According to a new report published by Allied Market Research, titled, โChina 3D Cardiac Mapping Market: Global Opportunity Analysis and Industry Forecast, 2020 to 2027โ The China 3D cardiac mapping market was valued at $55.55 million in 2019, and is projected to reach $150.59 million by 2027, registering a CAGR of 12.8% from 2020 to 2027.
3D cardiac mapping is a technique that is widely accepted for identification, characterization, and localization of an arrhythmia. Cardiac mapping is a procedure in which the information from cardiac electrograms is collected and displayed. It is used to diagnose heart rhythms particularly in case of arrhythmia. This procedure is commonly done by injecting catheter into the heart chamber percutaneously to record electrograms sequentially, which is done to correlate electrograms in cardiac anatomy
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The China 3D cardiac mapping market is expected to witness an exponential growth during the forecast period, owing to benefits of using these advanced devices over conventional products and rise in healthcare expenditure. As per data published by the National Center for Cardiovascular Diseases, total number of CVD (cardiovascular diseases) patients in China was 290 million, in 2017. Moreover, geriatric population in China continues to grow at an exceptional rate and the proportion of elderly population is more prone to cardiovascular diseases.
The China 3D cardiac mapping market is segmented on the basis of application and end user. By application, it is divided into electroanatomical mapping, basket catheter mapping, and real-time positional management (cardiac pathways) EP system. By end user, it is segmented into hospitals, clinics, and diagnostics centers.
COVID-19 Impact Analysis:
Due to COVID 19 pandemic other healthcare segments have to face negligence. In addition, Coronavirus (COVID-19) was discovered in late December in Hubei province of Wuhan city in China. China is the center of this lethal disease. Furthermore, this disease predominantly affects the lungs, often leading to pneumonia and acute respiratory distress syndrome, adverse effects on the heart have also been observed. Conversely it has been observed that there is prevalence of Novel coronavirus in patients suffering with conditions like arrhythmia around 16.7 percent of patients developed arrhythmia. For this condition mainly 3D cardiac mapping is used. All these factors are anticipated to impact the China 3D cardiac mapping market as well in the future.
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- This report entails a detailed quantitative analysis along with the current trends of the China 3D cardiac mapping market trends from 2019 to 2027 to identify the prevailing opportunities along with strategic assessments.
- An in-depth market analysis includes analysis of China is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
- A comprehensive analysis of the factors that drive and restrain the growth of the market is provided.
- The market forecast is studied from 2020 to 2027.
- The market size and estimations are based on a comprehensive analysis of key developments in the industry.
- A qualitative analysis based on innovative products facilitates strategic business planning.
- The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.
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Comprehensive competitive analysis and profiles of major market players such as Abbott Laboratories, Microport Scientific Corporation, Medtronic Plc, and Acutus Medical provided in this report.
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