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Electrophysiology Market at a Compound Annual Growth Rate (CAGR) of 10% to $3.92 billion by 2019
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The global electrophysiology (EP) market, is set to experience rapid growth in value over the coming years, climbing from approximately $1.6 billion in 2014 to $3.92 billion by 2019, at a Compound Annual Growth Rate (CAGR) of 10%.
The global electrophysiology (EP) market, consisting of ablation catheters, diagnostic catheters and lab systems.
The growth of the global Electrophysiology market is driven by several factors, the most important of which is the technological innovations. Technological innovations and advancements have led to the introduction of new products . The other factors promoting the growth of the market are increasing incidences of chronic diseases, , ease of use and interpretation of medical devices. Factors constraining the growth of the market include reimbursement issues, high cost of the medical devices .Emerging economies, Public awareness for cardiac disease are the major opportunities in the market.
The report segments the market by types( Electrophysiology monitoring devices, Treatment devices) and based on geography( North America, Europe, Asia-Pacific and Row). Asia-Pacific shows very potential market due to increasing technological innovations, and increasing per capita income and growing economy.
Major companies discussed in this report with their profile and relevant information from market perspective are Abbott Laboratories, Biotronik SE & Co. KG, Boston Scientific, GE Healthcare, Johnson & Johnson, Medtronic Inc., Microport
What makes our report unique??
1) An extensive research study on the Electrophysiology market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the wearable electronics.
2) We provide the longest segmentation of the market based on products, technology, components, form factor, products application, industry verticals, and geography.
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3) This global report gives a birds eye-view of the market competitive landscape which includes mergers & acquisitions, collaborations., new product launches and key players in the market.
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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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