The electrophysiology market is expected to grow at 10.31 % CAGR from 2022 to 2029. It is expected to reach above USD 15.71 billion by 2029 from USD 6.5 billion in 2020.
The Global “Electrophysiology Market” is the topic of a comprehensive 2023 research report that researches into every aspect of the industry, from regional segments and key manufacturers to product type and applications. The report utilizes a challenging research methodology and statistical analysis techniques, including market breakdown and data triangulation, to provide consistent and accurate market evaluations and forecasts that extend all the way to 2029. Additionally, the report offers a straightforward context for assessing and evaluating the position of key manufacturers operating in this industry. Moreover, it sheds light on the competitive landscape of the global market by providing details on market share, product offerings, and active status of key market players.
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The study and treatment of electrical impulses in biological tissue or cells is known as electrophysiology. It entails measuring voltage current on a wide range of scales, from single ion channel proteins to entire organs, including the heart. The rising number of occurrences of cardiac arrhythmia worldwide as a result of bad lifestyle choices would boost market revenue.
- Rising prevalence of atrial fibrillation
- Electrophysiology device technological breakthroughs
- Electrophysiology catheter ablation is becoming more popular.
Electrophysiology Market Segmentation by Manufacturers, this report covers: Abbott Laboratories (U.S.), Biosense Webster, Inc. (U.S.), BIOTRONIK SE & Co. KG (Germany), Boston Scientific Corporation (U.S.), GE Healthcare (U.K.), Koninklijke Philips N.V. (The Netherlands), Medtronic, Inc. (U.S.), Microport Scientific Corporation (China), St. Jude Medical, Inc. (U.S.), and Siemens AG (Germany), and others.
Jan. 26, 2023; Abbott announced that the U.S. Food and Drug Administration (FDA) has approved its Proclaim™ XR spinal cord stimulation (SCS) system to treat painful diabetic peripheral neuropathy (DPN), a debilitating complication of diabetes. The Proclaim XR SCS system can provide relief to DPN patients in need of alternatives to traditional treatment approaches, such as oral medication. People who receive therapy from the Proclaim XR SCS system will also be able to use Abbott’s NeuroSphere™ Virtual Clinic, a connected care app that allows people to communicate with a physician and receive treatment adjustments remotely.
Feb. 2, 2023; Abbott announced two approvals as part of its growing suite of electrophysiology products in the global market. The company’s TactiFlex™ Ablation Catheter, Sensor Enabled™, the world’s only ablation catheter with a flexible tip and contact force sensing, received CE Mark1 for treating people with abnormal heart rhythms like atrial fibrillation (AFib). Abbott’s FlexAbility™ Ablation Catheter, Sensor Enabled™ also recently secured an expanded indication2 for treating patients with a complex heart condition by the U.S. Food and Drug Administration (FDA).
The Electrophysiology Market report also splitting the market by region: United States, Americas, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Middle East and Africa.
Electrophysiology Market By Product, 2020-2029, (Usd Billion), (Thousand Units)
Electrophysiology Market By Indication, 2020-2029, (Usd Billion), (Thousand Units)
Electrophysiology Market By End-User, 2020-2029, (Usd Billion), (Thousand Units)
Key Reasons to Purchase:
- To comprehend the outlook and prospects for the market.
- The definition, applications, and classifications in the report provide an in-depth insight of the market.
- The study includes the SWOT analysis and business plans of each player in the industry.
- The provides in-depth analyses of current market trends, trend forecasts, and growth factors.
- The study offers a thorough analysis of the vendor landscape, a competitive landscape analysis, and significant market strategies.
Detailed TOC of Global Electrophysiology Market Growth (Status and Outlook) 2029
Table Of Contents
- Executive Summary
- Electrophysiology Market Characteristics
- Electrophysiology Market Trends and Strategies
- Electrophysiology Market – Macro Economic Scenario
4.1. COVID-19 Impact On Electrophysiology Market
4.2. Ukraine-Russia War Impact on Electrophysiology Market
4.3. Impact Of High Inflation On Electrophysiology Market
- Electrophysiology Market Size And Growth
5.1. Global Electrophysiology Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Electrophysiology Forecast Market, 2022-2029F, 2029F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
- Electrophysiology Market Segmentation
6.1. Global Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2029
6.2. Global Market, Segmentation By type, Historic and Forecast, 2017-2022, 2022-2029
6.3. Global Electrophysiology Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2029
6.4. Global Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2029F, 2029F, $ Billion
- Electrophysiology Market Regional And Country Analysis
7.1. Global Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2029
7.2. Global Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2029
- Electrophysiology Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Electrophysiology Market
- Market Future Outlook and Potential Analysis
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