According to Markntel Advisors Report, Electrophysiology (EP) Devices Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Global Electrophysiology (EP) Devices Market Research Report & Summary:
The Global Electrophysiology (EP) Devices Market size was valued at around USD 12 Billion in 2024 and is projected to reach USD 24 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period, i.e. 2025-30
Time Period Captured in the Report:
· Historical Years: 2020-2023
· Base Years: 2024
· Forecast Years: 2025-2030
Who are the Key Players Operating in the Electrophysiology (EP) Devices Market?
The top companies of the Electrophysiology (EP) Devices Market ruling the industry are:
Abbott Laboratories, Acutus Medical, Siemens, Nihon Kohden Corporation, Biosense Webster, Boston Scientific Corporation, GE Healthcare, Medtronic, Philips, Biotronik, Microport Scientific Corporation, AliveCor, Bittium Corporation, Stereotaxis, Japan Lifeline, and Others
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What is Included in Electrophysiology (EP) Devices Market Segmentation?
The Electrophysiology (EP) Devices Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
-By Device Type
-Electrophysiology Ablation Catheters
-Cryoablation Electrophysiology Catheters – Market Size & Forecast 2020-2030, USD Million
-Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million
-Irrigated-Tip Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million
-Conventional Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million
-Laser Ablation Systems – Market Size & Forecast 2020-2030, USD Million
-Microwave Ablation Systems – Market Size & Forecast 2020-2030, USD Million
-Navigational Advanced Mapping Accessories – Market Size & Forecast 2020-2030, USD Million
-Electrophysiology Diagnostic Catheters
-Conventional Electrophysiology Diagnostic Catheters
-Steerable Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
-Fixed Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
-Advanced Electrophysiology Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
-Ultrasound Electrophysiology Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
-Electrophysiology Laboratory Devices – Market Size & Forecast 2020-2030, USD Million
-Access Devices – Market Size & Forecast 2020-2030, USD Million
-Others – Market Size & Forecast 2020-2030, USD Million
-By Modality
-Implantable – Market Size & Forecast 2020-2030, USD Million
-External – Market Size & Forecast 2020-2030, USD Million
-By Indication
-Atrial Fibrillation (AF) – Market Size & Forecast 2020-2030, USD Million
-Atrial Flutter – Market Size & Forecast 2020-2030, USD Million
-Atrial Tachycardia – Market Size & Forecast 2020-2030, USD Million
-Wolff-Parkinson-White Syndrome (WPW) – Market Size & Forecast 2020-2030, USD Million
-Atrioventricular Nodal Reentry Tachycardia (AVNRT) – Market Size & Forecast 2020-2030, USD Million
-Others – Market Size & Forecast 2020-2030, USD Million
-By End User
-Hospitals – Market Size & Forecast 2020-2030, USD Million
-Diagnostic Centers – Market Size & Forecast 2020-2030, USD Million
-Clinics – Market Size & Forecast 2020-2030, USD Million
-Ambulatory Surgical Centers – Market Size & Forecast 2020-2030, USD Million
-Others – Market Size & Forecast 2020-2030, USD Million
-By Region
-North America
-South America
-Europe
-The Middle East and Africa
-Asia-Pacific
Explore the Complete Electrophysiology (EP) Devices Market Analysis Report – https://www.marknteladvisors.com/research-library/electrophysiology-devices-market.html
Global Electrophysiology (EP) Devices Market Driver:
Rising Cases of Cardiovascular Diseases (CVD) – Globally, the majority of deaths are caused by chronic diseases. CVD is at the top of them, as these collectively account for more than 30% of all deaths worldwide. The WHO has said that the deaths attributed to CVD have moved up from approximately 12.1 million in 1990 to around 70% and have reached 20.5 million in 2021, reveals the World Heart Foundation. This is primarily because the population is on the rise worldwide. The reduced birth rate around the world, which means a growing older population, will push the incidence of CVD up further.
The rising number of cases of CVD will propel the growth of medication and rehabilitation that comes along with it. However, optimal usage of drugs, timely check-ups, and monitoring for CVD are of utmost importance for its effective treatment. Thus this shall boost demand for electrophysiology devices in the market.
Global Electrophysiology (EP) Devices Market Opportunity:
Growing Cases of Arrhythmia – Arrhythmia refers to an abnormal heartbeat pattern resulting in either faster or slower than normal. Atrial Fibrillation (AF) commonly affects cases among all worldwide. The increase in awareness of AF and extensive tracking has resulted in an increase in the count of cases. As per a study conducted by the Global Burden of Disease Project conducted in 2016, the number of Atrial Fibrillation patients worldwide was around 46.3 million and is increasing steadily. Additionally, as per a study in American Heart Association Journals, AF cases in the U.S. are expected to reach 16 million by 2050 with 72 million in Asia for the same period. The reason attributed to the rise is the sedentary lifestyle resulting from unhealthy consumption coupled with the increasing elderly population. Thus cases of Arrhythmia are leading to the growth in the demand for electrophysiology devices worldwide.
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