The diagnostics segment of the electrodes for medical devices market is anticipated to witness significant growth in the forecast period. This can be attributed to the increasing prevalence of chronic diseases such as cardiovascular diseases, neurological disorders, and cancer, which require early and accurate diagnosis. Diagnostics electrodes are used in procedures such as electrocardiography (ECG), electroencephalography (EEG), and electromyography (EMG) to monitor and analyze the electrical activity of the heart, brain, and muscles, respectively. The advancements in technology, such as the development of wireless and wearable diagnostic electrodes, are also expected to drive the demand for diagnostic electrodes in the medical devices market.
Therapeutics:
The therapeutics segment of the electrodes for medical devices market is projected to experience robust growth in the coming years. Therapeutic electrodes are used in procedures such as transcutaneous electrical nerve stimulation (TENS) and neuromodulation to deliver electrical impulses to targeted areas of the body for pain management, muscle stimulation, and rehabilitation. The increasing prevalence of chronic pain conditions, musculoskeletal disorders, and neurological conditions is driving the demand for therapeutic electrodes. Additionally, the rising adoption of non-invasive and drug-free treatment modalities is fueling the growth of the therapeutics segment in the electrodes for medical devices market.