Cardiac Mapping Market Report: Trends, Forecast and Competitive Analysis to 2030
Cardiac Mapping Trends and Forecast
The future of the global cardiac mapping market looks promising with opportunities in the atrial fibrillation, atrial flutter, and AVNRT markets. The global cardiac mapping market is expected to reach an estimated $3.0 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are growing number of target illnesses, increase in the number of elderly people, along with the technology progress and an increase in investments, funds, and grants.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cardiac Mapping by Segment
The study includes a forecast for the global cardiac mapping by product, indication, and region.
Cardiac Mapping Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Contact Cardiac Mapping Systems
- Non-Contact Cardiac Mapping Systems
Cardiac Mapping Market by Indication [Shipment Analysis by Value from 2018 to 2030]:
- Atrial Fibrillation
- Atrial Flutter
- AVNRT
- Others
Cardiac Mapping Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Cardiac Mapping Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cardiac mapping companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cardiac mapping companies profiled in this report include-
- Biosense Webster
- Abbott
- Boston Scientific Corporation
- Medtronic
- MicroPort Scientific
- EP Solutions
- Acutus Medical
- Koninklijke Philips
- Lepu Medical
- AngioDynamics
Cardiac Mapping Market Insights
Lucintel forecasts that contact cardiac mapping system is expected to witness the higher growth over the forecast period because it provides mapping in the 3D environment and accurate ablation catheter site detection, as well as, growing rates of cardiovascular illnesses in children and newborns owing to sedentary lifestyles and an increase in obesity.
North America will remain the largest region over the forecast period due to rise in the region's clinical trial approval rate for cardiac mapping systems, approval rate of mapping systems, as well as, high frequency of government agencies providing funding for research.
Features of the Global Cardiac Mapping Market
Market Size Estimates: Cardiac mapping market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cardiac mapping market size by product, indication, and region in terms of value ($B).
Regional Analysis: Cardiac mapping market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, indication, and regions for the cardiac mapping market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cardiac mapping market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cardiac mapping market size?
Answer: The global cardiac mapping market is expected to reach an estimated $3.0 billion by 2030.
Q2. What is the growth forecast for cardiac mapping market?
Answer: The global cardiac mapping market is expected to grow with a CAGR of 8.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cardiac mapping market?
Answer: The major drivers for this market are growing number of target illnesses, increase in the number of elderly people, along with the technology progress and an increase in investments, funds, and grants.
Q4. What are the major segments for cardiac mapping market?
Answer: The future of the global cardiac mapping market looks promising with opportunities in the atrial fibrillation, atrial flutter, and AVNRT markets.
Q5. Who are the key cardiac mapping market companies?
Answer: Some of the key cardiac mapping companies are as follows:
- Biosense Webster
- Abbott
- Boston Scientific Corporation
- Medtronic
- MicroPort Scientific
- EP Solutions
- Acutus Medical
- Koninklijke Philips
- Lepu Medical
- AngioDynamics
Q6. Which cardiac mapping market segment will be the largest in future?
Answer: Lucintel forecasts that contact cardiac mapping system is expected to witness the higher growth over the forecast period because it provides mapping in the 3D environment and accurate ablation catheter site detection, as well as, growing rates of cardiovascular illnesses in children and newborns owing to sedentary lifestyles and an increase in obesity.
Q7. In cardiac mapping market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rise in the region's clinical trial approval rate for cardiac mapping systems, approval rate of mapping systems, as well as, high frequency of government agencies providing funding for research.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cardiac mapping market by product (contact cardiac mapping systems and non-contact cardiac mapping systems), indication (atrial fibrillation, atrial flutter, AVNRT, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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