28.05.2019 Views

Electrophysiology (EP) Catheter Market Set to Record Rapid Growth at a CAGR of 12.5% by 2022

Global Electrophysiology (EP) Catheter Market is expected to grow at a significant CAGR of 12.5% in the upcoming period as the scope and its applications are rising enormously across the globe. Electrophysiology (EP) is a diagnostic test used to measure the electrical activity of the heart and diagnose abnormal heart rhythms or arrhythmia. The EP catheters have tiny sensors that measure how electrical signals move through the heart and allows correcting of abnormal electrical signals in the heart.

Global Electrophysiology (EP) Catheter Market is expected to grow at a significant CAGR of 12.5% in the upcoming period as the scope and its applications are rising enormously across the globe. Electrophysiology (EP) is a diagnostic test used to measure the electrical activity of the heart and diagnose abnormal heart rhythms or arrhythmia. The EP catheters have tiny sensors that measure how electrical signals move through the heart and allows correcting of abnormal electrical signals in the heart.

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<strong>Electrophysiology</strong> (<strong>EP</strong>) <strong>C<strong>at</strong>heter</strong> <strong>Market</strong><br />

<strong>Set</strong> <strong>to</strong> <strong>Record</strong> <strong>Rapid</strong> <strong>Growth</strong> <strong>at</strong> a <strong>CAGR</strong><br />

<strong>of</strong> <strong>12.5%</strong> <strong>by</strong> <strong>2022</strong><br />

“The fac<strong>to</strong>rs th<strong>at</strong> are playing a major role in the growth <strong>of</strong><br />

<strong>Electrophysiology</strong> <strong>C<strong>at</strong>heter</strong> <strong>Market</strong> are cost-efficient abl<strong>at</strong>ion<br />

procedures, rising use <strong>of</strong> enhanced technology like remote<br />

c<strong>at</strong>heter moni<strong>to</strong>ring & 3D electro-ana<strong>to</strong>mical mapping, and<br />

presence <strong>of</strong> developed R&D centers.”<br />

Global <strong>Electrophysiology</strong> (<strong>EP</strong>) <strong>C<strong>at</strong>heter</strong> <strong>Market</strong> is expected <strong>to</strong> grow <strong>at</strong> a significant <strong>CAGR</strong> <strong>of</strong> <strong>12.5%</strong> in the upcoming<br />

period as the scope and its applic<strong>at</strong>ions are rising enormously across the globe. <strong>Electrophysiology</strong> (<strong>EP</strong>) is a diagnostic<br />

test used <strong>to</strong> measure the electrical activity <strong>of</strong> the heart and diagnose abnormal heart rhythms or arrhythmia. The <strong>EP</strong><br />

c<strong>at</strong>heters have tiny sensors th<strong>at</strong> measure how electrical signals move through the heart and allows correcting <strong>of</strong> abnormal<br />

electrical signals in the heart.<br />

The fac<strong>to</strong>rs th<strong>at</strong> are playing a major role in the growth <strong>of</strong> <strong>Electrophysiology</strong> <strong>C<strong>at</strong>heter</strong> <strong>Market</strong> are cost-efficient abl<strong>at</strong>ion<br />

procedures, rising use <strong>of</strong> enhanced technology like remote c<strong>at</strong>heter moni<strong>to</strong>ring & 3D electro-ana<strong>to</strong>mical mapping, and<br />

presence <strong>of</strong> developed R&D centers. However, market is segmented based on product type, end-user, and region.<br />

Browse Full Research Report @<br />

https://www.millioninsights.com/industry-reports/electrophysiology-ep-c<strong>at</strong>heter-market<br />

Abl<strong>at</strong>ion <strong>EP</strong> c<strong>at</strong>heters, Diagnostic <strong>EP</strong> c<strong>at</strong>heters, and others could be explored in <strong>Electrophysiology</strong> (<strong>EP</strong>) <strong>C<strong>at</strong>heter</strong> in the<br />

forecast period. Diagnostic <strong>EP</strong> c<strong>at</strong>heters sec<strong>to</strong>r accounted for the substantial market share and is estim<strong>at</strong>ed <strong>to</strong> continue<br />

its dominance in the years <strong>to</strong> come. This may be because <strong>of</strong> the growing number <strong>of</strong> interventional cardiac procedures,<br />

increasing occurrence <strong>of</strong> cardiovascular diseases (CVD), and change in reimbursement policies. In addition, the sec<strong>to</strong>r<br />

is estim<strong>at</strong>ed <strong>to</strong> grow <strong>at</strong> the highest <strong>CAGR</strong> in the years <strong>to</strong> come.


The market may be c<strong>at</strong>egorized based on end-users like ambula<strong>to</strong>ry surgical centers, hospitals, clinics, cardiac<br />

c<strong>at</strong>heteriz<strong>at</strong>ion labs, and others could be explored in the forecast period. The ambula<strong>to</strong>ry surgical centers (ASCs) sec<strong>to</strong>r<br />

accounted for the significant market share <strong>of</strong> <strong>Electrophysiology</strong> (<strong>EP</strong>) <strong>C<strong>at</strong>heter</strong> and is estim<strong>at</strong>ed <strong>to</strong> lead the overall market<br />

in the years <strong>to</strong> come. The reason behind the overall market growth could be a growing number <strong>of</strong> p<strong>at</strong>ients those prefer<br />

ASCs as it allows people <strong>to</strong> save time and reduce medical expenses.<br />

Globally, North America accounted for the significant market share <strong>of</strong> <strong>Electrophysiology</strong> (<strong>EP</strong>) <strong>C<strong>at</strong>heter</strong> and is estim<strong>at</strong>ed<br />

<strong>to</strong> lead the overall market in the years <strong>to</strong> come. The reason behind the overall market growth could be growing geri<strong>at</strong>ric<br />

popul<strong>at</strong>ion, developed healthcare infrastructure, high awareness regarding <strong>Electrophysiology</strong> (<strong>EP</strong>) <strong>C<strong>at</strong>heter</strong>, and<br />

growing occurrence <strong>of</strong> <strong>at</strong>rial fibrill<strong>at</strong>ion. The United St<strong>at</strong>es is a major consumer <strong>of</strong> <strong>Electrophysiology</strong> (<strong>EP</strong>) <strong>C<strong>at</strong>heter</strong> in<br />

this region.<br />

Instead, Europe and the Asia Pacific are also estim<strong>at</strong>ed <strong>to</strong> have a positive influence on the future growth. Europe is the<br />

second largest region with significant market share. However, Asia Pacific is estim<strong>at</strong>ed <strong>to</strong> grow <strong>at</strong> the highest <strong>CAGR</strong> in<br />

the foremost period. The aspects th<strong>at</strong> may be ascribed <strong>to</strong> the growth comprise developing healthcare infrastructure. The<br />

developing countries like India and China are the major consumers <strong>of</strong> <strong>Electrophysiology</strong> (<strong>EP</strong>) <strong>C<strong>at</strong>heter</strong> in this region.<br />

The key players <strong>of</strong> <strong>Electrophysiology</strong> (<strong>EP</strong>) <strong>C<strong>at</strong>heter</strong> <strong>Market</strong> are St. Jude Medical, Bos<strong>to</strong>n Scientific, Medtronic, Beijing<br />

Demax Medical Technology, Vimecon, Biosense Webster, Tyche MedTech, BIOTRONIK, SterilMed, Maquet Getinge<br />

Group, Millar, Cook Medical, and MicroPort Scientific. These players are concentr<strong>at</strong>ing on inorganic growth <strong>to</strong> sustain<br />

themselves amidst fierce competition.<br />

Get a Sample Copy <strong>of</strong> This Report @<br />

https://www.millioninsights.com/industry-reports/electrophysiology-ep-c<strong>at</strong>heter-market/request-sample<br />

<strong>Market</strong> Segment:<br />

Key Product Types<br />

• <strong>Electrophysiology</strong> Abl<strong>at</strong>ion <strong>C<strong>at</strong>heter</strong>s<br />

• <strong>Electrophysiology</strong> Diagnostic <strong>C<strong>at</strong>heter</strong>s<br />

Key Regions<br />

• North America<br />

• Europe<br />

• Asia Pacific<br />

• Middle East and Africa<br />

• South America


Key Vendors<br />

• APT Medical<br />

• Biosense Webster<br />

• Biotronik<br />

• Bos<strong>to</strong>n Scientific<br />

• C<strong>at</strong>hRx Ltd<br />

• Japan Lifeline<br />

• Lepu Medical<br />

• Medtronic<br />

• MicroPort Scientific Corpor<strong>at</strong>ion<br />

• Millar<br />

• St. Jude Medical/Abbott Labora<strong>to</strong>ries<br />

• Synaptic Medical<br />

• request free sample <strong>to</strong> get a complete list <strong>of</strong> companies<br />

Key Questions Answered in this Report<br />

• Wh<strong>at</strong> will the market size be in <strong>2022</strong>?<br />

• Wh<strong>at</strong> are the key fac<strong>to</strong>rs driving the global electrophysiology c<strong>at</strong>heter market?<br />

• Wh<strong>at</strong> are the challenges <strong>to</strong> market growth?<br />

• Who are the key players in the electrophysiology c<strong>at</strong>heter market?<br />

• Wh<strong>at</strong> are the market opportunities and thre<strong>at</strong>s faced <strong>by</strong> the key players?<br />

See More Reports <strong>of</strong> This C<strong>at</strong>egory <strong>by</strong> Million Insights @<br />

https://www.millioninsights.com/industry/medical-devices


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