Global Electrophysiology Catheters Market 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) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
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.
Electrophysiology Monitoring 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.
Electrophysiology Treatment Devices
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.
Electrocardiograph
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.
Electroencephalograph
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.
Electrocorticography
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.
Electromyograph
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.
Electroretinogram
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.
Thermal Imaging Systems
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.
Growth factors
- Growth in a number of cardiovascular diseases is driving the demand for electrophysiology catheter devices. The increasing prevalence of heart failure cases that can be treated with cardiac ablation procedures has been leading to rising in the adoption rate of this medical device. The increasing elderly population coupled with growing obesity rates globally will also fuel this market’s long-term growth prospects.
- Gaining acceptance of stroke treatment in developed countries also has been positively influencing this market’s growth. The rising prevalence of cerebrovascular disease and poor blood circulation owing to the aging population will drive the demand over a forecast period.
- In contrast, lack of awareness about these devices among physicians coupled with high cost is hampering adoption rates globally. Low-quality products offered by manufacturers have made it difficult for players to gain acceptance from end-users which may pose a major challenge to the global electrophysiology catheter device market over the next few years.
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 Scope
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 |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
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.
Global Electrophysiology Catheters Market Report Segments:
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:
- Abbott Laboratories
- Biotronik SE
- Boston Scientific
- GE Healthcare
- Medtronic
- Microport
- Nihon Kohden
- Philips Healthcare
- Siemens Healthcare
- Abbott
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.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Electrophysiology Catheters Market
Overview of the regional outlook of the Electrophysiology Catheters Market:
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.
Highlights of The Electrophysiology Catheters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Electrophysiology Catheters Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Electrophysiology Monitoring Devices
2. Electrophysiology Treatment Devices
7. By Application:1. Electrocardiograph
2. Electroencephalograph
3. Electrocorticograph
4. Electromyograph
5. Electroretinograph
6. Electrooculograph
7. Holter Monitoring Devices
8. X-Ray Systems
9. Imaging and 3D Mapping Systems
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Electrophysiology Catheters Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrophysiology Catheters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrophysiology Catheters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrophysiology Catheters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrophysiology Catheters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrophysiology Catheters Market Size & Forecast, 2018-2028
4.5.1 Electrophysiology Catheters Market Size and Y-o-Y Growth
4.5.2 Electrophysiology Catheters Market Absolute $ Opportunity
Chapter 5 Global Electrophysiology Catheters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electrophysiology Catheters Market Size Forecast by Type
5.2.1 Electrophysiology Monitoring Devices
5.2.2 Electrophysiology Treatment Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrophysiology Catheters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electrophysiology Catheters Market Size Forecast by Applications
6.2.1 Electrocardiograph
6.2.2 Electroencephalograph
6.2.3 Electrocorticograph
6.2.4 Electromyograph
6.2.5 Electroretinograph
6.2.6 Electrooculograph
6.2.7 Holter Monitoring Devices
6.2.8 X-Ray Systems
6.2.9 Imaging and 3D Mapping Systems
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrophysiology Catheters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrophysiology Catheters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electrophysiology Catheters Analysis and Forecast
9.1 Introduction
9.2 North America Electrophysiology Catheters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electrophysiology Catheters Market Size Forecast by Type
9.6.1 Electrophysiology Monitoring Devices
9.6.2 Electrophysiology Treatment Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electrophysiology Catheters Market Size Forecast by Applications
9.10.1 Electrocardiograph
9.10.2 Electroencephalograph
9.10.3 Electrocorticograph
9.10.4 Electromyograph
9.10.5 Electroretinograph
9.10.6 Electrooculograph
9.10.7 Holter Monitoring Devices
9.10.8 X-Ray Systems
9.10.9 Imaging and 3D Mapping Systems
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electrophysiology Catheters Analysis and Forecast
10.1 Introduction
10.2 Europe Electrophysiology Catheters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electrophysiology Catheters Market Size Forecast by Type
10.6.1 Electrophysiology Monitoring Devices
10.6.2 Electrophysiology Treatment Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electrophysiology Catheters Market Size Forecast by Applications
10.10.1 Electrocardiograph
10.10.2 Electroencephalograph
10.10.3 Electrocorticograph
10.10.4 Electromyograph
10.10.5 Electroretinograph
10.10.6 Electrooculograph
10.10.7 Holter Monitoring Devices
10.10.8 X-Ray Systems
10.10.9 Imaging and 3D Mapping Systems
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electrophysiology Catheters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrophysiology Catheters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electrophysiology Catheters Market Size Forecast by Type
11.6.1 Electrophysiology Monitoring Devices
11.6.2 Electrophysiology Treatment Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electrophysiology Catheters Market Size Forecast by Applications
11.10.1 Electrocardiograph
11.10.2 Electroencephalograph
11.10.3 Electrocorticograph
11.10.4 Electromyograph
11.10.5 Electroretinograph
11.10.6 Electrooculograph
11.10.7 Holter Monitoring Devices
11.10.8 X-Ray Systems
11.10.9 Imaging and 3D Mapping Systems
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electrophysiology Catheters Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrophysiology Catheters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electrophysiology Catheters Market Size Forecast by Type
12.6.1 Electrophysiology Monitoring Devices
12.6.2 Electrophysiology Treatment Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electrophysiology Catheters Market Size Forecast by Applications
12.10.1 Electrocardiograph
12.10.2 Electroencephalograph
12.10.3 Electrocorticograph
12.10.4 Electromyograph
12.10.5 Electroretinograph
12.10.6 Electrooculograph
12.10.7 Holter Monitoring Devices
12.10.8 X-Ray Systems
12.10.9 Imaging and 3D Mapping Systems
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electrophysiology Catheters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrophysiology Catheters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electrophysiology Catheters Market Size Forecast by Type
13.6.1 Electrophysiology Monitoring Devices
13.6.2 Electrophysiology Treatment Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electrophysiology Catheters Market Size Forecast by Applications
13.10.1 Electrocardiograph
13.10.2 Electroencephalograph
13.10.3 Electrocorticograph
13.10.4 Electromyograph
13.10.5 Electroretinograph
13.10.6 Electrooculograph
13.10.7 Holter Monitoring Devices
13.10.8 X-Ray Systems
13.10.9 Imaging and 3D Mapping Systems
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrophysiology Catheters Market: Competitive Dashboard
14.2 Global Electrophysiology Catheters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott Laboratories
14.3.2 Biotronik SE
14.3.3 Boston Scientific
14.3.4 GE Healthcare
14.3.5 Medtronic
14.3.6 Microport
14.3.7 Nihon Kohden
14.3.8 Philips Healthcare
14.3.9 Siemens Healthcare
14.3.10 Abbott