The global electrophysiology diagnostic catheters market is projected to grow at a CAGR of 5.5% over the forecast period. The increasing focus on high-end healthcare facilities, rising occurrence of cardiac diseases, and technological advancements in the healthcare industry are some major factors driving the growth of this market.
Electrophysiology diagnostic catheters are used for the diagnosis of a person's heart, as well as mapping the electrical system in order to find out what is causing an irregular heartbeat. They can also be used to locate and access abnormal areas of the heart muscle. Electrophysiology diagnostic catheter works on detecting electric impulses which travel through a patient's body and then record them. The recorded signals are transmitted by cable into an electrogram machine that analyzes these signals, such as Heart Rate Variability (HRV), changes in rhythm or conduction velocity.
On the basis of type, the electrophysiology diagnostic catheters market is segmented into imaging catheters and non-imaging catheters.
Imaging electrophysiology diagnostic catheters help in demonstrating the flow of electricity by generating electrocardiography (ECG) and mapping out the electric system. It can be used for diagnosing cardiac arrhythmias, such as atrial fibrillation or ventricular tachycardia. Here, it is possible to visualize an area that has been identified as critical for a potential intervention to occur through real-time imaging. The data obtained from these are analyzed using ECG analysis software and then transmitted back through cables into keypad devices that have display screens on them.
Non-imaging electrophysiology diagnostic catheters are used to detect electric impulses that travel through a patient's body and then record them. The recorded signals are transmitted by cable into an electrocardiograph machine (ECG) or pacemaker/defibrillator (ICD) which analyzes these signals, such as Heart Rate Variability (HRV). Non-imaging electrophysiology diagnostic catheters also include mapping of the electrical system in order to find out what is causing an irregular heartbeat. They can also be used to locate and access abnormal areas of the heart muscle.
On the basis of application, the global electrophysiology diagnostic catheters market is segmented into hospital, laboratory, diagnostic & imaging centers.
In hospitals, electrophysiology diagnostic catheters are used for measuring heart rate variability and also helps in diagnosing cardiac arrhythmias. The application in the hospital is done for diagnosis and treatments of conditions that relate to the heart. The catheters are inserted into a vein or artery, depending on what type it is.
In the laboratory, they can be used to measure the conduction velocity of sensory nerve impulses. It is also used to determine whether a patient has electrical abnormalities which may lead to complications such as seizures or sudden death. Electrophysiology diagnostic catheter testing is useful because it allows physicians and other healthcare providers an opportunity to diagnose patients with potentially life-threatening conditions in cases where there are no obvious symptoms present.
In the application of diagnosis & imaging centers, these catheter devices are used to monitor electrical activity arising from cardiac tissues and blood vessels near the heart. The electrophysiological data is then processed by an expert cardiologist or a medical professional with expertise on such issues for further analysis. This technique helps determine whether there is any electric disturbance present at certain points in time and if it has originated due to some form of disease process affecting these regions.
On the basis of region, the global electrophysiology diagnostic catheters market is segmented into North America (the U.S., Canada, and Mexico), Latin America (Brazil and rest of Latin American countries), Europe (Germany and Russia), the Asia Pacific excluding Japan) APEJ)& the Middle East & Africa MEA). The non-imaging electrodiagnostic catheter has high demand in South Korea owing to the growing number of cases related to cardiac arrhythmia disorder. By contrast, the Electrophysiology Diagnostic Catheters Market size forecast from 2021-2028 for the U.S will be driven by the increasing incidence rate of cardiovascular disease coupled with rising awareness about its prevention and treatment.
Growth Factors
The global electrophysiology diagnostic catheters market is driven by factors such as the increasing prevalence of cardiac arrhythmia disorder, growing demand for various therapeutic approaches to address the disease process in developed countries. The global electrophysiology diagnostic catheter market size forecast from 2021-2028 will be driven by the increasing incidence rate of cardiovascular diseases coupled with a rise in awareness regarding its prevention and treatments among populations living within the U.S & Canada regions.
Up Market Research published a new report titled “Electrophysiology Diagnostic Catheters Market research report which is segmented by Types (The imaging catheters, Non-imaging catheters), By Applications (Hospital, Laboratory, Diagnostic & Imaging Centers), By Players/Companies Boston Scientific, Abbott, Johnson & Johnson, Medtronic, Koninklijke Philips, B. Braun Melsungen, C. R. Bard, Cardinal Health, Terumo, Edwards Lifesciences”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Electrophysiology Diagnostic Catheters Market Research Report |
By Type | The imaging catheters, Non-imaging catheters |
By Application | Hospital, Laboratory, Diagnostic & Imaging Centers |
By Companies | Boston Scientific, Abbott, Johnson & Johnson, Medtronic, Koninklijke Philips, B. Braun Melsungen, C. R. Bard, Cardinal Health, Terumo, Edwards Lifesciences |
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 | 249 |
Number of Tables & Figures | 175 |
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 The imaging catheters, Non-imaging catheters and By Application Hospital, Laboratory, Diagnostic & Imaging Centers.
Some of the companies that are profiled in this report are:
Electrophysiology Diagnostic 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 Diagnostic 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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