Electrophysiology Market Analysis and In-depth Research on Market Size, Trends, Emerging Growth Factors and Regional Forecasts to 2022

The market is driven by growth in incidence of atrial fibrillation (one of the most common heart rhythm disorder or cardiac arrhythmia), growth in baby boomer generation with high-risk of targeted diseases, and increase in adoption of EP catheter ablation. Rise in focus of the key players toward innovative EP technologies (such as 3D mapping systems, bidirectional duodecapolar diagnostic catheter, remote steering systems, and irrigated-tip RF catheters), and growth in EP labs further drives the market growth. However, stringent government regulations, high cost of the treatment of complex arrhythmias, preference to pharmaceutical interventions (drugs) over, and dearth of skilled & experienced electrophysiologists restrain the market growth.

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Electrophysiology Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $8,271 million by 2022, registering a CAGR of 13.4% during the period 2016-2022. Electrophysiology (EP) ablation catheters is expected to dominate the global electrophysiology market throughout the forecast period. North America accounted more than one-third share of the global electrophysiology market in 2015.

ey Findings of the Electrophysiology Market :

• Cryoablation EP catheters is expected to grow at a remarkable CAGR of 15.1%.

• Irrigated-tip RF ablation catheters is projected to grow at a high CAGR of 14.6%.
• Japan is the major shareholder, accounting for around half of the Asia-Pacific electrophysiology market.

• In 2015, EP ablation catheter was the leading product type, and is projected to grow at a high CAGR of 14.4%.

• U.S. was the highest market shareholder with over 80% in the North American region in 2015.

• North America is expected to dominate the EP market followed Europe, during the analysis period.

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Key players in the market :

• Biosense Webste Inc.
• (A Johnson & Johnson Company)
• Boston Scientific Corporation
• Medtronic Inc.
• GE Healthcare (Division of General Electric Co.)
• Siemens AG
• Medtronic plc
• Philips Healthcare (A Division of Koninklijke Philips N.V.)
• Biotronik SE & Co.KG
• Microport Scientific Corporation
• Abbott Laboratories.

Table of content:


Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key market benefits
1.3 Key market segments:
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top investment pockets
3.2.2 Top winning strategies

3.3 Porters five forces analysis

3.3.1 Bargaining power of suppliers
3.3.2 Bargaining power of buyers
3.3.3 Threats of new entrants
3.3.4 Threats of substitutes
3.3.5 High intensity of rivalry

3.4 Market share analysis, 2015
3.5 Market dynamics

3.5.1 Drivers

3.5.1.1 Technological advancements in EP Devices
3.5.1.2 Growing incidence of AF due to increasing baby booming generation
3.5.1.3 Unmet medical needs with upcoming treartment modifictions
3.5.1.4 Increasing preference of EP catheter ablation for cardiac arrhythmia treatment

3.5.2 Restraints

3.5.2.1 High cost of the EP Device
3.5.2.2 Dearth of skilled electrophysiologists
3.5.2.3 Preference to pharmaceutical interventions (drugs) over EP treatment devices

3.5.3 Opportunities

3.5.3.1 Lucrative opportunities in emerging economies
3.5.3.2 Rising awareness regarding the EP technologies

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