Electrophysiology Devices And Equipment Market Commodities, High Growth Opportunities, Segmentation, Market Trends By 2023-2032|Boston Scientific Corporation, Abbott Laboratories, GE Healthcare, Philips Healthcare, Biotronik SE & Co. KG

The Electrophysiology Devices And Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

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According to The Business Research Company’s Electrophysiology Devices And Equipment Global Market Report 2024, The electrophysiology devices and equipment market size has grown rapidly in recent years. It will grow from $6.1 billion in 2023 to $6.74 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to cardiac arrhythmias prevalence, aging population, minimally invasive procedures, clinical guidelines and research.

The electrophysiology devices and equipment market size is expected to see strong growth in the next few years. It will grow to $9.66 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to personalized medicine, telehealth integration, global access to healthcare, electrophysiology devices in heart failure management. Major trends in the forecast period include 4d mapping and visualization, remote ablation procedures, hybrid procedures, leadless cardiac pacing.

An increase in the prevalence rate of cardiovascular diseases (CVD) forms one of the major drivers for the industries operating in the electrophysiology devices and equipment market. CVD cases remain the leading cause of death across the globe, which increases the demand for a quick and effective treatment of the disease, thus increasing the demand for electrophysiology devices. For instance, in March 2022, according to the Office for National Statistics, there were 20,061 deaths attributed to heart attacks, marking an increase from the 19,440 recorded in 2020. Furthermore, in May 2023, according to the Centers for Disease Control and Prevention (CDC), a US-based government agency, in the US, approximately 1 in 20 adults aged 20 and older were afflicted by cardiovascular diseases. In 2021, a total of 695,000 individuals were living with cardiovascular diseases, and tragically, 375,476 people succumbed to these conditions in the same year.

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The electrophysiology devices and equipment market covered in this report is segmented –

1) By Product Type: Electrophysiology Ablation Catheters; Electrophysiology Diagnostic Catheters; Electrophysiology Lab Systems

2) By Monitoring Device Type: Electrocardiograph (ECG); Electroencephalograph (EEG); Electrocorticograph (ECoG); Electromyograph (EMG); Electroretinograph (ERG); Electrooculograph (EOG); Holter Monitoring Devices; X-Ray Systems; Imaging and 3D Mapping Systems; Diagnostic Electrophysiology Catheters

3) By Indication Analysis: Atrioventricular Nodal Reentry Tachycardia (AVNRT); Wolff-Parkinson-White Syndrome (WPW); Atrial Flutter; Atrial Fibrillation

4) By End-Users: Hospitals; Diagnostic centers; Clinics

The electrophysiology devices and equipment market report table of contents includes:

Executive Summary
Electrophysiology Devices And Equipment Market Characteristics
Electrophysiology Devices And Equipment Market Trends And Strategies
Electrophysiology Devices And Equipment Market – Macro Economic Scenario
Global Electrophysiology Devices And Equipment Market Size and Growth

Electrophysiology Devices And Equipment Market Competitive Landscape And Company Profiles
Global Electrophysiology Devices And Equipment Market Competitive Benchmarking
Global Electrophysiology Devices And Equipment Market Competitive Dashboard
Key Mergers And Acquisitions In The Electrophysiology Devices And Equipment Market
Electrophysiology Devices And Equipment Market Future Outlook and Potential Analysis

Top Major Players