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Technavio’s market research analyst predicts that the neurophysiology needles and electrodes market will grow at a modest CAGR of close to 4% by 2020. The rising preference for disposable electrodes is a major factor that is expected to drive the demand for needles and electrodes over the next few years. Many physicians are now switching over to disposable electrodes to help patients avoid hospital-acquired infections, which are caused due to cross-contamination. Since disposable electrodes lower the risk of allergic reactions caused by chemicals and skin preparation methods, their demand among the end users will increase significantly over the next few years. This increase in the preference for disposable electrodes will foster the prospects for growth in this market until 2020.
According to Technavio’s analysts, a major trend that will spur growth in this market is the development of dry electrodes. At present, it has been observed that most diagnostic devices that are used to diagnose neurological issues utilize wet gel electrodes. However, to counter issues like drying gel, degraded signals, and skin irritation, vendors have started developing dry electrodes. Dry electrodes are made of flexible polymer and other materials, which do the job of monitoring and recording EMG and EEG signals more accurately than wet gel electrodes. For instance, Cognionics has developed a dry electrode system that offers better results than the conventional electrodes. Consequently, it can be estimated that the ability of these systems to offer better results than the wet gel electrodes will lead to its increased adoption over the next four years.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global medical electrodes market
PART 06: Market landscape
PART 07: Risk levels of neurophysiology needles and electrodes
PART 08: Market segmentation by application
PART 09: Market segmentation by product type
PART 10: Types of adhesion employed for neurology surface electrode
PART 11: Market segmentation of neurophysiology needles and electrodes by usability
PART 12: Geographical segmentation
PART 13: Market drivers
PART 14: Impact of drivers
PART 15: Market challenges
PART 16: Impact of drivers and challenges
PART 17: Market trends
PART 18: Vendor landscape
PART 19: Appendix
PART 20: Explore Technavio
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