United States - 26th September
2019: Disposable Lead Wires Market size
was worth USD 545.0 million in 2015 and is anticipated to grow at CAGR of 6.3%
in coming years. Escalating incidence of cardiovascular diseases resulted into
growing adoption of ECG equipment and accessories thereby fueling the demand
for ECG lead wires (LWs) during the forecast period. Reusable LWs can cause
blood stream infections since these LWs are the prime source for proliferating
antibiotic resistant bacteria in patients which resulted in shifting of
preference toward disposable LWs over the forecast period.
In addition, growing geriatric population base is
anticipated to broaden the consumer base as old age people are at higher risk
for cardiovascular disorders, which is anticipated to trigger the demand for
patient monitoring devices, which consists of disposable LWs in coming years.
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End-Use Insights
Hospital segment held a leading position in the market of
disposable LWs in 2015. This can be ascribed to their extensive machine
varieties of disposable LWs in hospitals. Due to associated advantages with the
utilization of disposable LWs and rising prevalence of hospital acquired
infections the usage of disposable LWs in hospitals is anticipated to
demonstrate an upward shift in near future.
While clinics are expected to show lucrative growth owing to
rising demand for remote patient monitoring services and increasing awareness
amongst end-users. The benefit of clinics is that they offer physicians’ quick
access to the results, speeding the diagnostic process; subsequently, the
demand for LWs in the clinical settings is huge due to the necessary
requirement to keep up a hygienic and non- contaminated environment.
Regional Insights
North America held a leading position in the overall
disposable LWs market in 2015 due to the rising mortality rates due to
cardiovascular disorders and rising healthcare expenditure in countries such as
the U.S. Besides, local presence of key players in the North American region
likewise contributes towards the development of disposable LWs market.
Asia Pacific is expected to gain the most astounding CAGR
over the forecast period due to escalating disposable income and rising
prevalence of cardiovascular disorders & hospital-acquired infections
(HAIs).
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Disposable Lead Wires
Machine Type Outlook (Revenue, USD Million, 2014 - 2025)
• 3 Lead
• 5 Lead
• Others
Disposable Lead Wires
End-Use Outlook (Revenue, USD Million, 2014 - 2025)
• Hospitals
• Clinics
• Long Term
Facilities
• Ambulatory
& Home Care Settings
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