Electrophysiology Devices Market Demand High in 2016 Due to Abnormal Electrical Properties of Biological Cells and Tissues- TMR Research

Transparency Market Research (TMR) has recently published a new market study on the global electrophysiology devices market. According to it, this market stood at US$2.5 bn in 2012. Analysts at TMR expect it to rise at a CAGR of CAGR of 12.10% during the period from 2013 to 2019 and reach a value of US$5.5 bn by the end of the forecast period. It further states that the increased incidence of cardiac arrhythmia, stimulated by the rapid rise in the geriatric population across the world, has boosted the demand for electrophysiology devices in the global arena.

The electrophysiology monitoring devices segment has been classified into electrocardiograph (ECG), electrocorticograph (ECoG), electroencephalograph (EEG), electromyograph (EMG), electrooculograph (EOG), electroretinograph (ERG), imaging and 3D mapping systems, x-ray systems, holter monitoring devices, and diagnostic clectrophysiology catheters.

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The report segments the global electrophysiology devices market according to three criteria: electrophysiology monitoring devices, electrophysiology treatment devices, and key regional markets. The segment of electrophysiology monitoring devices is further categorized into electrocorticograph (ECoG), electrocardiograph (ECG), electroencephalograph (EEG), electrooculograph (EOG), imaging and 3D mapping systems, electroretinograph (ERG), holter monitoring devices, X-ray systems, diagnostic electrophysiology catheters, and electromyograph (EMG).The segment of electrophysiology treatment devices is further divided into implantable cardioverter defibrillators (ICD’s), cardiac resynchronization therapy devices (CRT), catheters, and pacemakers.

The electrophysiology treatment devices segment has been categorized into pacemakers, implantable cardioverter defibrillators (ICDs), cardiac resynchronization therapy devices (CRT), and catheters.

Further, the research report states that the increasing prevalence of cardiovascular disorders such as ventricular tachycardia and atrial fibrillation is the key factor fueling the electrophysiology monitoring devices market substantially.

Regionally, the market study divides the worldwide electrophysiology devices market into North America, Asia Pacific, Europe, and the Rest of the World. Among these, North America emerged as the market leader and Europe acquired the second position in this market in 2012. The rising base of the geriatric population, together with the increasing prevalence of rhythmic cardiac disorders, has augmented the demand for electrophysiology devices in these regions, says the research study.

On the other hand, analysts project the economic growth in Asia Pacific to lead the demand for electrophysiology devices in this region during the forecast period. Ample presence of untapped opportunities in the Asia Pacific medical and healthcare sector, coupled with an increasing patient pool suffering from arrhythmias, retinal disorders, and epilepsy, is also expected to fuel the Asia Pacific electrophysiology devices market in the coming years, states the market study.

Abbott Laboratories, Boston Scientific, Biotronik SE & Co. KG, GE Healthcare, Medtronic Inc., Johnson & Johnson, Microport, Philips Healthcare, Nihon Kohden Corp., St. Jude Medical Inc., and Siemens Healthcare are some of the key manufacturers of electrophysiology devices mentioned in this research report.

Browse Full Report@ http://www.transparencymarketresearch.com/electrophysiology-ep-devices-market.html

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This release was published on openPR.