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Electrophysiology Devices And Equipment Market Report 2020 (COVID-19 Impact Analysis) By Segmentations, Key Company Profiles and Forecast To 2030
The Business Research Company offers “Electrophysiology Devices And Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global electrophysiology devices and equipment market is expected to decline from $3.7 billion in 2019 to $3.2 billion in 2020 at a compound annual growth rate (CAGR) of -12.1%. The decline is mainly because of the lockdown measures due to the COVID-19 outbreak. The decrease in the demand for cardiovascular devices due to decreased number of cardiac surgeries for reasons such as re-scheduling of surgeries, cancellations and no-show by patients, coupled with the restrictions by government and health authorities to shutdown factories manufacturing these devices to contain the spread of virus and keep the staff safe, contribute to this decline. The market is then expected to recover and grow at a CAGR of 10.6% from 2021 and reach $5.7 billion in 2023.
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The electrophysiology devices and equipment market consists of sales of electrophysiology devices and equipment and related services. Electrophysiology devices and equipment are used in the diagnosis and treatment of heart rhythm disorders through electrical activity. The market is segmented by product type into electrophysiology ablation catheters, electrophysiology diagnostic catheters and electrophysiology lab systems.
In order to increase the profit margins and sales, the companies operating in the Electrophysiology (EP) devices and equipment industry are coming up with new technologies aimed towards improving EP mapping and localization technology. EP mapping is a procedure used to diagnose the origins of the abnormal heart rythms. This procedure uses an electrically sensitive catheter. With improved mapping technologies it becomes easy to detect and locate the abnormalities in heart.
Electrophysiology Devices Market Segmentation:
By Product Type:
1. Electrophysiology Ablation Catheters
2. Electrophysiology Diagnostic Catheters
3. Electrophysiology Lab Systems.
By Monitoring Device Type:
1.Electrocardiograph (ECG)
2.Electroencephalograph (EEG)
3.Electrocorticograph (ECoG)
4.Electromyograph (EMG)
5.Electroretinograph (ERG)
6.Electrooculograph (EOG)
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Few Points From Table Of Content
1. Executive Summary
2. Electrophysiology Devices And Equipment Market Characteristics
3. Electrophysiology Devices And Equipment Market Size And Growth
4. Electrophysiology Devices And Equipment Market Segmentation
5. Electrophysiology Devices And Equipment Market Regional And Country Analysis
……
26. Key Mergers And Acquisitions In The Electrophysiology Devices And Equipment Market
27. Electrophysiology Devices And Equipment Market Trends And Strategies
28. Electrophysiology Devices And Equipment Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Electrophysiology Devices Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Electrophysiology Devices Market are St. Jude Medical, Boston Scientific Corporation, Abbott Laboratories, GE Healthcare, Philips Healthcare.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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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…