Global Medical Electrodes Market 2017-2021

Global medical electrodes market forecast

According to Technavio’s research analysis, the rising awareness about CVDs will be one of the major factors that will have a positive impact on the growth of the medical electrodes market till 2021. The awareness about CVDs and their prevention measures is rising due to the increasing number of awareness programs conducted by public and private organizations and vendors. For instance, in the US, the AHA celebrates February as the American Heart Month, designated to promote awareness about heart diseases and benefits of their early diagnosis. Also, many public and private organizations in APAC are concentrating on promoting technological advances in cardiac monitoring devices. Such initiatives by government and non-governmental organizations are raising awareness levels about the early diagnosis of CVDs that is likely to drive the growth of the global medical electrodes market during the forecast period. According to the medical electrodes industry insights, this market will grow at a CAGR of more than 8% by 2021.

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