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Aging Population & Increasing Incidence of Cardiovascular and Neurological Diseases Drive the Global Market for Cables & Leads for Medical Equipment

Published: January 2018


  • Code: MCP-3316
  • Pages: 240
  • Tables: 98
  • Companies: 57


The global market for Cables and Leads for Medical Equipment is projected to reach US$6.2 billion by 2024, driven by the aging population, rising incidence of cardiovascular and neurological diseases, and increase in the number of diagnostic procedures such as EEG and ECG. The United States represents the largest market worldwide. As the baby boomer population continues to age, demand for pacemakers, defibrillators, electrocardiography (ECG) as well as electroencephalography (EEG) equipment is expected to grow significantly. While economics, general health awareness and policy level changes are driving preventive healthcare in developed markets, rising incomes, growing health awareness, increasing access to better healthcare, and rising incidences and prevalence of chronic diseases are driving growth for diagnostic devices in emerging markets. Asia-Pacific represents the fastest growing market, exhibiting a CAGR of 8.1% during the analysis period. 

    Summary of Findings

  • Growing Concerns Over the Risk of Cross-Contamination Drives Demand for Disposable Leads
  • Rising Medical Awareness Over the Clinical Value of Continuous Neurological Monitoring in Long-Term Care Drives Demand for Cables and Leads Used in EEG Monitoring Systems
  • Continuous EEG Monitoring in Neonates to Benefit Demand Growth in the Market
  • Medical Recommendations for Long-Term Monitoring for Epilepsy Helps Expand the Number of EEG Monitoring Procedures
  • Emergence and Adoption of Wireless ECG: A Key Challenge to Market Growth

    Timeline for Analysis

  • Market Estimates and Forecasts for 2016-2024
  • Historic Review 2011-2015

    Geographic Markets Analyzed

  • US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World

    Market Segmentation & Classification

  • End-Use Segments/Application Areas:
    • Pacemaker, Defibrillator, EEG, and ECG


  • 3M Company
  • Boston Scientific Corporation
  • ConMed Corporation
  • Curbell Medical Products, Inc.
  • Koninklijke Philips N.V
  • Medtronic Plc


  • Review of Industry/Market Structure
  • Analysis of Trends & Drivers
  • Insights on Macro Market Scenarios
  • Market SWOT Analysis
  • Latent Demand Forecasts & Projections
  • Comprehensive Geographic Market Analysis
  • Presentation Ready Facts & Statistical Data Findings
  • Coverage of Major/Niche Players, Market Shares & Competition
  • Coverage of major Company/Technology/Product/Financial Stories
  • Extensive Product/Service/End-Use/Technology Coverage Where Applicable

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