Electrophysiology Catheters Market Overview

The report is titled as ‘Electrophysiology Catheters Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the electrophysiology catheters market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The electrophysiology catheters market is expected to grow at a significant rate in the near future.

The global electrophysiology catheters market in 2020 is estimated for more than US$ 6,628.5 Mn and expected to reach a value of US$ 13,412.0 Mn by 2028 with a significant CAGR of 9.2%.

Electrophysiology Catheters Market Definition

Electrophysiology catheters are used to record electrophysiological signals by applying to pace and recording protocols from inside the heart or through the esophagus. Electrophysiology catheters determine electrical properties of ventricles and atrium and used to diagnose different detrimental heart conditions such as cardiac arrhythmias, angina, etc.

Electrophysiology catheters are most commonly used to confirm the diagnosis of atrial fibrillation (AF) and determining the most correct treatment. According to the American Heart Association, atrial fibrillation is the most common cause of arrhythmia in the U.S. and AF affected over 5 million people in the U.S. in 2011. The need for accurate procedures to diagnose cardiovascular diseases especially arrhythmias is will begin to see growth in demand for electrophysiology catheters.

Electrophysiology catheters have application in both ablations as well as interventional cardiology procedures. Diagnostic electrophysiology catheters work by intra-cardiac sensing, recording, stimulating, and mapping the intra-cardiac electrophysiological potential.

Electrophysiology Catheters Market Dynamics

The increasing incidence of cardiac arrhythmia and the growing geriatric population across the globe are the primary factors driving the growth of the global electrophysiology catheters market over the forecast period. Technological advancements in the diagnosis of arrhythmias such as the introduction of wireless technology in diagnosis have proven to be a milestone in the global electrophysiology catheters market.

Electrophysiology catheters are always used with cardiac ablation procedures. The number of cardiac ablation procedures has sharply increased after the number of new FDA approvals in 2010. This increase in the number of cardiac ablation procedures would facilitate the growth of the global electrophysiology catheters market.

Electrophysiology Catheters Market Key Players

The global electrophysiology catheters market is mainly dominated by Abbott (St. Jude Medical), AD Instruments, Transonic Sciences, Stryker Corporation, and Boston Scientific Corporation among others. 

Electrophysiology Catheters Market Segmentation

The global electrophysiology catheters market is segmented on the basis of product type, end-user, and region

On the basis of devices, the global electrophysiology catheters market can be segmented into conventional electrophysiology catheters and advanced electrophysiology catheters. On the basis of end-users, the global electrophysiology catheters market can be segmented into hospitals, ambulatory surgical centers, cardiac catheterization labs, etc.

The global electrophysiology catheters market is expected to increase at a significant CAGR over the forecast period owing to a number of new FDA approval and growing penetration of cardiac ablation procedures in the U.S. and other matured markets.

Electrophysiology Catheters Market Regional Overview & Analysis

On the basis of region, the global electrophysiology catheters market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America electrophysiology catheters market is expected to be the most dominating market throughout the forecast period due to new product launches.

MMC Overview on Electrophysiology Catheters Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the Electrophysiology Catheters market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Electrophysiology Catheters

•    Advantage of Electrophysiology Catheters

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at the regional level and in major countries globally for providing regional insights into the product segment in the report. This helps our clients to make an informed decision.

A mix of the top-down and bottom-up approach is followed to arrive at and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.

1.    Global Electrophysiology Catheter Devices Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Electrophysiology Catheter Devices Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Electrophysiology Catheter Devices Snapshot

2.4.    Global Electrophysiology Catheter Devices Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Electrophysiology Catheter Devices Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Electrophysiology Catheter Devices, By Devices

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Devices

3.1.2.    BPS Analysis, By Devices

3.2.    Market Revenue (US$Mn) and Volume (Units) Forecast, By Devices

3.2.1.    Conventional Electrophysiology Catheters

3.2.2.    Advanced Electrophysiology Catheters

3.3.    Global Electrophysiology Catheter Devices Attractiveness Index, By Devices

4.    Global Electrophysiology Catheter Devices, By End User

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By End User

4.1.2.    BPS Analysis, By End User

4.2.    Market Revenue (US$Mn) and Volume (Units) Forecast, By End User

4.2.1.    Hospitals

4.2.2.    Ambulatory Surgical Centers

4.2.3.    Cardiac Catheterization Labs

4.3.    Global Electrophysiology Catheter Devices Attractiveness Index, By End User

5.    Global Electrophysiology Catheter Devices, By Region

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Region

5.1.2.    BPS Analysis, By Region

5.2.    Market Revenue (US$Mn) and Volume (Units) Forecast, By Region

5.2.1.    North America

5.2.2.    Latin America

5.2.3.    Europe

5.2.4.    Asia Pacific

5.2.5.    Middle East and Africa

5.3.    Global Electrophysiology Catheter Devices Attractiveness Index, By Region

6.    North America Electrophysiology Catheter Devices Analysis and Forecast, 2020–2028

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Country

6.1.2.    BPS Analysis, By Country

6.2.    Market Revenue (US$Mn) and Volume (Units) Forecast, By Country

6.2.1.    U.S. Electrophysiology Catheter Devices

6.2.2.    Canada Electrophysiology Catheter Devices

6.3.    North America Electrophysiology Catheter Devices, By Devices

6.3.1.    Conventional Electrophysiology Catheters

6.3.2.    Advanced Electrophysiology Catheters

6.4.    North America Electrophysiology Catheter Devices, By End User

6.4.1.    Hospitals

6.4.2.    Ambulatory Surgical Centers

6.4.3.    Cardiac Catheterization Labs

6.5.    North America Electrophysiology Catheter Devices Attractiveness Index

6.5.1.    By Country

6.5.2.    By Devices

6.5.3.    By End User

7.    Latin America Electrophysiology Catheter Devices Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

7.2.1.    Brazil Electrophysiology Catheter Devices

7.2.2.    Mexico Electrophysiology Catheter Devices

7.2.3.    Argentina Electrophysiology Catheter Devices

7.2.4.    Rest of Latin America Electrophysiology Catheter Devices

7.3.    Latin America Electrophysiology Catheter Devices, By Devices

7.3.1.    Conventional Electrophysiology Catheters

7.3.2.    Advanced Electrophysiology Catheters

7.4.    Latin America Electrophysiology Catheter Devices, By End User

7.4.1.    Hospitals

7.4.2.    Ambulatory Surgical Centers

7.4.3.    Cardiac Catheterization Labs

7.5.    Latin America Electrophysiology Catheter Devices Attractiveness Index

7.5.1.    By Country

7.5.2.    By Devices

7.5.3.    By End User

8.    Europe Electrophysiology Catheter Devices Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

8.2.1.    U.K. Electrophysiology Catheter Devices

8.2.2.    Germany Electrophysiology Catheter Devices

8.2.3.    Italy Electrophysiology Catheter Devices

8.2.4.    France Electrophysiology Catheter Devices

8.2.5.    Spain Electrophysiology Catheter Devices

8.2.6.    Russia Electrophysiology Catheter Devices

8.2.7.    Poland Electrophysiology Catheter Devices

8.2.8.    BENELUX Electrophysiology Catheter Devices

8.2.9.    NORDIC Electrophysiology Catheter Devices

8.2.10.    Rest of Europe Electrophysiology Catheter Devices

8.3.    Europe Electrophysiology Catheter Devices, By Devices

8.3.1.    Conventional Electrophysiology Catheters

8.3.2.    Advanced Electrophysiology Catheters

8.4.    Europe Electrophysiology Catheter Devices, By End User

8.4.1.    Hospitals

8.4.2.    Ambulatory Surgical Centers

8.4.3.    Cardiac Catheterization Labs

8.5.    Europe Electrophysiology Catheter Devices Attractiveness Index

8.5.1.    By Country

8.5.2.    By Devices

8.5.3.    By End User

9.    Asia Pacific Electrophysiology Catheter Devices Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

9.2.1.    China Electrophysiology Catheter Devices

9.2.2.    India Electrophysiology Catheter Devices

9.2.3.    Japan Electrophysiology Catheter Devices

9.2.4.    Australia and New Zealand Electrophysiology Catheter Devices

9.2.5.    South Korea Electrophysiology Catheter Devices

9.2.6.    ASEAN Electrophysiology Catheter Devices

9.2.7.    Rest of Asia Pacific Electrophysiology Catheter Devices

9.3.    Asia Pacific Electrophysiology Catheter Devices, By Devices

9.3.1.    Conventional Electrophysiology Catheters

9.3.2.    Advanced Electrophysiology Catheters

9.4.    Asia Pacific Electrophysiology Catheter Devices, By End User

9.4.1.    Hospitals

9.4.2.    Ambulatory Surgical Centers

9.4.3.    Cardiac Catheterization Labs

9.5.    Asia Pacific Electrophysiology Catheter Devices Attractiveness Index

9.5.1.    By Country

9.5.2.    By Devices

9.5.3.    By End User

10.    Middle East Electrophysiology Catheter Devices, By Region, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

10.2.1.    GCC Countries Electrophysiology Catheter Devices

10.2.2.    Israel Electrophysiology Catheter Devices

10.2.3.    Oman Electrophysiology Catheter Devices

10.2.4.    Rest of Middle East Electrophysiology Catheter Devices

10.3.    Middle East Electrophysiology Catheter Devices, By Devices

10.3.1.    Conventional Electrophysiology Catheters

10.3.2.    Advanced Electrophysiology Catheters

10.4.    Middle East Electrophysiology Catheter Devices, By End User

10.4.1.    Hospitals

10.4.2.    Ambulatory Surgical Centers

10.4.3.    Cardiac Catheterization Labs

10.5.    Middle East Electrophysiology Catheter Devices Attractiveness Index

10.5.1.    By Country

10.5.2.    By Devices

10.5.3.    By End User

11.    Africa Electrophysiology Catheter Devices, By Region, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) and Volume (Units) Forecast, By Country

11.2.1.    South Africa Electrophysiology Catheter Devices

11.2.2.    Egypt Electrophysiology Catheter Devices

11.2.3.    North Africa Electrophysiology Catheter Devices

11.2.4.    Rest of Africa Electrophysiology Catheter Devices

11.3.    Africa Electrophysiology Catheter Devices, By Devices

11.3.1.    Conventional Electrophysiology Catheters

11.3.2.    Advanced Electrophysiology Catheters

11.4.    Africa Electrophysiology Catheter Devices, By End User

11.4.1.    Hospitals

11.4.2.    Ambulatory Surgical Centers

11.4.3.    Cardiac Catheterization Labs

11.5.    Africa Electrophysiology Catheter Devices Attractiveness Index

11.5.1.    By Country

11.5.2.    By Devices

11.5.3.    By End User

12.    Recommendation

12.1.    Market Strategy

13.    Competitive Landscape

13.1.    Competition Dashboard

13.2.    List and Company Overview of Global Key Players

13.3.    Company Profiles

13.3.1.    Abbott (St. Jude Medical)

13.3.1.1.    Company Overview

13.3.1.2.    Financial Overview

13.3.1.3.    Product Portfolio

13.3.1.4.    Key Developments

13.3.1.5.    Business Strategies

13.3.2.    AD Instruments

13.3.3.    Transonic Sciences

13.3.4.    Stryker Corporation

13.3.5.    Boston Scientific Corporation 

13.3.6.    GE Healthcare (Division of General Electric Co.) 

13.3.7.    Medtronic, Inc. 

13.3.8.    Siemens Healthcare (A Division of Siemens AG) 

13.3.9.    Philips Healthcare (A Division of Koninklijke Philips N.V.) 

13.3.10.    Biotronik Se & Co.Kg 

13.3.11.    Microport Scientific Corporation

14.    Acronyms