The Latin America, Middle East and Africa Medical Electrodes Market would witness market growth of 10.0% CAGR during the forecast period (2022-2028).
Medical electrodes are widely available devices that, in most circumstances, are part of a manufacturer's portfolio or subsegment. Enhancing accuracy and performance in detection and monitoring has contributed to the electrode's growth. Medical device electrodes' technological complexity is primarily focused on improving patient comfort and the electrode-tissue interface for better recording and stimulation.
Additionally, efforts are being made to design electrodes with improved electrical performance that are reasonably priced. Many current research are concentrated on creating new polymers, improving integrated circuit designs, and creating nanotextured coatings for future small and compatible devices.
Recent trends in the medical electrodes market include an increase in a variety of government-led favorable regulations and an increase in the emphasis on minimally invasive surgeries. In addition to this, the rate of adoption is expected to rise as a result of improved prices and less cross-contamination risk. Medical electrodes are becoming more widely used in laboratory and clinical settings because they are more convenient to use.
The region of Latin America is experiencing a rise in the incidence and recurrence of chronic illnesses, which also contributes to declining health and growing healthcare expenses. The research, which was funded by the Inter-American Development Bank, provides positive details on potential low-cost strategies for boosting coverage and outcomes. There are efforts being made to highlight the increased incidence of chronic diseases throughout Latin America in the region's healthcare plans.
The Brazil market dominated the LAMEA Medical Electrodes Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $43.2 Million by 2028.The Argentina market is experiencing a CAGR of 10.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Medical Electrodes Market is Predict to reach $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.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Surface Electrodes
- Needle Electrodes
By Modality
- Electrocardiography (ECG)
- Electroencephalography (EEG)
- Electromyography (EMG)
- Brainstem Auditory Evoked Potentials (BAEPs)
- Others
By Application
- Cardiology
- Stress Test ECG
- Neonatal ECG
- Long-term Monitoring ECG
- Short-term Monitoring ECG
- Resting ECG
- Neurophysiology
- Electrosurgery
- Intraoperative Monitoring (IOM)
- Sleep Study
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- 3M Company
- Medtronic PLC
- Koninklijke Philips N.V.
- ConMed Corporation
- Becton, Dickinson and Company
- Natus Medical Incorporated
- Ambu A/S
- Cognionics, Inc.
- CooperSurgical, Inc.,
- Dymedix Diagnostics
TABLE 1 LAMEA Medical Electrodes Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Medical Electrodes Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Medical Electrodes Market by Product Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Medical Electrodes Market by Product Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Surface Electrodes Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Surface Electrodes Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Needle Electrodes Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Needle Electrodes Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Medical Electrodes Market by Modality, 2018 - 2021, USD Million
TABLE 10 LAMEA Medical Electrodes Market by Modality, 2022 - 2028, USD Million
TABLE 11 LAMEA Electrocardiography (ECG) Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Electrocardiography (ECG) Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Electroencephalography (EEG) Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Electroencephalography (EEG) Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Electromyography (EMG) Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Electromyography (EMG) Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Brainstem Auditory Evoked Potentials (BAEPs) Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Brainstem Auditory Evoked Potentials (BAEPs) Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Medical Electrodes Market by Application, 2018 - 2021, USD Million
TABLE 22 LAMEA Medical Electrodes Market by Application, 2022 - 2028, USD Million
TABLE 23 LAMEA Cardiology Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Cardiology Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Medical Electrodes Market by Cardiology Type, 2018 - 2021, USD Million
TABLE 26 LAMEA Medical Electrodes Market by Cardiology Type, 2022 - 2028, USD Million
TABLE 27 LAMEA Stress Test ECG Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Stress Test ECG Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Neonatal ECG Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Neonatal ECG Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Long-term Monitoring ECG Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Long-term Monitoring ECG Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Short-term Monitoring ECG Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Short-term Monitoring ECG Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Resting ECG Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Resting ECG Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Neurophysiology Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Neurophysiology Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Electrosurgery Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Electrosurgery Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Intraoperative Monitoring (IOM) Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Intraoperative Monitoring (IOM) Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Sleep Study Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Sleep Study Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Medical Electrodes Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Medical Electrodes Market by Country, 2022 - 2028, USD Million
TABLE 47 Brazil Medical Electrodes Market, 2018 - 2021, USD Million
TABLE 48 Brazil Medical Electrodes Market, 2022 - 2028, USD Million
TABLE 49 Brazil Medical Electrodes Market by Product Type, 2018 - 2021, USD Million
TABLE 50 Brazil Medical Electrodes Market by Product Type, 2022 - 2028, USD Million
TABLE 51 Brazil Medical Electrodes Market by Modality, 2018 - 2021, USD Million
TABLE 52 Brazil Medical Electrodes Market by Modality, 2022 - 2028, USD Million
TABLE 53 Brazil Medical Electrodes Market by Application, 2018 - 2021, USD Million
TABLE 54 Brazil Medical Electrodes Market by Application, 2022 - 2028, USD Million
TABLE 55 Brazil Medical Electrodes Market by Cardiology Type, 2018 - 2021, USD Million
TABLE 56 Brazil Medical Electrodes Market by Cardiology Type, 2022 - 2028, USD Million
TABLE 57 Argentina Medical Electrodes Market, 2018 - 2021, USD Million
TABLE 58 Argentina Medical Electrodes Market, 2022 - 2028, USD Million
TABLE 59 Argentina Medical Electrodes Market by Product Type, 2018 - 2021, USD Million
TABLE 60 Argentina Medical Electrodes Market by Product Type, 2022 - 2028, USD Million
TABLE 61 Argentina Medical Electrodes Market by Modality, 2018 - 2021, USD Million
TABLE 62 Argentina Medical Electrodes Market by Modality, 2022 - 2028, USD Million
TABLE 63 Argentina Medical Electrodes Market by Application, 2018 - 2021, USD Million
TABLE 64 Argentina Medical Electrodes Market by Application, 2022 - 2028, USD Million
TABLE 65 Argentina Medical Electrodes Market by Cardiology Type, 2018 - 2021, USD Million
TABLE 66 Argentina Medical Electrodes Market by Cardiology Type, 2022 - 2028, USD Million
TABLE 67 UAE Medical Electrodes Market, 2018 - 2021, USD Million
TABLE 68 UAE Medical Electrodes Market, 2022 - 2028, USD Million
TABLE 69 UAE Medical Electrodes Market by Product Type, 2018 - 2021, USD Million
TABLE 70 UAE Medical Electrodes Market by Product Type, 2022 - 2028, USD Million
TABLE 71 UAE Medical Electrodes Market by Modality, 2018 - 2021, USD Million
TABLE 72 UAE Medical Electrodes Market by Modality, 2022 - 2028, USD Million
TABLE 73 UAE Medical Electrodes Market by Application, 2018 - 2021, USD Million
TABLE 74 UAE Medical Electrodes Market by Application, 2022 - 2028, USD Million
TABLE 75 UAE Medical Electrodes Market by Cardiology Type, 2018 - 2021, USD Million
TABLE 76 UAE Medical Electrodes Market by Cardiology Type, 2022 - 2028, USD Million
TABLE 77 Saudi Arabia Medical Electrodes Market, 2018 - 2021, USD Million
TABLE 78 Saudi Arabia Medical Electrodes Market, 2022 - 2028, USD Million
TABLE 79 Saudi Arabia Medical Electrodes Market by Product Type, 2018 - 2021, USD Million
TABLE 80 Saudi Arabia Medical Electrodes Market by Product Type, 2022 - 2028, USD Million
TABLE 81 Saudi Arabia Medical Electrodes Market by Modality, 2018 - 2021, USD Million
TABLE 82 Saudi Arabia Medical Electrodes Market by Modality, 2022 - 2028, USD Million
TABLE 83 Saudi Arabia Medical Electrodes Market by Application, 2018 - 2021, USD Million
TABLE 84 Saudi Arabia Medical Electrodes Market by Application, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia Medical Electrodes Market by Cardiology Type, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia Medical Electrodes Market by Cardiology Type, 2022 - 2028, USD Million
TABLE 87 South Africa Medical Electrodes Market, 2018 - 2021, USD Million
TABLE 88 South Africa Medical Electrodes Market, 2022 - 2028, USD Million
TABLE 89 South Africa Medical Electrodes Market by Product Type, 2018 - 2021, USD Million
TABLE 90 South Africa Medical Electrodes Market by Product Type, 2022 - 2028, USD Million
TABLE 91 South Africa Medical Electrodes Market by Modality, 2018 - 2021, USD Million
TABLE 92 South Africa Medical Electrodes Market by Modality, 2022 - 2028, USD Million
TABLE 93 South Africa Medical Electrodes Market by Application, 2018 - 2021, USD Million
TABLE 94 South Africa Medical Electrodes Market by Application, 2022 - 2028, USD Million
TABLE 95 South Africa Medical Electrodes Market by Cardiology Type, 2018 - 2021, USD Million
TABLE 96 South Africa Medical Electrodes Market by Cardiology Type, 2022 - 2028, USD Million
TABLE 97 Nigeria Medical Electrodes Market, 2018 - 2021, USD Million
TABLE 98 Nigeria Medical Electrodes Market, 2022 - 2028, USD Million
TABLE 99 Nigeria Medical Electrodes Market by Product Type, 2018 - 2021, USD Million
TABLE 100 Nigeria Medical Electrodes Market by Product Type, 2022 - 2028, USD Million
TABLE 101 Nigeria Medical Electrodes Market by Modality, 2018 - 2021, USD Million
TABLE 102 Nigeria Medical Electrodes Market by Modality, 2022 - 2028, USD Million
TABLE 103 Nigeria Medical Electrodes Market by Application, 2018 - 2021, USD Million
TABLE 104 Nigeria Medical Electrodes Market by Application, 2022 - 2028, USD Million
TABLE 105 Nigeria Medical Electrodes Market by Cardiology Type, 2018 - 2021, USD Million
TABLE 106 Nigeria Medical Electrodes Market by Cardiology Type, 2022 - 2028, USD Million
TABLE 107 Rest of LAMEA Medical Electrodes Market, 2018 - 2021, USD Million
TABLE 108 Rest of LAMEA Medical Electrodes Market, 2022 - 2028, USD Million
TABLE 109 Rest of LAMEA Medical Electrodes Market by Product Type, 2018 - 2021, USD Million
TABLE 110 Rest of LAMEA Medical Electrodes Market by Product Type, 2022 - 2028, USD Million
TABLE 111 Rest of LAMEA Medical Electrodes Market by Modality, 2018 - 2021, USD Million
TABLE 112 Rest of LAMEA Medical Electrodes Market by Modality, 2022 - 2028, USD Million
TABLE 113 Rest of LAMEA Medical Electrodes Market by Application, 2018 - 2021, USD Million
TABLE 114 Rest of LAMEA Medical Electrodes Market by Application, 2022 - 2028, USD Million
TABLE 115 Rest of LAMEA Medical Electrodes Market by Cardiology Type, 2018 - 2021, USD Million
TABLE 116 Rest of LAMEA Medical Electrodes Market by Cardiology Type, 2022 - 2028, USD Million
TABLE 117 Key Information – 3M Company
TABLE 118 Key Information – Medtronic PLC
TABLE 119 Key Information – Koninklijke Philips N.V.
TABLE 120 key Information – ConMed Corporation
TABLE 121 Key information – Becton, Dickinson and Company
TABLE 122 Key Information – Natus Medical Incorporated
TABLE 123 Key information – Ambu A/S
TABLE 124 Key Information – CGX
TABLE 125 Key Information – CooperSurgical, Inc.
TABLE 126 Key Information – Dymedix Diagnostics, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: 3M Company
FIG 3 Swot analysis: Medtronic plc