Global Electrophysiology Devices And Equipment Market Report 2022

Electrophysiology Devices And Equipment Global Market Report 2022 provides strategists, marketers and senior management with the critical information they need to assess the global electrophysiology devices and equipment market as it emerges from the COVID-19 shut down.

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Description:

Where is the largest and fastest growing market for the electrophysiology devices and equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Electrophysiology Devices And Equipment Market Global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The Market Characteristics section of the report defines and explains the market
The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery
Market segmentations break down market into sub markets
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers

Scope

Markets Covered:

1) By Product Type: Electrophysiology Ablation Catheters; Electrophysiology Diagnostic Catheters; Electrophysiology Lab Systems
2) By Monitoring Device Type: Electrocardiograph (ECG); Electroencephalograph (EEG); Electrocorticograph (ECoG); Electromyograph (EMG); Electroretinograph (ERG); Electrooculograph (EOG); Holter Monitoring Devices; X-Ray Systems; Imaging and 3D Mapping Systems; Diagnostic Electrophysiology Catheters
3) By Indication Analysis: Atrioventricular Nodal Reentry Tachycardia (AVNRT); Wolff-Parkinson-White Syndrome (WPW); Atrial Flutter; Atrial Fibrillation
4) By End-Users: Hospitals; Diagnostic centers; Clinics

Companies Mentioned: St. Jude Medical; Boston Scientific Corporation; Abbott Laboratories; GE Healthcare; Philips Healthcare

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

This product will be delivered within 1-3 business days.

Frequently Asked Questions about the Global Electrophysiology Devices and Equipment Market

What is the estimated value of the Global Electrophysiology Devices and Equipment Market?

The Global Electrophysiology Devices and Equipment Market was estimated to be valued at $5.42 billion in 2022.

What is the growth rate of the Global Electrophysiology Devices and Equipment Market?

The growth rate of the Global Electrophysiology Devices and Equipment Market is 10.8%, with an estimated value of $8.18 billion by 2026.

What is the forecasted size of the Global Electrophysiology Devices and Equipment Market?

The Global Electrophysiology Devices and Equipment Market is estimated to be worth $8.18 billion by 2026.

Who are the key companies in the Global Electrophysiology Devices and Equipment Market?

Key companies in the Global Electrophysiology Devices and Equipment Market include St. Jude Medical, Boston Scientific Corporation, Abbott Laboratories, GE Healthcare, Philips Healthcare, Biotronik SE & Co. KG, Medtronic Inc., Biosense Webster, Microport Scientific Corporation and Japan Lifeline Co..

Report Attribute	Details
No. of Pages	175
Published	May 2022
Forecast Period	2022 - 2026
Estimated Market Value ( USD ) in 2022	$ 5.42 billion
Forecasted Market Value ( USD ) by 2026	$ 8.18 billion
Compound Annual Growth Rate	10.8%
Regions Covered	Global

1. Executive Summary2. Electrophysiology Devices And Equipment Market Characteristics3. Electrophysiology Devices And Equipment Market Trends And Strategies4. Impact Of COVID-19 On Electrophysiology Devices And Equipment

5. Electrophysiology Devices And Equipment Market Size And Growth

5.1. Global Electrophysiology Devices And Equipment Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Electrophysiology Devices And Equipment Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Electrophysiology Devices And Equipment Market Segmentation

6.1. Global Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Electrophysiology Ablation Catheters
Electrophysiology Diagnostic Catheters
Electrophysiology Lab Systems

6.2. Global Electrophysiology Devices And Equipment Market, Segmentation By Monitoring Device Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Electrocardiograph (ECG)
Electroencephalograph (EEG)
Electrocorticograph (ECoG)
Electromyograph (EMG)
Electroretinograph (ERG)
Electrooculograph (EOG)
Holter Monitoring Devices
X-Ray Systems
Imaging and 3D Mapping Systems
Diagnostic Electrophysiology Catheters

6.3. Global Electrophysiology Devices And Equipment Market, Segmentation By Indication Analysis , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Atrioventricular Nodal Reentry Tachycardia (AVNRT)
Wolff-Parkinson-White Syndrome (WPW)
Atrial Flutter
Atrial Fibrillation

6.4. Global Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Hospitals
Diagnostic centers
Clinics

7. Electrophysiology Devices And Equipment Market Regional And Country Analysis

7.1. Global Electrophysiology Devices And Equipment Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Electrophysiology Devices And Equipment Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Electrophysiology Devices And Equipment Market

8.1. Asia-Pacific Electrophysiology Devices And Equipment Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Electrophysiology Devices And Equipment Market

9.1. China Electrophysiology Devices And Equipment Market Overview
9.2. China Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Electrophysiology Devices And Equipment Market

10.1. India Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Electrophysiology Devices And Equipment Market

11.1. Japan Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Electrophysiology Devices And Equipment Market

12.1. Australia Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Electrophysiology Devices And Equipment Market

13.1. Indonesia Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Electrophysiology Devices And Equipment Market

14.1. South Korea Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Electrophysiology Devices And Equipment Market

15.1. Western Europe Electrophysiology Devices And Equipment Market Overview
15.2. Western Europe Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Electrophysiology Devices And Equipment Market

16.1. UK Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Electrophysiology Devices And Equipment Market

17.1. Germany Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Electrophysiology Devices And Equipment Market

18.4. France Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.5. France Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Electrophysiology Devices And Equipment Market

19.1. Eastern Europe Electrophysiology Devices And Equipment Market Overview
19.2. Eastern Europe Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Electrophysiology Devices And Equipment Market

20.1. Russia Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Electrophysiology Devices And Equipment Market

21.1. North America Electrophysiology Devices And Equipment Market Overview
21.2. North America Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Electrophysiology Devices And Equipment Market

22.1. USA Electrophysiology Devices And Equipment Market Overview
22.2. USA Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Electrophysiology Devices And Equipment Market

23.1. South America Electrophysiology Devices And Equipment Market Overview
23.2. South America Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Electrophysiology Devices And Equipment Market

24.1. Brazil Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Electrophysiology Devices And Equipment Market

25.1. Middle East Electrophysiology Devices And Equipment Market Overview
25.2. Middle East Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Electrophysiology Devices And Equipment Market

26.1. Africa Electrophysiology Devices And Equipment Market Overview
26.2. Africa Electrophysiology Devices And Equipment Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Electrophysiology Devices And Equipment Market, Segmentation By End-Users, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Electrophysiology Devices And Equipment Market Competitive Landscape And Company Profiles

27.1. Electrophysiology Devices And Equipment Market Competitive Landscape
27.2. Electrophysiology Devices And Equipment Market Company Profiles
27.2.1. St. Jude Medical
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Boston Scientific Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Abbott Laboratories
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. GE Healthcare
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Philips Healthcare
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Electrophysiology Devices And Equipment Market29. Electrophysiology Devices And Equipment Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer

Executive Summary

Major players in the electrophysiology devices and equipment market are St. Jude Medical, Boston Scientific Corporation, Abbott Laboratories, GE Healthcare, Philips Healthcare, Biotronik SE & Co. KG, Medtronic Inc., Biosense Webster, Microport Scientific Corporation, and Japan Lifeline Co.

The global electrophysiology devices and equipment market is expected to grow from $4.8 billion in 2021 to $5.42 billion in 2022 at a compound annual growth rate (CAGR) of 13.0%. The market is expected to grow to $8.18 billion in 2026 at a compound annual growth rate (CAGR) of 10.8%.

The electrophysiology devices and equipment market consist of sales of electrophysiology devices and equipment and related services. Electrophysiology devices and equipment are used in the diagnosis and treatment of heart rhythm disorders through electrical activity.

The main product types in the electrophysiology devices and equipment are electrophysiology ablation catheters, electrophysiology diagnostic catheters, and electrophysiology lab systems. Electrophysiology ablation catheters measure the electrical activity of the heart and diagnose abnormal heart rhythm. The various monitoring devices involved are electrocardiograph (ECG), electroencephalograph (EEG), electrocorticography (ECoG), electromyography (EMG), electroretinographic (ERG), electrooculography (EOG), Holter monitoring devices, X-ray systems, imaging and 3D mapping systems, and diagnostic electrophysiology catheters that are used in indication analysis of atrioventricular nodal reentry tachycardia (AVERT), Wolff-Parkinson-white syndrome (WPW), atrial flutter, and atrial fibrillation. The various end-users of electrophysiology devices and equipment are used in hospitals, diagnostic centers, and clinics.

North America was the largest region in electrophysiology devices and equipment market in 2021. Western Europe was the second-largest region in electrophysiology devices and equipment market.The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

An increase in the prevalence rate of cardiovascular diseases (CVD) forms one of the major drivers for the industries operating in the electrophysiology devices and equipment market. CVD cases remain the leading cause of death across the globe, which increases the demand for a quick and effective treatment of the disease, thus increasing the demand for electrophysiology devices. According to the data released by American Heart Association (AHA) in 2019, at least 48% of all adults in the USA have some form of cardiovascular disease. CVD prevalence excluding high blood pressure among adults in the USA is 9%. Also, according to the Centers for Disease Control and Prevention (CDC), by 2030, 12.1 million people in the United States will suffer from atrial fibrillation, which is the most common type of heart arrhythmia.

Lack of uniformity in the regulations governing the electrophysiology devices and equipment industry sometimes restricts the companies in the market from expanding globally, thereby hampering the market’s growth. The impact of individual country regulatory requirements can have huge implications for the availability of new electrophysiology devices and equipment. According to regulations in a few geographies, the manufacturers are required to conduct clinical trials (premarket and/or post-market) be either in whole or in part within a country. However, in markets such as Brazil, Japan, India, and China where local regulations are still in the nascent stage, the cost to run the trials is incurred by the manufacturers. For example, trials for devices like cardiac rhythm management (CRM) in multiple countries have less merit and do not reflect the true test results as it becomes difficult for the manufacturers to provide sufficient devices to run tests.

To increase the profit margins and sales, the companies operating in the Electrophysiology (EP) devices and equipment industry are coming up with new technologies aimed towards improving EP mapping and localization technology. EP mapping is a procedure used to diagnose the origins of abnormal heart rhythms. This procedure uses an electrically sensitive catheter. With improved mapping technologies it becomes easy to detect and locate abnormalities in the heart. For example, in January 2019, Abbott started its sensor-enabled TactiCath contact force ablation catheter for the treatment of atrial fibrillation. It is designed to provide accurate images of the heart extended with real-time electricity activity information.

The Reuse of a single-use device (SUD) is permitted by The Medicines and Healthcare products Regulatory Agency (MHRA) may impact the electrophysiology devices and equipment market growth as few of the products within the market may be reused. The MHRA allows the reuse of electrophysiology catheters, however, the device should be adherent to the medical devices directive and should have a CE mark. The reuse or reprocessing of electrophysiology catheters by electrophysiology (EP) laboratories in the US help in reducing the costs of these devices and lessening the environmental burden of the discarded bio-waste materials. As there is no clear regulation on reuse in developing nations such as Africa., Asia, Eastern Europe, Central America, and South America, the electrophysiology devices and equipment market may face a few challenges.

In September 2021, Boston Scientific, a company operating in electrophysiology devices and equipment acquired Lumenis for a deal amount of $1.07 billion. With this acquisition, Boston scientific company expands its portfolio in the US and Japan. Lumenis is a medical equipment company and a technology company based in Israel. [viii]

The countries covered in the electrophysiology devices and equipment market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.