DUBLIN--(BUSINESS WIRE )--The "Disposable Lead Wires Market Size, Share & Trends Analysis Report by Material (TPE, TPU, Silicone, PVC), by Machine Type (3 Lead, 5 Lead, 12 Lead, 6 Lead), by End-use, by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global disposable lead wires market size is expected to reach USD 1.7 billion by 2030, registering a CAGR of 6.6%. Rising incidence of hospital-acquired infections (HAIs) is the key driving factor for the market growth.
The reusable lead wires are the major cause of hospital-acquired bloodstream infections. The use of disposable lead wires eliminates the risk of cross-contamination. In addition, it reduces the cost associated with HAIs. The aforementioned benefits are presumed to boost the usage rates over the forecast period.
As per the data published by the University of Wisconsin Hospital and Clinics, Madison, more than 77% of cases of contamination with Multidrug-Resistant Bacterial Pathogens (MRSA, Vancomycin-Resistant Enterococci (VRE) were connected with the use of reusable ECG lead wires in hospitalized patients.
According to World Health Organization (WHO), 7 out of every 100 hospitalized patients will develop hospital-acquired infections in developed countries, whereas, the number will increase to 10 in developing countries due to poor healthcare infrastructure. The rate of ICU-acquired infections is at least 2-3 times higher in developing countries. Hence, significant demand for these products prevails due to such factors.
Moreover, the rising number of government initiatives to promote the incorporation of patient safety procedures in hospital settings is presumed to drive the overall market growth during the forecast period. Furthermore, an introduction of technologically advanced disposable LWs is anticipated to drive the market growth during the forecast period. For instance, advanced disposable ECG-LWs with patented push-button design have superior capabilities in reducing alarms that are created by a failure of leads and the absence of telemetry. These above-mentioned factors are anticipated to fuel the market growth.
Disposable Lead Wires Market Report Highlights
Chapter 1 Research Methodology & Scope
Chapter 3 Disposable Lead Wires Market Variables, Trends & Scope
3.1.1.1 Increasing incidence of hospital acquired infections
3.1.1.2 Increasing prevalence of cardiovascular diseases
3.1.1.4 Increasing demand for disposable devices
3.2 Penetration & Growth Prospect Mapping
3.3 Disposable Lead Wires- PESTLE Analysis
Chapter 4 Disposable Lead Wires: Materials Estimates & Trend Analysis
Chapter 5 Disposable Lead Wires: Machine Type Estimates & Trend Analysis
Chapter 6 Disposable Lead Wires: End-use Estimates & Trend Analysis
Chapter 7 Disposable Lead Wires: Regional Estimates & Trend Analysis, by Materials, Machine Type, and End-use
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900