Electrophysiology Devices Market 2028, Size, Share and Trends | Comprehensive Insights by Credence Research

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Electrophysiology Devices Market 2028, Size, Share and Trends | Comprehensive Insights by Credence Research
The global electrophysiology devices market has witnessed steady growth in recent years and is expected to continue growing at a CAGR of 11.5% between 2023 and 2030. The market was valued at USD 6.3 billion in 2022 and is expected to reach USD 13.5 billion in 2030.

Credence Research, a leading market research company, has published a new report on the rapidly expanding global electrophysiology devices market. The analysis forecasts the market to reach USD 13.5 Billion by 2030, growing at a robust CAGR of 11.5% from 2023 to 2030.

Electrophysiology devices, which assist in diagnosing and treating electrical abnormalities within the body, have seen a surge in demand due to the rising prevalence of cardiovascular and neurological disorders such as arrhythmias, epilepsy, and Parkinson’s disease.

Diagnostic catheters, holding more than 35% market share in 2022, have emerged as the leading segment, while ablation catheters are predicted to exhibit the fastest growth in the forecast period.

The report identifies atrial fibrillation as the predominant application for electrophysiology devices, with this segment holding a share of over 38% in 2022. In terms of end users, specialty clinics & diagnostic centers have led the market with over 55% share in 2022, but the hospitals & ASCs segment is projected to post the highest CAGR during the forecast period.

Regionally, North America led the global market in 2022, accounting for more than 42% of global revenue, primarily due to higher prevalence of heart disorders. However, Asia Pacific is projected to experience significant growth, bolstered by improvements in healthcare infrastructure, rising disposable incomes, and increasing awareness of advanced treatment options.

The global electrophysiology devices market’s growth is fueled by several factors, including technological advancements leading to improved device capabilities and the growing demand for minimally invasive procedures. Nonetheless, high costs of electrophysiology devices, stringent regulatory requirements, and the need for skilled healthcare professionals present significant challenges.

The U.S. and Germany are highlighted as key markets due to robust healthcare infrastructure, higher prevalence of cardiovascular and neurological disorders, and strong focus on research and technological advancements.

“Electrophysiology devices are pivotal in diagnosing and treating an array of conditions related to the body’s electrical activity,” commented a senior analyst at Credence Research. “With technological advancements, such as 3D mapping systems and remote monitoring capabilities, we expect the market to continue its upward trajectory, especially in regions with improving healthcare infrastructure and access to advanced healthcare services.”

The full report offers a comprehensive overview of the market dynamics, competitive landscape, and segment analysis, providing valuable insights for market participants and stakeholders.

Browse (Electrophysiology Devices Market By Type (Ablation Catheters, Diagnostic Catheters, Mapping System, Accessories, Others) By Application (Atrial Fibrillation, Supraventricular Tachycardia (SVT), Ventricular Tachycardia, Others)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030) –  https://www.credenceresearch.com/report/electrophysiology-devices-market

 

Segmentation

  • By Type
    • Ablation Catheters
    • Diagnostic Catheters
    • Mapping System
    • Accessories
    • Others
  • By Application
    • Atrial Fibrillation
    • Supraventricular Tachycardia (SVT)
    • Ventricular Tachycardia
    • Others
  • By End User
    • Hospitals & ASCs
    • Specialty Clinics & Diagnostic Centers
  • By Region
  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • The U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Table Of Content-

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Data Modelling

1.3.2.1. Company Share Analysis Model

1.3.2.2. Revenue Based Modelling

1.3.3. Phase III – Primary Research

1.3.4. Research Limitations

1.3.5. Assumptions

1.4. Market Introduction

1.5. Market Research Scope

2. Executive Summary

2.1. Market Snapshot: Global Electrophysiology Devices Market

2.2. Global Electrophysiology Devices Market, By Type

2.3. Global Electrophysiology Devices Market, By End User

2.4. Global Electrophysiology Devices Market, By Application

2.5. Global Electrophysiology Devices Market, By Region

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Electrophysiology Devices Market Value, 2017-2030, (US$ Bn)

3.1.2. Y-o-Y Growth Trend Analysis

3.2. Market Dynamics

3.2.1. Market Drivers

3.2.2. Market Restraints

3.2.3. Market Opportunities

3.2.4. Major Industry Challenges

3.3. Growth and Development Patterns

3.4. Investment Feasibility Analysis

3.5. Market Opportunity Analysis

3.5.1. Type

3.5.2. End User

3.5.3. Application

3.5.4. Geography

4. Premium Insights

4.1. STAR (Situation, Task, Action, Results) Analysis

4.2. Porter’s Five Forces Analysis

4.2.1. Threat of New Entrants

4.2.2. Bargaining Power of Buyers/Consumers

4.2.3. Bargaining Power of Suppliers

4.2.4. Threat of Substitute Types

4.2.5. Intensity of Competitive Rivalry

4.3. Key Market Trends

4.3.1. Demand Side Trends

4.3.2. Supply Side Trends

4.4. Value Chain Analysis

4.5. Technology Analysis

4.6. Analysis and Recommendations

4.7. Marketing Strategy Analysis

4.7.1. Direct Marketing

4.7.2. Indirect Marketing

4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022

5.1. Company market share of key players, 2022

5.2. Competitive Benchmarking

5.3. Market Positioning of Key Vendors

5.4. Geographical Presence Analysis

5.5. Major Strategies Adopted by Key Players

5.5.1. Key Strategies Analysis

5.5.2. Mergers and Acquisitions

5.5.3. Partnerships

5.5.4. Product Launch

5.5.5. Geographical Expansion

5.5.6. Others

6. Economic Impact Analysis

6.1. Recession Impact

6.1.1. North America

6.1.2. Europe

6.1.3. Asia Pacific

6.1.4. Latin America

6.1.5. Middle East and Africa

6.2. Ukraine-Russia War Impact

6.2.1. North America

6.2.2. Europe

6.2.3. Asia Pacific

6.2.4. Latin America

6.2.5. Middle East and Africa

6.3. COVID-19 Impact Analysis

6.3.1. North America

6.3.2. Europe

6.3.3. Asia Pacific

6.3.4. Latin America

6.3.5. Middle East and Africa

7. Global Electrophysiology Devices Market, By Type

7.1. Global Electrophysiology Devices Market Overview, by Type

7.1.1. Global Electrophysiology Devices Market Revenue Share, By Type, 2022 Vs 2030 (in %)

7.2. Ablation Catheters

7.2.1. Global Electrophysiology Devices Market, By Region, 2017-2030 (US$ Bn)

7.3. Diagnostic Catheters

7.3.1. Global Electrophysiology Devices Market, By Region, 2017-2030 (US$ Bn)

7.4. Mapping System

7.4.1. Global Electrophysiology Devices Market, By Region, 2017-2030 (US$ Bn)

7.5. Accessories

7.5.1. Global Electrophysiology Devices Market, By Region, 2017-2030 (US$ Bn)

7.6. Others

7.6.1. Global Electrophysiology Devices Market, By Region, 2017-2030 (US$ Bn)

8. Global Electrophysiology Devices Market, By End User

8.1. Global Electrophysiology Devices Market Overview, by End User

8.1.1. Global Electrophysiology Devices Market, By End User, 2022 vs 2030 (in %)

8.2. Hospitals & ASCs

8.2.1. Global Electrophysiology Devices Market, By Region, 2017-2030 (US$ Bn)

8.3. Specialty Clinics & Diagnostic Centers

8.3.1. Global Electrophysiology Devices Market, By Region, 2017-2030 (US$ Bn)

 

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Browse Report (Electrophysiology Devices Market By Type (Ablation Catheters, Diagnostic Catheters, Mapping System, Accessories, Others) By Application (Atrial Fibrillation, Supraventricular Tachycardia (SVT), Ventricular Tachycardia, Others)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030) –  https://www.credenceresearch.com/report/electrophysiology-devices-market

 

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