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Global Cardiac mapping Market Size to reach USD 1.3 billion by 2026 | Koninklijke Philips N.V., Lepu Medical Technology (Beijing) Co. Ltd., Biotronik, Biosense Webster, Inc., Abbott Laboratories, Boston Scientific Corporation

04-16-2020 08:50 AM CET | Business, Economy, Finances, Banking & Insurance

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Cardiac mapping Market

Cardiac mapping Market

Market Study Report adds Global Cardiac mapping Market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.

Global Cardiac mapping Market is valued approximately at USD 1.3 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 8.7% over the forecast period 2019-2026. Cardiac mapping is one of the advanced process associated with the collection and display of the gathered data from an electrocardiogram.

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The regional analysis of global Cardiac mapping market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the higher prevalence rate of heart disorders, increase in approval rate of mapping systems and high incidence of CVDs are the key factors driving the North American market. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as higher patient pool for CVDs, increasing demand for advanced system and improving healthcare infrastructure would create lucrative growth prospects for the Cardiac mapping market across Asia-Pacific region.

The rising number of patients suffering from cardiac conditions such as coronary artery disease, hypertrophic cardiomyopathy, arrhythmia, myocardial infarction, and others is increasing the global market for cardiac mapping. Apart from this, technological advancements in cardiac mapping systems is expected to create significant growth opportunity in the market over the forecast period. However, lack of adequate infrastructure in emerging nations and high cost of cardiac mapping system impedes the growth of the market over the forecast period of 2019-2026.

The easy technique of the cardiac mapping allows physicians to precisely identify the location of heart chamber that are experiencing arrhythmia. The rise in aged population and their susceptibility towards various health concerns such as cardiac problems are leading the growth in the global cardiac mapping market.

The rising geriatric population is a key factor driving the demand for cardiac mapping. According to WHO report, annual number of CVD deaths in 2016 about 17.9 million people across the globe died of CVD that is expected to increase 24.2 million deaths by 2030. Similarly, as per our world in data organization, global burden of cardiovascular diseases increases from 302 million in 2001 to 365 million in 2017. Further, as per World Health Organization, global burden of CVD in estimated to increase from 10.4% in 2010 to 11.6% by 2030.

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Major market player included in this report are:
o Biosense Webster, Inc.
o Abbott Laboratories
o Medtronic Plc
o Boston Scientific Corporation
o Microport Scientific Corporation
o EP Solutions Sa
o Acutus Medical
o Koninklijke Philips N.V.
o Lepu Medical Technology (Beijing) Co., Ltd. Biotronik

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
o Contact Cardiac mapping systems
o Non-contact Cardiac mapping systems

By Indication:
o Atrial Fibrillation
o Atrial Flutter
o AVNRT
o Other Arrhythmias

By Region:
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o Asia Pacific
o China
o India
o Japan
o Latin America
o Brazil
o Mexico
o Rest of the World

Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2017
o Base year - 2018
o Forecast period - 2019 to 2026

Target Audience of the Global Cardiac mapping Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
o Investors

Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Cardiac mapping Market, by Region, 2017-2026 (USD Billion)
1.2.2. Cardiac mapping Market, by Product Type, 2017-2026 (USD Billion)
1.2.3. Cardiac mapping Market, by Indication, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Cardiac mapping Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Cardiac mapping Market Dynamics
3.1. Cardiac mapping Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

Related Report:
Global 3D Cardiac Mapping System Market Size, Status and Forecast 2019-2025

Cardiac mapping is a technique in which the information from cardiac electrograms is gathered and displayed. Cardiac mapping is used to diagnose the heart rhythms especially in case of arrhythmia. The cardiac mapping procedure is usually done by inserting catheter into the heart chamber percutaneously and recording the electrograms sequentially, this is done in order to correlate the electrograms with cardiac anatomy.

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