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Electrophysiology Devices Market is Estimated to Grow at a CAGR of 12.9% within the forecast period of 2023-2030: Cognitive Market Research
Electrophysiology Devices Market is Estimated to Grow at a CAGR of 12.9% within the forecast period of 2023-2030: Cognitive Market
- Electrophysiology is defined as the tests, which support physicians to know the nature of abnormal heart rhythm. Arrhythmia or irregular heartbeats are diagnosed using this method, which examines electrical cardiac activity. Electrophysiology devices are majorly used in the diagnosis and treatment of conditions that affect the heart, including tachycardia, atrial and ventricular fibrillation, and others. A catheter is inserted, followed by a wire electrode to measure the electrical activity in the blood arteries that enter the heart.
Summary:
• Global Electrophysiology Devices market is estimated to be valued at USD 7,801.5 in 2023 and is expected to exhibit a CAGR of 12.9% during the forecast period.
• North America dominated the Global market and accounted for the maximum revenue share.
• By product type, electrophysiology monitoring devices are expected to drive the demand for the target market.
To know more The Electrophysiology Devices Market statistics click here: https://www.cognitivemarketresearch.com/electrophysiology-devices-market-report
Global Electrophysiology Devices Market Dynamics:
- Increasing use of Electrophysiology (EP) tests in the treatment and diagnosis of heart diseases, such as atrial fibrillation anticipated to grow the demand for the Global market. In addition, the growing prevalence of the geriatric population, who are more prone to cardiac arrhythmia diseases drives the demand for the Global market. Furthermore, developments in technology to manufacture electrophysiology devices in the pharmaceutical industry will provide the opportunity for the growth of the target market. However, the high cost of the devices is expected to restrict the electrophysiology (EP) market growth.
Global Electrophysiology Devices Market Scope:
- Product Type:
• Electrophysiology Monitoring Device
• Electrophysiology Treatment Device
By product type, electrophysiology monitoring devices is expected to drive the demand for the target market due to increasing product launch by major market players.
- Indication:
• Atrial Fibrillation
• Atrioventricular Nodal Re-entry Tachycardia
• Supraventricular Tachycardia
• Bradycardia
• Others (Wolff-Parkinson-White Syndrome, etc.)
The atrial fibrillation segment dominates the market, due to it being the most common type of arrhythmia associated with a high risk of stroke and blood clotting. Furthermore, the supraventricular tachycardia (SVT) segment is anticipated to register significant growth during the forecast period, due to increasing research to develop the treatment for SVT.
- Application:
• Hospitals
• Diagnostic Centers
• Clinics
• Others (Ambulatory Surgical Centers, etc.)
The hospital segment accounted for the highest share. This is attributed to the adoption of technologically innovative cardiac rhythm management and EP systems by cardiologists.
- Competitive Analysis for Electrophysiology Devices Market:
Siemens Healthcare, Boston Scientific, Abbott Laboratories, GE Healthcare, Johnson & Johnson Company, St.Jude Medical Inc., Biotronik SE & Co. KG, Topera Inc, Microport Scientific Corporation, Molecular Devices
Get free sample pages of latest published Electrophysiology Devices Market Report: https://www.cognitivemarketresearch.com/electrophysiology-devices-market-report
Regional Analysis:
- North America dominated the Global market and accounted for the maximum revenue share. This is attributed to the presence of advanced healthcare infrastructure in the country in the region. Furthermore, Asia Pacific is anticipated to drive the target market with the highest growth rate during the forecast period. Increasing geriatric population, and the growing risk of heart disease
News:
- Biosense Webster Inc. launched the HELIOSTAR balloon ablation catheter in Europe.
October 2022,
Biosense Webster Inc., a subsidiary of Johnson & Johnson Services, Inc., announced that they had launched a HELIOSTAR balloon ablation catheter in Europe, which is used for catheter-based cardiac electrophysiological mapping of the atria used with a compatible multi-channel radio frequency generator, for cardiac ablation.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Electrophysiology Devices Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Electrophysiology Devices Market Segmentation
1.5.1 Electrophysiology Devices Market Regional Fragmentation
1.5.1 Electrophysiology Devices Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Electrophysiology Devices Market
• 3.1 Global Electrophysiology Devices Market Size 2018 - 2030, (USD Million)
• 3.2 Global Electrophysiology Devices Market Statistics 2022: Snapshot
Chapter 4 Global Electrophysiology Devices Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Electrophysiology Devices Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Electrophysiology Devices Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Electrophysiology Devices Market by Indication Segmentation Analysis (2018-2030)
Chapter 11 Global Electrophysiology Devices Market Regional Analysis
Chapter 12 North America Electrophysiology Devices Market Outlook (2018 - 2030)
Chapter 13 Europe Electrophysiology Devices Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Electrophysiology Devices Market Outlook (2018 - 2030)
Chapter 15 Latin America Electrophysiology Devices Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Electrophysiology Devices Market Outlook (2018 - 2030)
Chapter 17 Research Findings
To know more Electrophysiology Devices Market TOC click here: https://www.cognitivemarketresearch.com/electrophysiology-devices-market-report#table_of_contents
Related Reports:
• Electrocardiogram Ecg Devices Market- https://www.cognitivemarketresearch.com/electrocardiogram-devices-market-report
• Cardiac Monitoring Devices Market- https://www.cognitivemarketresearch.com/cardiac-monitoring-devices-market-report
• Electrophysiology And Cardiac Ablation Device Market- https://www.cognitivemarketresearch.com/electrophysiology-and-cardiac-ablation-device-market-report
• Electrophysiology Recording Systems Market- https://www.cognitivemarketresearch.com/electrophysiology-recording-systems-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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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.
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