Disposable Lead Wires Market Analysis, Business Overview,
Consumption and Forecasts 2014-2025
“Escalating incidence of cardiovascular diseases resulted into growing
adoption of ECG equipment and accessories thereby fueling the demand for
ECG lead wires (LWs) during the forecast period.”
Industry Insights
The Global Disposable Lead Wires Market size was worth USD 545.0 million in 2015 and is anticipated to grow
at CAGR of 6.3% in coming years. Escalating incidence of cardiovascular diseases resulted into growing adoption
of ECG equipment and accessories thereby fueling the demand for ECG lead wires (LWs) during the forecast
period. Reusable LWs can cause blood stream infections since these LWs are the prime source for proliferating
antibiotic resistant bacteria in patients which resulted in shifting of preference toward disposable LWs over the
forecast period.
In addition, growing geriatric population base is anticipated to broaden the consumer base as old age people
are at higher risk for cardiovascular disorders, which is anticipated to trigger the demand for patient monitoring
devices, which consists of disposable LWs in coming years.
Furthermore, escalating healthcare associated infections is a major contributing factor expected to drive the
market growth. As per the study published in the white paper of SunTech Medical Inc., each year 2 million
people acquired healthcare associated infections in the U.S. alone and the incidence is expected to grow over
the forecast period. The previously mentioned elements are crediting toward the growth in coming years.
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