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LANDON, GREATER LANDON, UNITED KINGDOM, September 18, 2024 /EINPresswire.com/ -- The electromyography EMG electrode market has experienced robust growth in recent years, expanding from $0.85 billion in 2023 to $0.92 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to the growing elderly population, streamlined regulatory processes for medical devices, expansion of clinical applications, the advent of telemedicine, and rise in demand for portable and easy-to-use EMG.
What Is The Estimated Market Size Of The Global Electromyography EMG Electrode Market And Its Annual Growth Rate?
The electromyography EMG electrode market is projected to continue its strong growth, reaching $1.24 billion in 2028 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to the increasing prevalence of neuromuscular disorders, increased awareness and better access to healthcare, increased healthcare spending, increased use of EMG for injury prevention, and the rise of telemedicine and remote patient monitoring.
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Growth Driver Of The Electromyography EMG Electrode Market
The increasing prevalence of neurological disorders is expected to propel the growth of the electromyography EMG electrode market going forward. A neurological disorder is a condition that affects the nervous system, including the brain, spinal cord, and nerves, resulting in various physical, cognitive, and emotional symptoms. The prevalence of neurological disorders is growing due to an aging population and increased exposure to risk factors such as pollution, lifestyle changes, and improved diagnostic capabilities. Electromyography (EMG) electrodes are used to diagnose and monitor neurological disorders by recording electrical activity in muscles, aiding in the detection of nerve dysfunction and muscle abnormalities.
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Which Market Players Are Driving the Electromyography EMG Electrode Market Growth?
Key players in the electromyography EMG electrode market include Nihon Kohden Corporation, Nissha Co Ltd, Bittium Corporation, Ambu A/S, Natus Medical Incorporated, Contec Medical Systems Co. Ltd, Neurosoft Ltd., Compumedics Limited, EB Neuro S.p.A., Inomed Medizintechnik GmbH, Technomed, Rhythmlink International LLC, BTS S.p.A, Cadwell Industries Inc., Thought Technology Ltd., Bio-Medical Instruments, Spes Medica Srl, BioRESEARCH Associates Inc., Clarity Medical Pvt. Ltd., DEYMED Diagnostic sro, Noraxon U.S.A. Inc..
What Are the Emerging Trends Shaping the Electromyography EMG Electrode Market Overview?
Major companies operating in the electromyography EMG electrode markets are focusing on developing technologically advanced products, such as advanced neuromuscular monitoring electrodes, to sustain their position in the market. Neuromuscular monitoring electrodes are specialized devices used to assess and monitor the electrical activity and function of muscles and the neuromuscular junction.
How Is The Global Electromyography EMG Electrode Market Segmented?
1) By Type: Metal Electrode, Non-Metal Electrode, Disposable, Reusable
2) By Age Group: Pediatric, Adult, Geriatric
3) By Distribution Channel: Direct Sales, Retail Pharmacies, Online Pharmacies
4) By Application: Hospital, Medical Center, Specialty Clinics, Rehabilitation Centers, Diagnostic Centers
Geographical Insights: North America Leading The Electromyography EMG Electrode Market
North America was the largest region in the electromyography (EMG) electrode market in 2023. The regions covered in the electromyography emg electrode market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Electromyography EMG Electrode Market Definition
An electromyography (EMG) electrode is a device used to detect and record electrical activity produced by skeletal muscles. It can be surface electrodes placed on the skin or needle electrodes inserted into the muscle. These electrodes are essential for diagnosing neuromuscular disorders, assessing muscle function, and guiding treatments.
Electromyography EMG Electrode Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
•Macroeconomic factors affecting the market in the short and long run
•Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global electromyography EMG electrode market report covering trends, opportunities, strategies, and more
The Electromyography EMG Electrode Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on electromyography EMG electrode market size, electromyography EMG electrode market drivers and trends, electromyography EMG electrode market major players, electromyography EMG electrode competitors' revenues, electromyography EMG electrode market positioning, and electromyography EMG electrode market growth across geographies. The electromyography EMG electrode market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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