Press release
Electrophysiology Devices market expected to grow at 12.46% CAGR by 2025
Increasing cases of cardiovascular diseases is boosting the Electrophysiology devices market. Cardiovascular disease is one of the leading causes of death across the world wide according to World health organization. Strokes and heart attacks are the two types of CVD that are contributing to grow mortality rate globally.Global Electrophysiology Devices market is anticipated for technological advancements and product innovation. Europe, Middle East & Africa and Americas are the largest contributor to the global EP devices market. Asia-Pacific is projected to grow at a rapid pace over the forecast period.
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Atrial fibrillation is a major type of CVD contributing to the EP devices market growth. EP diagnostics and treatment devices include ablation catheters, pacemakers, and implantable cardioverter defibrillators which are used extensively for CVD treatment.
Electrophysiology Devices market is dominated by the dealers include Boston Scientific, Medtronic, and GE Healthcare. ECG, MRI is some of the devices which gained popularity in global EP devices market.
EP devices market is expected to increase at a CAGR of 12.46% over the forecast period (2019-2025).
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The report provides detailed research and analysis into Electrophysiology Devices industry long term trends, recent advancements, technological insights and new market dynamics. The research report gives the current Electrophysiology Devices Market value across each segment including type, Product, end user industry and region outlook to 2025 to provide wide-ranging knowledge and detailed insights.
It presents the market attractiveness index through porters five force analysis on the basis of bargaining power of buyers, competitive rivalry, threat of new entrants, threat of substitutes, and bargaining power of suppliers.
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Electrophysiology Devices Market growth prospective and future opportunities of five regions across the world are forecasted in the research report. The forecasts are made on the basis of drivers, restrains and opportunities of market across all geographies with competitive analysis, specific trends, growth strategies, region specific assessments, and industry developments.
Significantly researched competitive landscape with profiles of key companies and their market shares are thoroughly analysed in the report. Company wise recent developments and new technology launches are also analysed in the report. In addition, growth initiatives of each top company including mergers, joint ventures, acquisitions, new product developments are also studied in the report.
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The study aids in the evaluation of aberrant heartbeats and the examination of electrical impulses in the heart. The ability to target the regions of the heart that cause atrial fibrillation has improved because of substantial advancements in EP technology. Other cardiac arrhythmias, such as atrial flutter, Wolff-Parkinson-White Syndrome (WPW), atrioventricular nodal reentry tachycardia (AVNRT), and others, have benefited from the advancements in technology.
Global Electrophysiology market was valued at $5.69…