Market World Disposable Lead Wires Market | Page 2
Material Insights
In 2015, Thermoplastic Elastomer (TPE) held the dominant share of the material segment. The substantial share
is attributing to the associated advantages with its usage including compatibility, high cost efficiency, high
insulation properties and stability. The segment is further expected to enlist exponential development during
the forecast period as a result of rising adoption and applicability in various applications.
Thermoplastic polyurethanes (TPUs) are a type of TPEs and are long-chain linear polymers having no cross-links.
The TPU material provides abrasion resistance, biocompatibility, bio stability and low-temperature elasticity,
which makes them the best material for manufacturing of LWs. The TPU-based LWs are usually resistant to
abrasion, exhibit acid-base resistance, fungus and heat. The previously mentioned benefits with the utilization
of TPUs are anticipated to boost the usage rates over the forecast period.
Machine Insights
Other segments which include 6, 12, 15 and 18 lead of machine type accounted for the substantial share in
2015. This is creditable to persistent adoption as a result of larger preference owing to the related advantages
such as ease of use, efficiency and flexibility.
In addition, 5-lead machine type is anticipated to grow at a lucrative growth rate over the forecast period. This
is ventured to be an outcome of persistent usage in cardiology and patient monitoring systems in coming years.
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End-Use Insights
Hospital segment held a leading position in the market of disposable LWs in 2015. This can be ascribed to their
extensive machine varieties of disposable LWs in hospitals. Due to associated advantages with the utilization of
disposable LWs and rising prevalence of hospital acquired infections the usage of disposable LWs in hospitals is
anticipated to demonstrate an upward shift in near future.
While clinics are expected to show lucrative growth owing to rising demand for remote patient monitoring
services and increasing awareness amongst end-users. The benefit of clinics is that they offer physicians’ quick
access to the results, speeding the diagnostic process; subsequently, the demand for LWs in the clinical settings
is huge due to the necessary requirement to keep up a hygienic and non- contaminated environment.