Electrophysiology Therapeutic Devices Market: Leading Players and Forecast to 2021
Global Electrophysiology Therapeutic Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The following companies as the key players in the global electrophysiology therapeutic devices market: Boston Scientific, Medtronic, and St. Jude Medical.
Other Prominent Vendors in the market are: AngioDynamics, Biosense Webster, BIOTRONIK, Cardiac Science, Cook Medical, GE Healthcare, Imricor, LivaNova, Maquet Getinge Group (Atrium Medical), MicroPortScientific, and Vimecon.
The analysts forecast Global Electrophysiology Therapeutic Devices Market to grow at a CAGR of 9.38% during the period 2017-2021. One trend in the market is development of leadless pacemaker. Technological advancements have driven the development of leadless pacemakers. For instance, Nanostim leadless pacemaker developed by St. Jude Medical received the CE mark for the commercial launch in the European market. Leadless pacemakers are developed to reduce the risk of pocket infections, lead dislodgement, fracture or perforation, and extrusion of the pacemaker through the skin.
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According to the report, one driver in the market is increasing incidence of cardiac arrhythmia cases. Cardiac arrhythmia is the abnormal rhythm of the heart or irregular heartbeat resulting due to tachycardia (faster heart beat), bradycardia (slower heartbeat), stroke, or cardiac arrest. Cardiac ablation is used as a corrective measure for treating cardiac arrhythmia. EP therapeutic devices are used to monitor the heart beat and facilitate the treatment of the abnormal heart function.
This report covers the present scenario and the growth prospects of the Global Electrophysiology Therapeutic Devices Market for 2017-2021. To calculate the market size, the report considers volume and value of the global EP therapeutic devices market.
The market is divided into the following segments based on geography:
Americas, APAC and EMEA
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About Electrophysiology Therapeutic Devices
The EP therapeutic devices constitute nearly half of the global EP devices market. These devices are used for corrective procedures for the abnormal functioning of the heart. EP therapeutic devices such as pacemakers and ablation catheters are used in most diagnosis cases for cardiovascular diseases (CVDs). The ablation catheter is one of the most common EP devices used for cardiac arrhythmia. Based on the product, the market is segmented into ICDs, cardiac pacemakers, cardiac resynchronization therapy (CRT) devices, and ablation catheters.
Market challenge
High cost of ablation procedures
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Market trend
Development of leadless pacemaker
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
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