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

Published: January 2018


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


The global market for ECG Cables and Leads is projected to reach US$6.2 billion by 2024, driven by aging population, rising incidence of cardiovascular and neurological diseases, and increase in the number of diagnostic procedures such as electrocardiography (ECG) and electroencephalography (EEG). Also poised to drive demand is the growing importance of neonatal EEG monitoring in detecting cerebral abnormalities and seizures, as well as identify potential developmental problems at an early stage to prevent long-term brain damage and injury in critically ill infants. The market is also poised to benefit from innovations such as development of shielded medical cables that reduce the risk of noise and signal interference; rugged designs that make them reliable for use in high-humidity, high-pressure, and high-temperature applications; development of products with interchangeable features and growing value of custom reusable and disposable medical wires. Designed to capture the electrical activity of the heart, ECG leads are witnessing growing demand as a result of the increasing incidence in cardiovascular diseases. Manufacturers are focusing on the development of ECG leads with enhanced ergonomic features that offer improved handling; and superior patient comfort. The United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market, exhibiting a CAGR of 8.1% during the analysis period led by factors such as growing population and healthcare burden; developing healthcare and diagnostic infrastructure; and increase in cardiac pacemaker implant procedures as Asia emerges into a medical tourism hotspot for affordable cardiac care. 

    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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