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C&M: Global industry for medical electrodes to be driven by increase in the aging population

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Global Medical Electrodes Market 2014-2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-18 07:53:02
The Global Medical Electrodes market is forecast to grow at a CAGR of 12.20 percent for the period 2013-2018. Several driving factors and trends will contribute to this growth.

Reusable electrodes present risks of cross contamination leading to hospital acquired infections. Commonly referred to as nosocomial infections, these infections affect about 1.7 million of the US population every year causing the death of roughly 99,000 people. Hence, medical device equipment employing electrodes needs to be replaced to avoid hospital acquired infections. Thus, the market is currently witnessing a shift toward increase in the use of disposable electrodes. These electrodes could be used for about a week or more before discarding them. They are cost effective and flexible for use in patients. This trend is in turn expected to drive the growth of the Global Medical Device Electrodes market.

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