MarkNtel Advisors recently published a detailed industry analysis of the Global Electrophysiology (EP) Devices Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Electrophysiology (EP) Devices Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Electrophysiology (EP) Devices Market size was valued at around USD 12 Billion in 2024 and is projected to reach USD 24 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period, i.e. 2025-30.
What are the major Driver the Global Electrophysiology (EP) Devices industry?
Rising Cases of Cardiovascular Diseases (CVD) – Globally, the majority of deaths are caused by chronic diseases. CVD is at the top of them, as these collectively account for more than 30% of all deaths worldwide. The WHO has said that the deaths attributed to CVD have moved up from approximately 12.1 million in 1990 to around 70% and have reached 20.5 million in 2021, reveals the World Heart Foundation. This is primarily because the population is on the rise worldwide. The reduced birth rate around the world, which means a growing older population, will push the incidence of CVD up further.
The rising number of cases of CVD will propel the growth of medication and rehabilitation that comes along with it. However, optimal usage of drugs, timely check-ups, and monitoring for CVD are of utmost importance for its effective treatment. Thus this shall boost demand for electrophysiology devices in the market.
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What segments define the Global Electrophysiology (EP) Devices Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Device Type
- Electrophysiology Ablation Catheters
- Cryoablation Electrophysiology Catheters – Market Size & Forecast 2020-2030, USD Million
- Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million
- Irrigated-Tip Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million
- Conventional Radiofrequency Ablation Catheters – Market Size & Forecast 2020-2030, USD Million
- Laser Ablation Systems – Market Size & Forecast 2020-2030, USD Million
- Microwave Ablation Systems – Market Size & Forecast 2020-2030, USD Million
- Navigational Advanced Mapping Accessories – Market Size & Forecast 2020-2030, USD Million
- Electrophysiology Diagnostic Catheters
- Conventional Electrophysiology Diagnostic Catheters
- Steerable Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
- Fixed Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
- Advanced Electrophysiology Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
- Ultrasound Electrophysiology Diagnostic Catheters – Market Size & Forecast 2020-2030, USD Million
- Conventional Electrophysiology Diagnostic Catheters
- Electrophysiology Laboratory Devices – Market Size & Forecast 2020-2030, USD Million
- Access Devices – Market Size & Forecast 2020-2030, USD Million
- Others – Market Size & Forecast 2020-2030, USD Million
According to report, In 2024, the electrophysiology ablation catheters hold more than 43% of the share in the Global Electrophysiology (EP) Devices Market.
By Modality
- Implantable – Market Size & Forecast 2020-2030, USD Million
- External – Market Size & Forecast 2020-2030, USD Million
According to report, The implantable segment accounts for over 50% share in the Global Electrophysiology (EP) Devices Market in 2024.
By Indication
- Atrial Fibrillation (AF) – Market Size & Forecast 2020-2030, USD Million
- Atrial Flutter – Market Size & Forecast 2020-2030, USD Million
- Atrial Tachycardia – Market Size & Forecast 2020-2030, USD Million
- Wolff-Parkinson-White Syndrome (WPW) – Market Size & Forecast 2020-2030, USD Million
- Atrioventricular Nodal Reentry Tachycardia (AVNRT) – Market Size & Forecast 2020-2030, USD Million
- Others – Market Size & Forecast 2020-2030, USD Million
By End User
- Hospitals – Market Size & Forecast 2020-2030, USD Million
- Diagnostic Centers – Market Size & Forecast 2020-2030, USD Million
- Clinics – Market Size & Forecast 2020-2030, USD Million
- Ambulatory Surgical Centers – Market Size & Forecast 2020-2030, USD Million
- Others – Market Size & Forecast 2020-2030, USD Million
Explore the Complete Global Electrophysiology (EP) Devices Market Analysis Report – https://www.marknteladvisors.com/research-library/electrophysiology-devices-market.html
Geographical Analysis: Global Electrophysiology (EP) Devices Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Electrophysiology (EP) Devices Market Share & Competitive Landscape:
The Electrophysiology (EP) Devices Market characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Electrophysiology (EP) Devices Market are:
- Abbott Laboratories
- Acutus Medical
- Siemens
- Nihon Kohden Corporation
- Biosense Webster
- Boston Scientific Corporation
- GE Healthcare
- Medtronic
- Philips
- Biotronik
- MicroPort Scientific Corporation
- AliveCor
- Bittium Corporation
- Stereotaxis
- Japan Lifeline
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The Global Electrophysiology (EP) Devices Industry Recent Development:
- November 2024: Boston Scientific Corporation is in its M&A process with the Cortex, which possesses the diagnostic mapping technology to detect atrial fibrillation (AFib) outside the pulmonary veins.
- September 2024: Abbott has announced that it has partnered with iCardio.ai to develop an AI application for its Electrophysiology Imaging technology.
Questions Addressed in this Study
1.What factors are driving the Global Electrophysiology (EP) Devices Market growth?
2.How is the Global Electrophysiology (EP) Devices Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Electrophysiology (EP) Devices Market Market?
4.What is the current size of the Global Electrophysiology (EP) Devices Market Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Electrophysiology (EP) Devices Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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