PharmiWeb.com - Global Pharma News & Resources
17-Oct-2021

Demand For Cables and Leads for ECG Equipment Sustains Competitiveness by Adoption of Technological Innovations

Rising need for medical equipment and devices due to surge in patients following the COVID-19 pandemic has increased demand for cables and leads for medical equipment, finds Fact.MR. Cables and leads are key elements in medical equipment that is used in laboratories, operating rooms, and monitoring systems.

Increasing cases of cardiovascular diseases has caused growth in usage of ECG equipment and accessories, fuelling demand for cables and leads. With rising concerns regarding infection control and transmission, medical centers are opting to use disposable medical equipment, increasing demand for cables and leads for medical equipment in the healthcare industry.

The global cables and leads for medical equipment market is projected to rise at a steady CAGR of around 5% through 2030.

“With rising hospital admission cases amidst the COVID-19 pandemic, the need for medical devices has surged, thereby lending impetus to the growth of the cables and leads for medical equipment market,”says a Fact.MR analyst.

Request a report sample to gain comprehensive market insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=5418

Key Segments in Cables and Leads for Medical Equipment Industry Research

  • Product

    • Cables
    • Leads
  • Application

    • Pacemakers
    • Defibrillators
    • EEG
    • ECG
  • End User

    • Cables and Leads for Medical Equipment at Hospitals
    • Cables and Leads for Medical Equipment at Ambulatory Care Centers
    • Cables and Leads for Medical Equipment at Academic Research Institutes
    • Cables and Leads for Medical Equipment at Specialty Clinics

Speak to Research Analyst

https://www.factmr.com/connectus/sample?flag=AE&rep_id=5418

Key Takeaways from Cables and Leads for Medical Equipment Market Report

  • The use of cables and wires in single-use or disposable medical equipment has increased due to their ability to reduce cross-contamination and limit risk of harmful pathogens.
  • While there has been increasing adoption of disposable ECG lead sets and cables, high price is a major hindrance for this segment.
  • Australia, India, and South Korea are predicted to be key cables and leads for medical equipment markets in the Asia Pacific region.
  • The implementation of lockdowns and transport bans due to the COVID-19 pandemic has caused disruptions in all sectors, including the cables and leads for medical equipment market. Lack of raw materials has caused a slowdown in the production of medical equipment.
  • Though there has been a lull in production, demand for cables and leads for medical equipment has increased due to rising number of patients in hospitals. Increasing need for monitoring devices and medical equipment in hospitals has contributed to display larger than expected growth across the world.

Research & Development Efforts to Boost Growth

Players are now focusing on developing and creating cables and leads for medical equipment that are user-friendly and cost-efficient. They are using efforts to research & develop infection preventing technical solutions. Increasing demand for disposable lead wires and cables has created more opportunities for players, which had led to the emergence of new manufacturers in the cables and leads for medical equipment market space.

Rising environmental concerns have increased focus on the creation of ecofriendly cables and leads for medical equipment. Nikomed USA recently introduced BioWire, a non-metallic disposable and universal lead wire system that is recyclable. These leads produced are easily disposable and can be incinerated without the need for extra processing or preparation. Increasing amount of players are now focused on providing products with better efficiency and lower risk rates.

Full Access of this Report Is Available at

https://www.factmr.com/checkout/5418

Some of the key players in the cables and leads for medical equipment market are

  • 3M Company
  • Curbell Medical Products Inc.
  • Schiller Americas Inc.
  • Boston Scientific Corporation
  • Spacelabs Healthcare Inc.
  • Koninklijke Philips N.V.
  • Medtronic Plc.
  • ConMed Corporation
  • LivaNova Plc.
  • Abbott Laboratories.

Key Questions Answered in Report

  • Which are the most lucrative cables and leads for medical equipment market?
  • Which factors will impact the growth of the market?
  • How will changing trends impact the strategies of market players?
  • How can market players capture the low-hanging opportunities across regions?
  • Which companies are leading the cables and leads for medical equipment market?
  • What are the winning strategies of stakeholders in the market?

Explore More Trending Reports of Fact.MR

Pelvic Floor Stimulator Market Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031 ( https://www.factmr.com/report/pelvic-floor-stimulator-market )

Terminal Sterilization Market Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031 ( https://www.factmr.com/report/terminal-sterilization-market )

Cardiac Patch Monitor Market – Global Industry Analysis 2016 – 2020 and Opportunity Assessment 2021 – 2031 (https://www.factmr.com/report/cardiac-patch-monitor-market  )

Valuable Insights on Cables and Leads for Medical Equipment Market Report

Fact.MR, in its latest report, has presented detailed analysis on the cables and leads for medical equipment market with the inclusion of an assessment for the years 2020 to 2030. In order to provide precise analysis, the cables and leads for medical equipment market has been divided into various segments. The market is segmented based on product into cables and leads.

The market is divided on the basis of application into pacemakers, defibrillators, EEG, and ECG. Based on end user, the cables and leads for medical equipment market is divided into hospitals, ambulatory care centers, academic research institutes, specialty clinics, and others. On the basis of geography, the market is segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in the US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have in our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com

The post Demand For Cables and Leads for ECG Equipment Sustains Competitiveness by Adoption of Technological Innovations appeared first on Latest Market Reports.

Editor Details

Last Updated: 17-Oct-2021