. KG

Cardiology electrodes are conductive pads that are attached to the body to receive electrical signals from the heart. These electrodes pads are sticker-like and are usually placed on limbs and chest to monitor heart activity. Charged ions such as Na+, Ca2+, K+, and others are responsible for generating an electrical impulse in the heart that can be measured by an electrode. ECG machine detects, analyzes, amplifies, and presents the signals generated by two or more electrodes into a readable format. The graphical representation of electrical signals generated by several electrodes is known as electrocardiogram (ECG) lead and the procedure of generating an electrocardiogram is known as electrocardiography. ECG led can be presented in the form of a diagram to help understand if the person is suffering from any cardiac event such as arrhythmia, ischemia, heart chamber enlargement, heart attack, and others. One of the most commonly used electrocardiograph for diagnosis of such cardiac events is the 12-lead ECG which comprises of 10 electrodes and provides sensitivity and feasibility. Rapid research in the field of cardiology has led to several opportunities for development of newer technologies for improvement of cardiology electrodes for diagnosis of cardiovascular conditions.

Market Dynamics

Market players are focusing on launch of products, which is expected to strengthen their position in the global cardiology electrodes market. For instance, in September 2019, Shenzhen Mindray Bio-Medical Electronics Co., Ltd. launched its new product called BeneHeart C Series which is an automated external defibrillator (AED). It consists of electrode pads which detects the electrical activity of the heart and helps in diagnosis of arrhythmia. In case of any life-threatening cardiac event, these electrode signals induce the defibrillator to provide external electric current to the heart so that the defibrillator can restore normal heart beat.

Market players are involved in expanding their presence globally, by entering into acquisition with other companies in order to enhance distribution, this is expected to drive the growth of the global cardiology electrodes market. For instance, in May 2018, a Japanese industrial mold manufacturing company acquired assets of Heart Sync, Inc., a U.S. based medical devices manufacturer which specializes in defibrillation electrodes.

Key features of the study:

  • This report provides an in-depth analysis of global cardiology electrodes market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global cardiology electrodes market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include 3M, VectraCor Inc., ADInstruments Pty Ltd., Medico Electrodes International Ltd., Ambu A/S, Asahi Kasei Corporation, Cardinal Health, Nikomed USA Inc., CONMED Corporation, Leonhard Lang USA, Inc., DCC Plc., General Electric Co., Koninklijke Philips N.V., Nissha Co. Ltd., Bio-Protech Inc., and Diagramm Halbach GmbH & Co. KG
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The global cardiology electrodes market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global cardiology electrodes market

Detailed Segmentation:

  • Global Cardiology Electrodes Market, By Product:
    • Resting ECG Electrodes
    • Short-term Monitoring ECG Electrodes
    • Long-term Monitoring ECG Electrodes
    • Stress Test ECG Electrodes
    • Neonatal ECG Electrodes
  • Global Cardiology Electrodes Market, By Procedure:
    • Electrocardiography (ECG)
    • Electroencephalography (EEG)
    • Electromyography (EMG)
    • Others
  • Global Cardiology Electrodes Market, By Order Type:
    • Sticky Gel Cardiology Electrodes
    • Wet Gel Cardiology Electrodes
    • Dry Cardiology Electrodes
    • Solid Gel Cardiology Electrodes
  • Global Cardiology Electrodes Market, By Usability:
    • Disposable Medical Electrodes
    • Reusable Medical Electrodes
  • Global Cardiology Electrodes Market, By Application:
    • Stress Test ECG
    • Neonatal ECG
    • Long-term Monitoring ECG
    • Resting ECG
    • Short-term Monitoring EGG
  • Global Cardiology Electrodes Market, By Region:
    • North America
      • By Product:
        • Resting ECG Electrodes
        • Short-term Monitoring ECG Electrodes
        • Long-term Monitoring ECG Electrodes
        • Stress Test ECG Electrodes
        • Neonatal ECG Electrodes
      • By Procedure:
        • Electrocardiography (ECG)
        • Electroencephalography (EEG)
        • Electromyography (EMG)
        • Others
      • By Order Type:
        • Sticky Gel Cardiology Electrodes
        • Wet Gel Cardiology Electrodes
        • Dry Cardiology Electrodes
        • Solid Gel Cardiology Electrodes
      • By Usability:
        • Disposable Medical Electrodes
        • Reusable Medical Electrodes
      • By Application:
        • Stress Test ECG
        • Neonatal ECG
        • Long-term Monitoring ECG
        • Resting ECG
        • Short-term Monitoring EGG
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Product:
        • Resting ECG Electrodes
        • Short-term Monitoring ECG Electrodes
        • Long-term Monitoring ECG Electrodes
        • Stress Test ECG Electrodes
        • Neonatal ECG Electrodes
      • By Procedure:
        • Electrocardiography (ECG)
        • Electroencephalography (EEG)
        • Electromyography (EMG)
        • Others
      • By Order Type:
        • Sticky Gel Cardiology Electrodes
        • Wet Gel Cardiology Electrodes
        • Dry Cardiology Electrodes
        • Solid Gel Cardiology Electrodes
      • By Usability:
        • Disposable Medical Electrodes
        • Reusable Medical Electrodes
      • By Application:
        • Stress Test ECG
        • Neonatal ECG
        • Long-term Monitoring ECG
        • Resting ECG
        • Short-term Monitoring EGG
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Product:
        • Resting ECG Electrodes
        • Short-term Monitoring ECG Electrodes
        • Long-term Monitoring ECG Electrodes
        • Stress Test ECG Electrodes
        • Neonatal ECG Electrodes
      • By Procedure:
        • Electrocardiography (ECG)
        • Electroencephalography (EEG)
        • Electromyography (EMG)
        • Others
      • By Order Type:
        • Sticky Gel Cardiology Electrodes
        • Wet Gel Cardiology Electrodes
        • Dry Cardiology Electrodes
        • Solid Gel Cardiology Electrodes
      • By Usability:
        • Disposable Medical Electrodes
        • Reusable Medical Electrodes
      • By Application:
        • Stress Test ECG
        • Neonatal ECG
        • Long-term Monitoring ECG
        • Resting ECG
        • Short-term Monitoring EGG
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product:
        • Resting ECG Electrodes
        • Short-term Monitoring ECG Electrodes
        • Long-term Monitoring ECG Electrodes
        • Stress Test ECG Electrodes
        • Neonatal ECG Electrodes
      • By Procedure:
        • Electrocardiography (ECG)
        • Electroencephalography (EEG)
        • Electromyography (EMG)
        • Others
      • By Order Type:
        • Sticky Gel Cardiology Electrodes
        • Wet Gel Cardiology Electrodes
        • Dry Cardiology Electrodes
        • Solid Gel Cardiology Electrodes
      • By Usability:
        • Disposable Medical Electrodes
        • Reusable Medical Electrodes
      • By Application:
        • Stress Test ECG
        • Neonatal ECG
        • Long-term Monitoring ECG
        • Resting ECG
        • Short-term Monitoring EGG
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Product:
        • Resting ECG Electrodes
        • Short-term Monitoring ECG Electrodes
        • Long-term Monitoring ECG Electrodes
        • Stress Test ECG Electrodes
        • Neonatal ECG Electrodes
      • By Procedure:
        • Electrocardiography (ECG)
        • Electroencephalography (EEG)
        • Electromyography (EMG)
        • Others
      • By Order Type:
        • Sticky Gel Cardiology Electrodes
        • Wet Gel Cardiology Electrodes
        • Dry Cardiology Electrodes
        • Solid Gel Cardiology Electrodes
      • By Usability:
        • Disposable Medical Electrodes
        • Reusable Medical Electrodes
      • By Application:
        • Stress Test ECG
        • Neonatal ECG
        • Long-term Monitoring ECG
        • Resting ECG
        • Short-term Monitoring EGG
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Product:
        • Resting ECG Electrodes
        • Short-term Monitoring ECG Electrodes
        • Long-term Monitoring ECG Electrodes
        • Stress Test ECG Electrodes
        • Neonatal ECG Electrodes
      • By Procedure:
        • Electrocardiography (ECG)
        • Electroencephalography (EEG)
        • Electromyography (EMG)
        • Others
      • By Order Type:
        • Sticky Gel Cardiology Electrodes
        • Wet Gel Cardiology Electrodes
        • Dry Cardiology Electrodes
        • Solid Gel Cardiology Electrodes
      • By Usability:
        • Disposable Medical Electrodes
        • Reusable Medical Electrodes
      • By Application:
        • Stress Test ECG
        • Neonatal ECG
        • Long-term Monitoring ECG
        • Resting ECG
        • Short-term Monitoring EGG
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • 3M*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • VectraCor Inc.
    • ADInstruments Pty Ltd.
    • Medico Electrodes International Ltd.
    • Ambu A/S
    • Asahi Kasei Corporation
    • Cardinal Health
    • Nikomed USA Inc.
    • CONMED Corporation
    • Leonhard Lang USA, Inc.
    • DCC Plc
    • General Electric Co.
    • Koninklijke Philips N.V.
    • Nissha Co. Ltd.
    • Bio-Protech Inc.
    • Diagramm Halbach GmbH & Co. KG

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product
      • Market Snippet, By Procedure
      • Market Snippet, By Order Type
      • Market Snippet, By Usability
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • PEST Analysis
    • Industry Trends
    • Key Highlights
    • Epidemiology
    • Cardiology Electrodes Pricing List
    • Reimbursement Scenario of Cardiology Electrodes
    • Regulatory Scenario
    • Global Supply Chain Analysis
  4. Global Cardiology Electrodes Market - Impact of Coronavirus (Covid-19) Pandemic
    • COVID-19 Epidemiology
    • Impact of COVID-19 on Demand and Supply of Cardiology Electrodes
    • Impact of Covid-19 on the Cardiology Electrodes Market
  5. Global Cardiology Electrodes Market, By Product, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 - 2028
      • Segment Trends
    • Resting ECG Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Short-term Monitoring ECG Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Long-term Monitoring ECG Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Stress Test ECG Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Neonatal ECG Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  6. Global Cardiology Electrodes Market, By Procedure, 2017 - 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 - 2028
      • Segment Trends
    • Electrocardiography (ECG)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Electroencephalography (EEG)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Electromyography (EMG)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  7. Global Cardiology Electrodes Market, By Order Type, 2017 - 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018 - 2028
      • Segment Trends
    • Sticky Gel Cardiology Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Wet Gel Cardiology Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Dry Cardiology Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Solid Gel Cardiology Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  8. Global Cardiology Electrodes Market, By Usability, 2017 - 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, For Regions, 2018 - 2028
      • Regional Trends
    • Disposable Medical Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Reusable Medical Electrodes
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  9. Global Cardiology Electrodes Market, By Application, 2017 - 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, For Regions, 2018 - 2028
      • Regional Trends
    • Stress Test ECG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Neonatal ECG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Long-term Monitoring ECG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Resting ECG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
    • Short-term Monitoring EGG
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  10. Global Cardiology Electrodes Market, By Region, 2017 - 2028 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, For Regions, 2018 - 2028
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Procedure, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Order Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Usability, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Product, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Procedure, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Order Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Usability, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Market Size and Forecast, By Product, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Procedure, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Order Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Usability, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Procedure, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Order Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Usability, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • Market Size and Forecast, By Product, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Procedure, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Order Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Usability, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Procedure, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Order Type, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Usability, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
      • Market Size and Forecast, By Country/Region, 2017 - 2028 (US$ Mn)
        • South Africa
        • Central Africa
        • North Africa
  11. Competitive Landscape
    • Company Profiles
      • 3M
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • VectraCor Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • ADInstruments Pty Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Medico Electrodes International Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Ambu A/S
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Asahi Kasei Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Cardinal Health
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Nikomed USA Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • CONMED Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Leonhard Lang USA, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • DCC Plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • General Electric Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Koninklijke Philips N.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Nissha Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Bio-Protech Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Diagramm Halbach GmbH & Co. KG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
    • Analyst Views
  12. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 37 market data tables and 29 figures on "Cardiology Electrodes Market” - Global Forecast to 2028.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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