Are you awake during electrophysiology?
There may be several monitor screens showing your vital signs and the images of the catheter being moved through your body into your heart. You will likely be given a sedative in your IV before the test to help you relax. However, you will be somewhat awake during the test.
The global electrophysiology market was estimated at $6.49 billion in 2020 and is expected to hit $22.65 billion by 2030, registering a CAGR of 14.4% from 2021 to 2030. The report offers an extensive analysis of changing market trends, top segments, major investment pockets, regional scenarios, value chain, and competitive landscape.
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What is the Impact of COVID-19 Pandemic on Electrophysiology Market?
- During the pandemic, the majority of hospitals were restructured to heighten hospital capacity for Covid-19 patients, especially during the initial phase. This gave way to cancellation of many non-essential surgical processes, which impacted the global electrophysiology market negatively.
- However, the market is anticipated to recoup soon.
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Rise in number of approvals for medical devices is the key factor that further boost growth of the electrophysiology market. In addition, initiatives taken by governments and private organizations to spread knowledge among physicians regarding electrophysiology devices and procedures propel growth of the market.
The global electrophysiology market is segmented into product, indication, end user, and region. On the basis of product, the market is segregated into EP ablation catheters, EP laboratory devices, EP diagnostic catheters, access devices, and others. The EP ablation catheters segment is further subcategorized into cryoablation EP catheters, radiofrequency ablation catheters, microwave ablation systems, laser ablation systems, and navigational advanced mapping accessories. The EP laboratory devices segment is further subcategorized into EP X-Ray systems, 3D mapping systems, EP recording systems, EP remote steering systems, and others.
VALUE PROPOSITIONS RELATED TO THE REPORT:
- Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market
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Key players in the industry-
- Biotronik SE & Co. KG
- Boston Scientific Corporation
- Abbott Laboratories
- CardioFocus, Inc.
- GE Healthcare
- Koninklijke Philips N.V.
- Medtronic Plc.
- MicroPort Scientific Corporation
- Siemens Healthineers AG.
- Johnson & Johnson, Inc.
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