Electrophysiology Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027
The global electrophysiology device market size was valued at 5.1 billion in 2018. The growing use of electrophysiology devices in the diagnosis and treatment of cardiovascular diseases such as atrial fibrillation, the growing demand for cardiac rhythm management devices for continuous monitoring, and the growing use of these devices in the hospital environment will have a significant impact on rendering the growth drivers of the market. The increase in heart failure (HF) and heart attack cases due to lifestyle habits such as smoking and excessive drinking among millennials are the major factors driving the market.
St. Jude Medical, Inc., Biosense Webster, Inc. (a Johnson & Johnson Company), Boston Scientific Corporation, GE Healthcare (a division of General Electric Company.), Siemens AG, Medtronic plc, Philips Healthcare (a division of Koninklijke Philips N.V.), Biotronik SE & Co.KG, Microport Scientific Corporation, and Abbott Laboratories are the key players that operate in this market.
Electrophysiology Market: Segmentation
By Product
- EP Ablation Catheters
- EP Laboratory Devices
- EP Diagnostic Catheters
- Access Devices
- Others
By Indication
- Atrial Fibrillation (AF)
- Atrial Flutter
- Wolff-Parkinson-White Syndrome (WPW)
- Atrioventricular Nodal Reentry Tachycardia (AVNRT)
- Others
Key Questions Answered by Electrophysiology Market Report
- What was the Electrophysiology Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Electrophysiology Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Electrophysiology Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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