The role of the new crown epidemic on the disposable ECG lead wire product industry
Market demand
Disposable, single-patient-use ECG leads can help protect patient safety by avoiding cross-contamination, which has always been a critical issue in medicine, but is now more important than ever
Because reused ECG leads are in direct contact with patients, they can be a source of harmful cross-contamination. Disposable ECG leads help reduce complex cross-contamination issues and enhance patient care.
Market Trends and Drivers
Before the COVID-19 crisis, sales of disposable ECG leads were expected to exceed $1 billion by 2024, with a compound annual growth rate (CAGR) of 25%. Given the widespread impact of the coronavirus, the single-use ECG lead market is currently expected to double over the same period.
Hospitals and ambulatory care, long-term care centers, clinics, and hospitals are major users of ECG leads and cables. With the global prevalence of cardiovascular disease, the need for prevention, monitoring and treatment is increasing. This is expected to spur growth in the use of ECG devices, thereby stimulating the demand for ECG lead wires and cables. In addition, increasing focus on healthcare and technological developments is also driving the market growth.
The market is also driven by the growing demand for cardiac monitoring devices for cardiovascular disease prevalent among the elderly and modern urban populations. The advent of ECG monitoring systems with wireless technology is expected to have a transformative impact on the market. Other factors supporting growth include favorable regulatory policies and implementation of government-mandated regulations for monitoring equipment; emergence of innovative products; and investments in untapped markets.
market development
North American hospitals are the largest single-use lead wire demand market, but European and Asia-Pacific countries are expected to increase adoption of these products as the world focuses on infection control and reducing the spread of cross-contamination. Umai Medical provides high-performance disposable ECG leads and cables for the medical device and healthcare industries, including single-use monitoring split ECG leads and disposable integrated ECG leads. ECG cables and lead wires are Umai's leading products, and the product technology has always been in the leading position in the industry, and is compatible with multi-parameter patient monitors of major brands in the world. . The disposable ECG cables and lead wires of Umai Medical are used to connect the patient and the monitor, which can be used by a single patient and reduce the risk of cross-infection between repeated cables and lead wires between patients.
As connector and cable assembly suppliers, medical technology OEMs, and electrode manufacturers respond to this rapidly growing market, we can expect to see the development of more user-friendly, low-cost, disease-preventive technology solutions.