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Global Electrophysiology Devices Market to grow at a CAGR of 9.73% by 2030, Evaluates DelveInsight
DelveInsight's "Electrophysiology Devices Market Insights, Competitive Landscape and Market Forecast-2030" report provides the current and forecast market outlook, forthcoming device innovation, challenges, market drivers and barriers. The report also covers the major emerging products and key Electrophysiology Devices companies actively working in the market.
To know more about why North America is leading the market growth in the Electrophysiology Devices market, get a snapshot of the report Electrophysiology Devices Market Trends
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Electrophysiology Devices Overview
Electrophysiology devices are specialized medical instruments used to diagnose and treat heart rhythm disorders (arrhythmias). They help map the electrical activity of the heart, identify abnormal conduction pathways, and deliver targeted treatments such as ablation. These devices include electrophysiology catheters, mapping systems, ablation systems, and related accessories, and are commonly used in procedures performed in cardiac electrophysiology labs to restore normal heart rhythm and improve patient outcomes.
DelveInsight Analysis: The Electrophysiology Devices Market, valued at USD 6.31 billion in 2023, is projected to grow at a CAGR of 9.73% from 2024 to 2030, reaching approximately USD 9.22 billion by 2030.
Electrophysiology Devices Market Insights
Geographically, North America is projected to capture a substantial share of the electrophysiology devices market, driven by the high prevalence of coronary artery disease, myocardial infarctions, and other cardiac conditions, along with related cardiovascular risk factors. Additionally, significant advancements in product innovation and increased regulatory approvals are key contributors to market growth in the region from 2024 to 2030.
To read more about the latest highlights related to Electrophysiology Devices, get a snapshot of the key highlights entailed in the Electrophysiology Devices
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Recent Developments in the Electrophysiology Devices Market Report
• In April 2025, LUMA Vision Ltd. announced FDA clearance for its VERAFEYETM Visualization Platform. This catheter-based imaging system offers real-time, 360-degree visualization in two and four dimensions, enhancing precision during electrophysiology and structural heart procedures. It is also prepared for magnetic tracking and navigation of third-party catheters.
• In May 2024, Implicity, a leader in remote patient monitoring and cardiac data management, received FDA 510(k) clearance for SignalHF1, an innovative new algorithm within their remote monitoring solution.
• In July 2023, Biosense Webster, Inc., announced the U.S. launch of the OPTRELLTM Mapping Catheter with TRUErefTM Technology, powered by the CARTO® 3 System. The OPTRELLTM Mapping Catheter was introduced as a high-density diagnostic tool, featuring a fixed array of small electrodes that delivered high-definition electrophysiological mapping for complex cardiac arrhythmia cases, including persistent atrial fibrillation (AFib), redo AFib ablation, atrial tachycardia, and ventricular tachycardia.
• In February 2023, Abbott secured approvals for two new electrophysiology products. It obtained the CE mark for the TactiFlex Ablation Catheter, SE, and received FDA approval for the Flexibility Ablation Catheter, SE.
• Thus, owing to such developments in the market, rapid growth will be observed in the Electrophysiology Devices market during the forecast period
Key Players in the Electrophysiology Devices Market
Some of the key market players operating in the Electrophysiology Devices market include- Boston Scientific Corporation, Lepu Medical Technology Co. Ltd., GENERAL ELECTRIC COMPANY, Medtronic, Abbott, BIOTRONIK, Microport Scientific Corporation, Acutus Medical Inc., Imricor, Johnson & Johnson Services, Inc., Baylis Medical Company Inc., Schwarzer Cardiotek GmbH, ATRICURE, INC., CardioFocus, Osypka AG, and others.
Which MedTech key players in the Electrophysiology Devices market are set to emerge as the trendsetter explore @ Key Electrophysiology Devices Companies
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Analysis on the Electrophysiology Devices Market Landscape
Within the diagnostic devices segment, ECG monitors remain the most widely used tools for cardiac monitoring. Commonly found in hospital settings, they have long been the conventional and preferred method for assessing patients' heart health. As one of the oldest available technologies, ECG monitors are cost-effective for healthcare providers, making the procedure affordable for patients as well. Moreover, ECG tests serve as an essential first step when cardiac issues are suspected, providing critical results that guide further advanced testing or inform treatment decisions.
The broad applications and benefits of such diagnostic devices improve performance and usability, significantly contributing to the overall market expansion during the forecast period from 2024 to 2030.
Scope of the Electrophysiology Devices Market Report
• Coverage: Global
• Study Period: 2021-2030
• Electrophysiology Devices Market Segmentation By Treatment Devices Type: Defibrillators, Pacemakers, Cardiac Resynchronization Therapy Devices, Ablation Systems [Radiofrequency, Cryoablation, and Others], and Others
• Electrophysiology Devices Market Segmentation By Diagnostic Devices: ECG Monitors [Stress, Rest, and Holter Monitors], EP X-Ray Systems, EP Recording Systems, EP Imaging & Mapping Systems, Implantable Cardiac Monitors, and others
• Electrophysiology Devices Market Segmentation By Application: Electrophysiology Devices Market Segmentation By End User: Hospital & Retail Pharmacy, E-Commerce, and others
• Electrophysiology Devices Market Segmentation By End User: Hospitals, Ambulatory Surgical Centers, and others
• Electrophysiology Devices Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of the World
• Key Electrophysiology Devices Companies: Boston Scientific Corporation, Lepu Medical Technology Co. Ltd., GENERAL ELECTRIC COMPANY, Medtronic, Abbott, BIOTRONIK, Microport Scientific Corporation, Acutus Medical Inc., Imricor, Johnson & Johnson Services, Inc., Baylis Medical Company Inc., Schwarzer Cardiotek GmbH, ATRICURE, INC., CardioFocus, Osypka AG, and others
• Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View
Interested in knowing how the Electrophysiology Devices market will grow by 2030? Click to get a snapshot of the Electrophysiology Devices Market Analysis
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Contact Us
Gaurav Bora
info@delveinsight.com
+14699457679
www.delveinsight.com
About DelveInsight
DelveInsight is a leading Business Consultant and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing end-to-end comprehensive solutions to improve their performance.
Get hassle-free access to all the healthcare and pharma market research reports through our subscription-based platform PharmDelve.
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