Electrophysiology Devices Market Size, Share, Growth Drivers, Analysis, and Report 2022-2027

According to the latest report by IMARC Group, titled "Electrophysiology Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global electrophysiology devices market size reached US$ 5.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2027, exhibiting a growth rate (CAGR) of 9.8% during 2022-2027.

Electrophysiology (EP) devices are various medical equipment used to diagnose and treat several cardiological ailments. These devices observe the electrical impulses of the heart and assess abnormal heartbeats. Some of the commonly available EP devices include pacemakers, radiofrequency ablation catheters, automated external defibrillators (AEDs), implantable cardioverter defibrillators (ICDs), microwave and laser ablation systems, etc. These medical devices send and receive electrical signals to and from the heart to normalize the heartbeat in case of an emergency. EP devices are minimally invasive and assist in removing dysfunctional heart tissues that may cause irregular heart rhythms.

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Market Trends:

The growing prevalence of arrhythmia and other cardiovascular diseases (CVDs), particularly among the geriatric population who are more susceptible to such ailments, is primarily propelling the market for EP devices. Furthermore, the rising awareness among the masses towards several benefits of EP devices, such as minimal risks and higher success rates than the traditionally used devices, is also augmenting the global market. Besides this, numerous technological advancements have led to the emergence of laser, cryo- and ultrasound ablation and advanced mapping systems, thereby bolstering the market growth. In the coming years, the introduction of compact and portable devices for residential settings will continue to drive the global market for EP devices.

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/electrophysiology-devices-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Biosense Webster Inc. (Johnson & Johnson)
• Biotronik SE & Co. KG
• Boston Scientific Corporation
• Cardiofocus Inc.
• Koninklijke Philips N.V.
• Medtronic Inc.
• MicroPort Scientific Corporation
• Molecular Devices LLC ( Danaher Corporation)
• Nihon Kohden Corporation
• Siemens Healthcare GmbH
• Stereotaxis Inc.

Key Market Segmentation:

Breakup by Product:

• Treatment Devices
o Implantable Cardioverter Defibrillators (ICDs)
o Automated External Defibrillators (AEDs)
o Pacemakers
o CRT-P
o CRT-D
o Catheters
o Others
• Diagnostic Devices
o Holter Monitoring Devices
o Diagnostic Electrophysiology Catheters
o Electrocardiograph (ECG)
o EP Mapping & Imaging Systems
o Insertable Cardiac Monitors (ICM)
o Others

Breakup by Indication:

• Atrial Fibrillation (AF)
• Supraventricular Tachycardia
• Atrioventricular Nodal Re-entry Tachycardia (AVNRT)
• Wolff-Parkinson-White Syndrome (WPW)
• Bradycardia
• Other

Breakup by End User:

• Hospitals
• Diagnostic Centers
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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