Medical Electrodes Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Medical Electrode Manufacturers and Market is Segmented by Product Type (Surface Electrodes and Needle Electrodes), Usability (Disposable Medical Electrodes and Reusable Medical Electrodes), Modality (Electrocardiography, Electroencephalography, Electromyography, Brainstem Auditory Evoked Potentials, and Other Modality Types), Application (Cardiology, Neurophysiology, Sleep Disorders, Intraoperative Monitoring, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments.

Medical Electrodes Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Medical Electrodes Market Size

Medical Electrodes Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.10 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Medical Electrodes Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Medical Electrodes Market with other markets in Healthcare Industry

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Medical Electrodes Market Analysis

The Medical Electrodes Market is expected to register a CAGR of 4.1% during the forecast period.

  • The COVID-19 pandemic significantly impacted the Medical Electrodes Market. A study published in the Journal of Neurosurgical Anesthesiology in March 2022 showed that SARS-CoV-2 had a detrimental impact on the central nervous system, with investigations using a full montage of electroencephalogram (EEG) electrodes revealing nonspecific EEG abnormalities associated with COVID-19 infection.
  • Furthermore, most COVID-19 patients showed symptoms of EEG discontinuity during monitoring using a shortened electrode montage, resulting in increased use of Medical Electrodes for COVID-19 patients, contributing to the growth of the Monitoring Electrodes Market. However, the demand for non-emergency diagnosis and treatment procedures decreased during the pandemic, affecting the Diagnostic Electrodes Market. Nevertheless, the market is growing at a stable pace due to the resumption of hospital services, diagnosis procedures, and product availability. It is expected to continue this trend in the coming years.
  • The growth of the Medical Electrodes Market can mainly be attributed to the increasing prevalence of cardiovascular and neurological diseases, technological advancements, and a rising focus on minimally invasive surgeries. The rise in neurological conditions, including cerebrovascular disease, Alzheimer's, dementia, migraine, epilepsy, tetanus, meningitis, Parkinson's disease, multiple sclerosis, and poliomyelitis, is expected to lead to increased research on neurophysiological pathways, resulting in higher adoption of Medical Electrodes, such as those used in the Neurophysiology Electrodes Market, and boosting market growth. According to a report published by the Alzheimer's Association in March 2022, Alzheimer's dementia is expected to affect an estimated 6.7 million Americans aged 65 and above in 2023, and this figure may rise to 13.8 million by 2060 unless medical breakthroughs are developed to prevent, delay, or cure the disease.
  • In addition, Medical Electrode Manufacturers are making rigorous investments toward the development of efficient diagnostic and therapeutic platforms, indicating promising growth prospects for the Medical Electrodes Market. These companies are focusing on growth strategies such as new product launches, mergers and acquisitions, and portfolio expansion. For example, in September 2021, NeuroOne Medical Technologies Corporation received Food and Drug Administration (FDA) clearance to market its Evo sEEG Electrode technology. Promising outcomes and increasing competition among leading medical device companies to approve and commercialize products in different areas of unmet medical needs are expected to boost the Medical Electrodes Market.
  • However, the biocompatibility of Medical Electrodes and the stringent regulatory guidelines affecting Medical Electrode Development, coverage, and different approval processes in various countries are significant barriers to the Medical Electrodes Market's growth. Despite these challenges, the growing burden of neurological diseases and product launches are expected to propel the market's growth over the forecast period.

Medical Electrodes Industry Overview

The Medical Electrodes Market is moderately competitive and consists of global and local players. Some prominent Medical Electrode Manufacturers are vigorously making acquisitions and joint ventures with other companies to consolidate their market positions across the world. Due to the increase in cardiovascular and neurological diseases across the world, companies are coming up with novel products through Medical Electrode Development to cater to consumers across different geographies. 3M, CONMED Corporation, Koninklijke Philips NV, Medtronic PLC, Natus Medical Incorporated, and Nihon Kohden Corporation are some of the major players in the market.

Medical Electrodes Market Leaders

  1. 3M

  2. Koninklijke Philips N.V.

  3. Medtronic Plc

  4. Nihon Kohden Corporation

  5. CONMED Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Medical Electrodes Market Concentration
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Medical Electrodes Market News

  • December 2022: NeuroOne Medical Technologies Corporation fulfilled a commercial order for sEEG electrodes and shipped them to Zimmer Biomet, as per their agreement. This development marks a significant milestone for the company and its efforts to expand its market presence.
  • October 2022: Nihon Kohden launched a new product called the Smart Cable NMT Pod and disposable electrode. This device allows clinicians to objectively monitor the depth of paralysis in patients during surgery when a neuromuscular blockade agent (NMBA) is administered, whether non-depolarizing or depolarizing. With this innovation, clinicians can confidently monitor neuromuscular blockade, improving patient outcomes and enhancing surgical procedures.

Medical Electrodes Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Prevalence of Cardiovascular and Neurological Diseases
    • 4.2.2 Increasing Technological Advancements
    • 4.2.3 Rising Focus toward Minimally Invasive Surgeries
  • 4.3 Market Restraints
    • 4.3.1 Biocompatibility Issues with Medical Electrodes
    • 4.3.2 Stringent Regulatory Guidelines Associated with Medical Electrodes
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD)

  • 5.1 By Product Type
    • 5.1.1 Surface Electrodes
    • 5.1.2 Needle Electrodes
  • 5.2 By Usability
    • 5.2.1 Disposable Medical Electrodes
    • 5.2.2 Reusable Medical Electrodes
  • 5.3 By Modality Type
    • 5.3.1 Electrocardiography (ECG)
    • 5.3.2 Electroencephalography (EEG)
    • 5.3.3 Electromyography (EMG)
    • 5.3.4 Brainstem Auditory Evoked Potentials (BAEPS)
    • 5.3.5 Other Modality Types
  • 5.4 By Application
    • 5.4.1 Cardiology
    • 5.4.2 Neurophysiology
    • 5.4.3 Sleep Disorders
    • 5.4.4 Intraoperative Monitoring
    • 5.4.5 Other Applications
  • 5.5 Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East and Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East and Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 3M
    • 6.1.2 Ad-Tech Medical Instrument Corporation
    • 6.1.3 Ambu AS
    • 6.1.4 Cognionics Inc.
    • 6.1.5 Cardinal Health
    • 6.1.6 CONMED Corporation
    • 6.1.7 Cooper Surgical Inc.
    • 6.1.8 Dymedix
    • 6.1.9 Koninklijke Philips NV
    • 6.1.10 DCC Healthcare (Leonhard Lang GmbH)
    • 6.1.11 Medtronic PLC
    • 6.1.12 Natus Medical Incorporated
    • 6.1.13 Nihon Kohden Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments
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Medical Electrodes Industry Segmentation

As per the report's scope, the electrodes in medical devices transfer the ionic current energy into electric current, in the body, through surface quantification of ionic currents. These currents are further amplified and studied and help diagnose diseases. The electrodes for medical purposes are made up of lead, metal, and electrode conducting paste.

The medical electrodes market is segmented by product type (surface electrodes and needle electrodes), usability (disposable medical electrodes and reusable medical electrodes), modality (electrocardiography, electroencephalography, electromyography, brainstem auditory evoked potentials, and other modality types), application (cardiology, neurophysiology, sleep disorders, intraoperative monitoring, and other applications), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally.

The report offers the value (in USD) for the above segments.

By Product Type Surface Electrodes
Needle Electrodes
By Usability Disposable Medical Electrodes
Reusable Medical Electrodes
By Modality Type Electrocardiography (ECG)
Electroencephalography (EEG)
Electromyography (EMG)
Brainstem Auditory Evoked Potentials (BAEPS)
Other Modality Types
By Application Cardiology
Neurophysiology
Sleep Disorders
Intraoperative Monitoring
Other Applications
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Medical Electrodes Market Research FAQs

What is the current Medical Electrodes Market size?

The Medical Electrodes Market is projected to register a CAGR of 4.10% during the forecast period (2025-2030)

Who are the key players in Medical Electrodes Market?

3M, Koninklijke Philips N.V., Medtronic Plc, Nihon Kohden Corporation and CONMED Corporation are the major companies operating in the Medical Electrodes Market.

Which is the fastest growing region in Medical Electrodes Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Medical Electrodes Market?

In 2025, the North America accounts for the largest market share in Medical Electrodes Market.

What years does this Medical Electrodes Market cover?

The report covers the Medical Electrodes Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Medical Electrodes Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Medical Electrodes Industry Report

Statistics for the 2025 Medical Electrodes market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Medical Electrodes analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.