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Classified in: Health, Covid-19 virus
Subject: SVY

Increasing Prevalence of Atrial Fibrillation to Underscore Electrophysiology Devices Market Growth: TMR Study


Electrophysiology Ablation Catheters segment will witness notable growth in the global electrophysiology devices market

Technological advancement, and increase in investment towards better and innovative product development will contribute to market growth

Asia Pacific (APAC) and Latin American regions will be seen as lucrative markets over the forecast period

ALBANY, N.Y., Aug. 5, 2020 /PRNewswire/ -- Over the forecast period of 2019 to 2027, global electrophysiology devices market will witness increase in its valuation from about USD 5.3 billion in 2018 to approximately USD 11 billion by 2027. The compound annual growth rate will be about 8% over the stated period. A string of factors will lead to this impressive growth rate in the market, keeping the trajectory high.

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As per Transparency Market Research, "Technological advancements and increase in cases of CVD are propelling the global electrophysiology devices market on a high growth trajectory. Other factors include increase in geriatric population, increase in investments directed towards improvement in medical outcomes, and benefits accruing due to various disease awareness programs."

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Key Findings of Global Electrophysiology Devices Market Study:

For a detailed analysis of Global Electrophysiology Devices Market by product type, indication, end user, and region, visit TOC at https://www.transparencymarketresearch.com/report-toc/391

Key Drivers of Growth in Global Electrophysiology Devices Market:

Analyze Global Electrophysiology Devices Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study https://www.transparencymarketresearch.com/sample.php

Regional Analysis of Global Electrophysiology Devices Market:

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Competitive Analysis of Global Electrophysiology Devices Market:

Top players in the competitive landscape of global electrophysiology devices market are Nihon Kohden Corporation, Biosense Webster, Inc., Boston Scientific Corporation, GE Healthcare, Siemens AG, Medtronic plc, Koninklijke Philips N.V., Biotronik SE & Co.KG, Microport Scientific Corporation, and Abbott Laboratories, among others. Granular information on these players is provided in the market report prepared by Transparency Market Research.

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Market Segmentation:

Global Electrophysiology Devices Market by Product Type

Global Electrophysiology Devices Market by Indication

Global Electrophysiology Devices Market by End User

Global Electrophysiology Devices Market by Region

Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:

Magnetic Resonance Imaging Market: The global magnetic resonance imaging market was valued at US$ 5,900 Mn in 2017 and is projected to expand at a CAGR of 5.2% from 2018 to 2026. There has been a substantial rise in incidence of disorders related with spine, neurology, orthopedic, cardiovascular, head and neck, and abdominal and prostate that has increased the demand for magnetic resonance imaging equipment across the world.

Microwave Ablation Devices Market: Rise in prevalence of cancer, lower procedural cost, and potential to perform treatment in an outpatient setting are the factors that drive the global microwave ablation devices market. Additionally, increase in the number of tumor ablation procedures using image-guided devices is projected to propel the global market.

Catheters Market: According to the research report, the global catheters market is projected to be worth US$55,985.1 mn by the end of 2025. During the forecast years of 2017 and 2025, the global catheters market is expected to exhibit a CAGR of 7.4%. Growing geriatric population is also projected to be an integral factor in driving the demand for catheters in the near future.

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About Transparency Market Research

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

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