Global Intracardiac Echocardiography Market Size study, By Application (Electrophysiology, Left Atrial Appendage Closure, Transcatheter Aortic Valve Implantation, MitraClip Implantation and Mitral Valvuloplasty, Other Applications), By End-Users (Hospitals, Diagnostic Centers, Other End-Users), and Regional Forecasts 2022-2028
Global Intracardiac Echocardiography Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Intracardiac Echocardiography (ICE) is an imaging technique that is used to provide high-resolution and real-time visualization of cardiac structures by the usage of catheters. ICE collects images from inside the heart and capture image through an echo transducer. This method allows the early detection of procedural complications such as pericardial effusion or thrombus formation. The growing incidences of cardiac diseases, the rising geriatric population, coupled with the increasing technological advancements in interventional cardiology are the primary factors propelling the market growth across the globe. For instance, according to the World Health Organization report 2021, cardiovascular diseases (CVDs) are considered a leading cause of death with an estimated 17.9 million people fatalities from CVDs in 2019, which represents 32% of all global deaths. Thereby, the rising prevalence of cardiac diseases among the population is fueling the demand for Intracardiac Echocardiography, which, in turn, accelerates the global market growth. However, high costs and inadequate reimbursement, and lack of awareness in underdeveloped and developing countries impede the growth of the market over the forecast period of 2022-2028. Also, the rising inclination towards minimally invasive cardiac procedures and increasing healthcare expenditure are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Intracardiac Echocardiography Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising focus on patient care and need, along with presence of technologically advanced healthcare system. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the growing incidence of arrhythmia, as well as increased healthcare spending, would create lucrative growth prospects for the Intracardiac Echocardiography Market across the Asia-Pacific region.
Major market players included in this report are:
Abbott Laboratories
Boston Scientific Corporation
Conavi Medical
Infraredx Inc.
Koninklijke Philips NV
Siemens Healthcare GmbH
Shifamed LLC (NuVera Medical)
Canon Medical Systems Corporation
GE Healthcare
Stereotaxis Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Electrophysiology
Left Atrial Appendage Closure
Transcatheter Aortic Valve Implantation
MitraClip Implantation and Mitral Valvuloplasty
Other Applications
By End-Users:
Hospitals
Diagnostic Centers
Other End Users
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Intracardiac Echocardiography Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
]
Companies Mentioned
Abbott Laboratories
Boston Scientific Corporation
Conavi Medical
Infraredx Inc.
Koninklijke Philips NV
Siemens Healthcare GmbH
Shifamed LLC (NuVera Medical)
Canon Medical Systems Corporation
GE Healthcare
Stereotaxis Inc.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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