Global Electrophysiology Market 2024-2028
The electrophysiology market is forecasted to grow by USD 6.09 bn during 2023-2028, accelerating at a CAGR of 10.71% during the forecast period. The report on the electrophysiology market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing incidence of target diseases and electrophysiology procedures, increasing uptake of mobile cardiac telemetry, and reforming healthcare systems in emerging countries.
Technavio's electrophysiology market is segmented as below:
By Product
- Lab devices
- Ablation catheters
- Diagnostic catheters
- Access devices
By End-user
- Hospitals and cardiac centers
- ASCs
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the technological advancements in electrophysiology as one of the prime reasons driving the electrophysiology market growth during the next few years. Also, high scope for telemedicine and digital health in the electrophysiology segment and integration of electroanatomic mapping (EAM) systems in real-time MRI will lead to sizable demand in the market.
The report on the electrophysiology market covers the following areas:
- Electrophysiology market sizing
- Electrophysiology market forecast
- Electrophysiology market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electrophysiology market vendors that include Abbott Laboratories, Acutus Medical Inc., APN Health LLC, Asahi Kasei Corp., BIOTRONIK SE and Co. KG, Boston Scientific Corp., CathRx Pty Ltd., EP Solutions SA, EPMap System GmbH, GE Healthcare Technologies Inc., Imricor Medical Systems Inc., Japan Lifeline Co. Ltd., Johnson and Johnson, Koninklijke Philips N.V., Medtronic Plc, Merit Medical Systems Inc., MicroPort Scientific Corp., OSYPKA AG, Siemens AG, and Stereotaxis Inc.. Also, the electrophysiology market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.