EP ablation catheter based electrophysiology market to garner hefty proceeds over 2018-2024: Johnson & Johnson, Japan Lifeline, Abbott Laboratories, Stereotaxis, Topera, Magnetecs Corporation, Koninklijke Philips, , GE Healthcare, Medtronic, and Siemens A
Rising market penetration of ablation and diagnostic catheters in developing countries of Asia Pacific and Latin America will positively impact industry expansion. Technological advancements in electrophysiology devices such as ablation catheters and devices used for mapping and navigational technologies will escalate adoption rate, thereby fueling industry growth.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2968
Biotronik SE & Co. KG
Boston Scientific Corporation
Johnson & Johnson
Microport Scientific Corporation
Growing preference towards early disease diagnosis and treatment will further accelerate demand for electrophysiology diagnostic catheters. Moreover, on-going research activities pertaining to investigating appropriateness and applicability of different ablation modalities to treat and reduce recurrence rate of cardiac arrhythmias should boost industry size growth over the coming years. However, dearth of skilled electrophysiologists, high cost and high reuse rate in countries such as India will hamper business growth during the forecast period.
Product segment of electrophysiology market includes ablation catheters, diagnostic catheters and electrophysiology laboratory devices. EP ablation catheters held largest market share of around 48.2% in 2017 owing to increasing prevalence of atrial fibrillation, technological advancements and growing application of ablation catheters for cardiac rhythm management especially in developing countries such as China and India.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2968
Rising number of baby boomers will significantly contribute to industry growth. Elderly people, more prone to suffer from atrial fibrillation will drive atrial fibrillation indication segment, leading to 5.7 % CAGR during the forecast period. Atrial fibrillation is more common in people suffering from hypertension, heart valve disease, cardiomyopathy, chronic obstructive pulmonary disease (COPD), diabetes and others. Occurrence of such diseases will augment incidences of atrial fibrillation, thereby stimulating demand for ablation catheters.
Electrophysiology Market, by Product
o EP ablation catheters
o Radiofrequency (RF) ablation catheters
o Cryoablation catheters
o EP diagnostic catheters
o EP laboratory devices
Electrophysiology Market, by Indication
o Atrial fibrillation
o Ventricular tachycardia
o Atrial tachycardia
o Atrial flutter
o WOLFF-Parkinson-White (WPW) syndrome
o Atrioventricular nodal reentry tachycardia
U.S. electrophysiology market dominated the global industry with around 32% market share in 2017 and is estimated to show lucrative growth during the forecast period. Technological advancements coupled with increasing research activities pertaining to development of innovative ablation techniques will drive U.S. electrophysiology market. Rising awareness about early disease diagnosis and treatment along with rising number of people suffering from cardiac arrhythmia condition such as atrial fibrillation in the country will further accelerate industry growth.
For more information about this report visit :https://www.gminsights.com/industry-analysis/electrophysiology-market
Increasing geriatric population and rising prevalence of cardiac arrhythmias will act as major driving factor for China electrophysiology market. Electrophysiology catheter ablation is one of the most commonly performed cardiovascular intervention in the country. Expanding reimbursement levels coupled with favorable government policies will positively impact industry growth.
Some of the notable players operating in electrophysiology market are Johnson & Johnson, Japan Lifeline, Abbott Laboratories, Stereotaxis, Topera, Magnetecs Corporation, Koninklijke Philips, Boston Scientific Corporation, Biotronik SE & Co. KG, Microport Scientific Corporation, GE Healthcare, Medtronic, and Siemens AG.
Industry players are focusing their efforts on superior product development to fulfil growing demand for advanced devices as well as consolidate market position. For instance, In August 2018, BioSig Technologies announced U.S. FDA clearance for PURE EP system, designed for digitizing, acquiring, filtering, amplifying, displaying, measuring and calculating, recording and storage of intracardiac and electrocardiographic signals for patients undergoing electrophysiology (EP) procedures in an EP laboratory.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release EP ablation catheter based electrophysiology market to garner hefty proceeds over 2018-2024: Johnson & Johnson, Japan Lifeline, Abbott Laboratories, Stereotaxis, Topera, Magnetecs Corporation, Koninklijke Philips, , GE Healthcare, Medtronic, and Siemens A here
News-ID: 1597513 • Views: 466
More Releases from Global Market Insights, Inc.
Hypochlorite Bleaches Market to hit US$ 300 Mn 2025 | Top Key Players like Adity …
As per the research report by Global Market Insights, Inc., Global Hypochlorite Bleaches Market to cross USD 300 million by 2025 and grow at 3.4% CAGR from 2019 to 2025. It has been projected that the Global hypochlorite bleaches market is expected to reach a consumption of around 485-kilo tons by 2025. Water scarcity as well as rising water costs have led to more emphasis being laid on water recycling and
Feminine Hygiene Products Market: Growing awareness regarding intimate health in …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Feminine Hygiene Products Market. One of the most hushed topics across the world is female hygiene, the negligence of which results in several diseases. Studies claim that nearly 30% to 60 % women across the globe develop urinary tract infection once in their lifetime, mainly due to negligence in proper intimate hygiene. Dearth of knowledge regarding the negative consequences of
Examination Gowns Market 2020 business trends & growth opportunities to 2026
Global Market Insights, Inc., announces an ongoing comprehensive report on the Examination Gowns Market. The exposure to various kinds of hospital acquired infections has led to a spate of health problems for the healthcare professionals as well has the patients. In this regard, experts have been massively shifting to adoption of personal protective equipment or clothing, examination gowns, protecting them from all kinds of infections. These gowns are present in the
Nonwoven Packaging Market to witness increased demand from pharmaceutical sector …
Global Market Insights, Inc., announces an ongoing comprehensive report on the Nonwoven Packaging Market. With the world struggling to fight against negative consequences of industrialization and increased carbon emissions, nonwovens or nonwoven fabrics have emerged as an intrinsic solution for all ecological imbalances across the globe. These fabrics are made from staple fiber and long fibers, merged together by chemical, heat, or mechanical treatment. These are generally used in textile manufacturing
More Releases for Electrophysiology
Global Electrophysiology Ablation Market Research, Developments and Innovations …
ResearchMoz include new market research report "Global Market Study on Electrophysiology Ablation: Increasing Atrial Fibrillation Procedures Coupled with Developing Cardiovascular Treatment Facility Infrastructure Fueling Revenue Growth" to its huge collection of research reports. A recent market study published by the company titled Electrophysiology Ablation Market: Global Industry Analysis 2013-2017 & Forecast 2018-2026 consists of a comprehensive assessment of the most important dynamics of the electrophysiology ablation market. Upon conducting comprehensive research
Visual Electrophysiology Testing Devices Market Forecast and Segments, 2017 - 20 …
Visual electrophysiology is the technique involved for recording numerous electrical signals from brain, optic nerve and eye in response to the visual stimuli. The electrophysiological responses are varied in different ways according to the disease progressions affecting the optic nerve, retina and visual pathways. Visual electrophysiological tests are performed with its wide range of application involving diagnosis, locating problem at some level of visual system, elimination of specific conditions, valuation
Electrophysiology Devices Market trend, outlook 2025
Electrophysiology involves the study of electrical activity of heart to diagnose and monitor any arrhythmia. Depending on the results of electrophysiology studies, the course of treatment such as medication, implantable medical devices, cardiac ablation, and surgery can be decided. Electrical signals have a specific travel pattern in the heart, which changes and becomes irregular due to disorders and conditions such as heart attacks, aging, and blood pressure. In such cases,
Electrophysiology Laboratory Devices Market To Witness Exponential Growth By 202 …
An Electrophysiology (EP) Laboratory is an operating room or a theatre equipped with high-tech equipment used in the treatment of cardiovascular problems such as arrhythmia, fibrillation, congestive heart failure and stroke among others. EP lab offers patients the opportunity to have their arrhythmia, or irregular heartbeat, tested, diagnosed and treated. An irregular heartbeat can lead to heart complications, fatigue, congestive heart failure or stroke. The EP lab focuses on the
Europe Electrophysiology Market Competitive landscape analysis 2021
Electrophysiology can be defined as the study of electrical properties in biological tissues and cells. It measures changes in electrical currents and voltages across systems varying from single ion protein channels to complete organs like the heart.Europe Electrophysiology Market was worth USD 1.43 billion in 2016 and estimated to be growing at a CAGR of 9.43%, to reach USD 2.24 billion by 2021 In this field, the modalities which are most
Electrophysiology Market By Product and By Indication
According to the report Global Electrophysiology Market, published by Market Data Forecast, the Market was worth USD 6.21 billion in 2016 and estimated to be growing at a CAGR of 9.79%, to reach USD 9.91 billion by 2021. Electrophysiology can be defined as the study of electrical properties in biological tissues and cells. It measures changes in electrical currents and voltages across systems varying from single ion protein channels to