The global electrophysiology catheters market is projected to grow from USD 3.03 billion in 2021 to USD 4.70 billion by 2028, at a CAGR of 5.9%. The factors driving the growth of this market include increased adoption rates for catheter-based treatments and technological advancements in catheter manufacturing that enable more accurate diagnosis and treatment procedures.
Electrophysiology catheters are thin tubes with a small electrode at the end which is inserted into an artery in the groin or neck. They pass through to one of two main arteries, either the femoral artery (in the thigh) or the carotid artery (in the neck). They measure electric currents from within heartbeats and can be used for diagnosis as well as treatment.
On the basis of type, electrophysiology catheters are segmented into electrophysiology monitoring devices and electrophysiology treatment devices.
The main Electrophysiology Monitoring Devices are cardiac leads, catheters, and electrodes that monitor the heart’s electrical activity. They use a combination of electricity generated externally by an electrocardiograph or internally via a pacemaker to record data from various points in the body as they relate to abnormal rhythms.
The main Electrophysiology Treatment Devices are ablation catheters, cardiac leads, and electrodes that are used for cardiovascular treatment. They are inserted into the body and used to diagnose or treat arrhythmias.
On the basis of application, it is segmented into electrocardiograph, electroencephalograph, electrocorticography, electromyograph, electroretinography, and thermal imaging systems.
The main application is electrocardiography which uses electrical signals to produce a report on the heart’s activity or electrical function and can be done as an external test with patches.
The main application is electroencephalography which uses electrical signals to produce a report on the brain’s activity or electrical function. Electrodes are used in order to detect and record electric impulses sent by neurons of the brain.
The main application is electrocorticography which uses electrical signals to produce a report on the brain’s activity or function and can be done as an external test with patches. A neurosurgeon records a person’s brain waves with an electrode grid on their head outside of the skull. The electrocorticogram is then displayed as lines or spikes moving over time like a seismograph, and also provides information about where brain activity occurs, which can be helpful for diagnosing epilepsy, coma, or other neurological disorders.
The main application is electromyography which uses electrical signals to produce a report on the muscle’s activity or function. : This equipment detects electrical impulses in muscles that are sent by neurons during voluntary muscle contraction. Electromyographs are mainly used for the diagnosis of neuromuscular disorders. The main application is electromyography which uses electrical signals to produce a report on muscle contractions and functions.
Mainly used in ophthalmology, Electroretinograms can be done as an external test with patches and electrodes are placed directly onto the skin of the eye that has been numbed with drops containing lidocaine. A radiofrequency current passes through one side of the retina (the light-sensitive layer at the back of the eyes) while one looks into a beam from a machine called an electroretinogram recorder. The brain responds by sending nerve impulses down the optic nerves to muscles controlling movements inside the eyeball. This reflex causes the pupil to contract and produces the electric currents that are recorded by the electrodes.
Electrophysiology catheters are used in thermal imaging systems for cardiovascular and renal applications. A recent study has found that the use of electrophysiology catheters could improve the accuracy when using computed tomography (CT) or magnetic resonance imaging (MRI). The radial artery which is located on the underside of a patient's wrist can be observed through these two scans without having to do an invasive procedure. This means physicians can detect blockages before they happen, minimizing risk factors from occurring as well as cost savings associated with hospital stays and procedures.
On the basis of the region, the global electrophysiology catheters market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In terms of geography, North America is the largest market for electrophysiology catheters followed by Europe.
North America accounts for the largest market share followed by Europe in recent years owing to increased adoption rates for catheter-based treatments and technological advancements in catheter manufacturing that enable more accurate diagnosis and treatment procedures. Latin America holds a significant position in this market as well due to increasing cases of cardiovascular disease coupled with high demand from emerging economies such as China & India which are expected to drive growth over the forecast period. The Asia Pacific also contributes to significant market share in the global electrophysiology catheters markets owing to a growing population and economic growth.
Up Market Research published a new report titled “Electrophysiology Catheters Market research report which is segmented by Types (Electrophysiology Monitoring Devices, Electrophysiology Treatment Devices), By Applications (Electrocardiograph, Electroencephalograph, Electrocorticograph, Electromyograph, Electroretinograph, Electrooculograph, Holter Monitoring Devices, X-Ray Systems, Imaging and 3D Mapping Systems), By Players/Companies Abbott Laboratories, Biotronik SE, Boston Scientific, GE Healthcare, Medtronic, Microport, Nihon Kohden, Philips Healthcare, Siemens Healthcare, Abbott”.
|Report Attributes||Report Details|
|Report Title||Electrophysiology Catheters Market Research Report|
|By Type||Electrophysiology Monitoring Devices, Electrophysiology Treatment Devices|
|By Application||Electrocardiograph, Electroencephalograph, Electrocorticograph, Electromyograph, Electroretinograph, Electrooculograph, Holter Monitoring Devices, X-Ray Systems, Imaging and 3D Mapping Systems|
|By Companies||Abbott Laboratories, Biotronik SE, Boston Scientific, GE Healthcare, Medtronic, Microport, Nihon Kohden, Philips Healthcare, Siemens Healthcare, Abbott|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||219|
|Number of Tables & Figures||154|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Electrophysiology Monitoring Devices, Electrophysiology Treatment Devices and By Application Electrocardiograph, Electroencephalograph, Electrocorticograph, Electromyograph, Electroretinograph, Electrooculograph, Holter Monitoring Devices, X-Ray Systems, Imaging and 3D Mapping Systems.
Some of the companies that are profiled in this report are:
Electrophysiology Catheters Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Electrophysiology Catheters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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