Overview of Global Electrophysiology Market Size, Share, and Growth Forecast for 2023-28
The report aims to provide a comprehensive perspective on the Global
Electrophysiology Market
: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028.
It offers an industry overview, including an analysis of historical and future
market growth. Key parameters such as revenue, demand, and applicable supply
data are highlighted. The study offers regional estimates, forecasts, and trend
analyses for various countries.
Report's
Study Period:
- Historical period: 2018 – 2021
- Base Year: 2022
- Forecasting period: 2023 – 2028
Insights and Analysis of the Global Electrophysiology
Market for the Period 2023-2028:
The Global Electrophysiology Market is projected to grow
at a CAGR of around 10.5% during the forecast period, i.e., 2023-28. The market
is largely driven by the intensifying burden of cardiac arrhythmias worldwide.
The emerging need for high precision and controlled cardiac diagnostic and
ablation procedures paired with conducive reimbursement policies is observed to
be a solid booster to the adoption of minimally invasive electrophysiology
therapies. Atrial Fibrillation, Atrial Flutter, Wolff-Parkinson-White (WPW),
Ventricular Tachycardia, And Atrioventricular Nodal Reentry Tachycardia all
have rising prevalence and incidence rates. Besides, in order to
facilitate better sterility, safety, and affordability, the key market players
have switched to disposable catheters for intermittent cardiac procedures,
making the demand for disposable catheters skyrocket in the coming years.
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Global Electrophysiology Market
Dynamic:
Industry Driving Factor:
The Transcending Burden
of Cardiovascular Diseases Worldwide - An alarming rise in the number of
cardiac arrhythmias has compelled innovations in the manufacturing of
electrophysiology devices. According to WHO, around 17.9 million people succumb
to Cardiovascular diseases (CVDs) every year, accounting for 32% of total
deaths worldwide. Out of 5, four CVD deaths are due to strokes and heart
attacks, with one-third of these deaths occurring in people under 70. Likewise,
as per Canadian government health statistics, one out of twelve Canadians lives
with heart disease. Backed by behavioral risk factors such as unhealthy diet,
physical inactivity, and excess alcohol and tobacco consumption, the patient pool
is expected to surge in the coming years, presenting the need for more
effective electrophysiology devices. As a result, the market is expected to
enthrall in the coming years
Segmentation Analysis of the Electrophysiology
Market for the Period 2023-2028:
Our team of analysts has carefully studied the market using various methods
and calculations to create a detailed analysis. We've broken down the market
into different sections and thoroughly examined each one. This in-depth
exploration has helped us identify the standout performing segment in each
section by closely examining various aspects of the market.
We have delved into the factors and trends driving increased activity in
these specific segments. Additionally, we have identified the main market participants
who are actively involved in these segments, giving us a complete understanding
of their unique characteristics. Our study also includes a comprehensive view
of the market's structural expansion, offering a clear framework to understand
how it has evolved.
· By
Product
o Electrophysiology Laboratory Devices
§ 3D Mapping Systems
§ Electrophysiology Recording System
§ Radio Frequency (RF) Ablation Systems
§ Intracardiac Echocardiography (ICE) Ultrasound
Imaging Systems
§ Electrophysiology X-Ray Systems
§ Electrophysiology Remote Magnetic and Robotic
Navigation Systems
o Electrophysiology Ablation Catheters
§ Cryoablation Electrophysiology Catheters
§ Radiofrequency (RF) Ablation Catheters
§ Microwave Ablation (MWA) Systems
§ Laser Ablation Systems
o Electrophysiology Diagnostic Catheters
§ Conventional Electrophysiology Diagnostic Catheters
§ Advanced Electrophysiology Diagnostic Catheters
§ Ultrasound Electrophysiology Diagnostic Catheters
o Access Devices
o Other Products
· By
Indication Type
o Atrial Fibrillation
o Atrial Flutter
o Atrioventricular Nodal Reentry Tachycardia (AVNRT)
o Wolff-Parkinson-White Syndrome (WPW)
o Other Indications
· By
End User
o Hospitals & Cardiac Centers
o Ambulatory Surgery Centers
· By
Region
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
Explore the Complete Electrophysiology Market Analysis
Report - https://www.marknteladvisors.com/research-library/electrophysiology-market.html
Leading Market Position in The Electrophysiology
Market
In analysing the Electrophysiology Market,
we conduct a thorough competitive benchmarking assessment involving key firms
such as
- Abbott
- Medtronic
- Boston Scientific Corporation
- Koninklijke Philips N.V.
- General Electric Company
- Siemens Healthineers International AG
- Stereotaxis Inc
- Merit Medical Systems
- APN Health LLC
- Osypka Medical
- Japan Lifeline Co Ltd
- Johnson & Johnson
- Biotronik
- Microport Scientific Corporation
- Cathrx Ltd.
- Others (Cook Medical, Teleflex Incorporated, etc.)
This evaluation entails a detailed review of each company's product value,
capabilities, and notable attributes. Moreover, our study encompasses recent
mergers, acquisitions, and product launches by these firms, aiming to offer
stakeholders valuable insights into the prevailing market dynamics.
For Any Questions or Further
Discussions, Connect with Our Analyst Here: https://www.marknteladvisors.com/query/request-customization/electrophysiology-market.html
Electrophysiology Market Recent
Development:
·
In May 2022, CathVision declared that
ECGenius EP Recording System, a new high-fidelity and low-noise solution, has
been given FDA approval. The device successfully diagnosed and treated complex
atrial arrhythmias during tests.
The Electrophysiology Market
Research Report for 2023-28 addresses several key questions:
1.
How will the growth rate of the Electrophysiology
market progress during the projected period?
2.
What market factors will serve as the foundation for
shaping client and business strategies?
3.
Which factors are currently exerting influence,
including increased demand and ongoing market advancements?
4.
Among the studied market segments, which one’s present
promising avenues for extended growth opportunities?
5.
Which company currently holds the leading market
position?
Other Reports –
1.
https://svoidom-nsk.ru/28579/
2.
https://uchatoo.com/read-blog/53196
3.
https://www.rugbynflforum.com/read-blog/12919
4.
https://www.mymeetbook.com/read-blog/45689
5.
https://www.diccut.com/read-blog/9029
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