Press release
Global Electrophysiology Therapeutic Devices Market Size and Forecast to Grow at a CAGR of 9.38% By 2021
The EP therapeutic devices constitute nearly half of the global EP devices market. These devices are used for corrective procedures for the abnormal functioning of the heart. EP therapeutic devices such as pacemakers and ablation catheters are used in most diagnosis cases for cardiovascular diseases (CVDs). The ablation catheter is one of the most common EP devices used for cardiac arrhythmia. Based on the product, the market is segmented into ICDs, cardiac pacemakers, cardiac resynchronization therapy (CRT) devices, and ablation catheters.
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Technavios analysts forecast the global electrophysiology therapeutic devices market to grow at a CAGR of 9.38% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global electrophysiology therapeutic devices market for 2017-2021. To calculate the market size, the report considers volume and value of the global EP therapeutic devices market.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Electrophysiology Therapeutic Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Boston Scientific
Medtronic
St. Jude Medical
Other prominent vendors
AngioDynamics
Biosense Webster
BIOTRONIK
Cardiac Science
Cook Medical
GE Healthcare
Imricor
LivaNova
Maquet Getinge Group (Atrium Medical)
MicroPortScientific
Vimecon
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Market driver
Increasing incidence of cardiac arrhythmia cases
For a full, detailed list, view our report
Market challenge
High cost of ablation procedures
For a full, detailed list, view our report
Market trend
Development of leadless pacemaker
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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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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