openPR Logo
Press release

EP Catheter Ablation Market Projected to Reach US$ 2.74 Billion Globally, Registering a CAGR of 7.9% by 2026 | Medtronic Plc., Boston Scientific Corporation, Johnson & Johnson, BIOTRONIK SE & Co. KG

10-04-2019 12:31 PM CET | Health & Medicine

Press release from: Transparency Market Research

EP Catheter Ablation Market Projected to Reach US$ 2.74 Billion

Unwavering prevalence of cardiac conditions such as flutter, atrial fibrillation, and arrhythmia has driven the adoption of medical procedures such as ablation and electrophysiology (EP) study. Utilization of EP ablation catheters in treatment of cardiovascular disorders continues to gain significant traction. Patients are being drawn towards reliable procedures such as electrophysiology study for the heart. The success rate of these procedures promotes the reputation of catheters being used. Transparency Market Research projects that positive patient attitudes towards the utilization of catheters in ablation procedures and EP studies will foster the growth of the global EP catheter ablation market.

Obtain Report Details @ https://www.transparencymarketresearch.com/ep-catheter-ablation-market.html

RF Ablation Catheters to Remain in Great Demand through 2020

According to the report, the catheters to be sold in the global EP catheter ablation market by 2026-end will bring in over US$ 2.74 Bn in global revenues. Among these, the report has analyzed that sales of radiofrequency (RF) ablation catheters will be predominant. While the global market for EP catheter ablation will expand at a 7.9% CAGR during the forecast period, 2017-2026, the sales of RF ablation catheters are poised to register growth at 7% CAGR. Throughout the forecast period, over US$ 100 Mn worth of RF ablation catheters are poised to be sold annually across the globe.

Increasing Use of Ablation Catheters in Treatment of Atrial Fibrillation at Hospitals

Key insights developed in the study reveal that hospitals will be the largest end-user in the global market for EP catheter ablation. By 2026, nearly four-fifth of revenues being procured in the global EP catheter ablation market will be accounted by the end-use of these catheters in hospitals. Since the ablation and electrophysiology procedures require extended hospitalization, the demand for EP catheters and ablation catheters will be considerably high in the global market. In addition, the report also reveals that atrial fibrillation will be the key diseases indication that will propel the growth of the global EP catheter ablation market. While the use of ablation catheters in cardiac arrhythmia will be considerably high, atrial fibrillation will register high revenues, amassing more than US$ 1.5 Bn by 2026-end.

North America will emerge as the largest market for EP catheter ablation

Based on the regional forecast, the demand for ablation catheters and EP catheters is estimated to be the highest in the US and Canada, compared to other parts of the world. Prevalence of cardiovascular diseases and robust healthcare infrastructure will continue to support the growth of the EP catheter ablation market in the North America region. Over the forecast period, North America’s EP catheter ablation market will expand vigorously, registering a value CAGR of 6.7%. Europe will also be at the forefront of global EP catheter ablation market expansion as the second-most leading market. The EP catheter ablation market in the Asia-Pacific excluding Japan (APEJ) region, on the other hand, will register a steady growth on the account of growing geriatric population and manufacturing feasibilities.

Get Sample with Latest Research @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=36359

Leading Manufacturers of Ablation Catheters

The report has profiled leading manufacturers of ablation catheters to assess the competition landscape of the global EP catheter ablation market. Companies such as Medtronic Plc., Boston Scientific Corporation, Johnson & Johnson, BIOTRONIK SE & Co. KG, Abbott Laboratories Inc., Lepu Medical Tech Co. Ltd., MicroPort Scientific Corporation, CardioFocus Inc., and Hansen Medical, Inc. are expected to actively partake in the expansion of the global EP catheter ablation market through 2026. Several manufacturers of ablation catheters are likely to focus on product development that aids patient comfort during the ablation procedure and EP studies.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: www.transparencymarketresearch.com
Email: sales@transparencymarketresearch.com

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Catheter Ablation Market Projected to Reach US$ 2.74 Billion Globally, Registering a CAGR of 7.9% by 2026 | Medtronic Plc., Boston Scientific Corporation, Johnson & Johnson, BIOTRONIK SE & Co. KG here

News-ID: 1843241 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Ablation

03-12-2021 | Health & Medicine
Fact.MR
Atrial Fibrillation (AF) Ablation Market by Procedure (Catheter Ablation, Surgic …
Arterial fibrillation is a disease that creates irregular and rapid heart rate. Atrial fibrillation ablation is performed to treat the disease. The upper chambers of the heart beat irregularly and contract randomly at a very fast rate, out of coordination with the lower ventricles of the heart due to which the time decreases for the heart muscle relaxation. This increases the rate of heart failure and heart strokes and reduces
Radiofrequency Ablation Devices Market: Emerging Applications of Radiofrequency …
Radiofrequency ablation is a minimally invasive technique that uses heat and electrical energy to destroy cancer cells and other dysfunctional tissues. Recently, it has been used to treat a wide range of medical conditions. Although it is not a primary treatment of cancer, it is used to treat a spot of tumor causing pain and other medical indications. The technique is also used to treat patients suffering from adrenal gland,
Nerve Ablation Devices Market to Record an Exponential CAGR by 2028(Based on pro …
Nerves are the vital part of the body, responsible for carrying signals from different parts of the body to the brain. The nerves carry electrical signals that act on actions such as pain and other movements of the body. The nerve ablation devices are used to treat patient by minimally invasive procedures, where a microelectrode is inserted inside the patient to heat the nerve tissue. The nerve ablation devices help
Interventional Oncology Solutions Market Ablation Radiofrequency Ablation, Cryo …
Interventional oncology is a field of medical science, which includes treatment and diagnosis of cancer and other problems related to cancer using minimally invasive procedures. Interventional oncology uses various techniques such as Ultrasound, computed tomography, X-ray, and magnetic resonance imaging (MRI) to treat tumors located in various organs of the body. Interventional oncology procedures are usually used to treat metastatic or primary cancer. These procedures can be used to treat
Interventional Oncology Solutions Market Ablation Radiofrequency Ablation, Cryo …
Interventional oncology is a field of medical science, which includes treatment and diagnosis of cancer and other problems related to cancer using minimally invasive procedures. Interventional oncology uses various techniques such as Ultrasound, computed tomography, X-ray, and magnetic resonance imaging (MRI) to treat tumors located in various organs of the body. Interventional oncology procedures are usually used to treat metastatic or primary cancer. These procedures can be used to treat
Ablation Technologies Market by Types(Radiofrequency Ablation,Laser/Light Ablati …
Ablation Technologies is the treatment that destroys tumors or unwanted material without affecting other body tissues or organs. Because of poor health or reduced organ function, these techniques are widely used to treat cancer, cardiovascular and other chronic diseases. In the treatment of chronic diseases, medical ablation plays the prime role in the removal or complete destruction of abnormal tissue. Medical ablation can be done without surgery by insertion of