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Global Market for Medical Device Electrodes to Reach $1.43 billion, Technological Innovations and Developing Markets Fuel Demand for Neurological Monitoring and Digital Radiography
By: PR Newswire
Nov. 28, 2012 07:25 PM
FARMINGTON, Conn., Nov. 28, 2012 /PRNewswire-iReach/ -- The U.S. represents the largest regional market worldwide for both medical device electrodes and digital radiography while Europe represents the single largest EEG/EMG/brain function monitoring equipment market. However, these medical technologies are gaining traction quickly in the emerging markets of China, India and Latin America.
Global Information Inc (GII) highlights three excellent strategic business research reports covering the global market for digital radiography, medical device electrodes, and EEG/EMG/brain function monitoring from our premium market research partner Global Industry Analysts, Inc.
Electrodes for Medical Devices
The global market for Medical Device Electrodes is projected to reach $1.43billion by the year 2018. Medical electrodes are mass products with limited scope for differentiation and represent a small business for a medical device manufacturing company. The global market for electrodes for medical devices is highly mature, price-sensitive as well as competitive. Disposable electrodes have been gaining immense popularity at the expense of reusable electrodes as they reduce initial costs, eliminate cross contamination between patients and reduce the lengthy sterilization process. Over the years, the medical electrodes market has been witnessing several technological advances, primarily aimed at enhancing patient comfort, maintaining skin integrity, and improving electrode-tissue interface for improved recording and stimulation.
Major players profiled in the report include 3M Co., Ambu A/S, CONMED Corporation, Covidien, C.R Bard Inc., Katecho Inc., Prosurg Inc., Utah Medical Products Inc., and ZOLL Medical Corporation,among others.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go243075-electrodes-medical-devices.html
EEG/EMG/Brain Function Monitoring
The global market for EEG/EMG/Brain Function Monitoring is projected to reach $1.26 billion by the year 2018. Europe represents the single largest EEG/EMG/brain function monitoring equipment market. Majority of the growth in the developed markets of the US and Europe is projected to generate from replacement sales and export of advanced monitoring systems to the developing countries. With epilepsy emerging as one of the most common neurological conditions in the developed countries, EEG monitoring systems are being increasingly utilized for long-term monitoring of the condition. Asia-pacific represents the fastest growing regional market for EEG/EMG/brain function monitoring equipment with a CAGR of 9.0% over the analysis period. With increased purchasing capacity of the population, and hospitals and clinics migrating to advanced treatment and monitoring related devices, the region represents the fastest growing market for EEG and EMG devices.
Major players profiled in the report include Cadwell Laboratories Inc., Compumedics Limited, Covidien, Electrical Geodesics Inc., Natus Medical Inc., NeuroWave Systems Inc., and Nihon Kohden Corporation, among others.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go138745-eeg-emg-brain-func-moni.html
The global market for digital radiography is projected to exceed US$900 million by 2018. Digital radiography (DR) has emerged as one of the most dynamic segments of the overall medical imaging industry. DR is claiming to be the future of radiography and is today being implemented on a wider scale than hitherto envisaged. Faster processing, cost reduction, improved patient safety are all advantages that are driving the technology acceptance in the marketplace. Digital radiography technology promises to offer benefits such as better medical evaluations and the resulting edge in making optimum treatment decisions. With radiography going increasingly digital and with modern cutting edge direct digital radiography systems offering breakthrough image data capturing abilities, pressure is mounting on the functionality of PACS to support such DR systems.
The market for digital radiography is capital intensive and is subject to frequent technological obsolescence given the blistering pace of innovation, refinement and sophistication of DR equipment and systems. The market is currently witnessing the popularity of wireless, portable DR detectors with form factor of conventional film-screen cassettes. Also gaining traction are Point-Of-Service DR imaging, which allows image acquisition, processing, and display to be performed in the operating room or bedside.
Major players profiled in the report include GE Healthcare Ltd., Philips Healthcare, Siemens Healthcare, Swissray International, Inc., , Analogic Corporation, Canon U.S.A., Inc., Carestream Health, Inc., Hologic, Inc., Imaging Dynamics Company Ltd., IMIX Holding AB, Mindray Medical International Ltd., Sectra, Shimadzu Corporation, and Varian Medical Systems, Inc., among others.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go136200-digital-radiography.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
Media Contact: Jeremy Palaia, Global Information, Inc., 1-860-674-8796, Press@gii.co.jp
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Global Information, Inc.
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