Markntel Advisors’ report, Electrophysiology (EP) Devices Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Electrophysiology (EP) Devices presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Electrophysiology (EP) Devices Market Research Report & Market Summary:
The Global 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. This growth is attributed to increasing cardiovascular diseases such as cardiac arrhythmias resulting from changes in the lifestyle of humans globally coupled with increased alcohol and tobacco consumption and unhealthy food intake. Additionally, with the rising elderly population, heart-related diseases around the world are drastically elevating and there is a decrease in fertility rate too. As per the World Bank, the fertility rate was at 2.26 in 2022, resulting in an increase in the number of elderly humans around the world.
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Electrophysiology (EP) Devices Market Dynamics:
Key Driver-
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.
Electrophysiology (EP) Devices Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
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
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
The implantable segment accounts for over 50% share in the Global Electrophysiology (EP) Devices Market in 2024. This is primarily due to increasing cases of cardiovascular diseases across the globe, fueling the adoption of implantable electrophysiology devices.
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
By Region
- North America
- South America
- Europe
- The Middle East and Africa
- Asia-Pacific.
North America is the leading region of the Global Electrophysiology (EP) Devices Market and holds more than 45% of the shares in 2024.
As indicated in the latest market research report published by Markntel Advisors, “Electrophysiology (EP) Devices Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Electrophysiology (EP) Devices industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/electrophysiology-devices-market.html
Top Companies Operating in the Electrophysiology (EP) Devices Market:
- 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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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Electrophysiology (EP) Devices Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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