Electrophysiology Market worth CAGR of 9.0% | Major Companies Are Boston Scientific Corporation, Medtronic, Koninklijke Philips N.v., Siemens, Johnson & Johnson Services, Inc

Global Electrophysiology Market By Product (Electrophysiology Ablation Catheters, Electrophysiology Diagnostic Catheters, Electrophysiology Laboratory Devices, Access Devices), Indication (Atrial Fibrillation, Ventricular Tachycardia, Atrial Tachycardia, Atrial Flutter, WOLFF-Parkinson-White (WPW) Syndrome, Atrioventricular Nodal Reentry Tachycardia (AVNRT), Others), Geography (North America, South America, Europe, Asia-Pacific, South America and Middle East and Africa) - Industry Trends and Forecast to 2026

The Global Electrophysiology Market is set to witness a substantial CAGR of 9.0% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. The rise in the market can be attributed to advancement in technological development, growing geriatric population and growing cases of heart diseases.

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Market Drivers

Enhancement in healthcare infrastructure will boost the market growth
In developing nation there is a huge burden of target diseases such as arrhythmia and heart failure is fueling the growth of the market
 Increasing adoption of EP catheter ablation is also propelling the market growth
Advancements in technology in the field of electrophysiology will drive the market in the forecast period

Market Restraints

Dearth of awareness and skilled professionals will hamper the growth of the market
Unfavorability in the healthcare reforms is also restraining the market in the forecast period
Less initiative for preventive care and unmet medical needs at economical cost has restricted the market growth

Major Market Competitors

Some of the major players operating in global electrophysiology market are Abbott, Boston Scientific Corporation, Medtronic, Koninklijke Philips N.v., Siemens, Johnson & Johnson Services, Inc., Microport Scientific Corporation, Livanova Plc, Cardiofocus, BD, Mogul Enterprises, Inc., Baxter, B. Braun Melsungen Ag, Biotronik Se & Co.Kg, AtriCure, Inc., General Electric, Danaher, 3M, Advanced Cardiac Therapeutics, Inc., Japan Lifeline Co., Ltd., Argon Medical, Medline Industries, Inc., pioneermedicalsupplies. , Vascomed GmbH, Oscor Inc and  Neomed Management AS, among others.

Competitive Analysis: 

Global electrophysiology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electrophysiology for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: Global Electrophysiology Market

Electrophysiology is the biomedical sector dealing with the research of the body's electrical operation. Electrophysiology involves the research of electrical energy production and its impacts on the flesh. It estimates current on different scales from single ion channel proteins to entire organs of the body.

According to the European Cardiovascular Disease Statistics 2017, every year 3.9 million deaths are caused due to cardiovascular disease in Europe and over 1.8 million people died in the European Union (EU). The number of deaths due to ischaemic heart disease and stroke are greater in Central and Eastern Europe.

Segmentation: Global Electrophysiology Market 

By Product

Electrophysiology Ablation Catheters
Cryoablation EP Catheters
Radiofrequency Ablation Catheters
Microwave Ablation Systems
Laser Ablation Systems
Other Ablation Catheters
Electrophysiology Diagnostic Catheters
Conventional EP Diagnostic Catheters
Advanced EP Diagnostic Catheters
Ultrasound EP Diagnostic Catheters
Electrophysiology Laboratory Devices
EP X-Ray Systems
3D Mapping Systems
EP Recording Systems
EP Remote Steering Systems
Other Laboratory Devices
Access Devices

By Indication

Atrial Fibrillation
Ventricular Tachycardia
Atrial Tachycardia
Atrial Flutter
WOLFF-Parkinson-White (WPW) Syndrome
Atrioventricular Nodal Reentry Tachycardia (AVNRT)
Others

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TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 05: PIPELINE ANALYSIS

• Pipeline analysis

PART 06: MARKET SIZING

• Market definition
• Market sizing
• Market size and forecast 

PART 07: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 08: MARKET SEGMENTATION

• Segmentation 
• Comparison
• Market opportunity

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• North America
• South America
• Europe
• MEA 
• APAC
• Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 13: MARKET TRENDS

PART 14: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 15: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors

PART 16: APPENDIX

• List of abbreviations 

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