Global Electrophysiology (EP) Market to Skyrocket, Projected to Reach $22.7 Billion by 2030 CAGR of 14.4%

Allied Market Research, a leading market research firm, has released a comprehensive report titled "Electrophysiology Market by Product, Indication, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030." The report reveals that the global EP market, valued at $6.499 billion in 2020, is estimated to reach $22.651 billion by 2030, exhibiting a robust Compound Annual Growth Rate (CAGR) of 14.4% from 2021 to 2030.


Furthermore, market players are focused on manufacturing of different electrophysiology devices such as ablation catheter, diagnostic catheter, and 3D mapping system. For instance, in January 2022, Abbott laboratory, a pharmaceutical company, announced clearance from the Food and Drug Administrative (FDA) for its EnSite X EP system with EnSite omnipolar technology (OT), in the U.S. and Europe. It is a cardiac mapping platform, designed to help doctors for treatment of cardiac arrhythmia. Moreover, increase in number of geriatric populations and rise in prevalence of chronic conditions such as diabetics and hypertension, who are more prone to atrial fibrillation escalate the electrophysiology (EP) market growth. According to the Journal of J Arrhythm, in August 2021, it was reported that around 70% of population between the ages of 65 and 85 years were diagnosed with atrial fibrillation.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/452

𝐊𝐞𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐢𝐨𝐧: The global Electrophysiology market is expected to reach $22.7 billion by 2030.

𝐂𝐀𝐆𝐑: The market is forecasted to grow at a remarkable CAGR of 14.4% from 2021 to 2030.

𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐅𝐨𝐫𝐜𝐞𝐬: The surge in demand for catheter ablation procedures, technological advancements in the medical device sector, and an increased need for early diagnosis are primary factors driving market growth.

𝐂𝐚𝐫𝐝𝐢𝐚𝐜 𝐀𝐫𝐫𝐡𝐲𝐭𝐡𝐦𝐢𝐚 𝐏𝐫𝐞𝐯𝐚𝐥𝐞𝐧𝐜𝐞: The rise in prevalence of cardiac arrhythmias such as atrial fibrillation, atrial flutter, and ventricular arrhythmia contributes significantly to market expansion.

𝐀𝐭𝐫𝐢𝐚𝐥 𝐅𝐢𝐛𝐫𝐢𝐥𝐥𝐚𝐭𝐢𝐨𝐧 𝐃𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞: According to the International Journal of Stroke, atrial fibrillation is the most frequent cardiac arrhythmia, with ablation being the most common procedure for its treatment, leading to an increased demand for electrophysiology devices.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬:

◉ In-Depth Analysis: The report provides an in-depth analysis of the EP industry, current trends, and future estimations to highlight imminent investment opportunities.

◉ Quantitative Insight: Stakeholders gain a quantitative analysis of market trends from 2021 to 2030, enabling capitalization on opportunities.

◉ Competitive Outlook: Thorough analysis of key players and their strategies offers insights into the competitive landscape of the EP market.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/452

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐂𝐚𝐭𝐞𝐠𝐨𝐫𝐢𝐞𝐬:

● EP Ablation Catheters

● Navigational Advanced Mapping Accessories

● EP Laboratory Devices

● EP Diagnostic Catheters

● Access Devices

● Others

𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬:

● Atrial Fibrillation (AF)

● Atrial Flutter

● Wolff-Parkinson-White Syndrome (WPW)

● Atrioventricular Nodal Reentry Tachycardia (AVNRT)

● Others

𝐄𝐧𝐝 𝐔𝐬𝐞𝐫𝐬:

● Hospitals & Cardiac Centers

● Ambulatory Surgery Centers

● Others

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐏𝐫𝐞𝐬𝐞𝐧𝐜𝐞:

Key regions include North America, Europe, Asia-Pacific, and LAMEA.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

◾ Medtronic plc. (Zephyr Technology Corporation)

◾ MICROPORT SCIENTIFIC CORPORATION

◾ Biotronik SE & Co. KG

◾ Koninklijke Philips N.V.

◾ Siemens Healthineers AG

◾ ABBOTT LABORATORIES

◾ CardioFocus, Inc.

◾ Johnson & Johnson Services, Inc.

◾ BOSTON SCIENTIFIC CORPORATION

◾ GE Healthcare


The projected trajectory of the Electrophysiology (EP) Market underscores its critical role in modern healthcare, offering advanced solutions for cardiac diagnostics and treatment.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: https://www.alliedmarketresearch.com/request-for-customization/452

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

David Correa

Wilmington, Delaware, United States

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𝐀𝐛𝐨𝐮𝐭 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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