The electrodes for medical devices market was estimated at about USD 634 million in 2012. It is predicted to increase during the forecast phase, at about 12 percent CAGR. The market is anticipated to make revenue worth around USD 1, 450 million by the end of the phase.
An electrode is a medical instrument that transforms ion energy into electric current. This electric current is augmented to treat and detect diseases. The two categories into which the market of electrodes for medical devices is fragmented are product kinds and geographical regions.
The electrodes for medical devices market is also driven by increase in diseases, in combination with the transportability and efficiency of devices. The forecast phase lasts from 2013 to 2019.