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Electrophysiology Market Analysis Focusing on Top Key Players – Biotronik SE & Co. KG, Abbott Laboratories, Johnson & Johnson, Koninklijke Philips, Magnetecs Corporation, Japan Lifeline, Stereotaxis, Topera, Boston Scientific Corporation, GE Healthcare

11-05-2018 11:39 AM CET | Health & Medicine

Press release from: marketstudyreport.com

Electrophysiology

Electrophysiology

MarketStudyReport.com Adds New Electrophysiology Market 2018 – 2024 research report providing information and data By Product, By Indication, By End-use, Industry Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast spreading across 220 Pages with table and figures in it.

Japan electrophysiology market is primarily driven by growing geriatric population base and rising number of people suffering from chronic conditions including cardiovascular diseases, obesity and diabetes. Government support coupled with technological advancements in EP devices will further drive Japanese electrophysiology industry.

Few notable industry players operating in electrophysiology market include Biotronik SE & Co. KG, Abbott Laboratories, Johnson & Johnson, Koninklijke Philips, Magnetecs Corporation, Japan Lifeline, Stereotaxis, Topera, Boston Scientific Corporation, GE Healthcare, Microport Scientific Corporation, Medtronic, and Siemens AG.

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U.S. electrophysiology market valued over USD 1.3 billion in 2017 and is estimated to follow similar trend during the forecast period owing to high technological adoption in the country coupled with increasing research activities pertaining to development of new ablation techniques. Presence of industry leaders, undertaking numerous initiatives to sustain market competition will positively impact U.S. electrophysiology market growth.

Based on indication, electrophysiology industry is segmented into atrial fibrillation, ventricular tachycardia, atrial tachycardia, atrial flutter, WOLFF-Parkinson-White (WPW) syndrome, and atrioventricular nodal reentry tachycardia. Increasing prevalence of ventricular tachycardia will drive ventricular tachycardia segment growth. As per the American Heart Association, ventricular tachycardia is responsible for most of the sudden cardiac deaths in the U.S.

Technological advancements pertaining to advancing mapping, navigational and ablation techniques used in electrophysiology should accelerate EP devices adoption rate during the forecast period. Furthermore, on-going clinical studies focusing on developing innovative ablation solutions will positively impact business growth.

Increasing market penetration of ablation as well as diagnostic catheters in developing countries of Latin America and Asia Pacific will significantly drive industry growth. However, dearth of skilled electrophysiologists, prohibitive cost of EP devices and high device reuse rate in countries such as India will hamper electrophysiology industry growth during the forecast period.

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EP diagnostic catheters product segment is estimated to witness around 5.4% CAGR during the forecast period owing to rising awareness about cardiovascular diseases and growing preference towards early disease diagnosis and treatment. Application of diagnostic catheters in cardiac ablation procedures as well as procedures not involving ablation such as pacemaker, or CRT device implantation will further drive business growth.

Table of content:

Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Electrophysiology Industry Insights
Chapter 4. Electrophysiology Market, By Product
Chapter 5. Electrophysiology Market, By Indication
Chapter 6. Electrophysiology Market, By Region
Chapter 7. Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/electrophysiology-market

Related Report:

Global Electrophysiology (EP) Device Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

This report focuses on the Electrophysiology (EP) Device in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Electrophysiology (EP) is the study of the mechanism, function and performance of electrical signaling pathways that guide the functioning of the heart. EP study is a procedure that is performed to diagnose arrhythmias by locating areas of heart tissue that interrupt the normal functioning of the heart's electrical system. During an EP study, the electrophysiologist inserts several long, flexible tubes with wires, called catheters, into the heart to record electrical activity within the heart chambers and to detect abnormal electrical pathways. The second part of the test involves electrical stimulation of various parts of the heart to induce an abnormal heart rhythm. This helps the electro physiologist in treatment mapping, which could involve surgical removal of the abnormal tissue in the heart using a catheter.

https://www.marketstudyreport.com/reports/global-electrophysiology-ep-device-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=RR-PSR

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