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Global Electrophysiology Devices Market by Type (Monitoring Devices, Treatment Devices), By Application (Scientific Institutions, Universities, Hospitals, Laboratory) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MDC-157
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 61
  • No. Of Pages: 204
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  • Pub. Date: 2021-03-01
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The global electrophysiology devices market is predicted to reach USD 1.6 billion by 2028 at a CAGR of 3.2% from 2021-2028. The growing demand for treatment and monitoring devices in various healthcare facilities will drive the growth of the global electrophysiology devices market during this period.

Electrophysiology devices are medical devices used in the diagnosis and treatment of cardiac arrhythmias. These include pacemakers, implantable cardioverter-defibrillators (ICDs), and catheters for mapping electrophysiological abnormalities. It is a device that provides electrical stimulation for the heart muscle. It works by sending an electric current through wires to specific points on the skin. This helps regulate your heartbeat and other heart functions. These devices provide electrical stimulation to help regulate heart muscle function by sending an electric current through wires to specific points on the skin.

On the basis of type, the Electrophysiology device is segmented into monitoring devices and treatment devices.

Monitoring Devices

The monitoring type of electrophysiology device is what monitors electrical activity in the heart. These devices can monitor a patient's ECG and other vital signs, such as blood pressure or body temperature. The monitoring type of electrophysiology device is used to monitor the electrical activity of both the heart and brain. This equipment helps physicians diagnose cardiac or neurological conditions by analyzing the patterns and shapes of electrocardiogram (ECG) waves, which are graphical representations showing time dependence in an electric signal. ECGs can reveal such things as arrhythmia, atrial fibrillation, bradycardia, etc., based on changes in wave amplitude over time.

Treatment Devices

Treatment devices in electrophysiology devices are used for the treatment of cardiac arrhythmias, which may occur as a result of congenital heart defects. Treatment devices can be categorized into either defibrillators or pacemakers. The difference between these two categories is that a defibrillator aims to restore normal sinus rhythm and should only be applied when there is ventricular tachycardia or fibrillation whereas, a pacemaker regulates an irregular heartbeat by generating impulses at regular intervals.

On the basis of application, the global electrophysiology devices market is segmented into laboratories, universities, hospitals and scientific institutions.


The use of electrophysiology devices in laboratories for research is aimed at understanding the processes that lead to cardiac arrhythmias. In this regard, they are used to study ion channels and cellular communication pathways. Furthermore, these devices can be utilized to examine the effects of alterations in one or more genes on cardiac electrophysiology.


In universities, electrophysiology devices are used for the diagnosis and therapeutic interventions of cardiac arrhythmias. The use of these devices helps in identifying students with pre-existing heart conditions that may otherwise be undetected.

Every university has a cardiologist who is responsible for providing diagnostic tools to detect any underlying condition or abnormalities in the student’s heart rhythm. These machines help identify high school athletes who have an increased risk of sudden death due to cardiac arrest and also provide therapy options such as medication management or implantable defibrillators when necessary. Additionally, advanced computing technologies allow data from other sources including smartphones to be collected by wearable sensors and analyzed using artificial intelligence algorithms which can then recommend appropriate treatments based on their individual profile.

Hospitals and Scientific Institutions

Electrophysiology devices are used in hospitals to monitor patients with certain heart conditions. They can be temporarily inserted into the body or attached externally so that doctors can get a more detailed look at what is happening inside the patient's heart. This helps them diagnose and treat abnormalities, such as arrhythmia (where the rhythm of your heartbeat isn't regular), which may lead to cardiac arrest if left untreated for too long. A specialist who operates these types of machines is called an electrophysiologist.

Electrophysiology devices are used to diagnose and treat a wide range of heart conditions. They can be employed in various environments, including hospitals and research institutions. In scientific institutes, they are utilized as experimental tools during animal testing procedures on animals such as horses with congenital heart defects or cows who have been diagnosed with myocyte necrosis viral infection (MYNV).

On the basis of region, the global electrophysiology devices market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North American market accounted for the largest share of the global Electrophysiology devices market in 2018

North American Market: The U.S., Canada, and Mexico are some major countries that comprise this region with a well-developed healthcare infrastructure coupled together with rising investments from both public as well as private sectors are expected to drive growth throughout the 2028 period. Moreover, stringent safety regulations pertaining to pharmaceuticals along with an increasing number of hospitals under construction will offer immense opportunities for electrophysiology device manufacturers during the forecast period.

Latin America: The Brazilian and Mexican markets are the two key countries to watch out for in this region, owing to their large population base. Moreover, increasing awareness about Electrophysiology devices coupled with rising disposable income will likely result in significant growth of the electrophysiology device market over the coming years. Brazil is expected to remain as a leading country due to its well-developed healthcare infrastructure along with lucrative investment opportunities from both public and private sectors which could drive growth during the forecast period. On the other hand, Mexico has witnessed new investments mainly by state governments and commercial partners like Walgreens Boots Alliance PLC (WBA) & Televisa SAB DE CV who have pledged billions of dollars towards expanding health care services across the nation. This could lead to significant growth in the electrophysiology devices market over the coming years.

Growth Factors

The global Electrophysiology Devices Market is witnessing considerable growth in terms of the market size, owing to the increase in the number of hospitals and clinics performing high-end procedures. The rising number of neurologists with specialized training on electrophysiology devices, coupled with the increased availability of funds for research and development has boosted the demand for these products across the globe. In addition, increasing awareness about potential outcomes related to various treatment options along with growing demand from emerging economies are some other factors that have been strengthening this global industry over recent years.

Up Market Research published a new report titled “Electrophysiology Devices Market research report which is segmented by Types (Monitoring Devices, Treatment Devices), By Applications (Scientific Institutions, Universities, Hospitals, Laboratory), By Players/Companies Biosense Webster, Abbott Laboratories, Boston Scientific, Medtronic, Micropace EP”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report Attributes Report Details
Report Title Electrophysiology Devices Market Research Report
By Type Monitoring Devices, Treatment Devices
By Application Scientific Institutions, Universities, Hospitals, Laboratory
By Companies Biosense Webster, Abbott Laboratories, Boston Scientific, Medtronic, Micropace EP
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 204
Number of Tables & Figures 143
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 Devices Industry Outlook

Global Electrophysiology Devices Market Report Segments:

The market is segmented by Type Monitoring Devices, Treatment Devices and By Application Scientific Institutions, Universities, Hospitals, Laboratory.


Some of the companies that are profiled in this report are:

  1. Biosense Webster
  2. Abbott Laboratories
  3. Boston Scientific
  4. Medtronic
  5. Micropace EP

Electrophysiology Devices 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 Devices Market

Overview of the regional outlook of the Electrophysiology Devices 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.

Electrophysiology Devices Market Overview

Highlights of The Electrophysiology Devices Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Electrophysiology Devices Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Monitoring Devices

                2. Treatment Devices

       7. By Application:

                1. Scientific Institutions

                2. Universities

                3. Hospitals

                4. Laboratory

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electrophysiology Devices 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

Electrophysiology Devices Market Statistics

Reasons to Purchase the Electrophysiology Devices 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 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrophysiology Devices 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 Devices Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Electrophysiology Devices 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 Devices 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 Devices Market Size & Forecast, 2018-2028 
      4.5.1 Electrophysiology Devices Market Size and Y-o-Y Growth 
      4.5.2 Electrophysiology Devices Market Absolute $ Opportunity 

Chapter 5 Global Electrophysiology Devices 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 Devices Market Size Forecast by Type
      5.2.1 Monitoring Devices
      5.2.2 Treatment Devices
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Electrophysiology Devices 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 Devices Market Size Forecast by Applications
      6.2.1 Scientific Institutions
      6.2.2 Universities
      6.2.3 Hospitals
      6.2.4 Laboratory
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Electrophysiology Devices 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 Devices 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 Devices Analysis and Forecast
   9.1 Introduction
   9.2 North America Electrophysiology Devices 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 Devices Market Size Forecast by Type
      9.6.1 Monitoring Devices
      9.6.2 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 Devices Market Size Forecast by Applications
      9.10.1 Scientific Institutions
      9.10.2 Universities
      9.10.3 Hospitals
      9.10.4 Laboratory
   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 Devices Analysis and Forecast
   10.1 Introduction
   10.2 Europe Electrophysiology Devices 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 Devices Market Size Forecast by Type
      10.6.1 Monitoring Devices
      10.6.2 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 Devices Market Size Forecast by Applications
      10.10.1 Scientific Institutions
      10.10.2 Universities
      10.10.3 Hospitals
      10.10.4 Laboratory
   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 Devices Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Electrophysiology Devices 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 Devices Market Size Forecast by Type
      11.6.1 Monitoring Devices
      11.6.2 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 Devices Market Size Forecast by Applications
      11.10.1 Scientific Institutions
      11.10.2 Universities
      11.10.3 Hospitals
      11.10.4 Laboratory
   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 Devices Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Electrophysiology Devices 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 Devices Market Size Forecast by Type
      12.6.1 Monitoring Devices
      12.6.2 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 Devices Market Size Forecast by Applications
      12.10.1 Scientific Institutions
      12.10.2 Universities
      12.10.3 Hospitals
      12.10.4 Laboratory
   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 Devices Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Electrophysiology Devices 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 Devices Market Size Forecast by Type
      13.6.1 Monitoring Devices
      13.6.2 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 Devices Market Size Forecast by Applications
      13.10.1 Scientific Institutions
      13.10.2 Universities
      13.10.3 Hospitals
      13.10.4 Laboratory
   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 Devices Market: Competitive Dashboard
   14.2 Global Electrophysiology Devices Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Biosense Webster
      14.3.2 Abbott Laboratories
      14.3.3 Boston Scientific
      14.3.4 Medtronic
      14.3.5 Micropace EP
Segments Covered in the Report
The global Electrophysiology Devices market has been segmented based on

By Types
  • Monitoring Devices
  • Treatment Devices
By Applications
  • Scientific Institutions
  • Universities
  • Hospitals
  • Laboratory
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Biosense Webster
  • Abbott Laboratories
  • Boston Scientific
  • Medtronic
  • Micropace EP

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