Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global Electrophysiology Devices Market Outlook

The global Electrophysiology Devices market value was USD 6.82 billion in 2023, driven by the increasing prevalence of cardiac arrhythmias across the globe. The market size is anticipated to grow at a CAGR of 10% during the forecast period of 2024-2032 to achieve a value of USD 16.08 billion by 2032.

Global Electrophysiology Devices Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The growth of the global electrophysiology devices market is fuelled by factors such as the emergence of technologically advanced electrophysiology products, the rapid growth in the ageing population with a high risk of target diseases, increased incidences of cases of arrhythmia across the globe, and the growing focus of key market players to broaden their geographic presence.

Market Segmentation

Electrophysiology is the branch of physiology, which is loosely related to the flow of ions (ion current) in biological tissues and, in general, to the electrical recording techniques which enable this flow to be measured.

Global Electrophysiology Devices Market By End Use

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The electrophysiology devices market can be segmented into type, indication, and end-use.

The industry can be broadly categorised on the basis of its type into:

  • EP Ablation Catheters
  • Cryoablation EP Catheters
  • Radiofrequency Ablation Catheters
  • Laser Ablation Systems
  • Microwave Ablation Systems
  • EP Diagnostic Catheters
  • Conventional EP Diagnostic Catheters
  • Advanced EP Diagnostic Catheters
  • Ultrasound EP Diagnostic Catheters
  • EP Laboratory Devices
  • Access Devices
  • Others

The industry can be divided based on indication as:

  • Atrial Fibrillation (AF)
  • Atrioventricular Nodal Re-entry Tachycardia (AVNRT) 
  • Wolff-Parkinson-White Syndrome (WPW) 
  • Atrial Flutter
  • Others

Based on its end-use segments, the industry can be categorised as:

  • Hospitals
  • Diagnostic Centres
  • Clinics
  • Others

The EMR report looks into the regional electrophysiology devices markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.

Global Electrophysiology Devices Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Analysis

The increasing use of electrophysiological devices in the diagnosis and treatment of heart diseases such as atrial fibrillation, increased demand for cardiac rhythm management devices for continuous monitoring, and the increased use of these devices in out-of-hospital settings are some of the high-impact drivers for the electrophysiology devices market growth. The rising prevalence of heart failure and cardiac attack cases among millennials due to lifestyle habits such as smoking, and the high consumption of alcohol are the major driving factors for the electrophysiology devices market growth.

The lack of skilled and trained electrophysiologists in the developing countries and unfavourable healthcare reforms in the United States are hampering the development of the electrophysiology devices market. The main challenges faced by market players are the rising price pressure on players in the market and stringent regulations.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global electrophysiology devices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Abbott Laboratories 
  • Siemens Healthcare AG
  • Nihon Kohden Corporation
  • Boston Scientific Corporation
  • General Electric Company
  • Medtronic plc
  • Koninklijke Philips N.V.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Indication
  • End User
  • Region
Breakup by Type
  • Treatment Devices
  • Diagnostic Devices
Breakup by Indication
  • Atrial Fibrillation (AF)
  • Supraventricular Tachycardia (SVT)
  • Atrioventricular Nodal Re-Entry Tachycardia (AVNRT)
  • Wolff-Parkinson-White Syndrome (WPW)
  • Bradycardia
  • Others
Breakup by End User
  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Johnson & Johnson Private Limited
  • BIOTRONIK SE & Co KG
  • Abbott
  • Medtronic
  • Boston Scientific Corporation
  • B. Braun Melsungen AG
  • BD
  • Baxter
  • Koninklijke Philips N.V.
  • General Electric
  • Medline Industries, Inc.
  • Danaher
  • Siemens Healthcare GmbH
  • MicroPort Scientific Corporation
  • LivaNova PLC
  • Cardiofocus
  • Mogul Enterprises, Inc.
  • AtriCure, Inc.
  • Japan Lifeline Co., Ltd.
  • ARGON MEDICAL
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!

Key Questions Answered in the Report

The Electrophysiology Devices Market was valued at USD 6.82 billion in 2023.

The market is expected to grow at a CAGR of 10% from 2024 to 2032 to reach a value of USD 16.08 billion by 2032.

The major drivers of the market are the increased incidences of cases of arrhythmia worldwide, growth in the ageing population, and the rising focus of key market players.

The key trends guiding the market growth include the rising prevalence of heart failure and cardiac attack cases among millennials and emergence of technologically advanced electrophysiology products.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of electrophysiology devices in the market are EP ablation catheters, EP diagnostic catheters, EP laboratory devices, and access devices, among others.

The major indications in the market are atrial fibrillation (AF), atrioventricular nodal re-entry tachycardia (AVNRT), Wolff-Parkinson-White Syndrome (WPW), and atrial flutter, among others.

The leading end uses in the electrophysiology devices market are hospitals, diagnostic centres, and clinics, among others.

The major players in the market are Abbott Laboratories, Siemens Healthcare AG, Nihon Kohden Corporation, Boston Scientific Corporation, General Electric Company, Medtronic plc, and Koninklijke Philips N.V., among others.

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Pricing Plans

Purchase Full Report

Datasheet

 

USD 2,969

USD 2,699

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 6,599

USD 5,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 7,699

USD 6,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

Strategic Solutions for Informed Decision-Making

Back to top

We’re here to help answer any questions about our products and services.

Contact us

Locations


United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124