A foam electrode is used for the rapeutic purposes to transfer electrical currents from the electrical nerve stimulation device to the patient’s body. These foam electrodes manage chronic and acute pain of various muscle groups.
The application segment is divided into hospitals and clinics. The clinic sub-segment is growing at a significant rate. Due to the increasing number of patient visits to physician clinics for regular health checkups. Thus, driving the foam electrode market.
By region, the Asia-Pacific foam electrode market is expected to grow at a significant rate. Factors such as the increasing incidence of chronic diseases, the growing geriatric population, and less stringent regulations are major factors contributing to the growth of the foam electrode market.
The market is projected to grow at a significant pace reaching a CAGR of approximately XX %, over the forecast period of 2022–2028, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Type (Ag Sensor, AgCl Sensor), by Application (Hospital, Clinic), to forecast the Foam Monitoring Electrodes by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.
Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including Dynatronics Corporation, Medline, Harvard Apparatus, 3M, Philips, Performance Health, McKesson.
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